Following the SEC’s recent lawsuits against major crypto exchanges, trading platform Robinhood has announced its decision to discontinue support for cryptocurrencies Cardano, Polygon, and Solana from June 27, underscoring the growing regulatory pressures within the crypto industry. In a recent development, Robinhood has...
Binance, the world’s largest crypto exchange by market capitalization, responded to rumors about the company cutting its staff by 20%. No 20% staff cut says Binance executive Binance, whose total headcount is about 8,000, reportedly laid off 20% of its workforce, with speculation...
U.S. lenders are distancing themselves from crypto companies in the wake of increased scrutiny of the industry by regulatory agencies in the country. These measures could force more crypto businesses to move offshore to jurisdictions with friendlier cryptocurrency regulations. Unbanking crypto Crypto firms...