The online broker Robinhood has laid off 10% of its employees. The company's CEO, Vlad Tenev, explained the cuts by the need to simplify the management structure. Our CEO Vlad Tenev shared the following note with our team at Robinhood today:Robinhoodies,We’ve made the difficult decision to say goodbye to some of our team members today. Those departing are being notified, and we’re…

A CryptoQuant analyst going by the pseudonym Arab Chain has drawn attention to a sharp rise in leverage in XRP trading on the Binance exchange. According to his data, the Estimated Leverage Ratio (ELR) climbed to around 0.1899 — the highest since the start of 2026, coinciding with XRP trading near $1.24. The metric reflects how actively traders…

Binance, the world's largest crypto exchange, risks losing the ability to serve clients in the European Union after its application for a MiCA license in Greece met with a rejection, Reuters reports on June 16, 2026. According to two sources familiar with the situation, the Hellenic Capital Market Commission (HCMC) is preparing to reject the application. If the decision is…

The world's largest cryptocurrency exchange, Binance, risks losing the ability to serve clients from European Union countries after the Greek regulator rejected the company's application for a MiCA license. This was reported by Reuters on June 16, 2026. According to two Reuters sources, the Hellenic Capital Market Commission (HCMC) is preparing to deny Binance. If…

Seoul police have detained a group suspected of laundering the criminal proceeds of a Cambodian crime organization through cryptocurrency. This was reported by Seoul Economic Daily, citing a briefing by the financial crimes unit. According to police, 23 suspects have been detained. Two key figures have been arrested. The group laundered proceeds…