Bulgaria Launches Probe of Crypto Lender Nexo, Raids Offices
<p class=”MsoNormal”>Local investigators in partnership with foreign agents raided the Bulgaria offices of the cryptocurrency lending firm, Nexo, on Thursday. Bulgarian business daily Dnevnik reports...
US Charges Bitzlato’s Founder with Processing $700M in Crypto for Criminals
<p>The United States Department of Justice (DOJ) has charged Anatoly Legkodymov, the Founder of China-based cryptocurrency exchange, Bitzlato, with processing over $700 million of illicit...
Programmed Royalties and Creative Experiments in NFTs
<p>The NFT space sometimes feels overloaded with copycat projects, and there can be prolonged periods when an overriding theme or aesthetic takes hold. At these...
UK Sends a Gang of Four to Prison for £21M Crypto Fraud
<p>A UK Court has sentenced four fraudsters to 15 years in jail for their involvement in making a loss of £21 million to an <a...
Crypto Exchange OKX Introduces Copy Trading to Global User Base
<p class=”MsoNormal”>OKX, a Seychelles-based cryptocurrency spot and derivatives exchange, has added a copy trading feature to its digital asset social <a href=”https://www.financemagnates.com/terms/t/trading-platform/” class=”terms__secondary-term” id=”f85800b2-ccf5-4f50-9e8e-780d32afc6f6″ target=”_blank”>trading...
US Court Orders $17M Restitution Distribution to 800 BitConnect Victims
<p>The wait for some of the victims of the crypto <a href=”https://www.financemagnates.com/terms/p/ponzi-scheme/” target=”_blank” id=”43e13ed7-9295-4761-824f-9d9c98eb15a5_1″ class=”terms__main-term”>Ponzi scheme</a> BitConnect looks to be over, as a San Diego...
SEC Takes Gemini, Genesis to Court for Selling Unregistered Securities
<p>The US <a href=”https://www.financemagnates.com/terms/s/securities-and-exchange-commission-sec/” target=”_blank” id=”3718b4df-fc5f-479a-861e-f52759439c15_1″ class=”terms__main-term”>Securities and Exchange Commission (SEC</a>) charged two feuding companies, Genesis Global Capital and Gemini Trust Company, for offering and...
Should NFT Marketplaces Become Centralized?
<p class=”MsoNormal”>What measures should NFT companies or NFTs put in place to become AML compliant? And, is it worth the trouble?</p><p class=”MsoNormal”>As legislators sharpen their...
Coinbase Stops Operations in Japan Due to Market Volatility
<p>Coinbase Global Inc, one of the biggest and publicly-listed (<a href=”https://www.financemagnates.com/tag/coinbase/” target=”_blank” rel=”follow”>NASDAQ:COIN</a>) cryptocurrency exchanges, announced on Wednesday it is halting its operations in Japan...
Binance Introduces Off-Exchange Settlement to Institutional Investors
<p class=”MsoNormal”>Binance Custody, the institutional digital asset custody arm of the leading cryptocurrency exchange, Binance, officially launched Binance Mirror, its off-exchange crypto settlement solution, on...