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Korea’s Largest Bitcoin Exchange Sells Stake in $350 Million Deal

Bithumb, currently the largest cryptocurrency exchange in South Korea by trading volume, just confirmed it has sold more than 38 percent of its total ownership to a blockchain consortium based in Sing ... read more

$350 Million: Singapore Consortium Gains Majority Stake in Korea’s Biggest Bitcoin Exchange

South Korea’s largest cryptocurrency exchange by trading ... majority owner in a $350 million deal. BTC Holdings Company, which was Bithumb’s biggest stakeholder until Thursday with a 75.99% stake fin... read more

Bitcoin Exchange Bitstamp Acquired in Latest Cryptocurrency Deal

Bitstamp, a Luxembourg-based Bitcoin exchange ... a South Korean cryptocurrency exchange. The financial terms of the deal were not disclosed, but the purchase price was rumored to be around $400 milli... read more

Winklevoss twins' cryptocurrency firm hires NYSE executive

In April, Gemini signed a deal to use Nasdaq's technology to ensure trading activity complies with banking standards. Their attempt to sell an exchange ... Korea's Bithumb, one of the world's largest ... read more

Here's Why Bitcoin Won't Replace Gold So Easily

But I don't think for a second that cryptocurrencies will ever replace gold ... he's waiting to sell assets until he knows the plan will go through. "I would feel kind of silly if I realized $1 billio... read more

GLOBAL SNAPSHOT: Dow Tops 26,000 As Normal Transmission Resumes In US Equities

For the year output rose 3.6% - the largest yearly gain since 2010. Industrial capacity utilization rose to 77.9% - its highest in almost two years. The homebuilders index for January was 72 from 74 i... read more

Bitcoin’s 10th Birthday & Bitstamp Acquisition :: Pantera Blockchain Letter, October 2018

Founded in 2011, Bitstamp is the European Union’s largest digital currency exchange by volume with three million registered customers. Bitstamp and BTC China are the oldest bitcoin exchanges ... NXC a... read more

Bitcoin Exchange Bitstamp Acquired by Belgian Investment Firm in All-Cash Deal

Bitstamp, one of the oldest and largest bitcoin ... the South Korean technology investment firm that also owns regional cryptocurrency exchange giant Korbit. In April, NXC denied reports that the firm ... read more

Indonesian Unicorn Go-Jek Acquires Majority Stake in Filipino Crypto Wallet

giving the country a majority stake in Coins.ph. Citing two undisclosed industry sources, Techcrunch has reported that the deal saw Go-Jek pay $72 million for the shares. Launched in Jakarta in 2011, ... read more

Bitstamp Is Looking Towards ‘Global Expansion’ After Being Acquired by South Korean Investors

On October 29, the cryptocurrency exchange, Bitstamp, was acquired by Belgium-based investment firm NXMH, which in turn, is owned by South Korean ... a 265 million yen ($2.4 million) deal to acquire d... read more

Cryptocurrency Exchanges Are Increasingly Roiled by Hackings and Chaos

Huge sums are at stake. As the prices of bitcoin ... than $5 million when it came under attack and couldn’t be accessed, according to a class-action lawsuit filed in Florida. During the incident, the ... read more

3 Bitcoin Price Factors That Suggest Bears Are in Charge

Korea's Largest Bitcoin Exchange Sells Stake in $350 Million Deal Furthermore, the bearish case is now looking stronger than it did 24 hours ago due to these three factors: As seen in the chart above, ... read more