Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,409,924,417,055.02
  • 24h Vol: $53,041,464,827.66
  • BTC Dominance: 56.57%

Coinbase

matrixport-joins-growing-list-of-crypto-and-blockchain-companies-letting-employees-go

Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go

Leave a Comment / Amazon, Bitcoin, Bitmain, blockchain companies, ceo, Coinbase, Crypto Hacked, Crypto Winter, Cryptocurrency, downsizing, Ethereum, Financing, Friday, Gemini, Google, Huobi, industry-wide capitulations, investor relations, Investors, Jihan Wu, job loss, layoffs, marketing department, Matrix Asset Management, Matrixport, Meta, Microsoft, News, personnel reduction, reduction in headcount, reduction in personnel, regulatory climate, Reports, staff, staff cuts, staff trimming, Superrare, workforce reduction / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited a “shift in the regulatory climate” and “industry-wide capitulations” as reasons for the layoffs. Matrixport Lays Off 10% of Staff as Crypto Winter Continues Jihan […]

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Coinbase Fined €3.3 Million in Netherlands, Exchange Considers Appeal

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The Dutch central bank has imposed a fine on crypto exchange Coinbase for providing services in the past without the necessary registration. The trading platform, which has until March to object to the measure, is currently considering an appeal against the move. Dutch Monetary Authority Fines Coinbase for Operating Without Registration De Nederlandsche Bank (DNB)

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Coinbase Shutting Down Most Crypto Services in Japan After Series of Job Cuts Globally

Leave a Comment / binance japan, Bitcoin, Brian Armstrong, Brian Armstrong Japan, Coinbase, Coinbase closing Japan, Coinbase FSA, coinbase japan, Coinbase operations Japan, Coinbase shutting down Japan, Crypto Hacked, Cryptocurrency, Ethereum, Exchanges, Kraken Japan / / / , , , , , , , , , ,

The Nasdaq-listed cryptocurrency exchange Coinbase is closing down most of its operations in Japan after announcing another round of job cuts globally. “Despite everything we’ve been through as a company and an industry, I’m still optimistic about our future and the future of crypto,” Coinbase CEO Brian Armstrong insisted. Coinbase Winding Down Majority of Japanese

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Ex-Coinbase Manager’s Brother Sentenced to Prison in Crypto Insider Trading Case

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A former Coinbase employee’s brother has been sentenced to 10 months in prison in what the U.S. Department of Justice (DOJ) called a “groundbreaking cryptocurrency insider trading case.” ‘Groundbreaking’ Crypto Insider Trading Case The U.S. Department of Justice (DOJ) announced Tuesday that Nikhil Wahi “was sentenced to 10 months in prison” in a “groundbreaking cryptocurrency

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Coinbase Agrees to $100 Million Settlement With New York Financial Regulator for Anti-Money Laundering Violations

Leave a Comment / $50 million fine, 100 million, 2018, 2020, 2021, Adrienne Harris, AML, AML background checks, anti-money laundering, anti-money-laundering controls, banks, Bitcoin, COIN, Coinbase, Compliance, compliance problems, consent order, crypto companies, crypto exchange, Crypto Hacked, Cryptocurrency, custodial firm, enhanced due diligence, Ethereum, financial regulator, illicit financing, inadequate, independent examiner, Investigation, Know-Your-Customer, KYC guidelines, Nasdaq: COIN, New York regulator, News, NYDFS, Settlement, Stock, transaction monitoring / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Coinbase has agreed to pay a $100 million settlement with the New York Department of Financial Services (NYDFS), according to a consent order signed by the NYDFS superintendent Adrienne Harris on Jan. 4, 2023. New York’s financial regulator said compliance problems were detected and the exchange’s anti-money laundering controls were inadequate from 2020 through 2021.

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