Huobi founder reportedly looks to sell his majority stake for over $1 billion
    13 Aug 2022
    97 Views

    Leon Li, the founder of major crypto exchange Huobi Global, is reportedly in talks to sell his majority stake in the company, which could value the firm at over $3 billion. The deal could be one of the biggest in crypto history. According to Bloomberg, Li is looking to sell almost 60% of the firm…

    BlackRock launches a new Bitcoin trust, pushing institutional crypto adoption
    13 Aug 2022
    60 Views

    BlackRock announced Thursday the launch of a private trust that will hold Bitcoin and seek to track the asset’s performance, with Coinbase serving as the trust’s custodian. The news marks a giant leap forward in Bitcoin’s institutional adoption, which brought out a flurry of bold calls. This development comes one week after BlackRock announced a…