Bybit Is The Latest Exchange To Reduce Its Workforce
Bybit trading platform has joined the list of cryptocurrency exchanges that have announced plans to lay off employees in order to restructure their operations in the midst of the ongoing crypto market slump.
Crypto Billionaire Blames Fed for Downturn
Cryptocurrencies are experiencing a major market fall, and the Federal Reserve is to blame, according to Sam Bankman-Fried, CEO of the FTX platform.
The Binance Exchange Accumulates Bitcoin as Prices Drop Below $20,000
Binance, unlike any other cryptocurrency exchange, may be taking advantage of the recent market fall to increase its Bitcoin (BTC) holdings.
Kraken to Follow Binance in Hiring Over 500 Employees Amid Crypto Crash
Despite rising fears about the unfolding crypto-economic catastrophe, Kraken exchange has made the audacious statement that it does not intend to lay off any employees.
Binance Looks to Hire 2,000 New Staff
Binance exchange is arguably living up to its ranking as the biggest digital currency trading platform in the world as it has unveiled its plans to hire as many as 2000 new workers despite the current financial market meltdown.
OpenSea Seeks to Introduce New Security Provision
OpenSea is stepping up its game to protect its users as hundreds of non-fungible token (NFT) owners are constantly targeted by scammers.
Coinbase Cuts Employees By 18% as Market Outlook Remains Bleak
CEO Brian Armstrong has announced that approximately 18% of all of Coinbase Global Inc’s workforce will be laid off as the cryptocurrency trading platform strategizes to navigate the now evident crypto winter.
Crypto.Com, BlockFi Announce Massive Layoffs as Economic Crisis Bites
Crypto exchange Crypto.com and lending platform BlockFi announced on Monday plans to cut over 400 jobs globally, as they come under pressure from difficult market conditions.
Binance.US Sued for Selling Unregistered LUNA Securities
Binance.US has been sued in a class-action lawsuit for selling unregistered security tokens from the Terra blockchain protocol.
Major Korean Exchanges Delisting Litecoin Subject to New Privacy Feature Concerns
Major crypto exchanges in South Korea, including Upbit, Bithumb, Coinone, Korbit, and Gopax, have announced their intention to delist Litecoin from their trading services subject to the new privacy-based MimbleWimble upgrade on the Litecoin blockchain.
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