Coinbase Acquires FairX, Unveils Plans to Offer Crypto Deliveries
Global cryptocurrency exchange Coinbase is set to acquire derivatives exchange FairX in line with its plans to offer cryptocurrency derivatives in the US, the company announced in a blog post....
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Tranchess Becomes a Binance Smart Chain Validator, Unveils its New BNB Fund
Tranchess, an asset tracking DeFi protocol, launches a BNB fund as a BSC validator to bring in extra revenue for the protocol, according to a report by CoinDesk on Thursday....
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Indonesian Man’s NFT Collection of Selfies Hits $3-Million Valuation
A 22-year-old man from Indonesia has sold 933 selfies as non-fungible tokens, and the collection has since reached a worth around $3 million, The Block reported. Ghozali Ghozalu sold a...
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Coinbase, PayPal Partners With TaxBit Community For Free Crypto Tax Forms
Crypto tax compliance firm TaxBit is trying to unite major industry firms within one network to create free tax forms for users, according to a report by CoinTelegraph on Tuesday....
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Olympus Plunges Nearly 30% as Fuse Pools See Liquidations
Tokens of decentralized finance (DeFi) protocol Olympus (OHM) plunged nearly 32% in the last 24 hours, according to a report by CoinDesk on Tuesday. OHM dropped from Monday’s peak of...
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Binance Chief Changpeng Zhao Tops Crypto Billionaires With $96-Billion Net Worth
Binance Chief Executive Officer Changpeng Zhao is now the world’s richest crypto billionaire as the firm cemented its spot as the biggest crypto exchange in terms of volume, Cointelegraph reported....
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Nikola Shares Price Jumps 4.1% After LOI for Saia to Buy or Lease 100 Electric Trucks
Nikola Corp’s shares up 4.1% after the EV maker stated that Saia Inc signed a letter of intent to buy or lease up to 100 electric trucks, according to a...
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Why Ray Dalio Is Bullish on Bitcoin for 2022
Hedge fund manager Ray Dalio believes the correct allocation of Bitcoin is between 1% to 2%, CoinTelegraph reported. Dalio defended his optimism on Bitcoin, saying that the network has never...
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Thailand Taxes Crypto Traders and Miners on Capital Gains, Exempt Exchanges
Thailand is taking an aggressive stance on crypto. And the latest move is imposing a capital gains tax on crypto traders, according to a report by Bangkok Post on Thursday....
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Aave Rolls Out Permissioned Institutional Product
Open-source, decentralized finance protocol Aave has rolled out a new product that will cater to financial institutions and corporations, CryptoBriefing reported. Aave Arc will allow institutional clients to borrow digital...
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Sony Gears for Entry into Electric Vehicle Market
Japanese tech giant Sony Group Corp. is looking at the electric vehicle market as its next major venture, Reuters reported. Sony is exploring the possibility of a commercial launch of...
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China Slaps Alibaba, Tencent, and Bilbili With Fines for Failure to Report Deals
Units of Chinese giants Alibaba Group Holding Ltd., Tencent Holdings Ltd., and Bilbili Inc. have been slapped with fines due to their failure to disclose business deals, Reuters reported. China’s...
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