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Crypto Exchange
Crypto Derivatives Exchange Bybit to Settle Options Contracts in USDC
The company will be using the second-largest stablecoin by market cap for its relative stability.

OKX to Increase Staff by 30% Despite Market Downturn
The crypto exchange wants to have 5,000 employees.

CoinFLEX to Launch a $47M Recovery Token to Solve Withdrawal Issues
The exchange said last week it was halting withdrawals amid market declines and counterparty uncertainty.

Australian Crypto Exchange Banxa Lays Off 70
The company cited the "crypto winter" for the move that reduced its staff by 30%.

Binance Signs Football Star Cristiano Ronaldo for NFT Push
Crypto exchange Binance has entered an exclusive multi-year non-fungible token (NFT) partnership with football legend Cristiano Ronaldo. “The Hash” squad discusses the latest celebrity NFT push potentially bringing Web3 and digital collectibles to global sports fans.

Coinbase Phasing Out ‘Coinbase Pro’ for ‘Advanced’ Mode in Main App
Crypto exchange Coinbase will phase out its trader-focused “Coinbase Pro” in favor of “Advanced Trade,” a similar exchange service that lives alongside Coinbase’s other crypto investment products, unlike Pro. “The Hash” panel discusses the latest move from Coinbase and what this means for accessibility.

Hong Kong’s Hoo.com Expects to Re-Open Some Token Withdrawals Today; Finblox Takes Steps to Address Liquidity
Several Hong Kong-based crypto platforms have made changes to their policies amid the market upheaval and liquidity crunches.

Bybit to Reduce Workforce as Crypto Slump Drives Cost-Cutting Measures
The crypto exchange is looking to remove overlapping functions and build smaller, more agile teams, it told CoinDesk.

Kevin O’Leary Says ‘Panic Event’ Is Needed Before Crypto Bottoms
The strategic investor spoke to CoinDesk ahead of crypto marketplace WonderFi's move to the Toronto Stock Exchange.

Binance Clarifies What Caused Earlier Bitcoin Withdrawal Issues
The crypto exchange said the problem was stuck transactions and the fix would prevent the issue from recurring.
