Crypto Lender Amber Mulls Potential Sale of Japan Subsidiary
Crypto lender Amber Group is weighing options for its Japan unit, including a possible sale, and plans to apply for a Hong Kong license following the city’s pivot toward creating a digital-asset hub.
Amber Group's Ex-U.S. CEO Raazi Joins EDG, a Digital-Asset Structured Product Firm
Enhanced Digital Group(EDG), which is helping bring popular traditional finance (TradFi) instruments known as structured products to crypto, has hired a prominent former TradFi executive as head of U.S. strategy.
Amber Group Transfers 2.41 Million ARB Worth $3.34 Million to Binance
Yesterday, Amber Group transferred 2.41 million ARB to Binance, as reported by Spot on Chain. The transaction was worth approximately $3.34 million, based on the price of ARB at the time, which was $1.37.
Amber Group Transfers 11.2M ARB Tokens, OKX and Binance Receive 7.3M
According to Lookonchain, two addresses associated with Amber Group transferred 11.2 million ARB tokens (approximately $15.8 million) today, with 7.3 million ARBs (approximately $10.3 million) being sent to OKX and Binance.
BitMart Partners With Amber Group to Unlock Global Liquidity and Expand Institutional Trading
BitMart, the premium global digital asset trading platform, announced today that it would enter into a partnership with Amber Group, a leading market maker, to unlock global liquidity and further support institutional adoption of digital asset trading.
NFEX Raises $3M Seed Round To Build NFT Derivatives DEX
NFEX has completed a $3 Million seed round led by ABCDE Capital and included investment from other well-known institutions including Amber Group and Firestone Ventures.
ConsenSys and Amber Group Join List of Companies Dismissing Employees
ConsenSys – a blockchain software technology company – and Amber Group – a cryptocurrency platform based in Singapore – are the latest entities in the digital asset sector to announce staff layoffs.
Singapore-based Crypto Unicorn Amber Group Slashes Hong Kong Workforce, SCMP Reports
Singapore-based digital asset manager Amber Group has cut its Hong Kong staff by half to 40, shedding jobs in risk management, audit and compliance, to try and weather a slump in cryptocurrency prices and a cascade of bankruptcies in the industry, according to a report by the South China Morning Post on Wednesday that cited a person familiar with the developments. The SCMP report said Amber had cut its compliance workforce in Hong Kong to five from 20 people and made their entire auditing team redundant. It did not mention the Singapore headquarter operations or the total number of staff at Amber. (forkast)
Cryptocurrency Firm Amber Scrambles To Cut Costs As Industry Battles Shock Waves Created by FTX Collapse
Crypto unicorn Amber Group is slashing costs and jobs across the board, halving its total staff size in Hong Kong to 40 by cutting support jobs including IT, risk management, audit and compliance, a source said, as the firm scrambles to survive a cryptocurrency market meltdown.
Amber Group Has Completed a $300M Series-C Round, Led by Fenbushi Capital US
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