Bitcoin River’s financial services company said its commercial customers reinvested an average of 22% of profits in Bitcoin, reporting an increase in basic adoption. River customers, real estate companies were the biggest adopters with almost 15% profits in Bitcoin (BTC), while the hospitality, finance and software sectors allocate between 8% and 10%, said Sam Baker, … Read more
The FTX Crypto Exchange FTX customers seek to update their trials against Fenwick & West, one of the law firms formerly contracted by the company, saying that new information shows that it was at the heart of the FTX collapse. The criminal trial of the former CEO of the FTX, Sam Bankman, and surveys in … Read more
Binance has teamed up with BBVA, one of the largest banks in Spain, to act as an independent goalkeeper for customer funds, according to a Friday report in the Financial Times, citing two people familiar with the arrangement. This decision would aim to restore confidence in the centralized cryptography investment following scandals such as the … Read more