Intercontinental Exchange, the owner of the New York Stock Exchange (NYSE) and crypto trading platform Bakkt, has sold its 1.4% stake in Coinbase for $1.2 billion. The trade produced a net profit of about $900 million for Intercontinental Exchange, the company's CFO Scott Hill said in an earnings call last Thursday.
Spartan Protocol, a liquidity platform for synthetic assets on the Binance Smart Chain, was drained of $30 million in a coordinated attack on its liquidity pool last Saturday.
Last Friday, Skew, a company that provides professional data analytics and trade execution services for cryptocurrency markets, announced that it will be acquired by Coinbase.
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Top stories in the Crypto Roundup today:
- NYSE Owner Sells Coinbase Stake for $1.2 Billion, With a Profit of $900 Million
- Spartan Protocol Exploit Results in Loss of $30M
- Skew Announced That it Will be Acquired by Coinbase
- NSBroker Review: The Platform that Helps Traders Improve