Coinbase Terminates 950 Employees
The CEO of Coinbase, Brian Armstrong, announced in a public blog post that he has made the difficult choice to reduce their operating costs by...
Category : Cryptocurrency Exchange
Nepal Regulators warns ISPs to Block Cryptocurrency Websites or Risk Legal Action
The Nepalese government is gearing up taking action to block crypto-related activities. The Nepalese Telecommunications Authority(NTA) warned all internet service providers (ISPs) on January 8...
Is Sam Bankman-Fried the Culprit of the Ultimate FTX Collapse?
Only one month had passed when Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, filed for bankruptcy on behalf of his company and Alameda...
Celsius Wants to Extend the Time for Consumers to Make Claims
Celsius Network, a now-defunct digital asset lender, has disclosed that it is requesting a grace period of one further month to allow its clients to...
Binance acquires Tokocrypto, an Indonesian Company
Binance has taken over Tokocrypto, an Indonesian crypto trading firm in which they have been a key stakeholder since its inception. According to officials, the...
Binance Token Ends Losing Streak Fueled by Crypto Exchange Concerns
Binance Holdings Ltd.’s native cryptocurrency has ended a sustained decline fueled partly by fears over outflows from the world’s biggest digital-asset trading platform. Binance Coin...
FTX Files for Dissolution of Four Independently Operated Subsidiaries
The collapsed cryptocurrency exchange FTX filed a fresh request in Delaware Bankruptcy Court to allow bidding proceedings for four of the firm’s independent solvent companies....
Kraken Reduces Workforce by 30% to Survive Crypto Winter
Kraken, the second biggest cryptocurrency exchange in the United States, has stated that it would lay off almost 30% of its workforce, or 1,100 employees....
BITFRONT Announces its Closure
On Monday, the cryptocurrency exchange BITFRONT announced its collapse. The Singapore-based cryptocurrency exchange warned consumers through a website notice. It underlined hurdles in the embryonic...
Bitcoin and Ethereum Daily Price Analysis
Due to recent investments, the value of the global cryptocurrency market has increased. Bitcoin, Ethereum, and others have all had positive outcomes from recent reforms....