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Cryptocurrency ExchangeRobinhood (HOOD) has completed the acquisition of European crypto exhange Bitstamp for $200 million. The logos on Bitstamp's website and app have been updated to read "Bitstamp by Robinhood."The deal, which was first announced in June of last year, gives Robinhood an entry into the global crypto trading market, both retail and institutional.Founded in 2011, Bitstamp is the world's longes active crypto exchange and now holds over 50 licenses and …See the Story
Robinhood Completes $200M Acquisition of Crypto Exchange Bitstamp
100% Center coverage: 2 sources

Cryptocurrency · TaiwanTaiwanese cryptocurrency exchange BitoPro is suspected to have lost over $11.5 million worth of tokens in a May 8 exploit, widely-followed blockchain sleuth ZachXBT said in his Telegram group on Monday.The exploit involved unauthorized access to BitoPro's hot wallets across multiple blockchains, including Ethereum, Tron, Solana, and Polygon.The stolen assets were then sold on decentralized exchanges, with proceeds laundered through privacy proto…See the Story
Taiwanese Crypto Exchange BitoPro Likely Hacked for $11M in May, ZachXBT Says
100% Center coverage: 1 sources

Central Bank · RussiaThe Bank of Russia said that financial institutions may offer crypto-linked instruments to qualified investors as the nation continues to explore crypto offerings."Financial institutions may offer qualified investors financial derivatives, securities, and digital financial assets whose yields are linked to cryptocurrency prices," the Bank of Russia said in a post on Wednesday.Russia has softened its stance to crypto of late as the asset has cont…See the Story
Bank of Russia Says Financial Institutions Can Offer Crypto-Linked Instruments to Qualified Investors
100% Center coverage: 1 sources