Coinbase Considers Overseas Crypto-Trading Platform
Coinbase has explored the possibility of setting up a cryptocurrency trading platform outside of the US.
BitcoinistCoinbase has explored the possibility of setting up a cryptocurrency trading platform outside of the US.
BitcoinistEarlier Monday, CoinDesk reported that DCG and Genesis had reached an agreement with a key group of creditors.
OthersGenesis Trading, a crypto lender, will eliminate 60 positions, or 30% of its workforce, as it attempts to economize and stave off a bankruptcy filing.
OthersThe move, granted by a British Virgin Islands court in November, allows officials to seek restructuring advice.
CoindeskThe leading crypto, Bitcoin, is up by nearly 12% in two weeks, whereas Ethereum is up by almost 20%.
BeincryptoThe Hong Kong-based company was once Asia’s largest bitcoin ATM player.
CoindeskThe aftermath of the crypto winter is yet to be over.
BitcoinistIgnite CEO Peng Zhong, MicroStrategy CEO Michael Saylor, and now Genesis Trading CEO Michael Moro — top executives have departed crypto firms or stepped into advisory positions.
CointelegraphGenesis Trading held on after confirming its 3AC exposure, while parent company Digital Currency Group took some responsibility after losses.
CointelegraphGenesis Trading soldiers on after confirming 3AC exposure, while parent company Digital Currency Group assumes a portion of liability after losses.
Cointelegraph