by Christine Moukazis | Apr 4, 2023 | Cryptocurrencies, Forbes Articles by Jack Kelly
Coinbase, a leading United States-based cryptocurrency exchange, is considering diversifying its risk by establishing a trading platform in another country, according to Bloomberg. The Securities and Exchange Commission’s Crypto Assets and Cyber Unit in the Division...
by Christine Moukazis | Apr 3, 2023 | Cryptocurrencies, Forbes Articles by Jack Kelly
The collapses of Silicon Valley Bank and Signature Bank have prompted people—in droves—to withdraw their savings from small and regional banks and deposit the funds into too-big-to-fail financial institutions and cryptocurrency investments. Bank of America, JPMorgan,...
by Christine Moukazis | Dec 6, 2022 | Cryptocurrencies, Forbes Articles by Jack Kelly
Executives of cryptocurrency exchanges are bracing for a long, cold crypto winter characterized by layoffs, according to Bloomberg. The reasons for concern include the cratering of crypto prices from their dizzying heights, the FTX debacle, an implosion of a number of...
by Christine Moukazis | Aug 3, 2022 | Cryptocurrencies, Latest News
Robinhood Markets Inc. plans to cut its staff by 23%, citing the weakening economic environment and depressed trading activity. Chief Executive Vlad Tenov publicly announced the layoffs in a Tuesday afternoon blog post, acknowledging that his prior plan to let go of...
by Christine Moukazis | Jul 21, 2022 | Cryptocurrencies, Latest News
Just seven weeks after crypto exchange Gemini cut approximately 10% of its workforce due to “turbulent market conditions,” the startup has made a second round of layoffs, TechCrunch has learned, and there may be more on the way. The company had not widely communicated...
by Christine Moukazis | Jul 18, 2022 | Cryptocurrencies, Latest News
Again, cryptocurrency users and industry experts are sensing troubles ahead for the leading US exchange Coinbase, following recently leaked information that the company has decided to stop its affiliate program in the United States temporarily. It’s no longer news...
by Bhatt Unnati | Apr 28, 2022 | Bitcoin, Cryptocurrencies, Latest News
Cryptocurrency – the most famous example of which being Bitcoin – is a decentralized digital currency that does not depend on traditional institutions, such as the government, to maintain its use and exchange rates. As it stands, most places of work do not offer...
by Bhatt Unnati | Apr 26, 2022 | Bitcoin, Cryptocurrencies, Latest News
Four years ago, Pamela Draper said her colleagues were astonished that she was leaving investment banking for crypto. Today, many of them are following in her footsteps. Ms. Draper was working in investment banking at Bank of Montreal when a client approached her with...
by Jack Kelly | Feb 28, 2022 | Bitcoin, Cryptocurrencies, Wall Street
The U.S. Securities and Exchange Commission (SEC) will not offer amnesty to cryptocurrency companies that self-report violations of securities laws, although they may face smaller penalties, the agency’s enforcement director told Reuters. Gurbir Grewal’s...