Binance Boosts Compliance Staff by 34% Year-Over-Year, Citing Industry’s ‘Rapid Maturation’

Binance, the world’s largest crypto exchange, says it expects to have 645 full-time compliance employees on staff by the end of the year — a 34% increase from last November — as it continues to rapidly build out its compliance department.Source

Cardano’s ADA Leaps to 2.5-Year High of 90 Cents as Whale Holdings Exceed $12B

On-chain activity shows the involvement of large investors and institutions, indicating that the price surge could have staying power.Source

Bitcoin Nears $100K, With Crypto Market Cap at Record $3.4T

Strength in BTC is leading to a rotation in other major tokens ahead of the weekend, buoyed by renewed bullish hopes about a crypto-friendly Trump administration that takes office in January.Source

XRP Price Surges 25% as Headwinds for Ripple Clear Even More

An incoming crypto-friendly regulatory environment for U.S. based companies has renewed optimism for certain tokens, especially XRP.Source

Solana’s SOL Surges to Record High Above $260

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Bitwise Joins Mounting Race for Solana ETF

Crypto-investments firm Bitwise took a big jump Thursday toward offering a Solana exchange traded fund (ETF) in the United States.Source

Charles Schwab Wants to Directly Offer Crypto to Clients, Incoming CEO Says

Financial services giant Charles Schwab has plans to directly offer crypto investments to its clients, president and incoming CEO Rick Wurster told Yahoo Finance in an interview on Thursday.Source

Why the Media Loves the Worst of Crypto

The fixation on the least reputable aspects of the industry obscures the real progress being made in areas like DePIN, stablecoins and DeFi, says Mahesh Ramakrishnan.Source

Ethereum Layer-2 Teams Welcome Proposal to Overhaul Blockchain

Far from making zero-knowledge rollups obsolete, the Beam Chain would make them work better, says Polygon. zkSync builder Matter Labs is also bullish.Source