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Solana Aims to Raise $450 Million to Battle Ethereum Supremacy


Solana, a proof-of-stake, smart contracts-enabled currency, is aiming to raise $450 million in a funding round that was extended last March. The Solana ecosystem, which is backed by Sam Bankman-Fried, founder and CEO of derivatives exchange FTX, would use these funds to take on Ethereum supremacy...

21shares to Launch Bitcoin ETP for Institutional Investors in the UK


Switzerland-based 21shares announced it’s going to offer its crypto exchange-traded product (ETP) to institutional investors in Britain. The platform said the aim is to provide U.K. investors with exposure to bitcoin without the need to deal with crypto custody and security. New Bitcoin...

South Korea To Ban Exchange Insiders from Trading on Own Platforms


The top South Korean financial regulator is set to launch a fines system for insider trading, and will move to block exchange staff from using their own platforms to perform crypto trades. Per Chosun, the regulatory Financial Services Commission (FSC) is “pushing” the government to accept its plan...

Jigstack (STAK) Token Is Now Listed on Bitcoin.com Exchange


PRESS RELEASE. Bitcoin.com Exchange is ecstatic to announce the listing of STAK, being available to trade on the 7th June 2021 at 10:00AM UTC. STAK was created by the Jigstack team, as the driver and as its governance token, incorporating a variety of specific DeFi protocols under one Jigstack...

Private Sale of Cardano-native Decentralized Exchange (ADAX) Ends


The text below is an advertorial article that was not written by Cryptonews.com journalists. The crypto market has faced a period of solid correction with most currencies plunging more than 50% from their recently achieved all-time highs. The only noticeable token in the top currencies that...

FTX Lands Naming Deal With Esports Giant TSM for $210 Million


On Friday, FTX Exchange announced signing a naming rights deal with U.S. professional esports organization TSM for $210 million. The cryptocurrency exchange’s multi-year partnership arrangement will allow the crypto firm to rename the company to “TSM FTX.” Esports Firm TSM Will...

69,000 Potentially out of Pocket in Alleged South Korean Exchange Scam


Far more South Korean investors than previously thought appear to have been sucked into an alleged crypto scam revolving around the V Global crypto exchange. As reported last month, police said that “mainly pensioners and housewives” had been the victims of the suspected fraud. Officers in Seoul...

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