Tag: Exchange

Crypto Exchange Crypto.com’s Downsizing Larger Than Previously Reported: AdAge

Though declining to address specific numbers on how many have been laid off, a Crypto.com spokesperson told AdAge: “As disclosed in June, Crypto.com underwent a restructuring process that concluded in July to strengthen our position amidst the backdrop of a bear market climate … As part of that restructuring, we made the difficult decision to conduct targeted job reductions, 60% of those roles came from non-corporate, back office and support services tied to trade volumes.” Source

Citigroup Director of Blockchain and Digital Assets to Depart for SIX Digital Exchange

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Cryptocurrency as Money — Store of Value or Medium of Exchange? – Op-Ed Bitcoin News

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**The following article was written by Kristoffer Mousten Hansen and Karras Lambert and published on September 28, 2022. Cryptocurrency as Money — Store of Value or Medium of Exchange? was originally published on mises.org. The opinions expressed in this article are the authors’ own. Bitcoin.com is not responsible for or liable for any opinions, content, accuracy or quality within the op-ed.** Cryptocurrency enthusiasts generally have a great appreciation for the Austrian school of economics. This is understandable since Austrian economists have always argued for the merit of privately produced money…

Coinbase CEO Brian Armstrong Announces Soon-To-Be-Released Documentary About Crypto Exchange Giant

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A new documentary about crypto exchange Coinbase and the digital assets industry will be released on popular video streaming platforms on Friday. Coinbase chief executive Brian Armstrong says that over the last three years, the company has been working with 10-time Emmy award-winning director Greg Kohs for the new film entitled COIN. “We gave Greg and his team unprecedented access inside the company, showing the crazy ups and downs of building a tech startup all the way to us becoming  a public company. He shows it all – the good,…

Crypto Derivatives Exchange PowerTrade Launches RFQs for Institutional Options Trading

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“Our goal with RFQ is to drive the adoption of the crypto options markets by supporting smaller institutional traders with no minimum order sizes,” said Bernd Sischka, head of institutional sales at PowerTrade, in an interview with CoinDesk. “We are tackling key problems in the crypto derivatives industry that are impeding rapid adoption of these products amongst the traditional finance clients.” Source

Decentralized Exchange Token GMX Surges After Binance, FTX Listings

GMX jumped to as high as $60 from around $40, data on crypto price tracker CoinGecko shows, the highest since January, when the price hit $62. The token has since pared some of the gains, changing hands at $48 at press time. Trading volume soared, reaching $150 million in the last 24 hours, almost 20 times more than the previous day, CoinGecko data shows. Source BinanceDecentralizedExchangeFTXGMXListingsSurgesToken CryptoX Portal

Decentralized Exchange Token GMX Surges Amid Binance, FTX Listings

GMX jumped to as high as $60 from around $40, data on crypto price tracker CoinGecko shows, the highest since January, when the price hit $62. The token has since pared some of its gains, changing hands at $48 at press time. Trading volume exploded, reaching $150 million in the last 24 hours, almost 20 times larger than the previous day, CoinGecko data shows. Source

Crypto Exchange OKX’s Website Blocked in Russia; Reason Undisclosed

According to Artem Kozlyuk, founder of Roskomsvoboda, says even the owners of blacklisted websites usually don’t know why they have been blacklisted, so only by suing Roskomnadzor they can find out the reason. Website hosting services, which are obliged to block banned websites, also only know about the fact of blacklisting: the only information publicly shared is the number of a decision and the article of law, Kozlyuk told CoinDesk. Original Source blockedCryptoExchangeOKXsReasonRussiaUndisclosedWebsite CryptoX Portal

Nasdaq needs clear regulations to launch crypto exchange, says VP

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Nasdaq, the American stock exchange, has no immediate plans of launching a crypto exchange until there’s better regulatory clarity from policymakers, said Tal Cohen, the company’s executive vice president. In an interview with Bloomberg, Cohen said that the retail side of the crypto market is fairly saturated and there are enough crypto exchanges catering to the needs of retail investors. He added that his firm would continue its focus on crypto custody services that were launched on Sept. 20. Cohen also shed some light on other crypto-related services that the exchange…