Tag: Exchange

Crypto Exchange Bullish Led by Former NYSE President Buys 100% of CoinDesk

100% of Coindesk stocks were acquired by Bullish, a cryptocurrency exchange run by former NYSE President. Just recently it has been revealed that Bullish, a crypto exchange that is led by former NYSE President Tom Farley,  has bought 100% of CoinDesk stocks.  It is known that it was an all-cash deal. However, financial terms remain undisclosed. Speaking on this strategic move, Tom Farley stated: “With its acclaimed editorial coverage, premier events and market-leading data and indices, CoinDesk continues to shape the global crypto and blockchain ecosystem. Bullish will immediately inject…

Japanese exchange plans to start digital securities trading on Dec. 25

boss

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 Inc., a Tokyo-based company, is reportedly planning to sell over $20 million in securities backed by property investments. Apart from Ichigo, Kenedix Inc. is also planning to offer digital securities within the ODX platform. Security tokens are digital assets…

SBI and SMFG’s Osaka Digital Exchange to Start Japan Digital Securities Trading

Around 3 billion yen ($20 million) worth of tokenized securities will be issued by real estate firm Ichigo Owners, according to an SBI Holdings press release. The Ichigo Residence Token will be invested “in six highly convenient rental residential properties with excellent access to the city center, and is expected to be the largest issue price ever for an Ichigo Group security token,” the statement said. Source

SBI and SMFG’s Osaka Digital Exchange to Start Japan Digital Securities Trading

CryptoX – Cryptocurrency Analysis and News Portal Around 3 billion yen ($20 million) worth of tokenized securities will be issued by real estate firm Ichigo Owners, according to an SBI Holdings press release. The Ichigo Residence Token will be invested “in six highly convenient rental residential properties with excellent access to the city center, and is expected to be the largest issue price ever for an Ichigo Group security token,” the statement said. Source The post SBI and SMFG’s Osaka Digital Exchange to Start Japan Digital Securities Trading appeared first…

Top US Crypto Exchange Coinbase Introduces New On-Chain Payments Protocol

boss

Top US-based crypto exchange platform Coinbase is announcing a new on-chain payments protocol. In a new company blog post, Coinbase says that it’s setting a new standard for on-chain payments that will make them cheaper and faster for consumers. According to Coinbase, the open-source update will ensure “clarity, reliability, and a consistent experience for all users,” greatly enhancing the payment process for both merchants and customers. “At Coinbase we believe that on-chain is the new online. Just like the internet broke down barriers, democratized access to information and made knowledge…

Former FTX Employee Sues Bankrupt Crypto Exchange Seeking $275,000 in Unpaid Bonus: Court Docs

boss

A former FTX employee who was hired to work with the fallen crypto empire’s charity wing is taking legal action to get his unpaid 2022 bonus. In a new court document filed on November 13th, Ross Rheingans-Yoo says that FTX still owes him $275,000 of the $650,000 that he was supposed to receive as a bonus last year. “The Debtors paid Rheingans-Yoo $375,000 cash out of his $650,000 first-half 2022 bonus on or around September 15, 2022. However, the Debtors did not pay the remaining $275,000 in cash.” The filing…

Binance to launch Thai exchange in joint venture with local energy giant

boss

Binance will publicly roll out a Thailand-based crypto exchange in early 2024 via a joint venture with local energy giant Gulf Energy Development. A Nov. 15 Stock Exchange of Thailand filing by Gulf Energy said the venture, called Gulf Binance, will initially be available on an invitation-only basis with a public rollout by early 2024, with the firm receiving Securities and Exchange Commission approval on Nov. 10. A Binance spokesperson confirmed to Cointelegraph that the platform has initially launched as an invitation-only exchange and would give more details as information…

Exchange Inflows Hit $1.2 Billion In Past Month

On-chain data shows exchanges have registered Bitcoin deposits of about $1.2 billion in the past month. Bitcoin Exchange Supply Has Seen A Significant Increase In The Past Month As explained by analyst Ali in a new post on X, exchanges have seen hefty inflows recently. The relevant indicator here is the “balance on exchanges,” which keeps track of the total amount of Bitcoin in the wallets of all centralized exchanges. When this metric’s value rises, these platforms are receiving a net amount of deposits right now. Generally, one of the…