Crypto.com crypto exchange gets UK regulatory approval

Crypto.com crypto exchange gets UK regulatory approval

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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Walmart to cut hundreds of corporate jobs, reports WSJ

Walmart to cut hundreds of corporate jobs, reports WSJ

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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U.S. crypto exchange Coinbase wins regulatory nod in Italy

U.S. crypto exchange Coinbase wins regulatory nod in Italy

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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As crypto winter looms, here’s list of all crypto companies announcing mass layoffs

As crypto winter looms, here’s list of all crypto companies announcing mass layoffs

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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OpenSea to cut 20% of its staff

OpenSea to cut 20% of its staff

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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Weekly Crypto Roundup: testing times, trapped funds, and thefts

Weekly Crypto Roundup: testing times, trapped funds, and thefts

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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Singapore-based crypto lending platform Vauld freezes trades

Singapore-based crypto lending platform Vauld freezes trades

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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Crypto exchange Coinbase looks to expand footprint in Europe

Crypto exchange Coinbase looks to expand footprint in Europe

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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Crypto investors’ hot streak ends as harsh ‘winter’ descends

Crypto investors’ hot streak ends as harsh ‘winter’ descends

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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Coinbase slashes 1,100 jobs as crypto winter sets in

Coinbase slashes 1,100 jobs as crypto winter sets in

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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