FTX Legal Department Jumps Ship, Binance Deal Fizzles Out
[ad_1] The FTX drama continues as the deal with its competitor Binance falls apart. According to several reports, employees at the platform are fleeing amid growing concerns about a massive $6 billion hole on the company’s balance sheet. A report from Semafor indicates that FTX’s legal and compliance staff...
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FTX US Deal with Voyager Offers 72% Funds Recovery
[ad_1] According to court documents from this week, clients of the bankrupt crypto lender, Voyager Digital might have a chance to recover some of their funds. Under a preliminary deal with FTX US, a cryptocurrency exchange Cryptocurrency Exchange A cryptocurrency exchange is an online platform that supports the exchange...
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Google and Coinbase strike a deal, BNY Mellon begins crypto custody and WisdomTree’s Bitcoin ETF gets denied: Hodler’s Digest, Oct. 9-15
[ad_1] Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Starting in early...
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Siam Commercial Bank Scraps $500M Acquisition Deal of Crypto Exchange Bitkub
[ad_1] Thailand’s oldest lender, Siam Commercial Bank (SCB) has abandoned the deal to acquire a controlling stake in Bitkub Online, the country’s largest cryptocurrency exchange Cryptocurrency Exchange A cryptocurrency exchange is an online platform that supports the exchange of various currencies for a cryptocurrency or digital asset.Comparable to a...
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Fintech Firm Arranges the First Digital Asset Deal in Russia
[ad_1] VTB Factoring, a subsidiary of Russia’s state-owned bank VTB, announced on Wednesday that it conducted the first cash-backed major transaction with crypto assets. Take Advantage of the Biggest Financial Event in London. This year we have expanded to new verticals in Online Trading, Fintech, Digital Assets, Blockchain, and...
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Legal battle avoided after YGG and Merit Circle DAO agree to a deal
[ad_1] A potential legal battle has been prevented between the Merit Circle decentralized autonomous organization’s (DAO) backing company Merit Circle Ltd and Yield Guild Games (YGG) after the organizations reached a deal after the DAO originally voted to remove YGG. Merit Circle Ltd is a company that created the...
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Why the FTX.US/LedgerX Deal Indicates Crypto M&A Might Start Booming
[ad_1] September 3, 2021by Laura Shin Steven Ehrlich, director of research for digital assets at Forbes, discusses the FTX.US-LedgerX merger, what to expect from FTX going forward, DeFi regulation, and more. Show highlights: why the FTX.US acquisition of derivatives platform LedgerX is significant how FTX.US stacks up against other...
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