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Crypto Markets Today: Bitcoin Holds Steady Near $23K; Gemini’s Job Cuts Continue

FTX’s FTT token was up 8% for the day. Equities closed higher.

In at least its third round of layoffs since June, crypto exchange Gemini is shedding another 10% of its staff, according to an internal message viewed by The Information....
Binance Is Bleeding Assets, $12 Billion Gone In Less Than 60 Days

The outflow of cash from Binance is worse than the CEO Changpeng Zhao indicated last month, and it’s become considerably more severe since then, a Forbes analysis shows.
Binance, the world’s largest cryptocurrency exchange, is struggling to hold onto assets. In the wake of the collapse of rival FTX, investors have been pulling their crypto in recent weeks, and despite assurance from CEO Changpeng Zhao that the situation had stabilized, outflows are accelerating. Customers withdrew a net $360 million on Friday, according to...
Move Your Funds ‘Immediately’—Serious $2.2 Billion Crypto Warning Issued After Sudden Bitcoin And Ethereum Rival Price Crash

BitcoinBTC +3.9%, ethereum and other major cryptocurrencies have cratered this year (though leaks have revealed a $65 billion earthquake could be fast approaching).

Subscribe now to Forbes' CryptoAsset & Blockchain Advisor and successfully navigate the latest bitcoin and crypto market crash...