AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing and auction of the Freela token (FREL) under the pair USDT/FREL. The auction will take place on May 26 at 1:00 p.m. UTC. and the listing will go live on May 27, one hour after the IDO. Freela is a […]

As devastating as Wednesday’s crypto crash was, few hodlers lost as much as Ethereum Co-Founder Vitalik Buterin. According to CNN, Buterin’s public wallet was valued at $1.1 billion on the morning of the downturn. But following the crash, it stood at $870 million. Markets bounced back as the selling eased off. But prices are still down from before the crash. […]

The Inner Mongolia government has launched a platform that will be used by the general public to report any activity or operation related to cryptocurrency mining within the Mongolic autonomous region of the People's Republic of China. The Mongolian government wants to completely stop local cryptocurrency mining operations which have been identified by many people such as Janet Yellen, US […]

As cryptocurrencies become a trending topic across Argentina, local authorities hunt virtual currencies scammers amid the coronavirus-driven crisis and high inflation levels. The Argentine Federal Police detained two members of an alleged pyramid scheme operating in a northern province. Investigations Initiated After Two Complaints Filed With the Authorities According to Valle Calchaquí, the operation happened within the context of an […]

Deutsche Bank announced on Thursday that it has named Stephane Gruffat as its new Co-Head of equity capital markets in Europe, effective immediately. According to an internal memo seen by Reuters and shared with Finance Magnates, Stephane Gruffat, a financial veteran at Credit Suisse, has been recruited by Deutsche Bank, a leading German financial services provider, as its new Co-Head […]

Bitcoin price is recovering losses and trading above $40,000 against the US Dollar. BTC is likely to accelerate higher if there is a clear break above the 100 hourly SMA at $42,000. Bitcoin is showing signs of a decent recovery above the $40,000 level. The price is now facing resistance near $42,000 and the 100 hourly simple moving average. There […]

ETH/USD The Ethereum Project token ETH was highly volatile on the last day of the previous week. It was moving up and down the zone between $3,860 and $3,340 before closing with a red candle at $3,580 – below the previous uptrend line, but still above the horizontal support. The ether was 9 percent down for the seven-day period. On […]

B2BinPay, a well-known cryptocurrency payments firm, announced today that the company has launched version 2.0 of its payment solution with the addition of new tokens and blockchains. According to the official press release shared with Finance Magnates, the new version includes a wide range of innovative features along with the company’s existing offering. B2BinPay aims to fulfill cryptocurrency transaction requirements […]