Binance Connect relaunches with integrated crypto-to-fiat service

Intercontinental Exchange’s to-be-launched institutional trading platform Bakkt has earned a $740 million valuation after it raised over $180 million in funding last year, anonymous sources told cryptocurrency industry news outlet The Block on March 21.Bakkt, which has yet to launch any investment products and continues to liaise with regulators, could increase its valuation even further…

Crypto finance startup Circle announced that it is hitting the pause button on its Circle Research activities.Deciding on a future directionIn a blog post on Sept. 24, the Circle team said the suspension came despite “significant progress” with its content offerings.The team of the Goldman Sachs-backed crypto startup Circle explained:“It’s time to evaluate our contribution and overall strategy.…

A US bankruptcy court has authorized liquidators of defunct crypto hedge fund Three Arrows Capital (3AC) to increase their claim against collapsed crypto exchange FTX from $120 million to $1.53 billion. Chief Judge John Dorsey rejected FTX’s debtors’ argument that the amended proof of claim (POC) from 3AC liquidators was untimely and an unjust attempt

On this week’s episode of The Market Report, Cointelegraph’s resident expert discusses Ripple’s latest win against the SEC and what it means for the crypto market. 548 Total views 4 Total shares In the latest episode of The Market Report, Cointelegraph analyst and writer Marcel Pechman discusses Ripple’s partial victory against the Securities and Exchange…

Coinbase Custody has been selected by the Binance-backed derivatives exchange FTX to store and insure its exchange token, FTT. 2597 Total views 77 Total shares Coinbase has announced that it will provide custody services for the exchange token of the Binance-backed crypto derivatives platform FTX (FTT) on May 22.Coinbase Custody will comprise the primary custodian…

A Delaware court has granted a temporary reprieve to a Pennsylvanian Bitcoin mining firm currently in a payment dispute with its hosting company — barring the hosting provider from blocking access and otherwise commandeering the miner’s 21,000 rigs at the property.  Vice Chancellor Morgan Zurn granted a temporary restraining order on March 12, requested by Bitcoin

Nonfungible tokens seem to be popping up everywhere lately — so why not on the big screen?Digital collectibles and virtual reality platform Terra Virtua is planning to launch today a line of Godzilla vs. Kong nonfungible token (NFT) collectibles created in collaboration with film production giants Warner Brothers — among the first-ever NFT drops to…

The streaming service’s stock price took a major hit after releasing disappointing user numbers, making some in the crypto community cry foul at the volatility. 409 Total views 20 Total shares The stock market has once again made crypto look stable by comparison with the Netflix (NFLX) stock price dropping 25% in after-hours trading tod.The…

Lawyers for the basketball star claim he did not mention any alleged securities but instead warned of celebrities promoting crypto investments. 239 Total views 3 Total shares Professional basketball player Jimmy Butler has asked to be dismissed from a class-action lawsuit targeting celebrities involved in the alleged promotion of unregistered securities by Binance, saying tweets…