Coinbase Explores FTX Acquisition and Derivatives License
Until FTX collapsed in November, FTX Europe was the only firm offering special crypto derivatives (perpetual futures) to the European market.
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Bybit to Suspend UK Operations in Response to FCA’s New Rules
The recent decision by Bybit to suspend its operations in the United Kingdom is not an isolated incident within the crypto industry.
Alibaba’s Logistics Arm Cainiao to File for $1B+ Hong Kong IPO
Meanwhile, Alibaba has put a hold on Hong Kong IPO plans for its grocery chain Freshippo.
Foodpanda Conducts Another Round of Layoffs amidst Potential Business Sale
While Foodpanda strives to manage its operations, its parent firm, Delivery Hero, is reportedly in early discussions with potential buyers to sell part of the food delivery business.
Banks Tap Silent Eight’s AI Software to Fight against Financial Crimes
Silent Eight’s software is grounded in generative AI, similar to the technology behind the viral ChatGPT chatbot.
FTX Sues Ex-Employees of Salameda as It Seeks to Recover $157M
The defendants allegedly used their connections on the inside to ensure that their withdrawals were prioritized over those of other customers.
Bank of Japan Leaves Interest Rates Unchanged, Experts Share Concerns
Analysts believe that Bank of Japan would soon face pressure to raise interest rates and reverse from its loose monetary conditions.
Crypto Mining Giant Bitmain to Invest $53.9 Million in Core Scientific
Bitmain’s investment represents not only a significant financial commitment but also a strategic move to fortify its partnership with Core Scientific.
Instacart Founder Apoorva Mehta Now Is Billionaire after Selling Stake Post-IPO
Mehta stepped down from his role as the company’s CEO last year and following Tuesday’s IPO, will cease to serve as Executive Chairman.
NHN Embraces Web3, Taps Sui Blockchain for Crypto Games
NHN said it chose the Sui blockchain for its crypto game development thanks to its low transaction fees, fast processing time, and high scalability.
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