CoinFLEX is attempting to resolve its issues by limiting withdrawals ahead of a possible acquisition from equity investors.
The move puts pressure on other crypto exchanges to follow suit
Singapore-based cryptocurrency exchange Vauld is the next firm to downsize, despite raising $25 million one year ago
Coinbase’s decision to cut jobs comes less than two weeks after the firm said it would pause hiring and rescind job offers
Crypto exchange tokens are faring much better than bluechip cryptocurrencies, including bitcoin and ether, in the lingering aftermath of Terra’s implosion
Crossover Markets Group seeks to serve TradFi institutions and crypto-native firms looking for low-latency infrastructure
Blockworks exclusive: FTX has explored the possibility of adding its first fund of funds operation in recent months, according to three sources with knowledge of the matter
Trading fees have historically make up the bulk of Coinbase’s revenue, but the exchange is trying to diversity its business lines
Decentralized exchanges gathered over $1 trillion in cumulative volume during 2021
Thaya Knight joins crypto exchange after working for Commissioner Elad Roisman