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
Anonymous or outside contributions will not be allowed under the new restrictions. All political campaigns must also have adequate KYC procedures. As a result of a decision by California lawmakers, the state’s restriction on crypto contributions to state and local politicians has been lifted. Donations of any size (within the
Ambire Wallet users can save money on transaction fees with the new feature. Users won’t be charged for the additional network costs. The first open-source, secure, non-custodial smart wallet Ambire launched a new feature the Ambire Gas Tank with a focus on accessibility, which will help users to reduce transaction
Blockchain.com is reducing about 150 employees, due to financial losses. The exchange recently lost $270 million from Three Arrows Capital. As per reports, Luxembourg-based cryptocurrency exchange Blockchain.com is disbanding 25% of its employees, amid financial losses and the collapse of the global crypto market. The latest workforce reduction will affect
New York, New York, 20th July, 2022, Chainwire NEW YORK, July 20, 2022 — Bybit is excited to announce the integration of 35+ Chainlink Price Feeds into its spot trading platform on Polygon mainnet. By integrating the industry-leading decentralized oracle network, Bybit now has access to high-quality, decentralized price
Lisbon, Portugal, 20th July, 2022, Chainwire DeFi company Zharta, has secured seed funding from leading Web3 VCs and strategic investors to accelerate its growth to meet customer demand and go to market. Zharta, creator of a lending protocol for instant NFT collateralized loans, has closed a seed round of
Daily trading volumes of Uniswap and Coinbase are nearly equal. Uniswap (UNI) traded at $7.39 with a market cap of $5,428,169,203. Despite the market condition, Uniswap’s trading volumes are now almost equal to Coinbase, overall Ethereum-based decentralized exchange (DEX) volumes are still insignificant in comparison to entire centralized exchange (CEX)
The RBA Governor says that the crypto did not have currency characteristics. RBA was investigating how the private-sector-issued tokens could work. According to Reserve Bank of Australia (RBA) Governor, Philip Lowe, the private sector will probably develop a successful stablecoin linked to official currencies rather than government bodies. In a
Customers of FTX may now trade equities in stablecoin-funded accounts. CZ said he’d rather see Binance concentrate on developing more Web3 products. Binance isn’t interested in allowing its customers to trade equities, no matter how many new ones they could bring in. It’s neither right nor wrong for cryptocurrency exchanges
The firm no longer has any commercial paper on hand. As of June 30, Circle had $42.1 billion in U.S. government bonds. A detailed analysis of the assets underlying the USDC stablecoin’s rising reserve has been made public by Circle, the payments startup behind the USDC. Circle’s Thursday report, although
