Crypto jobs in UAE: BitOasis cuts its staff, while Binance hires dozens
    26 Jun 2022

    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 reportedly raising $2 billion to buy Celsius assets
    26 Jun 2022

    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…

    The arbitrage funds making money from messy crypto markets

    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…