Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal text-align-justify">Galaxy Digital, a digital asset financial services firm, says it has started the process of withdrawing $47.5 million from its $76.8 million exposure in cash and digital assets to the embattled...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The crypto world may have spent the whole of 2022 in bear market conditions, but there has been plenty of drama, and as we approach the year-end, another engrossing story unfolded. </p><p> Events around crypto exchanges FTX and B...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">Finance Magnates Group, a leading multi-asset trading news, research, and events company, is poised to kick off its annual London Summit (FMLS) on November 21-23 at Old Billingsgate. Now in its 10th year, FMLS has...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">The share price of NASDAQ-listed zero-free trading app Robinhood (<a href="https://www.financemagnates.com/tag/robinhood/">ticker:HOOD</a>) fell 19% on Tuesday after information that Binance,...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">UBS AG (<a href="https://www.financemagnates.com/tag/ubs/" target="_blank">NYSE:UBS</a>), a Swiss financial company headquartered in Zurich, priced the first digital bond in the his...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Germany's financial market regulator ordered the local unit of <a href="https://www.financemagnates.com/tag/coinbase/" target="_blank">Coinbase </a>to ensure "proper business organization" follo...
Cryptocoins News / Finance Magnates - 2 years ago
<p>London-based Archax, an institutional digital asset platform, announced the closure of its Series A funding round on Tuesday, raising $28.5 million. It will utilize the proceeds to scale up the launch of products and services.</p><...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal text-align-justify">The cryptocurrency exchange, Binance has agreed to fully acquire the Sam Bankman-Fried-owned cryptocurrency exchange, FTX, following liquidity issues.</p><p class="MsoNormal text-a...
Cryptocoins News / Finance Magnates - 2 years ago
<p> The Australian Securities and Exchange Commission (<a href="https://www.financemagnates.com/terms/a/asic/" target="_blank" id="dfb41d67-b79e-4b09-b365-1f341b85a51b_1" class="terms__main-term">A...
Cryptocoins News / Finance Magnates - 2 years ago
<p>The United States law enforcement authorities have seized over 50,676 Bitcoins that were stolen from the notorious dark web marketplace, <a href="https://www.financemagnates.com/institutional-forex/brokerage/the-silk-road-and-its-sec...
Cryptocoins News / Finance Magnates - 2 years ago
<p>How do you discuss, let alone regulate, crypto, if you can't clearly define it? As the crypto experiment surges on, it eviscerates existing categorizations, because it sprawls across boxes, not quite fitting into any single one, occupyi...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">Coinmetro, an Estonian-headquartered digital currency <a href="https://www.financemagnates.com/terms/e/exchange/" target="_blank" id="b5da6e64-2afe-421d-9b81-16404b7d59d6_1" class=...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">Gate.io, digital asset services provider, launched a new crypto-based payment solution dubbed Gate Pay on Monday. The new service currently supports 21 cryptocurrency assets, but the <a href="https://www.f...
Cryptocoins News / Finance Magnates - 2 years ago
<p> The US <a href="https://www.financemagnates.com/terms/s/securities-and-exchange-commission-sec/" target="_blank" id="3718b4df-fc5f-479a-861e-f52759439c15_1" class="terms__main-term">Securities...
Cryptocoins News / Finance Magnates - 2 years ago
<p>According to blockchain analytics company Dune Analytics statistics, the market for Non-Fungible Tokens (NFTs) plummeted from its peak of $17 billion in early 2022 to $470 million in September 2022, which is a staggering decline of 97%. Whil...
Cryptocoins News / Finance Magnates - 2 years ago
<p>While 2021 was considered the golden year for crypto, 2022 wasn’t as kind. Major cryptocurrencies lost over 50% of their value throughout this year during the bear market. Now, it’s hard to imagine that at this time in 2021, Bitcoin was soar...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Bakkt Holdings (NYSE: BKKT), the cryptocurrency subsidiary of Intercontinental Exchange, is aiming to bolster its cryptocurrency and expand into other areas like <a href="https://www.financemagnates.com/terms/f/fintech/" target=...
Cryptocoins News / Finance Magnates - 2 years ago
<p>Coinbase (Nasdaq: COIN) published its financials for the third quarter of 2022, reporting net revenue of $576 million. The figure dropped by more than 28 percent from the previous quarter and 53 percent from Q3 2021.</p><p>The &l...
Cryptocoins News / Finance Magnates - 2 years ago
<p> Robinhood, a major US commission-free stock trading and investing app, reported a net loss of $175 million during the third quarter of 2022. Although the company's transaction-based revenues increased slightly, the cryptocurrency sect...
Cryptocoins News / Finance Magnates - 2 years ago
<p> The Australian Securities and <a href="https://www.financemagnates.com/terms/e/exchange/" target="_blank" id="b5da6e64-2afe-421d-9b81-16404b7d59d6_1" class="terms__main-term">Exchange</a>...
Cryptocoins News / Finance Magnates - 2 years ago
<p>There was a point in late 2021 when what’s referred to as the metaverse was driving a lot of online discussions and affecting cryptocurrencies. This was around the time that Facebook (the parent company of the social media platform, rather t...
Cryptocoins News / Finance Magnates - 2 years ago
<p> MoneyGram International (<a href="https://www.financemagnates.com/tag/moneygram/" target="_blank">NQ:MGI</a>), one of the leading global financial services providers, unveiled a new cryptocurrency service ye...
Cryptocoins News / Finance Magnates - 2 years ago
<p> Paxos, a cryptocurrency trading and custody platform, announced on Wednesday that Paxos Global Pte Ltd had acquired a license from the Monetary Authority of Singapore (MAS). Under the new license, <a href="https://www.financemagnat...
Cryptocoins News / Finance Magnates - 2 years ago
<p class="MsoNormal">LMAX Group, the operator of multiple institutional execution venues for forex and cryptocurrency trading, saw record performance during its fiscal year that ended on 31 December 2021.</p><p class="Ms...
Cryptocoins News / Finance Magnates - 2 years ago
<p> The Dubai Financial Services Authority (<a href="https://www.financemagnates.com/tag/dfsa/">DFSA</a>) announced its initial list of 'Recognised Crypto Tokens' on Tuesday, changing its current regulatory regi...
