Binance Faces October Tax Trial in Nigerian Court as Legal Woes Mount
Key Insights Binance is scheduled to face tax evasion charges in a Nigerian court on October 11, with the company…
Crypto App CoinStats Hit by Sophisticated Hack, 1,590 Wallets Compromised
Key Insights CoinStats reports a sophisticated cyber attack resulting in the theft of $2.2 million worth of cryptocurrency from 1,590…
Kraken Scores Partnership with Atlético de Madrid, Expands European Presence
Key Insights Kraken becomes Official Crypto and Web3 Partner of Atlético de Madrid, including sleeve sponsorship from 2024 season. Partnership…
BitMEX Pleads Guilty to Bank Secrecy Act Violation, Faces Potential 5-Year Sentence
Key Insights BitMEX pleads guilty to violating the Bank Secrecy Act by failing to maintain an adequate anti-money laundering program.…
Mt Gox Begins Bitcoin Repayments to Creditors, Moves $2.71 Billion in Assets
Key Insights Mt Gox has started repaying creditors in Bitcoin and Bitcoin Cash through designated cryptocurrency exchanges, with repayment timelines…
BitMEX Launches Memecoin Index Swap, Offering Exposure to Top 10 Tokens
Key Insights BitMEX launches MEMEMEXTUSDT Basket Index Perpetual Swap Contract New instrument offers exposure to top 10 memecoins with up…
KuCoin to Impose 7.5% VAT on Nigerian Users’ Transaction Fees
Key Insights KuCoin announces implementation of 7.5% VAT on transaction fees for Nigerian users starting July 8. The source of…
India’s CoinDCX Acquires Dubai-based BitOasis
Key Insights India’s CoinDCX acquires Dubai-based BitOasis for international expansion Acquisition aims to enhance user experience with broader crypto offerings…
Binance to Phase Out Turkish Language Support, Halt Local Marketing
Key Insights Binance is adjusting services in Turkey to comply with local regulations. Turkish language options will be phased out…