Kraken Reportedly Prepares for Funding Round Ahead of Possible IPO
Kraken cryptocurrency exchange is purportedly contemplating a funding round to generate over $100 million for the company in anticipation of a potential initial public offering (IPO). Kraken was contemplating a funding round anticipated to generate over $100 million by 2025, according to a Bloomberg report on June 6 that cited individuals with knowledge of the […]
Coinbase CEO Dumps $5.3M COIN Stock Before Meeting
Brian Armstrong, Coinbase CEO, has sold over $5 million COIN stock ahead of the upcoming stockholders meeting next week. CEO Brian Armstrong of Coinbase Global, Inc. received some attention for transferring some of his company shares. According to reports, the CEO of Coinbase has recently sold $5.3 million in COIN stock. Furthermore, this action is a […]
Binance Restarts Mastercard Crypto Payments After 10 Months
Binance Exchange has reactivated crypto payments via Mastercard after ceasing the service in August last year. Binance, the world’s largest cryptocurrency exchange by trading volume, has lifted its 10-month-old restriction on the purchase of crypto with Mastercard. The action suggests that Mastercard users can now purchase digital assets without restriction using their cards. Binance and […]
Argentina Introduces National Registry for Crypto Exchanges
Argentina is implementing a national registration for cryptocurrency exchanges to maintain market integrity, indicating tighter control over the rapidly growing industry. According to a government notification, the Virtual Asset Service Provider (VASP) registry has been created by the National Securities Commission (CNV) of Argentina, and approximately one hundred individuals and legal entities have applied. New […]
Binance Applauds BNB Price Hitting $700 With ATH
Binance hailed the recent spike in BNB price, as the crypto exchange’s native token surpassed the $700 mark today. The Binance Coin (BNB) price has reached an all-time high by surging past the $700 mark. The occurrence of this milestone coincides with an increase in network usage and a surge in on-chain activity. Moreover, Binance, the […]