London Stock Exchange Acquires Cloud-based Tech Provider TORA for $325M
London Stock Exchange Group (LSEG) plans to buy U.S. cloud-based technology provider TORA for $325 million. The deal will add digital currency assets to its exchange to meet growing investor demand for diversified investment tools.
Philippine Crypto Exchange Raised $50M from Series B Round, Led by Tiger Global
Philippine Cryptocurrency Exchange (PDAX) has raised $50 million from a Series B round, led by Tiger Global management.
Top Latin American Crypto Exchange Bitso Enters Colombia
Bitso, one of Latin America's largest cryptocurrency exchanges, said it will enter the Colombian market, hiring former Mastercard executive Emilio Pardo as its new country manager.
Canadian Crypto Platform Newton Raises $20M in Series B funding at $200M Valuation
Newton, Canada’s leading cryptocurrency exchange, has raised $20 million in Series B funding, valuing it at around $200 million.
Binance Creates $1B Insurance Fund for Users Against Hacks
According to Bloomberg, the world's largest cryptocurrency exchange Binance has set up a $1 billion insurance fund for customers to double-protect the platform from hacking attacks.
FTX Exchange Tops $32B Valuation with a $400M Series-C Venture Funding
FTX Derivatives Exchange has concluded its Series C funding round where it raised the sum of $400 million to increase its valuation to $32 billion.
400 Crypto.com Accounts Hacked, CEO Confirms Reimbursement for all Victims
According to a Bloomberg interview, Kris Marszalek, CEO of Crypto wallet provider and trading platform Crypto.com, said he would be more than willing to share information about Tuesday's hack if the regulator has any relevant inquiries.
Crypto.com Suspends all Deposits, Withdrawals due to Suspicious Transactions
Crypto wallet provider and trading platform Crypto.com said it would stop all deposits and withdrawals due to suspected unauthorized transactions on the platform.
Crypto Exchange Bitfinex to Stop Serving Ontario Crypto Investors
Cryptocurrency exchange Bitfinex announced that it will be leaving the Ontario market, reminding users to withdraw all their funds before March 1.
Gemini Enters Wealth Management After Acquiring BITRIA
Gemini announced that it has acquired BITRIA to provide a digital asset ecosystem for wealth management institutional asset managers.