Binance Asks UK Competition Tribunal to Throw Out Most of Collusion Case: Reuters
The case relates to the delisting of the BSV token in 2019.
Exchanges
Crypto Exchange DMM Bitcoin to Raise $320M to Pay Back Hack Victims
Japanese exchange DMM Bitcoin outlined plans to raise $320 million to purchase bitcoin and pay back victims of last week’s hack.
Bitpanda Drafts Deutsche Bank to Process Fiat Transactions in Germany
This is Bitpanda’s second major partnership in Germany this year after the broker was enlisted by LBBW to offer crypto custody services in the country.
Crypto Exchange OKX Withdraws Hong Kong License Application
The exchange’s action follows that of Huobi Hong Kong and several other applicants earlier this month.
Thai Crypto Exchange Bitkub May Be Valued as High as $3B in IPO: CEO
Jirayut Srupsrisopa said earlier this month that an IPO was planned for next year.
Crypto Derivatives Exchange Stream Trading Raises $1.5M in Seed Funding
The funding round values the company at $20 million.
Crypto Market Conditions That Fueled FTX, Bankman-Fried, No Longer Hold: Galaxy Digital
U.S. investors now have access to regulated bitcoin ETFs that provide the same protections as buying stocks and reduce the incentive to move to unregulated offshore exchanges, the report said.
Thai Crypto Exchange Bitkub Plans 2025 IPO: Bloomberg
The exchange’s owner signaled its intention to sell shares to the public in a 2023 letter that didn’t give a timeframe.
OKX’s Global Compliance Chief Left After Six Months
Patrick Donegan, whose LinkedIn profile says he managed a team of 300 people around the world, was at OKX from August 2023 to January 2024.
Coinbase Upgraded to Neutral as Goldman Sachs Ends Bearish Stance
The bank lifted its rating on the stock after bitcoin hit record highs and the crypto exchange’s trading volume reached levels not seen since 2021.