Cryptocoins News / Finance Magnates - 1 week ago
xStocks has launched its tokenized equities on the TON blockchain, enabling Telegram users to buy and trade fully collateralized versions of U.S. stocks and ETFs directly through the platform’s integrated TON Wallet. The move expands onchain access t...
Cryptocoins News / Finance Magnates - 2 weeks ago
Coinbase is entering the prediction markets business through a partnership with specialist exchange Kalshi. The move marks another step away from a crypto-only model toward a broader, multi-asset ecosystem, reflecting a wider industry shift toward al...
Cryptocoins News / Finance Magnates - 2 weeks ago
Kraken’s xStocks, which tokenizes real-world equities, is expanding its partnership with Alpaca. The acquisition follows recent announcement by the crypto exchange that it had agreed to acquire Backed Finance, the firm behind the issuance of xStocks....
Cryptocoins News / Finance Magnates - 2 weeks ago
SBI Holdings and Startale Group team up to develop a fully regulated yen-denominated stablecoin for global settlement. The initiative aims to bridge traditional finance and blockchain-based payments, positioning Japan to challenge dollar dominance in...
Cryptocoins News / Finance Magnates - 2 weeks ago
Gemini started offering prediction markets across the United States this week, capping a five-year effort to secure federal approval and entering a sector that has drawn billions in trading volume this year.Gemini Launches Prediction Markets Nationwi...
Cryptocoins News / Finance Magnates - 2 weeks ago
The UK is preparing to regulate the cryptocurrency sector under the supervision of the Financial Conduct Authority. The government aims to introduce consumer protections that are currently missing in the industry, according to The Guardian. Officials...
Cryptocoins News / Finance Magnates - 2 weeks ago
A newly discovered loophole in one of the web’s most used development tools is giving hackers a new way to drain cryptocurrency wallets. Cybersecurity researchers have reported a surge in malicious code uploaded to legitimate websites through a vulne...
Cryptocoins News / Finance Magnates - 2 weeks ago
A US court yesterday (Thursday) sentenced Do Kwon, the co-founder of Terraform Labs, to 15 years in prison after he pleaded guilty to wire fraud and conspiracy to defraud investors. The collapse of Terraform Labs wiped out $40 billion in investors’ m...
Cryptocoins News / Finance Magnates - 2 weeks ago
Belarus has begun blocking access to several of the world’s largest cryptocurrency exchanges, including Bybit, OKX, BingX, and Bitget, according to data from BelGIE, the country’s central internet-filtering authority. The measure, carried out “based...
Cryptocoins News / Finance Magnates - 3 weeks ago
After five years seeking a Commodity Futures Trading Commission (CFTC) license, Gemini can now compete directly with established rivals Kalshi and Polymarket. Gemini first applied for a Designated Contract Market (DCM) license in March 2020, though...
Cryptocoins News / Finance Magnates - 3 weeks ago
Hundreds of Bitcoin wallets tied to the defunct Silk Road darknet marketplace have suddenly reactivated, sending about $3.14 million in BTC to a newly created address in their largest move in years. Blockchain data provider Arkham reports that the tr...
Cryptocoins News / Finance Magnates - 3 weeks ago
Ripple’s recent $500 million share sale attracted top Wall Street investors, but its structure showed just how carefully traditional finance now treads in digital assets.Citadel Securities, Fortress Investment Group, Marshall Wace, Brevan Howard, Gal...
Cryptocoins News / Finance Magnates - 3 weeks ago
The US Securities and Exchange Commission has closed its investigation into the New York-based tokenization platform Ondo Finance. The probe began in 2023 and ended without any charges.Separately, Ondo received Liechtenstein approval last month to of...
Cryptocoins News / Finance Magnates - 3 weeks ago
Kraken has partnered with Avelacom to give institutional clients faster access to its trading systems, aiming to appeal to firms using latency-sensitive strategies in digital asset markets.The deal connects Avelacom’s network directly to Kraken’s mat...
Cryptocoins News / Finance Magnates - 3 weeks ago
The European authorities have taken down a cryptocurrency fraud and money laundering network that is believed to have laundered over 700 million euros. Multiple European agencies collaborated in the two-phase operation, which led to the arrest of nin...
Cryptocoins News / Finance Magnates - 3 weeks ago
Binance has named co-founder Yi He as co-chief executive, creating a dual leadership with Richard Teng, the regulator-turned-CEO. The appointment shows that Binance is changing how it distributes authority at the top. Richard Teng, a former regulator...
Cryptocoins News / Finance Magnates - 3 weeks ago
Acting CFTC Chairman Caroline D. Pham announced that listed spot cryptocurrency products will begin trading for the first time on CFTC-registered futures exchanges, marking a major shift in how Americans can access leveraged crypto exposure. The move...
Cryptocoins News / Finance Magnates - 3 weeks ago
Kraken has expanded its services in Colombia with the activation of local payment rails. The move allows clients to deposit Colombian pesos directly using domestic payment methods. Deposits are automatically converted to US dollars at transparent exc...
Cryptocoins News / Finance Magnates - 3 weeks ago
Kraken and Deutsche Börse Group have partnered to turn fragmented crypto, FX and derivatives markets into a single, institutional-grade access point. The deal combines an established exchange operator and a long-running crypto venue in a bid to make...
Cryptocoins News / Finance Magnates - 4 weeks ago
Ilies Larbi, a long-time FX industry veteran, is set to unveil Ouinex today (Thursday) in a closed-door launch to its community, FinanceMagnates.com has learned. The new crypto exchange aims to merge professional-grade trading infrastructure with a u...
Cryptocoins News / Finance Magnates - 4 weeks ago
Binance has launched a new product called Binance Junior. The app is designed for users aged six to 17. It operates under full parental control. The launch triggered debate across social media.Some users criticized the move. One said Binance was “tar...
Cryptocoins News / Finance Magnates - 4 weeks ago
Tokenized reinsurance has often been described as the next major Real World Asset adoption frontier, and with due reason. As a whole, tokenized reinsurance unlocks an untapped asset class for decentralized finance, offering uncorrelated, premium-base...
Cryptocoins News / Finance Magnates - 4 weeks ago
Kraken has enabled around-the-clock trading for its tokenized stocks, a move that leverages its crypto infrastructure to directly challenge the traditional Monday-to-Friday, 9-to-5 operating hours of legacy stock exchanges like the NYSE and Nasdaq....
Cryptocoins News / Finance Magnates - 4 weeks ago
Kraken has agreed to acquire Backed Finance, a platform that issues blockchain-based tokens mirroring real-world securities such as individual stocks and exchange-traded funds. The exchange aims to pull these products closer to the core of its tradin...
Cryptocoins News / Finance Magnates - 4 weeks ago
Changpeng Zhao’s Trust Wallet is rolling out new prediction market features, becoming the latest crypto wallet to enter into the prediction markets. The self-custodial platform, which counts over 220 million users, introduced a predictions section bu...
