SEC boss worries crypto bill undermines financial protections

SEC boss worries crypto bill undermines financial protections

United States Securities and Exchange Commission (SEC) Chairman Gary Gensler said he’s worried that a proposed bill to create a regulatory framework for cryptocurrencies could weaken investor protections in the traditional financial market.Speaking at The…

Commonwealth Bank dodges crypto bullet

Commonwealth Bank dodges crypto bullet

Crypto sceptic and veteran investor Warren Buffett did warn us that when the tide goes out you can see who’s been swimming naked and there are plenty of corporate nudists on the beach.The Betashares Crypto…

Coinbase to Lay Off 18% of Staff Amid Crypto Meltdown

Coinbase to Lay Off 18% of Staff Amid Crypto Meltdown

Further waves of reckoning swept through the cryptocurrency industry Tuesday, with exchange company Coinbase Global Inc. saying it would cut almost a fifth of its staff and crypto lender Celsius Network LLC hiring a law…

Binance aims to become a super app with Splyt crypto partnership

Binance aims to become a super app with Splyt crypto partnership

The world’s largest cryptocurrency exchange, Binance has partnered with Splyt, a “super app enabler,” to bring payment options to the Binance application. Payment options made for Splyt services include cryptocurrency. When live, the integration will allow…

Coinbase slashes 1,100 jobs as crypto winter sets in

Coinbase slashes 1,100 jobs as crypto winter sets in

The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. REUTERS/Shannon Stapleton/File PhotoRegister now for…