Cryptocoins News / Finance Magnates - 1 month ago
The authorities in Montenegro released the Co-Founder of Terraform Labs, Do Kwon, from prison last Saturday as his extradition to South Korea was scrapped by the country's Supreme Court, according to a Bloomberg report. However, he cannot leave Monte...
Cryptocoins News / Finance Magnates - 1 month ago
N26 has launched N26 Crypto, a new cryptocurrency trading
product aimed at optimizing the customer experience in France. This latest
offering enables N26 customers in France to invest in over 200 cryptocurrencies
directly through the N26 application....
Cryptocoins News / Finance Magnates - 1 month ago
The extradition of Terraform Labs’ Co-Founder, Do Kwon, to South Korea has hit a roadblock as Montenegro’s Office of the Supreme State Prosecutor challenged against the court order yesterday (Thursday).Another Twist in Do Kwon’s ExtraditionThe countr...
Cryptocoins News / Finance Magnates - 1 month ago
Hut 8's investors who incurred significant losses due to alleged securities fraud have the opportunity to lead a class action lawsuit against the firm. The period in question spans from November 9, 2023, to
January 18, 2024, during which Hut 8 Corp....
Cryptocoins News / Finance Magnates - 1 month ago
Non-fungible tokens (NFTs) are unique
digital assets that can represent anything from art and music to virtual land
and gaming items. They have exploded in popularity and value in recent years,
attracting the attention of celebrities, investors, and...
Cryptocoins News / Finance Magnates - 1 month ago
Cryptocurrency is simply digital currency, an online medium
of exchange via blockchain technology. It’s encrypted , immutable, and decentralized. According to Statista, the global cryptocurrency market
could grow from $51.5 billion in 2024 to $71.7 b...
Cryptocoins News / Finance Magnates - 1 month ago
OKX, the second largest crypto exchange in terms of trading volume, is shutting down its services in India due to local regulatory hurdles. The exchange has notified its users in the country to close their accounts and redeem funds before April 30.OK...
Cryptocoins News / Finance Magnates - 1 month ago
The
Australian Securities and Investments Commission (ASIC) has permanently banned
Brian Jacques Creigh, the Director of Panacea Capital Pty Ltd, from providing
financial services or being involved in any financial services business. The
decision com...
Cryptocoins News / Finance Magnates - 1 month ago
Dogecoin, based on an internet meme, is receiving a mainstream boost as Coinbase Derivatives plan to list futures of the meme coin on April 1. Alongside Dogecoin, the cryptocurrency exchange will enable futures trading with Litecoin and Bitcoin Cash....
Cryptocoins News / Finance Magnates - 1 month ago
A court in the Balkan country of Montenegro has rejected the appeal of cryptocurrency firm Terraform Labs’ Co-Founder, Do Kwon, to block his extradition to South Korea. This decision has sealed the transfer of custody of Kwon to authorities in South...
Cryptocoins News / Finance Magnates - 1 month ago
Robinhood has announced the official launch of its
cryptocurrency wallet for Android users. This move is set to broaden access to
digital currencies for millions of potential users globally. The expansion to
Android comes approximately a year after t...
Cryptocoins News / Finance Magnates - 1 month ago
The crypto exchange Kraken has unveiled a digital assets custody solution for institutional investors in the United States. This new
service is offered under Kraken Financial, the state-chartered bank of the
crypto exchange based in Wyoming.Kraken Fi...
Cryptocoins News / Finance Magnates - 1 month ago
The Lithuania-licensed crypto bank Meld plans to offer
real-world assets in partnership with the decentralized finance (DeFi) platform Swarm
Markets. This offering, which targets retail crypto investors, aims to
democratize access to traditional asse...
Cryptocoins News / Finance Magnates - 1 month ago
The crypto exchange Coinbase has received support from various
groups as it challenges the US Securities and Exchange Commission (SEC) to
develop specific regulations for the digital assets market. The lack of a clear
regulatory framework in the US h...
Cryptocoins News / Finance Magnates - 1 month ago
Genesis Global Capital, LLC has agreed to a $21
million penalty to settle charges brought against the firm by the Securities
and Exchange Commission (SEC). This matter involves allegations by the
regulator that the crypto lending platform offered unr...
Cryptocoins News / Finance Magnates - 1 month ago
In an unprecedented move, a US federal judge yesterday (Monday) issued a sanctions order against the Securities and Exchange Commission (SEC) for its inappropriate actions against DEBT Box, a Utah-based crypto company, calling the regulator’s actions...
Cryptocoins News / Finance Magnates - 1 month ago
A federal court in Nigeria has ordered Binance to disclose the data or information of all persons on its platform from the country to the Economic and Financial Crimes Commission (EFCC). The interim order by Justice Emeka Nwite came with the ruling o...
Cryptocoins News / Finance Magnates - 1 month ago
Zodia Custody (HK) has been granted a Trust
or Company Service Provider (TCSP) License in Hong Kong. This license,
supported by Standard Chartered, represents a pivotal moment for the
institution-first provider of digital asset custody solutions.Meet...
Cryptocoins News / Finance Magnates - 1 month ago
The top cryptocurrency exchange Binance has spun off
its venture capital arm, Binance Labs, with a valuation of $10 billion. This
move, orchestrated under the leadership of the exchange's new CEO, Richard
Teng, marks a notable shift in the company's...
Cryptocoins News / Finance Magnates - 1 month ago
The Securities and Exchange Commission (SEC) is facing
pressure from Congress to halt the approval of new cryptocurrency
exchange-traded products (ETPs) due to concerns about risks posed to retail
investors. According to a letter written to the regul...
Cryptocoins News / Finance Magnates - 1 month ago
The Securities and Futures Commission (SFC) has issued a warning
to the public regarding a purported virtual asset trading platform (VATP)
operating under the name "MEXC."MEXC's Unauthorized Operations Highlight Regulatory
BreachThe SFC's caution com...
Cryptocoins News / Finance Magnates - 1 month ago
TradingView, a platform for financial analysis and trading,
has announced a collaboration with QuickSwap, a decentralized exchange and DeFi
ecosystem operating on Polygon. This collaboration aims to enhance the trading
experience on QuickSwap's decen...
Cryptocoins News / Finance Magnates - 1 month ago
Hong Kong's Securities and Futures Commission (SFC)
has warned investors about Bybit and several of its
offerings. The SFC highlighted the cryptocurrency exchange's lack of licensing,
cautioning investors about the risks of engaging with the firm. T...
Cryptocoins News / Finance Magnates - 1 month ago
South Africa is planning to license approximately 60
cryptocurrency platforms by the end of March. According to a report by
Bloomberg, this initiative by the Financial Sector Conduct Authority (FSCA)
underscores the nation's proactive approach toward...
Cryptocoins News / Finance Magnates - 1 month ago
Amidst Nigeria's economic struggles, marked by currency
devaluation, a tense confrontation has arisen between the government and the cryptocurrency platform Binance. The situation escalated with the detention of
two senior Binance executives, Nadeem...