Canadian cryptocurrency exchange Bitvo has terminated its expected acquisition agreement with FTX and will continue operating independently. Bitvo’s shareholder, Pateno Payments, has discontinued the ...
Tag: Backs
Whales Add 468 Mln XRP As Amicus Backs Ripple
XRP News: XRP, Ripple’s native token price registered a major upswing after US based cryptocurrency exchange filed Amicus briefs in the support of the defendants. However, more Amicus have submitted t...
Crypto’s Political Cash Backs Winners, But New Lawmakers Will Arrive Under FTX Cloud
Still, the events of this month, where one of crypto world’s pillar companies is under investigation as an epic fraud, will play a part. Congressional hearings will likely question what happened with ...
Shima Capital backs PlayEmber’s $2.3 million raise
Web3 gaming monetization platform PlayEmber has raised $2.3 million in a pre-seed round led by Shima Capital. Investors in the round also include Big Brain Holdings, Hyperithm, Warburg Serres, Lyrik V...
Shark tank’s Mark Cuban backs Kevin O’leary’s past views on FTX investment
The collapse of the FTX empire will go down in crypto history as one of the worst crypto investments. Investors have begun pointing fingers, and it’s getting uglier. On that same note, Mark Cuban is n...
Economists Predict England Will Win Qatar 2022 World Cup But AI Backs Brazil
Harry Kane of England celebrates after scoring their side’s second goal in the UEFA Euro 2020 … [+] Championship semi-final against Denmark at Wembley Stadium on July 07, 2021. (Photo by L...
What Backs Tether? 58% US Treasurys and a Mess of Other Stuff
In its latest quarterly assurance report, Tether indicates the top stablecoin’s reserves have seen a reduction in undisclosed commercial paper holdings in favor of US Treasurys. The report, effectivel...
Y Combinator backs payment startup Ping in $15 million seed round
Ping, a new freelancer-focused neobank, raised $15 million in a seed round as it plans to expand its focus from Latin America to new regions. Firms including Y Combinator, Race Capital, BlockTow...
Binance Coin Price Prediction – BNB to $1000 Now CZ Backs out FTX Deal?
Join Our Telegram channel to stay up to date on breaking news coverage This has been a very turbulent week for the crypto universe, with so many developments adding new dimensions to this sector. It a...
Binance Backs Out of FTX Deal Following Due Diligence
The world’s largest cryptocurrency exchange Binance announced on Wednesday it has pulled out from its agreement to acquire rival exchange FTX citing due diligence and “news reports regarding mishandle...
Binance backs out of FTX acquisition deal
Crypto exchange giant Binance will not buy FTX after reviewing the company’s financials. “Our hope was to be able to support FTX’s customers to provide liquidity, but the issue...
Binance Backs out of FTX Deal Citing ‘Due Diligence,’ Reports of ‘Mishandled Customer Funds’ – Bitcoin News
The world’s largest cryptocurrency exchange Binance will not go through with purchasing the rival crypto exchange FTX. The company noted that after due diligence and “news reports regarding mishandled...
Binance Backs OUT from FTX Purchase: Renewed Crypto Market CRASH?
Breaking News: Binance backs out from its decision to acquire FTX. This news took another heavy toll on the crypto market. In the past 24 hours, the crypto market lost on average around 14%. Will the ...
Binance Backs Out of FTX Acquisition, Cites Crypto Exchange’s Balance Sheet and Pending US Investigations
Global crypto giant Binance says it’s decided not to acquire the embattled digital asset exchange FTX. In a series of tweets, Binance lays out its reasoning for rapidly deciding not to pursue the deal...
Blocto Backs Aptos With $3M Ecosystem Fund
Image source: Blocto The multichain wallet provider Blocto is building on its recent integration with the Aptos blockchain with the launch of a $3 million ecosystem fund that’s intended to help new Ap...
SOL Price Eyes 100% Gains As Google Cloud Officially Backs Solana’s Validator Program ⋆ ZyCrypto
Advertisement     On Saturday, Google’s computing arm Google Cloud announced that it is running a block-producing Solana validator “to participate in and validate the ...
Microsoft Backs Wemade’s Blockchain Push in $46 Million Investment Round – Blockchain Bitcoin News
Software giant Microsoft has made a $14.8 million investment in Wemade, a Korea-based blockchain gaming services company that has recently launched its own stablecoin, named Wemix. The company was par...
Will Coinbase Relist XRP? Coinbase Backs Ripple In Its Lawsuit Against SEC
Will Coinbase relist XRP? The current legal battle between Ripple (XRP) and United States Securities and Exchange (SEC), has sparked lots of debates and interests for the past two years with no sign o...
Vitalik Buterin ‘kinda happy’ with ETF delays, backs maturity over attention
The co-founder of Ethereum (ETH), Vitalik Buterin, believes that the crypto ecosystem needs to mature and be in tune with the regulatory policies that allow crypto projects to operate internally freel...
Coinbase Backs Grayscale’s Bitcoin ETF Lawsuit Against SEC
America’s largest cryptocurrency exchange, Coinbase, is putting its weight behind Grayscale—the world’s largest Bitcoin fund—in its legal battle with the Securities and Exchange Commission (SEC). Gra...
Coinbase backs Grayscale’s EFT to alter the SEC’s rejection
Coinbase has filed an amicus brief against the SEC. The brief notes that the SEC has not accepted the offer of the fir for a spot bitcoin exchange-traded fund. Coinbase, a crypto exchange platform has...
Ripple’s $250M fund backs Web3 projects focused on ‘entertainment and media’
In September 2021, enterprise blockchain and crypto solutions company Ripple launched the Ripple Creator Fund, a $250 million initiative committed to providing creators with the financial, creative an...
Infantino Promises Best-Ever Event; U.S. Soccer Backs Compensation For Migrant Workers
ZURICH, SWITZERLAND – MARCH 18: FIFA president Gianni Infantino speaks during a press conference … [+] after the FIFA executive committee meeting at the FIFA headquarters on March 18, 2016...
JPMorgan’s Dimon Backs Musk’s Twitter Bid—And Calls For Removal Of Bots
Topline JPMorgan Chase CEO Jamie Dimon offered his support for the world’s wealthiest man Elon Musk’s Twitter takeover in an interview published Tuesday, a surprise vote of confidence given the histor...
Kansas City Chiefs Ironman L’Jarius Sneed Leads NFL Defensive Backs In Sacks
Kansas City Chiefs cornerback L’Jarius Sneed prepares to sack Tampa Bay Buccaneers quarterback Tom … [+] Brady on Oct. 2, 2022. (Photo by Andrew Bershaw/Icon Sportswire via Getty Images) I...
Elon Musk Backs Dogecoin, Who Could Endorse Big Eyes Coin in its Infancy?
Dogecoin has become the staple cryptocurrency that everyone knows. Regardless of anyone’s preexisting knowledge of crypto, the king of the K-9s has the support of the world’s wealthiest man. What effe...
Elon Musk Backs China Special Zone For Taiwan That’d Be “More Lenient Than Hong Kong” — Report
Tesla CEO Elon Musk (L) shakes hands with Chinese Premier Li Keqiang as he arrives for a meeting at … [+] the Zhongnanhai leadership compound in Beijing on January 9, 2019. (Photo by Mark Schief...
Nifty News: Yuga Labs launches BAYC council, Animoca backs Cool Cats and more
Solana NFT volume surged to $130 million in September, and Gary Vaynerchuck’s VeeFriends are set to be released as collectibles at Macy’s and Toys “R” Us. Yuga Labs has announced a new Bored Ape Yacht...
Citi Ventures Backs Its First Digital Asset Manager, Co-Leading a $6M Round in Xalts
“With xalts, we are building innovative, institutional-grade investment products and solutions which focus on high compliance and control standards – things institutional investors care about,” ...
Steve Aoki Backs Crypto With a Firm Belief in Web3
Steve Aoki is not just a DJ anymore. He is also half crypto-man who strongly believes that cryptocurrency will become an exchange in the future. He has also expressed his belief in the overall growth ...