Tag: Binance

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Crypto Exchanges Backing Away from Sports Spending as Crunch Continues

  Crypto firms are reportedly scaling back their spending on sports-related advertising and sponsorship as winter continues to bite in the markets. Many crypto companies – including Crypto.com and Coinbase – have responded to a sharp drop in crypto prices and trading volumes by announcing they will cut the size of their workforces…. Read More:…
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Binance Suspends Direct Deposits and Withdrawals in Brazil

Binance announced this week that the direct withdrawal and deposits were suspended in Brazil. The exchange issued a statement where it announced that this was the result of a change in the payments partner in the country and that it will be taking legal steps against it. However, the partner states that Binance did not…
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Crypto’s uses and misuses: Binance–Reuters quarrel raises questions

Does the struggle between Binance and Reuters, both heavyweights in their respective industries, have broader implications for the crypto sector? Crypto exchange Binance has courted controversy almost since its 2017 beginnings, and five years later, the dustups continue. On June 6, the United States Securities and Exchange Commission was reported to be investigating whether Binance…
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Bear market no issue for Binance Labs’ DeFi incubation program

Binance Labs’ parent firm Binance is also looking to hire 2,000 employees amid the latest market decline as the firm sees bear markets as a “great time to bring on top talent.” Binance Labs, the venture capital and incubation arm of the Binance cryptocurrency exchange, continues its business as usual despite the ongoing bear market.…
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Three Arrows Keep Hurting Crypto Market, Circle’s Euro Coin in US, Samsung’s Wallet + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Three Arrows Keep Hurting Crypto Market, Circle’s Euro Coin in US, Samsung’s Wallet + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Kazakhstan to let crypto exchanges open bank accounts

Exchange platforms will get an opportunity to operate legally in Astana international finance center in 2022. In addition to its swift advances toward regulating crypto mining, Kazakhstan will launch a pilot project for crypto exchanges in the special economic zone of Astana International Finance Centre.  The Ministry of Digital Development, Innovations and Aerospace Industry of…
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Kraken To Kick Off ‘Global Hiring Push’ Despite Bearish Market

  While some major crypto industry players are reacting to the recent market downturn with layoffs and/or freezing their hiring plans, major crypto exchange Kraken is unveiling a global hiring push with hundreds of available jobs across the world – declaring that it’s not planning to fire its employees. The company said in a statement…
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Binance CEO plans to leverage crypto winter

The boss of the world’s largest crypto exchange said we’ve been through this before as a community. Binance CEO, Changpeng Zhao, commonly known as “CZ,” said in a recent interview that a potential crypto winter is good for business. When asked how Binance will fare during the current crypto winter following reports of recruitment freezes…
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Jack Dorsey’s Bitcoin Lightning Network Plan, Pre-Crash Crypto Enthusiasm, Cryptopia’s Liquidator Sells DOGE + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Jack Dorsey’s Bitcoin Lightning Network Plan, Pre-Crash Crypto Enthusiasm, Cryptopia’s Liquidator Sells DOGE + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Binance Shares What Caused Backlog on Bitcoin Network, Resumes BTC Withdrawals

  Major crypto exchange Binance has shared that they had been repairing “minor hardware failures” yesterday, which resulted in “a stuck transaction”, which then caused a backlog on the Bitcoin (BTC) network and led to the company pausing BTC withdrawals for about three hours…. Read More: Binance Shares What Caused Backlog on Bitcoin Network, Resumes…
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