Ripple and GME Remittance Team Up to Speed Up Money Transfers Between South Korea and Thailand

Reading Time: < 1 minute Global Money Express Co. Ltd (GME Remittance), one of the largest non-bank money transfer providers in South Korea, has just joined RippleNet.

PNC Bank to Offer Cryptocurrency Services

Reading Time: < 1 minute PNC Bank, the fifth-largest bank in the United States, plans to offer its customers cryptocurrency investment services.

Market Share of Crypto Derivatives Platform FTX Grows From 9% to 16%

Reading Time: < 1 minute The market share of cryptocurrency derivatives exchange FTX has almost doubled since the end of June, from 9% to 16%.

Coinbase’s Quarterly Revenue Hits $2.2B

Reading Time: < 1 minute Coinbase’s total revenue for the second quarter of the year amounted to $2.2 billion, according to the letter the exchange sent yesterday to its shareholders.

Cinema Chain AMC Announces BTC Support

Reading Time: < 1 minute US cinema chain AMC Theaters has recently announced it plans to add support for Bitcoin payments.

Indian Crypto Exchange CoinDCX Surpasses $1B Valuation

Reading Time: < 1 minute CoinDCX, an India-based cryptocurrency trading platform, has just completed a $90 million funding round that has resulted in the company’s valuation surpassing $1.1 billion.

Trading Volume Declined to $56.4B in July On Decentralized Exchanges

Reading Time: < 1 minute Trading volume in decentralized cryptocurrency exchanges decreased to $56.47 billion last month as a result of falling traders’ activity during the past months.

Hashdex’s BTC ETF Becomes Carbon Neutral

Reading Time: < 1 minute The new Bitcoin ETF of Brazilian crypto investment company Hashdex Asset Management, the BITH11, has just become carbon neutral.

Hong Kong Users Can No Longer Access Binance’s Derivatives Platform

Reading Time: < 1 minute Cryptocurrency exchange Binance has just announced that Hong Kong residents can no longer access its crypto derivatives platform.