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Binance Offers To Buy FTX Exchange Amid Liquidity Crises
Binance Offers To Buy FTX Exchange Amid Liquidity Crises
News  •  Altcoins  •  Nov 08, 2022 by Deniz Saat

Following a liquidity crisis at FTX, CEO Sam Bankman-Fried announced that Binance will likely acquire FTX Exchange, pending due diligence. Bankman-Fried confirmed the agreement in a tweet this morning. https://twitter.com/SBF_FTX/status/1590012124864348160 Shortly after the announcement, Binance CEO Changpeng Zhao tweeted that FTX asked for help

U.S. Department of Justice Seized $3.36 Billion Worth of Bitcoin Related to Silk Road Marketplace
U.S. Department of Justice Seized $3.36 Billion Worth of Bitcoin Related to Silk Road Marketplace
News  •  Bitcoin  •  Nov 07, 2022 by Deniz Saat

According to a press release, the U.S. Department of Justice has confiscated approximately $3.36 billion in Bitcoin associated to Silk Road that has been missing since 2012.  Property developer James Zhong, who stole 51,680.32473733 BTC from Silk Road, has admitted to committing wire fraud in order

Japanese Bank Set to Launch Bitcoin Trading in 2023
Japanese Bank Set to Launch Bitcoin Trading in 2023

According to a report from Blockworks, Laser Digital, the recently established Bitcoin and cryptocurrency division of Nomura, Japan’s largest brokerage and investment bank, aims to increase its staff in order to expand its range of services. A Bitcoin trading platform for institutional clients is expected to go live in

News  •  Bitcoin  •  Nov 09, 2022
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Japanese Bank Set to Launch Bitcoin Trading in 2023
Japanese Bank Set to Launch Bitcoin Trading in 2023

According to a report from Blockworks, Laser Digital, the recently established Bitcoin and cryptocurrency division of Nomura, Japan’s largest brokerage and investment bank, aims to increase its staff in order to expand its range of services. A Bitcoin trading platform for institutional clients is expected to go live in

News  •  Bitcoin  •  Nov 09, 2022
Binance Offers To Buy FTX Exchange Amid Liquidity Crises
Binance Offers To Buy FTX Exchange Amid Liquidity Crises

Following a liquidity crisis at FTX, CEO Sam Bankman-Fried announced that Binance will likely acquire FTX Exchange, pending due diligence. Bankman-Fried confirmed the agreement in a tweet this morning. https://twitter.com/SBF_FTX/status/1590012124864348160 Shortly after the announcement, Binance CEO Changpeng Zhao tweeted that FTX asked for help

News  •  Altcoins  •  Nov 08, 2022
U.S. Department of Justice Seized $3.36 Billion Worth of Bitcoin Related to Silk Road Marketplace
U.S. Department of Justice Seized $3.36 Billion Worth of Bitcoin Related to Silk Road Marketplace

According to a press release, the U.S. Department of Justice has confiscated approximately $3.36 billion in Bitcoin associated to Silk Road that has been missing since 2012.  Property developer James Zhong, who stole 51,680.32473733 BTC from Silk Road, has admitted to committing wire fraud in order

News  •  Bitcoin  •  Nov 07, 2022
CleanSpark Mines Record Number of Bitcoin in October
CleanSpark Mines Record Number of Bitcoin in October

An energy company turned Bitcoin miner, CleanSpark Inc., generated a record number of new BTC in October 2022. The company said in a statement that it mined 532 Bitcoin during last month which is an increase of roughly 20% from September. CleanSpark also shared improvements made on their immersion cooling

News  •  Bitcoin  •  Nov 03, 2022
South African Retailer Pick n Pay Will Accept Bitcoin Payments
South African Retailer Pick n Pay Will Accept Bitcoin Payments

South African food retailer, Pick n Pay, has announced that it will start accepting Bitcoin payments in 39 stores across major cities before gradually rolling out the feature to all of its 2,000 branches in the coming months.  The new payment gateway will allow customers to pay for groceries

News  •  Bitcoin  •  Nov 02, 2022
Simplify Asset Management Launches Bitcoin ETF With Income Strategy
Simplify Asset Management Launches Bitcoin ETF With Income Strategy

The most recent addition in the Bitcoin ETF market is Simplify Asset Management’s Simplify Bitcoin Strategy PLUS Income ETF (MAXI). The company was co-founded by CEO Paul Kim and CIO David Burns in February 2020 and focuses on options-based investing strategies for advisers. Brian Kelleher, the firm’s Chief

News  •  Bitcoin  •  Nov 01, 2022
Bitcoin Derivatives Exchange Raises $2.4M To Build ‘Lightning-native’ Financial Products
Bitcoin Derivatives Exchange Raises $2.4M To Build ‘Lightning-native’ Financial Products

Bitcoin derivatives exchange, Kollider, has raised $2.4 million, which it intends to use for expanding and building its own Lightning-native financial tools. The money was raised in a seed funding round featuring Lemniscap, Polychain Capital, Okex, Pfeffer Capital, Alemada Ventures, and other investors.  Lighting-native Derivatives Exchange The company’s

News  •  Bitcoin  •  Oct 28, 2022
Hong Kong Set To Legalize Retail Bitcoin Trading
Hong Kong Set To Legalize Retail Bitcoin Trading

According to a report from Bloomberg, Hong Kong intends to legalize Bitcoin and cryptocurrency retail trading which goes against the city’s position over the last few years and China’s ban on these types of services. Hong Kong and many other regulatory agencies of the government want to develop

News  •  Bitcoin  •  Oct 27, 2022
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