Binance to Allocate 20% of New Hires to Compliance, Says CEO
Binance plans to hire 1,000 new staff this year, with 20% focused on compliance, as regulatory spending tops $200 million. According to reports, Binance, the largest cryptocurrency exchange in the world, intends to increase its workforce by 1,000 this year. Compliance will comprise at least 20% of the new employees. The company’s annual expenditure on […]
Lawsuit Labels Binance a ‘Crypto-Wash Empire’ Over Money Laundering
Binance and former CEO Changpeng Zhao face a class-action lawsuit in Seattle, alleging consumer harm from the exchange’s money laundering activities. The suit claims they prioritized profits by enabling illicit actors to launder funds. In a Seattle Federal court, a new class-action lawsuit has been filed against Binance and its former CEO, Changpeng Zhao, for […]
Binance Exchange Lists $DOGS As 57th Launchpool Project
Binance Exchange added Dogs ($DOGS) to the 57th launch pool project and announced four token trading pairs on August 26. Binance Exchange has designated Dogs (DOGS) as the 57th initiative in its launch pool. The digital asset exchange will initially list the Ton-based meme coin within the Telegram community, with transactions anticipated to commence on […]
Binance Labs Invests in Bitcoin Yield Network Corn
Binance Labs announced today that it has made a major investment in Corn, a network focused on generating Bitcoin yield. Binance Labs, Binance’s venture capital and incubation arm, has once again made headlines with its investment in the Bitcoin yield-generating network Corn. The crypto exchange officially announced the investment today, although the specific amount invested […]
Voxies (VOXEL) Soars 75% on Binance Futures Listing
The new futures contracts, offering up to 50x leverage, drove Voxies’ price up by 75% to $0.2446. Binance, one of the most prominent cryptocurrency exchanges in the world, made big news today about Voxies (VOXEL), the native utility token of Voxie Tactics. The cryptocurrency exchange has now made futures trading for the coin available, according […]