Fri, October 9

FTX Won Voyager Digital Assets Acquisition Against Binance

FTX won the acquisition against Binance and CrossTower. The bid from FTX US is valued at roughly $1.422 billion. The major cryptocurrency exchange FTX, founded by billionaire Sam Bankman-Fried won the bid to buy the assets held by insolvent company Voyager Digital. After multiple rounds of bidding in an intensely

September 27, 2022 2 mins read

Crypto Exchange Binance Reportedly Planning To Enter Japan

The government body in Japan has previously proposed lowering taxes on crypto. The expansion of Web3 companies is part of Prime Minister Fumio Kishida. Binance, the largest cryptocurrency exchange in the world, is re-entering the Japanese market after a four-year hiatus, and its CEO, Changpeng Zhao, is leading the charge.

September 26, 2022 2 mins read

Coinbase CEO Brian Armstrong Backs Going Public

CEO Brian Armstrong insists the move to the public market has been very beneficial. Coinbase was able to secure $3 million of debt in a single week last year. Stock of cryptocurrency exchange Coinbase is down 84% from its all-time high of $381 on the company’s listing day in April

September 26, 2022 1 min read

Kraken’s New CEO Clears Stand on Registering With SEC

Jesse Powell stepped down and was replaced by COO Dave Ripley. Kraken does not need to file with the U.S. SEC as per Ripley. To the SEC’s dismay, Kraken’s new CEO has put forward the exchange’s stand. Kraken stated on September 21 that current CEO Jesse Powell will be stepping

September 25, 2022 2 mins read

Binance Announces Opening of Local Office in Romania

Changpeng Zhao (CZ), CEO of Binance, the largest cryptocurrency exchange in the world, announced the opening of a local office in Bucharest, Romania, while on a tour of Eastern European countries. In addition, beginning in the month of October, the trading platform’s customer assistance will be available in Romanian. The

September 25, 2022 2 mins read

Canada-based Coinsquare Acquires CoinSmart Exchange

Only two Canadian crypto exchanges, including Coinsquare, have pre-registered with authorities. Justin Hartzman co-founded CoinSmart and has served as its CEO. After Coinsquare, one of the major digital asset trading platforms in Canada, purchased CoinSmart for an unknown price, the country’s cryptocurrency exchange scene seemed to be solidifying. Thursday, Coinsquare

September 24, 2022 2 mins read

Veritaseum Capital Sues Coinbase for Patent Infringement

Veritaseum is demanding $350 million from Coinbase. The Federal court in Delaware received the case filing. According to Reuters, Veritaseum Capital LLC is suing Coinbase for patent infringement related to its cryptocurrency transfer system. According to the complaint, a number of Coinbase services violate earlier blockchain patents.  In 2019, Veritaseum’s

September 24, 2022 1 min read

Coinbase Receives Registration Approval From Dutch Central Bank

Coinbase becomes the first major exchange to receive DNB registration approval. The platform will be able to offer a full range of crypto products to customers in the Netherlands. The prominent cryptocurrency exchange platform, Coinbase, is enlarging its services across Europe. According to the recent announcement from Coinbase, the firm

September 24, 2022 2 mins read

Binance Gets Key Advisors for New Global Advisory Board

Former Obama campaign manager and senior advisor David Plouffe is now onboard. The board is chaired by the former senator and ambassador to China, Max Baucus. Binance, the largest cryptocurrency exchange in terms of trading volume, has formed a Global Advisory Board comprised of industry leaders who will provide counsel

September 23, 2022 2 mins read

Celsius to Create Tradable Wrapped Tokens

The wrapped tokens will be redeemable by Celsius customers for a particular ratio. In July, Celsius sought Chapter 11 bankruptcy protection. A new record has surfaced of Celsius Co-Founder Nuke Goldstein discussing a plan to use crypto-based solutions to repay Earn customers and restore the company’s fortunes.  Celsius consumer and

September 23, 2022 2 mins read