NFT News by Thebittimes.Com

Speaking at a conference in St. Moritz, Switzerland, Binance CEO Changpeng Zhao spoke about his vision for the exchange in 2023. CZ mentioned that he envisions expanding the workforce of the exchange by 15-30% in 2023. He also spoke about the growth of the exchange during the extremely difficult bear market of 2022. In terms of numbers, he stated that the exchange increased its headcount from 3000 to 8000 in 2022. In terms of plans for 2023, CZ stated that the essential focus is on making the exchange more efficient, which includes improving the technology as well as focusing on investing in customer care support. JUST IN: #Binance CEO says the exchange aims to hire 1200-2400 employees in 2023. — Watcher.Guru (@WatcherGuru) January 11, 2023 “We have one business that is pretty big, pretty profitable but it is not going to last forever… we don’t want to become the Kodak. We want to disrupt ourselves rather than other people disrupting us,...

The past few months have been characterized by prolonged downtrends in the crypto market. Amid the bearish environment, October has emerged as the month with the highest crypto scams and hacks, despite being in the 2nd week. The total value of hacks so far this month has surpassed that of March, and around $718 million has been stolen from DeFi protocols across 11 different hacks. Read More: ‘Uptober’ is More like Hacktober: Highest Crypto Hacks in 2022 South Korea keen to fight against crypto-laundering Now, in such an environment, taking action to prevent crypto -related laundering crimes or hack s is the need of the hour. In fact, regulators of different nations have been putting in efforts to protect the larger investor base. Now, according to reports, the five biggest crypto exchanges in South Korea have signed a “crypto crime-fighting” MOU deal with the nation’s police force. Reportedly, they will work with officers to fight against crypto-linked money launderers and ...