Revolut, a London-based fintech startup that facilitates cryptocurrency trading, witnessed a 33% increase in revenue in 2022, according to the company’s chief financial officer. In spite of the bear market in cryptocurrencies last year and generally poor macroeconomic circumstances, it managed to achieve great outcomes. Revolut’s Chief Financial Officer Mikko
After making significant acquisitions in February, Ark Invest, an investment management business managed by Cathie Wood, continued its purchasing binge in March, adding additional Coinbase shares to its portfolio. Having just released Base, an Ethereum Layer-2 blockchain, and having purchased One River Digital Asset Management, investors are looking favorably on
Binance has announced that it would be working with law authorities on a new Anti-Scam initiative. The crypto exchange platform released a statement announcing the cooperation, which will see the newly created cyber security measures roll out worldwide. According to the press release, the partnership with the Hong Kong Police
One River Digital Asset Management is a top institutional digital asset manager and SEC-registered investment advisor, and it was recently bought by Coinbase Global Inc., the biggest cryptocurrency exchange in the United States. As a result of the purchase, One River will serve as Coinbase Asset Management’s flagship operation, advising
The third-most visited cryptocurrency exchange in the world, Bybit, has announced an exciting cooperation with Talos, the leading supplier of institutional digital asset trading technology. The integration combines the strength of Bybit’s access to a broad range of digital assets and best-in-market enterprise solutions, such as trading execution with accuracy, with
During the seventh round of the LUNC burn mechanism, the biggest cryptocurrency exchange in the world, Binance, burnt a substantial number of LUNC tokens. At long last, the Terra Luna Classic community may once again enjoy Binance LUNC burns. The burn transaction shows that 8.85 billion Terra Luna Classic (LUNC)
In an announcement made today, Coinbase, the biggest cryptocurrency exchange in the United States by trading volume, said it would no longer process transactions to or from Silvergate bank. Coinbase has said that “out of an abundance of caution” and in light of recent events involving the San Francisco-based crypto
The former FTX director of engineering, Nishad Singh, has reportedly entered a guilty plea to criminal charges in the United States, as reported by Reuters. During today’s hearing, Singh’s solicitor revealed his client’s decision to plead guilty. The former director was accused of fraud related to the bankruptcy exchange platform
The Euro-backed stablecoin EUROC is now available on Coinbase. Circle mints Euro Coins, which are completely backed by the Euro. In addition, it enters the cryptocurrency market at a time of heightened tension. Between stablecoin producers and the Securities and Exchange Commission (SEC) of the United States. Since customers of
According to reports, Yuzo Kano, co-founder of Japan’s prominent cryptocurrency platform BitFlyer, plans to return to the company’s helm as CEO. Finally, he hopes to lead the company to an IPO and end the conflict between the existing management and the shareholders. Bloomberg reports that the 47-year-old Japanese entrepreneur has
