Crypto companies pull out of sponsorship deals amid market downturn

👋 Want to work with us? CryptoSlate is hiring for a handful of positions! New York Post reveals that cryptocurrency companies are cutting costs by pulling out of sponsorship and marketing deals as the crypto market crashed to its lowest in almost two years. FTX pulls out of sports deal Leading crypto exchange FTX, one…

Binance (BNB) makes KYC mandatory for every service on its platform

In an announcement today, embattled crypto exchange, Binance has emphasized its readiness to be fully compliant with various regulatory measures, as it now requires compulsory Verification for all its users, effective immediately. In the Friday announcement by the exchange, it now becomes a must for all new users to complete Intermediate Verification as it would…