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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Russian Parliament Considers Imposing Fines on Crypto Mining by End of June
Russia’s parliament, the State Duma, is considering imposing administrative responsibility for the mining of cryptocurrencies, local news outlet TASS reported on June 7.In an interview with TASS, Anatoly Aksakov, the chairman of the State Duma Committee on the Financial Market, said that the government may introduce administrative responsibility for digital currency mining by the end…

Huobi Lira Onramp to Enable Crypto Trading for Turkish Users
Singapore-based crypto exchange Huobi will launch a fiat gateway for the Turkish lira in late 2019.Huobi’s fiat onramp for lira will be the first fiat gateway launched by a global exchange, Huobi Global claimed during the opening event at the Eurasia Blockchain Summit on Oct. 18.During the inaugural event hosted by Huobi Global, the company…

Bitcoin Falls Under $4,000 as United States Oil Rises
Tuesday, March 26 — most of the top 20 cryptocurrencies are reporting slight losses on the day by press time, as Bitcoin (BTC) has fallen under $4,000 again.Market Visualization Courtesy of Coin360Bitcoin is down over a percent on the day, trading at around $3,967, according to CoinMarketCap. Looking at its weekly chart, the current price…

Toyota to explore blockchain use cases via DAO hackathon
The automotive giant is exploring DAO tools and blockchain integration to improve company operations. 79 Total views 1 Total shares Own this piece of history Collect this article as an NFTAutomotive giant Toyota is delving deeper into blockchain use cases through its involvement with a Web3 hackathon for decentralized autonomous organization (DAO) developers.On Feb. 1,…

SEC enforcement chief Grewal to step down
The end of his tenure, marked by aggressive cryptocurrency enforcement, could signal a change in the agency’s approach to crypto.

Wikipedia co-founder says Bitcoin doesn’t work, BTC community claps back
BTC proponents argued to Jimmy Wales that banks might work, but they’re not available to everyone and that storing BTC personally and storing fiat via banks are two different things. Wikipedia co-founder Jimmy Wales took to X (formerly Twitter) on Dec. 11 to take a potshot at Bitcoin, crowing that while many users have lost

GameFi apps revived interest in blockchain gaming: Huobi Research
GameFi initiatives have seen a steep increase since June 2021, owing to a sizable reduction in transaction costs and improved user experience. 632 Total views 7 Total shares Crypto exchange Huobi’s research arm, Huobi Research, has identified a rising interest in blockchain gaming as a direct impact from GameFi initiatives. GameFi implies the use of…

UNI tokens delegation was a ‘misunderstood situation,’ according to Binance’s CZ
CZ replied to users on Twitter about Binance's becoming the second-largest voting entity in the Uniswap DAO. 197 Total views 4 Total shares The millions of UNI (UNI) tokens delegated by Binance were a "misunderstood situation," said Binance CEO Changpeng “CZ” Zhao in a Twitter post, in response to questions about 13.2 million UNI tokens…