Tag: BlockFi

Crypto.com exchange announces “in-principle approval” from Singapore

Crypto.com exchange announces “in-principle approval” from Singapore

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The cryptocurrency exchange Crypto.com has announced that it is deepening its roots in Singapore after receiving “in-principle approval” from the country’s regulator for its Major Payment Institution License. “Once granted, this license will enable Crypto.com to offer a range of payment services within the Payment Services Act, including Digital Payment Token (DPT) services to customers in Singapore,” stated […]

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Crypto firm BlockFi signs 0 million revolving credit agreement with FTX

Crypto firm BlockFi signs $250 million revolving credit agreement with FTX

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The move comes as the crypto industry reels from crashing prices, frozen accounts, layoffs, and regulatory challenges The move comes as the crypto industry reels from crashing prices, frozen accounts, layoffs, and regulatory challenges BlockFi has signed a term sheet with digital asset exchange FTX for a $250 million revolving credit facility, the cryptocurrency firm’s […]

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Coinbase slashes 1,100 jobs as crypto winter sets in

Coinbase slashes 1,100 jobs as crypto winter sets in

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Coinbase had earlier this month said it would extend a hiring freeze and rescind a number of accepted offers to deal with current macroeconomic conditions. Coinbase had earlier this month said it would extend a hiring freeze and rescind a number of accepted offers to deal with current macroeconomic conditions. Coinbase Global Inc will cut […]

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