News
Crypto exchange Coinbase (COIN) has said it is planning to reduce its workforce by around 950 employees as part of a restructuring that it plans to complete by the end of the second quarter. According to statistics on the companies website, this figure would amount to around 20% of Coinbase&
News
Cryptocurrency lending protocol Celsius Network has allegedly sought the aid of an attorney from Kirkland & Ellis LLP to guide it through its reorganization choices. The company was enlisted to have helped Voyager Digitals with its liquidity challenges in the previous week. A Wall Street Journal July 10th report revealed
News
Following a Monday statement by Celsius about pausing withdrawals as well as swaps and other transfer activities due to “extreme market conditions”, the company has reportedly contacted legal advisers to help in its reorganization. The Wall Street Journal revealed on Wednesday that crypto loaning company Celsius has taken a step