Januar 2023

Coinbase Fined $3.6 Million by Dutch Central Bank for Regulatory Violations

• Coinbase has been fined $3.6 million by the Dutch Central Bank for not registering with the DNB and violating the domestic regulations. • This violation occurred between November 2020 and August 2022. • Coinbase has the option to appeal the fine until March 2nd. Coinbase Global Inc, one of the world’s largest cryptocurrency exchanges, …

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Crypto.com Announces Layoffs; CRO Token Price Reacts Positively

• Crypto.com announced a 20% reduction in its global workforce due to negative economic developments. • It joins other crypto firms such as Huobi and Coinbase who have also announced layoffs this year. • The CRO token price responded positively to the news. Crypto.com, a leading cryptocurrency exchange, has recently announced that it is laying …

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Huobi Layoffs and Pay Cuts Spark Fear Among Crypto Investors

• Huobi, a leading crypto exchange, is reportedly laying off 20% of its workforce and requesting employees take their salaries in stablecoins. • Internal communication has reportedly been suspended to quell discontent, and customers are pulling their funds from the exchange. • The crypto industry has seen many scandals in the past year, leading to …

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