Crypto alternate OKX has expanded its custody partnership with Standard Chartered into the European Economic Area (EEA), bringing a banking-grade custody mannequin to institutional merchants in Europe. Key Takeaways: OKX expanded its custody partnership with Standard Chartered to Europe, providing bank-grade safety. The mannequin lets shoppers commerce on OKX whereas their property stay in Standard…
Kraken has acquired Small Exchange, a CFTC-regulated Designated Contract Market, from IG Group for $100 million, marking a serious step in its effort to broaden into the US derivatives market. Key Takeaways: Kraken acquired CFTC-regulated Small Exchange for $100 million to broaden its US derivatives operations. The deal permits Kraken to join spot, futures, and…
YZi Labs, the enterprise arm previously often known as Binance Labs, has led a $50 million seed spherical in Better Payment Network (BPN), a startup aiming to modernize cross-border funds utilizing stablecoins. Key Takeaways: YZi Labs led a $50 million seed spherical for BPN to construct onchain liquidity swimming pools and develop stablecoin fee infrastructure….
Binance has formally accomplished its acquisition of South Korean crypto trade Gopax, marking its return to the nation’s market after a two-year regulatory holdup. Key Takeaways: Binance has acquired last regulatory approval to finish its acquisition of South Korean trade Gopax after a two-year delay. The approval follows Binance’s $4.3 billion U.S. settlement, which eased…
BitMine Immersion Technologies meaningfully elevated its Ethereum holdings on Thursday, buying 104,336 ETH, price about $417m, in what seems to be one other push to bolster its crypto reserves. According to Lookonchain knowledge drawn from Arkham, the ETH landed in three new addresses through seven transactions hailing from two wallets tied to Kraken and BitGo….
Coinbase has taken an sudden flip by including Binance’s native token, BNB, to its official itemizing roadmap, a transfer marking the primary time the U.S. trade has proven assist for its rival’s flagship asset. The announcement got here on Wednesday when Coinbase Markets revealed that BNB had been added to the roadmap, which means buying…
Crypto asset supervisor Grayscale says Solana’s regular on-chain progress might drive its native SOL token above $260, achieved throughout the 2021 bull market peak. In its newest “Crypto’s Financial Bazaar” report, Grayscale argues that Solana leads the blockchain class in consumer depend, transaction quantity, and transaction charges. “These aren’t the solely issues that matter, however…
Weak breadth doesn’t totally seize right this moment’s tape. With the Altcoin Season Index sitting at 35, broad participation looks thin, but a number of names are pushing greater on clear exercise and usable depth. Flows are gathering the place execution is easy and the place the present narrative matches what merchants see on order…
Indonesia’s fast-growing cryptocurrency sector may grow to be a serious driver of financial development, doubtlessly including Rp260.36 trillion ($16.5 billion) to the nationwide economic system and creating up to 1.22 million new jobs. Key Takeaways: Indonesia’s crypto trade may add $16.5 billion to the economic system and create 1.22 million jobs. In 2024 alone, crypto…
One of the boys accused of abducting Ontario’s self-proclaimed “Crypto King,” Aiden Pleterski, has pleaded responsible to a number of fees over the violent 2022 kidnapping that surprised Canada’s crypto scene. Key Takeaways: Deren Akyeam-Pong pleaded responsible to 9 fees within the 2022 kidnapping of Ontario’s “Crypto King.” His responsible plea delayed the separate trials…