Public filings released in late May establish the strongest link yet between Bitstamp and Korean gaming firm Nexon, which was rumored to have bought the cryptocurrency exchange earlier this year.
Word of the acquisition also came months after Nexon bought a majority stake in crypto exchange Korbit for roughly $80 million in September 2017.
Business Insider later reported in April that Nexon was in talks to acquire Bitstamp for $350 million.
Lee Jungheon, CEO of Nexon Korea, said in the wake of that report that “Nexon Korea does not have anything to do with a Bitstamp acquisition” according to the Korea Herald.
The report states that Bitstamp Holdings N.V. acquired 100 percent of Bitstamp Japan Co., Ltd on April 25.
But while the documents establish a link to Bitstamp, it’s not clear whether they constitute an “acquisition” of Bitstamp given the lack of information regarding Bitstamp Japan Co., Ltd.
We’ve all been there: you’re sitting at your computer, logged into Coinbase Pro and carefully watching the prices. You’ve timed the market, and carefully trained your reflexes to buy the dip and then BAM! Missed.
Bitcoin (BTC) bears have been in control for far too long these past few months. The bulls appear to have given up without even putting up a fight. This is to be expected in markets like these when fears of a government crackdown, stringent regulations and exchange hacks constantly loom over the horizon.
We have all been there. It comes to the last day of your holiday and you realise you’ve over done it and bought too much of the local currency. Irritatingly, you’re not always able to exchange small amounts of foreign currency back at home.
