Kraken CEO lashes out against some employees for being ‘bad fit’

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Kraken CEO Jesse Powell lashed out on Twitter against some employees for going against the company’s crypto-first culture, saying that around 20 people out of its 3,200 workforce were not fit for the organization. Powell revealed that these employees’ actions have…

Binance CEO says firm is ‘expanding hiring’ despite market crash

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! Binance CEO Changpeng Zhao (CZ) has said that the bear market is a great time for crypto companies to hire more people and increase investments, Bloomberg News reported June 13. He said this during the Consensus conference in Austin, Texas. When asked about…

Coinbase top executives reportedly made over $1B via stock sales

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! A new Wall Street Journal report has revealed that four top officials of Coinbase have cumulatively made over $1 billion by selling the company shares since the exchange went public last year. According to the report, the officials involved in the…

Coinbase to slow hiring and expansion due to market downturn

Coinbase announced today that it will slow its hiring process this year and reassess its headcount as it struggles with the market downturn. Emilie Choi, the president and COO of Coinbase, said that the company wants to focus on other business goals it deems to be of the “highest priority.” Coinbase won’t be tripling its…

Analyst says crypto stocks performance is proof we are in bear market

Crypto analyst Caleb Franzen says that we’re currently in a bear market. The evidence of that is the performance of crypto-related equities, most of which have lost half of their value on the year-to-date metric. Crypto stocks decline Topping the list is MicroStrategy. The business intelligence and software company has the biggest Bitcoin holdings among…

UK thieves targeting phones to steal crypto

Thieves in the U.K. are now mugging digital investors and stealing victims’ phones to access their crypto investments, the Guardian reported, citing London Police. The city of London police informed the newspaper of the rise in tech-savvy crimes to raise awareness and to warn residents to be cautious. Crypto mugging on the rise Several people…

Coinbase’s NFT marketplace is not getting the entry it expected

After opening its NFT marketplace to a selected number of users last month, all Coinbase users will now have access to the platform, according to an announcement released by the firm. IT’S ALL HAPPENING! We’re super excited to announce we’re opening @Coinbase_NFT Beta up to everyone. Go set up your new profile now → https://t.co/yBSzpEo7Ar…

Kraken joins list of centralized exchanges with NFT marketplace

Another leading centralized crypto exchange, Kraken, has thrown its hat into the non-fungible token space with the launch of a waitlist for the beta version of a marketplace for this class of digital assets. Kraken’s NFT marketplace According to the official statement released by the exchange, transactions on the NFT marketplace will incur no gas…

Blockchain.com aiming for IPO in 2022

Leading cryptocurrency exchange, Blockchain.com is aiming to go public via an Initial Public Offering (IPO) potentially before the end of 2022, Bloomberg News reported, citing people familiar with the matter. Blockchain.com’s growth The exchange is currently in the process of interviewing banks for its IPO, which could be delayed to 2023 depending on progress, sources…