The company added that the deal was “subject to regulatory approval and customary closing conditions,” but expected to close in the third quarter of 2022. Cryptocurrency derivatives exchange FTX has entered into an agreement to purchase Canadian crypto platform Bitvo. In a Friday announcement, FTX Trading Limited said it planned to acquire Bitvo as part…
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There is not enough liquidity in centralized and decentralized exchanges combined for the troubled crypto lender Celsius to sell their Lido staked ethereum (stETH) tokens on the open market, leaving over-the-counter (OTC) transactions as the only option, according to digital assets data provider Kaiko…. Read More: Not Enough Liquidity for Celsius to Sell Staked…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Panama’s ‘Lost Crypto Opportunity’, Thailand’s Huobi Closing, Canada’s Bitvo Acquired by FTX + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: FTX Overtook Coinbase & OKX in May, Speeding Up EU Crypto Regulation + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
While some major crypto industry players are reacting to the recent market downturn with layoffs and/or freezing their hiring plans, major crypto exchange Kraken is unveiling a global hiring push with hundreds of available jobs across the world – declaring that it’s not planning to fire its employees. The company said in a statement…
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Another digital currency firm is making moves into the sports world as the Philippines crypto wallet service provider Coins.ph announced the company has partnered with the Philippine Basketball Association (PBA). The deal is the PBA’s first crypto partnership during its 47th season and the Coins.ph brand will be showcased at the premier tournament during the…
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Crypto exchange FTX is not going to slow down hiring new employees despite the adverse market conditions, because the company finds it significantly scaled its revenues and productivity during bullish times — and is pursuing its hiring plans irrespectively of the industry’s general performance, according to Sam Bankman-Fried, the company’s CEO…. Read More: ‘Strongly…
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Japan’s upper parliamentary house, the House of Councillors, has approved a legal amendment that will police stablecoin issuance and ensure that only regulated companies are allowed to issue cryptoassets…. Read More: Japanese Parliament Green-lights Stablecoin Legislation, FTX Makes Official Japanese Debut Read more »Pay, Trade, Buy Bitcoin with Credit Card
Crypto.com will have further requirements before its full license is granted in the “near-term” and FTX said the move would allow it to work “directly with Japanese regulators.” Two out of the top 10 largest cryptocurrency exchanges by volume will expand into new markets, with Crypto.com obtaining a provisional crypto license in Dubai and FTX…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Another Bitcoin Mining Scrutiny, Layoffs at Crypto Exchanges, Binance in Canada + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
