Anchorage Digital lays off 20% of staff, says bank unit not affected
California-based digital asset platform Anchorage Digital will lay off 75 employees, or around 20% of staff, as it restructures to...
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Binance had ties to U.S. unit unknown to regulators: WSJ
Binance, the world’s largest cryptocurrency exchange, reportedly didn’t disclose the extent of its ties and control over Binance.US, a supposedly...
“personnel reshuffle” underway at metaverse unit
Tencent, which runs the Wechat social media platform and is China’s largest company by market capitalization, said it is executing...
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Australia’s CBA simplifies financial reporting after sale of wealth management unit
Feb 6 (Reuters) - Commonwealth Bank of Australia (CBA.AX) said on Monday it will simplify its financial reporting in upcoming...
Crypto broker Genesis puts lending unit into Chapter 11 bankruptcy
Cryptocurrency broker Genesis has placed its lending unit into Chapter 11 bankruptcy, becoming the latest casualty of the fallout from...
Digital Currency Group shuts down wealth management unit: report
Cryptocurrency-focused conglomerate Digital Currency Group (DCG) is shutting down its wealth management unit called HQ, CoinDesk, a DCG-owned media outlet,...
Brevan Howard’s Crypto Unit Is Laying Off Underperformers
Permissionless is the brainchild of Blockworks and Bankless. Over 5,500 people attended the inaugural event in 2022, making Permissionless the...
FTX Bahamas Unit Has Officially Filed for Bankruptcy
The local Bahamas arm of crypto exchange FTX has filed for bankruptcy protection in New York, following more than a...
Crypto broker Genesis Trading halts withdrawals at lending unit
Genesis Trading has halted withdrawals at its lending unit as the crypto financial services group blamed the “unprecedented market turmoil”...
New Huo Technology unit gets $14M loan from ex-Huobi CEO Leon Li to cover client funds stuck on FTX
Hbit Limited, a fully owned subsidiary of New Huo Technology, has approximately $18.1 million worth of assets stuck on FTX,...