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Report: FTX CEO Says Crypto Exchange Is Ready to Spend Billions on Acquisition Deals
29.5.2022
Billionaire and FTX co-founder Sam Bankman-Fried said the leading crypto asset exchange aims to make a number of acquisitions and could spend up to $2 billion on such efforts. The FTX chief executive officer highlighted in a recent interview that a fraction of the funds raised by the company were...
Latam Cryptocurrency Exchange Bitso Announces Layoffs Amidst Expansion to Colombia
28.5.2022
Bitso, one of the biggest cryptocurrency exchanges in Latam, has announced a series of layoffs due to the recent downturn in the cryptocurrency market. The exchange, which has a workforce of 800 workers, has decided to let go of more than 10% of its staff citing a change in the long-term strategy...
SAND Is Now on the Largest US Crypto Exchange Coinbase
27.5.2022
The metaverse token is becoming the real deal in the crypto market as the global exchanges fight to acquire its market. In a newsletter shared by The SandBox, we are notified about Coibase’s listing of the SAND tokens. In addition to the US, the exchange will list the metaverse tokens in more...
Binance to Advise Kazakhstan on Crypto Regulations
27.5.2022
Cryptocurrency exchange Binance will assist the government of Kazakhstan in efforts to regulate the country’s crypto space. The global coin trading platform will also help with the integration of the domestic banking system with the expanding digital assets market. Kazakhstan to Cooperate...
Bitrue Launches New Yield Farming Pools for Dogecoin and Shiba Inu
27.5.2022
The newsletter for six new Yield Farming pools on Bitrue was shared on Thursday. As per the announcement, the crypto exchange will dedicate these new pools to Shiba Inu and Dogecoin with a 7% annual percentage yield. The pools are slated to go live on May 27 at 13:00 UTC. Bitrue is one of...
Police Reportedly Looking into Allegations that a Terraform Staffer ‘Embezzled’ Funds
27.5.2022
South Korean police could reportedly take over from the “Yeouido Grim Reaper” financial crimes investigation unit in the probe of Terraform Labs after “embezzlement” charges were leveled at an unnamed employee....
Read More: Police Reportedly Looking into Allegations that a Terraform Staffer...
SEC Drops the Ball on Crypto Regulation and There Are Long-Term Consequences, Says Commissioner
27.5.2022
A commissioner with the U.S. Securities and Exchange Commission (SEC) has warned that the securities market regulator has dropped the ball on crypto regulation. “We’re not allowing innovation to develop and experimentation to happen in a healthy way, and there are long-term...
Huobi Global Acquires Latin American Crypto Exchange Bitex
27.5.2022
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...
Huobi Acquires Latin American Crypto Exchange Bitex
26.5.2022
The Chinese crypto exchange is seeking to expand in Latin America, but Bitex will continue to operate under the same name and with its current management team
Top Latin American Crypto Exchange Bitso Lays Off 80 Employees
26.5.2022
The company, which had more than 700 employees before the cuts, counts four million users in the region
Terra Moves Closer to New Chain Launch, Secures Exchange Support
26.5.2022
The Terra (LUNA) blockchain is moving closer to being re-born as Terra 2.0, this time without an algorithmic stablecoin. The project has already received the blessing of several exchanges, but questions about what the value of Terra is without a stablecoin have started to emerge....
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New Elon Musk Crypto Scam Deepfake Promises 30% Returns On Deposits
26.5.2022
Tesla CEO Elon Musk continues to be the target of online con artists who are using his image to rob traders of their cash - with a new deepfake video depicting the billionaire entrepreneur making the rounds on Twitter.
A short video, reposted by user DogeDesigner, shows Musk being interviewed...
3 DEX That Every Investor Should Know About – Uniswap, Pancakeswap, & Calyx Token
26.5.2022
Over the past year, Decentralized Finance (DeFi) has skyrocketed in popularity and is now one of the most talked-about products in the crypto space. The DeFi movement is all about building financial products that champion decentralization. One particular feature of any DeFi product in the market...
KyberSwap’s Trending Soon Feature Helps You Find Today the Tokens Everyone Will be Talking About Tomorrow
26.5.2022
Have you ever wanted to be able to see what crypto trends are about to emerge before everyone else? So check out KyberSwap’s Trending Soon feature for assistance. Read on to learn more! Find Out What Tokens Might Be Trending Soon KyberSwap is a leading multi-chain Decentralized Exchange...
FTX Halts LUNA and UST Markets to Support New LUNA Airdrop
26.5.2022
FTX will halt the LUNA and UST markets at noon UTC on May 26, 2022. Holders will, however, have an option to receive the new LUNA airdrops during the snapshot time, and the receipt will be subject to certain adjustments. Meanwhile, FTX will go for more suspensions as mentioned below:- Deposit &...
Polkadot parachains spike after the launch of a $250M aUSD stablecoin fund
25.5.2022
Polkadot parachains posted double-digit gains after partnership announcements, protocol integrations and a stablecoin development fund caught the attention of the crypto investors
Scott Minerd says Bitcoin price will drop to $8K, but technical analysis says otherwise
25.5.2022
BTC price could be poised for a big bounce despite Minerd’s prediction that price will drop to $8,000
Crypto.com And TRUST Enter Partnership
25.5.2022
Crypto.com has integrated TRUST, short for Travel Rule Universal Solution Technology. It marks a significant milestone for Crypto.com in its work towards complying with the industry-standard Travel Requirements enacted in various countries. Travel Rule Universal Solution Technology is a travel rule...
Power of the People: DAO Tokens like Sanzooz Finance & Uniswap Democratize Crypto!
25.5.2022
DAO Tokens are evolving in the crypto market and are becoming more and more desirable. Such tokens involve the investors in the decision-making process, which provides them with an additional sense of security with a promise of profits. DAOs (Decentralized Autonomous Organisations) are open-source...
Upbit Operator Faces Scrutiny Over Affiliate’s 2020 USD 103M LUNA Sale
25.5.2022
South Korean crypto exchanges are now in the firing line as the terra (LUNA) crash fallout continues to sow the seeds of chaos in the domestic crypto industry.
Dunamu, the operator of the Upbit exchange, has denied reports that it dumped large sums of LUNA to avoid forthcoming price drops...