Crypto Exchanges


Finance

Indian Crypto Exchange CoinDCX Is Cutting 12% of Jobs as Bear Market, Taxes Take Their Toll

The number of employees losing their jobs is 71 out of some 590.

From left: Sumit Gupta (Co-founder & CEO), Neeraj Khandelwal (Co-founder), Gaurav Arora (Sr. Vice President), Vivek Gupta (EVP Engineering). (CoinDCX)

Web3

Is It 2022 Again? Comedian Adam DeVine Appears in Strange Ad for Crypto Exchange Bitget

The “Workaholics” co-creator and star is the face of Bitget’s new #SetForChange campaign, which released a new “Crypto & Beach Houses” video to kick off the partnership.

Screenshot from "Crypto & Beach Houses" video (Bitget/Youtube)

Policy

Hong Kong Lawmaker to Explore Digital Asset Link With Mainland China

Johnny Ng floated the possibility of licensed Hong Kong exchanges being connected with Shanghai's exchanges.

Hong Kong (Ruslan Bardash / Unsplash)

Finance

Coinbase Analysts Optimistic Ahead of Q2 Earnings, but Warn About USDC Risks and Lower Trading Volumes

The crypto exchange reports earnings for the second quarter of 2023 after the market closes on Thursday.

Coinbase's Base blockchain has gone live (Chesnot/Getty Images)

Policy

Binance's Activities Are Illegal in Nigeria, Securities Regulator Says

The regulator also ordered all crypto platform providers to stop reaching out to Nigerian investors.

Lagos, Nigeria (Nupo Deyon Daniel/Unsplash)

Finance

Crypto Exchange Bitget Opens Dubai Office, Plans Middle East Expansion

The crypto trading platform plans to hire up to 60 new members of staff in the region.

Skyscrapers in Dubai (Kent Tupas/Unsplash)

Policy

Dubai Regulator Suspends Crypto Exchange BitOasis' Conditional License

BitOasis said it's working closely with the Virtual Assets Regulatory Authority to fulfil the conditions.

Dubai (Wael Hneini/Unsplash)

Markets

Bitcoin, Ether Supply on Exchanges Fell in June: Goldman Sachs

Still, bitcoin miners’ inventory sales climbed to a record as they took advantage of the cryptocurrency’s strong performance, the report said.

Crypto exchanges are facing regulatory headwinds. (Dimitris Vetsikas/Pixabay)

Markets

Investor Enthusiasm for Coinbase Shares May Prove Short-Lived: Berenberg

The crypto exchange is faced with several risks that could trigger a reversal of the stock’s recent gains, the report said.

Paul Grewal, Chief Legal Officer, Coinbase (CoinDesk)

Finance

Ex-Genesis CEO Michael Moro to Head Crypto Derivatives Exchange Startup

Ankex, a non-custodial exchange with a centralized order book, is being spun out of crypto custody firm Qredo, which Moro joined in January.

Genesis Trading Michael Moro at the Crypto Bahamas event in April 2022 (Danny Nelson/CoinDesk)

Pageof 10