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Crypto Exchange
Binance Labs Raises $500M Fund for Web 3 Investments
Binance Labs, the venture capital arm of crypto exchange Binance, has raised $500 million for a fund investing in Web 3 and blockchain companies. This comes as Forbes confirmed it’s no longer going public via SPAC after Binance invested $200 million in the publisher earlier this year.

FTX.US’ Harrison Isn’t Afraid of Competition from Traditional Exchanges
Brett Harrison, President of FTX.US, joined CoinDesk at the World Economic Forum in Davos to discuss whether crypto exchanges should act as a gatekeeper for the listing of crypto assets and future market dynamics as more institutional investors enter the space.

Ang Coinbase ay May 'Structural Advantage' Sa Mga Kakumpitensya, Sabi ni Cowen Analyst
Binigyan ni Stephen Glagola ang Crypto exchange ng outperform rating at $85 na target ng presyo.

Ang Argentinian Crypto Exchange Buenbit ay Nagbawas ng 45% ng Staff Dahil sa Pagbaba ng Tech Industry
Ang kumpanya ay tututuon sa mga kasalukuyang operasyon nito sa Argentina, Mexico at Peru, at i-freeze ang mga nakaraang plano upang palawakin sa ibang mga bansa.

Coinbase Becomes First Crypto Firm to Join Fortune 500 List
Crypto exchange Coinbase has entered the Fortune 500, a ranking of the biggest U.S. companies by revenue, becoming the first cryptocurrency company to join the list. “The Hash” panel discusses why this is a watershed moment for the crypto industry.

FTX US Debuts Stock Trading in Push for Bigger Slice of US Retail Pie
FTX.US, the Chicago post of Sam Bankman-Fried’s trading empire, said it will begin testing stock trading functionality for a handful of U.S. users. “The Hash” panel discusses FTX’s push into the traditional finance ecosystem and why we could expect to see more crypto exchanges follow suit.

Nais ng Biden Administration na Paghiwalayin ang Mga Crypto Exchange sa Mga Pondo ng Customer at Corporate
Nakita ng mga opisyal ng pederal ang pag-amin ng Coinbase tungkol sa kahinaan ng mga customer sa isang bangkarota at tatawag ng aksyon sa kongreso upang paghiwalayin ang mga pondo ng mga kliyente, sabi ng source.

US Agencies Warn of Attempts by North Koreans to Get IT Jobs
Three U.S. government agencies warned on Monday that some North Korean IT workers were trying to secure jobs while concealing their nationalities. CoinDesk’s Nikhilesh De discusses what we know so far and what this means for crypto.

Mara CEO on Raising $23M to Spread Crypto Adoption Across Africa
Pan-African centralized crypto exchange Mara raised $23 million in a funding round led by Coinbase Ventures, Alameda Research and others to boost crypto adoption across Africa. CEO Chi Nnandi shares his insights into the raise, discussing the benefits and hurdles for crypto integration in Africa.

Coinbase Shares Plunge as Weak Earnings Prompt Near-Term Caution
Shares of Coinbase Global (COIN) tumbled nearly 25% Wednesday after the crypto exchange reported disappointing first-quarter earnings. Still, CEO Brian Armstrong tweeted his company is in no danger of bankruptcy, and that its latest SEC filing is simply a requirement. “The Hash” hosts discuss the outlook for Coinbase amid a sour mood in the markets.
