Coinspeaker Intercontinental Exchange Parts Ways with Coinbase, Sells Its Stake for $1.2 Billion Intercontinental Exchange Inc (NYSE: ICE), the owner of the New York Stock Exchange has revealed it has sold its stake in the recently listed cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN). As revealed in the company’s earnings call on Thursday, Chief Financial […]
Biden’s capital gains tax plan to pull crypto down to earth from the moon?
More taxes may cause short-term volatility, “but long term, you may see more demand for DeFi applications and other collateralized use cases.” There are often multiple causes for an asset’s sharp decline, but Bitcoin’s (BTC) 10% “nosedive,” which took place on April 22, may be blamed on the Biden Administration’s reported plan to tax capital […]
MicroStrategy sees up to 52% revenue surge as Saylor confirms more Bitcoin buys ahead
New figures show certain revenue sectors boomed by over 50% in Q1 2021 compared to the same quarter last year. MicroStrategy, the company which owns over 91,000 Bitcoin (BTC), saw an astounding surge in revenues in Q1, its latest figures confirm. In a press release on April 30, CEO Michael Saylor revealed that the company’s […]
Crypto converts JPMorgan, DBS, Temasek pivot to blockchain for interbank remittances
American investment bank JPMorgan has teamed up with Singaporean DBS Bank and holding company Temasek to develop a blockchain-based interbank remittance system, dubbed Patrior, that aims to soothe some of the most common “pain points” in the sector. “We believe a shared ledger infrastructure such as the Partior platform will change the way payments are […]
Chia Network IOU (XCH) Secures Listing on Gate.io
Coinspeaker Chia Network IOU (XCH) Secures Listing on Gate.io Chia Network IOU is getting listed on Gate.io with trading starting on Apr.30, 2021, 07:00 UTC. The Gate.io team noted that Chia tokens (XCH) are not yet transferable as it is still in the pre-minting phase. All Chia tokens circulating are pre-deposit from miners which are […]
Turkish Court Jails Suspects In Thodex Cryptocurrency Exchange Probe
A Turkish court has jailed suspects connected to the Thodex cryptocurrency exchange as its regulatory actions around bitcoin intensify. According to a recent report from Reuters, a Turkish court has jailed six suspects as part of its investigation into local cryptocurrency exchange Thodex. The group of suspects, who are reportedly being held pending trial, include […]
Turkish Crypto Trading Platform Announces Partnership With Venture Capital Trust
Turkish venture capital trusts and management consultant firms Hedef Girişim Sermayesi Yatırım Ortaklığı A.Ş. and İdealist Danışmanlık A.Ş have partnered up with ICRYPEX cryptocurrency exchange and will aquire 30% of the exchange. ICRYPEX is one of Turkey’s leading cryptocurrency exchanges, and despite the recent economic and regulatory changes in the country, investor support in crypto […]
GoldenPeaks Capital and Eiffel Investment Group Announces a 35M Bridge Facility
E-Crypto News’ update provides the latest articles on technology and cryptocurrencies. e-cryptonews.com Continue reading GoldenPeaks Capital and Eiffel Investment Group Announces a 35M Bridge Facility at E-Crypto News.
Coinbase to acquire skew crypto data analytics platform
Some of skew’s institutional clients include One River Asset Management and Susquehanna International Group. United States’ cryptocurrency giant Coinbase has acquired institutional-grade blockchain data analytics platform skew. Greg Tusar, vice president of institutional products at Coinbase, announced the news Friday, stating that the new acquisition will help customers make more informed trading decisions using real-time data […]
Hotbit crypto exchange shuts down for maintenance after attempted hack
The Chinese crypto exchange says funds are “SAFU” and that the emergency maintenance could take up to two weeks. Cryptocurrency exchange platform Hotbit has shut down all of its services after an attempted cyberattack on Thursday. “Hotbit just suffered a serious cyber-attack starting around 08:00 PM UTC, April 29, 2021, which led to the paralyzation […]