exchange

Crypto exchange Kraken taps Marco Santori as chief legal officer

Kraken’s Jesse Powell stepping down as CEO of crypto exchange

Jesse Powell, chief executive of crypto exchange Kraken, is stepping down.  David Ripley, currently serving as Kraken’s chief operating officer, will take on the CEO role in the coming months.  Powell will continue to serve as chairman of the board at the crypto exchange he co-founded in 2011, according to Fortune.  “For …

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Indonesian Exchange Pintu Raises $113M to Meet Country's Crypto Boom

Indonesian Exchange Pintu Raises $113M to Meet Country’s Crypto Boom

“Crypto adoption is happening everywhere, and Indonesia has proven itself to be one of the world’s most rapidly growing markets for crypto assets,” Pantera partner Paul Veradittakit said in the press release. ”Crypto is a global asset class, and Pintu has become Indonesia’s premier portal to gain access to crypto and invest alongside global peers.” …

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Crypto exchange Rain Financial dismisses dozens of employees amid downturn, Bloomberg says

Crypto exchange Rain Financial dismisses dozens of employees amid downturn, Bloomberg says

advertisement Rain Financial, a crypto exchange based in Bahrain, has cut dozens of employees amid a downturn in digital assets, people with direct knowledge of the matter told Bloomberg.  “As cryptocurrencies and global markets continue to slow down, this has in turn impacted businesses across the globe,” Rain Financial CEO Joseph Dallago said in a …

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Huobi acquires Latin America exchange Bitex

Huobi acquires Latin America exchange Bitex

advertisement Huobi Global announced today that it has purchased Latin America-based exchange Bitex in a deal with confidential terms.  Bitex, founded in 2014, operates in Argentina, Chile, Paraguay and Uruguay. The company will join Huobi Global’s platform but keep its own branding and management, according to a May 26 press release.  The Bitex website shows …

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