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” Binance ‘not planning any layoffs,’ 500 roles to be filled in H1 “ Cryptocurrency exchange Binance is “not planning any layoffs” and is instead trying to fill another 500 roles by the end of June, according to a Binance spokesperson. The comments came despite a huge spike in crypto layoffs in January — the…
” Bitcoin price risks $23K rerun as Coinbase stock falls over Silvergate “ Bitcoin (BTC) erased early-month gains on March 2 as fresh market uncertainty erupted over solvency of crypto bank Silvergate. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price avoids Silvergate, Coinbase stock slip Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting…
” Coinbase CEO reiterates that ‘staking’ products aren’t securities “ Coinbase CEO Brian Armstrong has attempted to quell speculation that his exchange’s staking products should be classified as securities — upping the ante in the ongoing debate around crypto regulations with the United States Securities and Exchange Commission, or SEC. In a televised interview with…
” Crypto industry lobbying expenses rose by 120% in 2022 in the US “ Crypto industry has been raising its lobbying efforts amid the crypto winter that began last year. In 2022, the market participants spent $25.57 million on lobbying in the United States. This number appears in a study, published by the Money Mongers…
” Americans ‘frustrated’ by financial system inequality, 20% own crypto: Survey “ A whopping 80% of American adults believe the financial system favors those with “powerful interests,” while 20% currently own cryptocurrency — a new survey has revealed. Commissioned by crypto exchange Coinbase, the February online survey of more than 2,000 American adults found that…
” Anti-CBDC bill in the US, no algo stablecoins for Canada: Law Decoded, Feb. 20–27 “ Last week was relatively calm regarding enforcement news but brought some peculiar local developments in regulation. United States Representative Tom Emmer introduced legislation in the U.S. House of Representatives that could prevent the Federal Reserve from issuing a central…
” Coinbase announces suspension of BUSD trading beginning March 13 “ Coinbase will suspend trading for the Binance USD (BUSD) stablecoin on March 13, the exchange announced on Feb. 27 on Twitter. The message mentioned its “listing standards” as being behind the decision. BUSD is the third-largest stablecoin by market capitalization. The decision will apply to…
” BitFlyer founder seeks to reinstate self as CEO, leading firm to IPO: Report “ Yuzo Kano, the co-founder of Japan-based cryptocurrency exchange bitFlyer, is seeking to reinstate himself as CEO in a shareholders meeting next month, in an apparent bid to reinvigorate what he claims is a stagnating firm. Kano resigned in 2019 following…
” Voyager is selling crypto assets through Coinbase, suggests on-chain data “ Voyager Digital, the centralized finance (CeFi) platform that filed for Chapter 11 bankruptcy in July 2022, is reportedly selling assets through the Coinbase crypto exchange. On-chain data suggest that Voyager received at least $100 million in USD Coin (USDC) in three days, starting…
” Crypto Biz: Coinbase has a lot at stake “ Crypto assets made their way onto the United States Securities and Exchange Commission’s list of priorities for 2023. So far, though, we haven’t tasted the “regulatory certainty” many have been calling for. Instead, the regulator threw the book at Kraken for allegedly failing to register…