Ivy Blocks’ offerings will also include an asset management platform. The company’s asset management division would make “liquidity investments”. Exchange of digital assets Huobi Global has launched a new investment arm focusing on decentralized finance (DeFi) and Web3 initiatives, demonstrating venture capitalists’ growing interest in the blockchain economy. Much Needed
Coinbase, recently reported a 27% drop in income and used over the last year. A dynamic or flat fee will be applied to all withdrawals. It was a first for the U.S.-based cryptocurrency exchange, and custodian as billionaire bitcoiners Cameron and Tyler Winklevoss are laying off 10% of Gemini’s workers.
Colombia is now in the midst of its election cycle. Customers’ interactions in Colombia are also regulated and controlled by other entities. Latin American governments are waking up to the growing importance and impact of the cryptocurrency and blockchain sector. Some countries are working quickly to regulate crypto exchanges to
An 80-person layoff announcement was made by Bitso. Gemini announced a 10% workforce layoff to weather the crypto winter. Retail investors are not the only ones feeling the effects of Crypto Winter. Six of the most significant cryptocurrency exchanges in the United States and Latin America have announced major layoffs
Binance has a watchful eye over every step they proceed. El-Salvador is in the process of becoming crypto capital. Binance, the largest crypto exchange platform, recently seems to have appointed 40 people and is planning to employ 60 more. The employment is made for Customer Service Representative roles in bilingual
FTX has made $1.56 billion in crypto transactions in the last 24 hours. More than $2 billion has been raised by the FTX crypto exchange and its parent firm. In an interview with Bloomberg’s Allyson Versprille and Yueqi Yang on Friday, FTX CEO Sam Bankman-Fried said that the company is
Additional security is needed for crypto-oriented platforms because of the inherent hazards. There will be a screening process on the Binance platform. To ensure sanctions compliance and protect the Binance platform from the possibility of unlawful crypto transactions, the well-established cryptocurrency exchange has teamed with two companies, including analytical data
Coinbase’s stock has lost more than 80% of its value since its first public offering (IPO). The company has taken a more aggressive approach to the NFT sector. According to reports, top Coinbase executives have reportedly sold shares worth $1.2 billion. There are four executives included in this report: Brian
The absence of an official headquarters has led to regulatory scrutiny of the exchange. The exchange has inked a memorandum of understanding with the Kazakh government. Binance, the world’s biggest cryptocurrency exchange by volume of transactions, is now a legally recognized organization in Italy. According to a news statement issued
Huobi Global, the world’s top crypto asset exchange, revealed on Thursday that it had acquired Bitex, a prominent cryptocurrency exchange in Latin America. Despite Huobi now being the parent firm of Bitex, which was established in 2014, the trading platform will continue to use its current branding and management team.
