Cryptocoins News / Finance Magnates - 9 months ago
UP Fintech Holding Limited, the Tiger Trade online brokerage operator, has received approval from the Hong Kong Securities and Futures Commission to upgrade its license to include dealing in virtual assets. This makes UP Fintech one of the first brok...
Cryptocoins News / Finance Magnates - 9 months ago
A federal judge rejected a travel request from the Founder of Binance, Changpeng "CZ" Zhao, to visit his home in the United Arab Emirates for the "hospitalization and surgery" of an undisclosed individual. This decision comes despite Zhao offering to...
Cryptocoins News / Finance Magnates - 9 months ago
The approval of 11 Bitcoin exchange-traded funds (ETFs) could guarantee a similar instrument of Ether as the Securities and Exchange Commission (SEC) delayed its decision on BlackRock’s Ether ETF application.The Fight for Ether ETF ContinuesThe decis...
Cryptocoins News / Finance Magnates - 10 months ago
Binance, a major player in the cryptocurrency market, is bidding farewell to the Russian market. Part of this exit strategy and sale to CommEX includes plans to discontinue all services related to the Russian ruble (RUB) by early February 2024.This d...
Cryptocoins News / Finance Magnates - 10 months ago
Nexo AG and its subsidiaries have initiated legal action against the Republic of Bulgaria, filing an International Centre for Settlement of Investment Disputes arbitration claim exceeding $3 billion. The claim alleges damages and lost opportunities r...
Cryptocoins News / Finance Magnates - 10 months ago
Enterprise blockchain company R3 has announced the launch of a new suite of digital solutions aimed at helping financial firms adopt distributed ledger technology (DLT) and the appointment of Kate Karimson as Chief Commercial Officer (CMO).This launc...
Cryptocoins News / Finance Magnates - 10 months ago
Enterprise blockchain company R3 has announced the launch of a new suite of digital solutions aimed at helping financial firms adopt distributed ledger technology (DLT) and the appointment of Kate Karimson as Chief Commercial Officer (CCO).This launc...
Cryptocoins News / Finance Magnates - 10 months ago
The crypto exchange Bitget has introduced an upgraded copy trading system that will allow users to allocate investments and execute trades based on their total assets, the company announced today (Wednesday).Bitget Upgrades Copy Trading Feature to Al...
Cryptocoins News / Finance Magnates - 10 months ago
The trustee of the now-collapsed crypto exchange Mt. Gox appears to have decided to rehabilitate the victims with Bitcoin or Bitcoin Cash. In an email sent to some victims, the trustee asked for confirmation of their identity and account details with...
Cryptocoins News / Finance Magnates - 10 months ago
The Securities and Exchange Commission (SEC) has revealed that the unauthorized post about approving spot Bitcoin exchange-traded funds (ETFs) on January 9 is related to a "SIM swap" attack. This tactic involves transferring a mobile phone number to...
Cryptocoins News / Finance Magnates - 10 months ago
A recent examination by FINRA uncovered a staggering 70% potential rate of violation of its retail communication regulations for crypto assets. This revelation has highlighted the need for stringent adherence to regulatory guidelines as firms navigat...
Cryptocoins News / Finance Magnates - 10 months ago
FTX's claims prices have experienced a remarkable surge, reaching almost 80 cents to the dollar, amid an anticipated hearing of a dispute between the bankrupt crypto exchange and its creditors. According to a report by Cointelegraph, FTX is advocati...
Cryptocoins News / Finance Magnates - 10 months ago
After months of speculation and a frenzy of attention that crossed over from crypto Twitter to mainstream financial channels, those long-awaited spot BTC ETFs finally gained approval from the SEC earlier this month, and from there, were almost immedi...
Cryptocoins News / Finance Magnates - 10 months ago
The crypto lender Abra has entered into a settlement with the Texas State Securities Board, agreeing to return the frozen funds of the customers. According to yesterday’s (Monday) announcement, the company currently holds about $13.6 million in crypt...
Cryptocoins News / Finance Magnates - 10 months ago
A pivotal hearing unfolded in a Washington DC federal courtroom today (Monday), as Binance faced intense scrutiny from Federal Judge Amy Berman Jackson. Lawyers for Binance were pressed to defend their request for the dismissal of a high-profile laws...
Cryptocoins News / Finance Magnates - 10 months ago
Following the approval of spot Bitcoin exchange-traded funds (ETFs), the crypto market has experienced a surprising downturn after FTX unloaded a staggering $1 billion worth of Grayscale Bitcoin Trust's (GBTC) shares. This unprecedented sell-off, att...
Cryptocoins News / Finance Magnates - 10 months ago
Terraform Labs, the company once known for its algorithmic stablecoin TerraUSD (UST), has filed for Chapter 11 bankruptcy protection in the United States, according to the documents filed yesterday (Sunday) with the Bankruptcy Court for the District...
Cryptocoins News / Finance Magnates - 10 months ago
The US federal appeals court has ordered the appointment of an independent bankruptcy examiner to investigate the collapse of FTX, the cryptocurrency exchange once headed by the convicted Sam Bankman-Fried. This decision, reversing a prior ruling, fo...
Cryptocoins News / Finance Magnates - 10 months ago
Norman Reed, the Interim CEO of Binance.US, has launched a scathing critique of the Securities and Exchange Commission's (SEC) strategy for regulating digital assets, characterizing it as fundamentally flawed and harmful to the US economy. Reed, a fo...
Cryptocoins News / Finance Magnates - 10 months ago
While generalizations are often best avoided, it’s fair to say that a significant number of long-time Bitcoin believers are not fans of Davos get-togethers, or indeed of event organizers the World Economic Forum. This can be put down, in part, to Bit...
Cryptocoins News / Finance Magnates - 10 months ago
The Office of the President of the Republic of Korea is challenging the Financial Services Commission's (FSC) stance against spot Bitcoin exchange-traded funds (ETFs). This step arrived about a week after the FSC cautioned against trading US-based sp...
Cryptocoins News / Finance Magnates - 10 months ago
The trend that will shape the crypto and Web 3 space in 2024 is the role of AI as a game maker, which is the concept of using AI to generate, design, and develop games. It can provide various advantages for game-making, such as speed, scale, and dive...
Cryptocoins News / Finance Magnates - 10 months ago
Thailand's Securities and Exchange Commission (SEC) has announced the removal of investment restrictions on retail investors who engage in real estate-based digital tokens. The regulatory update, effective since January 16, comes after a public consu...
Cryptocoins News / Finance Magnates - 10 months ago
The United States Securities and Exchange Commission (SEC) has announced a 45-day extension to its deliberation period for asset manager Fidelity's Ether exchange-traded funds (ETFs). The regulatory body cited the need for sufficient time to evaluate...
Cryptocoins News / Finance Magnates - 10 months ago
Bitfinex, a digital asset trading platform, has partnered with Synonym to introduce a feature that simplifies and accelerates Lightning Network transactions. This collaboration aims to enhance customer experience by eliminating the complexities assoc...
