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Binance Aims To Add 8,000 Employees By Year-End

Binance, the world’s leading crypto exchange today, is still standing in its place. During the bear market, many crypto companies had to cut staff to maintain their operations. However, for Changpeng Zhao’s exchange, this has no effect.

Today, CZ tweeted that the exchange currently has more than 7,400 employees. His goal is to expand Binance to around 8,000 employees by year-end.

Binance is one of the few exchanges that is still hiring. Meanwhile, Coinbase, BitMEX, Gemini, and several other exchanges have weathered the harsh market landscape.

Prior to that, the exchange had also intended to help its rival, FTX, led by Sam Bank-man Fried. However, the deal was not made because the situation of FTX was out of control.

It has also recently increased its regional expansion to regions such as Abu Dhabi, Cambodia, Dubai… The exchange has also partnered with top soccer star Cristiano Ronaldo to promote its NFT collection.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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