Blockchaincom
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Blockchain.com has resumed stable currency trading
According to reports, Blockchain. com said on social media that Wallet now provides stable currency transactions. Earlier, Blockchain. com officially said that PAX and USDC transactions on the exchange were temporarily suspended. We are paying close attention to the market and plan to restart the conversion soon. Interpretation of this information: The Blockchain.com platform has recently announced that their wallet now provides stable currency transactions. This can be seen as a step forward for the company since they previously had to suspend PAX and USDC transactions on their exchange. Although…
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CoinFLEX asked Blockchain.com to return its FLEX worth more than $4.3 million
According to reports, CoinFLEX, the cryptocurrency exchange, requested Blockchain. com to return its FLEX tokens worth 4.3 million dollars, otherwise it would face legal proceedings, and claimed that they lent a total of 3000000 FLEXs to the Luxembourg-based financial services company last year, but Blockchain. com said that this statement was “completely unfounded and purely fictitious. CoinFLEX did not provide any evidence, documents or on-chain data to support their claim”. Interpretation of this information: Recently, there have been reports that CoinFLEX has demanded Blockchain.com to return its FLEX tokens worth…
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Blockchain.com sold assets to fill its exposure to Sanjian Capital of US $270 million
It is reported that Blockchain.com has been trying to sell assets to fill its exposure to Three Arrows Capital (3AC) of US $270 million. The spokesman said that its venture capital department BlockchainVentures recently sold 80% of the shares of PolySign. Blockchain.com participated in the US $53 million round B financing of this infrastructure start-up in 2021. According to the source, the company is still actively seeking to raise more funds, even if the valuation is significantly reduced, and hopes to provide debt warrants. Interpretation of this information: The news…
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Insiders: Blockchain.com did not sell any subsidiaries and did not negotiate with Coinbase
According to reports, according to people familiar with the matter, Blockchain. com did not sell any subsidiaries or discuss possible transactions with Coinbase. It also said that Blockchain. com has sold its illiquid positions to make profits and improve liquidity to take advantage of opportunities. Interpretation of this information: The message stated that Blockchain.com, a digital currency wallet and exchange platform, did not sell any subsidiaries or discuss potential transactions with Coinbase, one of the largest cryptocurrency exchanges. This information is based on reports and sources who are knowledgeable about…