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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Two firms account for the majority of Tether received: Report
A new study by Protos claims that Tether flow is dominated by just two firms, Alameda Research and Cumberland. 387 Total views 12 Total shares Tether (USDT) has gone from being a renegade cryptocurrency to becoming the industry's primary crutch during the last seven years, according to a new report. Essentially, USDT is a bridge between…

Philippine Cryptocurrency Regulator Accused of Misappropriating Millions
Raul Lambino, the administrator of the Cagayan Economic Zone Authority (CEZA) — the special economic zone that licenses cryptocurrency exchanges operating in the Philippines — has come under fire for allegations of corruption.On Feb. 20, The Manila Times published a story citing purportedly leaked from the Philippine National Intelligence Coordinating Agency (NICA). The outlet claims…

ApeCoin (APE) hits a new all-time high ahead of this week’s Otherside land auction
APE price continues to hit new all-time highs as BAYC, MAYC and NFT investors prepare for the highly anticipated Otherside land auction. 238 Total views 36 Total shares The nonfungible token (NFT) and Metaverse sectors have been the bright spots in an otherwise sideways crypto market in 2022 and proof of this comes as APE…

Senior Software Developer at Ripple Quits After 6.5 Years to Focus on Coil
Evan Schwartz, senior software developer at major crypto firm Ripple announced that he is leaving the cryptocurrency company after six and a half years.On Jan 2, the software engineer took to Twitter to announce that after working 2,328 days at the blockchain giant, today will be his last. Schwartz tweeted:“After 2328 days, or just under…

3 Reasons Bitcoin Is Turning Into a Global Safe Haven for Investors
China’s recent currency devaluation seems in line with similar policies taking place across the globe. Let’s take a look why Bitcoin price is rising as a result and why investors are increasingly considering taking shelter in Bitcoin — a neutral and borderless network for storing and transferring value — alongside traditional safe haven assets.Every fiat…

Bitcoin sats the ‘most valuable digital canvas ever’ — Ordinals artist
Bitcoin artist “Nuro” recently inscribed his 3D neurogenerative artwork on a $2 million “epic sat” from the latest Bitcoin halving.

Regulatory clarity for crypto would take 3 to 5 years, FTX CEO says
FTX CEO Sam Bankman-Fried expects governments to have a clearer stance in the next three to five years and wishes to become a part of the discussions with the regulators “to build out this regime.” 393 Total views 4 Total shares Running a successful crypto business requires close attention to the cloud of regulatory changes…

Hong Kong advances CBDC pilot, bringing e-HKD trials to Phase 2
e-HKD Phase 1 trial was dedicated to full-fledged payments, programmable payments, offline payments, tokenized deposits, settlement of Web3 transactions and settlement of tokenized assets. 197 Total views 1 Total shares The Hong Kong Monetary Authority (HKMA) is gearing up for the second phase of the e-HKD (e-Hong Kong dollar) pilot program as it announced the