Cryptocoins News / Finance Magnates - 2 years ago
As Binance is exiting the Dutch market, the crypto exchange has entered into an agreement with its local rival Coinmerce to transfer its Dutch users. Binance will cease its operations in Holland on 17 July. Binance to Dutch Transfer Local Rival Accor...
Cryptocoins News / Finance Magnates - 2 years ago
Lately, when it comes to the state of crypto regulation and integration with the traditional financial system, all eyes have been on the US, the EU, and parts of Asia. In the US, it’s been a turbulent situation with regulatory bodies and some politic...
Cryptocoins News / Finance Magnates - 2 years ago
Bitfinex, the cryptocurrency exchange where hackers stole over 119,000 bitcoins (BTC) in August 2016, has retrieved about $315,000 in cash and cryptocurrencies in its latest recovery effort. The BTC stolen from the exchange, worth about $71 million t...
Cryptocoins News / Finance Magnates - 2 years ago
The combined value of spot and derivatives trading volumes on centralized exchanges (CEXs) jumped 14.2% for the first time in three months, reaching $2.71 trillion in June. The bullish trend came amidst a new wave of applications for spot Bitcoin (BT...
Cryptocoins News / Finance Magnates - 2 years ago
The Florida Office of Financial Regulation (OFR) said it issued a three-count complaint against Bittrex in late April, days before the troubled cryptocurrency exchange filed for bankruptcy protection in May. In the complaint, OFR accused Bittrex of f...
Cryptocoins News / Finance Magnates - 2 years ago
The bitcoin mining company, Hut 8 released its production and operations update for the month of June today (Thursday). In the report, the company disclosed that it mined 120 Bitcoins, which is a production rate equivalent to 4 Bitcoins per day.Dur...
Cryptocoins News / Finance Magnates - 2 years ago
Traditional financial services are being reshaped by innovation in the world of cryptocurrency. Crypto lending is one such innovation, a burgeoning industry that allows individuals and corporations to lend and borrow digital assets. Crypto financing...
Cryptocoins News / Finance Magnates - 2 years ago
HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE), the Canadian publicly-listed crypto mining company, has unveiled plans to undergo a strategic rebranding. It includes a change of name to HIVE Digital Technologies Ltd.This move aims to show the compa...
Cryptocoins News / Finance Magnates - 2 years ago
OKX, one of the biggest crypto exchanges by trading volume, has announced the launch of Signal Trading, a trading bot and marketplace. The new platform, scheduled for release in August-September 2023, offers automated crypto trading strategies for re...
Cryptocoins News / Finance Magnates - 2 years ago
The market share of the top cryptocurrency exchange Binance, and its US affiliate, Binance.US, has declined, the latest market data shows. The decline is anticipated to be due to the recent lawsuit filed against the exchange by the Securities and Exc...
Cryptocoins News / Finance Magnates - 2 years ago
Legislators in Israel conducted a preliminary reading for a new bill that proposes the exemption of foreigners from capital gains taxes or profit made from their cryptocurrency activities. The bill, which seeks the amendment of Israel’s Income Tax Or...
Cryptocoins News / Finance Magnates - 2 years ago
Blockchain security company, Certik, has compiled a report showing the value of cryptocurrencies lost in hacks and exploits during the second quarter of the year. According to the report, hackers stole $313 million through different kinds of scams an...
Cryptocoins News / Finance Magnates - 2 years ago
Denmark’s financial markets supervisor has demanded that Saxo Bank dump its cryptocurrency holdings. The Danish Financial Supervisory Authority (FSA) stated this in a statement released today (Wednesday), noting that the multi-asset broker’s trading...
Cryptocoins News / Finance Magnates - 2 years ago
The rise of cryptocurrencies and digital assets has shifted the financial industry's worldview. These digital currencies provide up new avenues for investment, cross-border commerce, and decentralized finance. However, in addition to its enormous pot...
Cryptocoins News / Finance Magnates - 2 years ago
The Australian financial regulator has searched the premises of the local subsidiaries of Binance that came as a part of the probe against the crypto exchange’s now-closed derivatives business. ASIC’s Investigation against Binance According to a Blo...
Cryptocoins News / Finance Magnates - 2 years ago
A new bill that seeks to empower agencies in the United Kingdom to seize and freeze cryptocurrency in money laundering cases has received the approval of the Parliament’s upper chamber. The Economic Crime and Corporate Transparency Bill, which was fi...
Cryptocoins News / Finance Magnates - 2 years ago
Cryptocurrency exchanges operating in South Africa have until November 30 to register with the country’s financial regulator. Those who will not comply with the directive risk facing enforcement actions, including fines or business closure, the Fin...
Cryptocoins News / Finance Magnates - 2 years ago
The UK financial watchdog has said crypto firms in the country will have four “legal routes” through which they can comply with its rules for digital assets promotion coming into force on October 8, 2023. The Financial Conduct Authority (FCA) stated...
Cryptocoins News / Finance Magnates - 2 years ago
Bitcoin (BTC) upheld its rank as the most-held crypto asset by retail traders in the second quarter of 2023. This surge was contrary to the broader market's trends, with Bitcoin's revival in price movement noted in the trading and investing platform'...
Cryptocoins News / Finance Magnates - 2 years ago
A group of South Korea’s major cryptocurrency exchanges has launched a system that alerts users of abnormal changes in the prices of cryptocurrencies. The alliance, dubbed the Digital Asset Exchange Association (DAXA) and comprising Upbit, Bithumb, C...
Cryptocoins News / Finance Magnates - 2 years ago
The cryptocurrency trading platform, Bitget, has launched a new product 'Crypto Loans' in response to the growing demand for digital lending solutions. This venture is expected to appeal to those users who have been discouraged by the credit offering...
Cryptocoins News / Finance Magnates - 2 years ago
Revolut has become the latest trading platform to progress towards delisting three cryptocurrencies, Cardano’s ADA, Polygon’s MATIC, and Solana’s SOL, on behalf of its customer in the United States. However, the platform will continue to support thes...
Cryptocoins News / Finance Magnates - 2 years ago
The bankrupt cryptocurrency exchange, FTX, has said it will launch a portal “in the coming weeks” for customers owed by the global crypto trading platform, FTX.com and its affiliates to state their claims. The exchange stated this on a website, claim...
Cryptocoins News / Finance Magnates - 2 years ago
Thailand’s securities watchdog today (Monday) issued new rules that ban cryptocurrency firms from offering crypto lending services that provide returns to investors for their deposits. The rules also demand that digital asset operators from July 31,...
Cryptocoins News / Finance Magnates - 2 years ago
Belarus is planning to ban cryptocurrency exchange transactions between individuals due to an increase in crime. The country is also planning to implement procedures such as those applicable to foreign currencies which make it impossible to withdraw...
