US urges Japan to halt cryptocurrency operations in Russia
American diplomats urged Japan to step up pressure on the country's cryptocurrency exchanges and miners to sever ties with Russia.All about cryptocurrency exchanges - latest news and analysis. Review and comparison of key cryptocurrency exchanges.
US urges Japan to halt cryptocurrency operations in Russia
American diplomats urged Japan to step up pressure on the country's cryptocurrency exchanges and miners to sever ties with Russia.
Bullish bitcoin exchange trims 10% of staff
The Bullish cryptocurrency exchange, tied to the EOS project and Block.one, laid off nearly 30 employees, about 10% of its staff. The Block reported this, citing sources familiar with the situation.
Bybit lists OpenBlox NFT platform token OBX
Bybit launched trading of the OpenBlox token (OBX) of the eponymous gaming NFT platform in a USDT pair.
WonderFi closes acquisition of Coinberry
Supported by TV personality Kevin O’Leary, the DeFi platform WonderFi Technologies has acquired the Canadian cryptocurrency exchange Coinberry, according to a press release.
Trading volumes on India’s crypto exchanges fell after a tighter tax regime for traders
On July 1, trading volumes on India's leading bitcoin exchanges fell sharply, according to Nomics. The reason was the introduction of a 30% tax on profits from cryptocurrency transactions and a 1% levy under the TDS.
Hong Kong-regulated OSL to cut 40–60 staff, about 15% of the workforce
The Hong Kong-regulated bitcoin exchange OSL will cut 40 to 60 staff (about 15% of its workforce). The Block reports, citing sources familiar with the situation. A company spokesperson confirmed the information but did not provide specific figures. He explained that the optimisation was not triggered by the Terra collapse or the discount of stETH to ETH. The company had not worked with any firms facing liquidity problems amid the market downturn.
Huobi plans to cut 30% of staff
The cryptocurrency exchange Huobi will cut its staff by 30% amid a sharp drop in revenues following the ban on users from China in September last year, according to journalist Colin Wu.
Unizen, a CeDeFi exchange, raises $200 million from Global Emerging Markets
Positioning itself as a CeDeFi exchange on the BNB Chain, Unizen has agreed to raise $200 million from Global Emerging Markets (GEM) to develop the ecosystem.
Kaiko forecasts a difficult period for crypto exchanges
Cryptocurrency exchanges will be tested by adverse market conditions, shrinking client activity and problems among several industry participants. Some may go bankrupt if they are not bailed out by firms such as FTX or Alameda, Kaiko notes.
What to do if a crypto exchange blocks a transaction or an account, says lawyer
The lawyer from Juscutum law firm, Andrey Martsinyak, explained to ForkLog why crypto exchanges block users’ funds and what to do if this happens to you.We use cookies to improve the quality of our service.
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