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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Aussies lost $122 million to crypto scams in the last 12 months: AFP
The Australian Federal Police revealed that scammers are using deepfakes and pig butchering as their primary methods to defraud victims.

HTC Debuts Smartphone In-Wallet ERC-20 Token Swaps
Consumer electronics giant High Tech Computer (HTC) is rolling out in-wallet cryptocurrency trading for users of its Exodus 1 smartphone, according to a press release shared with Cointelegraph on May 14.HTC, which this week announced a low-cost version of its blockchain smartphone would appear around Q3 2019, now allows Zion Vault users to swap between…

Core Scientific’s bankruptcy plan includes equity stake for Bitmain and Anchorage
If the plan is approved, Core Scientific could buy 27,000 Bitmain miners for roughly $23 million in cash and $54 million in company equity. 243 Total views 3 Total shares Cryptocurrency custody firm Anchorage Digital and major mining manufacturer Bitmain could take equity stakes in Core Scientific as part of the firm’s restructuring plan.According to…

Poloniex settles charges with SEC for operating unregistered exchange
Poloniex will reportedly pay over $10 million as settlement for the SEC indictment. 447 Total views 21 Total shares The United States Securities and Exchange Commission has charged crypto exchange platform Poloniex for breaching securities trading regulations.According to an announcement by the SEC on Monday, Poloniex offered trading of cryptocurrencies deemed securities to U.S. investors…

Got crypto? Here are 3 software wallets for storage, staking and swapping
Nearly every segment of the crypto sector underwent explosive growth in 2021. The steady inflow of institutional funds could possibly be interpreted as a signal that the best is yet to come.For new users, figuring out how to obtain cryptocurrency can be a tedious task, and the challenge of securing the assets off exchanges is…

Tether Market Cap Soars $2B Since March — Biggest Monthly Inflow Ever
While Tether (USDT) is currently the most popular stablecoin by far when it comes to trading volume and market capitalization, the latest Exchange Review from CryptoCompare shows that other stablecoin projects such as USD Coin (USDC), Paxos Standard (PAX) and TrueUSD (TUSD) have gained modest ground in the last few months, reducing USDT’s market share…

RFK Jr. promises to pardon Silk Road’s Ross Ulbricht if elected
“Yes, illegal activity took place there, but come on,” the presidential hopeful wrote as he denounced Ulbricht’s draconian sentence.

Bitwise enters European market with acquisition of ETC Group
The acquisition adds nine European-listed crypto ETPs to Bitwise’s portfolio and raises its assets under management to over $4.5 billion.