BitOasis, a UAE-based Middle East crypto exchange, said it laid off nine of its staff in the face of a downturn and market turmoil. Contrary, Binance has listed over two dozen openings in the Emirates. Founded in Dubai in 2015, BitOasis serves English and Arabic-speaking customers in the Gulf. “Earlier this week, nine employees were…

Goldman Sachs is reportedly seeking $2 billion in commitments from investors to buy distressed crypto assets of Celsius at steep discounts if the crypto lender goes bankrupt. The Wall Street firm is looking to raise $2 billion from investors to buy up distressed assets from troubled crypto lender Celsius, CoinDesk reported citing two sources familiar…

While the crypto market is a hot mess, leaving many investors struggling to turn a buck, the arbitrageurs enter – Lisa Pauline Mattackal and Medha Singh write for Reuters. Bitcoin and other cryptocurrencies have either been shackled to ranges or in decline since January, leaving your regular buy-and-hold investor with little option but to sell…