Cryptocurrency Analysis and News Portal
The six closures have combined assets under management (AUM) of less than $700,000. 21Shares has announced that it will immediately cease offering six of its crypto exchange-traded products. According to a company spokesperson, the decision follows after the firm’s realization that these particular products are in low demand. Of the six
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Binance is scrambling to find a new service partner to process British Pound (GBP) transfers on its trading platform after its current partner, Skrill Limited announced it will soon cease providing services to the crypto exchange. Binance explained in a Mar. 13 email to “Binancians” that Skrill would stop processing GBP
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This deal will help Amazon expand its footprint in the healthcare market. Amazon CEO Andy Jassy said that the healthcare industry is set for a disruption amid the complexities of primary care and longer appointment times. On Wednesday, February 22, e-commerce giant Amazon announced that it closed the deal of acquiring
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press release PRESS RELEASE. On 21st February, BitFuFu will announce the launch of the ANTMINER coupons trading function at the WDMS conference. ANTMINER coupons are issued by the world’s leading miner manufacturer BITMAIN, which can be used to offset the purchase order amount of ANTMINER produced which was sold
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BCB, based in London, is a banking partner for investors in foreign exchange and crypto, allowing them to load fiat currency and cryptocurrencies for payments, operations and trading purposes. Talos’ end-to-end trading platform offers market connectivity, smart order routing and execution algorithms. Original Source
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Taurus, a digital asset infrastructure provider for financial institutions in Europe, has raised $65 million in a Series B capital raise led by Credit Suisse. The funding round also saw participation from several other institutional investors, including Deutsche Bank, Pictet Group, Cedar Mundi Ventures, Arab Bank Switzerland, and Investis. According to
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Taurus says it works with more than 25 financial institutions, including Credit Suisse and Deutsche Bank, as well as Arab Bank Switzerland and Pictet Group, who also joined the funding round. Taurus offers custody, tokenization and trading of digital assets, including support for staking, decentralized finance (DeFi). Original Source
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press release PRESS RELEASE. Global crypto exchange LBank has registered as a Virtual Asset Provider with Italian regulator Organismo degli Agenti e dei Mediatori (OAM). The regulatory approval allows the exchange to offer a range of services and products to Italian users. On the 1st of February 2023, LBank completed its
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“The advancement of the technology backing stablecoins is a necessary component to unlock the future of finance,” said Johann Eid, vice president of Go-To-Market at Chainlink Labs, the developer firm behind Chainlink. “As more and more traditional financial institutions partner with MakerDAO and assess the applicability of DeFi, the required
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Max Levchin, the CEO of buy-now-pay-later company Affirm, has confirmed that they will be shutting down their “Affirm Crypto Program” amid dampening consumer spending and a changing macroeconomic environment.The CEO released a letter to shareholders on Feb. 8 alongside a 19% staff cut. He cited uncertain macroeconomic conditions and the
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