Crypto Exchange
Binance Withdrawals Surge as Concerns About Its Reserve Report Spook Traders
Binance endured $902 million of net outflows in the past 24 hours, according to data by Nansen.
Mizuho Cuts Crypto Exchange Coinbase to Underperform, Trims Price Target
The bank’s analysis shows that 2023 revenue estimates for the crypto exchange are overly optimistic.
South Korean Court Denies Injunction Against Crypto Exchanges for Delisting Metaverse Token Wemix: Report
The wemix token is trading 90% lower than this time last month after it was delisted by several exchanges.
Coinbase CEO Armstrong Confirms Street Expectations for a 50%-Plus Decline in Revenue in 2022
Analysts previously estimated Coinbase’s annual revenue in 2022 to drop to roughly $3.3 billion this year.
Attacker Targets Wealthy Crypto Funds Using Telegram Chats
Exchange owners cautioned against downloads of malicious as attackers zeroed in on gullible users with a very relevant and specific narrative.
Zodia Custody Introduces Service to Protect Against Crypto-Exchange Insolvency
Clients will be able to keep their digital assets on Zodia's platform, while the assets are available on exchanges for trading.
Australian Crypto Exchange Swyftx Cuts 90 Jobs, Reducing Workforce by 35%
The exchange said that it doesn't have any direct exposure to FTX, although the job cuts are a result of the crypto downturn caused by FTX.
Binance Exec Says Firm's 'Centralized Exchange' May Not Be Around in 10 Years
Chief Strategy Officer Patrick Hillman said the exchange may become obsolete because of the crypto industry's move toward decentralized finance.
Kraken Cuts 30% of Workforce Amid Crypto Winter
The crypto exchange is laying off 1,100, after saying it was in hiring mode earlier this year.
