Several Important Scenarios for Using Cryptocurrencies

The post Several Important Scenarios for Using Cryptocurrencies appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Since their invention, cryptocurrency assets have come a long way. Originated as a peer-to-peer payment system, digital currency expanded spheres of usage that have spread far beyond its original purpose. Today, few people will argue […]

Safello Planned Initial Public Offering (IPO) Oversubscribed by 1,240%

Coinspeaker Safello Planned Initial Public Offering (IPO) Oversubscribed by 1,240% Safello Group, the Swedish cryptocurrency broker, has announced that its initial public offering (IPO) has recorded an oversubscription of 1,240%. The company’s initial offering of new shares worth 40.5 million Swedish kronor (almost $4.8 million) was met with subscription bids of up to 502 million […]

In Bitcoin Space’s Largest-Ever Deal, Galaxy Digital Will Buy BitGo For $1.2 Billion

In the largest-ever acquisition of a bitcoin services company, Galaxy Digital is buying BitGo for $1.2 billion. Bitcoin-focused asset management firm Galaxy Digital will be acquiring digital asset custody provider BitGo for $1.2 billion — the largest-ever acquisition of a company offering bitcoin services. “The acquisition will make Galaxy Digital a crypto-focused financial-services firm with […]

South Korean regulators seek to tighten grip on cryptocurrencies

South Korean regulating authorities are now asking financial institutions such as banks to provide full details of their cryptocurrency businesses, and in particular their dealings with cryptocurrency exchanges in the country. The news comes as South Korean authorities attempt to investigate illegal activities in the cryptocurrency sector.  According to media reports in the country, South […]