Crypto Exchange Bybit Slashes 30% of Workforce Amid Ongoing Bear Market
Bybit, one of the leading cryptocurrency exchanges, is planning to reduce the company’s workforce by nearly 30% due to an extended bear market.
Cryptocurrency Exchange (Latest Publications)
Kraken Settles with the US Treasury for Serving Customers in Iran
Cryptocurrency exchange Kraken has reached a middle ground with the US Treasury regarding alleged transactions in Iran. Based on the statement issued by OFAC, the terms
AAX Global Communications VP Quits Citing “Trust in Brand Broken”
Ben Caselin, vice president for global marketing and communications at crypto exchange AAX has resigned from his role weeks after the exchange suspended withdrawals.
OKX Exchange Releases Proof of Reserves (PoR) Page
The OKX has recently released the proof of reserves page. This makes it possible for auditors to effectively monitor and understand the situation of the exchange’s
Crypto Market Starts the Week in Red; What is the Reason?
The cryptocurrency market has started the week with a sharp decline with the implosion of FTX still rippling across the industry. It seems hobbling liquidity at
Binance Offers an Operation Guideline for Centralized Exchanges
In a recent blog post, Binance, one of the major players in the cryptocurrency world, outlined its principles for how future problems with centralized exchanges can
New Huo Technology Receives Loan to Cover FTX-Locked Assets
In an official announcement made by the New Huo Technology, it has been confirmed that the unit has been granted a $14M loan by the former
AAX Crypto Exchange Halts Withdrawals Claiming System Upgrade
Hong Kong-based crypto exchange AAX has halted withdrawals citing a scheduled system upgrade. The crypto platform highlighted, “withdrawals have been suspended to avoid fraud and exploitation”.
Binance’s FTX Chaotic Deal Triggers Crypto Meltdown
Cryptocurrency prices witnessed a sharp drop after Binance signed a nonbinding agreement to buy FTX’s non-U.S. unit to help cover a ‘liquidity crunch’ at the rival
Crypto Investment Platform Freeway Pause Services Amid “Market Volatility”
Freeway, a crypto investment platform, has suspended some of its services citing “unprecedented volatility” in the foreign exchange and cryptocurrency markets. The move caused a sharp
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