Coinbase Confirms it is Halting Operations in Japan
Customers have until Feb. 16 to withdraw their fiat and crypto holdings from the exchange. Original Source
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Crypto exchange WonderFi confirms merger talks with Coinsquare
Crypto exchange WonderFi, which is backed by crypto investor and billionaire Kevin O’Leary, has confirmed it is in preliminary discussions with fellow Canadian crypto exchange Coinsquare for a possible merger.In a statement on Jan. 12, WonderFi responded to a Bloomberg report suggesting the two exchanges were in "advanced merger talks"
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Huobi confirms 20% layoffs, denies insolvency rumors
Huobi cryptocurrency exchange has confirmed plans to lay off 20% of its employees as part of the ongoing restructuring following Justin Sun’s acquisition of the firm.“The planned layoff ratio is about 20%, but it is not implemented now,” a spokesperson for Huobi said in a statement to Cointelegraph on Jan.
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3Commas CEO confirms API key leak following warning from CZ
Binance CEO Changpeng Zhao (CZ) warned his 8 million Twitter followers on Dec. 28 that he is “reasonably sure” that API key leaks are taking place at the cryptocurrency trade management platform.I am reasonably sure there are wide spread API key leaks from 3Commas. If you have ever put an
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Israel-Based Playtika Confirms 15% Layoff of Workforce
In the email that confirmed the latest headcount reduction, the CEO wrote that it was difficult for the company to reach the decision.Israel-based digital entertainment company Playtika is the latest company to receive the hit of the global economic meltdown as it plans a 15% layoff of its entire workforce.
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Abnormal token price movements on Binance not hack-related, confirms CZ
Crypto exchange Binance began investigating suspicious behavior on its platform after noticing abnormal price movements for certain trading pairs involving Sun Token (SUN), Ardor (ARDR), Osmosis (OSMO), FUNToken (FUN) and Golem (GLM) tokens. Nearly 40 minutes into the investigation, Binance CEO Changpeng ‘CZ’ Zhao revealed that the price movements “appears
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Coinbase CEO Armstrong Confirms Street Expectations for a 50%-Plus Decline in Revenue in 2022
“Last year in 2021 we did about $7 billion of revenue and about $4 billion of positive EBITDA, and this year with everything coming down it’s looking, you know, about roughly half that or less,” Armstrong said in an interview on Bloomberg’s “David Rubenstein Show: Peer-to-Peer Conversations.” Coinbase actually generated
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Ankr confirms exploit, asks for immediate trading halt
The BNB Chain-based decentralized finance (DeFi) protocol Ankr has confirmed it has been hit by a multi-million dollar exploit on Dec. 1.The attacker was purportedly able to mint 20 trillion Ankr Reward Bearing Staked BNB (aBNBc), a reward-bearing token for BNB (BNB) staked on the protocol. The exploiter has since
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November Jobs Report Due Friday as the Fed’s Powell Confirms Slower Pace of Rate Hikes
Equity markets soared on the news, led by the Nasdaq’s 4.5% advance. Bitcoin (BTC) rallied as well, briefly topping $17,000 from the mid-$16,000 area (it’s trading at $16,900 at press time). The rallies were somewhat surprising as bets on a smaller-than-usual rate hike in December barely changed after Powell’s comments
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BlockFi Has $355M in Crypto Frozen on FTX, Attorney Confirms
BlockFi filed for bankruptcy Monday, after weeks of speculation about the company’s solvency after it paused withdrawals earlier in November. The lender had been relying on a $400 million line of credit from crypto exchange FTX, which itself filed for bankruptcy earlier this month after doubts emerged about its own
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