braced

Spiralling compliance costs, ongoing legal headaches and a shrinking share of the market: Binance's new chief Richard Teng faces daunting challenges in turning a new leaf for the world's biggest crypto exchange. Teng was quickly appointed CEO this week after Binance's founder Changpeng Zhao pleaded guilty to breaking US anti-money laundering laws, part of a $4.3 billion deal to resolve a years-long US investigation.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology…

Archer Aviation displayed its Midnight electric vertical take-off and landing (eVTOL) flying taxi is at the Dubai Airshow this week. Flying taxis have been a sci-fi fixture for decades, but one operator says they are finally close to reality, first in the United States and then the United Arab Emirates and India.…