Crypto news

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Popular digital currency exchange Kraken has announced it is closing its Japan branch this month and laying off all its employees in the Land of the Rising Sun. Kraken Is Stepping Away from Japan The Japanese division of Kraken is called Payward Asia. In a recent blog post, the company mentioned that it’s going to be ceasing all its crypto trading services as of January 31, 2023. This will mark the second time Kraken has left the Japanese market, the first taking place...

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After the excessive turmoil in the crypto market triggered by the FTX liquidity and bankruptcy scandal, several crypto service providers began publishing their reserve funds. Popular crypto exchange OKX released its third Proof-of-Reserves (PoR), in which it revealed holding “clean assets” worth $7.5 billion in BTC, ETH, and USDT. In a statement, OKX’s Chief Marketing Officer Haider Rafique said, “Security, transparency, and trust are core tenets of the OKX business process...

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Als einer der jüngsten Neobanken versucht Yuh die Finanzszene umzukrempeln. Revolut und WISE als Vorbild? Seit dem Frühjahr 2021 besteht das Joint Venture aus Swissquote und der Postfinance. Als schlankes Start-up war es den Gründern wichtig, agil, aber trotzdem mit Unterstützung der Mutterkonzerne zu agieren. Die Risikofreudigkeit zahlt sich aus: In 580 Tagen konnte Yuh rund 100’000 Kunden gewinnen. Grund hierfür war auch die Tatsache, dass man...

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