20% of Binance’s new hires this year will be in compliance, says CEO
The company aims to increase its compliance workforce by 200 this year, along with another 800 staff in other departments.
Related Posts


Hive Digital moves HQ to Texas, citing supportive climate under Trump
Bitcoin miner Hive Digital will move its headquarters from Vancouver, Canada, to Texas, saying Donald Trump will make Bitcoin mining great again.

Diamonds Are (Finally) Forever on the Ethereum Blockchain
A company founded by Jacques Voorhees, father of ShapeShift CEO Erik Voorhees, is offering NFTs representing diamonds on the OpenSea marketplace. 1088 Total views 23 Total shares Non fungible tokens (NFT) representing diamonds have made their way to the OpenSea marketplace. In the past, there have been quite a few attempts to tokenize diamonds and other…

App-specific blockchains remain a promising solution for scalability
App-specific blockchains, or appchains, are specifically designed to support the creation and deployment of decentralized applications (DApps). In an appchain, each app runs on its separate blockchain, linked to the main chain. This allows for greater scalability and flexibility, as each app can be customized and optimized for its specific use case.Appchains are also an…

Investigators Bust €6 Million Bitcoin and Gold Fraud Scheme
French, Belgian and Israeli investigators have brought down a scheme that defrauded €6 million ($6.64 million) from French and Belgian citizens, a Jan 29. press release from Europol reads.The fraudsters promised significant returns for the victims’ investment in what appears to have been a Ponzi scheme.The international network of fraudsters was allegedly masterminded by a…

Ukraine: Crypto Miners Arrested for Compromising Nuclear Plant Security
The Security Service of Ukraine (SBU) has arrested power plant operators for mining cryptocurrency in the Yuzhoukrainsk nuclear power plant facility. English-language Ukrainian news site UNIAN reported the details of the arrest on Aug. 21. According to the report, the crypto miners compromised the nuclear facility’s security via their mining setup’s internet connection. Due to the…

OKEx Founder Star Xu Released From Police Questioning, Denies Fraud Charges
Cryptocurrency exchange OKEx founder Star Xu has today, September 12, hit back at allegations of fraud after conflicting reports over why Chinese law enforcement summoned him to a police station for 24 hours Monday.According to multiple local media sources, Xu, also the CEO of OKCoin, had faced problems at his hotel from a group of…

The Bank of Thailand to pilot Retail CBDC by the end of 2022
The Retail CBDC will be tested in a limited retail environment with 10,000 participants and three major banks. 61 Total views 13 Total shares On top of its wholesale central bank digital currency (CBDC) projects and proof-of-concept Retail CBDC testing with corporates, the Bank of Thailand (BOT) will extend the scope of CBDC development aimed…

Georgian vendors get crypto payments option with new partnership
Georgian merchants accept crypto payments through a partnership between Gate Pay and CityPay.io, connecting users to the benefits of crypto services. 214 Total views 2 Total shares Own this piece of history Collect this article as an NFTGate Pay, the cryptocurrency payment service offered by the crypto exchange firm Gate.io, has partnered with CityPay.io, a…