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Thought Leaders
Mineplex.Finance to Help Shape the Future of Crypto in Payments
2022-04-11T12:18:20.669+02:00
Finance Magnates interviews Mineplex’s Co-Founder Alexander Mamasidikov.
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Institutional FX
Exclusive: GCEX Enhances Crypto Offering with Six New Additions
2022-04-11T10:45:20.792+02:00
The platform currently offers around 20 crypto products.
It came with increased demand from its client base.
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Long BTC Liquidations Surge, Bitcoin Exchange Outflows Reach $6.6 Billion
2022-04-11T10:31:59.054+02:00
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.
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Helveteq Announces Listing of Crypto ETPs on SIX Swiss Exchange
2022-04-11T09:18:55.585+02:00
SIX now has a total of 155 tradable crypto ETPs.
In 2021, the crypto product segment at SIX saw strong growth.
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CryptoCurrency
Scammers Steal $1.6m via New YouTube Crypto Giveaway
2022-04-11T08:41:55.213+02:00
The scammers used footage of Elon Musk, Vitalik Buterin and others.
The exact number of victims and total amount of stolen funds remain unknown.
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Janet Yellen Highlights Benefits of ‘Responsible’ Crypto Innovation
2022-04-08T08:06:00.901+02:00
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.
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CryptoCurrency
Preparing for Web4
2022-04-07T18:30:00.000+02:00
While web2 is efficient and accessible, it is highly centralized.
However, web3 cuts out middlemen and emphasizes ownership.
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CryptoCurrency
Nigeria’s CBN Slams $2m Fines on Four Banks for Crypto Transactions
2022-04-07T17:04:08.561+02:00
CBN spotted the transactions through its surveillance technology.
The sanctions come over a year after the implicit ban on crypto transactions.
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CryptoCurrency
IoTeX Launches IoPay 2.0, Supporting Ethereum, BNB and Polygon
2022-04-07T16:57:02.464+02:00
The new multichain wallet supports a range of leading cryptos.
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News
Bitcoin Holder Activates Dormant Address after 12 Years
2022-04-07T14:18:01.622+02:00
The address transferred 50 BTC worth more than $2 million on Thursday.
Bitcoin’s illiquid supply has been surging.
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Worldpay Plans to Offer Merchants Direct Settlement in Stablecoin USDC
2022-04-07T08:20:01.404+02:00
The company has partnered with Circle.
The offering will drive the adoption of digital assets.
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Binance.US Secures $200 Million in Seed Funding
2022-04-07T07:31:35.351+02:00
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.
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Institutional FX
Crypto Lending Platform Nexo Launches Prime Brokerage Services
2022-04-06T19:28:43.565+02:00
Nexo Prime was built over 18 months with a core client group.
Clients to have access to $375 million in custodial insurance.
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23% of Digital Businesses Are Planning to Allow Crypto Payments by 2024
2022-04-06T14:17:08.639+02:00
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.
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Technology
Devexperts Adds Spot Crypto Trading Functionality to DXtrade
2022-04-06T14:13:35.727+02:00
Brokers using DXtrade can now offer both margin and spot crypto trading services.
It is one of the long-awaited services in the industry.
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Crypto Address Moves 2,175 Bitcoin from Binance
2022-04-06T11:05:36.278+02:00
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.
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News
FTX US Makes Strategic Investment in IEX Group
2022-04-05T15:02:11.737+02:00
The deal is expected to close next month.
The collaboration will facilitate retail and institutional investors.
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Bitcoin Circulating Supply Hits 19 Million BTC
2022-04-05T10:40:06.626+02:00
Almost 90.5% of the total coins have been mined.
Bitcoin’s current market cap stands at around $900 billion.
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CryptoCurrency
Snoop Dogg Boosts Cardano
2022-04-05T10:25:37.418+02:00
The Cardano NFT space is more compact and close-knit.
Cardano NFTs could be set to achieve greater highs.
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CryptoCurrency
Inflows from Crypto Products Lag as Q1 Ends
2022-04-05T09:10:13.973+02:00
Net inflow for Q1 of 2022 hit US$501m as AUM recovers to US$61 billion.
Solana emerges 3rd best performing investment product.
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CryptoCurrency
Brazil, Hong Kong, India Lead as Crypto Adoption Skyrockets in 2021
2022-04-04T16:45:08.654+02:00
Gemini says 2021 was crypto’s breakout year.
Regulation and lack of education are stunting crypto adoption.
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Bitcoin Mining Difficulty Hits Another All-Time High
2022-04-04T10:28:11.322+02:00
Bitcoin mining rate has increased consistently in the last few months.
BTC network difficulty has touched 28.587 trillion.
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Executive Moves
TRM Selects Chris Janczewski to Lead Global Investigations Team
2022-04-02T12:58:18.151+02:00
Janczewski is the former IRS-Criminal Investigations (IRS-CI) Special Agent.
The company recently received investment from JPMorgan.
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Crypto Whale Movements Accelerate, XRP Wallet Transfers 40 Million Coins
2022-04-02T11:30:23.726+02:00
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.
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Retail FX
Latvian and Lithuanian Authorities Detain 108 People over Call Center Scam
2022-04-01T12:52:00.279+02:00
The fraudsters were running fake financial investment schemes.
Europol and Eurojust also supported the operation.
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