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Robinhood to buy Bitstamp crypto exchange to enable institutional trading in US
6.6.2024
Robinhood’s $200 million acquisition deal comes despite receiving a Wells notice from the SEC a month earlier
Robinhood to Buy Crypto Exchange Bitstamp in Effort to Expand Outside the U.S.
6.6.2024
Trading platform Robinhood (HOOD) agreed to acquire crypto exchange Bitstamp as it looks to expand its crypto presence globally and attract institutional clients through new product offerings, the company announced Tuesday
New US Stock Exchange Launching in Texas Backed by Blackrock and Citadel
6.6.2024
Backed by major financial institutions like Blackrock and Citadel Securities, TXSE Group Inc. has announced its plan to launch the Texas Stock Exchange (TXSE) in Dallas. This new exchange will provide a platform to trade and list public companies and exchange-traded products. With a capital raise...
Settlement agreement of $885 million between FTX estate and IRS
5.6.2024
FTX debtors must pay the Internal Revenue Service $200 million and a remaining property claim of $685 million. The new agreement will feature the FTX estate paying the Internal Revenue Service nearly $1 billion. The sum totaling $885 million is very low compared to the $24 billion demanded by...
SEC's Gensler Shrugs About New Crypto ETFs Strolling Through His Agency's Gates
5.6.2024
The approval of new exchange traded funds (ETFs) for Ethereum's ether {{ETH}} is a logical next step to the regulator previously approving spot bitcoin ETFs, U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler seemed to suggest twice on Wednesday
Centralized crypto exchange trading volume falls to $5.2T in May
5.6.2024
Trading volumes on CEXs have somewhat subsided after topping $9 trillion in March
Hacked Japanese Crypto Exchange to Raise 50 Billion Yen to Repay Customers
5.6.2024
DMM Bitcoin, a major cryptocurrency exchange based in Japan, has revealed its plan to secure 50 billion yen ($320 million) to repay customers after a significant security breach resulted in the loss of 4,503 bitcoins. The BTC leaked from the platform’s wallet on May 31. To ensure full...
Binance to release 15K USDT for new users of “Buy Crypto” scheme
5.6.2024
Binance intends to disseminate 15,000 USDT in the form of token vouchers to the new wave of users who are purchasing crypto and making fiat deposits through their “Buy Crypto” program. Incidentally, Binance is an internationally renowned cryptocurrency exchange. For the exchange, this...
Bitpanda partners with Deutsche Bank, marks industry milestone
5.6.2024
Recently, Bitpanda made a historic decision to join the club of European digital currency platforms partnering with traditional banking giants, including Deutsche Bank. This signifies a major step forward, given that it is the first time that a leading global bank has collaborated with a crypto...
Crypto Exchange DMM Bitcoin to Raise $320M to Pay Back Hack Victims
5.6.2024
Japanese exchange DMM Bitcoin outlined plans to raise $320 million to purchase bitcoin and pay back victims of last week's hack
Japanese crypto exchange raises $320M to recover funds after major hack
5.6.2024
DMM Bitcoin aims to compensate users for a $320 million loss following a major hack by raising equivalent funds
BlackRock and Citadel back new Texas national stock exchange
5.6.2024
The Texas Stock Exchange (TXSE) reportedly secured around $120 million in funding and is prioritizing ETF listings, as well as aiming to offer a more competitive alternative to the two major US stock exchanges
Crypto.com App now offers a new payment facility
4.6.2024
Crypto.com users have the ability to initiate a Strike or UpDown options trade by converting their crypto to American dollars. The new payment facility makes use of any token available in the user’s balance, which is a notable attraction. Another exciting news for crypto enthusiasts is that...
Binance no longer accepts cash for peer-to-peer transactions in India
4.6.2024
Binance’s services were pursued by the cryptocurrency trading community in India to circumvent the government’s tax on cryptocurrency transactions. The new development occurred at a time when the Indian financial agency approved Binance and Kucoin to function as virtual asset providers...
Coinbase donates $25 million to Fairshake’s super PAC
4.6.2024
Coinbase has contributed $25 million towards Fairshake’s super PAC, meant to finance the political campaigning of crypto-inclined congress nominees. This gesture follows similar contributions made by Ripple and a16z to the tune of $25 million to Fairshake recently. The super PAC has now received...
SEC Ethereum ETF decision unlikely driven by politics: Bernstein
4.6.2024
Bernstein analysts Gautam Chhugani and Mahika Sapra believe the United States securities regulator likely approved the spot Ether ETFs to avoid a legal battle
Okx Launches Crypto Exchange and Wallet in the Netherlands
3.6.2024
Global crypto trading platform Okx has launched its centralized exchange and wallet in the Netherlands. Dutch customers can now engage in spot trading and convert services for over 150 cryptocurrencies, including more than 60 crypto-Euro pairs. The platform integrates with Ideal, a popular online...
Hong Kong crypto exchange license applications cost less than expected: Report
3.6.2024
All unlicensed crypto exchanges have been kicked out of Hong Kong
Blockstream criticizes Coinbase for denying BTC processing
3.6.2024
The CEO of Blockstream, Adam Back, has been criticizing Coinbase Exchange for not being willing to initiate BTC processing for donations meant for Trump’s presidential campaign. He has described the company as anti-bitcoin. It all began when Bitcoin Magazine revealed that Lightning Network...
After $7 million hack, Velocore offers bounty to hacker
3.6.2024
Velocore, which is a decentralized exchange, is defrauded of $6.8 million as a result of a vulnerability in the smart contracts that manage its liquidity pools. Incidentally, the exchange functions on the Telos as well as on the zkSync, Era, and Linea blockchains. Since there was a flaw in...