Crypto.com Acquires Two Derivatives Platforms For $216M – December 1


📈 30 Second Cryptocurrency Price Summary

Current Bitcoin Price$58,539

Bitcoin price has reclaimed the $58,000 mark today, as price appears to have established some strong support at recent lows.

Top-20 altcoins appear stable over the last 24 hours, as Ethereum gains less than 1%, Cardano remains unchanged and Polygon stands out with a 13% rise.

Top Stories for December 1, 2021 🔥

👉 Crypto.com Acquires Two Derivatives Platforms For $216M

Crypto.com is locked in to acquire two US-based derivatives exchange platforms, in a cash deal worth $216 million.

North American Derivatives Exchange, Inc. and Small Exchange are both being purchased from IG Group Holdings, as Crypto.com appears to me moving to offer derivatives products to its US customers.

The deal comes just two weeks after Crypto.com’s $700 million deal to rename Los Angeles’ Staples Center.

👉 Major Croatian Supermarket Chain Konzum Now Takes Crypto For Payments

Croatia’s largest supermarket chain, Konzum, now accepts payments in crypto for its online store, with plans to expand this to its physical stores in the near future.

Konzum announced this week that it now accepts nine different crypto assets for online payments, including Bitcoin (BTC), Ether ETH), Bitcoin Cash (BCH), EOS (EOS), Ripple (XRP), Stellar (XLM), Dai (DAI) Tether (USDT) and USD Coin (USDC).

👉 1inch Raises $175M In Series B From Amber Group & Others

Decentralized exchange aggregator, 1inch, has raised $175 million in Series B funding, from more than 50 different investors including Amber Group.

The sale was structured as a token sale, with the tokens being drawn directly from the 1inch ecosystem development fund, with all tokens being sold at a flat rate.