‘We Have to Spend Money Carefully’ – Huobi Confirms Lay Offs Despite Profits

The prolonged bear market hasn’t yet managed to throw one of the leading cryptocurrency exchanges, Huobi, in the negative. However, despite still being profitable, the company is letting people go in an attempt to “spend money carefully.” Huobi Tightens Belt Huobi is a China-based cryptocurrency exchange with around $300 million in daily traded volumes, making […]

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Bitstamp Reportedly Up For Sale to South Korean Gaming Company

Adam James · April 26, 2018 · 9:00 am Bitstamp — a popular Luxembourg-based bitcoin exchange and the oldest bitcoin exchange still standing — is apparently close to finalizing a deal for the sale of the company to a South Korean gaming company. A Major Acquisition The information comes from three unnamed individuals with insider knowledge […]

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