📰 Binance to Increase its Staff Numbers by 30% in 2023

Amid Binance FUD, crypto firms insolvency, and massive crypto firms layoff, Binance is holding a contrarian view as it is looking to hire more workforce in 2023.

📰Binance Secures Regulatory Approval in Sweden

In pursuit of its Europe and global expansion plans, Binance, the world's largest cryptocurrency exchange has secured a license as a virtual assets service provider from Swedish regulators.

📰BlackRock Announces Massive Staff Layoff

As massive layoff continues in businesses, BlackRock, the world's leading asset manager has joined the list of firms that lay off staff purposely to cut costs as global recession looms.

📰 SEC Sues Gemini and Genesis Over Crypto Earn Program

According to the Friday release, the US Securities and Exchange Commission has sued Genesis Global Capital, and Gemini Trust Company for offering unregistered securities to retail investors through the Gemini earn crypto asset program.

📰Crypto.com Fires 20% of its Workforce

Since the inception of the crypto bear market, crypto firms have been navigating their ways to adapt to market conditions, like Armstrong’s Coinbase, Crypto.com has announced staff layoff for the second time.

📰Ukrainian Crypto Exchange to Sponsor Ukraine National Soccer Team

To promote crypto adoption among soccer lovers, Whitebit, a crypto exchange with Ukraine root, has entered a sponsorship deal with the Ukraine National Soccer team.

📰US University Now Offers Bitcoin Course

As Bitcoin and other cryptocurrencies continue to gain momentum globally, universities in various countries have started leveraging crypto popularity as Bitcoin courses are now being integrated into their curriculum.

📰France May Introduce Stricter Regulation for Crypto Companies

France may review the existing policy guiding cryptocurrency firms' operations in the country, as per a recent statement from its apex bank governor.

📰Coinflex and 3AC Founders to Raise $25 Million for New Crypto Exchange

Founders of Coinflex and bankrupt crypto hedge fund Three Arrows Capital are looking to raise funds for a new cryptocurrency exchange named GTX.

📰Spanish Airlines to Accept Crypto as Payments

With the rising number of people who are using crypto, a Spanish Airline has announced plans to explore the benefits crypto can offer its Airline.

📰N26 Unveils Crypto Trading in Five New Markets

To widen its customer base and in an attempt to satisfy clients, the mobile bank N26 has rolled out crypto trading products N26 Crypto in five new markets.

📰Binance Secures Regulatory Approval in Poland

Binance, the world's largest cryptocurrency exchange by trading volume has announced an expansion into another European country, as per Wednesday's blog post.

📰Coinbase to Halt Operations in Japan

Not long after firing 30% of its staff, Armstrong Coinbase, the US largest cryptocurrency exchange announced plans to suspend operations in Japan.

📰Crypto Market Erases FTX Losses

FTX collapse in November had a significant effect on the entire crypto market, in fact, many opined that it would take longer than this for the crypto market to fill up the space, crypto market has however proven otherwise.

📰Lending Firm Genesis to File for Creditors Protection

The troubled crypto lender Genesis Trading is reportedly filing for bankruptcy this week as a mechanism for protection against creditors.

📰US Authorities Charge Bitzlato Exchange With Laundering $700 Million

The United States Justice Department has charged the Russian owner of the Bitzlato cryptocurrency exchange with laundering $700 million, officials said in a Wednesday press conference in Washington.

📰Many Binance users are having problems with account suspension and withdrawals.

The DOJ may be looking into transactions involving Bitzlato and Binance.

Major Binance FUD might hit the market.

Trade safe🔰

📰ConsenSys Fires 11% of its Staff, Blames CeFi

The creator of MetaMask and Ethereum development company ConsenSys has announced the layoff of 97 staff or 11% of its workforce.

📰Genesis Officially Files for Bankruptcy

According to the January 19 filing, crypto lending firm Genesis Trading officially files for Chapter 11 bankruptcy, thereby joining the list of bankrupt crypto firms.

📰Australian Bank to Launch Stablecoin on Two Blockchains

According to a report from local media, National Australia Bank (NAB) is reportedly on the path to launching a stablecoin on Algorand and Ethereum blockchains.