Bitcoin News Today TheBitTimes.com

On May 6, 2024, Crypto.com, one of the leading cryptocurrency exchanges, announced surpassing the 100 million worldwide user mark. This marks a pivotal moment for the company, founded back in 2016, which has consistently been one of the leaders in the space when it comes to regulatory compliance, security, and privacy. The achievement comes hot on the heels of Crypto.com’s latest brand film, “INEVITABLE,” under the theme of Fortune Favors the Brave. Interestingly, Crypto.com’s user base has been on a steady rise since the adrenaline-fueled Formula 1 Crypto.com Miami Grand Prix in May 2022, as per the latest information shared by the exchange with Finbold.com. Picks for you AI predicts Platinum price for May 31, 2024 44 mins ago How to invest 100k to make $1 million: A guide to maximizing your returns! 53 mins ago Warren Buffett predicts ‘higher taxes are likely’ for the U.S. 2 hours ago Chinese scholars agree on merits of Bitcoin ...

Deutsche Bank is set to offer customers cryptocurrency custody options through a partnership with cryptocurrency infrastructure platform Taurus. The German bank was one of a handful of company’s to invest in a $65 million, series B fundraising round for Taurus in Feb. 2023. The company offers enterprise-grade infrastructure to issue, manage custody and trade crypto currencies, tokenized assets, nonfungible tokens (NFTs) and other digital assets. According to Taurus co-founder Lamine Brahimi, the partnership underwent a "thorough and very detailed" due diligence process before the German bank decided to use its infrastructure services: "It started, end of 2021 and ended somewhere in 2022. We won the deal a couple of quarters ago." As Cointelegraph previously reported, Deutsche Bank has been brewing plans to offer cryptocurrency custody and trading services to its clients over the past three years. The bank most recently applied for a digital asset custody license ...

One of the world’s oldest cryptocurrency exchanges, Bitstamp, is trying to scale its operations with new fundraising advised by Galaxy Digital. Bitstamp, one of the world’s longest-running crypto currency exchange s, is moving forward with its global expansion ambitions, reportedly working to raise new funds to scale operations. Crypto exchange Bitstamp started the fundraising process in late June, with Michael Novogratz’s Galaxy Digital Holdings acting as an adviser, Bloomberg reported on Aug. 7. The firm plans to use the raised capital to launch derivatives trading in Europe in 2024 and expand several of its served markets in Asia. Bitstamp is also looking to scale its services in the United Kingdom, the report notes. Bitstamp’s global CEO Jean-Baptiste Graftieaux reportedly said that the company is now exclusively focused on raising money to expand the services to retail and institutional crypto clients. He added: “Bitstamp is not for sale, and we are not actively looking to s...