Binance Plans to Hire About 2,000 New Employees

While other crypto exchanges are laying off employees amid volatile market conditions, Binance plans to use the upcoming crypto winter to strengthen its position. Earlier at the Consensus 2022 conference in Austin, Binance CEO Changpeng Zhao said that if the industry is in for a crypto winter, then Binance will use it to strengthen its position in the market. Now Zhao said the company is expanding staff. Binance has posted over 2,000 jobs for engineers,…

Bancor Protocol suspended user security

Digital asset platform Bancor Protocol on Monday, June 20, announced that it was forced to take extreme measures due to the difficult situation in the digital asset market. Bancor Protocol has suspended user loss protection services. The site team promised that as the economy stabilizes, the service will be launched again: “This ILP suspension measure should give the protocol some room to recover. In the meantime, we are waiting for the markets to stabilize and…