Crypto Exchange


Finance

Crypto Firms, Especially Exchanges, Slash Jobs as Market Rout Continues

Many crypto companies are announcing substantial job cuts and hiring freezes amid challenging times for cryptocurrency and equity markets.

The bear market downturn in the cryptocurrency and equity markets has led to growing layoffs by crypto firms. (Getty Images)

Finance

Middle Eastern Crypto Exchange Rain Lays Off Dozens of Employees: Report

The move follows news of workforce reductions at a number of exchanges in the U.S. and worldwide.

Bahrain

Vidéos

Binance Labs Raises $500M Fund for Web 3 Investments

Binance Labs, the venture capital arm of crypto exchange Binance, has raised $500 million for a fund investing in Web 3 and blockchain companies. This comes as Forbes confirmed it’s no longer going public via SPAC after Binance invested $200 million in the publisher earlier this year.

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Vidéos

FTX.US’ Harrison Isn’t Afraid of Competition from Traditional Exchanges

Brett Harrison, President of FTX.US, joined CoinDesk at the World Economic Forum in Davos to discuss whether crypto exchanges should act as a gatekeeper for the listing of crypto assets and future market dynamics as more institutional investors enter the space.

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Finance

Coinbase Has ‘Structural Advantage’ Over Competitors, Cowen Analyst Says

Stephen Glagola gave the crypto exchange an outperform rating and $85 price target.

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Finance

Argentinian Crypto Exchange Buenbit Cuts 45% of Staff Due to Tech Industry Downturn

The company will focus on its current operations in Argentina, Mexico and Peru, and freeze previous plans to expand into other countries.

Federico Ogue, CEO de Buenbit. (Buenbit)

Vidéos

Coinbase Becomes First Crypto Firm to Join Fortune 500 List

Crypto exchange Coinbase has entered the Fortune 500, a ranking of the biggest U.S. companies by revenue, becoming the first cryptocurrency company to join the list. “The Hash” panel discusses why this is a watershed moment for the crypto industry.

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Vidéos

FTX US Debuts Stock Trading in Push for Bigger Slice of US Retail Pie

FTX.US, the Chicago post of Sam Bankman-Fried’s trading empire, said it will begin testing stock trading functionality for a handful of U.S. users. “The Hash” panel discusses FTX’s push into the traditional finance ecosystem and why we could expect to see more crypto exchanges follow suit.

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Juridique

Biden Administration Wants Crypto Exchanges to Separate Customer and Corporate Funds

Federal officials saw Coinbase’s admission about customers’ vulnerability in a bankruptcy and will call for congressional action to segregate clients’ funds, source says.

The Biden administration is pushing for legislation that would fence off customer funds within crypto exchanges, keeping them safe in an exchange failure. (Andrey Denisyuk/Getty Images)

Vidéos

US Agencies Warn of Attempts by North Koreans to Get IT Jobs

Three U.S. government agencies warned on Monday that some North Korean IT workers were trying to secure jobs while concealing their nationalities. CoinDesk’s Nikhilesh De discusses what we know so far and what this means for crypto.

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