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Month: December 2022

Posted on 01/12/2022

The latest victims of Crypto Winter? Nearly one-third of Kraken employees

Kraken announced on Wednesday that the crypto exchange is laying off 30% of its workforce, about 1,100 employees, as a cost-cutting measure amid Crypto Winter. CEO Jesse Powell wrote in a Wednesday ...

Posted on 01/12/2022

Bitcoin jumps to a 2-week high of $17,000, but crypto experts say don’t cheer the rally as FTX contagion is far from contained

Industry experts told Insider their crypto market outlook after FTX's sudden downfall, which has brought down other ailing firms.

Posted on 01/12/2022

Why Custodial Crypto Wallets Trending Again — Are They The Best Way To Store Cryptocurrencies?

Even though 2021 was the best year for digital assets such as cryptocurrencies and non-fungible tokens (NFTs), 2022 has been a washout in comparison and has seen cryptocurrency prices fall to ...

Posted on 01/12/2022

Alibaba founder Jack Ma living in Japan after China tech crackdown: Financial Times

Alibaba founder Jack Ma has been living in Tokyo for almost six months after disappearing from public view following China's crackdown on the tech sector, the Financial Times reported Wednesday, ...

Posted on 01/12/2022

Tokyo Court Says Japan’s Lack of Legal Protection for Same-Sex Marriage Is Unconstitutional

A Tokyo District Court found on Wednesday that Japan’s lack of legal protection for same-sex marriages violated the constitution but said the government’s lack of legislative action on the matter was ... ( read original story ...)

Posted on 01/12/2022

5 Crypto Marketing Fails and How to Avoid Them

Fast forward to 2022, online crypto communities are the most-effective method to build and engage a like-minded audience. Reddit, Discord and Telegram are highly active groups offering priceless ...

Posted on 01/12/2022

EU crypto framework under scrutiny by policymakers after FTX collapse

EU policymakers have cast doubt on whether the bloc’s incoming cryptocurrency regulations are robust enough to prevent a repeat of the collapse of FTX, whose bankruptcy has sent shockwaves through the ...

Posted on 01/12/2022

Kraken crypto exchange lays off 30 percent of workforce

The cryptocurrency exchange Kraken announced job cuts today, affecting 30 percent of its workforce, or around 1,100 employees. In a blog post, Kraken CEO Jesse Powell says the firm made the decision ...

Posted on 01/12/2022

ECB says bitcoin is on ‘road to irrelevance’ amid crypto collapse

European Bank criticises digital currency sector for facilitating illegal activity ...

Posted on 01/12/2022

Crypto Bank Silvergate Says Its BlockFi Digital Asset Deposit Exposure Totals Less Than $20M

Read more: Founder of EOS Developer Block.One Buys 9.3% of Crypto Bank Silvergate Like us on Facebook to see similar stories Please give an overall site rating: ...

Posted on 01/12/2022

Kraken laying off 30% of workforce as FTX fallout continues to rock crypto industry

Crypto exchange Kraken, the second largest in the U.S., is laying off 30 percent of its workforce, its co-founder and CEO Jesse Powell said in a statement.

Posted on 01/12/2022

Crypto Trader Auros Global Misses Payment on DeFi Loan As FTX Contagion Spreads

The company missed payment on a 2,400 wrapped ether loan, worth $3 million, from a M11 Credit pool on Maple Finance.

Posted on 01/12/2022

Kraken crypto exchange lays off 30% of workforce

Kraken, one of the biggest and longest-standing crypto exchanges, said Wednesday it would be reducing its workforce by 30% or some 1,100 people. What's happening: The reduction would put the team size ...

Posted on 01/12/2022

Crypto Bank Silvergate Has a Defender in Wall Street. The Stock Market Isn’t Buying It.

Silvergate Capital's stock has slid more than 80% as contagion from FTX's collapse spreads. Analysts say the stock is misunderstood.

Posted on 01/12/2022

Binance enters Japanese crypto market with acquisition

TOKYO -- Cryptocurrency giant Binance has acquired Japan's Sakura Exchange BitCoin, the exchange operator announced on Wednesday, marking its official re-entry into the East Asian market. Binance did ...

Posted on 01/12/2022

Gravitas | Reports: Jack Ma is hiding out in Tokyo

Reports say Alibaba co-founder Jack Ma is hiding out in Tokyo along with his family. This comes after Xi Jinping blocked the IPO of Ma's Ant group and ordered Alibaba to sell off its media assets. Is ...

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