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bitFlyer Acquires FTX Japan to Expand Crypto Custody Services

Japanese crypto exchange bitFlyer announced that it has completed its acquisition of FTX Japan, making it a fully owned subsidiary. The deal, finalized on July 26, will have bitFlyer taking 100% ownership of FTX Japan’s outstanding shares. Crypto Custody Services In a Friday press release, bitFlyer detailed its plans to rebrand the newly acquired entity as “Custody New Company” by August 26, 2024. This new entity will focus on expanding bitFlyer’s crypto custody business,...

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Kwenta and Perennial Kickstart Arbitrum Expansion with 1.9M ARB

[PRESS RELEASE – Grand Cayman, Cayman Islands, July 26th, 2024] Kwenta, the leading onchain perpetuals exchange on the Optimism network, has partnered with Perennial to launch a new joint product and incentive program on the Arbitrum network. This initiative, backed by a substantial 1.9 million ARB grant, aims to attract new users and liquidity providers to Arbitrum and spark renewed interest in onchain perpetuals trading. Kwenta and Perennial’s Expansion Strategy Kwenta,...

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Kwenta and Perennial Kickstart Arbitrum Expansion with 1.9M ARB

Grand Cayman, Cayman Islands, July 26th, 2024, Chainwire Kwenta, the leading onchain perpetuals exchange on the Optimism network, has partnered with Perennial to launch a new joint product and incentive program on the Arbitrum network. This initiative, backed by a substantial 1.9 million ARB grant, aims to attract new users and liquidity providers to Arbitrum and spark renewed interest in onchain perpetuals trading. Kwenta and Perennial’s Expansion Strategy Kwenta, known for being a UX layer...

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Ripple and Solana Steal the Show as Ethereum ETF Launch Disappoints: This Week’s Crypto Update

It’s been an interesting week for the cryptocurrency industry. Although its total capitalization has remained largely unchanged, a lot has happened that deserves our attention, so let’s get into it. Right off the get-go, the United States Securities and Exchange Commission finally gave the last regulatory nod of approval for spot Ethereum ETF issues to launch their products. This was a highly-anticipated moment for many ETH investors, but the price took a nosedive following...

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