Crypto exchange Coinbase has announced it is formally ceasing operations in Japan, describing the decision as a difficult one. It also intends to conduct a complete review of its operations in the cou...
Tag: operations
Coinbase halts its operations in Japan to review market conditions
The Japanese arm of Coinbase has published an official blog post to announce that it is halting its operations in the region amid the present market conditions. Coinbase aims to review the business’s ...
Coinbase stops Japan operations amid trading slump
Despite Bitcoin (BTC) returning to pre-FTX collapse price levels, the contagion still affects the industry, forcing Coinbase cryptocurrency exchange to close operations in Japan. Coinbase officially a...
Coinbase To Halt Operations in Japan
Cryptocurrency exchange Coinbase announced that it will be suspending all its operations in Japan due to volatile market conditions. Crypto exchange Coinbase Global Inc. announced on Wednesday via a b...
Coinbase to cease operations in Japan – Cryptopolitan
The industry contagion continues to influence the market despite Bitcoin’s price recovery to levels seen before the FTX crash, causing Coinbase to shut down its operations in Japan. On January 18, Coi...
RKVST launches new public attestation service for supply chain operations
Expansion of RKVST supply chain evidence management platform includes multi-tenancy, verified domain name and batch transactions, for easy-to-deploy supply chain visibility, provenance and governance ...
Coinbase halts operations in Japan citing ‘market conditions’
Crypto exchange Coinbase has paused its business in Japan and has advised customers to withdraw their assets from the platform, the company announced on Wednesday. Coinbase blamed the current ma...
Natural Catastrophes Become The Largest Driver Of Corporate Insurance Losses In The US.
Authored by Lee Shavel — President and CEO, Verisk When businesses assess risks, they often consider factors such as data breaches, operational disruption, compliance or reputational risk. Natural cat...
Wyre Receives Strategic Funding to Continue Operations
Crypto payments company Wyre announced it has received financing from a strategic partner that will allow it to remove the withdrawal cap imposed last week. The company told customers they could only ...
The low-down on Hedera’s node outage which disrupted dApp operations
Hedera experienced its first technical glitch in 2023. HBAR bulls finally made an appearance as the market enjoyed a healthy recovery. This week has been quite an interesting one for the markets, but ...
Thai Regulator Queries Zipmex CEO for Alleged Ilegal Operations
Thai SEC opened a new quest into Zipmex on suspicion that it has broken the law. The regulator requested its CEO to make clarifications before next Thursday. Last year, Zipmex froze customer account a...
Coinbase to close majority of Japan operations following global layoffs: Report
Crypto exchange Coinbase will be closing down most of its operations in Japan as part of its efforts to survive in the bear market. The move is part of the company’s restructuring plan and follows the...
Huobi clarifies Korean operations: Two separate entities aiming at same market
The company confirmed that it has already broken all the ties with Huobi Korea, its former subsidiary in South Korea. Following the report about Huobi Korea’s planned buyout of its shares from Huobi G...
Coinbase faces another blow as it winds down most Japanese operations
Coinbase is winding down the majority of its operations in Japan. A few employees are being retained to ensure the safety of customer assets. American crypto exchange Coinbase Inc. will shut down most...
Coinbase To Wind Up Operations In Japan Following Crypto Winter?
Coinbase Global Inc has decided to cut down its employees in Japan, citing the reason of extreme market conditions, as a part of laying off 20% of the global workforce. The spokesperson for Japan’s Co...
Coinbase to wind down Japanese operations amid global staff cuts
Coinbase is closing down a majority of its operations in Japan and laying off staff located there, according to Bloomberg News. On Jan. 11, Coinbase’s Vice President for Business Development, Nana Mur...
TeraWulf Announces December 2022 Production and Operations Updates
Proprietary mining produced 125 Bitcoin in December ‘22, pushing Q4 ‘22 total to 378 Bitcoin, reflecting a more than 220% increase over the Bitcoin produced in Q3 ‘22 Total fleet of deployed miners re...
Wyre Business Operations Halted as Bolt Pulls Out from $1.5 B Acquisition Deal
Crypto payments platform Wyre is winding down its business operation, according to a report published by Axios on January 4th, 2023. Data from multiple sources suggest that this move has something to ...
Crypto Firm Wyre Reportedly Shuts Down After Canceled Bolt Acquisition, CEO Claims Firm Is Just ‘Scaling Back’ Operations – Bitcoin News
According to several reports, Wyre, a cryptocurrency payments firm, is allegedly sunsetting its business. Wyre’s purported wind down follows Bolt, another payments company, canceling its plan to acqui...
Wyre ‘Scaling Back’ Operations Amid Crypto Winter: CEO
Ioannis Giannaros, the CEO of Crypto payments company Wyre, has allegedly told his employees via email that he is liquidating the company and plans to terminate services this month, according to a rep...
Bitcoin sticks to its bearish patterns despite miners revising their operations
Bitcoin miners added over 3,000 BTC to their reserves An analyst predicted a drop in value due to the RSI and Open Interest stance For most of 2022, Bitcoin [BTC] miners’ activities revolved around se...
Better liquidity operations from Inverse Finance in 2023
Inverse Finance’s treasury working group, with the close association of the RWG, has successfully been able to chalk out plenty of liquidity-oriented plans of action, in the case of the DAO, ever sinc...
BMW Revamps Operations With Blockchain Technology From Coinweb And BNB Chain
Coinweb, a layer-2 cross-chain computation platform, announced on December 29 that it has entered into a partnership with BMW to integrate blockchain technology into the automaker’s infrastructure in ...
Crypto Winter Gets Colder as Kraken Closes Japanese Operations
The crypto winter just got a bit colder. Cryptocurrency exchange Kraken said it had decided to cease its operations in Japan and deregister from the country’s regulatory agency as of Jan. 31. T...
Midas investments to cease operations after a $63M loss
Midas Investments becomes the latest victim to succumb to liquidity pressure caused by the 2022 bear market. The platform, established in 2018, provided passive income streams to cryptocurrency invest...
Crypto exchange Kraken to close Japan operations after mass job cuts
Kraken is one of the world’s largest crypto exchanges. Tiffany Hagler-Geard | Bloomberg via Getty Images Digital currency exchange Kraken will close down its operations in Japan next month, in a...
Kraken Ceases Operations in Japan Amid Tough Crypto Market
Crypto exchange Kraken confirmed in a blog post on Wednesday that it would quit the Japanese market by the end of January 2023. The news comes amid weak market sentiments and the ongoing bear price ac...
Kraken to cease operations for the second time in Japan
U.S.-based cryptocurrency exchange Kraken announced on Wednesday that it would stop operating in Japan by the end of the month due to the country’s present market conditions and a weak crypto ma...
Kraken Exchange Announces Ceasing of Operations in Japan
47 mins ago | 2 mins read Exchange News The exchange will close its offices in Japan and remove its registration with FSA. Payward Asia Inc., a Kraken subsidiary, manages the exchange’s Japanese outle...
Midas reveals $60M deficit, announces closure of operations
Crypto platform Midas Investment will shut operations because of the significant losses it incurred in 2022, according to a Dec. 27 statement. CEO Iakov “Trevor” Levin said the Midas DeFi Portfolio lo...
Kraken to shutter operations in Japan by end of January 2023
Kraken will shut its operation in Japan and deregister with the country’s Financial Services Agency on Jan. 31, 2023, according to a Dec. 28 statement. According to the exchange, the decision was mad...
Bitcoin Mining Firm Agro Blockchain Halts Operations For 24 Hours
Bitcoin News The corporation said that it has sought a 24-hour trading halt with the United States. The bitcoin mining company did not file for bankruptcy and is instead reorganizing. Agro Blockchain,...