The exchange said that it does not have any direct exposure to FTX, however the job cuts are a result of crypto downturn caused by FTX.
The exchange is trying to 'refocus' amid a 'deepening bear market', its CEO said on Twitter.
In addition to the previously reported group of Gemini customers owed $900 million, there are two other groups of Genesis creditors being represented by lawyers, CoinDesk has learned.
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The New York Times’ Andrew Ross Sorkin interviewed former FTX CEO Sam Bankman-Fried on Wednesday, Nov. 30, as part of the Times’ DealBook Summit. Here is a rough transcript of that conversation.
Distintas empresas y organizaciones de la región están incorporando tokens no fungibles en la vida cotidiana de los usuarios, lejos de la especulación.
Different companies and organizations are incorporating non-fungible tokens into users' daily lives, not speculating.
El sistema bancario tradicional y la inestabilidad económica dificultan la obtención de créditos en América Latina, pero los préstamos cripto están prosperando en toda la región.
The traditional banking system and economic instability are making it difficult for Latin Americans to get credit, but crypto lending is thriving across the region.