One of cryptos longest-running exchanges has been sold

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One of the longest-standing crypto exchanges has new owners after Europe-based Bitstamp was sold to South Korea’s Nexon, marking the gaming firm’s second such acquisition. The acquirer is NXMH, a Belgium-based PE and investment firm owned by NXC — the parent of … Continued

Cryptocurrencies Fall as Korean Exchange Says $32 Million of Coins Stolen

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Cryptocurrencies dropped after the second South Korean exchange in as many weeks said it was the victim of a theft, renewing fears about the security of digital-asset trading venues. Bithumb, ranked seventh in the world by traded value on Coinmarketcap.com, … Continued

Bitcoin Finds a Bottom as Risk Aversion Grips Global Markets

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What’s supposed to be the most volatile asset in the universe is proving to be a bastion of stability compared with wild swings and carnage in global equities this week. Bitcoin clawed its way back from the four-month low of $5,922 … Continued