Gemini reducing staff by 10% to survive ‘crypto winter’
This is the first time the exchange has made job cuts since it was founded in 2014.
Read crypto exchange news, listing updates, security incidents, trading volume shifts, and platform strategy across global markets.
FatManTerra has been shining a light on some dark areas of the Terra ecosystem, which has prompted Binance to launch an investigation into some of the allegations.
FTX and Ripple said they are large enough to buy other firms to drive their growth.
Binance plans to list LUNA 2.0 as soon as the airdrop of tokens is distributed to users on May 31 and the price of LUNA is running up ahead of the event.
LUNA 2.0 began trading today and reached $30 per token before plunging 80% to just $5.30.
One of Coinbase co-founders has sold close to $500 million of his shares of the company.
Among the proposals is a requirement for crypto firms to have a minimum capital of 100 million liras (roughly $6 million).