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” Crypto layoffs mount as exchanges continue to be ravaged by the prevailing bear market. “ There’s no denying that the crypto market has been gripped by immense bearish pressure over the past year, as made evident by the fact that the total capitalization of this sector has continued to hover below the $900 billion…
” Cathie Wood’s ARK enters 2023 with $5.7M Coinbase stock purchase “ Cathie Wood, veteran investor and CEO of ARK Invest, remains bullish on the cryptocurrency industry and centralized exchanges (CEX) despite the bear market and the crypto crisis. Wood’s investment management firm ARK continues accumulating the stock of the major United States cryptocurrency exchange,…
” How to buy Bitcoin with Apple Pay? “ Cryptocurrency exchanges are introducing various ways to buy Bitcoin (BTC) using the Apple Pay payment method. This comes as a good move for Bitcoin adoption since the Apple Pay digital wallet accounts for more than 507 million mobile wallet downloads and a dominating market share of…
” Coinbase reaches $100M settlement with NY regulators “ New York regulators announced on Jan. 4 that cryptocurrency exchange Coinbase will pay a $50 million fine and invest a further $50 million in its compliance program, following a settlement with the New York State Department of Financial Services. The fine was issued after regulators found…
” ‘Binance is the crypto market’: Arcane crowns the exchange 2022’s winner “ During a year plagued by crises such as the collapse of FTX and Celsius, data shows that crypto exchange Binance has emerged as the clear “winner” of 2022 according to Arcane Research. A Jan. 3 report from Arcane highlighted that Binance saw…
” 3 ways crypto derivatives could evolve and impact the market in 2023 “ Futures and options let traders put down only a tiny portion of a trade’s value and bet that prices will go up or down to a certain point within a certain period. It can make traders’ profits bigger because they can…
” Crypto billionaires lost $116M since March: Report “ The bear market and the wave of bankruptcies in the crypto industry drained $116 billion from the pockets of founders and investors in the past nine months, according to recent estimates by Forbes. The loss represents the combined personal equity of 17 people in the space,…
” Coinbase launches tool to recover ‘mistakenly sent’ ERC-20 tokens “ Major cryptocurrency platform Coinbase has offered an asset recovery tool for users who “mistakenly send unsupported tokens” to exchange addresses. In a Dec. 15 announcement, Coinbase said users who sent any of roughly 4,000 ERC-20 tokens to a Coinbase address could recover their previously…
“Coinbase CEO slams media for treating Sam Bankman-Fried with ‘kid gloves’” The boss of the giant crypto exchange Coinbase has accused mainstream media outlets of being too soft in their coverage of disgraced FTX founder Sam Bankman-Fried, even as billions in customer funds remain missing. Coinbase CEO Brian Armstrong blasted the treatment Bankman-Fried has received…
” Coinbase takes a shot at Tether, encourages users to switch to USDC “ United States-based cryptocurrency exchange Coinbase has asked its customers to convert their Tether-issued USDT (USDT) stablecoin to USD Coin (USDC), a USD-pegged stablecoin issued by Circle and co-founded by Coinbase in 2018. The cryptocurrency exchange suggested that USDC is a much more…