The closure comes a few days after the collapse of SVB. As the crypto industry gets more and more walled off from the financial system, the closing of Signature Bank,…

GOPAX has been acquired by a cryptocurrency exchange for a majority stake. The largest operator of a digital asset trading platform has returned to the market after leaving it two…

Exchange decision to cut 20% of the workforce worldwide Coinbase Global Inc. suspends operations in Japan less than a month after Kraken, another major digital asset exchange, announced its departure.…

State-owned mining companies sell coin stocks. As the price of digital assets continues to decline, bitcoin miners are cutting back on loans and scaling back their operations. Mining corporations raised…

The firm is targeting $2 billion. Animoca Brands Corp., which severely reduced its goals amid the current crypto sector meltdown, intends to raise around $1 billion this quarter for its…

Indonesian cryptocurrency assets traded alongside commodity contracts Before giving the Financial Services Authority and the Commodities Agency regulatory control over such assets, Indonesia intends to establish a cryptocurrency exchange this…

Month-long acquisition talks fell through. Vauld has a deadline of January 20 to submit a restructuring plan to lenders; therefore, Nexo and Vauld’s acquisition talks have not yet resulted in…

Bitcoin has not worked as a portfolio diversifier for investors. Before this week, institutional investors had lost hope in cryptocurrencies, and the abrupt collapse of Sam Bankman’s FTX Fried’s may…

Crypto exchange applications must have regional licenses. Apple Inc. clarified its policy on trading cryptocurrencies and non-fungible tokens in its updated guidelines for the Apple Store on Monday. The company…

Nasdaq will focus on storing cryptocurrency. Before announcing plans to establish its cryptocurrency exchange, Nasdaq Inc. will probably hold off until there is more clarification around the regulation and institutional…