Crypto Exchange Financial News

26.01 / 13:45

Man Parke Southern Crypto Exchange raid S Korean Prosecutors Raid Bithumb in Price Manipulation Probe, Hope to Arrest ‘Owner’

The South Korean crypto exchange Bithumb has suffered another double blow from the nation’s prosecutors – who have raided the exchange in a price manipulation probe. Officers also want to arrest Bithumb’s suspected largest shareholder on embezzlement charges.

26.01 / 13:45

Luno Digital Currency Group Crypto Exchange DCG-Owned Crypto Exchange Luno Just Laid-Off 35% of Its Workforce – Here’s Why

Cryptocurrency exchange Luno, which is owned by crypto conglomerate Digital Currency Group, has slashed 35% of its global workforce.

24.01 / 15:33

coinbase Winklevoss Twins Crypto Exchange Cryptocurrency Exchange Gemini to Lay Off 10% of Workforce – Here’s What Happened

New York-based cryptocurrency exchange Gemini is letting go of 10% of its workforce amid the ongoing bear market that has seen around $2 trillion wiped out of the crypto market.

24.01 / 14:15

coinbase Crypto Exchange Coinbase Crypto Exchange Announces Partnership with Germany's Borussia Dortmund Soccer Team – Here’s What You Need to Know

Major US-based cryptocurrency exchange Coinbase has expanded its partnership with German soccer team Borussia Dortmund (BVB) to include advertising in the stadium and promotions on all BVB marketing channels.

18.01 / 19:47

coinbase Crypto Exchange exits Coinbase Exits Japan Citing "Market Conditions"

Cryptocurrency exchange Coinbase is exiting Japan due to market conditions. The move comes days after the company announced its third round of layoffs in less than a year amid the ongoing bear market.

18.01 / 13:41

UPS Platform Crypto Exchange Coincheck Owner Is ‘Interested’ in FTX Japan as Bidding Deadline Nears

The Japanese securities giant Monex Group – the owner of the Coincheck crypto exchange – has suggested that it may move to buy FTX Japan.

18.01 / 04:41

cryptocurrency FTX Crypto Exchange FTX says $415 million in crypto was hacked

Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been stolen as a result of hacks.

13.01 / 13:55

CEO Platform Crypto Exchange Jail Head of S Korea’s V Global Crypto Exchange Will Serve 25 Years in Jail for $2.3bn Fraud

The CEO of a bogus South Korean crypto exchange that tricked some 50,000 customers out of a total of $2.3 billion will spend the next 25 years behind bars – after the Supreme Court found him guilty of fraud.

11.01 / 15:09

cryptocurrency coindcx Crypto Exchange CoinDCX starts restructuring business units, lays off employees

Cryptocurrency exchange CoinDCX has started consolidating some of its functions and, as a result, has laid off employees as a cost-cutting measure, according to multiple sources aware of the development. The marketing, branding, and activation teams were most affected by this restructuring that took place last month.

05.01 / 13:41

Exchange Crypto Exchange services Financial regulatory Indonesia to Launch Crypto Exchange This Year as Regulatory Powers Shift to Financial Services Authority

Indonesia plans to launch a crypto exchange in 2023 amid a financial sector reform that will see a shift in regulatory powers over digital assets to the Financial Services Authority.

04.01 / 13:55

Legal Crypto Exchange Jail South Korean Prosecutors Fail in Bid to Jail Ex Bithumb Boss

South Korean prosecutors have been thwarted in their efforts to send the former head of the crypto exchange Bithumb to prison for eight years.

14.12 / 13:59

Blockchain Citi Crypto Exchange end This City Wants to Launch a Crypto Exchange by the End of 2023 – Here’s How

Busan, South Korea, has revealed details of its plan to become the first city in the world to launch and operate a crypto exchange. The city says it hopes to welcome its first crypto-trading customers by the end of 2023.

13.12 / 17:39

cryptocurrency Binance FTX Crypto Exchange Rivals' propaganda against Binance helped us grow, says CEO Changpeng Zhao

Binance CEO Changpeng Zhao on Tuesday spoke up against the propaganda or FUD (fear, uncertainty, and doubt) being spread against the crypto exchange by rivals. He, however, added that such attacks won the company allies who wanted to invest in Binance.

30.11 / 21:23

cryptocurrency Kraken layoffs Crypto Exchange Crypto exchange Kraken to cut about 1,100 global jobs

Cryptocurrency exchange Kraken said on Wednesday it would cut its global workforce by 30%, or about 1,100 employees, citing tough market conditions that have crippled demand for digital assets this year.

29.11 / 12:37

cryptocurrency Crypto Exchange All about Bitfront, the crypto exchange platform that shut down

Bitfront, a US crypto exchange backed by Japanese social media firm Line Corp, said on November 29 that it has suspended new sign-ups and credit card payments and will cease operations in a few months despite efforts to overcome challenges in the rapidly evolving industry.

29.11 / 12:05

Crypto Exchange US, Bitcoin, Cryptocurrency: Crypto Exchange Bitfront Shuts Down

Bitfront said it has suspended new sign-ups and credit card payments as of Nov 28.(Representational)

29.11 / 10:19

cryptocurrency Crypto Exchange Crypto exchange Bitfront shuts down

Bitfront, a U.S. crypto exchange backed by Japanese social media firm Line Corp, said it has suspended new sign-ups and credit card payments and will cease operations in a few months despite efforts to overcome challenges in the rapidly evolving industry.

24.11 / 13:51

BLOCK Crypto Exchange lawmakers Russian Lawmakers Want to Create a State-run Crypto Exchange

Russian lawmakers have devised a plan that could see the nation create a state-run crypto exchange.

24.11 / 11:49

cryptocurrency Binance FTX Crypto Exchange Fried letter Sam Sam Bankman-Fried apologises to FTX staff for his 'irrational decisions'. Read full letter

Former FTX CEO Sam Bankman-Fried sent an apology letter to his employees in which he blamed his “irrational decisions” on “shi**y” circumstances.

23.11 / 11:25

cryptocurrency FTX collapse Crypto Exchange Indian Indian crypto exchanges seek to reassure investors after FTX debacle

Indian crypto entrepreneurs said they are implementing measures to provide full transparency on their reserve funds to win back investor confidence after the collapse of FTX, the world’s third-largest crypto exchange by trading volumes.

22.11 / 08:21

cryptocurrency Crypto Exchange reserves Will disclosing proof of reserves bring back trust to the crypto ecosystem?

Trust – Once lost is difficult to regain.

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