Robinhood Secures $32B Valuation in IPO, Set to Debut on Nasdaq Exchange

The shares are expected to begin trading on the Nasdaq Global Select Market on July 29, 2021, under the ticker symbol “HOOD”. Robinhood, a famous stock and crypto-trading app, is set to debut on the Nasdaq exchange on Thursday following a $32 billion valuation via its initial public offering (IPO).  In a press release from the company on Wednesday, it revealed that it has priced its offering at $38 per Class A common stock share. The $38 pricing of the company’s common stock is on the lower end of the…

Solana based cross-chain exchange Saber raises $7.7M to expand team and tokens

Solana-based cross-chain exchange Saber raised $7.7 million in a seed funding round. The platform launched last month and enables the cross-chain exchange of stablecoins and wrapped assets. Saber Labs, the development team behind Saber, announced the funding round on July 28. The development team is currently a three-person unit and the firm will use the funds to hire around seven more staff members this year. It will also expand support to more assets on the exchange. The next step for Saber is to integrate with more assets and protocols across…

Crypto Exchange Binance Plans to Be Regulated Financial Institution, Seeks CEO With Strong Compliance Background – Bitcoin News

Binance CEO Changpeng Zhao (CZ) says that his company wants “to be licensed everywhere” and “From now on, we’re going to be a financial institution.” Following warnings by a growing list of regulators worldwide, Zhao also revealed that Binance is seeking “a strong compliance background CEO to show our commitment to compliance as this is the top priority of the organization.” Binance’s CEO Unveils Company’s Regulatory Compliance Plans Binance founder and CEO Changpeng Zhao (CZ) has addressed recent compliance issues his exchange has been facing and reports of the exchange…

Bitcoin Bullish Signal: BTC Exchange Reserve Plummets

Bitcoin exchange reserve has fallen off a cliff, on-chain analysis shows. This behavior is usually a bullish indicator for the BTC market. Bitcoin All Exchanges Reserve Is Down As pointed out by a CryptoQuant post, the BTC all exchanges reserve indicator has surged downhill over the past couple of days. The Bitcoin all exchanges reserve is an indicator that shows the amount of BTC stored in wallets of all exchanges. When the metric’s value goes up, it means more investors are sending their crypto to exchanges. More BTC in exchanges…

Crypto derivatives exchange Bitget to list USDC as collateral for margin trading

Derivatives exchange Bitget is set to become one of the first exchanges to list USD Coin (USDC) as collateral for trading crypto derivatives. The development comes courtesy of a strategic collaboration between the Singaporean crypto derivatives trading service and USDC stablecoin issuer Circle, as reported by Crowdfund Insider on Monday. Bitget will support USDC margin for Quanto Swap Contract trading as part of the partnership, a move the exchange says will provide more liquidity for the market. USDC now joins Bitcoin (BTC), Ether (ETH), EOS, and XRP as accepted margins…

Huobi winds down former exchange operator in China

Stakeholders in the Chinese firm that was founded to operate cryptocurrency exchange Huobi have resolved to dissolve the entity, according to publicly available records. The firm, Beijing Huobi Tianxia Network Technology Ltd., was established in late 2013 and is 70.52% owned by Li Lin, the founder and CEO of Huobi Group. It has 10 million yuan ($1 million) in registered capital and a total of five subsidiaries.  Having passed the resolution in favor of dissolution on July 22, stakeholders will now proceed to deregister Beijing Huobi Tianxia within 45 days.…

Crypto Exchange Binance To Delist Euro, Pound Sterling and Australian Dollar-Paired Margin Trading

The global crypto exchange Binance plans to delist margin trading pairs with the Australian dollar (AUD), pound sterling (GBP) and euro (EUR).   Binance says it will suspend trading on all AUD, GBP and EUR margin pairs on August 10th, and then it will conduct automatic settlement, cancel all pending orders and delist the pairs two days later. The exchange’s chief executive Changpeng Zhao also says Binance Futures plans to reduce its users’ max leverage from 100x to 20x “over the next few weeks.” .@binance futures started limiting new users…

🚨 Urgent market update | constantly ban news in crypto market | bitcoin next ZERO or $135k?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🚨 Urgent market update | constantly ban news in crypto market | bitcoin next ZERO or $135k? about this video: crypto market update, bitcoin price analysis, my strategy this situation and cryptocurrency latest good or bad news. big reason for market crash | bitcoin next target? 25k or 40k | good time to buy crypto in deep? binance oco method or stop loss and take profit tutorial 📲This is our social media link📲 Telegram link: Bitcoin Duniya ⌨️Bitcoin Duniya Telegram Chat group⌨️…

Suspect in Alleged $330,000,000 Crypto Fraud Offers To Repay Victims in Exchange for Temporary Release

A suspect accused of masterminding a $330,000,000 crypto scheme says he might be able to repay his victims if the courts will allow him to leave prison. Javier Biosca, a Spanish national, allegedly promised hundreds of investors 25% weekly returns through a firm he ran called Algorithmics, which supposedly traded Bitcoin, Ethereum and Litecoin.   In October of 2020, however, payments to investors halted completely, and Biosca disappeared before being arrested in Malaga on June 6th. According to a report from Confi Legal, Biosca says he never had any intention…

Karura launches decentralized exchange on Polkadot and Kusama

Karura, the Polkadot implementation of the Acala protocol, has launched its decentralized exchange (DEX) platform, Karura Swap. According to the announcement issued on Friday, the DEX platform is now live, with KSM/KAR being the first trading pair on the exchange. Per details provided by the announcement, Karura Swap has gone live with an initial total value locked north of $3.4 million, with more than 1,000 unique liquidity providers (LP). The team revealed that the DEX launch highlighted the benefits of its “Bootstrap feature” that provides a liquidity sandbox for trading…