Binance US CEO Brian Shroder has announced his resignation amid a wave of layoffs. The company is slashing its workforce by a third, letting go of 100 employees. Brian Shroder’s departure marks the third CEO change for Binance US since
In the wake of a hack that saw Ethereum co-founder Vitalik Buterin lose $700,000 worth of crypto assets, Binance CEO Changpeng Zhao (CZ) has sounded the alarm on the necessity of robust security measures. Changpeng Zhao specifically endorsed hardware-based Two-Factor
OpenSea volume during the second month of Q3 was the lowest it has recorded in the past two years, and the new low has reduced its standing in the ranks of the largest NFT marketplaces in the sector. OpenSea, a
The Middle East has always acted as a friend of the crypto industry, and one more country is making headlines this time by investing $1.1 billion in Bitcoin mining. H.E. Sheikh Mansour Bin Taleb Bin Ali Al Hinai, Chairman of
Cryptocurrency exchange Bitstamp is set to cease Ethereum staking offerings for its American clientele starting September 25, 2023. As other regions like the European Union embrace clearer crypto regulations, US investors and exchanges are left navigating a murky scene. According
In a significant move signalling the United Arab Emirates’ growing acceptance of digital currencies and their associated innovations, Komainu, a joint venture of Nomura, CoinShares, and Ledger, has been granted a full operating license by the Virtual Asset Regulatory Authority
Elon Musk announced that Twitter, now known as X, is removing the ability for users to block unwanted followers on the social media platform. However, the X owner said people will still be able to prevent other users from contacting
Tether (USDT), Dai (DAI), and RAI stablecoins will no longer be available for trade on Coinbase’s Canadian platform as of August 31 due to legislative changes in the country. The company emailed customers on August 17 to inform them of
Binance has filed for a protective court order against the US Securities and Exchange Commission (SEC) in response to what it calls “overbroad” and “unduly burdensome” requests for communications and deposition testimony from its executives. According to Reuters, the exchange
The Securities and Exchange Commission’s (SEC) lawsuit against Coinbase has rattled the US crypto landscape. However, the firm’s motion to dismiss has gained high-profile support. Senator Cynthia Lummis recently filed an amicus brief siding with the crypto exchange. Coinbase, a
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