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News
Institutional Crypto Inflows Decline, Weekly Outflows Hit $134 Million
Crypto investment products witnessed the second-largest weekly outflows.
BTC-related outflows totaled $132 million last week.
Tuesday, 12/04/2022 | 07:01 GMT
by
Bilal Jafar
Thought Leaders
Mineplex.Finance to Help Shape the Future of Crypto in Payments
Finance Magnates interviews Mineplex’s Co-Founder Alexander Mamasidikov.
Monday, 11/04/2022 | 10:18 GMT
by
MinePlex
Institutional FX
Exclusive: GCEX Enhances Crypto Offering with Six New Additions
The platform currently offers around 20 crypto products.
It came with increased demand from its client base.
Monday, 11/04/2022 | 08:45 GMT
by
Arnab Shome
News
Long BTC Liquidations Surge, Bitcoin Exchange Outflows Reach $6.6 Billion
Almost $25 million worth of long BTC trading positions have been liquidated in the past 24 hours.
Last week, BTC exchange flows came in at -$229 million.
Monday, 11/04/2022 | 08:31 GMT
by
Bilal Jafar
News
Helveteq Announces Listing of Crypto ETPs on SIX Swiss Exchange
SIX now has a total of 155 tradable crypto ETPs.
In 2021, the crypto product segment at SIX saw strong growth.
Monday, 11/04/2022 | 07:18 GMT
by
Bilal Jafar
CryptoCurrency
Scammers Steal $1.6m via New YouTube Crypto Giveaway
The scammers used footage of Elon Musk, Vitalik Buterin and others.
The exact number of victims and total amount of stolen funds remain unknown.
Monday, 11/04/2022 | 06:41 GMT
by
Solomon Oladipupo
News
Janet Yellen Highlights Benefits of ‘Responsible’ Crypto Innovation
According to her, crypto regulation should be based on risks.
She also outlined the need for collaborative efforts to increase the adoption of innovative technologies.
Friday, 08/04/2022 | 06:06 GMT
by
Bilal Jafar
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CryptoCurrency
Preparing for Web4
While web2 is efficient and accessible, it is highly centralized.
However, web3 cuts out middlemen and emphasizes ownership.
Thursday, 07/04/2022 | 16:30 GMT
by
Sam White
CryptoCurrency
Nigeria’s CBN Slams $2m Fines on Four Banks for Crypto Transactions
CBN spotted the transactions through its surveillance technology.
The sanctions come over a year after the implicit ban on crypto transactions.
Thursday, 07/04/2022 | 15:04 GMT
by
Solomon Oladipupo
CryptoCurrency
IoTeX Launches IoPay 2.0, Supporting Ethereum, BNB and Polygon
The new multichain wallet supports a range of leading cryptos.
Thursday, 07/04/2022 | 14:57 GMT
by
Finance Magnates Staff
News
Bitcoin Holder Activates Dormant Address after 12 Years
The address transferred 50 BTC worth more than $2 million on Thursday.
Bitcoin’s illiquid supply has been surging.
Thursday, 07/04/2022 | 12:18 GMT
by
Bilal Jafar
News
Worldpay Plans to Offer Merchants Direct Settlement in Stablecoin USDC
The company has partnered with Circle.
The offering will drive the adoption of digital assets.
Thursday, 07/04/2022 | 06:20 GMT
by
Bilal Jafar
News
Binance.US Secures $200 Million in Seed Funding
The crypto trading platform has received a valuation of $4.5 billion.
The investment round was joined by RRE Ventures, Foundation Capital and Original Capital.
Thursday, 07/04/2022 | 05:31 GMT
by
Bilal Jafar
Institutional FX
Crypto Lending Platform Nexo Launches Prime Brokerage Services
Nexo Prime was built over 18 months with a core client group.
Clients to have access to $375 million in custodial insurance.
Wednesday, 06/04/2022 | 17:28 GMT
by
Solomon Oladipupo
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News
23% of Digital Businesses Are Planning to Allow Crypto Payments by 2024
Nearly 40% of young consumers aim to use crypto for goods and services.
A recent report by Checkout.com shows the rapid adoption of digital currencies.
Wednesday, 06/04/2022 | 12:17 GMT
by
Bilal Jafar
Technology
Devexperts Adds Spot Crypto Trading Functionality to DXtrade
Brokers using DXtrade can now offer both margin and spot crypto trading services.
It is one of the long-awaited services in the industry.
Wednesday, 06/04/2022 | 12:13 GMT
by
Arnab Shome
News
Crypto Address Moves 2,175 Bitcoin from Binance
The total value of the transfer stands near $100 million.
In a separate transaction, a BTC whale sent 1,000 coins to an unknown address.
Wednesday, 06/04/2022 | 09:05 GMT
by
Bilal Jafar
News
FTX US Makes Strategic Investment in IEX Group
The deal is expected to close next month.
The collaboration will facilitate retail and institutional investors.
Tuesday, 05/04/2022 | 13:02 GMT
by
Bilal Jafar
News
Bitcoin Circulating Supply Hits 19 Million BTC
Almost 90.5% of the total coins have been mined.
Bitcoin’s current market cap stands at around $900 billion.
Tuesday, 05/04/2022 | 08:40 GMT
by
Bilal Jafar
CryptoCurrency
Snoop Dogg Boosts Cardano
The Cardano NFT space is more compact and close-knit.
Cardano NFTs could be set to achieve greater highs.
Tuesday, 05/04/2022 | 08:25 GMT
by
Sam White
CryptoCurrency
Inflows from Crypto Products Lag as Q1 Ends
Net inflow for Q1 of 2022 hit US$501m as AUM recovers to US$61 billion.
Solana emerges 3rd best performing investment product.
Tuesday, 05/04/2022 | 07:10 GMT
by
Solomon Oladipupo
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CryptoCurrency
Brazil, Hong Kong, India Lead as Crypto Adoption Skyrockets in 2021
Gemini says 2021 was crypto’s breakout year.
Regulation and lack of education are stunting crypto adoption.
Monday, 04/04/2022 | 14:45 GMT
by
Solomon Oladipupo
News
Bitcoin Mining Difficulty Hits Another All-Time High
Bitcoin mining rate has increased consistently in the last few months.
BTC network difficulty has touched 28.587 trillion.
Monday, 04/04/2022 | 08:28 GMT
by
Bilal Jafar
Executive Moves
TRM Selects Chris Janczewski to Lead Global Investigations Team
Janczewski is the former IRS-Criminal Investigations (IRS-CI) Special Agent.
The company recently received investment from JPMorgan.
Saturday, 02/04/2022 | 10:58 GMT
by
Bilal Jafar
News
Crypto Whale Movements Accelerate, XRP Wallet Transfers 40 Million Coins
Crypto transactions with a value of at least $1 million are surging.
Yesterday, someone sent $138 million worth of BTC from Coinbase to an unknown wallet.
Saturday, 02/04/2022 | 09:30 GMT
by
Bilal Jafar
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