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Cryptocurrency
Europe's Economic Crossroads: Recession Fears and S&P Global's
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CryptoCurrency
What is the Bitcoin Halving? Unveiling the Most Important Event in Bitcoin's History
2024-03-07T18:32:53.169+02:00
The April 2024 halving, deemed the most significant to date, will reduce the block reward from 6.25 bitcoins to 3.125.
The emergence of spot Bitcoin ETFs and the enhancement in regulatory clarity are distinctive features unique to the current event.
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CryptoCurrency
Hut 8 Shuts Canadian Bitcoin Mining Site to Strengthen Efficiency and Financials
2024-03-07T11:19:28.736+02:00
It will relocate the efficient Bitcoin miners from the closed site to another site.
The relocation would increase the Bitcoin mined per EH by about 11 percent.
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CryptoCurrency
Revolut and MetaMask Forge Alliance to Introduce Revolut Ramp
2024-03-06T11:46:47.098+02:00
The integration facilitates crypto additions to self-custodial wallets for UK and EEA users.
The users also have the option to conduct transactions using Visa or Mastercard cards.
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CryptoCurrency
BitForex Plunges Offline amidst $57 Million Crypto Withdrawal Mystery
2024-02-27T09:51:31.395+02:00
The shutdown amid the withdrawal mystery echoes past Japanese regulatory warnings.
In September 2023, the firm ranked among the top global exchanges, trading $2.6 billion daily.
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CryptoCurrency
Binance Faces Regulatory Scrutiny in Nigeria amid Calls for Crypto Ban
2024-02-22T12:22:14.068+02:00
Crypto users in Nigeria struggle accessing exchanges' websites like Binance and OctaFX.
Binance's P2P platform has imposed limits on USDT sales, causing trading issues for users.
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CryptoCurrency
Texas Crypto Company Lejilex Throws Down Gauntlet against SEC
2024-02-22T09:34:59.814+02:00
Last year, the company aimed to list digital assets, including those contested by Coinbase and Binance.
Previous rulings on Ripple Labs and Terraform Labs did not address the applicability of the doctrine to crypto.
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CryptoCurrency
Tyr Capital Faces Client Dispute over Exposure to FTX's Bankruptcy
2024-02-20T11:40:23.858+02:00
The $22 million claim from a client confronts the firm as it pursues asset recovery.
The entity withdrew assets from FTX on the day of its bankruptcy filing.
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CryptoCurrency
From AllianceBlock to Nexera: A Shift towards Digital Asset Community Growth
2024-02-19T17:19:33.914+02:00
By 2030, approximately 10% of global wealth is expected to be tokenized.
The foundation nurtures its ecosystem and enhances the utility of the NXRA token.
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CryptoCurrency
Bonk Goes Mainstream: Revolut's Leap into Meme Coin Adoption
2024-02-15T11:19:52.253+02:00
The learn campaign aims to grow Bonk's user base by 500,000 individuals.
Six out of twelve council members voted in favor with no opposing votes.
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CryptoCurrency
Crypto Finance Clinches Four BaFin Licenses Strengthening Institutional Services
2024-02-12T12:19:18.130+02:00
The licenses cover regulated digital asset trading, settlement, and custody services.
BaFin has expedited the licensing process for crypto custody services recently.
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CryptoCurrency
SEC Targets Former Zipmex Thailand CEO amid Fraud Allegations
2024-02-08T14:04:31.788+02:00
The firm is accused of providing false statements regarding customer asset management.
Earlier, the firm was ordered to halt digital asset services due to unresolved issues.
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CryptoCurrency
Bakkt Runs Low on Cash: Raises Concerns on Its Existence
2024-02-08T08:16:21.945+02:00
With the expected burn rate, it might not be able to survive the next 12 months.
A Bakkt spokesperson confirmed the company’s plans to sell $150 million of securities.
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CryptoCurrency
FSC Implements New Legislation for Crypto Market in South Korea
2024-02-07T12:33:07.003+02:00
New act imposes severe penalties: prison terms over one year, fines 3-5 times of illegal profits.
Individuals who accumulate over $3.8 million from illicit crypto schemes could face life sentences.
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CryptoCurrency
Crossover and Ouinex Collaborate for Crypto Market Advancements
2024-02-06T16:32:55.407+02:00
The integration of CROSSx ECN technology marks a development in the crypto sphere.
Earlier, Ouinex secured its VASP registration from the KNF.
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Brokers
Exclusive: Crypto CFDs Volume on Axi Nears AU$12 Billion in January
2024-01-31T15:40:00.000+02:00
The broker handled 70,000 traders per month when the Bitcoin ETF effect was at its peak.
Brokers usually keep crypto CFDs volumes under wraps.
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CryptoCurrency
'HyperFund': US Authorities Bust $1.9 Billion Crypto Ponzi Scheme
2024-01-30T07:06:08.200+02:00
The founder and promoters are facing both civil and criminal charges.
The scheme offered guaranteed high returns but had no real revenue source.
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Arnab Shome
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Retail FX
eToro to Restrict Crypto CFDs Trading in France and Australia
2024-01-26T12:44:08.139+02:00
The broker asked the traders to close their non-leveraged crypto CFDs long position before the February deadline.
However, it will continue to allow non-leveraged long positions with DASH and ZCASH CFDs in France.
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CryptoCurrency
North Korean Hackers Break Records with $1 Billion Cryptocurrency Theft
2024-01-25T12:42:22.176+02:00
Hackers carried out a record-breaking 20 attacks, the highest since 2016.
$428.8 million was stolen from DeFi platforms, marking a decrease from previous years.
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CryptoCurrency
Binance Founder's Travel Plea Denied despite $4.5 Billion Security Offer
2024-01-25T11:40:23.903+02:00
The lawyers formally requested permission for him to travel to Abu Dhabi on January 4.
The judge, citing his immense wealth and ties to the UAE, deemed him a significant flight risk.
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CryptoCurrency
Crypto Shines at Davos as ETF Approval Attracts More Fiat Capital
2024-01-19T15:40:00.000+02:00
Stablecoins have been a talking point at Davos 2024, while Jamie Dimon voiced BTC skepticism.
AI has been prominent, while crypto appears increasingly integrated with traditional finance.
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CryptoCurrency
SEC Delays Fidelity's Ether ETFs, Direxion Steps into Bitcoin Arena
2024-01-19T12:27:10.525+02:00
The SEC delays Fidelity's Ether ETF decision to March 5, 2024, for further evaluation.
Industry opinions differ on the likelihood of the SEC's approval for spot Ether ETFs.
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CryptoCurrency
Bayern Munich Scores Big in Crypto with Bitpanda Partnership Kickoff
2024-01-12T20:24:26.427+02:00
The collaboration was unveiled at Bayern's Allianz Arena during a match.
The firm sponsored the Italian Rugby Federation, Madrid Open Tennis, and the World Padel Tour.
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CryptoCurrency
SEC Escalates Ripple Legal Battle, Demands Financial Documents
2024-01-12T11:49:29.172+02:00
The regulator has pushed the firm to disclose proceeds from institutional sales.
The firm admits $729M pre-complaint profits, pledges compliance, and disputes court injunction.
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CryptoCurrency
Spot Bitcoin ETFs: Which Offers the Lowest Fees?
2024-01-11T16:11:27.177+02:00
Issuers compete on fees, anticipating a $50-$100 billion influx into these new crypto funds.
Check out Finance Magnates' infographic comparing the Bitcoin spot ETFs.
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CryptoCurrency
BlackRock Ignites Fee Wars with 0.30% for Bitcoin ETF Entry
2024-01-08T14:25:40.115+02:00
Firm's fee for its Bitcoin Trust beats rivals like Valkyrie (0.80%) and Fidelity (0.39%).
The announcement has added to the growing anticipation for the upcoming investment vehicles.
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