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 ...
ECB says bitcoin is on ‘road to irrelevance’ amid crypto collapse
European Bank criticises digital currency sector for facilitating illegal activity ...
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: ...
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.
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.
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 ...
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.
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 ...
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 ...
Binance poised for Japan expansion after buying local exchange Sakura
Binance’s sprawling empire is about to get bigger as it eyes expansion in Japan. The world’s largest crypto trading platform has acquired 100% of Sakura Exchange BitCoin for an undisclosed amount, a ...
Taylor: What we can learn from the great crypto meltdown of 2022
Celsius Network, a crypto brokerage, went bankrupt in July, reporting 20-to-1 leverage on its assets. Also that month, Voyager Digital, another crypto brokerage, went under, reporting a delinquent ...
Crypto firm BlockFi sues a Sam Bankman-Fried company over Robinhood shares
The lawsuit came the same day BlockFi filed for bankruptcy in the aftermath of the collapse of crypto exchange FTX.
Impoverished Crypto Bros Desperately Trying to Sell Luxury Cars
Used luxury cars are selling for way cheaper than ever as crypto continues to crashes, and some thing those two things are closely related.
Nigerian crypto startups are laying staff off to stay afloat
The crypto winter, marked by plunging bitcoin and ethereum prices, as well as the collapse of companies like FTX, Celsius, and Voyager, is now triggering layoffs at Nigerian crypto companies. At least ...
Crypto Hedge Funds Burned by FTX Seek Wall Street-Style Middlemen
Before it collapsed, FTX was a favorite in the world of professional crypto traders, with frenzied volumes, derivatives on steroids and a simpatico founder who got his start at storied Wall Street ...
What the FTX collapse means for the future of crypto: Real Vision’s Ash Bennington
Ash Bennington, senior host and crypto editor at Real Vision joins Yahoo Finance's Jared Blikre to break down the fallout in crypto from the downfall of Sam Bankman-Fried's FTX.