Cryptocurrency exchange Coinbase knew as far back as January about a customer data leak at an outsourcing company connected to a larger breach estimated to cost up to $400 million, six people familiar with the matter told Reuters. At least one part of the breach, publicly disclosed in a May 14 SEC filing, occurred when […]
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Crypto.com, which has 50 million customers globally, registered in South Korea last week and in Italy in July Crypto.com, which has 50 million customers globally, registered in South Korea last week and in Italy in July Singapore-based cryptocurrency platform Crypto.com has registered with Britain’s financial services regulator, the company said in a statement on Wednesday. […]
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Companies including Tesla Inc, Netflix Inc, and Coinbase Global Inc have also been cutting jobs due to slow economic growth Companies including Tesla Inc, Netflix Inc, and Coinbase Global Inc have also been cutting jobs due to slow economic growth Walmart Inc is cutting hundreds of corporate roles in a restructuring effort, the Wall Street […]
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The European Union is working on new rules and controls that crypto companies will have to comply with Major U.S. cryptocurrency exchange Coinbase Global Inc has won approval from Italian regulators to continue to serve customers in Italy, it said in a blog on Monday. (Sign up to our Technology newsletter, Today’s Cache, for insights […]
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The crypto business is facing turbulent times with crypto winter hitting and forcing them to shut down operations and put a freeze on hiring. Crypto markets are struggling to thrive after repeated ‘black-swan’ events such as the Luna Terra crash, higher interest rates by Feds coupled with regulatory uncertainty and investors pulling away from the […]
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The news comes shortly after other large cryptocurrency companies announced mass layoffs due to market conditions The news comes shortly after other large cryptocurrency companies announced mass layoffs due to market conditions NFT marketplace OpenSea has said it will cut 20% of its staff due to the “crypto winter” and “broad macroeconomic instability”. A tweet […]
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Bitcoin spent most of its time around the $20k mark, before rising slightly over $22,000 on Friday Bitcoin spent most of its time around the $20k mark, before rising slightly over $22,000 on Friday Testing times Crypto watchers and investors hoping for a dramatic change in the market were again disappointed this week as Bitcoin […]
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The move comes during the crypto winter which has seen mass layoffs and platforms freezing user funds The move comes during the crypto winter which has seen mass layoffs and platforms freezing user funds As the crypto sector’s turmoil stretches on, more companies are adopting extreme measures to protect themselves, even if it means stopping […]
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Cryptocurrency exchange Coinbase Global Inc said on Friday it was looking to expand in some European markets, even as the digital asset market continues to experience a downturn. The company is in the process of expanding in France, Italy, Spain and the Netherlands, it said in a blog post, adding that it was aiming to […]
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The wealth-generating hot streak for bitcoin and other cryptocurrencies has turned brutally cold The wealth-generating hot streak for bitcoin and other cryptocurrencies has turned brutally cold The wealth-generating hot streak for Bitcoin and other cryptocurrencies has turned brutally cold. As prices plunge, companies collapse, and skepticism soars, fortunes and jobs are disappearing overnight, and investors’ […]
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