Cryptocurrency| Finance Magnates
Coinbase will remove certain stablecoins from its platform in the European Economic Area (EEA) by the end of the year. The company made the announcement today (Friday), citing upcoming regulatory changes in the region.Stablecoins are digital assets designed to maintain a stable value by being tied to a fiat currency or other asset. These tokens...
Crypto startup Lejilex and the United States Securities and Exchange Commission (SEC) are engaged in a legal battle over the classification of cryptocurrencies. Both parties have submitted competing briefs for summary judgment in a Texas federal court. Lejilex, which is part of the Crypto Freedom Alliance of Texas, filed its brief on October...
Kraken has announced the launch of its new global derivatives venue in Bermuda. This initiative aims to provide clients with a licensed trading platform in a recognized jurisdiction.Bermuda Authority Approves Kraken VenueKraken's new venue allows clients to trade derivatives around the clock, aligning with the 24/7 nature of the cryptocurrency...
The Securities and Exchange Commission (SEC) yesterday (Wednesday) formally moved to appeal a federal judge's decision in the regulator’s case against Ripple, which resulted in a $125 million fine.SEC Files “Notice of Appeal”The regulator filed a "notice of appeal" to the Second Circuit Court of Appeals, indicating its intention to challenge the final...
Marathon Digital Holdings, the largest publicly listed Bitcoin (BTC) miner on Wall Street (NASDAQ: MARA), has caught the attention of financial group Macquarie, which initiated coverage of the company's shares with an “Outperform” rating. Due to the company's moves towards the artificial intelligence (AI) industry, the stock is expected to grow...
The year 2024 has recorded unprecedented losses in the cybersecurity landscape. By the end of Q3, they reached $2.11 billion in total, surpassing all the losses from 2023, Cyvers' report shows.The year has witnessed a sharp increase in hacking incidents. This highlights a growing threat landscape that necessitates immediate attention, as shown...
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