Binance Fires Non-performers
Crypto exchange Binance has had to lay off a portion of its 8,000-strong workforce as its market share diminishes and overall trading volumes decline.
Former Coinone Employee Pleads Guilty to Bribery Charges
Jung, formerly employed by South Korean crypto exchange Coinone, pled guilty to taking a bribe, according to lawyers from Yonhap. In 2020, broker Hwang Mo allegedly gave Jung 2 billion won ($1.51 million) to list certain digital assets on the platform. When authorities detained other Coinone workers in April 2023, the ‘Furier Coin’ cryptocurrency, which was traded only on Coinone, […]
Binance’s Joint Venture Receives a License in Thailand
Gulf Binance, a joint venture between crypto exchange Binance and Gulf Innova Co., has recently been granted a digital asset operator license from the Thai Ministry of Finance.
Ethereum Exchange Balances Almost in Record Lows: Report
The trend of Ethereum diminishing from the total supply on centralized platforms, which Glassnode quantifies as 14.85%, is the lowest it’s been since July 2016.
Gemini to Open Second Headquarters in Ireland
Crypto exchange Gemini has decided to establish a second headquarters in Dublin, Ireland.
Binance Temporarily Suspends Deposits for 10 Tokens Due to Issue with Multichain
Binance has suspended deposits for 10 tokens due to ongoing issues with the Multichain bridge project.
Ripple President Explains Reasons for Purchasing Stake in Bitstamp
The company’s recent acquisition of an undisclosed stake in European cryptocurrency platform Bitstamp is a step towards international expansion and diversification beyond payments.
