What is Huobi and how does the crypto exchange work?
Founded in China and based in the Seychelles, Huobi has grown to become one of the largest cryptocurrency exchanges based on trading volume. Originally marketed to...
Tagged: crypto
Payment provider Confirm to sunset crypto program after 19% cut in staff
Max Levchin, CEO of buy-now-pay-later company Affirm, has confirmed that they will shut down their “Affirm Crypto Program” amid subdued consumer spending and a changing macroeconomic...
Hut 8 Merger Would Have Happened Even Without FTX or Crypto Turmoil, Says CEO
Crypto exchange FTX’s collapse and general crypto market turmoil were not key factors in the decision to merge crypto mining firm Hut 8 with US Bitcoin...
Getting rid of crypto stakes would be a ‘terrible path’ for US – Coinbase CEO
CEO and co-founder of cryptocurrency exchange Coinbase, Brian Armstrong, believes banning retail crypto-stakes in the US would be a “terrible” move by the country’s regulators. Armstrong...
Crypto lender SALT makes a comeback with $64.4 million in funding
The crypto winter and FTX collapse have decimated the ranks of cryptocurrency borrowers. Genesis, BlockFi, Voyageur Digital and Celsius Network have all filed for bankruptcy in...
Umami Finance CEO Dumps All Tokens After Week-long Drama, Leaving Crypto Hopefuls Stranded
The price of decentralized finance (DeFi) protocol Umami Finance’s original token fell by almost 50% in the last 24 hours due to changes in the mechanism...
Pushing Ethereum Altcoin Could Explode Another 111%, According To Top Crypto Analyst
A popular crypto trader is predicting a massive jump for an already rising Ethereum (ETH) altcoin. Anonymous cryptanalyst Credible says his 337,700 Twitter followers that OriginTrail...
Investors ‘Absolutely Interested’ in Crypto, Says US Banking Titan BNY Mellon
According to GlobalData research’s banking and payments forecasts for 2023, prominent banks will continue to integrate crypto and digital assets into their offerings despite the ongoing...
Polygon recruits top Aave lawyer Rettig for crypto policy role
Polygon Labs, a blockchain company that has been adding executives despite a tough cryptocurrency market, has named digital finance attorney Rebecca Rettig as its first head...
Crypto taxes: You still owe the IRS even if your lender collapsed
Clients of failed cryptolenders like Celsius Network, Voyager Digital , and BlockFi may have an unwelcome surprise this tax season. Although their earnings may be locked...