Tag: Exchange

Digital Assets Exchange Crypto.com Adds Support for Two Surging Altcoins

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Singapore-based digital asset exchange Crypto.com is rolling out support for two surging, low-cap altcoins. The crypto exchange listed the native token of Marlin (POND), an open protocol offering network infrastructure for decentralized internet and decentralized finance (DeFi). Marlin uses incentives to attract more applications and platforms to join the network. The POND token is used in staking and for governance. POND is trading for $0.013 at time of writing. The 416th-ranked crypto asset by market cap is up 14% in the past 24 hours and nearly 20% in the past…

Thailand’s Oldest Lender Delays Bitkub Exchange Acquisition Amid Tighter Crypto Rules – Exchanges Bitcoin News

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The company that owns Thailand’s Siam Commercial Bank has postponed a deal to acquire a majority stake in Bitkub, the country’s largest cryptocurrency exchange. The decision comes amid tightening crypto regulations that limit growth in domestic crypto trading. SCB Postpones Acquisition of Thai Crypto Exchange Bitkub The parent company of Siam Commercial Bank, SCB X, has delayed a 17.85-billion-baht ($487 million) bid to acquire 51% of the largest crypto exchange in Thailand, Bitkub. The bank, which is the kingdom’s oldest lender, postponed the deal indefinitely as Thai regulations continue to…

Spanish Crypto Exchange Bit2me Won’t Absorb 2gether Customers Due to Internal Discrepancies – Bitcoin News

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Bit2me, a Spanish cryptocurrency exchange, announced that the deal it aimed to complete with 2gether, another Spanish exchange, fell through due to internal discrepancies. The company hoped to absorb the customers of 2gether after it blocked operations, forcing users to pay €20 to keep using the platform after having declared it could no longer provide free services earlier this month. Bit2me Drops 2gether Customer Absorption Deal Spanish cryptocurrency exchange 2gether is still facing difficulties after it blocked its customers’ access to its platform earlier this month. Bit2me, another…

Turkish crypto exchange joins COPA to fight against ‘patent trolls’

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Major Turkish crypto exchange BtcTurk has joined the crypto patent alliance (COPA) to team up with prominent firms in their mission to provide open access to patents and empower the adoption of crypto technologies.  COPA aims to abolish patents as it’s perceived as an obstacle to innovations within the sector. The nonprofit favors a more communal approach when it comes to intellectual property. Its members include prominent crypto firms like prominent firms like Coinbase, Block and Aquarius. Apart from crypto-native companies, firms like Microstrategy and Meta have also joined COPA.…

EHOLD Group Acquires Argentinian Crypto Exchange C-Patex

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Latin America is currently dominating the world regarding integrating cryptocurrency into daily life. In 2021, the value of the South American crypto market exploded from $68 million to an incredible $650 million, a ten-fold increase. Such significant growth has attracted the attention of major global blockchain companies to the region. Known for its successful cases in the field of creating and promoting cryptocurrency exchanges, the EHOLD group couldn’t resist building on its success and acquired the Argentine exchange C-Patex to exploit the opportunities in the region to their fullest. Diego…