FTX Files $1.8B Lawsuit Against Binance and CZ
FTX entered a $1.8 billion legal battle with Binance and its former CEO over fraudulent transactions. The FTX bankruptcy estate has taken legal action against...
Cryptocurrency Regulations in Turkey: Key Updates and Trends
Uncover the latest information on crypto regulation in Turkey in 2024, particularly taxation, trade legalization, and the emergence of banks willing to offer services related...
India Seeks $86 Million from Binance in Unpaid Taxes
Binance is dealing with regulatory trouble in India. Binance had been cooperating with Indian authorities in the matter of the WazirX probe. However, the exchange...
WazirX Introduces Bounty Program to Recover Stolen Funds Following Major Hack Attack
WazirX has become one of the most discussed topics following one of the biggest hack attacks in 2024. The trading platform has taken prompt action...
Nigerian Police Apprehends Crypto Influencer in Scam Crackdown
Police officials in Nigeria recently made a high-profile arrest as part of the investigation taking place in a suspicious project. This case has the potential...
Circle Transfers Headquarters to US from Ireland Before Upcoming IPO
Stablecoin issuer firm Circle has decided to venture out of Ireland as part of a strategic move. The firm has decided to transfer its headquarters...
IRS Proposal for Tax Form Raising Concerns, Threatens to Erode Pseudonymity in Crypto
The US Internal Revenue Service (IRS) draft form states that the agency mandates self-custodial wallet addresses when decentralized finance (DeFi) users file taxes. The draft...
US Treasury Proposes Regulations to Address Crypto Crimes
Deputy Treasury Secretary Adewale Adeyemo recently issued a statement on the matter of illegal activities taking place in the crypto sector. Adeyemo informed the Senate...
Crypto.com Continues to Increase Its Presence in South Korea Despite Regulatory Hurdles
Crypto.com, one of the largest cryptocurrency exchanges in the world, recently expanded its operations in South Korea. As per a new Cointelegraph article, the firm...
Fidelity Adds Staking in its Spot Ethereum ETF Proposal
Fidelity is one of the major financial firms that have filed for spot Ethereum ETF application. Last year, the traditional finance sector joined in the...