Investing in cryptocurrencies has been gaining popularity over the past few years. And if you’re ready to add digital assets to your portfolio, using a cryptocurrency exchange is one of the easiest and safest ways to get started. But there is a wide variety between the best cryptocurrency exchanges. Some exchanges are great for beginners,...
Exchange
The Net Loss of the Coinbase Crypto Exchange in 2022 Exceeded $2.6 Billion
According to the financial results report published on February 21 for the fourth quarter of last year, the largest American crypto exchange Coinbase recorded a net loss of $ 557 million, and for the whole year — $2.625 billion. For comparison, in 2021, Coinbase’s net profit amounted to $840 million and $3.624 billion, respectively. According...
Crypto Exchanges Begin to Provide Assistance to Earthquake-Affected Turkey
Leading crypto platforms began to send funds to help Turkey, which suffered from a devastating earthquake. Binance, OKX, Gate.io, Huobi, Bybit, Bitget and other crypto exchanges have already announced the allocation of financial assistance. Binance has announced that it will be distributing $100 worth of BNB tokens to all users who live in the regions...
Ex-FTX.US Head Raises USD 5M for Crypto Trading Infra Startup Architect
Brett Harrison, former president of FTX.US, has raised USD 5 million for Architect, a new crypto startup that will build trading software targeted at large investors and institutions, according to a Bloomberg report. It has been almost four months since Brett Harrison stepped down as president of FTX.US, the US arm of the now bankrupt...