Thales Araújo de Freitas most recently led Brazil operations for Chile-based Global66, and prior to that held leadership roles at Citibank and HSBC. Source
Latin American Crypto Exchange Bitso Hires New Brazil Chief
Tag: Exchange
Crypto Exchange EXMO Exits Russia, Sells User Base There to Unnamed Buyer
The announcement goes on to say that EXMO “decided to sell the digital assets business in Russia and Belarus.” EXMO is also giving up its users in Kazakhstan since the new owner is based there. The structure of the deal is unclear, as EXMO hadn’t been operating as a separate legal entity in Russia. Maria Stankevich, EXMO’s chief business development officer, told CoinDesk that what’s being sold is “around a million users, software, intellectual property and [much] more.” Source
Kevin O’Leary-backed WonderFi to acquire Canadian crypto exchange Coinberry for $38.5M
WonderFi Technologies, a decentralized finance (DeFi) platform, plans to continue its expansion in Canada by purchasing the Coinberry crypto exchange for $38 million. The platform will be the second regulated crypto exchange under WonderFi once the acquisition is finalized. The firm recently closed its acquisition of Bitbuy’s parent company First Ledger Corp. for $162 million. In an interview, Kevin O’Leary mentioned that there will be “several more and even bigger” acquisitions that are on the way. O’Leary also highlighted that the company is competing on the global stage while making…
WonderFi Acquires a Second Cryptocurrency Exchange in Canada
WonderFi Technologies acquires Coinberry, a regulated cryptocurrency exchange in Canada (pending regulatory approval). The definitive agreement is to acquire Coinbery for $25.54 million. Take Advantage of the Biggest Financial Event in London. The acquisition is pending regulatory approval. Coinberry was founded in 2017 and has over 200,000 clients in Canada. Over $1 billion crypto transactions were made at Coinberry to this date. The crypto exchange offering trade in 29 cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology. Comprised…
First Mover Americas: Bitcoin's Exchange Balance Hits 3.5-Year Low
The latest moves in crypto markets in context for April 18, 2022. Original
Bitcoin․com Exchange Market Insights Report for April 2022 – Promoted Bitcoin News
This is the inaugural monthly market insights report by Bitcoin.com Exchange. In this and subsequent reports, expect to find a summary of crypto market performance, a macro recap, market structure analysis, and more. Crypto market performance In late March, BTC tested $48,000, a key resistance level which had not been reached since September last year. After failing to push through, the marquee crypto saw a reversal to the $40-42,000 level. This had been acting as new support, notably higher than the previous support of $36-38,000 seen in the first quarter…
Canada’s WonderFi Bulks Up Further With Planned $31M Acquisition of Coinberry Crypto Exchange
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Top Crypto Exchange Coinbase Hit With Class-Action Lawsuit
Top US-based crypto exchange platform Coinbase is being targeted in a class-action lawsuit that alleges its arbitration policies are unenforceable. In a recent court filing, a plaintiff alleges that Coinbase’s arbitration agreement within its terms of service is legally unconscionable because it heavily favors one side. “Under California law, a contract provision is unenforceable if it was ‘unconscionable at the time it was made.’ … [The plaintiff] does not contest that he agreed to be bound by the Coinbase user agreement in effect when he signed up for his user…
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Coin Center takes aim at ‘unconstitutional’ SEC redefinition of an ‘exchange’
Nonprofit blockchain advocacy group Coin Center has called the Securities and Exchange Commission’s (SEC) proposed redefinition of an “exchange” an “unconstitutional overreach.” The lobby group made the comments in a written response to the SEC’s March 18 Amendments Regarding the Definition of “Exchange”, which details changing the meaning of “exchange” from a “system that brings together the orders” of a security to one that “brings together buyers and sellers.” The SEC’s proposed rule to change the definition of “exchange.” Bringing together orders, which are things, is very different to bringing…