Staff Cut Allegations Denied As rumors swirl and speculation mounts, Binance, one of the world’s largest cryptocurrency exchanges, has forcefully denied allegations of a 20% staff cut. The exchange’s CEO, Changpeng Zhao, took to Twitter to address the issue, dismissing it as ‘FUD’ (Fear, Uncertainty, and Doubt). While Zhao denied the allegations, he went ahead[Read more…]
Monthly Archives: June 2023
Binance’s BNB Chain Scaling Plans to Enhance Efficiency and Speed Binance, the largest centralized cryptocurrency exchange globally, offers a wide range of products and services catering to different user groups. One of its highly utilized products is BNB Chain, which stands as one of the most popular blockchains in the industry. With an average of[Read more…]
Major Crypto Exchange Reopens TORN Deposits Major crypto exchange Binance has reopened TORN deposits, days after an attack occurred on the privacy-focused crypto mixer Tornado Cash DAO. The exchange announced on Monday that it had resumed deposits for TORN on the Ethereum (ETH) network and Binance’s own BNB Smart Chain. TORN deposits on these two[Read more…]