Crypto Bear Market Triggers Rise in M&A Activity

In 2018 there was a rapid decline in initial coin offerings, a slowdown in blockchain business launches, and a bearish crypto market. During this period, companies with good liquidity have been scaling up and strengthening by acquiring startups.  Also Read: Global Cryptocurrency M&As Rise  M&A Deal Frenzy in 2018 In 2017 the number of cryptocurrency and […]

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Coinbase’s Decentralized Exchange Acquisition Is a Shortcut to List ERC20 Tokens

As reported here on May 24, the world’s biggest cryptocurrency brokerage and trading platform, Coinbase, acquired decentralized cryptocurrency exchange Paradex. Intent to Add Tokens In an official announcement, Coinbase CEO Brian Armstrong stated that the acquisition of Paradex was part of a larger Coinbase initiative to expand globally and serve customers outside of the US. “The move not only reinforces Coinbase’s commitment to investing in decentralized infrastructure and participating in the nascent world of wallet-to-wallet trading, but also our focus on the international crypto trader. After making some product enhancements, we’ll initially offer this experience to customers outside the U.S., and eventually

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Coinbase Acquires Decentralized Exchange Paradex

Coinbase is one of the bigger household names in the world of cryptocurrency. The company is best known for offering its cryptocurrency exchange services to consumers from all over the world. However, even major companies have to keep evolving. As such, the firm recently acquired one of its smaller competitors, Paradex. An Interesting Acquisition by Coinbase In the world of cryptocurrency exchanges, competition is direly needed. Centralized trading platforms are the go-to gateways for novice enthusiasts looking to buy small, medium, and large amounts of cryptocurrency. Coinbase is one of the most popular platforms in this regard, even though there

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Coinbase Acquires Decentralized ERC-20 Trading Platform Paradex

Coinbase Acquires Decentralized ERC-20 Trading Platform ParadexOn Wednesday, May 23 the San Francisco based exchange Coinbase announced the acquisition of a decentralized digital token relay-trading platform called Paradex. Alongside adding the decentralized exchange (Dex), the firm has also revealed it is retiring the name GDAX and that platform will soon be known as ‘Coinbase Pro.’ Also Read: Markets Update: Stormy Weather Continues […]

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