FTX US to launch stock trading against stablecoins

FTX US to launch stock trading against stablecoins

Major cryptocurrency exchange FTX is moving into equity trading, with its United States-based subsidiary FTX US launching a stock trading platform. West Realm Shires Services, the owner and operator of FTX US, announced on May 19 the upcoming launch of FTX Stocks, a stock trading service offered directly through the FTX US trading app. The …

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DeFi partnership aims to tokenize shares of pre-IPO companies

DeFi partnership aims to tokenize shares of pre-IPO companies

Decentralized finance (DeFi) protocol Portal has partnered with the asset marketplace HighCircleX (HCX) to tokenize stocks of pre-initial public offering (IPO) companies, according to an announcement shared with Cointelegraph on Monday.  The collaboration aims to make investing in private equity easier by building on top of the Bitcoin (BTC) blockchain. Through this, HighCircleX is looking …

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As labor struggle takes center stage, can DAOs democratize work?

As labor struggle takes center stage, can DAOs democratize work?

Web3 has given rise to a number of innovative business models. In particular, decentralized autonomous organizations (DAOs) have started gaining traction as Web3 as the creator economy comes to fruition.  Natalie Salemink, CEO and founder of Prismatic — a tooling and treasury management platform for DAOs — told Cointelegraph that DAOs are internet-native organizations that …

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Crypto startup Blockchain dot com planning 2022 IPO

Crypto startup Blockchain dot com planning 2022 IPO

  Crypto exchange and block explorer Blockchain.com has begun talking with American banks to explore how it may hold an initial public offering (IPO) as soon as this year. Bloomberg reported on April 19 that sources familiar with the situation said that the talks were merely preliminary conversations and that the tech startup’s plans could …

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Animoca Brands buys major stake in Aussie digital services agency

Animoca Brands buys major stake in Aussie digital services agency

  NFT investment giant Animoca Brands has acquired a major stake in Australian digital marketing agency Be Media. Be Media has locations in Perth, Melbourne, and Sydney and has provided Web2 firms with advertising and digital strategy since 2013. While the company isn’t geared up towards the crypto sector, the investment seems to be a …

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Atari claims its namesake token is now ‘unlicensed’ as it terminates blockchain joint venture

Atari claims its namesake token is now 'unlicensed' as it terminates blockchain joint venture

In a statement published by former video-game giant Atari on Monday, the firm says it has, effective immediately, terminated all license agreements with its joint venture partner ICICB Group and its subsidiaries. Previously, the two had jointly created the Atari Chain and the namesake Atari Token (ATRI). However, the company has had a change of heart …

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Gulf Energy pursues joint venture with Binance, invests in BNB

Gulf Energy pursues joint venture with Binance, invests in BNB

  Thailand-based Gulf Energy has made strategic investments in cryptocurrency exchange Binance US and signaled its pursuit of a joint venture with the global Binance exchange as part of a targeted effort to gain exposure to the digital asset market. Gulf Energy disclosed in a regulatory filing on April 18 that it invested in “Series …

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Regulations set the table for more talent, capital and building in crypto industry

Regulations set the table for more talent, capital and building in crypto industry

The feeling in the crypto and decentralized finance space has been shifting and evolving. The industry is also becoming more scrutinized and, inevitably, more organized. Some weeks ago, United States President Joe Biden signed an Executive Order to expedite and focus regulatory oversight of the $3-trillion industry. The order will spur the government to examine …

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Binance launches its first customer service center in Turkey

Binance launches its first customer service center in Turkey

Binance, the world’s largest cryptocurrency exchange by volume, announced the launch of its customer service center, Cointelegraph Turkey reported. Binance picked Turkey, where it established a local entity roughly two years ago, as the pilot country for its new service. A possible reason for Binance to pick Turkey is the high volume of traffic the …

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Binance and Coinbase silent on Bitcoin Lightning: Community tries to understand why

Binance and Coinbase silent on Bitcoin Lightning: Community tries to understand why

The Bitcoin Lightning Network integration started to take off among the cryptocurrency exchanges worldwide. However, some of the world’s largest crypto trading platforms seemingly are not in the hurry to integrate the protocol. Last week, Robinhood crypto trading app became the latest major industry player to announce the Lightning integration, following in the footsteps of BitPay …

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