Coinbase Reports Major Losses in Q2

The fall of the crypto market had a negative impact on the financial performance of US-based cryptocurrency exchange Coinbase.

Co-founder of Indian Exchange WazirX Denies Zhao’s Claims

Nischal Shardeum, co-founder of Indian crypto exchange WazirX, has denied the recent statements by the Binance CEO Changpeng Zhao.

Portuguese Banks Are Closing Crypto Exchanges Accounts

Commercial banks in Portugal have begun to close accounts owned by cryptocurrency exchanges.

Portuguese Banks Are Closing Accounts of Crypto Exchanges

Portuguese commercial banks have started to close accounts owned by crypto exchanges.

Robinhood Fires 23% of its Workforce to Optimize Costs

Many crypto companies have been forced to cut some of their staff over the past few months.

Binance Experienced Financial Losses Due to KYC Procedures

Binance lost “about 90% of its customers and billions of dollars of revenue” due to the introduction of KYC procedures.