Cryptocurrency Analysis and News Portal
JPMorgan’s managing director Tyrone Lobban noted that the new system has processed over $900 billion in assets since launch. Top executives from US-based financial services companies JPMorgan Chase and Apollo Global Management have revealed their plans for the tokenized enterprise mainnet, developed in collaboration with the Monetary Authority of Singapore (MAS). The
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Following his recent guilty plea and forthcoming sentencing, former Binance CEO Changpeng Zhao has outlined potential next steps, including crypto investments in biotech research. Changpeng Zhao announced his resignation as CEO of Binance after leading the cryptocurrency exchange since its inception. This news comes on the heels of a settlement with
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As part of the agreement, CZ was slated to remain in detention for 18 months. However, the former head of Binance was released in less than 24 hours. Changpeng Zhao (CZ), the former CEO of the world’s largest cryptocurrency exchange, Binance, stepped down on Tuesday, November 21, as part of a
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Proprietary trading system operator Osaka Digital Exchange (ODX) is set to kickstart the trading of digital securities in Japan through security tokens issued by two real-estate firms to fill the demand for alternative assets. In an announcement, ODX said that its trading system for security tokens commences on Dec. 25. Ichigo
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Tether is planning a large-scale expansion into Bitcoin (BTC) mining, according to Paolo Ardoino, who is expected to take the helm at the company soon.The stablecoin firm may spend around $500 million in the next six months on the construction of mining facilities and investments in other miners, Ardoino told
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The same mission is also scheduled to carry a physical bitcoin token in an initiative planned by crypto exchange BitMEX, which was announced in May. It will also carry a copy of the Genesis Block, the first block of bitcoin (BTC) to be mined, commissioned by Bitcoin Magazine. Source
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The in-principle approval for a new Paxos Digital Singapore Pte. Ltd. entity from the Monetary Authority of Singapore allows the firm to offer its services to customers under the Payments Services Act (PSA) while awaiting full approval, the statement said. Upon receiving full approval to conduct business in Singapore, Paxos
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Cryptocurrency trading platform Bitget has dropped plans to obtain a Virtual Asset Trading Platform (VATP) license in Hong Kong, citing business and market-related considerations.Bitget officially announced on Nov. 13 that its Hong Kong division, BitgetX, accessible by the domain BitgetX.hk, will cease operations by Dec. 13, 2023.As Bitget decided not
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The IPO would mark the first such listing by a Korean crypto exchange. There were reports in 2020 that Bithumb was considering a share sale, though it denied them at the time. Bithumb is aiming to boost its market share and close the gap on fellow exchange Upbit, which has
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Crypto exchange Bithumb plans to become the first digital asset company to go public on the South Korean stock market. Local news outlet Edaily reported on Nov. 12 that Bithumb is getting ready for an initial public offering (IPO) on the KOSDAQ — South Korea’s version of the United States Nasdaq
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