Cryptocoins News / Finance Magnates - 5 hours ago
The initial public offering (IPO) of Gemini, the crypto exchange founded by the Winklevoss twins, has been oversubscribed 20 times, Reuters reported. Further, the exchange and its bankers decided to cap the IPO proceeds at $425 million, which is unus...
Cryptocoins News / Finance Magnates - 20 hours ago
Zodia Custody, backed by Standard Chartered, has ended its Japan joint venture with SBI Holdings two years after launch, Bloomberg reported. The unit, called SBI Zodia Custody, was 51% owned by SBI and 49% by Zodia. Talks with Japan’s Financial Servi...
Cryptocoins News / Finance Magnates - 22 hours ago
Cryptocurrency exchange Kraken has launched a new derivatives product, introducing simplified perpetual contracts it calls “Kraken Perps.” The contracts, now available in select regions to eligible clients worldwide, allow users to speculate on crypt...
Cryptocoins News / Finance Magnates - 1 day ago
Vietnam passed a resolution last Tuesday to allow local companies to operate cryptocurrency trading platforms. The initiative is under a five-year trial, during which cryptocurrencies can be issued, but under strict conditions.Vietnam’s Local Approac...
Cryptocoins News / Finance Magnates - 1 day ago
The U.S. Securities and Exchange Commission (SEC) is preparing a major overhaul of its approach to digital assets, with Chair Paul Atkins declaring that “most crypto tokens are not securities.” The shift marks a move away from enforcement-led oversig...
Cryptocoins News / Finance Magnates - 1 day ago
Institutional investors will now have direct access to decentralized finance through Finery Markets. The multi-asset platform has integrated Yield.xyz, a DeFi yield aggregator, giving clients a simplified way to earn returns on stablecoins and other...
Cryptocoins News / Finance Magnates - 1 day ago
Kyrgyzstan has passed a bill to create a state cryptocurrency reserve and support the digital asset sector. Lawmakers approved amendments to the “On virtual assets” bill in three readings at once, introducing terms such as “state crypto reserve” and...
Cryptocoins News / Finance Magnates - 2 days ago
Kraken has taken a decisive step to expand its footprint in active trading by acquiring Breakout, a crypto-native proprietary trading firm. The deal marks the first time a top-tier exchange has integrated a “prop trading arm” directly into its ecosys...
Cryptocoins News / Finance Magnates - 2 days ago
Crypto exchange Kraken announced today (Tuesday) it has extended its xStocks tokenized equity service to European Union clients, following a phased global rollout that began in late June.The expansion allows eligible EU-based investors to trade digit...
Cryptocoins News / Finance Magnates - 2 days ago
A failed attack on popular Node Package Manager (NPM) libraries sent shockwaves through the crypto world on Monday.Hackers targeted major packages to hijack cryptocurrency transactions across multiple blockchains, but due to coding errors, the breach...
Cryptocoins News / Finance Magnates - 3 days ago
A major supply-chain attack has infiltrated widely used JavaScript packages, potentially putting billions of dollars in crypto at risk. Charles Guillemet, chief technology officer at hardware wallet maker Ledger, warned that hackers have compromised...
Cryptocoins News / Finance Magnates - 3 days ago
CoinShares is making a $1.2 billion move into the United States with a Nasdaq listing through a merger with Vine Hill Capital Investment Corp. The deal, backed by a $50 million equity commitment from an institutional investor, is set to close by year...
Cryptocoins News / Finance Magnates - 3 days ago
The U.S. Commodity Futures Trading Commission (CFTC) may allow trading platforms licensed under Europe’s new MiCA framework to operate in American markets, Acting Chairman Caroline D. Pham told UK lawmakers. Speaking before the All-Party Parliamentar...
Cryptocoins News / Finance Magnates - 3 days ago
Nasdaq has taken a formal step to bring blockchain technology into U.S. stock trading, filing a proposal with the Securities and Exchange Commission (SEC) to enable tokenized securities on its exchange. Balancing Innovation With StabilityThe exchange...
Cryptocoins News / Finance Magnates - 4 days ago
21X has launched its secondary market, enabling the trading of tokenized assets through smart contract-based matching and settlement. The platform operates under the oversight of BaFin, the Bundesbank, and ESMA.The exchange said it is the first of it...
Cryptocoins News / Finance Magnates - 4 days ago
Backpack Exchange, which acquired the European unit of the now-collapsed FTX, has launched perpetual futures trading in the European Union “after fulfilling [its] promise to refund former FTX EU customers.”The Platform Is Still in BetaThe services re...
Cryptocoins News / Finance Magnates - 1 week ago
The US passed its landmark GENIUS Act, bringing President Trump one step closer to his pledge of making the US the “crypto capital of the world.” Unfortunately for Trump, no matter what his administration does, I’m afraid these efforts will be in vai...
Cryptocoins News / Finance Magnates - 1 week ago
The High Court of Australia has granted the Australian Securities and Investments Commission special leave to appeal a ruling in favour of digital asset provider Block Earner. The case concerns whether the company’s fixed-yield product, Earner, quali...
Cryptocoins News / Finance Magnates - 1 week ago
Abu Dhabi Global Market has granted GFO-X Group in-principle approval to set up a digital asset exchange and clearing house, strengthening the emirate’s position as a center for regulated crypto markets.Abu Dhabi Opens Door for GFO-XGlobal Futures an...
Cryptocoins News / Finance Magnates - 1 week ago
Kraken, a cryptocurrency technology platform, announced it has acquired Breakout, a proprietary trading firm. Breakout provides traders access to capital for executing strategies and allows them to trade crypto through funded accounts after passing a...
Cryptocoins News / Finance Magnates - 1 week ago
Boerse Stuttgart has launched Seturion, a dedicated blockchain-based settlement platform for tokenized assets. The platform can be used across borders and handles multiple asset classes.While other exchanges, such as SIX, offer digital asset services...
Cryptocoins News / Finance Magnates - 1 week ago
Polymarket got the regulatory thumbs-up to return to American soil after a three-year timeout, with the Commodity Futures Trading Commission (CFTC) granting the world's biggest prediction market a no-action letter that clears its path back into US wa...
Cryptocoins News / Finance Magnates - 1 week ago
European Central Bank President Christine Lagarde warned that the EU must close gaps in stablecoin regulation to avoid destabilizing runs on reserves, Reuters reported. She told lawmakers that both EU and foreign issuers should face equal requirement...
Cryptocoins News / Finance Magnates - 1 week ago
Staff from two U.S. financial agencies issued a joint statement yesterday (Tuesday). The statement came from the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC).The statement clarifies the staff's view on...
Cryptocoins News / Finance Magnates - 1 week ago
Cryptocurrency exchange Bitget, and a separate crypto wallet service, Bitget Wallet, have integrated with Ondo Finance. This integration allows users to trade tokenized real-world assets.The move provides access to tokenized stocks and ETFs for users...
