Mon, January 20

Coinbase New Strategy Reduces Influencers PayOut

Payment for two social media influencers has been decreased by more than 90% Workforce cut off by 30% and salary for existing reduced around 50% Advertising in social media has become mainstream over the past decade. The boom in this business strategy has inculcated all sectors starting from entertainment to

June 22, 2022 1 min read

BTC Markets Got Financial Services License

ISO has certified BTC Markets for information security management. BTC Markets has become an authorized representative. BTC Markets, a cryptocurrency exchange operating in Australia has become the country’s first crypto firm to be issued a financial services license. JUST IN: 🇦🇺 BTC Markets has become Australia’s first #crypto exchange to

June 21, 2022 1 min read

Crypto Exchange BitOasis Cut-off 5% of Workforce?

BitOasis stated nine laid-off reflect nearly 5% of the company’s employment. Bybit joined the list by reducing its staff by 20% to 30%. On 19 June, Dubai-based cryptocurrency exchange BitOsasis the company, which has been serving the Middle East since 2015, announced the layoffs of 5% of its employees in

June 21, 2022 1 min read

Popular Crypto Exchanges and Websites Halted Due To Cloudflare Outage

Major crypto exchanges are suspended due to Cloudflare outage.  Popular internet services are also suffering from the existing issues. The Cloudflare team is fixing the ongoing issues for a smooth service. Cloudflare is a popular content delivery network which saves a lot of time routing to the most fast and

June 21, 2022 2 mins read

Dubai’s Virtual Assets Regulator Grants Provisional License to CoinMENA

CoinMENA has already received two digital asset licenses. License would allow CoinMENA to make its services available to institutional investors. Dubai’s Virtual Assets Regulatory Authority (VARA) has granted a provisional virtual asset license to CoinMENA, a Bahrain-based digital asset exchange. The interim authorization enables CoinMENA to continue operating in Dubai

June 20, 2022 2 mins read

Grid Trading Bot on Bybit Exchange

The system follows  the trading concept of buying at a low price and selling at a higher price. Bybit gives advanced AI parameters for each trading pair offered on the bot. Today the Grid Trading Bot has been launched by Bybit one of the world’s fastest-growing cryptocurrency exchanges. Today onwards

June 20, 2022 2 mins read

Bybit Planning To Reduce Workforce

20% to 30% of the staffing is estimated to be cut off from the ByBit exchange platform. Resources may be assigned with additional tasks and functioning. The ByBit exchange platform is joining the list of companies that are reducing their staff numbers because of the market crash. A letter seems

June 20, 2022 1 min read

Indian Exchange CoinDCX Halts Crypto Withdrawals Citing Wallet Maintenance

Banks are reluctant to accept crypto transactions because of regulatory uncertainties. Trading volumes at CoinDCX have dropped 40% since the UPI ban. CoinDCX’s chief operating officer, Mridul Gupta, had joined the crypto exchange CoinDCX last year, where he hopes “to drive growth for CoinDCX business and build India’s leadership in

June 19, 2022 2 mins read

Coinbase Faces Class Action Suits Over Recent Stablecoin Crash

The lawsuit claims that Coinbase failed to disclose TerraUSD’s true nature. GYEN surged in value, then plummeted a week after Coinbase added it to its platform. On Thursday, a class-action lawsuit was launched against Coinbase, claiming the trading platform was irresponsible in listing the TerraUSD stablecoin and charging that it

June 18, 2022 2 mins read

Leading Exchange FTX Announces Plans to Buy Canadian Crypto Firm Bitvo

The purchase is scheduled to conclude in the third quarter of 2022. On June 6, SBF indicated FTX would not reduce or freeze its employment. A deal has been reached to acquire Bitvo, a Canadian crypto platform, by the cryptocurrency derivatives exchange FTX. Announcing the acquisition of Bitvo on Friday,

June 17, 2022 2 mins read
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