Cryptocurrency Exchange – Page 55

Bybit announces second round of layoffs in 2022 to survive bear market

Post author:MiamiCrypto
Post published:December 4, 2022
Post category:Cryptocurrency Exchange Liquidity trading

Ben Zhou, the co-founder and CEO of Bybit, announced a reorganization plan amid a prolonged bear market, which involves a steep reduction in the workforce.

Crypto lender Genesis allegedly owes $900M to Gemini’s clients: Report

Post author:MiamiCrypto
Post published:December 3, 2022
Post category:Cryptocurrency Exchange ftx Gemini

The issue is tied to the Gemini Earn program, which offers 8% earn interest on crypto lending and is operated by Gemini in partnership with Genesis.

Crypto community weighs in on SBF’s ‘apology tour’

Post author:MiamiCrypto
Post published:December 2, 2022
Post category:Cryptocurrencies Cryptocurrency Exchange Fraud Scams Twitter

The former FTX CEO is receiving major backlash for his New York Time DealBook Summit and Good Morning America interviews.

Thai VC fund acquires troubled exchange Zipmex for $100M: Report

Post author:MiamiCrypto
Post published:December 2, 2022
Post category:Cryptocurrencies Cryptocurrency Exchange Singapore Thailand Venture Capital

Zipmex reportedly plans to use crypto assets received from the acquisition to unlock frozen customer accounts on the platform by April 2023.

Italy to impose 26% capital gains tax on crypto profits

Post author:MiamiCrypto
Post published:December 1, 2022
Post category:Bitcoin Regulation Cryptocurrencies Cryptocurrency Exchange Government Investments

The 26% capital gains tax will be imposed on cryptocurrency trading profits larger than 2000 euros ($2,062.3).

Binance hires audit firm that served Donald Trump to verify crypto reserves

Post author:MiamiCrypto
Post published:December 1, 2022
Post category:Binance Cryptocurrencies Cryptocurrency Exchange Donald Trump Transparency United States

Mazars’ U.S. division was the longtime accounting firm for former United States President Donald Trump’s company.

Huobi, Poloniex announced strategic partnership despite initial denials of a merger

Post author:MiamiCrypto
Post published:November 30, 2022
Post category:Cryptocurrency Exchange Partnership

The exchanges will cooperate progressively in HT coin development, liquidity sharing and global compliance, plus Huobi will monitor Poloniex for new projects to list.

Kraken cuts workforce by 30% in an effort to survive crypto winter

Post author:MiamiCrypto
Post published:November 30, 2022
Post category:Cryptocurrencies Cryptocurrency Exchange Markets Technology Transactions

According to its CEO, the exchange grew too quickly to accommodate the fast-growing crypto ecosystem.

Singapore’s Temasek sees ‘reputational damage’ due to FTX, official says

Post author:MiamiCrypto
Post published:November 30, 2022
Post category:Cryptocurrencies Cryptocurrency Exchange ftx Government Singapore

Despite writing down its $275 million investment in FTX, Temasek still apparently holds its investments in many other crypto-related businesses.

Coinbase Wallet will stop supporting BCH, ETC, XLM and XRP, citing ‘low usage’

Post author:MiamiCrypto
Post published:November 29, 2022
Post category:bitcoin cash Business Coinbase Cryptocurrency Exchange XRP

The crypto wallet plans to stop support for the four tokens on Dec. 5, but added any remaining funds would still be tied to users' existing addresses.