Exchanges

Gemini and Bancolombia to Enable Crypto Trading in Colombia

  • Starting 14 December, Bancolombia clients will be able to trade four crypto assets, namely BTC, ETH, LTC, and BCH.
  • The partnership is part of a year-long pilot program run by Colombia‚Äôs financial regulator SFC to test banking services for crypto platforms.

Blockchain.com to Launch NFT Marketplace

  • The cryptocurrency exchange has already opened a waiting list for the new platform, which will allow users to buy, sell, and store NFTs.
  • In order to make the process of buying NFTs more straightforward and user friendly, Blockchain.com will add NFT functionality to its crypto wallet.

Crypto.com to Acquire Two U.S. Exchanges

  • The popular crypto exchange has offered IG Group $216 million for its stakes in U.S.-based Nadex and Small Exchange.
  • The acquisition, expected to be complete in the first half of 2022, will enable Crypto.com to offer its U.S. customers access to derivatives and futures products.

Coinbase to Acquire Cryptographic Security Expert Unbound Security

  • Unbound Security is an expert in secure multi-party computation, which combines the security of cold storage with the "frictionless convenience" of a hot wallet.
  • The crypto exchange also plans to establish its presence in Israel, and create a new "tech center of excellence" in the country.

Bancor Reveals New V3 Features

  • Bancor 3 will offer users new pools, an upgraded impermanent loss protection mechanism, auto-compounding for staking rewards, and more.
  • The upgrade is set to roll out in three phases, dubbed "Dawn, Sunrise, and Daylight", targeting deployment for early 2022.

SK Telecom Subsidiary Invests $75M in Korbit Exchange

  • SK Square said it believes its value of net assets could grow just by holding shares of South Korean cryptocurrency exchange Korbit.
  • SK Square and Korbit plan to jointly promote popular crypto niches like non-fungible tokens (NFTs) and the metaverse.

eToro to Delist ADA and TRX for U.S. Customers

  • On 26 December U.S. users will loose the ability to open new positions in ADA and TRX, and by 31 December will no longer be able to stake the tokens.
  • eToro will limit the selling of the assets sometime in Q1 2022, after it has made its wallet compatible with ADA and TRX.

Pangolin V2 Is Live

  • The V2 update features new pools, an improved reward system and a massive token burn event to improve PNG scarcity.
  • A day after the official launch, yield farmers are still enjoying APRs well above standard DeFi rates.

Binance Reportedly in Funding Talks With Sovereign Wealth Funds

  • The move is part of the exchange's plan to improve its "perception and relationships" with foreign regulators.
  • The CEO of the company stated that the talks could take a long time as the "ticket size involved will not be small".

Lydia App to Enable Crypto Trading via Bitpanda Partnership

  • In order to enable trading of digital assets, Lydia has fully integrated Bitpanda's "white Label Solution" into its platform.
  • The 5.5 million users of the payments app will soon have access to over 170 digital assets, including crypto, fractional stocks, ETFs, and precious metals.