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Crypto.com
Coinbase Lays Off Roughly 1,100 Employees as Crypto Market Tumbles
Publicly traded crypto exchange Coinbase is letting go of roughly 1,100 employees to cut costs, according to a recent company filing Tuesday. This comes after BlockFi and Crypto.com also announced layoffs. "The Hash” group discusses the consequences, the dilemma that many of the big names in crypto are facing after over-expanding during the bull run.
Crypto.com, BlockFi to Cut Over 400 Jobs Amid Market Rout
The companies are the latest crypto firms to announce job reductions, joining Gemini and Rain Financial, among others.
Shopify Expands Crypto Payment Options With Crypto.com Pact
Shopify merchants also have access to Jack Mallers' Strike, Coinbase Commerce and BitPay.
Yellen’s Stablecoin Warning; China’s E-CNY Plans Looking Shaky
Janet Yellen cites Terra’s UST fiasco while warning over stablecoins. Crypto.com COO warns of tough times ahead for markets. Asian Games postponement, Covid-19 lockdowns affect China’s digital yuan rollout. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Crypto.com Restarts Staking Rewards After Community Furor
Staking rewards of as much as 8% will be offered to its card users, the company’s CEO said.
Crypto.com to Pay Bitcoin Bonuses to UFC Fighters
Bitcoin bonuses will be awarded to the three standout athletes at each UFC pay-per-view event as voted for by fans across the world.
Binance to Sponsor 64th Annual Grammy Awards
Binance, the world’s largest crypto exchange, has announced plans to sponsor the 64th Annual Grammy Awards, the biggest night in the American music industry. “The Hash” group discusses why crypto companies are vying for mainstream audiences, noting advertisements by FTX, Coinbase, and Crypto.com in this year’s Super Bowl. Plus, a conversation about the possibility of a metaverse Grammy Awards.
UAE Becoming Crypto Hub; India’s Tax Bogeyman
Australia’s BTC Markets partners with Mastercard for payment options. Crypto.com, Bybit book tickets to Dubai to set up bases. India’s crypto taxes scaring away younger investors. More on those stories and other news shaping the cryptocurrency and blockchain world in this episode of “The Daily Forkast.”
Dubai Attracts Crypto.com, Bybit as Friendly Rules Bear Fruit
Crypto.com is establishing an office in Dubai while Bybit is moving its global HQ.
Crypto.com Nabs FIFA World Cup Sponsorship for Undisclosed Sum
The exchange is adding the world’s most storied soccer tournament to its growing list of sports sponsorship deals.
