Month: October 2022

FCA Takes Action as UK Crypto Scams Soar

<p> The United Kingdom’s <a href=”https://www.financemagnates.com/terms/f/financial-conduct-authority-fca/” target=”_blank” id=”4c85a54d-15e0-4e44-a214-8c55f71cb286_1″ class=”terms__main-term”>Financial Conduct Authority (FCA</a>) has opened 432 regulatory cases regarding possible crypto scams or unregistered businesses, according...

Nik Bougalis Leaves Ripple after Almost 10 Years

<p class=”MsoNormal”>Nik Bougalis, a Director of Engineering who served the cryptocurrency company, <a href=”https://www.financemagnates.com/tag/ripple/”>Ripple Labs</a> for almost 10 years, announced last weekend he is leaving...

CQG Launches Optio Research for Institutional Trading Solutions

<p> CQG, a provider of trading, market data and technical analysis tools, in cooperation with NUTS Finance, a <a href=”https://www.financemagnates.com/terms/b/blockchain/” target=”_blank” id=”be18ed01-45fc-4044-b447-06802a10dbcd_1″ class=”terms__main-term”>blockchain</a> development company,...

UK Court Winds Down Fraudulent Crypto Firm PGI Global

<p>The High Court in the UK has closed down PGI Global UK Ltd for running a <a href=”https://www.financemagnates.com/cryptocurrency/three-onecoin-crypto-scam-associates-faced-a-german-court/” target=”_blank”>cryptocurrency trading scam</a> and defrauding investors. In...

Binance Labs Invest in Ancilla, Leading Pre-seed Founding Round

<p> Binance Labs, the venture capital and incubation arm of Binance, the world’s largest <a href=”https://www.financemagnates.com/terms/c/cryptocurrency-exchange/” target=”_blank” id=”601e2e5f-0c28-4253-9ad4-5e6b251ba2fa_1″ class=”terms__main-term”>cryptocurrency exchange</a> by trading volume, <a href=”https://www.binance.com/en/blog/ecosystem/binance-labs-leads-preseed-funding-round-for-ancilla-inc-to-support-innovations-in-web3-security-6533709342019977415″>announced</a>...

Crypto Staking Platform Freeway Halts Withdrawals

<p>Freeway, a cryptocurrency staking platform, has paused withdrawals citing <a href=”https://www.financemagnates.com/cryptocurrency/eth-is-best-performing-asset-in-july-as-crypto-volatility-decline-continues-report/” target=”_blank”>crypto and forex market volatility</a>. The sudden move of the project is signaling another...