Cointelegraph·
Bullish stock dropped in trading with the crypto exchange’s first-quarter earnings miss, adding to the crypto companies that have underperformed in the quarter.
Read full articleOKX has moved closer to securing a major foothold in South Korea after entering talks to acquire a substantial stake in local crypto exchange Coinone alongside Korea Investment & Securities. According to Yonhap News Agency, OKX and Korea Investment &…
The post OKX Eyes A 20% Stake In South Korean Exchange — Here’s What It Signals For The Region appeared on BitcoinEthereumNews.com. OKX Eyes A 20% Stake In South Korean Exchange — Here’s What It Signals For The Region | Bitcoinist.com Sign Up for Our Newsletter! For updates and exclusive offers enter your email. This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy. I Agree Source: https://bitcoinist.com/okx-eyes-stake-in-sk-exchange-what-signals-region/
Global crypto exchange OKX is in discussions to acquire approximately a 20% stake in Coinone, one of South Korea’s five licensed crypto exchanges, according to a May 15 report by Yonhap News Agency — a move that would mark OKX’s most significant strategic foothold in one of Asia’s most active digital asset markets. Related Reading: […]
The post XRP Tops on Upbit as South Korea’s “Big 4” to Acquire $670M Stake in Dunamu appeared on BitcoinEthereumNews.com. Hana Financial Group on Friday said it will acquire a 1 trillion won ($670 million) stake in Dunamu, operator of South Korea’s largest crypto exchange Upbit, through its subsidiary Hana Bank, South Korea’s “Big 4” bank. XRP surpasses BTC in trading volume on XRP Upbit amid the major announcement. South Korea’s Hana Bank to Buy $670 Million Stake in Upbit Operator Dunamu South Korea’s Hana Financial Group on May 15 decided to buy a stake in the country’s top crypto exchange operator Dunamu for 1 trillion won ($670 million). It marks the largest-ever investment by a bank into a crypto exchange operator. On the same day, Hana Bank’s board of directors resolved to acquire 2,284,000 shares of Dunamu held by Kakao Investment. With the acquisition, Hana Bank will secure its position as the fourth-largest shareholder with a 6.55% stake in Dunamu. “This equity investment is
Strive reported a net loss of $265.9 million for Q1, which it attributed to the fall in market value of its Bitcoin holdings, but saw its shares on its move to pay SATA holders dividends every business day starting in June.
The alliance will allow Coinpro, a crypto exchange owned by Grupo Salinas, to leverage Anchorage’s stablecoin services for its cross-border settlement operations. Grupo Salina’s Carlos Dias Afonso hinted at a deeper integration of stablecoin channels to benefit Grupo Elektra’s customers. Anchorage Digital And Grupo Salinas Partner On Stablecoin Implementation Stablecoins have become one of the […]
Cisco's stock surge highlights the speculative nature of AI-driven market trends, raising concerns about sustainability amid modest growth rates. The post Cisco shares surge 15% as traders treat stock like meme favorite ahead of earnings appeared first on Crypto Briefing.
The post Bitget Wallet Launches Free API Platform for Web3 Developers appeared on BitcoinEthereumNews.com. Bitget Wallet, the native crypto wallet of the famous crypto exchange Bitget, is launching the latest API Platform. The launch indicates a crucial move toward boosting the decentralized trading framework for Web3 builders. As Bitget Wallet revealed in its official social media announcement, the new project is already processing over $20M in cumulative daily trading volume ahead of the full-scale launch. Additionally, the exclusive release unveils many upgrades, such as Hypercore and HyperEVM support, cross-chain APIs, stronger broadcast infrastructure, faster chain query, and gas sponsorship. Bitget Wallet API Platform is now officially live! Already processing 20m+ in daily aggregated trading volume, this week's upgrades include:> HyperEVM + Hypercore support> Gas sponsorship> Crosschain APIs> Faster chain queries & broadcast infra Builders & devs can now apply… — Bitget Wallet �
