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Crypto Exchange
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.

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The app demonstrated its robustness when about $6 billion of customer funds were withdrawn on Dec. 13, a Bernstein report said.

Crypto Exchange Kraken to End Japan Operations
The company will close shop in the country at the end of January.

Peter Thiel-Backed Crypto Exchange Bullish Calls Off SPAC Deal
Far Peak Acquisition and Bullish agreed to a merger in July 2021.
