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Crypto Executive Avoids Prison, FTX Seeks $1.8 Billion in Binance Lawsuit

Gary Wang, the former cryptocurrency executive who created the software that enabled FTX founder Sam Bankman-Fried to misappropriate around $8 billion from... Read more

Posted by financemagnates.com 24 hours ago

Wall Street Miner Canaan Raises $30 Million, Sees 121% Revenue Increase in Q3 2024

Canaan Inc. (NASDAQ: CAN), a provider of computing solutions, has made progress in several areas, including securing investments, expanding its product offerings,... Read more

Posted by financemagnates.com yesterday

Gemini Launches in France After VASP Registration, Expands Crypto Services

Gemini, a platform for crypto and Web3 services, has officially launched in France after registering as a Virtual Asset Service Provider (VASP)... Read more

Posted by financemagnates.com 2 days ago

Coinbase CEO Backs DOGE Agency Led by Elon Musk as Dogecoin Surges

Coinbase CEO Brian Armstrong has commented on the establishment of the Department of Government Efficiency (DOGE), led by Elon Musk and Vivek... Read more

Posted by financemagnates.com 3 days ago

Shiba Inu Targets $0.00006: CoinMarketCap Ranks It 11th with $14 Billion Market Cap

Shiba Inu, a meme-inspired cryptocurrency, recently experienced a bullish surge but faced resistance at a critical level, leading to a bearish correction.... Read more

Posted by financemagnates.com 6 days ago

Coinbase Acquires Utopia Labs Team to Expand Stablecoin Payments in Wallet

Coinbase is acquiring the team behind Utopia Labs, a stablecoin and payments startup. Utopia Labs shifted focus last year from serving small... Read more

Posted by financemagnates.com a week ago

Coinbase’s cbBTC Launches on Solana DeFi, Targeting Bitcoin Gap Left by FTX

Nearly two years after FTX's collapse impacted Solana's decentralized finance (DeFi) sector, Coinbase is attempting to reintroduce bitcoin-based trading to the Solana... Read more

Posted by financemagnates.com a week ago

Who Replaces SEC Chairman Gary Gensler? Trump's Team Weighs Candidates

Gary Gensler, the current Chairman of the Securities and Exchange Commission (SEC), may soon be replaced, with Donald Trump’s transition team reportedly... Read more

Posted by financemagnates.com a week ago

FTX Sues Binance and CZ for $1.8 Billion in Stock Buyback Dispute

The FTX bankruptcy estate continues to pursue litigation against cryptocurrency firms amid itsbankruptcyproceedings. In a new lawsuit, a group of companies involved... Read more

Posted by financemagnates.com a week ago

Toronto Kidnapping: Crypto Firm’s CEO Freed After CAD 1 Million Ransom

The CEO of WonderFi, a Canadian publicly listed crypto holding company, has been released unharmed after a kidnapping incident. The company owns... Read more

Posted by financemagnates.com 2 weeks ago

Hut 8's Cryptocurrency Mining Upgrade Targets 66% Hashrate Growth by 2025

Hut 8 Corp., a Cryptocurrency Mining company and major energy operator in North America, announced the purchase of 31,145 BITMAIN Antminer S21+... Read more

Posted by financemagnates.com 2 weeks ago

Bybit Ramps Up Crypto Compliance with VASP Registration in Georgia

Bybit has registered as a Virtual Asset Service Provider with the National Bank of Georgia. This registration aligns with Bybit's efforts to... Read more

Posted by financemagnates.com 2 weeks ago

Kraken Verifies $21.5 Billion in Client Assets with Latest Proof of Reserves

Kraken recently completed its latest Proof of Reserves, providing clients with a way to verify that their account balances are fully backed... Read more

Posted by financemagnates.com 2 weeks ago

Transak Secures Dual Licenses in Canada and Delaware for Crypto Access

Transak has obtained two licenses from Canada and the US to enhance its regulatory compliance. In the US, Transak USA LLC... Read more