Zhao commented candidly that Binance was currently “not super efficient” and noted this as a reason for adding on staff. This is exciting news as the exchange already expanded the employee headcount from 3,000 to roughly 8,000 in 2022 while other exchanges announced layoffs. 11, 2022 in Switzerland where he announced that the exchange was hoping to increase its workforce by 15% to 30% in 2023 to become better organized for the next potential bull run. Binance has announced a hiring spreeĬEO Changpeng Zhao, known as CZ, spoke at an industry conference on Jan. Here’s the latest news surrounding Binance and the crypto space. Then it came out that was purchasing Voyageur to save it from bankruptcy, and other pieces of information have come out since that are listed below. Binance had initially agreed on a rescue acquisition until they pulled out of the deal due to concerns over regulatory issues and possible legal ramifications involving FTX. Latest news on Binanceīinance has been making headlines ever since the crypto exchange FTX collapsed. It became popular during the pandemic months as supporters rallied on social media to try to bring up its value, but it has significantly dropped since its peak. You can invest in Shiba Inu with your credit card or a connected bank account or swap in other cryptocurrency forms for this token.Īs always, we recommend that you conduct your own due diligence before investing in a speculative asset like crypto. If you want to put money into this meme coin, you can still do so on the Binance exchange since only one trading pair was delisted. It’s clear that the popular meme coin isn’t going anywhere.
Binance currently holds about 16% of the circulating supply of Shiba Inu, with 91.57 trillion tokens worth about $797.57 million in four different wallets. The meme coin that was touted as a “Dogecoin killer” has seen its trading volume go up recently, as it’s rare to see a smaller coin become one of the most watched tokens on the platform. In positive news for supporters of Shiba Inu, Binance revealed that this was the third-most-popular form of cryptocurrency in 2022, trailing only behind Bitcoin BTC and Ethereum. It’s worth noting that the SHIB/USDT trade pairing on the Binance exchange has one of the highest trading volumes, with $30.5 million. However, some other sources have stated that they believe the SHIB/GBP was delisted due to low liquidity. Binance didn’t provide a reason for why these trading pairs were being removed in the official announcement.
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