Crypto News

Why Binance Employees Are Remote-First

Five years after COVID-19 sparked a global remote-work revolution, the pendulum seems to be swinging back. Some of the very companies that once embraced remote work, like Amazon and X (formerly Twitter) are now asking employees to return to the office. For many, this makes sense. These organizations were conceived as “in-person” enterprises, with workflows and cultures built around physical proximity. Remote work was a necessary adaptation during a global crisis, but for some, its efficiencies may not justify a permanent transition.Remote-first is not a temporary patch for us; it is our foundation as it is for many companies in the Web3 and crypto sector. From the moment Binance was established in 2017, it was designed as a global, remote-first...

Pudgy Penguins Solana Token and Ethereum NFTs Rising Ahead of Abstract Network Launch

Pudgy Penguins assets are all rising in value ahead of the launch of Abstract, an Ethereum layer-2 network from the project’s parent company.Source link

How Gate.io is Evolving Amid DeFi’s Resurgence

As DeFi adoption grows, exchanges are evolving to meet the demand for secure, accessible decentralized trading.Source link

6,595 Bitcoin Mined by Core Scientific in 2024

The growth of Core Scientific’s mining operations in 2024 resulted in the company achieving a total output of 6,595 BTC. Significant BTC Mining Output for Core Scientific Core Scientific, a bitcoin mining company announced its total mining output of 6,595 BTC for the entire 2024 with 974 BTC mined in Q4 2024. This was outlinedSource link

U.S. Fed’s Michael Barr to Step Down as Vice Chair for Supervision

Michael Barr, the U.S. Federal Reserve’s vice chair for supervision, will step down from his position on Feb. 28 — or earlier, if a successor is confirmed — according to a Monday announcement from the Federal Reserve.Barr will continue to serve as a member of the Federal Reserve Board of Governors.In a statement included in the Federal Reserve’s announcement, Barr suggested that he decided to voluntarily resign in order to avoid a potential dispute with the incoming Trump administration.“The position of vice chair for supervision was created after the Global Financial Crisis to create greater responsibility, transparency, and accountability for the Federal Reserve's supervision and regulation of the financial system,” Barr said. “The risk of a dispute over the position could...