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Nalezeno "Crypto business": 30

Crypto Exchanges Reward Staff with Bumper Bonuses after Successful 2021


  South Korean crypto trading platforms are not only offering huge pay packages to prospective new hires – they are also looking to retain their staff by paying them massive Lunar New Year bonuses. As reported, the “big four” crypto trading platforms - Upbit, Bithumb, Korbit, and Coinone –...

Upbit Operator Posts Record Profits, Eyes US Expansion


  The South Korean crypto exchange operator Dunamu is set to accrue a tax bill of a whopping KRW 1trn (USD 843m) following the most successful year yet for its Upbit trading platform. According to Donga, Dunamu posted cumulative operating profits of USD 2.2bn in the first three quarters of...

Coinbase To Compress Trading Fees Amid Rising Competition


  US crypto exchange Coinbase is gearing towards a trading fees compression as part of the company’s drive towards diversifying from trading fees and towards increasingly relying on revenue from subscription services.  Trading fee compression will come down “at some point,” Emilie Choi, President...

Watch: CoinField's President on Their New Token, Growth Plans, and Competition


  Alex Lightman, Executive Chairman and President of a European crypto exchange CoinField that operates in 193 countries, claims that exchange tokens will outperform other cryptoassets as the company is now preparing to launch its own, somewhat unusual coin.  Per Lightman, this utility token aims...

Watch: Nym's CEO on Mainnet Launch, Privacy Trends, and More


Nym, a developer of a decentralized privacy infrastructure, has raised USD 13m in a Series A funding round, as the startup prepares to launch its mainnet in the coming months.... Read More: Watch: Nym's CEO on Mainnet Launch, Privacy Trends, and More

Singapore Strives to Become Global Crypto Hub, Monetary Authority Reveals


Singapore, already a major financial center in the world, is now aiming to become a cryptocurrency hub as well. The city-state is seeking to secure its role as a leading player in the crypto space, the head of its central banking institution has indicated in recent comments. Singapore to Establish...

Paypal Launches Business Unit Dedicated To Cryptocurrency


Paypal is launching a new business unit dedicated to cryptocurrency services, the company chief executive officer Daniel Schulman announced this week. In an earnings call on February 3, 2021, Schulman said the existing financial system is outdated and that his firm will be investing a lot of money...

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