Author: Chris Smith
US Exchange Coinbase Will Stop Operating in Japan
Reading Time: < 1 minuteCoinbase has recently announced it is stopping its operations in Japan due to unfavorable market conditions.
Digital Currency Group Suspends Dividend Payments
Reading Time: < 1 minuteDCG Holding has just announced it has suspended the payment of quarterly dividends.
HashKey Capital Attracts $500M to Invest in Crypto-focused Startups
Reading Time: < 1 minuteHashKey Capital has recently raised $500 million in its third fund.
Crypto Exchanges Liquidate Almost $500M in Short Positions
Reading Time: < 1 minuteCryptocurrency exchanges have closed nearly $500 million worth of short-term positions in the past four days.
Crypto Miner Celsius Mining Plans to Sell $1.3 Million in Mining Devices
Reading Time: < 1 minuteMining firm Celsius Mining has recently notified the Bankruptcy Court for the Southern District of New York of the sale of equipment.
Leading Publications Ask Judge to Reveal the Anonymous Guarantors of Sam Bankman-Fried
Reading Time: < 1 minuteA group of leading publications has asked Judge Lewis Kaplan for the Southern District of New York to disclose information about the two individuals who acted as guarantors on Sam Bankman-Fried’s bail.
Blockchain.com Fires 28% of its Employees
Reading Time: < 1 minuteFor example, Blockchain.com has announced a 28% reduction in staff (more than 100 employees).
Argentina’s Authorities Urge Citizens to Declare Their Crypto Holdings
Reading Time: < 1 minuteThe Ministry of Economy of Argentina has recently developed a bill that will encourage citizens to provide information about digital assets.
Easy Company Attracts $14.2M for Crypto Wallet Development
Reading Time: < 1 minuteEasy Company has recently closed a $14.2 million seed funding round.
Coinbase Will Fire 20% of its Employees
Reading Time: < 1 minuteUS-based cryptocurrency exchange Coinbase has announced it plans to fire 950 employees as part of the optimization of operating costs by 25%.
MarketAcross to Participate in BuildingBlocks During ETH TLV Week in Tel-Aviv Next Month
Reading Time: < 1 minuteWeb3 builder-focused event Building Blocks 23 is scheduled to be hosted in Tel Aviv on February 7 as part of ETH TLV week.
Huobi’s South Korea Division to Cut Ties with Parent Company
Reading Time: < 1 minuteThe South Korean branch of crypto exchange Huobi has reportedly decided to distance itself from its parent company.
Voyager Says Binance.US Deal Criticism by US Regulators is Hypocrisy and Arrogance
Reading Time: < 1 minuteCriticism by Alameda Research and US regulators of Voyager Digital’s sale of its assets to Binance.US is “hypocrisy and arrogance.”
CEO of Laser Digital: FTX’s Crash Will Increase Confidence in Crypto Industry
Reading Time: < 1 minuteThe bankruptcy of crypto derivatives exchange FTX has become one of the most important events in the cryptocurrency market in 2022.
Crypto-based Funds Raised $433 Million Last Year
Reading Time: < 1 minuteThe influx of funds into crypto-based funds over the past 12 months was the lowest since 2018.
92% of Bitcoin Spot Trades Are Processed by Binance
Reading Time: < 1 minuteCryptocurrency exchange Binance is the clear leader in the spot market.
AAG Launches the MetaOne Wallet
Reading Time: < 1 minuteAAG has just officially launched the MetaOne® Wallet.
Morocco Intends to Introduce a Crypto Bill
Reading Time: < 1 minuteThe Bank of Morocco plans to introduce its own digital currency regulation bill within the next few days.
Union Square Ventures Founder: Web3 Investors Will Need Very Strong Nerves This Year
Reading Time: < 1 minuteFred Wilson, co-founder of venture capital firm Union Square Ventures, has warned investors about the serious potential risks of investing in projects related to the next generation Internet.
Huobi Will Reduce its Workforce
Reading Time: < 1 minuteCrypto exchange Huobi will cancel annual bonuses and carry out state optimization.
Turkey’s Central Bank to Complete Trials of National Currency This Year
Reading Time: < 1 minuteThe Turkish authorities expect to complete the trials of its CBDC by the end of the year.
Italian Users Will Have to Pay a 26% Tax on Crypto Profits
Reading Time: < 1 minuteItaly will introduce a 26% tax on capital gains received from the trading of digital assets.
Russia to Launch a Crypto Exchange Next Year
Reading Time: < 1 minuteBy mid-2023, an official cryptocurrency exchange controlled by the authorities may appear in the country.
Crypto Lending Platform Celsius Network Asks Court to Extend Deadline for Filing Claims by Creditors
Reading Time: < 1 minuteCrypto lending platform Celsius Network has recently asked the court to extend the deadline for filing claims by creditors.
US Exchange Kraken to Exit the Japanese Market
Reading Time: < 1 minuteCrypto exchange Kraken has announced it plans to suspend its activities in Japan an deregister from the country’s regulator FSA from January 2023.
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