Cryptocoins News / Finance Magnates - 3 months ago
“A purely peer-to-peer version of electronic cash”: that’s how Satoshi Nakamoto defined Bitcoin in the original whitepaper. Electronic cash or not, Bitcoin has now attracted the attention of everyone: tech enthusiasts, consumers, traders, investors,...
Cryptocoins News / Finance Magnates - 3 months ago
BitGo, a provider of digital asset infrastructure solutions, has secured the Major Payment Institution Licence from the Monetary Authority of Singapore (MAS). This licence follows an in-principle approval granted several months ago. Singapore's clear...
Cryptocoins News / Finance Magnates - 3 months ago
On Wednesday (yesterday), District Judge Analisa Torres of the Southern District of New York ordered Ripple to pay $125 million in civil penalties and imposed an injunction against future violations of securities laws. This decision follows a finding...
Cryptocoins News / Finance Magnates - 3 months ago
HTX Ventures, the investment arm of the global crypto exchange HTX, has outlined its key investment directions for the first half of 2024. According to the company, the first half of 2024 has been a period of significant innovation and growth in the...
Cryptocoins News / Finance Magnates - 3 months ago
The UK's Financial Conduct Authority (FCA) has intensified its crackdown on crypto firms, issuing over 1,000 warnings and removing 48 apps from UK app stores since new financial promotion rules took effect last October, Coindesk reported. This enforc...
Cryptocoins News / Finance Magnates - 3 months ago
The Financial Conduct Authority (FCA) has recently conducted an assessment of cryptocurrency firms to ensure their compliance with new financial promotion rules aimed at improving consumer understanding of crypto investment risks. These rules, which...
Cryptocoins News / Finance Magnates - 3 months ago
Cryptocurrency exchange Binance has challenged a substantial $86 million tax show cause notice by India's tax authorities, Coindesk reported, citing sources familiar with the matter. This notice, a preliminary step in suspected tax evasion cases, mar...
Cryptocoins News / Finance Magnates - 3 months ago
Atalanta BC has announced a new partnership with zondacrypto, a cryptocurrency exchange marketplace. As part of the agreement, zondacrypto will become the club’s Sleeve Partner. This means the zondacrypto logo will appear on the sleeve of the first...
Cryptocoins News / Finance Magnates - 3 months ago
Despite Bitcoin's (BTC) mixed summer performance, one of Wall Street's largest cryptocurrency miners managed to increase production. Riot Platforms (NASDAQ: RIOT) reported in its latest report a 45% increase in mining to 370 BTC in July.Wall Street B...
Cryptocoins News / Finance Magnates - 3 months ago
European digital asset investment firm CoinShares reported financial results for the second quarter of 2024 today (Tuesday), building on the momentum from Q1 and announcing a special dividend following the successful recovery of its FTX claim. Howeve...
Cryptocoins News / Finance Magnates - 3 months ago
The cryptocurrency market is experiencing one of its strongest sell-offs in months today (Monday), testing levels not seen since the beginning of 2024. Bitcoin (BTC) has shed 25% of its total value in just 4 days, shrinking by $320 billion. The rest...
Cryptocoins News / Finance Magnates - 3 months ago
Xapo Bank, a Gibraltar-licensed digital banking for crypto, has expanded its operations into the United Kingdom. It has become the first licensed bank in the country to offer a combined interest-bearing USD and Bitcoin (BTC) account. This move comes...
Cryptocoins News / Finance Magnates - 3 months ago
Bitcoin (BTC) miner Argo Blockchain, publicly traded on Wall Street and the London Stock Exchange (LSE), has presented today (Monday) its latest report on cryptocurrency production for July. The result of 48 mined BTC is over 60% worse than last year...
Cryptocoins News / Finance Magnates - 3 months ago
Over 20 companies engaged in Bitcoin (BTC) mining, the process of extracting the oldest cryptocurrency for profit, are now listed on global stock exchanges. Wall Street is home to the vast majority of them, and it's where we find the largest publicly...
Cryptocoins News / Finance Magnates - 3 months ago
Marathon Digital Holdings (MARA) saw its shares drop by up to 8% in after-hours trading yesterday (Thursday). This decline followed the company's announcement that its second-quarter revenue fell short of Wall Street expectations.Operational Issues I...
Cryptocoins News / Finance Magnates - 3 months ago
Marathon Digital Holdings (MARA) saw its shares drop by up to 8% in after-hours trading yesterday (Thursday). This decline followed the company's announcement that its second-quarter revenue fell short of Wall Street expectations.Operational Issues I...
Cryptocoins News / Finance Magnates - 3 months ago
With six months remaining before the European MiCA Regulation’s provisions on crypto-asset services take effect, the Autorité des Marchés Financiers (AMF) has begun accepting applications for authorization to operate as a crypto-asset service provide...
Cryptocoins News / Finance Magnates - 3 months ago
Bybit, one of the top cryptocurrency exchanges in terms of trading volume, announced yesterday (Thursday) that it will terminate its products and services for French nationals and residents. The exchange cited “recent regulatory developments” in the...
Cryptocoins News / Finance Magnates - 3 months ago
Do Kwon, the co-founder of the bankrupt Terraform Labs, will be extradited to South Korea, a Montenegro appeals court ordered yesterday (Thursday), rejecting the United States’ bid. However, it remains unclear when he will be sent to his home country...
Cryptocoins News / Finance Magnates - 3 months ago
CleanSpark (NASDAQ: CLSK), the second biggest Bitcoin (BTC) producer on Wall Street by market capitalization, announced today (Thursday) the execution of 75 megawatts (MW) of power contracts and the acquisition of its first Bitcoin mining site in Wyo...
Cryptocoins News / Finance Magnates - 3 months ago
Futu Securities International, an online broker in Hong Kong, has introduced retail cryptocurrency trading in the city. The company now allows Hong Kong residents to trade bitcoin and ether directly on its platform using either Hong Kong or US dollar...
Cryptocoins News / Finance Magnates - 3 months ago
The European Securities and Markets Authority (ESMA) has released an Opinion concerning the authorization of global crypto firms under the Markets in Crypto Assets (MiCA) Regulation. This Opinion addresses the risks associated with crypto firms that...
Cryptocoins News / Finance Magnates - 3 months ago
Terra blockchain briefly halted operations on Wednesday before restarting it, following a $4 million exploit, Coindesk reported. This abrupt interruption resulted from a reentrancy attack that exploited a known vulnerability, leading to the theft of...
Cryptocoins News / Finance Magnates - 3 months ago
The privately held stocks of Circle Internet Financial, the issuer of the USDC stablecoin, are trading between the valuation of $5 billion and $5.25 billion, according to a report by Coindesk, which cited “three people with knowledge of the matter.”...
Cryptocoins News / Finance Magnates - 3 months ago
The US Securities and Exchange Commission (SEC) and Department of Justice (DoJ) charged Nader Al-Naji, the founder of the crypto social media platform BitClout, with wire fraud and the sale of unregistered securities. He was arrested last Saturday an...
