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Latest from Helene Braun
Crypto Exchange Bittrex Laying Off More Than 80 People
CEO Richie Lai cited the “new economic environment” as the primary reason for the cuts.
Fidelity Digital Assets' Head of Institutional Crypto Exits Role
Chris Tyrer joined Fidelity Digital Assets as its first U.K. employee four years ago.
UK Man Sentenced to 4-1/2 Years in Jail for Stealing $2.5M in Crypto
Wybbo Wirsma, a Dutch native who lived in the U.K., was under investigation for five years before pleading guilty in an Oxford court on Thursday.
Crypto Exchange Bithumb Owner’s Arrest Requested by South Korean Prosecutors: Report
Kang Jong-Hyun and his sister are under investigation for embezzlement related to tax evasion allegations against Bithumb.
Coinbase Trading Volume Increases in January While Other Exchanges See Declines: JPMorgan
Coinbase’s reputation as one of the more trustworthy exchanges in the U.S. has helped it following the collapse of rival FTX.
Moody’s Further Downgrades Coinbase Junk Bonds, Joining S&P
The ratings agency cited Coinbase’s weakened revenue and cash flow generation potential due to the ongoing crypto winter as reasons for the move. S&P downgraded the company earlier this month.
Huobi, Confirming Justin Sun as Leader, Takes Aim at 'Rat Trading'
The exchange addressed why it has frozen some accounts in the past.
Binance CEO Says Many Crypto Players ‘Get Distracted’ by Money
Changpeng Zhao said it’s important to focus on the technology.
Coinbase Junk Bonds Further Downgraded by S&P on Weak Profitability, Regulatory Risks
The agency lowered Coinbase’s credit rating from BB to BB-, a further step away from investment grade.
Amazon Web Services Taps Avalanche to Help Bring Blockchain Technology to Enterprises, Governments
Avalanche is the first blockchain to form a partnership with Amazon’s cloud-computing platform.
