Ledn secures industry-first $50M Bitcoin-backed syndicated loan

One of Canada’s top crypto exchanges, Coinsquare, has partnered with United States cryptocurrency payments startup Flexa to bring in-store digital currency payments to Canada.In-store crypto payments in CanadaThe official Twitter account of Canadian cryptocurrency exchange Coinsquare announced on August 13 that the firm partnered with U.S.-based crypto payments startup Flexa. The partnership will reportedly allow…

The price of Bitcoin (BTC) has been under severe selling pressure by whales for the past two months as on-chain data reveals.However, five key indicators are suggesting that major sellers are about to turn into hodlers or even accumulators of Bitcoin again while institutional demand remains high. This is an explosive setup that may send…

Crypto.com co-founder and CEO Kris Marszalek unveiled his company's 2020 expansion plan in a talk today at BlockShow Asia 2019 in Singapore.The plans include launching its own exchange, shipping VISA MCO cards to almost every region in the world, and launching a non-custodial wallet.With the motto that “it’s your basic human right to control your…

Overseas investors are reportedly likely to step in to acquire South Korean crypto exchange Bithumb due to alleged difficulties with payments in its existing acquisition deal.As Cointelegrap reported previously, BK Global Consortium, a firm headed by one of South Korea's leading plastic surgeons, closed a deal in Oct. 2018 to acquire 50% plus one share…

A Sept. 7 court appearance by Ryan Salame could see the former co-CEO of FTX Digital Markets plead guilty, following the examples of Caroline Ellison, Gary Wang, and Nishad Singh. 724 Total views 7 Total shares Ryan Salame, the former co-CEO of FTX Digital Markets, is reportedly planning to plead guilty to criminal charges related

The increasing use of HFT may help explain Bitcoin’s record low volatility. 2603 Total views 25 Total shares The Bitcoin (BTC) market has been quiet lately. A little too quiet.  As of Tuesday Bitcoin’s volatility levels had dropped to levels unseen since 2017. In recent weeks, Bitcoin has fallen behind as investors piled into altcoins such…

The filing suggested Prime Trust had financial liabilities to its users totaling more than $82 million in fiat and $800,000 in crypto. Following the filing of a cease and desist order, Nevada’s Financial Institutions Division has again moved against crypto custodian Prime Trust by petitioning for the appointment of a receiver.In a June 26 filing,…