Kraken Reduces Workforce by 30% to Survive Crypto Winter
Kraken, the second biggest cryptocurrency exchange in the United States, has stated that it would lay off almost 30% of its workforce, or 1,100 employees....
Tag : cryptocurrency
Bitcoin Gains Around 2% Amid BlockFi Declares Bankruptcy
As a result of the crypto lending platform BlockFi declaring bankruptcy, the price of bitcoin has increased by 1.71 percent in the previous 24 hours....
Crypto Price Analysis
The crypto market seemed to remain dormant during Monday’s early trading hours after a relatively quiet holiday weekend. Even while other cryptocurrencies were falling, Dogecoin,...
Criminal Proceedings Against FTX are now being investigated in the Bahamas
The Bahamas authorities are looking into FTX after the company declared Chapter 11 bankruptcy in the United States on Friday. The Royal Bahamas Police Force...
Indonesia will Change Cryptocurrency Regulators as Part of a Strategy to Tighten Oversight
The Indonesian government wants to transfer cryptocurrency regulation to the Asian country’s financial watchdog to further protect investors. The move is part of a bigger...
Binance Will Not Acquire FTX
In a recent development, Binance has publicly confirmed that it would no longer pursue the FTX takeover. This follows the Binance team’s due diligence on...
The Cryptocurrency Industry Could Be Killed by India’s Taxes as per Binance CEO
Binance Holding Ltd. CEO Changpeng Zhao shared his views on the situation of crypto in India on a panel at a Fintech Conference in Singapore...
3997 People Targeted for $1B Crypto Tax Invasion in Argentina
As a follow-up to recent raids on cryptocurrency mining operations, the Argentine tax authority AFIP is now ramping up its efforts to combat tax evasion...
Australian Regulator Warns about Fraudulent Crypto Marketing
In a press release dated October 25, the Australian Securities and Investments Commission (ASIC) said that BPS Financial Pty Ltd (BPS Financial) had been the...
Top Cryptocurrency Prices Today, Bitcoin in red, XRP biggest loser
The market value of all cryptocurrencies stood at $918.85 billion as of the early hours of October 22, an increase of 0.62 percent when compared...