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Crypto.com Received Approval to Register in Ireland; AI-Linked Tokens Underperform After Apple Event

"CoinDesk Daily" host Helene Braun breaks down the biggest headlines impacting the crypto industry today, as Crypto.com received the green light to register in Ireland as a virtual asset service provider. Plus, the latest price moves in AI-related tokens after Apple's event and Fireblocks' partnership with Coinbase International Exchange.

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Крипто.com оскаржить штраф у розмірі 3,1 мільйона доларів голландським регулятором за роботу без реєстрації

Центральний банк Нідерландів оголосив, що штраф було накладено за невиконання вимог до того, як компанія зареєструвалася в регуляторі, і біржа оскаржує штраф.

Crypto.com has registered as a crypto provider with the central bank in the Netherlands (crypto.com)

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Crypto.com to Cut 20% of Workforce Amid Crypto Winter

Crypto.com said it is cutting its workforce by around 20% as the crypto industry continues to reel from the effects of the ongoing crypto winter. "First Mover" hosts discuss the series of job cut announcements from companies, including Genesis, Coinbase, Blockchain.com and ConsenSys.

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Crypto.com CEO Dismisses Balance Sheet Concerns

In a live question session hosted on YouTube, Kris Marszalek, CEO of crypto exchange Crypto.com, said the company’s balance sheet is strong and its exposure to FTX was limited to $10 million, down from a possible $1 billion in business the two exchanges previously had together. "The Hash" panel discusses the outlook for Crypto.com amid FTX contagion fears.

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Crypto.com Scraps $495M Champions League Sponsorship Deal: Report

Cryptocurrency exchange Crypto.com has backed out of a five-year sponsorship deal worth $495 million with the UEFA Champions League, European soccer's elite league, according to a report in SportBusiness. "The Hash" hosts discuss the latest fallout of the market downturn and the state of crypto advertising.

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Crypto.com Wages Legal Battle After Accidentally Refunding User $10M Instead of $100

Exchange Crypto.com accidentally transferred an Australian woman $10 million instead of the $100 refund she requested last year, according to the Daily Mail. “The Hash” panel discusses the subsequent lawsuit and it means for future regulation.

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Crypto.com Reportedly Reduces Workforce Since Initial Layoff Announcement; Canaan Sees 'Prolonged Headwinds' After Challenging Quarter

Crypto exchange Crypto.com has laid off hundreds more employees since the initial layoffs in June, according to The Verge. Bitcoin mining rig maker Canaan said tougher market conditions will hurt its financial performance near-term after a difficult second quarter. Cowen analyst Stephen Glagola downgrades his rating on bitcoin miner Stronghold Digital.

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Обмін Крипто.com зареєстрований у фінансовому регуляторі Великобританії

Реєстрація дозволяє Крипто.com займатися «певними Крипто активами».

The Financial Conduct Authority regulates the U.K. crypto market. (Shutterstock)

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