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Crypto Cowboy Binance Wants to Play by the Rules

Binance came out of nowhere in 2017 to become the world’s biggest cryptocurrency exchange. Its explosive growth has been fueled by a strategy of avoiding the regulatory headaches that go with the conventional banking system, and focusing instead on the freewheeling world of crypto-to-crypto trading. Now, Binance is wading into the world of government-issued money—raising

Bittrex Claps Back After Brutal BitLicense Rejection

There are always two sides to every story. And last week’s news of the New York Department of Financial Services denying Bittrex’s request for a BitLicense is only the latest example. As part of its rejection, the NYDFS put out a letter outlining the Washington-based exchange’s shortcomings chapter and verse. At first glance it’s brutal,

Bitcoin Exchange Kraken Sued by Former Trading Desk Manager

A former employee of Kraken, one of the oldest Bitcoin exchanges, is suing the crypto platform for allegedly failing to pay him for work he did. Jonathan Silverman, who was hired in April 2017 to manage Kraken’s institutional sales and trading desk in New York, is demanding compensation in excess of $900,000, according to a

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