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Huobi Global Acquires Latin American Crypto Exchange Bitex


The digital currency exchange Huobi Global has revealed it has acquired Bitex, a Latin American crypto platform that operates in Argentina, Chile, Paraguay, and Uruguay. Huobi details that the company is stepping up its presence in Latin America as it believes the region will be one of the most...

Coinbase Share Prices and Number of Active Users Fall


Coinbase published its financials for the first quarter of 2022. Investors observed a fall of 12% in the stock price in after-hours trading. Revenue came to $1.17 billion, out of which $1 billion came from the cut in trading fees. $152 million was collected in revenue from subscriptions...

Sequoia Capital Partner Believes Lots of VCs Will Pull Back From Crypto


Shaun Maguire, a crypto partner of Sequoia Capital, one of the venture capital firms most active when it comes to investments in the cryptocurrency space, issued its opinion on the future of many VCs investing in crypto. To him, many of the companies that are now experimenting with crypto...

Solana NFT Marketplace Magic Eden Reveals Airdrop, Plans to Launch DAO


On Tuesday, the Solana-based non-fungible token (NFT) marketplace Magic Eden announced the project is airdropping NFT tickets to existing Magic Eden users and plans to form a decentralized autonomous organization (DAO). On February 21, the Magic Eden project airdropped around 4,000 NFTs to active...

Uniswap V3 Based ‘Universe Finance’ Reveals Plans of Launch


PRESS RELEASE. Universe Finance has stated that its IDO will begin on the 15th of February and will run till the 18th. Universe Finance wants to provide the finest Uniswap V3 active liquidity management platform on Ethereum and Polygon. What can Universe Finance offer? Security is one of the most...

Bitcoin and Ethereum Bulls Remain Active, CEL Accelerates


  Bitcoin price corrected lower below USD 37,000, but the bulls were active near the USD 36,500 level and the price is currently (11:59 UTC) trying to recover above USD 37,200. A clear move above USD 38,000 is a must for an upside continuation.... Read More: Bitcoin and Ethereum Bulls Remain...

Crypto Swap Platform LetsExchange Grew 100x in Less Than a Year


PRESS RELEASE. LetsExchange.io, an instant cryptocurrency exchange platform, reports the tremendous growth it has achieved since its launch in early 2021. In March 2021, the platform had 6,000 active users from 20 countries. At the time, users could swap 200 digital coins and tokens, accounting...

Chinese Central Bank: In Pilote Stage, Digital Yuan Has 261M Active Users


  China’s central People’s Bank of China (PBoC) has claimed over 261m users in the nation activated digital yuan wallets by the end of last year – in addition to the 20 million-plus who have downloaded its official pilot app, which was released to marketplaces in some cities earlier this...

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