Backpack Exchange acquires FTX EU, plans Q1 2025 launch

On Aug. 27, U.S. Federal Reserve Chair Jerome Powell said that the central bank will start tapering its $120 billion monthly bond purchases by the end of the year, but the interest rate hikes would have to wait until the job market and inflation pass a more stringent test.In response to the speech, the U.S.…

Ethereum 2.0 has been a highly anticipated development in the crypto industry. A recent Cointelegraph research report asks if Ethereum is still on track to defend its crown as the prime network backing the decentralized finance world.The report cuts through popular misconceptions investors may hold and offers a comparative analysis of Ethereum and its competitors.…

Silvergate is reportedly facing an investigation from the United States Department of Justice over its alleged role in the FTX collapse, involving Sam Bankman-Fried's account. 326 Total views 4 Total shares Own this piece of history Collect this article as an NFTSeveral crypto firms have announced they will scale back or outright terminate their relationship…

Israeli-based fintech and cryptocurrency firm Simplex now supports two new fiat currencies — the Japanese yen (JPY) and the Canadian dollar (CAD).Following the addition, users at some of Simplex’s partner exchanges such as Binance will be able to buy crypto via credit cards using JPY and CAD, industry publication The Block reports Dec. 9.Not all…

Russia will not develop a separate regulation for Facebook’s cryptocurrency Libra, according to Deputy Finance Minister Alexei Moiseev, Interfax reported on July 1Moiseev stated that Russia will not introduce separate legislation for Libra as there will be uniform rules for all circulating digital currencies. "No one is going to introduce a ban. A large number…

GoodDollar believes that "digital basic income can work at scale, while effecting positive change on a global level.” 1070 Total views 10 Total shares A nonprofit initiative that leverages decentralized finance as a means to offer a digital income for its users has announced that people have now claimed more than 14 million of its…

Pop starlet Miley Cyrus was spotted performing at an extravagant private birthday party for actress Gabriela Novogratz, the daughter of Galaxy Digital CEO Mike Novogratz. 262 Total views 2 Total shares Pop starlet Miley Cyrus has performed at a private party hosted by Galaxy Digital CEO, Mike Novogratz.According to an August 2 report from Dan’s…

There is a way for crypto exchanges and soccer clubs to work together. Another major soccer club is entering the cryptocurrency industry by tapping a partnership with a cryptocurrency exchange.SS Lazio, an Italian professional sports club, signed a multi-year deal with crypto trading platform StormGain.Announcing the news on Sept. 16, StormGain said that it is…

Bitcoin (BTC) and other riskier assets slipped on Oct. 21 as traders scrutinized macro indicators that suggest the Federal Reserve would continue to hike rates. Nonetheless, the BTC/USD pair remains rangebound inside the $18,000–$20,000 price range, showing a strong bias conflict in the market.BTC price holding above $18K since JuneNotably, BTC's price has been unable…