Crypto.com Expands Offerings With Acquisition in Australia

November 17, 2024 Bitcoin.com

Australia

Crypto.com has announced its acquisition of Fintek Securities Pty Ltd., a brokerage firm with an Australian Financial Services Licence regulated by the Australian Securities and Investments Commission. This move allows Crypto.com to broaden its financial product offerings, including derivatives, securities, foreign exchange, and managed investment schemes, to eligible users. CEO Kris Marszalek highlighted the acquisition […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

FTX tries to reclaim $11M from Crypto.com-controlled Alameda account

November 8, 2024 Coin Telegraph

FTX tries to reclaim M from Crypto.com-controlled Alameda account

Bankruptcy

Alameda Research has filed complaints against crypto exchange KuCoin and Crypto.com to recover millions in locked funds as FTX prepares to repay users.

Alameda Research, one of the sister firms connected to defunct crypto exchange FTX and a party to its bankruptcy case, is seeking to recover more than $11 million in a Crypto.com account held since 2022.

In a Nov. 7 filing in the United States Bankruptcy Court for the District of Delaware, Alameda filed a complaint to “recover at least $11.4 million in debtor assets contained in a Crypto.com exchange account” controlled by the company. The firm requested an order from the bankruptcy court “directing Crypto.com to turn over to the Debtors the assets” that were not of “inconsequential value.”

Source: Kroll

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Crypto.com Unveils ‘Level up’ Rewards Program, Integrates New Service Suite

November 8, 2024 Bitcoin.com

bitcoin.com

Singapore-based Crypto.com has unveiled its “Level Up” rewards program, seeking to deliver stocks, banking services, and cards under one roof. The company will integrate these new functionalities, offering 3% on stock deposit transfers, 7.5% rewards on idle cash balances, and 8% in uncapped rewards on card spending. With this move, including these new and improved […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Crypto.com To Offer Equities Trading to US Customers After Acquiring Broker-Dealer

November 2, 2024 The Daily Hodl

crypto trading

The Singapore-based digital asset exchange Crypto.com has acquired the US broker-dealer Watchdog Capital in an effort to launch equities trading for American customers. The New Hampshire-based broker is registered with the Securities and Exchange Commission (SEC) and is a member of the Financial Industry Regulatory Authority (FINRA), a self-regulatory organization that creates and enforces rules […]

The post Crypto.com To Offer Equities Trading to US Customers After Acquiring Broker-Dealer appeared first on The Daily Hodl.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Crypto.com Acquires SEC-Registered Broker-Dealer Watchdog Capital to Expand US Trading Offerings

November 1, 2024 Bitcoin.com

bitcoin.com

Crypto.com announced on Thursday the acquisition of Watchdog Capital, LLC, a broker-dealer registered with the SEC and a member of FINRA and SIPC. This acquisition will allow Crypto.com’s new subsidiary to offer equities and equity options to eligible traders in the U.S. CEO Kris Marszalek emphasized the company’s commitment to integrating traditional financial tools with […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Crypto.com acquires SEC-registered broker to expand equities offerings

October 31, 2024 Coin Telegraph

acquistion

The acquisition will allow Crypto.com’s family of companies to offer stocks and equity options to eligible traders in the United States.

Cryptocurrency exchange Crypto.com has announced the acquisition of Watchdog Capital, a broker-dealer registered with the United States Securities and Exchange Commission (SEC).

The move will allow the exchange’s subsidiary in the country to offer stocks and equity options to eligible traders, broadening its suite of financial services beyond crypto. According to an Oct. 31 announcement, Watchdog Capital is also a member of the Financial Industry Regulatory Authority (FINRA) and the Securities Investor Protection Corporation (SIPC).

Watchdog Capital was established by Bruce Fenton, a long-time advocate for digital assets.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

SEC’s Crypto Regulation Labeled a ‘Disaster’ by Commissioner

October 12, 2024 Bitcoin.com

bitcoin.com

A U.S. Securities and Exchange Commission (SEC) commissioner has called the agency’s approach to cryptocurrency regulation a “disaster,” highlighting the SEC’s reliance on enforcement without clear guidance. He criticized the lack of regulatory clarity, which has led to conflicting court rulings, and emphasized the need for clearer distinctions on what falls under securities law. SEC’s […]

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Blockchain data firm Arkham to launch derivatives exchange: Report

October 11, 2024 Coin Telegraph

Arkham

Arkham Intelligence's token, ARKM, is up more than 16% on the news, according to CoinGecko.

Blockchain analytics firm Arkham Intelligence reportedly plans to launch a cryptocurrency derivatives exchange as soon as next month, according to a Bloomberg report.

The exchange will target retail traders and compete with existing platforms such as Binance, Bloomberg said, citing a person familiar with the matter.

Arkham is already reportedly in the process of obtaining a license in the Dominican Republic, where it plans to operate the exchange.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Dip in trading at Binance and other major crypto exchanges confounds experts

October 10, 2024 Coin Telegraph

Binance

Experts are having trouble explaining why trading is slumping at the same time that Bitcoin prices rise. Are geopolitical tensions to blame.

Spot-market trading volume at Binance sagged 23% in September – to $344 billion – its lowest monthly mark since November 2023, CCData reported last week.

And Binance, the world’s largest cryptocurrency exchange, wasn't alone.

Other mainstream exchanges, including OKX, HTX, Coinbase, Kraken, and Bybit reported month-on-month declines of 25%, 24%, 30%, 25% and 20%, respectively, Jacob Joseph, senior research analyst at CCData, told Cointelegraph on Oct. 8.

Crypto Trader Says One Top-50 Altcoin Could Go Up by Over 100%, Updates Outlook on Bitcoin and Ethereum

Crypto.com Files Suit Against SEC Over Expanded Jurisdiction Claims

October 8, 2024 Bitcoin.com

bitcoin.com

Crypto.com has filed a lawsuit against the U.S. Securities and Exchange Commission (SEC), challenging the regulator’s authority over the sale of digital assets on secondary markets. The lawsuit, filed in the United States District Court for the Eastern District of Texas, alleges that the SEC is unlawfully extending its jurisdiction to include most digital tokens […]

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