Crypto SWOT: Coinbase Global is firing 950 employees, or about 20% of its workforce.
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SkyBridge Capital founder to invest in crypto firm founded by former FTX US presidentAnthony Scaramucci, the founder of SkyBridge Capital, told Bloomberg that he is going to invest in a crypto company founded by the former president of FTX US. This new venture was announced only three weeks after the collapse of the cryptocurrency exchange FTX. Anthony Scaramucci, the founder of SkyBridge Capital, told Bloomberg that he is […]
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3AC and Coinflex founders join hands to launch new crypto exchange3AC founders have teamed up with Coinflex’s founders to raise money for a new crypto exchange. The crypto industry welcomed the new venture with considerable criticism. Su Zhu and Kyle Davis, the men behind Three Arrows Capital (3AC)), the defunct crypto hedge fund whose collapse triggered an industry wide string of bankruptcies, have joined hands with […]
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Thailand SEC introduces regulations for crypto custodians: What does it entail?Thailand’s SEC has issued fresh regulations for digital asset service providers. The new rules come in light of the recent turmoil in the crypto industry. The Securities and Exchange Commission of Thailand has unveiled a new set of regulations for digital asset service providers in the country. The new rules are a part of securities […]
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Bitwise’s latest declaration about Uniswap could turn the tide for UNI holdersBitwise predicts Uniswap to surpass Coinbase in trading volume Q3 2023 Uniswap’s unique users and fees increase while pool value and active users fall In a recent prediction made by Bitwise, it was stated that Uniswap would be overtaking Coinbase in terms of trading volume. According to Bitwise, this event would happen in Q3 of […]
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IMF says fragmentation could cost global economy up to 7 per cent of GDPIMF says global flows of goods and capital had levelled off after 2008-09 financial crisis, surge in trade restrictions
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Two-thirds of chief economists expect global recession in 2023, WEF survey findsThe survey comes after the World Bank last week slashed its 2023 growth forecasts to levels close to recession for many countries
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