Cryptocoins News / Finance Magnates - 9 months ago
The crypto hedge fund Tyr Capital is embroiled in a contentious dispute with one of its clients regarding its exposure to the bankrupt digital assets exchange FTX.Tyr Capital Faces $22 Million Claim Tyr Capital stands accused of "criminal" mismanagem...
Cryptocoins News / Finance Magnates - 9 months ago
Nexera Foundation, formerly known as AllianceBlock, is undergoing a transition, rebranding itself to align with its mission and objectives. The shift reflects the organization's strategic focus on advancing the era of tokenized finance while fosterin...
Cryptocoins News / Finance Magnates - 9 months ago
Japan's cabinet has passed a bill that expands the investment landscape for venture capital firms and investment funds by permitting them to acquire and hold crypto assets. If passed by parliament, this legislation could catalyze investment in Web3 s...
Cryptocoins News / Finance Magnates - 9 months ago
After launching its global headquarters in Dubai less than a year ago, the cryptocurrency exchange Bybit is now looking towards Europe where it aims to open Amsterdam’s regional office. The establishment of the new bureau in the Dutch capital was mad...
Cryptocoins News / Finance Magnates - 9 months ago
The digital bank Revolut is developing a new cryptocurrency trading platform designed for seasoned crypto traders, according to an e-mail sent to customers this week. The new platform will offer more advanced trading features like deeper market analy...
Cryptocoins News / Finance Magnates - 9 months ago
Cboe Australia has listed new exchange-traded funds (ETFs) from iShares by BlackRock. This step places BlackRock among the major asset management firms listing its iShares ETFs on every Cboe exchange globally.Dave Howson, the Executive Vice President...
Cryptocoins News / Finance Magnates - 9 months ago
Bithumb Korea, the operator of South Korea’s second-largest cryptocurrency exchange Bithumb, faces a setback as it fails to secure a deal with major local lender KB Kookmin Bank for the issuance of real-name accounts, potentially hindering its effort...
Cryptocoins News / Finance Magnates - 9 months ago
There’s plenty of talk recently about crypto going mainstream, triggered especially by events around spot bitcoin ETFs in the US. These products were approved and launched in January, which is significant in itself, but what has followed is a hugely...
Cryptocoins News / Finance Magnates - 9 months ago
California-headquartered Coinbase (Nasdaq: COIN) has reported a profit of $273.4 million or $1.04 per share in the fourth quarter of 2023, beating an expected loss of expected loss of 1 cent per share, according to LSEG data. It was the first quarter...
Cryptocoins News / Finance Magnates - 9 months ago
Revolut, a leading European banking fintech firm, is reportedly planning to list Bonk, the largest meme coin linked to the Solana blockchain. Additionally, it plans to kick off a $1.2 million campaign to encourage cryptocurrency awareness among its u...
Cryptocoins News / Finance Magnates - 9 months ago
In early December, the first cryptocurrency company made its debut on the Abu Dhabi stock market, receiving a warm welcome from investors. Two months later, Phoenix Group UAE, specializing in the mining of cryptocurrency assets, published its 2023 re...
Cryptocoins News / Finance Magnates - 9 months ago
Wintermute Asia, the digital asset trading division of algorithmic trading firm Wintermute Group, announced today (Thursday) the addition of contract for difference (CFD) crypto products to its over-the-counter (OTC) derivatives suite.Wintermute Asia...
Cryptocoins News / Finance Magnates - 9 months ago
Over the last few months, investor sentiment towards individual cryptocurrencies has favored Ethereum (ETH) over Bitcoin (BTC). However, the release of the first-ever spot exchange-traded funds (ETFs) for BTC has changed the balance of market forces,...
Cryptocoins News / Finance Magnates - 9 months ago
The ascent of cryptocurrencies, spearheaded by the expansive influence of Bitcoin, Ethereum, and a multitude of altcoins, has experienced significant momentum in recent years. This surge prompts a scrutiny of the implications for the broader financia...
Cryptocoins News / Finance Magnates - 9 months ago
Ripple made an announcement of its agreement to acquire Standard Custody & Trust Company, a regulated platform specializing in digital assets. By integrating Standard Custody's limited purpose trust charter and money transmitter licenses into its...
Cryptocoins News / Finance Magnates - 9 months ago
South Korea's financial authorities, led by the Korea Financial Intelligence Unit (KoFIU), are planning to implement stringent measures targeting cryptocurrency exchanges. Exchanges failing to meet the stringent standards will face expulsion from the...
Cryptocoins News / Finance Magnates - 9 months ago
The criminal sentencing of Changpeng Zhao, the Founder and former CEO of Binance, for his conviction on money laundering, has been delayed until April 30, according to a notice yesterday (Monday) in Seattle federal court.However, the court docket ent...
Cryptocoins News / Finance Magnates - 9 months ago
Canada-headquartered Aquanow, a crypto infrastructure provider, has bolstered its compliance efforts by securing a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority (VARA).A Much-Sought Crypto LicenseAnnou...
Cryptocoins News / Finance Magnates - 9 months ago
Life is not easy when you are one of the largest cryptocurrency exchanges by volume and number of clients. On the one hand, you deal with regulators in different parts of the world, and on the other, with scammers who try to impersonate your brand. C...
Cryptocoins News / Finance Magnates - 9 months ago
Crypto Finance AG, a part of the Deutsche Börse Group, the FINMA-supervised provider of institutional-grade investment solutions, custody, and trading for digital assets has obtained four licenses from the German Federal Financial Supervisory Authori...
Cryptocoins News / Finance Magnates - 9 months ago
The New York Attorney General Letitia James has expanded her legal pursuit against Digital Currency Group (DCG), its CEO, Barry Silbert, and Genesis Global Capital. The amended complaint, following the initial lawsuit filed last year, exposes an addi...
Cryptocoins News / Finance Magnates - 9 months ago
Commercial Bank International PJSC (CBI) and Fuze, a digital asset infrastructure provider, have signed a Memorandum of Understanding to explore and develop digital asset solutions within the UAE's comprehensive regulatory frameworks. According to a...
Cryptocoins News / Finance Magnates - 9 months ago
An Australian federal court has ruled that Web3 Ventures Pty Ltd, operating under its tradename Block Earner, has been offering crypto products without obtaining a necessary financial services license. It was one of the country's first such court rul...
Cryptocoins News / Finance Magnates - 9 months ago
Bankrupt crypto lender Genesis Global Holdco LLC has settled the fraud charges brought against it by the New York Attorney General, Letitia James, through its now-terminated Gemini Earn program. According to the Bloomberg report, the settlement ensur...
Cryptocoins News / Finance Magnates - 9 months ago
Kraken has achieved a milestone in its European growth strategy with the acquisition of a Virtual Asset Service Provider (VASP) registration from the Dutch Central Bank (DNB). This registration paves the way for Kraken to expand its operations into t...
