Mon, February 16

Sam Bankman-Fried Expands His Crypto Empire

FTX and FTX US have collected funds of $400 million as of Jan 2022. Voyager rejected FTX’s proposal as it seemed biased toward the borrower. Sam Bankman-Fried (SBF), the CEO of FTX, has been the rescuer for various exchanges and firms in the crypto catastrophe. He is either a lender,

July 25, 2022 2 mins read

Coinbase Ventures Banks on Web3 and DeFi Sector After Q2 Report

Q2 investment memo showed a 34% decrease in transaction activity. Besides Web3 infrastructure, the company spent aggressively on blockchain gaming. According to Coinbase Ventures’ Q2 report, overall deal activity fell in tandem with the prevailing gloomy tone in the market. However, the firm’s investment thesis on infrastructure projects that exhibit

July 24, 2022 2 mins read

Huobi Global Bags Provisional Approval From Dubai’s Regulator

VARA has already awarded OKX a provisional license before approving Huobi. Huobi believes a regional headquarters for the exchange may be established in Dubai. The Dubai Virtual Assets Regulatory Authority (VARA) has awarded provisional approval to Huobi, according to a statement from the business. Huobi’s virtual asset exchange products and

July 24, 2022 2 mins read

Binance CEO Optimistic of a Significant Bullish Momentum Soon

After the Merge, Ethereum will be deflationary, says Vitalik Buterin at a conference. This week, the Bitcoin (BTC) and Ethereum (ETH) values surged quickly. The CEO of Binance, Changpeng Zhao, reiterated his positive prognosis for the crypto sector in a tweet on Saturday. He thinks “BUILD” is the way to

July 23, 2022 2 mins read

Coinbase Wallet Announces Integration of OpenSea and Rarible Orders

This improvement aims to make NFT trading easier for beginners. NFT marketplace OpenSea receives orders from 25,000 to 30,000 customers every day. The largest U.S. crypto exchange, Coinbase, has released an update to its multi-product wallet that makes trading non-fungible tokens (NFTs) easier for experts and novices alike. The Coinbase

July 23, 2022 2 mins read

FTX All Set To Acquire South Korea’s Largest Exchange, Bithumb

Morgan Stanley was preparing to acquire Bithumb for $441 million in March. FTX bought the Japan-based exchange Liquid early this year. According to a report from Bloomberg on Friday, cryptocurrency behemoth FTX is close to acquiring South Korea’s largest cryptocurrency exchange, Bithumb. According to those with direct knowledge of the

July 23, 2022 2 mins read

FTX Shows a Ray of Hope to the Voyager Digital Investors

Voyager Digital Holdings was offered a purchase deal by FTX & partners. Customers are provided with an opportunity to cash out from the FTX account. Voyager Digital investors have been offered a helping hand by the FTX exchange as it is planning to accumulate the prior mentioned. The accumulation will

July 23, 2022 2 mins read

The Cyprus SEC Granted Regulatory Permission to Crypto.com

Crypto.com, the world’s fastest-growing worldwide cryptocurrency platform, was founded in 2016 and already serves more than 50 million clients.   Because it is built on a foundation of security, privacy, and compliance, Crypto.com is dedicated to helping the next generation of inventors, creators, and entrepreneurs construct a more equitable digital

July 23, 2022 1 min read

Mercado Brazil Eyes Regulatory Approval To Start Operations in Mexico

Mercado Bitcoin is going to obtain a licence in Mexico and operate very soon. This may be the biggest competition for the crypto exchange Bitso. Mercado Bitcoin, a Brazilian crypto exchange, might start operating in Mexico as early as 2022 if the regulatory license is granted. Mexican regulators have yet

July 22, 2022 2 mins read

Gemini Receives Virtual Asset Service Provider License in Ireland

Gemini claims to be the first company to operate as a VASP. The company received EMI licence from CBI in February 2022. Gemini, a crypto trading platform located in New York, claims to be the first to be recognized by the Central Bank of Ireland as a virtual asset service

July 22, 2022 1 min read
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