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Crypto Exchange
Fidelity International-Backed Exchange OSL Cuts Workers Amid Crypto Winter: Bloomberg
Hugh Madden, CEO of OSL's parent company, cited current market conditions.
Three Arrows Capital Founders Are Reportedly Pitching Investors
According to The Block, the founders of collapsed crypto hedge fund Three Arrows Capital (3AC) Su Zhu and Kyle Davies, along with CoinFLEX co-founders Mark Lamb and Sudhu Arumugam, are looking to raise funds for the launch of a new crypto exchange. "The Hash" panel discusses the details outlined in this report.
Analysts ‘Encouraged’ by Coinbase Layoffs, Showing Company Is Being Financially Disciplined
The crypto exchange’s dwindling group of sell-side bulls said Tuesday’s announced staffing cuts are a necessary step.
Coinbase Cuts Around 20% of Workforce as Crypto Winter Rages
The exchange expects the restructuring to cost $149 million to $163 million.
Jefferies Initiates Coverage of Crypto Exchange Coinbase With ‘Hold’ Rating on Near-Term Concerns
The exchange has staying power due to its healthy balance sheet, a proactive approach to regulatory compliance, sensible risk management and legitimacy as a public company, the report said.
Cowen Downgrades Coinbase Stock, Citing Trading Volume Declines
The firm said it's not clear whether trading will recover after the collapse of FTX.
Binance Controlled 92% of Bitcoin Spot Trading Volume at End of 2022: Arcane Research
A move during the summer to eliminate bitcoin trading fees and the collapse of rival exchange FTX pushed more investors to the Binance platform.
Binance Led in Market Share in 2022 as Volume on Centralized Exchanges Fell
The crypto exchange dominated the market with about a two-thirds share among 11 leading exchanges.
Indians Moved Over $3.8B to Foreign Exchanges Since Crypto Tax Rules
A study from the Esya Centre provides the first monetary estimate of what effect the country's crypto taxes has had on domestic trading platforms.
Former Bithumb Chairman Acquitted in $100M Fraud Case
Prosecutors in South Korea were seeking an eight-year prison sentence for Lee Jung-Hoon, who was acquitted in the first court hearing.
