Bitget’s Hong Kong operator invests $90M in OSL
BGX, the company that runs BitgetX in Hong Kong, has agreed a $90 million investment in BC Technology. BC Technology is the parent company of OSL, a publicly listed crypto…
dYdX Chain enters Beta Mainnet stage, launches active trading across 33 markets
dYdX Chain Beta Mainnet launch enables active trading across 33 markets. Users can trade on dydx.trade with 20x leverage. There will however be no rewards during the beta stage. In…
Court approves protective order in SEC vs. Binance lawsuit
Court approves info disclosure order in SEC vs. Binance lawsuit. The protective order allows confidentiality for trade secrets and customer info in discovery. Binance challenges the SEC’s broad demands, protecting…
Analyst says ETH could spike to $3,100 if key resistance breaks
Ethereum is looking to break above a key resistance level at $2,150. Crypto analyst Michael van de Poppe says ETH price could jump to between $3,100 and $3,600 if a…
Crypto ETP inflows surpass $1B year-to-date as total AuM hits May 2022 high
Digital asset investment products recorded inflows of $293 million last week. Bitcoin saw $240 million, Ethereum $49 million and Solana $12 million. A report by CoinShares shows year-to-date inflows have…
Bitget halts plans for crypto licence in Hong Kong
Bitget announced that it will halt operations for its Hong Kong unit by December 13. The crypto exchange said the decision is down to “business and market related considerations.” Users…
Kraken and Cardano forge alliance amidst Memeinator presale surge
Hoskinson is eyeing a collaboration with Kraken for a Layer-2 network Kraken wants to follow Coinbase’s move to launch a Layer-2 blockchain. Memeinator presale continues to gather steam with $1,303,398…
XRP whales make waves as Shiba Memu presale nears conclusion
XRP whales recently moved nearly 900 million tokens in significant weekend transactions. Ripple Labs has also strategically transferred 100 million XRP. The Shiba Memu presale countdown intensifies with only 46…
Bithumb planning IPO on KOSDAQ, aims for top spot in Korean crypto market
Bithumb aims to be the first crypto-related company listed on KOSDAQ. Bithumb has selected Samsung Securities as the underwriter for its strategic move into traditional financial markets. Former Chairman Lee…
Bybit Fintech sued for $1 billion by the FTX bankruptcy team
The FTX Bankruptcy is seeking to recover assets worth about $1 billion. The lawsuit will be heard by a Delaware Court. The funds in question were allegedly withdrawn from FTX.…