Crypto and blockchain investments continue to grow thanks to the ever-rising investor interest, according to a new report from Big Four accounting firm KPMG. Titled “Pulse of Fintech H1 2021,” the study covers global investment activities in different financial technology verticals for the first half of the year. It details 2,456 investment […]
Kucoin, one of the leading crypto exchanges, suffered a hacking incident in 2020 where over $250 million was stolen. However, immediately after the hacking was reported, Kucoin began cooperating with various players from the crypto industry. This cooperation ultimately led to the recovery of a large chunk of the stolen […]
On Thursday (August 12), XRP extended the bull run that began on July 21, surging above the $1 level for the first time in nearly 10 weeks. According to data from TradingView, on crypto exchange Bitstamp, at 07:08 UTC on August 12, the XRP price reached $1.00173. Currently (as of […]
Congestion on the Ethereum network has forced an online casino to temporarily close shop. The development came into light after KingTiger Casino’s official website announced the company’s temporary closure of services. According to KingTiger’s statement: “We have had to temporarily close our casinos due to the Ethereum network congestion, making […]
Argentine soccer superstar Lionel Messi, regarded as one of the game’s greatest players of all time, has reportedly made crypto fan tokens a part of the payment deal in his financial package with French club Paris Saint-Germain. The information comes from sources close to the matter, according to Reuters. Messi, 34, who […]
Ethereum is holding gains above the $3,200 resistance zone against the US Dollar. ETH price remains attractive and it might continue to rise towards the $3,350 resistance. Ethereum is trading nicely above the $3,100 and $3,150 support levels. The price is now trading above $3,200 and the 100 hourly simple […]
StoneX Group, a leading financial services firm, today announced that the company has executed a sale and purchase agreement to acquire Chasing Returns, an Irish fintech firm that offers behavioral science products to facilitate retail and professional traders. According to a press release shared exclusively with Finance Magnates, StoneX is […]
A family that went all-in on Bitcoin back in 2017 has revealed their secrets to safeguarding the asset now that it has increased in price by around 5,000%. The Dutch family of five’s storage plan includes a series of secret locations spread across four different continents. In 2017 the ‘Bitcoin […]
Bitcoin price is back at $46,000 after a few month reset back to $30,000 and slightly below. A more than 50% collapse from the current all-time high of $65,000 had the cryptocurrency community calling for a bear market, but according to a trend strength indicator, bears are nowhere in sight. […]
Just 24 hours after one of the largest DeFi hacks took place, specifically on the Poly Network protocol, the attacker is reportedly starting to return the stolen funds. According to Chainalysis, the threat actor began to send the cryptos back to three Poly Network addresses. However, as of press time, […]
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