Tag: crypto

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Crypto Companies Continue Layoffs, Downsizing way into Jan 2023

In a sea of tech layoffs, Crypto companies are also feeling the heat this far into January 2023. At least 14 crypto firms have announced layoffs, with over 3,000 employees jobless as the industry peeks out of crypto winter. Some of these companies include Coinbase, Gemini...

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Eventus, a provider of multi-asset class trade surveillance and market risk solutions, announced today that cryptocurrency derivatives exchange Deribit has chosen the firm’s Validus platform to provide market abuse monitoring on the exchange. Headquartered in Panama City, Panama, Deribit is one of the largest cryptocurrency options exchanges by volume and open interest...

Ferrari cuts ties with crypto sponsor ahead of 2023 Formula One season

The Ferrari-Velas partnership from 2021 — set at $30 million a year — was aimed at increasing fan engagement through nonfungible tokens (NFTs) and other shared initiatives...