The South Korean cryptocurrency exchange Bithumb is set to be acquired by FTX, a cryptocurrency derivatives exchange. This update was confirmed by the owner of the former, Vidente. The FTX acquisition of Bithumb is a move to support the derivatives exchange’s purchasing spree. The company noted that they have been …
Read More »Binance Loses Money Worth $12 Billion After FTX Mishap
It is not more than just two months that the FTX, one of the top cryptocurrency exchanges, has gone through collapse after filing Chapter 11. This took a toll on the entire cryptocurrency market. Following this, the latest crypto news states that Binance loses money worth $12 billion. Although back …
Read More »Crypto Exchange Kraken Faces Probe For Violating Sanctions
Kraken Faces Probe: A major crypto exchange company, recently faced an investigation by the U.S. Federal Authority. The move was taken after the crypto exchange organization, Kraken, was suspected of having violated U.S. sanctions that forbid users in Iran to trade digital assets on exchanges that are based in the …
Read More »Crypto.com Exchange Achieves A Key Milestone In South Korea
Crypto.com exchange, one of the leading crypto trading platforms in the world, recently announced that it obtained the Electronic Financial Transaction Act and Virtual Asset Service Provider registrations by the acquisition of PnLink Co. Ltd, a payment service provider, and OK-BIT Co. Ltd, a digital asset service provider. Crypto.com Exchange …
Read More »TradeGPT: Bybit Launches Its New AI Chatbot For Crypto Trading
TradeGPT is an AI-powered crypto trading assistant developed by Bit that analyzes market data and provides free answers to questions. Learn more here. TradeGPT’s AI-Powered Crypto Trading Tips! Bybit, a renowned cryptocurrency exchange, has recently announced the launch of a new Artificial Intelligence (AI)-driven tool, “TradeGPT“. This tool is a …
Read More »Crypto Exchange News: Nuri & Coinflex Face Wrath Of Crypto Winter
Crypto Exchange News: The crypto winter has continued to affect the crypto exchange platforms negatively. The latest crypto exchange news suggests that renowned crypto trading platforms like Nuri and Coinflex have been the recent movers on the list of exchanges that either went bankrupt or ceased operating or saw major …
Read More »Coinbase ETH Staking Might Shut Down If Regulators Interfere: Coinbase CEO
Brian Armstrong, the CEO of Coinbase, a cryptocurrency exchange platform, said that Coinbase ETH staking would cease if regulators pressurized them. Want to know what induced such a statement? Read further. Why Would Coinbase ETH Staking Be Hindered? Coinbase CEO reacted to a hypothetical situation on Twitter today by stating …
Read More »SCB-Bitkub Acquisition Deal Worth $500mn Terminated!
The SCB-Bitkub acquisition deal is no longer happening. Thailand lender, Siam Commercial Bank PCL, in a recent statement mentioned that it has pulled out of the deal and is no longer looking forward to buying crypto exchange Bitkub. Why Was The SCB-Bitkub Acquisition Deal Scrapped? SCB noted that this startup …
Read More »This Crypto Exchange Mistakenly Transferred $10.5mn, What Happened Next?
Crypto.com, a leading crypto exchange platform, had made a serious blunder a few months ago. Further, the most notable thing was that it didn’t even realise that. Want to know all the details? Read further! How This Crypto Exchange Made A Mistake? Crypto exchange Crypto.com a few months ago made …
Read More »Crypto Companies Invests In Sports Sponsorships To Overcome Crisis
Despite the bear market or the running crypto winter, the crypto companies are actively investing in sports sponsorships. The crypto bear market has been hailing for the past couple of months. This has wiped off most profits from digital asset trading firms. However, this could not scare off the cryptocurrency …
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