Page 8 - Patrick Hillmann News Today

Cryptocurrency giant Binance Holdings is considering ending relationships with U.S. business partners as regulators turn up the heat.The company, which

Sens. Elizabeth Warren and Chris Van Hollen asked the Justice Department to investigate crypto exchange Binance about whether it made false statements to U.S. lawmakers.

Binance’s payments partner in Australia had abruptly cut it off, meaning local customers couldn’t deposit Aussie dollars on the platform via bank transfer. The hit to business was immediate, with Binance halting all Aussie trading pairs about two weeks later, along with bank withdrawals of the local currency.

Cryptocurrency is poised to become a lot less private in several European countries as a top crypto exchange is planning to delist "privacy tokens". Starting June 26, Binance users in [...]

San Francisco: The total money being invested in the crypto market has reached a 32-month low in the month of May. According to data from The Block,

A Wednesday morning report from independent reporter Colin Wu claimed that Binance plans to cut 20% of its 8,000 staff in June. Sources told Wu that the…

Binance revealed that it may be reassessing its workforce following numerous reports of layoffs and an extended bear market.

The Binance COO hinted that the layoffs in June and internal reallocation of resources is required as the scrutiny persists.

Cryptocurrency monthly exchange volume fell over 27% from $604.88 billion in April to $439.42 billion in May, signaling weak investor demand.

A fresh headcount reduction is coming to crypto exchange Binance, which is reportedly planning to lay off 20% of its workforce in June.