June roundup: who’s hiring and who’s firing in the crypto space
Binance, Ripple, and Kraken are hiring, while Coinbase, Gemini, and Crypto.com have announced staff cuts. Go to Source Powered by WPeMatico
business
Auto Added by WPeMatico
Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property
“Ultimately, the cryptocurrency may be liquidated if the collateral value falls below a certain threshold, such as 35% of the property value,” said the report. Go to Source Powered by WPeMatico
Roger Ver denies CoinFLEX CEO’s claims he owes firm $47M USDC
Not mentioning CoinFLEX by name, Roger Ver said he had not “defaulted on a debt to a counter-party,” and alleged the platform owed him “a substantial sum of money.” Go to Source Powered by WPeMatico
Switzerland-based crypto mining firm expands operations to Texas
The company reported its operations in the United States will have an initial capacity of 3 megawatts, aiming for the firm’s total hashrate to be more than 1.6 EH/s. Go to Source Powered by WPeMatico
How crypto is attracting some institutional investors — Huobi Global sales head
“I think everyone is in agreement now that crypto is going to be around for the long term,” said James Hume. Go to Source Powered by WPeMatico
Crypto exchange FTX is looking into acquiring Robinhood: Report
Robinhood, a discount brokerage that popularized crypto trading among mainstream users, has fallen on hard times. Go to Source Powered by WPeMatico
Grayscale reports 99% of SEC comment letters support spot Bitcoin ETF
“The approval of each and every Bitcoin-linked investment product strengthens our arguments about why the U.S. market deserves a spot Bitcoin ETF,” said CEO Michael Sonnenshein. Go to Source Powered by WPeMatico
Celsius Network hires advisers ahead of potential bankruptcy: Report
Restructuring, bankruptcy, buyouts… media outlets are swarming with different reports on the next steps Celsius may take. Go to Source Powered by WPeMatico
FTX may be planning to purchase stake in BlockFi: Report
The reportedly ongoing talks followed BlockFi signing a term sheet with FTX to secure a $250 million revolving credit facility on Tuesday. Go to Source Powered by WPeMatico
White hat hacker attempts to recover ‘millions’ in lost Bitcoin, finds only $105
“We didn’t make money, but we definitely made new friends,” said Lavar Sanders, who originally purchased the Bitcoin in 2016. Go to Source Powered by WPeMatico