Canadian financial regulators levied a C$6 million ($4.3 million) fine against leading cryptocurrency exchange Binance citing two separate "administrative violations" of the country's financial regulations.
Major Bitcoin mining firm Marathon Digital has reported it mined 2,811 BTC worth around $176 million in the first quarter of the year, with the cryptocurrency’s rising price helping boost its profit by 184% year-on-year to $337.2 million.
Asset management giant WisdomTree has launched its digital asset app, WisdomTree Prime, in New York even as its CEO faces pressure from shareholders over the firm’s push into crypto.
Top stories in the Crypto Roundup today:
- Binance Hit with $4.3 Million Fine in Canada
- Bitcoin Miner Marathon Digital’s Profits Soared 184% Over Crypto Price Rises
- WisdomTree Expands Crypto App to New York Amid Internal Strife
- Trading Volumes on Centralised Exchanges Drop After Seven Months