CryptoX – Cryptocurrency Analysis and News Portal Singapore-based Bybit bought almost a third of the 16 billion won of convertible debt T-Scientific issued at the end of last month. T-Scientific (057680) is listed on the South Korean stock exchange. Convertible debt is a fixed-income security that pays interest, but can be converted into equity under certain conditions. Original Source The post Crypto Exchange Bybit Spends $3.8M on Bithumb Shareholder T-Scientific’s Convertible Debt appeared first on CryptoX. CryptoX Portal
Tag: Exchange
Tel Aviv Stock Exchange Unveils New Digital Strategy
The latest decision to include crypto in the TASE strategic plan underscores the nation’s attitude towards digital assets and its potential in traditional finance. The Tel Aviv Stock Exchange (TASE) has today announced a new strategic plan that’ll span 2023-2027. The exchange’s previous plan published when CEO, Ittai Ben-Zeev, took office resulted in strong financial gains and TASE will look to build on that. Specifically, it grew its profit margin from 9% in 2017 to about 25% in the first half of 2022. Revenue from services also grew annually by…
Leo Messi Becomes Bitget Crypto Exchange Ambassador
Bitget, a major cryptocurrency platform, announced on Monday that it had signed a partnership agreement with Lionel (Leo) Messi, one of the most popular football players worldwide and a holder of record-breaking Ballon d’Or Awards. 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 Payments. According to the press release, the partnership will allow Messi fans to explore the potential of cryptocurrency trading and Web3 opportunities. For Messi, the recipient of six European Golden…
Pan-African crypto exchange Yellow Card wins virtual asset license
African crypto exchange Yellow Card has received significant regulatory approval to continue expanding its operations across the continent. Yellow Card has obtained a virtual asset service provider license (VASP) from the Non-Bank Financial Institution Regulatory Authority of Botswana (NBFIRA), according to the announcement on Oct. 19. The new license officially authorizes Yellow Card to allow its customers buy and sell Bitcoin (BTC), Ether (ETH) and Tether (USDT) stablecoin with the local fiat currency, Botswana pula. According to Chris Maurice, CEO and co-founder of Yellow Card, the new license opens up greater opportunities…
El exchange de criptomonedas Bit2Me adquiere la empresa de desarrollo de software Dekalabs
Leif Ferreira, CEO de la compañía, había comentado en ese momento que la empresa estaba planeando sumar 250 empleados, a pesar del comienzo de las desafiantes condiciones que presenta la industria de las criptomonedas. “En un contexto donde se están dando muchos despidos, ahora es el momento de aguantar y construir”, sostuvo. “Las criptomonedas no se van a detener, no importa cuánto caigan los precios”. Source
Tel Aviv Stock Exchange to Set Up Platform for Digital Assets
The institution will explore various technologies that underpin digital asset markets as it looks to enter the crypto world. Source
Crypto Exchange Bit2Me Acquires Software Development Company Dekalabs
CEO Leif Ferreira said at the time that the company planned to add 250 employees, despite the onset of challenging conditions in the crypto industry. “In a context of many layoffs, now is the time to hold and build,” he said.. “Crypto is not going to stop, no matter how much prices have fallen.” Source
LBank Exchange Will List VNX Gold (VNXAU) on October 25, 2022 – Press release Bitcoin News
press release PRESS RELEASE. INTERNET CITY, DUBAI, Oct. 24, 2022 – LBank Exchange, a global digital asset trading platform, will list VNX Gold (VNXAU) on October 25, 2022. For all users of LBank Exchange, the VNXAU/USDT trading pair will be officially available for trading at 10:00 UTC on October 25, 2022. Utilizing the blockchain technology to tokenize the physical gold, VNX Gold (VNXAU) provides the reliability of gold with the flexibility of a crypto asset and enables users to buy and sell the purest gold from anywhere in the world.…
Collapsed Australian Crypto Exchange ACX Allegedly Used Customer Funds to Run Business
Blockchain Capital – which operated the ACX crypto exchange that collapsed last year – used customer deposits to fund another part of its business instead of keeping the money in reserve, according to a Sydney Morning Herald report on a court hearing that involved looking into the findings of the exchange’s liquidators. Source
Top Crypto Exchange Coinbase Adds Two Assets Related to Solana (SOL) Staking Project to Its Listing Roadmap
Coinbase is adding two more under-the-radar altcoins to its listing roadmap, including the governance token of a non-custodial liquid staking protocol built on Solana (SOL). The exchange announced on Thursday that the roadmap now includes Marinade (MNDE) and one related staking altcoin. Likely due to the announcement, MDNE has exploded by more than 52% in the past 24 hours and is trading at $0.076474 at time of writing. Today’s price movement, however, pales in comparison to the extreme volatility MDNE demonstrated earlier this week, reaching a low of $0.002891 on…