Kraken Acquires Australian Crypto Platform Bit Trade

Kraken Acquires Australian Crypto Platform Bit TradeThe global crypto exchanges industry continues to consolidate as some smaller players bow out and the big players try to gobble up as much as they can of the rest. As part of this trend, Kraken has now taken over the Australian platform Bit Trade in a bit to strengthen its foothold in the Asia […]

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Tron and Poloniex Relationship Scrutinized After Digibyte Delisting

Tron and Poloniex Relationship Scrutinized After Digibyte DelistingThe crypto firm Circle recently revealed that it was spinning off the trading platform Poloniex and has since warned customers to withdraw assets or they may be sent to state governments. Following the announcement, the founder of the crypto network Digibyte (DGB), Jared Tate, explained he was extremely upset that his friend’s and family’s sensitive […]

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Yahoo Japan-Backed Exchange Launches Crypto-Yen Markets and Margin Trading

Yahoo Japan-Backed Exchange Launches Crypto-to-Yen Markets and Margin TradingBack in April 2018, it was revealed that Yahoo Japan was planning to launch a cryptocurrency exchange licensed by Japan’s Financial Services Agency (FSA). Now, a year later, Yahoo Japan’s trading platform Taotao is open offering BTC and ETH trading while also providing users with margin trading available in litecoin (LTC), ripple (XRP) and bitcoin […]

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In the Daily: Circle Acquisition, Tagomi Funding Round, Tradingview Crypto Index

In the Daily: Circle Acquisition, Tagomi Funding Round, Tradingview Crypto IndexIn this edition of The Daily we cover a few examples of the evolving institutional crypto investment world. Circle has completed an acquisition of a regulated broker, cryptocurrency prime brokerage Tagomi closed a $12 million funding round, and charting portal Tradingview added a crypto index. Also Read: Tron Partners With Tether to Launch TRC20-Based Stablecoin […]

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Coinbase Acquires Cryptocurrency Surveillance Company Neutrino

Coinbase Acquires Cryptocurrency Surveillance Company NeutrinoCoinbase has acquired the cryptocurrency surveillance company Neutrino, whose team will be joining the American exchange’s European operation. The Milan, Italy-based startup develops blockchain intelligence platforms for crypto companies as well as law enforcement agencies. Also Read: Survey: ‘Blockchain’ Was Most Overrated Buzzword of 2018 Coinbase Acquires Neutrino Coinbase, the San Francisco-based cryptocurrency exchange, announced […]

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In the Daily: Shapeshift Beta, Coinsquare Acquisition, Grayscale Investment Report

In the Daily: Shapeshift Beta, Coinsquare Acquisition, Grayscale Investment ReportIn this edition of The Daily we cover the beta launch of a new platform from Shapeshift, an acquisition by one of the largest cryptocurrency exchanges in Canada – Coinsquare – and the latest Grayscale digital asset investment report. Also Read: Startups-Focused Law Firm Now Accepts Bitcoin Cash Payments Shapeshift Unveils Beta Noncustodial crypto changing […]

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Kraken Acquires British Derivatives Platform Crypto Facilities

Kraken Acquires British Derivatives Platform Crypto FacilitiesCryptocurrency exchange Kraken has acquired Crypto Facilities, a British digital asset trading platform and index provider, in an undisclosed “nine-figure” deal. The acquisition means that Kraken will now be able to offer both spot and futures trading in bitcoin core, bitcoin cash, ripple, litecoin and ethereum while boosting revenue by attracting institutional customers. Also read: Cryptocurrency […]

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Blockchain Company Buys Spanish Soccer Club, Cementing Crypto-Sports Connection

Dutch crypto company Libereum has announced the acquisition of Spanish soccer club Elche CF, who are based in the province of Alicante. The move provides another sign that the crypto world’s interest in sports sponsorship and partnerships is growing.  Also Read: Etoro Will Give Dollar Equivalent of BSV to Pre-Fork Bitcoin Cash Holders Libereum and Elche Share Joint Vision […]

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Wine Retailer to Buy Majority Stake in Japanese Bitcoin Exchange for $30M

Wine Retailer to Buy Majority Stake in Japanese Bitcoin Exchange for $30MMadison Holdings Group Ltd. has agreed to buy 67.2 percent of Japanese cryptocurrency exchange Bitocean for 1.68 billion yen ($15.12 million). Inclusive of fees, the wines and alcoholic beverages company will pay a total $30.12 million. According to local media reports, the deal is to be completed through a subsidiary, Madison Labs. Also read: Cryptocurrency Exchanges […]

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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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