After two consecutive bearish sessions, the crypto market is finally seeing the ‘green’ light. However, even then there were several cryptos that saw a decline. In such a situation, Monero (XMR) and its competitor, Swap (XWP), ruled the privacy cryptocurrency market. These cryptos are primarily purchased for the benefit of …
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FTX Acquisition Of Bithumb Might Take Place Soon
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 »SEC Investigates Coinbase Over Cryptocurrency Listings
On Monday, the United States Securities and Exchange Commission (SEC) initiated an investigation into the major crypto exchange Coinbase. The SEC investigates Coinbase to check whether it was illegally allowing Americans to transact in digital assets that should have been listed as securities. The aforementioned news was reported by Bloomberg. …
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