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Tag Archives: Exchange News

Kraken and Staked Come Together in the Exchange’s 5th Acquisition This Year

Kraken – a crypto exchange based in San Francisco, CA and arguably one of the most popular in the United States – has acquired a staking platform simply known as “Staked” for an undisclosed sum. Kraken Gets Its Hands On Staked According to a statement, Kraken’s acquisition of the company is one of the “largest crypto industry acquisitions to date.” It marks the fifth for the digital currency exchange and builds on the company’s newfound goal to become the “crypto portal...

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RadioShack Is Entering the Crypto Space with a New Token and a Trading Platform

RadioShack – the out-of-business electronics superstore that we all used to go to for the latest remote-controlled vehicles and other trinkets – has rebranded itself and is now entering the cryptocurrency market. It’s first order of business will be to establish a whole new digital currency trading platform for users to enjoy, suggesting that crypto has indeed crossed into mainstream territory once and for all. RadioShack Has Its Sights Set On Crypto It’s amazing to see...

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Crypto Exchange Bit Mart Hacked; Nearly $200 Million Reported Missing

It’s happened again, folks. Another crypto exchange hack is in the books. This time, the alleged victim is Bit Mart, which appears to have lost $150 million in digital currency funds at the time of writing, though some firms – such as Peck Shield, a blockchain analytics company – believe the company may have lost closer to $200 million. Bit Mart Has Been Compromised Peck Shield was the first entity to notice the breach. Analysts saw that around $100 million in crypto was...

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Crypto Loving Hamster Mr. Goxx Passes Away

Mr. Goxx – a little hamster that has made a name for himself over the past few months in the crypto world – has passed on to the spirit world. Mr. Goxx Will Be Missed The rodent gained a heavy amount of internet fame in recent days given his abilities to potentially outtrade human investors utilizing a special trading cage. Mr. Goxx has accumulated more than 18,000 followers on social media given his “abilities” to decide what digital assets should be bought or sold. The...

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Moon Pay Is One of the Newest – and Biggest – Crypto Firms Today

Moon Pay – a crypto and fintech firm – is only three years old and one of the newest players in the digital currency industry. However, the company is already valued at more than $3.4 billion thanks to its first ever funding round, which took place two Mondays ago. Moon Pay Has Come a Long Way in a Short Time During this round, the company managed to add more than half a billion to its overall market valuation. The event was led by Tiger Global. The company has been...

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Two Men That Invested in Korean Crypto Exchange Dunamu Are Now Billionaires

Dunamu is one the biggest cryptocurrency exchanges in South Korea, and now it looks like two of the company’s biggest shareholders – Song Chi-hyung and Kim Hyoung-nyon – have become the nation’s first two bitcoin billionaires. Dunamu Is Big, and So Are Its Shareholders While these individuals may not sound familiar, what they do for a living is likely to ring a bell with several pop culture fans. Chi-hyung is the founder and chairman of Hybe, the agency behind K-pop...

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Coinbase CFO On Where the Company Will Soon Be Headed

The CFO of Coinbase – one of the biggest and most powerful digital currency exchanges in the world – unveiled some of her thoughts on the future of the crypto industry and where she thinks the company will go from here. How Coinbase Is Planning to Change Alesia Haas says that Coinbase now has a valuation of approximately $70 billion despite crypto transactions being down this quarter. Between quarter three and quarter four of 2021, monthly transactions fell from just...

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Jack in the Box Sues FTX Exchange, Says It Ripped Off Its Mascot

Another cryptocurrency lawsuit is in the books. This time, the plaintiff is popular fast food chain Jack in the Box, who according to court documents, says the FTX exchange stole the look of Jack, it’s mascot, for its own personal use. Jack in the Box Files Suit Against FTX Jack in the Box commercials have been airing forever. We have all grown privy to the man in a suit who wears a large white mask over his head. Jack features a long pointy nose, blue eyes and a little...

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Coinbase Commission Fees May End with New Subscription Service

Coinbase – one of the largest and most popular cryptocurrency trading platforms in the world – is now testing commission-free trading for people who engage in large or regular transactions. Coinbase Is Looking to End Commission Fees for Some Customers Known as Coinbase One, the service will be available to customers willing to pay subscriptions. They can trade bitcoin along with several other digital currencies without having to pay commission fees, meaning whatever they...

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Coinbase Is Now the Official Crypto Exchange of the NBA

Coinbase has had an exciting week. After forming a partnership with Facebook to provide support and custody services for its new Novi wallet, the popular digital currency exchange is joining hands with the National Basketball Association (NBA), which some believe will make it possible to pay for merchandise and event tickets with crypto in the coming future. Coinbase Has Joined Hands with the NBA The sports association issued a press release claiming that Coinbase will...

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