Cryptocoins News / Finance Magnates - 2 years ago
Nansen, a
blockchain analytics platform, has announced a significant restructuring plan,
which includes reducing its staff by 30%. The company's Chief Executive Officer
(CEO), Alex Svanevik, revealed the news in a memo shared via social media,
expres...
Cryptocoins News / Finance Magnates - 2 years ago
Bybit has become the latest cryptocurrency exchange to announce its exit from the Canadian market due to the country's recent regulatory requirements for the industry. The exchange's exit will be made in phases, starting today (Wednesday).
"It has al...
Cryptocoins News / Finance Magnates - 2 years ago
Bybit has become the latest cryptocurrency exchange to announce its exit from the Canadian market due to the country's recent regulatory requirements for the industry. The exchange's exit will be in phases, starting today (Wednesday).
"It has always...
Cryptocoins News / Finance Magnates - 2 years ago
A former
Product Manager at Coinbase, Ishan Wahi and his brother Nikhil Wahi, have settled
charges of insider dealing brought against them by the US securities regulator.
They both agreed to give up illegal profit gained from their scheme and pay pr...
Cryptocoins News / Finance Magnates - 2 years ago
Tether is investing in renewable energy production in
Uruguay for the mining of Bitcoin in the South American country, the company
announced on Tuesday. In addition, the issuer of USDT stablecoin is recruiting experts
in the energy sector in the regi...
Cryptocoins News / Finance Magnates - 2 years ago
Ahead of
Japan's strict crypto monitoring regime starting in June, the cryptocurrency exchange bitFlyer has
adopted tougher anti-money laundering (AML) rules for digital asset
transactions. The measures are in line with the global financial watchdog...
Cryptocoins News / Finance Magnates - 2 years ago
Australian
investors' concerns about the future of their positions have led to Bitcoin
(BTC) on Binance Australia being sold at a significant discount compared to
competing platforms operating in the country. According to data released on Tuesday, a...
Cryptocoins News / Finance Magnates - 2 years ago
The Russian government has abandoned its plan to establish a national cryptocurrency exchange. Instead, the country now wants to set up rules to regulate cryptocurrency exchanges, according to the local news agency Izvestia, which cited State Duma me...
Cryptocoins News / Finance Magnates - 2 years ago
Cryptocurrency
exchange BKEX has frozen customer withdrawal on its platform to cooperate with
police investigation into alleged money laundering by some of its
users. The exchange on Monday said it decided to halt withdrawal in order to
aid authorit...
Cryptocoins News / Finance Magnates - 2 years ago
The cryptocurrency
exchange BKEX has frozen customer withdrawals on its platform to cooperate with a police investigation into alleged money laundering involving its users' funds. On Monday, the exchange said it decided to halt withdrawals in order...
Cryptocoins News / Finance Magnates - 2 years ago
The cryptocurrency exchange CoinEX has launched a digital asset trading platform
for its users in Hong Kong. Dubbed BitHK, the
platform, which seeks to apply for a Virtual Asset Service Provider (VASP)
license from the Securities and Futures Commissi...
Cryptocoins News / Finance Magnates - 2 years ago
Bybit, a cryptocurrency derivatives exchange, has been issued an 'in-principle' license by the regulators in Kazakhstan, according to a press release shared
with Finance Magnates on Monday.The license, issued by
Astana Financial Services Authority (A...
Cryptocoins News / Finance Magnates - 2 years ago
The
investment firm Temasek Holdings Pte, which invested $275 million in the cryptocurrency
exchange FTX, announced at the beginning of the week that it has reduced the
remuneration of the investment team and executive management responsible for
th...
Cryptocoins News / Finance Magnates - 2 years ago
OKX, the
world’s second-largest crypto exchange by trading volume, published
its seventh monthly Proof of Reserves (PoR) report on Monday, showing $10 billion in collateral
for Bitcoin (BTC), Ethereum (ETH) and Tether (USDT).OKX Reports Increasing R...
Cryptocoins News / Finance Magnates - 2 years ago
Binance,
the leading cryptocurrency exchange and blockchain platform, has announced a
significant transition for its Japan-based customers to a new locally
compliant platform. Starting from 26 May 2023, residents of Japan are prohibited from creating...
Cryptocoins News / Finance Magnates - 2 years ago
Gulf
Binance, a joint venture firm between Binance and Gulf Innova, has obtained a
digital asset operator license from Thailand’s Ministry of Finance. Gulf Innova
is a subsidiary of Gulf Energy Development which operates the firm’s digital business....
Cryptocoins News / Finance Magnates - 2 years ago
Cryptocurrency exchange Bitfinex never made public
a confidential report that found its security lapses responsible for over 119,000
bitcoins stolen from the platform in August 2016, the Organized Crime and
Corruption Reporting Project (OCCRP) report...
Cryptocoins News / Finance Magnates - 2 years ago
Two established crypto exchanges, Bitpanda and Coinbase, have entered a mutually beneficial partnership. Coinbase will use Bitpanda Technology Solutions to offer services to institutional clients outside of the United States, while Bitpanda will add...
Cryptocoins News / Finance Magnates - 2 years ago
Earlier in
the week, it seemed that the Winklevoss brothers' crypto exchange, Gemini,
would move its headquarters to England. On
Thursday, Cameron Winklevoss indeed confirmed that due to regulatory
turmoil in the US, their platform is seeking a safe...
Cryptocoins News / Finance Magnates - 2 years ago
Digital Currency Group (DCG) will shutter its trade execution and prime brokerage subsidiary, TradeBlock, citing the concerns of the broader economy and regulatory uncertainties in the United States. It will initiate the close-down process on 31 May,...
Cryptocoins News / Finance Magnates - 2 years ago
The emergence of Web3, an evolving vision of the internet built on
decentralized technologies such as blockchain, is set to revolutionize the way
financial data flows between institutions and customers. This paradigm shift
has profound implications f...
Cryptocoins News / Finance Magnates - 2 years ago
The energy
industry is not an exception to how blockchain technology has emerged as a
game-changer in different industries. Blockchain technology offers creative
approaches to encourage transparency, efficiency, and decentralized energy
systems in re...
Cryptocoins News / Finance Magnates - 2 years ago
Celsius
Network, the digital asset lender that filed for bankruptcy
protection in July
last year, has selected Fahrenheit’s bid to restart the business under a new
name, NewCo. Fahrenheit is a group of investors that includes Bitcoin
mining company,...
Cryptocoins News / Finance Magnates - 2 years ago
The San Francisco-based blockchain company, Ripple has taken an undisclosed minority stake in the cryptocurrency exchange, Bitstamp in the first quarter of this year, according to the latest transcript of Galaxy Digital’s shareholder conference call....
Cryptocoins News / Finance Magnates - 2 years ago
Cameron and
Tyler Winklevoss, billionaire twins known for alleging that Mark Zuckerberg
stole their idea for the creation of Facebook, are planning to move their
cryptocurrency business from the United States to another location. Citing
'hostile' con...