CryptoCurrency – Finance Magnates | Financial and business news
More than $18 billion worth of cryptocurrency has shifted to a new platform type offering rewards for locking up tokens, a scheme that analysts warn poses significant risks for users and the broader crypto market.The increasing popularity of "re-staking" highlights the rising risk appetite in crypto markets as prices surge and traders chase higher...
Kabosu, the Japanese Shiba Inu who became the face of the popular cryptocurrency Dogecoin, passed away at the age of 18 years. Her owner, Atsuko Sato, announced the news in a heartfelt blog post last Friday.From Meme to MainstreamKabosu became an internet icon as the face of Dogecoin, a cryptocurrency that started as a joke but grew into a major...
Terraform Labs and its Founder, Do Kwon, have reached a settlement with the US Securities and Exchange Commission (SEC) following allegations of fraud surrounding the collapse of the stablecoin TerraUSD, Reuters reported. The agreement, disclosed on a court website, arrived after a jury found Kwon and Terraform Labs liable for civil fraud charges...
Robinhood has introduced Crypto Trading API, a service that enables users to craft their trading programs and use algorithms to execute trades. This offering aims to streamline trading processes and allow users to diversify their strategies, catering to seasoned and new traders exploring the market.Round-the-Clock AccessibilityRobinhood's API enables...
Global payment giant Mastercard has launched its peer-to-peer cryptocurrency credentials pilot program to simplify how users send and receive digital currencies. The new service is available in more than ten countries in Europe and Latin America. By introducing the Mastercard Crypto Credential, the company aims to simplify and secure crypto transfers,...
Crypto exchange Gemini, owned by the Winklevoss twins, has announced the return of $2.2 billion to users of its Earn program after halting withdrawals 18 months ago, CNBC reported. This move followed a substantial settlement between the New York Attorney General and Genesis, Gemini's lending partner.Refunding Crypto Lending UsersWith the more than...
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