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Binance CEO Ignored Internal Warnings Over Regulatory Failings: Report
Binance CEO Changpeng ‘CZ’ Zhao ignored concerns raised by senior employees over the exchange’s weak know-your-customer (KYC) checks, amid a catalogue of other regulatory shortcomings, a Reuters investigation has found. The news agency claimed that […]
LatAm Bitcoin Exchanges Announce Major Layoffs to Prepare for Crypto Winter
Latin American cryptocurrency companies batten down the hatches, joining their U.S. peers in response to seismic shifts in the market.
Grayscale Bitcoin Trust Shares Jump 12%, Narrowing Discount
Shares in the troubled Grayscale Bitcoin Trust (GBTC) surged on Monday, narrowing its discount from Bitcoin. The price for the OTC-traded security jumped 11.56% yesterday, to $9.65. This brought the trust’s discount against the net […]
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