Regulation
Binance.US cuts one-third of workforce; CEO Brian Shroder steps down
The U.S. affiliate of the world’s largest cryptocurrency exchange Binance has laid off one-third of its staff, or more than 100 employees.
Danny Park
Lens
Regulation
The U.S. affiliate of the world’s largest cryptocurrency exchange Binance has laid off one-third of its staff, or more than 100 employees.
Danny Park
Bitcoin News
Bitcoin edged lower on Tuesday morning in Asia to trade below US$26,000. Ether dipped to near the US$1,600 mark.
Tom Zuo
Bitcoin News
Bitcoin and other major cryptocurrencies face headwinds on the first trading day of the week in Asia following the U.S. central bank’s Jackson Hole Symposium remarks, while Tron bucks the trend with modest gains.
Pradipta Mukherjee
Regulation
Binance, the world’s largest crypto exchange, has removed sanctioned Russian banks from its P2P trading service, the Wall Street Journal reported on Friday.
Tom Zuo
Regulation
Mastercard and cryptocurrency exchange Binance will end their crypto debit card program in Argentina, Brazil, Columbia and Bahrain from Sep. 22.
Pradipta Mukherjee
Altcoins
Bitcoin recaptured the US$26,000 mark today, while Solana fell to a six-week low. BNB was the biggest gainer in the top 10, despite allegations against Binance resurfacing.
Zoltan Vardai
Regulation
Binance continues to help a significant amount of Russian funds move abroad through crypto transactions, according to The Journal.
Danny Park
Bitcoin News
Bitcoin holds its ground above US$26,000, but the top 10 cryptocurrencies see a dip. BNB remains subdued as Binance's payment partner woes intensify.
Zoltan Vardai
Bitcoin News
Bitcoin fell over 10% this week and dipped to a two-month low following Evergrande’s bankruptcy filing.
Zoltan Vardai
Regulation
Binance will shut down its cryptocurrency payment service Binance Connect on Aug. 16, a Binance spokesperson confirmed.
Tom Zuo