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Stats	Has published 3822 posts about cryptocurrency

Dec 03 2022

Crypto Moving towards ESG: What Is Regenerative Finance (ReFi)?

□ Dec 03 2022 □ Published at CryptoCurrency – Finance Magnates | Financial and business news under tags cryptocurrency refi regenerative finance (refi)

Crypto adoption is unrelenting thanks to its decentralized nature, which means there is no single point of control or failure. Cryptocurrency is also global, so it can be used by anyone, anywhere. Additionally, transactions made with cryptocurrency are typically very fast and cheap.

But, it is still relatively new and thus very volatile. And, because crypto is not yet widely accepted, it can be...

Dec 02 2022

Pay Close Attention to NFTs

□ Dec 02 2022 □ Published at CryptoCurrency – Finance Magnates | Financial and business news under tags crypto cryptocurrency ethereum nfts polygon

Can NFTs lead a crypto recovery? It’s a little early to make such a claim, not least because many crypto participants remain convinced that the crash is not yet over and recovery remains distant.

Whether or not such readings are correct will become apparent over the coming weeks and months, but it’s noteworthy that NFT markets have seen a healthy-looking recovery over the...

Coinbase Disables NFT Transfers on iOS App as Apple Wants 30% Cut

□ Dec 02 2022 □ Published at CryptoCurrency – Finance Magnates | Financial and business news under tags apple coinbase cryptocurrency nfts

Coinbase (Nasdaq: COIN) is the latest victim of Apple's stringent payment policy that forced the crypto platform to remove non-fungible token (NFT) transfers from its Wallet app on iOS.

In a tweet on Thursday, Coinbase confirmed that the technology giant blocked its "last app release" until the crypto...

Dec 01 2022

Strange Days in Crypto as Citizen Journalism Takes Over

□ Dec 01 2022 □ Published at CryptoCurrency – Finance Magnates | Financial and business news under tags cryptocurrency ftx sam bankman-fried sec us justice deptartment

Bitcoin and crypto receive significant mainstream coverage as markets are surging to new highs, or, by contrast, when there are catastrophes, collapses and sell-offs.

Currently, the big stories are overwhelmingly negative, but there are some puzzling aspects to recent media coverage, and a stark divide has opened between mainstream media outlets, and, alternative online analysis and citizen journalism.

The story currently at...

Coincheck Labs Supports Web3 Development, Invests in UnUniFi Protocol

□ Dec 01 2022 □ Published at CryptoCurrency – Finance Magnates | Financial and business news under tags blockchain coincheck cryptocurrency investment nft

Coincheck Labs, the accelerator and the venture capital arm of the Coincheck crypto exchange, has invested in UnUniFi Protocol, a Layer-1 blockchain and NFT Finance (NFTFI) service. The value of the financing was not disclosed.

According to the press release published by Coincheck...

Gemini Gains Crypto Licenses in Italy and Greece

□ Dec 01 2022 □ Published at CryptoCurrency – Finance Magnates | Financial and business news under tags cryptocurrency gemini winklevoss

Gemini, the cryptocurrency platform backed by the Winklevoss twins, has received regulatory approval in Italy and Greece, thus continuing its European expansion.

Announced on Wednesday, the crypto platform is now a registered virtual currency operator with Italy's

TP ICAP Gains UK Registration for Institutional Crypto Exchange

□ Dec 01 2022 □ Published at CryptoCurrency – Finance Magnates | Financial and business news under tags cryptocurrency the financial conduct authority (fca) tp icap united-kingdom

TP ICAP’s wholesale exchange for crypto assets, Fusion Digital Assets, has registered with the Financial Conduct Authority (FCA), allowing the platform to operate in the United Kingdom.

Announced on Thursday, TP ICAP is yet to...

Swedish Autostock Adds Valour's Bitcoin ETP to Its Offering

□ Dec 01 2022 □ Published at CryptoCurrency – Finance Magnates | Financial and business news under tags bitcoin crypto cryptocurrency etp

Valour Inc., a fintech firm specializing in decentralized finance and traditional capital markets, said on Thursday that it partnered with Autostock, a

Crypto Market Maker Keyrock Closes $72m Funding

□ Dec 01 2022 □ Published at CryptoCurrency – Finance Magnates | Financial and business news under tags crypto cryptocurrency funding funding round market maker

Keyrock, a crypto market maker company, has successfully closed the Series B funding round led by popular digital assets investors, including SIX Fintech Ventures,

Nov 30 2022

Crypto Exchange Kraken Cuts Global Workforce by 30%

□ Nov 30 2022 □ Published at CryptoCurrency – Finance Magnates | Financial and business news under tags cryptocurrency crypto exchanges kraken mass layoff

Kraken, one of the longest running cryptocurrency exchanges, has shed its global workforce by 30%, firing approximately 1,100 people “in order to adapt to current market conditions.”

The action, which the United States-based crypto exchange announced on Wednesday, comes at a time when some crypto firms based in the country are undergoing bankruptcy proceedings....

SEBA Bank Enters APAC with New Hong Kong Office

□ Nov 30 2022 □ Published at CryptoCurrency – Finance Magnates | Financial and business news under tags cryptocurrency hong kong seba crypto ag

Switzerland-headquartered SEBA Bank AG has expanded its Asian footprint with a new office in Hong Kong by establishing a local subsidiary, SEBA (Hong Kong) Limited.

Announced on Wednesday, the new office is the first physical presence of the Swiss company in the

Binance Acquires 12th License after Acquisition in Japan

□ Nov 30 2022 □ Published at CryptoCurrency – Finance Magnates | Financial and business news under tags binance cryptocurrency jfsa license

Binance, one of the biggest cryptocurrency exchanges in the world, announced on Wednesday it acquired a full stake in Sakura Exchange BitCoin (SEBC), a crypto platform from Tokyo regulated by the Japan Financial Services Agency (JFSA).

According to the press release, the terms of the

CrossTower Taps into Prime Brokerage with New Acquisition, BEQUANT

□ Nov 30 2022 □ Published at CryptoCurrency – Finance Magnates | Financial and business news under tags acquisition crosstower cryptocurency cryptocurrency

CrossTower, a New York-based cryptocurrency exchange, has agreed to acquire BEQUANT, a prime brokerage and digital asset exchange. Neither of the companies disclosed the financial terms of the deal.

Announced on Monday, the closure of...

Nov 29 2022

BlockFi Sues Sam Bankman-Fried over Robinhood Stock Collaterals

□ Nov 29 2022 □ Published at CryptoCurrency – Finance Magnates | Financial and business news under tags blockfi cryptocurrency ftx

BlockFi, which filed for bankruptcy protection on Monday, is taking Sam Bankman- Fried’s Emergent Fidelity Technologies to court for seizing Robinhood shares (HOOD) pledged to the crypto lending platform as collateral.

The lawsuit came only hours after...

Dominica Works with Huobi to Issue National Crypto Token

□ Nov 29 2022 □ Published at CryptoCurrency – Finance Magnates | Financial and business news under tags crypto cryptocurrency huobi web3

The Commonwealth of Dominica, a small island country in the Caribbean, is working on issuing its own national cryptocurrencies, Dominica Coin (DMC), and Digital Identity (DID). The newly created DMC Labs will work on the project's implementation with the Huobi cryptocurrency exchange and the developers of the TRON

Plum Works with Bitpanda, Offers Crypto Investing in the EU

□ Nov 29 2022 □ Published at CryptoCurrency – Finance Magnates | Financial and business news under tags bitpanda crypto cryptocurrency zero-fee

Plum Fintech Limited, a smart money app operator licensed by the Financial Conduct Authority (FCA), has added crypto assets to its investment products line due to the partnership agreement with Bitpanda. Plum with clients from France, Belgium, Ireland and Spain can now buy, hold and sell five of the most popular

Tipping Scale for Crypto Adoption: Usability vs. Accessibility

□ Nov 29 2022 □ Published at CryptoCurrency – Finance Magnates | Financial and business news under tags blockchain crypto crypto assets cryptocurrency defi

One of the biggest problems associated with the crypto ecosystem is low adoption. Despite quite a tremendous growth rate since its inception, just about 300 million people out of a global population of over 7 billion are crypto regulars.

And, hence comes the all-important question. Which of the two...

Kraken Agrees to Pay $362K Fine for Onboarding Users from Iran

□ Nov 29 2022 □ Published at CryptoCurrency – Finance Magnates | Financial and business news under tags cryptocurrency iran kraken

Cryptocurrency exchange Kraken has reached a settlement with the US Treasury Department's Office of Foreign Assets Control (OFAC) for sanctions violation on Iran, agreeing to pay a penalty of $362,159.

Announced on Monday, the penalty on the crypto exchange will settle a potential civil liability for apparent violations of sanctions...

Nov 28 2022

Crypto Lender BlockFi Files for Bankrupty Protection in the US

□ Nov 28 2022 □ Published at CryptoCurrency – Finance Magnates | Financial and business news under tags bankruptcy blockfi cryptocurrency cryptocurrency exchange ftx

BlockFi, a cryptocurrency lending firm founded in 2017, on Monday filed for Chapter 11 bankruptcy protection in New Jersey, United States.

The proceeding also includes eight of the firm’s affiliates, BlockFi said in a statement issued on Monday, adding that its Bermuda subsidiary has also filed a petition before the Supreme Court of Bermuda for the appointment of joint...

Japan’s LINE Shuts Down Crypto Exchange Bitfront, Cites Industry Challenges

□ Nov 28 2022 □ Published at CryptoCurrency – Finance Magnates | Financial and business news under tags bitfront cryptocurrency cryptocurrency exchange digital assets japan

Japanese messaging giant LINE has decided to shut down its Bitfront cryptocurrency exchange and will halt all withdrawals from the platform in March 2023.

Bitfront announced the development on Monday in a statement published on its website, noting the decision “is unrelated to recent issues related to certain...

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