In June, Belgium’s financial regulator ordered Binance to stop offering crypto exchange and custody wallet services, citing violations of the country’s AML and CFT requirements. After an order from the Belgian Financial Services and Markets Authority (FSMA), crypto exchange Binance announced its Poland entity would be providing services to residents of Belgium. In an Aug. […]
Biggest Movers: MATIC Extends Bull Run, SHIB Falls for 5th Straight Day
Polygon climbed higher for a third straight session on Monday, as the token continued to move away from a recent support point. After a mostly bearish weekend, crypto markets eased back into the green to start the week. Shiba inu was a notable exception, as it extended a recent downtrend. Polygon (MATIC) Polygon (MATIC) continued […]
Amid volatility, Bitcoin options open interest leapt over futures
Quick Take A significant shift in the Bitcoin derivatives market has been observed, with Bitcoin Options Open Interest (OOI) surpassing Futures Open Interest (FOI) for the first time in the quarter. This shift, marked by an OOI of 395k BTC and an FOI of 393k BTC, occurred last Thursday, coinciding with a substantial market dip. […]
BlackRock’s Bitcoin strategy involves investments in top mining companies
The world’s largest asset manager, BlackRock, is increasing its exposure to Bitcoin by investing in the top five miners of the flagship digital asset. According to the CompaniesMarketCap index, the top five Bitcoin miners are Riot Platforms, worth $1.92 billion; Marathon Digital, $1.83 billion; Cipher Mining, $0.74 million; Hut 8 Mining, $0.5 billion; and TeraWulf […]
New Twist in Ripple vs SEC Battle: Attorney Reveals Key Insights from 2018 XRP Howey Memo
The post New Twist in Ripple vs SEC Battle: Attorney Reveals Key Insights from 2018 XRP Howey Memo appeared first on Coinpedia Fintech News Attorney John Deaton, a prominent observer of the Ripple-SEC case, has drawn attention to the “XRP Howey Memo,” an internal 2018 SEC document. This memo, received by former SEC chairman Jay […]
Hong Kong’s First Retail Crypto Exchange Goes Live in Web3 Milestone
The post Hong Kong’s First Retail Crypto Exchange Goes Live in Web3 Milestone appeared first on Coinpedia Fintech News Hong Kong continues aggressively promoting virtual asset development and merging financial technology with traditional finance. This vision took a leap forward as the city’s first licensed crypto exchange for retail investors, HashKey, officially launched its trading […]
FTX CEO’s Bail Revoked in Cryptocurrency Fraud Case!
The post FTX CEO’s Bail Revoked in Cryptocurrency Fraud Case! appeared first on Coinpedia Fintech News Sam Bankman-Fried, has had his bail revoked by a judge after suspicions of witness tampering surfaced. Bankman-Fried is the CEO of FTX, a cryptocurrency exchange, and was recently the target of major disclosures that have led to the arrest […]
Binance Resumes Services in Belgium!
The post Binance Resumes Services in Belgium! appeared first on Coinpedia Fintech News Binance, one of the world’s largest cryptocurrency exchanges, has made a strategic move to regain access to the Belgian market. The exchange recently faced regulatory tensions in the country, which led to a halt in its services. To ensure continuity for its […]
Apple iPhone 14 Pro Max Dominates Smartphone Market in H1 2023
Coinspeaker Apple iPhone 14 Pro Max Dominates Smartphone Market in H1 2023 The first half of the year 2023 witnessed a significant paradigm shift in consumer buying habits, as Apple Inc’s (NASDAQ: AAPL) iPhone 14 Pro Max emerged as the undisputed champion of the smartphone market. According to research firm Omdia, this shift reflects not […]
$265M in BTC Withdrawn from Binance in 2018 Suspected of Money Laundering
A Bitcoin address, 1EU2pMence1UfifCco2UHJCdoqorAtpT7, has been accused of laundering $265 million through Bitcoin mixers. The transactions, which were all on-chain, have sparked debate among crypto enthusiasts. (Read More)