Crypto Exchange


Finance

Coinbase Cuts Around 20% of Workforce as Crypto Winter Rages

The exchange expects the restructuring to cost $149 million to $163 million.

(Chesnot/Getty Images)

Markets

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.

(Marco Bianchetti/Unsplash, modified by CoinDesk)

Finance

Cowen Downgrades Coinbase Stock, Citing Trading Volume Declines

The firm said it's not clear whether trading will recover after the collapse of FTX.

(Unsplash)

Markets

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.

Logo de Binance. (Unsplash)

Markets

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.

Cambios en la participación de mercado entre los 11 principales exchanges durante 2022. (CryptoCompare)

Policy

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.

The Internet and Mobile Association of India has disbanded its body representing India's crypto industry. (Laurentiu Morariu/Unsplash)

Finance

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.

Bithumb is one of South Korea's largest crypto exchanges (Shutterstock)

Finance

Bernstein Says Crypto Exchange Binance Not Likely to Fail

The app demonstrated its robustness when about $6 billion of customer funds were withdrawn on Dec. 13, a Bernstein report said.

Sitio web de Binance. (Unsplash)

Finance

Crypto Exchange Kraken to End Japan Operations

The company will close shop in the country at the end of January.

Cityscape Tokyo, Japan (Ryo Yoshitake/Unsplash)

Finance

Peter Thiel-Backed Crypto Exchange Bullish Calls Off SPAC Deal

Far Peak Acquisition and Bullish agreed to a merger in July 2021.

SPAC - Special Purpose Acquisition Company (zimmytwsvis via Getty images)