Binance cuts costs, Ripple is ready for US banks, and crypto VCs make a comeback

The crackdown on crypto firms by the United States Securities and Exchange Commission (SEC) appears to have seriously affected Binance’s business. Over the past few weeks, the crypto exchange has reportedly laid off more than 1,000 employees and reduced some benefits. According to Binance, “the current market environment and regulatory climate” caused earnings to fall, […]