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Major cryptocurrency wallet and data service Blockchain.com is expanding in Latin America by acquiring SeSocio, a major crypto company based in Argentina.One of the biggest investment platforms in Latin America, SeSocio will now merge with Blockchain.com to help them scale operations across the region, the firm officially announced Nov. 30.As
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BusinessCrypto.com will use the acquisition as a gateway to trade certain derivatives and futures products for U.S.-based customers.By Jamie CrawleyDec 1, 2021 at 8:52 a.m. UTCUpdated Dec 1, 2021 at 8:52 a.m. UTCCrypto.com CEO Kris Marszalek (CryptoX Archives) Source
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Cryptocurrency exchange Coinbase will acquire cryptographic security company Unbound Security in a move that will also have the U.S. company launch a research facility in Israel.In a Tuesday blog post, Coinbase said it would be purchasing Unbound to gain access to its cryptographic security experts as well as establish a
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Kristin Smith, the executive director of the Blockchain Association, told CryptoX the funds would serve to “turbocharge” the organization by giving it the financial flexibility needed to hire additional staff, host more events and function at the same level as lobbying groups for other industries. Source
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The protocol currently offers fixed-rate borrowing of USD coin (USDC) and DAI for up to one year, and wrapped bitcoin (wBTC) and ether (ETH) borrowing for up to six months. It has received three independent audits from ABDK Consulting, Certora and Code Arena, according to a press release. Source
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Hong Kong, one of the most significant and leading financial centers in the world, has played a large role in the development of cryptocurrencies. For instance, the Chinese territory has birthed some of the most established and successful crypto companies to date including the crypto derivatives exchange FTX, along with
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Singapore is reportedly the next port of call for Kakao’s globalization agenda for its legacy blockchain platform Klatyn.According to a report by The Korea Herald on Monday, Kakao has established two new blockchain-based entities — the Klatyn Foundation and Krust — in the city-state. The Klatyn Foundation is a non-profit
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The Binance Liquid Swap platform is an automated market maker (AMM) pool product and hosts different pools of liquidity that allow its users to exchange crypto assets. Major cryptocurrency exchange Binance has bolstered its presence in the decentralized finance world with the launch of Binance Liquid Swap. The Binance Liquid Swap
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As part of its Russian expansion plans, Seychelles-based exchange Huobi Global appointed Vladimir Demin as the company’s chief advisor. His main role will be to help develop the company’s market in the region.According to the announcement, he had previously served as partner and CEO of Huobi Russia.Demin believes that market
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