Thailand-based Gulf Energy partners with Binance to operate a crypto exchange
Thailand-based Gulf Energy has made significant investments in cryptocurrency exchange Binance US and has also highlighted its pursuit of a joint venture with the global Binance exchange. Binance cryptocurrency exchange has created a joint venture with Gulf Energy Development , owned by billionaire Sarath Ratanavadi, and will apply for a license to run a digital […]
Gulf Energy Partners with Binance, Makes Investments
As part of a deliberate effort to obtain exposure to the digital asset sector, Thailand-based Gulf Energy has made significant investments in cryptocurrency exchange Binance US and highlighted its pursuit of a partnership with the global Binance exchange. Gulf Energy declared its investment in “Series Seed Preferred Stock issued by BAM Trading Services Inc.,” the […]
Iran increases penalties for using Illegal subsidized energy in crypto mining
Iran is tightening rules on crypto mining as penalties for using subsidized energy will be increased by the Iranian government. The fines will reportedly triple compared to current rates while repeated violations will lead to jail time. The Tehran Times stated that the government planned to substantially increase fines for mining companies who utilize subsidized […]
Exmo crypto exchange suspends services in Russia and Belarus
Exmo, a cryptocurrency trading platform based in London, is the latest crypto trading platform to formally suspend its operations in Russia and Belarus as a result of Russia’s invasion of Ukraine. Exmo said on Monday that it is selling its digital asset business in Russia and Belarus to a Russian softwa re development company. The […]
Kevin O’Leary Company Buys Crypto Exchange Coinberry For $31 Million
Kevin O’Leary company has expanded its market presence by agreeing to buy Toronto-based exchange Coinberry for $31 million Kevin O’Leary Buys Toronto-based Exchange Coinberry For $31 Million WonderFi Technologies, which is backed by “Shark Tank” star Kevin O’Leary, has agreed to buy Toronto-based exchange Coinberry for $31 million, expanding its market presence. “Mr. Wonderful” called […]