20% of Binance’s new hires this year will be in compliance, says CEO
22.8.2024
The company aims to increase its compliance workforce by 200 this year, along with another 800 staff in other departments.
Arizona AG Warns Scammers Always Find New Ways to Steal Your Money With Crypto
22.8.2024
Arizona Attorney General Kris Mayes has issued a warning about the rising threat of cryptocurrency scams targeting vulnerable individuals, especially seniors. These scams include fraudulent investment schemes, impersonation of businesses or government entities, and blackmail, exploiting...
Binance Hiring 1000 People as Compliance Expenses Over $200 M
22.8.2024
Binance CEO, Richard Teng revealed that Binance is hiring 1,000 people this year as crypto compliance expenses turns…
Ryan Salame seeks to void guilty plea, says fed didn’t keep promise
22.8.2024
The government has reneged on its agreement to stop investigating his partner, claims former FTX executive Ryan Salame.
Lack of Cohesion Hinders AI Adoption in Africa, NEPAD Boss Says
22.8.2024
Nardos Bekele, CEO of NEPAD, believes AI can significantly benefit Africa by addressing various challenges and accelerating progress towards Agenda 2063. Although AI offers potential improvements in sectors like health, education, and agriculture, challenges such as fragmented digital...
Trader turns $1K into $750K trading Tron memecoin SunWukong
22.8.2024
The anonymous trader’s Sun Wukong holdings surged to $750,000 at its peak, but he hasn’t sold a single token yet.
Bitcoin volatility ‘ramping up’ above ATH levels as price retests $62K
22.8.2024
Bitcoin’s volatility is now higher than it was on the day of its all-time high in March, with traders suggesting this could signal the end of the “massive consolidation.”
Probability of Fed Cutting Rates by 50 bp in Sept is 32.5%: FedWatch Tool
22.8.2024
The probability of Fed cutting interest rates by 50 basis point in Sept is 32.5% after the probability…
Miami Heat star, ‘Bitboy’ agree to cough up $340K to settle Binance promo suit
22.8.2024
Pro basketballer Jimmy Butler and crypto influencer Ben Armstrong are looking to settle claims in a Binance-related class lawsuit while denying any wrongdoing
QR Code Scams: TN Attorney General Issues Warning
22.8.2024
The Tennessee Attorney General’s Office has issued a QR code scam alert, warning consumers about fraudulent QR codes used in various scams, including fake cryptocurrency investments. Consumers are urged to verify sources, check codes for tampering, and use secure scanner apps. Tennessee...
Devere CEO Advises Shifting Away From US Assets as Dollar Weakens
22.8.2024
Nigel Green, CEO of financial advisory and investment management firm Devere Group, has advised investors to reassess portfolios due to the U.S. dollar’s significant drop, which signals a potential shift in market dynamics. The dollar’s decline could present both challenges...
Kamala Harris Will Support Policies to Expand Crypto Industry: Aide Reveals
22.8.2024
Vice President Kamala Harris will support policies to expand the crypto industry, a close policy aide has revealed.…