Tag Archives: Exchange News

Argentinian soccer player Lionel Messi has teamed up with a digital currency company called Bit Get. Based in Singapore, the firm will allow fans of the Paris Saint-Germain team – which Messi plays for – to trade digital assets and explore the growing world of web3. Lionel Messi Travels Deeper into the Crypto Space Few details have been announced regarding the deal, though it has been signed ahead of the 2022 FIFA World Cup which is set to take place in Qatar. This will...

It’s happened again, folks. Another digital currency exchange has decided to halt all withdrawals, thus preventing its customers from gaining access to their assets. This time around, the company in question is staking platform Freeway, which says one of its trading strategies has failed miserably. This is the reason it’s cited for its recent halting of customer withdrawals. Freeway Prevents Customers from Accessing Their Funds This has been a common theme in the crypto...

Popular digital currency trading platform Kraken has announced it is cutting off all business with Russian customers, and the country will not be able to take advantage of its digital currency services. Kraken Ends All Russia-Based Services The big question to ask here is, “What the heck happened?” Back in March of this year, Kraken said that it was going to be one of the few digital currency exchanges that would not comply with present U.S. sanctions, and it wouldn’t...

The Tel Aviv Stock Exchange (TASE) in Israel is looking to unveil a new digital currency trading platform within the next few years. The exchange will come to fruition between 2023 and 2027 and will provide customers with new blockchain-based trading services so they can get involved in the crypto scene. The TASE Is Making Way for Crypto In a recent statement, the TASE mentioned: TASE will promote the implementation of innovative technologies including DLT, tokenizing of...

Relai – a Swiss bitcoin app – is joining hands with Checkout.com to allow all its customers to purchase mainstream digital currency tokens like bitcoin and Ethereum. Relai and Checkout.com… A Perfect Match? The move is slated to improve crypto adoption and give the space a stronger level of legitimacy. Checkout.com is a global payments provider that works with companies around the world to ensure their customers can buy goods and services utilizing multiple payment...

Crypto lending platform Celsius may have gotten a break in its recent bankruptcy case as crypto service provider Prime Trust – which held a long-term partnership with Celsius up through the summer of 2021 – has agreed to give up control of approximately $17 million of the lending company’s digital assets, thus returning them back to executives’ hands. Celsius Is Getting a Chunk of Money Back Celsius had filed a lawsuit against Prime Trust back in August. Per a contract...

Binance – the world’s largest and most powerful digital currency exchange – is pulling back the curtain on a new $500 million crypto mining lending pool so miners and new projects have access to the funds and liquidity they’ll need to extract new units of crypto from the blockchain to be placed in circulation. Binance Is Trying to Help Crypto Miners Known as the “Binance Pool,” those taking part in the project and borrowing funds will have access to loans with terms...

The drama behind the now failing digital currency exchange FTX is getting larger, and it’s giving Gary Gensler – the man behind the Securities and Exchange Commission (SEC) an excuse to deepen his involvement. Gary Gensler Wants Higher SEC Involvement FTX was, at one point, one of the largest and most popular digital currency exchanges out there. At only three years old (it was founded in 2019), the company soon rose to the top to become one of the most profitable...

It could be argued that Sam Bankman-Fried was, at one point, a prince in the crypto arena awaiting his time to ascend to the digital throne. Many believed he had what it took to rule the space and dominate the digital currency world for years to come but given the circumstances surrounding his exchange at the time of writing, that image is fading relatively quickly. Sam Bankman-Fried Is No Longer Crypto Royalty Sam Bankman-Fried is a 30-year-old former crypto billionaire who recently saw...

Earlier in the week, Live Bitcoin News published an article saying that Binance, the world’s largest and most popular cryptocurrency exchange, had purchased its rival FTX, which is a trading platform run by Sam Bankman-Fried. FTX is a relatively new digital exchange, having been formed in 2019, and it was allegedly experiencing a liquidity crunch that required the company to be bailed out. What Do Analysts Think of What’s Happening with FTX? That’s where Binance came in....