Crypto

Accused of Concealing U.S. Customer Base, Facing Maximum of Five Years in Prison KuCoin, a prominent cryptocurrency exchange, along with its two founders, finds itself embroiled in legal trouble as criminal charges have been filed against them for breaching bank …

Leading Cryptocurrency Exchange Faces Charges Filed by FIRS at Federal High Court In a significant development, the Federal Government has taken legal action against Binance, a prominent cryptocurrency exchange platform, alleging tax evasion. The charges, officially lodged at the Federal …

Nigerian Authorities Clamp Down on Cryptocurrency Exchange, Binance, Prompting Discontinuation of Naira Services Binance, a prominent cryptocurrency trading platform, has announced the discontinuation of its services in Nigeria, prompting users trading with the naira to withdraw their assets from the …

World’s Largest Cryptocurrency Exchange Takes Measures to Safeguard Users Amid Currency Manipulations Binance, the leading global cryptocurrency exchange, has imposed limitations on peer-to-peer transactions involving the USDT/NGN pair as the Nigerian naira experienced significant depreciation on Tuesday afternoon. The exchange, …

Changpeng Zhao’s Bond Conditions Could Pave the Way for a Return to Dubai, Pending U.S. Review In a recent development, Binance founder Changpeng “CZ” Zhao has agreed to a substantial $175 million release bond and committed to returning to the …

World’s Largest Cryptocurrency Exchange Faces Leadership Shake-Up and Record Corporate Penalty In a groundbreaking agreement with the U.S. Department of Justice, Binance, the world’s leading cryptocurrency exchange, and its chief executive, Changpeng Zhao, have pleaded guilty to criminal charges related …

Manchester, UK – Afrobeats superstar Davido took center stage on Tuesday night at the illustrious 50th Professional Footballers’ Association (PFA) Awards ceremony in Manchester, UK. The charismatic artist, adorned in an ash-colored sweatshirt, graced the Lowry Theatre’s platform and regaled …

The International Monetary Fund (IMF) has taken a firm stance against granting cryptocurrencies the status of official currency or legal tender. In a recent report, the IMF emphasized the need for robust regulations and a comprehensive legal framework to effectively …

Sega, a prominent player in the GameFi and blockchain-based gaming sector, is reportedly exiting the industry, according to a recent report by Bloomberg. The gaming giant, once a championing voice for blockchain technology, has expressed reservations about its potential and …

Binance Australia, the local office of cryptocurrency exchange Binance, had its premises searched by the Australian Securities & Investments Commission (ASIC) on Tuesday, according to a report from Bloomberg. The move comes after Binance’s derivatives license was revoked in April …