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Crypto.com to acquire two US exchanges for derivatives and futures offerings

Global crypto exchange Crypto.com is looking to strengthen its foothold in the United States with the acquisition of IG Group's stakes in two exchange platforms.Crypto.com announced that it is purchasing the U.S.-regulated North American Derivatives Exchange (Nadex) and the Small Exchange for a reported $216 million. The deal is expected

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Olympus DAO chases a new ATH after fresh bond offerings and partnerships

The rapidly evolving world of blockchain technology offers a wide range of approaches and tokenomic models aimed at solving the blockchain trilemma of creating a decentralized, stable and secure network. One tokenomic model that has seen several variants over the past year is the 'rebase' model, which is designed in

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Custodian Cobo Wallet Closes $40M Series B to Expand Institutional DeFi Offerings

Singapore-based crypto custodian Cobo Wallet raised $40 million in a Series B round led by DST Global, A&T Capital and IMO Ventures.The funds will be used for Cobo’s so-called “DeFi as a Service (DaaS)” product. Speaking to CryptoX, COO Lily Zhuo described the product as a one-stop solution for institutions

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SEC takes action against Chinese billionaire’s companies over $500M offerings

The United States Securities and Exchange Commission (SEC) has charged three of Chinese billionaire Guo Wengui’s companies over an initial coin offering (ICO) and initial public offering (IPO) that fetched around $487 million combined. The infamous Wengui, also known as Miles Kwok or Miles Guo, is an exiled Chinese businessman

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Bitfinex To Roll Out Security Token Offerings (STOs) Platform In Kazakhstan

The new Bitfinex STO trading platform is now ready to operate in Kazakhstan. It will allow investors access the tokenized securities and blockchain-based equities. Popular Bitfinex cryptocurrency exchange has announced its plans to launch a trading platform that focuses on STOs (Security Token Offerings). Bitfinex recently announced that they scheduled the new

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Asia’s Newest Unicorn, Amber Group, Accelerates Global Expansion to Bring Crypto Offerings to New Regions

Amber Group, the leading crypto trading and technology firm, announced today it will be dedicating significant resources toward expanding its geographic reach across the globe to help support customers in over 140 different countries and regions. After reaching unicorn status with its latest $100 million fundraise, Amber Group boosted its

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