Category: Cryptocurrency

NAGA Group
February 15, 2022 BY Steffy Bogdanova

NAGA to launch crypto exchange NAGAX

Following the launch, the German fintech online broker will also release its NFT and Staking platform under the label "NAGA Earn". Additionally, the firm also saw a dynamic beginning of the year. Brokerage revenues went as high as €8 million, nearly triple the amount it recorded during the same period last year. Bilski added: A…

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February 09, 2022 BY Steffy Bogdanova

CFI launches over 250 crypto products

Founders and Managing Directors of CFI Financial Group, Hisham Mansour and Eduardo Fakhoury, said: At CFI, we always look to transcend the previous milestone and this time around, we believe that with this largely unique and unmatched product, we have managed to deliver on our promise of providing an ever-expanding range of products where traders…

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North Korea steals millions in cyber-attacks for its nuclear missile program
February 08, 2022 BY Steffy Bogdanova

North Korea uses crypto cyber-attacks to fund nuclear missile program

The reports stated that $50 million were stolen from crypto exchanges in North America, Europe and Asia during the period between 2020 and mid-2021. A report from cybersecurity firm Chainalysis was also cited saying that North Korea conducted seven attacks on crypto platforms last year and stole approximately $400 million worth of digital assets. The…

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February 07, 2022 BY Steffy Bogdanova

German regulator BaFin issues warning on social posts on crypto assets

Moreover, BaFin highlighted that there are many investment tips circulating on social media about crypto stocks and other financial products which are not reliable. They may even be false, misleading or fictitious. BaFin stated in the official warning: Digital, lucrative and trendy: this is the image that crypto assets now have among private investors. However,…

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FTX acquires Liquid
February 02, 2022 BY Steffy Bogdanova

FTX acquires fintech firm Liquid

Quoine integration Following Liquid’s acquisition by the FTX, Quoine will integrate FTX's products and services into its own offering, according to the official announcement. FTX's existing Japanese customers will be migrated to Quoine's platform. FTX has also agreed to provide Liquid’s existing Japanese users with services in compliance with Japanese laws. From 30 March 2022…

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Deutsche Börse
January 31, 2022 BY Steffy Bogdanova

Deutsche Börse sees rise in demand for crypto products in 2021

ESG ETFs were the most popular categories in Europe at €33.6 billion in turnover, climbing 176% YoY. Xetra remained the largest exchange venue for ESG ETFs in terms of trading turnover and number of listed ETFs. Stephan Kraus, head of Deutsche Börse's ETF segment, said: Continued strong growth in our ESG segment reaffirms how mission-critical…

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January 31, 2022 BY Steffy Bogdanova

Crypto exchange Binance restricts 281 Nigeran accounts

Zhao further outlined in his letter the importance of user security and confirmed the company’s devotion to its Nigerian community. Zhao said: Protection mechanisms such as KYC, anti-money laundering measures, collaboration with law enforcement, and account restrictions are in place to ensure our community remains protected and that fraudulent activity is prevented. This is a…

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