Cryptocoins News / Finance Magnates - 1 day 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 - 1 day 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 - 1 day 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 - 2 days 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 - 2 days 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...
Cryptocoins News / Finance Magnates - 2 days ago
Vanguard Group has revised its long-held policy on digital assets and will now allow trading of cryptocurrency ETFs on its platform. The shift marks a departure from the company’s previous public stance, which characterised crypto as excessively spec...
Cryptocoins News / Finance Magnates - 2 days ago
Bitnomial, a Chicago-based derivatives exchange, has received approval to offer spot cryptocurrency trading directly under the supervision of the Commodity Futures Trading Commission (CFTC). The move marks the first time that U.S. retail traders can...
Cryptocoins News / Finance Magnates - 3 days ago
Authorities across Europe have shut down a crypto-mixing service “Cryptomixer,” allegedly used by cybercriminals to launder Bitcoin. They seized millions in crypto, critical servers, and terabytes of data. Law enforcement agencies from Switzerland a...
Cryptocoins News / Finance Magnates - 3 days ago
After touching more than $126,000 in October, Bitcoin plunges below $86,000 in early December, a sobering wake-up call for investors betting on a perpetual bull runThe Drop: What Happened?It did not go quietly. In early Asian trading on Monday Decem...
Cryptocoins News / Finance Magnates - 5 days ago
The U.K. is preparing to tighten the net around hidden crypto profits, setting the stage for a sweeping tax enforcement regime that will rely on detailed trading data collected directly from cryptocurrency exchanges. UK Sets Start Date for Mandatory...
Cryptocoins News / Finance Magnates - 6 days ago
KuCoin’s European unit has received a Markets in Crypto-Assets Regulation license in Austria. The approval, granted to KuCoin EU Exchange GmbH, allows the company to offer regulated crypto services across 29 countries in the European Economic Area, e...
Cryptocoins News / Finance Magnates - 6 days ago
The International Monetary Fund published an explanatory video on X today examining tokenized markets, outlining potential advantages while also cautioning about risks.Crypto tokens linked to traditional financial assets may pose new risks for invest...
Cryptocoins News / Finance Magnates - 6 days ago
AI models are starting to use live financial data, kicking off a race to become their main supplier. Crypto firms are already taking the early lead. Crypto.com’s new service sends its real-time market data straight into AI models like Claude an...
Cryptocoins News / Finance Magnates - 6 days ago
South Korea is preparing to expand its anti-money laundering rules for cryptocurrency transactions. The government will extend the crypto Travel Rule to cover transfers below 1 million won, or about $680.The move follows the adoption of the Virtual A...
Cryptocoins News / Finance Magnates - 6 days ago
Poland’s parliament has approved a long-awaited bill to regulate the domestic cryptoasset market. However, the legislation has not yet been signed by President Karol Nawrocki. In a new open letter, XTB urged him to do so, noting an 11-month delay in...
Cryptocoins News / Finance Magnates - 6 days ago
Do Kwon, the co-founder of Terraform Labs, is asking a US court to limit his prison term to five years for his role in the dramatic collapse of the TerraUSD stablecoin, which wiped out $40 billion in 2022. Kwon’s request comes ahead of his December s...
Cryptocoins News / Finance Magnates - 1 week ago
Upbit, South Korea's dominant cryptocurrency exchange, suffered unauthorized withdrawals totaling approximately $36.9 million (54 billion won) early Thursday morning, marking the second time the platform has been breached on November 27.The exchange...
Cryptocoins News / Finance Magnates - 1 week ago
Binance has launched Binance Prestige, a service aimed at traditional finance investors entering the cryptocurrency market. The service is intended to support family offices, private funds, and other asset allocators with onboarding, fiat services, f...
Cryptocoins News / Finance Magnates - 1 week ago
Kraken has begun a phased rollout of the Krak Card, introducing a new spending product that offers 1% cash-back rewards and supports payments using multiple asset balances. The launch is part of an expansion of features in the Krak app, including sal...
Cryptocoins News / Finance Magnates - 1 week ago
A new federal lawsuit has accused Binance of enabling Hamas-linked payments in the years leading up to the October 7, 2023, attack in Israel, placing fresh pressure on the world’s largest crypto exchange and its founder Changpeng Zhao.Digital assets...
Cryptocoins News / Finance Magnates - 1 week ago
Thailand-based digital assets exchange Bitkub is exploring an initial public offering in Hong Kong, people familiar with the matter told Bloomberg. The exchange may aim to raise about $200 million, possibly next year, the sources said, adding that di...
Cryptocoins News / Finance Magnates - 1 week ago
Crypto.com has activated Google Pay support for all UK-issued Crypto.com Visa cards, giving users the ability to make tap-to-pay purchases with their Android devices across any merchant that accepts Visa or Google Pay.Digital assets meet tradfi in Lo...
Cryptocoins News / Finance Magnates - 1 week ago
The Singapore Exchange (SGX) has partnered with global financial services firm Marex to launch regulated perpetual futures for Bitcoin and Ethereum, aiming to capture a portion of the large offshore crypto derivatives market and shift some of that ac...
Cryptocoins News / Finance Magnates - 1 week ago
As Bitcoin suffers one of its steepest monthly pullbacks this year, Binance CEO Richard Teng spent Friday reflecting on the market’s health. But a different question dominated the room: what happens next with Changpeng “CZ” Zhao following his preside...
Cryptocoins News / Finance Magnates - 1 week ago
Web3 infrastructure project VerifiedX has enlisted major exchange Crypto.com to provide institutional-grade custody and liquidity for $1.5 billion in digital assets. The deal highlights a fundamental trend in the digital-asset space. Although Verifi...
