Crypto Exchange

A cryptocurrency exchange or a digital currency exchange is a business that allows customers to trade cryptocurrencies or digital currencies for other assets, such as conventional fiat money or other digital currencies.

Liquidators Object to FTX Subsidiary’s Bankruptcy
Liquidators Object to FTX Subsidiary’s Bankruptcy
November 16, 2022  |  Cryptocurrency

Liquidators in the Bahamas dealing with the collapse of crypto exchange FTX say they “reject the validity” of the company’s bankruptcy proceedings in the U.S. That’s according...

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Financially Linked to FTX, BlockFi Eyes Chapter 11
Financially Linked to FTX, BlockFi Eyes Chapter 11
November 15, 2022  |  Cryptocurrency

BlockFi, a digital asset lender that received a bailout from FTX earlier this year and which has significant exposure to the exchange and its associated...

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Genesis to Get $140M Equity Infusion from Parent Company
Genesis to Get $140M Equity Infusion from Parent Company
November 11, 2022  |  Cryptocurrency

Cryptocurrency brokerage Genesis will reportedly get an equity infusion of $140 million from its parent company to strengthen its balance sheet after saying its derivatives...

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Coinbase Cuts 60 in Recruiting and Onboarding Teams
Coinbase Cuts 60 in Recruiting and Onboarding Teams
November 10, 2022  |  Cryptocurrency

After making job cuts that totaled 18% of its full-time workforce in June, cryptocurrency exchange Coinbase has announced another 60 layoffs.  These staff reductions are...

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Coinbase Loses Half Billion Dollars and Half Million Customers in Q3
Coinbase Loses Half Billion Dollars and Half Million Customers in Q3
November 03, 2022  |  Cryptocurrency

Coinbase reported another brutal earnings miss in the third quarter of 2022, losing $545 million and missing earnings targets by a little and revenue by...

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Report: CFTC Files Complaint Against Digitex Head Adam Todd
Report: CFTC Files Complaint Against Digitex Head Adam Todd
September 30, 2022  |  Cryptocurrency

The Commodity Futures Trading Commission (CFTC) has reportedly charged Adam Todd, the founder of the cryptocurrency exchange Digitex, with running an illegal crypto derivatives trading...

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Coinbase Feels Heat as Business Model Cracks under Strain
Coinbase Feels Heat as Business Model Cracks under Strain
September 30, 2022  |  Cryptocurrency

Coinbase’s share price tumbled as the Nasdaq-listed cryptocurrency exchange’s core business model was challenged on two sides: by Wells Fargo, which gave it what amounts...

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Today in Crypto: California Targets 11 Firms for Alleged Securities Violations; FTX.US President Brett Harrison Steps Down to Advisory Role
Today in Crypto: California Targets 11 Firms for Alleged Securities Violations; FTX.US President Brett Harrison...
September 27, 2022  |  Cryptocurrency

In a speech at a conference on finance tokenization, François Villeroy de Galhau, governor of the Banque de France, said the bank is working on...

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Kraken CEO Jesse Powell, Crypto’s First Banker, Steps Down
Kraken CEO Jesse Powell, Crypto’s First Banker, Steps Down
September 21, 2022  |  News

Update: Adds background.   Jesse Powell, the CEO of the first U.S. cryptocurrency exchange to receive a banking license, is stepping down. Powell made history...

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