PYMNTS-MonitorEdge-May-2024

CoinFLEX

Crypto Exchange CoinFlex Seeks Restructuring, Cuts Staff, Costs up to 60%
Crypto Exchange CoinFlex Seeks Restructuring, Cuts Staff, Costs up to 60%
August 09, 2022  |  Cryptocurrency

CoinFLEX has announced its plans for restructuring in the wake of legal troubles, halted withdrawals and money losses, a company blog post said. The company...

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Today in Crypto: UK Think Tank Calls for Global Rules on CBDC; Celsius Hires New Restructuring Lawyers
Today in Crypto: UK Think Tank Calls for Global Rules on CBDC; Celsius Hires New...
July 10, 2022  |  Cryptocurrency

As part of its ongoing investigation, India’s Directorate of Enforcement (ED) is looking into more details regarding foreign exchange violations from crypto firms, according to...

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Today in Crypto: OneCoin Founder Ruja Ignatova Added to FBI’s Most Wanted List; Report: FTX Nears Deal to Acquire BlockFi
Today in Crypto: OneCoin Founder Ruja Ignatova Added to FBI’s Most Wanted List; Report: FTX...
June 30, 2022  |  Cryptocurrency

The founder of OneCoin, Ruja Ignatova, is now on the FBI’s Ten Most Wanted list after she allegedly defrauded over $4 billion from investors, CoinDesk...

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Can DeFi Survive If Sky-High Returns Are a Thing of the Past?
Can DeFi Survive If Sky-High Returns Are a Thing of the Past?
June 28, 2022  |  Cryptocurrency

Decentralized finance (DeFi) entered the public consciousness in 2021 by offering both small and large crypto owners sky-high interest rates for what was often described...

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Today in Crypto: CoinFLEX Stops Investor Withdrawals; Brussels Hosts Blockchain Week
Today in Crypto: CoinFLEX Stops Investor Withdrawals; Brussels Hosts Blockchain Week
June 23, 2022  |  Cryptocurrency

Peter Kerstens, a European Union policy advisor, has said the crypto market troubles could be seen as dissuading, or evidence of a giant Ponzi scheme,...

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Bitcoin Daily: CoinFLEX Takes Bets On Libra Launch; Germany’s Finance Minister Speaks Out Against Private Currency
Bitcoin Daily: CoinFLEX Takes Bets On Libra Launch; Germany’s Finance Minister Speaks Out Against Private...
October 08, 2019  |  Bitcoin

Despite the fact that Facebook’s planned cryptocurrency, Libra, has been under intense scrutiny, one crypto-futures exchange is planning for its future. CoinFLEX, which launched earlier...

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