Block pins net losses on BTC’s fading consumer demand
Block's gross profits rose 38% to $1.57 billion, but expenses rose by nearly one-half, resulting in a net loss of $18.7 million, significantly worse than the $3 million loss in Q3 2021.
Latest Changpeng Zhao News
Digital Tenge on BNB Chain? Are you kidding me?
Changpeng Zhao tweeted that his team had persuaded Berik Sholpankulov, the First Deputy of the Governor of the National Bank of Kazakhstan, to test integrating the Digital Tenge with the BNB chain.
Musk buys Twitter with Binance’s help, crypto bots on notice
Elon Musk sacked Twitter execs Parag Agrawal, Ned Segal, Sean Edgett, and Vijaya Gadde after completing the $44-billion acquisition of the social media platform, reportedly with help from Binance.
Crypto Crime Cartel: Binance probe confirms much of what its leadership has spent years denying
Reuters have published the results of an investigation into Binance, revealing that the company pursued a strategy of misleading and dodging regulators which involved forging documents, among others.
Binance’s UK subsidiary accused of filing ‘grossly inaccurate’ annual reports
The subsidiary is Binance Digital, which was incorporated in the U.K. in 2019 as a self-described joint venture between Binance and a company called Dimplx.
The mask of decentralization slips again as Binance suspended BNB Chain
Not all blockchains are decentralized as they ought to be, with the recent suspension of Binance's BNB Chain as proof, posing risks among enterprises building on this technology in hopes of change.
Binance suspends BNB Chain after hacker creates millions of dollars in new coins
BNB's price dropped from $293 to $282 after the hacking news broke, though it had recovered slightly at press time.
India’s WazirX lays off 40% of workforce as trading volume plummets
WazirX will lay off as many as 70 employees, many of whom were assured of their job security just months prior as "crypto winter" and Binance spat take their toll.
US authorities sought Binance internal docs on money laundering
An ongoing U.S. Department of Justice probe into whether Binance violated the Bank Secrecy Act sought internal records to determine if the digital currency exchange was complying with AML rules.
Will Binance delist AVAX?
Binance's principles are on the line as it mulls whether or not to delist AVAX in the wake of a bombshell video that saw attorney Kyle Roche admit to using 'lawfare.'
Roger Ver: The notorious nexus in exchanges’ BSV delisting campaign
For ‘crypto’ insiders, one’s opinion on Bitcoin SV (BSV) appears less based on the technology’s merits than on how closely one is linked to Roger Ver.
India going after WazirX over its role in yet another $130M laundering scandal
The Enforcement Directorate accuses WazirX of using an opaque management setup and poor KYC programs to allow exploitative loan apps to launder millions between India and China.