Bankrupt cryptocurrency exchange FTX used its own token, FTT, to fund the purchase of a majority stake in trading platform Blockfolio in 2020, Bloomberg reported Thursday. Author: Jamie Crawley Source link
Author: Jamie Crawley
Peer-to-Peer Crypto Marketplace Paxful Removes ETH From Platform
Peer-to-peer bitcoin (BTC) marketplace Paxful has removed ether (ETH) from its platform, with CEO Ray Youssef describing it as “essentially a digital form of fiat.” Author: Jamie Crawley Source link
Binance Enters Japan With Acquisition of Regulated Crypto Exchange Sakura
Binance bought Sakura Exchange BitCoin (SEBC), a Japanese crypto exchange regulated by the country’s Financial Services Agency (FSA), for an undisclosed amount. Author: Jamie Crawley Source link
Crypto Exchange Huobi Denies Rumors It Will Merge With Poloniex
Cryptocurrency exchange Huobi has said rumours that it will merge with Poloniex are “categorically untrue.” Author: Jamie Crawley Source link
Tether Cut Commercial Paper Reserve by 17% in Q1
Tether reduced its commercial paper holdings by 17% from $24.2 billion to $19.9 billion in the quarter ended March 31, according to it latest attestation report. Author: Jamie Crawley Source link
FTX US Reveals New York Trust Charter Application
FTX US has applied for a trust charter with the New York financial services regulator which would allow it to operate in New York and offer its products to users. Author: Jamie Crawley Source link
Crypto Trading Firm Talos Raises $105M from Citi, Wells Fargo, Among Others
Crypto trading engineering firm Talos has raised $105 million in Series B funding led by U.S. financial services giants Citi, Wells Fargo and BNY Mellon among the new investors. Author: Jamie Crawley Source link
Amberdata Raises $30M to Accelerate Crypto, DeFi Data Delivery
Amberdata, a provider of digital asset data to financial institutions, has raised $30 million in Series B funding, with Coinbase and Nexo among the investors. Author: Jamie Crawley Source link
Finland Selects Coinmotion, Tesseract as Brokers for Ukraine Bitcoin Donations
Finland’s government has selected two local digital asset service providers – Coinmotion and Tesseract – to act as brokers for its planned bitcoin donation to Ukraine. Author: Jamie Crawley Source link
World's First Combined Bitcoin, Gold ETP Listed on SIX
The world’s first exchange-traded product (ETP) that combined exposure to bitcoin and gold has been listed on the Swiss SIX stock exchange. Author: Jamie Crawley Source link