Coinbase cuts another 20% of workforce and warns of up to $500M in losses
The cuts amount to 950 people, on top of the 1,100 Coinbase cut back in June; its CEO Brian Armstrong says the layoffs are part of a plan to cut…
Gemini seeks ‘unfit’ Barry Silbert’s ouster as Digital Currency Group CEO
Cameron Winklevoss says some 340,000 Gemini Earn users have been “defrauded” by DCG subsidiary Genesis Global Capital and, by extension, by Silbert “and other key personnel.” [...] Read More... The…
Gemini Co-Founder Cameron Winklevoss wants DCG’s Barry Silbert to step down as CEO – Report
Cameron Winklevoss accused Genesis of recklessly lending to now-bankrupt crypto hedge fund 3AC while also misleading their partners and investors. DCG said that its $1.1 billion promissory note to Genesis…
OKX publishes the 2nd Proof of Reserves Report. Everything you need to know
OKX, the 2nd largest crypto exchange by volume has published the 2nd Proof of Reserves. The report offers great insight into the exchange and fulfills its promise of transparency. OKX,…
Binance investigated by federal probe, no panic at all – This is what you need to know
Binance’s role in FTX’s bankruptcy filing has drawn new probes from the US feds. The exchange’s operations remain functional, showing no signs or reasons for the community to panic. Binance…
EOS and Orbeon Protocol (ORBN) set to dominate the crypto market in 2023
EOS and Orbeon Protocol are poised to make a big impact on the cryptocurrency market in 2023. EOS is expected to experience a significant price surge following months of losses.…
Bitcoin stable above $17,200 and Aptos skyrockets 40% – These altcoins to watch
The altcoin market is patiently waiting for Bitcoin price to break above the current resistance level to continue rallying. Lido DAO (LDO) has risen 64 percent and 3 percent in…
