Swyftx

Australia-based cryptocurrency exchange Swyftx has been compelled to renege on a planned 1.5 billion Australian dollar ($1 billion) merger deal with superannuation fund platform Superhero, The Australian Financial Review reported on Tuesday. The transaction was first disclosed in June by both...

Major exchanges Bybit and Australia-based Swyftx have laid off a third of their workforces, just a week after Kraken announced job cuts, amid a deepening crypto winter. Ben Zhou, co-founder, and CEO of Bybit unveiled a reorganization plan that calls for a significant reduction in the company's...