“Shark Tank” star and Dallas Mavericks owner Mark Cuban will appear on tonight’s episode of Blockchain & Booze. Cuban is expected to talk about his fascination with decentralized finance and nonfungible tokens, and his views on the most imminent and compelling use cases for blockchain technology. The billionaire investor recently joined a group of National Basketball Association franchise owners exploring […]

Bitcoin’s price has been rising incredibly and continues to trend upward. Many people may think that if they cannot buy a Bitcoin mining machine, they are missing out on a huge opportunity to generate profit. Mining cryptocurrencies is one of the best ways to make money. However, the high investment threshold may discourage the average crypto enthusiast. Mining requires pricey […]

Hong Kong, Hong Kong, 9th March, 2021, // ChainWire // Linkflow has announced a new crypto service in partnership with its traditional asset management offering to bridge between the Defi ecosystem and the traditional investors. According to a press release by the company, the new crypto prime brokerage service is primarily focused on hedge fund managers, high net worth investors, […]

Disclaimer: This article’s headline was updated to reflect new information regarding the FSA’s statement.  Despite long claiming to be compliant with local laws, Huobi has not registered with the proper authorities, according to regulators in Seychelles. On Monday, the Seychelles Financial Services Authority, or FSA, posted an official statement saying that Huobi Global Limited is not registered in the country, […]

Teams of traders will clash on Phemex during a two-week BTC/USD trading competition which will award up to $2 million to the winners. Trade Crypto, Win Big on Phemex The Singapore-based cryptocurrency and derivatives exchange, Phemex, has just announced the Phemex Trader’s Arena.  The BTC/USD trading event will consist of multiple teams of traders, each led by a captain. Though […]

The Central Bank of Nigeria (CBN) has announced a scheme that seeks to boost international remittances as well as to encourage the use of official corridors when retrieving funds. The CBN’s move to incentivise recipients follows the plummeting of the country’s official remittances inflows as recipients opt for non-traditional corridors such as cryptocurrencies. Declining Remittances Under the CBN’s so-called “naira […]

Switzerland’s crypto boom has entered another dimension with retailers rolling out Bitcoin (BTC) vouchers and gift cards. According to Swiss daily Tages-Anzeiger, Manor — the country’s largest department store chain — is already selling Bitcoin voucher cards in 59 of its branches. Meanwhile, the retail giant Valora will begin selling BTC gift cards in its kiosks across the country starting […]

The Financial Industry Regulatory Authority (FINRA) announced on Tuesday that it has promoted Stephanie Dumont to Executive Vice President. She will also be the Head of Market Regulation and Transparency Services, effective immediately. In a press release shared with Finance Magnates, Stephanie Dumont, a FINRA veteran, has been elevated by FINRA, a private American watchdog, to the rank of Executive […]

South Korean cryptocurrency exchange Bithumb is toughening its approach to Anti-Money Laundering enforcement with a series of new measures that include trading restrictions, stronger Know Your Customer checks, and specialized blockchain intelligence solutions. The popular exchange, which has an estimated average of 1 million daily users and a daily transaction volume worth 5–7 billion ($4.4–6.2 million), had a troubled 2020 […]