Exchanges
Binance has quietly laid off 1,000 or more employees in recent weeks; may slash workforce by up to 30%: WSJ
The exchange had roughly 8,000 employees around the globe before the layoffs began a few weeks ago.
Assad Jafri 3 min read
Featured News
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Legal
Alex Mashinsky out on $40M bail; ‘vehemently’ denies fraud charges
Mashinsky's lawyer Jonathan Ohring said his client "vehemently" denies all charges and intends to "vigorously" fight them in court.
Adoption
Larry Fink unpacks BlackRock’s approach to crypto, saying it can “transcend any one currency”
The BlackRock CEO said on CNBC that crypto has "a differentiating value versus other asset classes," while being careful to avoid mention of Bitcoin.
Latest Featured News & Analysis
Technology
Sui Network hits 1M active addresses within two months of launch
SUI price has mostly traded below $1 since its launch in May.
Analysis
Crypto markets are booming after historic XRP ruling; BTC and ETH both break critical barriers at 31k and 2k
The total crypto market has grown by over 6% over the past 24 hours.
Exchanges
Binance appoints new general counsel amid intensifying legal troubles
Eleanor Hughes takes on the role a week after it was vacated by Han Ng amid increased regulatory scrutiny.
Taxes
IRS investigating American crypto exodus to Puerto Rico
U.S. tax authorities are working to sort out those who are taking advantage of Puerto Rico's forgiving investment tax laws legally and those gaming the system in bad faith.
Crime
Crypto crime is down 65% in 2023, though ransomware is still prevalent
Illicit inflows are down across every category of crypto-crime, except ransomware, which is already trailing numbers seen during the 2021 bull run.
Exchanges
CZ denies rumors senior Binance executives resigning due to ongoing regulatory challenges
At least three executives from the company's legal and compliance teams are set to depart.
More Featured News Headlines
Adoption
BlackRock CEO Larry Fink likens crypto to ‘digitizing gold’; praises Bitcoin as an ‘international asset’
Regulation
Bitwage halts USDC payments for US residents, cites ‘strict regulations’
Regulation
Valkyrie’s spot-Bitcoin ETF application has been refiled with Coinbase named as surveillance partner
Analysis
