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Binance looks to hire 8K people by 2023 end: CEO Binance CEO Changpeng Zhao has stated that the company is targeting to hire 8,000 people by the end of the year. "At the time of this tweet , @Binance had 5900 people. Today we have 7400+ people. Targeting 8000 or so by end of year. Hiring continues," he tweeted. Changpeng also highlighted an older tweet from June 15 that stated: "It was not easy saying no to Super Bowl ads, stadium naming rights, and large sponsor deals a few months ago, but we did". It was a job po...
Binance looks to hire 8K people by 2023 end: CEO
Binance looks to hire 8K people by 2023 end: CEO
Source: IANS
24/11/2022 9:33:58 AM
Binance backs out of deal to buy FTX, cryptos at record low World's largest crypto exchange Binance on Thursday took a U-turn on acquiring its rival FTX, saying it was backing out of the deal after reviewing the company's finances, leading to further fall in major cryptocurrencies. Binance on Tuesday signed a non-binding, letter of intent to purchase FTX for an undisclosed sum. In a tweet, the company said that as a result of corporate due diligence, "as well as the latest news reports regarding mishandled customer funds and alleged...
Binance backs out of deal to buy FTX, cryptos at record low
Binance backs out of deal to buy FTX, cryptos at record low
Source: IANS
10/11/2022 11:26:57 AM
Coinbase has $15 mn deposits on FTX, now acquired by Binance Leading cryptocurrency exchange Coinbase has clarified that it only has $15 million worth of deposits on FTX to facilitate business operations and client trades, as it faced a partial outage. In its bid to provide clarity, the company said regardless of whether the Binance and FTX transaction completes, "we have very little exposure to FTX and we have no exposure to its token, FTT". "We have no exposure to Alameda Research, and we have no loans to FTX," Coinbase said...
Coinbase has $15 mn deposits on FTX, now acquired by Binance
Coinbase has $15 mn deposits on FTX, now acquired by Binance
Source: IANS
9/11/2022 8:58:12 AM
Binance Labs announces $500 mn fund for Blockchain, Web3.0 startups As venture capital (VC) funds squeeze the flow of money to traditional startups and invest in emerging tech like Web3.0, Binance Labs, the venture capital and incubation arm of leading cryptocurrency exchange Binance, on Wednesday announced closing of a $500 million investment fund to boost Blockchain, Web3.0 and value-building technologies. The fund is supported by leading global institutional investors such as DST Global Partners, Breyer Capital, as well as other major private equity fun...
Binance Labs announces $500 mn fund for Blockchain, Web3.0 startups
Binance Labs announces $500 mn fund for Blockchain, Web3.0 startups
Source: IANS
1/06/2022 4:57:37 PM