CZ has lost 38% of fortune in 2023
Sam Bankman-Fried, on trial for fraud in New York, isn’t the only crypto founder feeling the heat.
The Bloomberg Billionaires Index slashed its estimate of revenues at crypto exchange Binance by 38% after data showed volumes at the firm declined this year...
Binance lays off third of workforce — including US CEO
Binance.US chief executive officer Brian Shroder has left the crypto trading platform and been replaced on an interim basis by chief legal officer Norman Reed, according to a company spokesperson.
The departure comes as the company...
Binance.US losing access to banks
Binance.US is being cut off from its banking partners in the fallout from a Securities and Exchange Commission lawsuit against the cryptocurrency exchange.
In an email to customers, the platform said its payment and banking partners have signalled an intent to...