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Elon Musk's Twitter Deal, Bitcoin Adoption Alliance, Delayed Cardano's Upgrade + More News
21.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Elon Musk's Twitter Deal, Bitcoin Adoption Alliance, Delayed Cardano's Upgrade + More News
Crypto exchange BlockFi secures $250M credit from FTX amid bear market
21.6.2022
At a time when a significant number of crypto platforms are struggling to remain afloat, BlockFi hopes the new credit line would help them secure user’s funds
BlockFi Secures USD 250M Credit Facility from Bankman-Fried's FTX
21.6.2022
Major crypto lender BlockFi said it secured a USD 250m loan from the FTX exchange in an attempt to bolster its balance sheet.
The revolving credit facility, which is a type of credit, "are intended to be contractually subordinate to all client balances across all account types (BIA, BPY & loan...
FTX Unit Buys Stock-Clearing Platform Embed to Expand Equity Trading Infrastructure
21.6.2022
Clearing firm Embed Financial Technologies will aid FTX’s overall equity trading ambitions
BlockFi Receives $250M Credit Facility From FTX
21.6.2022
The proceeds will be used to fulfil client balances across all accounts
Crypto Exchanges Backing Away from Sports Spending as Crunch Continues
21.6.2022
Crypto firms are reportedly scaling back their spending on sports-related advertising and sponsorship as winter continues to bite in the markets.
Many crypto companies – including Crypto.com and Coinbase – have responded to a sharp drop in crypto prices and trading volumes by announcing they...
Crypto winter freezes sports sponsorships for digital asset firms
21.6.2022
The crypto market downturn has made it difficult for crypto firms to pull the trigger on any new sponsorship deals with the sports teams they spent hundreds of millions on at the beginning of the year
US Fed to Blame for Downturn, Large Crypto Players Have Responsibility Toward Ecosystem - FTX CEO
20.6.2022
With crypto prices continuing to slide, Sam Bankman-Fried, the outspoken CEO of major crypto exchange FTX, argued that the US Federal Reserve (Fed) is to blame for the ongoing downturn, but that large companies such as his have a responsibility to step in and make efforts to contain...
SBF and Alameda step in to prevent crypto collapse contagion
20.6.2022
SBF also rejected rumors that Alameda played a part in jeopardizing the stability of Celsius, noting that “this is definitely false. We want to help those we can in the ecosystem, and have no interest in hurting them.”
Report: Bitmex, Deribit Liquidate 3AC’s Positions — Negativity Continues to Plague the Crypto Hedge Fund
17.6.2022
Two days ago, Bitcoin.com News reported on the crypto hedge fund Three Arrows Capital (3AC) after reports claimed that the company was allegedly struggling with financial hardship and possible insolvency. Now the crypto firm Finblox is feeling the effects of 3AC’s troubles, and a few digital...
Not Enough Liquidity for Celsius to Sell Staked Ethereum in Open Market - Analyst
17.6.2022
There is not enough liquidity in centralized and decentralized exchanges combined for the troubled crypto lender Celsius to sell their Lido staked ethereum (stETH) tokens on the open market, leaving over-the-counter (OTC) transactions as the only option, according to digital assets data provider...
FTX plans to acquire crypto exchange Bitvo as part of move into Canadian market
17.6.2022
The company added that the deal was “subject to regulatory approval and customary closing conditions,” but expected to close in the third quarter of 2022
Panama's 'Lost Crypto Opportunity', Thailand's Huobi Closing, Canada's Bitvo Acquired by FTX + More News
17.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Panama's 'Lost Crypto Opportunity', Thailand's Huobi Closing, Canada's Bitvo Acquired by FTX + More News
FTX Agrees to Acquire Canadian Trading Platform Bitvo as It Eyes Regional Expansion
17.6.2022
FTX's decision to acquire Bitvo comes after rival exchange Binance pulled out of Ontario amid regulatory pressure last year
FTX Overtook Coinbase & OKX in May, Speeding Up EU Crypto Regulation + More News
15.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: FTX Overtook Coinbase & OKX in May, Speeding Up EU Crypto Regulation + More News
Kraken To Kick Off 'Global Hiring Push' Despite Bearish Market
15.6.2022
While some major crypto industry players are reacting to the recent market downturn with layoffs and/or freezing their hiring plans, major crypto exchange Kraken is unveiling a global hiring push with hundreds of available jobs across the world - declaring that it's not planning to fire...
Biggest Bitcoin exchange inflows since 2018 put potential $20K bottom at risk
15.6.2022
Traders are nervous, data suggests, and a further drop could spark a chain reaction as exchange users rush to liquidate their BTC holdings
Celsius exodus: $320M in crypto sent to FTX, user withdrawals paused
13.6.2022
Celsius has been moving more than a quarter of a billion dollars worth of funds from Aave into the FTX exchange for reasons not specified in addition to suspending withdrawals for users
Top 5 cryptocurrencies to watch this week: BTC, FTT, XTZ, KCS, HNT
12.6.2022
Bitcoin managed to bounce off a critical support and if the higher levels sustain, FTT, XTZ, KCS and HNT could attract buyers
The Mercedes-AMG Petronas Collaborates With FTX To Launch NFTs
8.6.2022
The Mercedes-AMG Petronas Formula 1 team has partnered with FTX to launch its first in the series of NFT drops. The launch has taken fans much closer to their favorite team by buying a digital artwork of their choice. Interested fans can sign up on FTX to claim a piece of NFT. Fans can get …