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.
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3 Reasons Why DeFi Tokens Are Outperforming Bitcoin Price
Decentralized Finance (DeFi) has been a rapidly growing sector in the crypto space and although the volume of the DeFi ecosystem yet to surpass that of the general crypto market, the new way of lending and saving has garnered positive media coverage and “praise”. DeFi shows great promise and the market is starting to reflect this,…

Crypto Lending, Explained
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IMF working paper proposes country-level assessment matrix for crypto risks
The matrix aims to identify potential risks associated with the crypto space and policy responses for regulators. 68 Total views 3 Total shares A working paper published by the International Monetary Fund (IMF) has proposed a country-level risk assessment matrix that aims to summarize vulnerabilities and potential policy responses for the crypto sector. On Sept. 29

Bank of America’s Blockchain Foray: Patent Trolling or Hedging Risks?
Earlier this week, Bank of America (BofA), one the United States’ largest financial institutions, made a massive splash in the crypto sphere as the details of its recently registered patent, entitled “Real-Time Net Settlement by Distributed Ledger System” and citing the Ripple blockchain, emerged in the press. Even though the extent and exact character of the proposed…

LHV Bank founder has $470M worth of Ether, but lost his private key
Rain Lõhmus, the founder of LHV Bank told Estonian media last month he’s not made much effort to recover the funds, but is willing to pay someone who can. 534 Total views 6 Total shares The founder of Estonia-based LHV Bank, Rain Lõhmus, has been revealed as the owner of a massive 250,000 Ether (ETH)

Ethereum ICO-era whale address transfer 145,000 ETH weeks before the Merge
The high amount of ETH transfers just a month prior to the Merge generated community curiosity, with some claiming it to be a dump while others believe it could be done for staking. 2297 Total views 26 Total shares An Ethereum (ETH) whale wallet that participated in the Genesis Initial Coin Offering (ICO) and obtained…

Exchange Activity Explodes Following Bitcoin’s $10K Breakout
On-chain exchange activity exploded during Bitcoin’s recent breakout, seemingly confirming the legitimacy of the price momentum. 3713 Total views 10 Total shares Bitcoin’s (BTC) recent breakout was accompanied by a massive spike in on-chain exchange volume activity, according to data from Glassnode.On-Chain exchange activity. Source: Glassnode.Unlike regular trading volume that is often artificially inflated by…

Former Steem Witness: ‘I Received Direct Threats From a Hive User’
A former Steem witness, who is also a prominent member of Korea’s crypto community, spoke to Cointelegraph and shared proof that he received death threats from a Hive user ahead of Steem’s 0.23 hard fork.The former witness, who has requested to remain anonymous, told Cointelegraph that he stepped down shortly before the 0.23 hard fork…