Tag: Binance
Nigeria’s FIRS Accuses Binance of Tax Evasion: The Unfolding Legal Battle
The FIRS has accused Binance of a litany of offences, including failure to pay Value-Added Tax (VAT) and Company Income Tax.
The situation...
Binance’s Halving Initiatives: Shaping the Future of Cryptocurrency Trading
Binance is launching a pioneering campaign to galvanize participation and investment within its ecosystem.
The first, a warm welcome to newcomers with a...
Adieu to Leveraged Tokens: Binance Announces Strategic Shift Amidst Crypto Market Changes
Binance is charting a new course by announcing the cessation of select leveraged tokens.
Leveraged tokens like the BLTs facing sunset are intricate...
Ripple Exchange Faces Cyber Nightmare: $112 Million Stolen in Historic Hack
Crypto hackers target Ripple Exchange's co-founder, Chris Larsen, making off with a staggering $112 million in XRP.
The XRP ledger underpins its...
Cristiano Ronaldo NFTs Stands Strong Amid Legal Challenges: Binance Fulfills Promises
On January 25, Binance released a video of Ronald playing football with seven fans and holders of the cr7 NFT collection.
Alongside Ronaldo,...
US Court Finalizes Binance Case
The U.S. Court ordered the top crypto exchange to pay $2.7 billion and Changpeng Zhao to pay $150 million to the Commodity Futures...
Binance Faces Three-Month Ban in the Philippines
The head of the Philippines SEC, Kelvin Lee, clarified that the ban on Binance would take effect three months after the advisory was...
Global Regulatory Quagmire: Philippines SEC Takes Aim at Binance’s Operations
The Philippines SEC has warned Binance for operating without the necessary approval or license, citing the absence of registration and required authorization to...
Cristiano Ronaldo at the Center of Class-Action Lawsuit Tied to Binance
Cristiano Ronaldo faces a proposed class-action lawsuit linking him to alleged securities violations.
The lawsuit claims Ronaldo's endorsements prompted users to invest in...
Reopening Pandora’s Box: SEC Launches Another Kraken Laws
The US SEC accused Kraken of operating as an unregistered exchange, broker, dealer, and clearing agency.
The first Kraken lawsuit occurred around Q3...
Crypto Landscape Rattled: Binance CEO CZ’s Shocking Plea Deal
Binance founder Changpeng "CZ" Zhao has stepped down as CEO amidst a reported $4.3 billion settlement with the U.S. Department of Justice (DOJ).
...
Binance Appoints Richard Teng as CEO Amid Legal Challenges and Leadership Transition
Changpeng Zhao stepped down as the Binance CEO on Tuesday after pleading guilty to charges levied against him by the U.S. Department of...
Impact of Changpeng Zhao Guilty Plea on the Future of Centralized Exchanges
Changpeng Zhao has agreed to step down after pleading guilty to breaking US AML laws as part of a $4.3 billion settlement.
...
The Finale of the FTX Saga
After only a month of court proceedings and four hours of jury deliberations, the court found Sam Bankman Fried guilty of all seven...
Binance exits Russia fully selling its firm to CommEX
Cryptocurrency exchange Binance has finalized its departure from the Russian market, selling its business to CommEX, citing incompatibility with compliance strategy
Binance's withdrawal...
Cryptocurrency exchange Binance reopens in Belgium after suspension
Binance has reopened registrations and services for Belgian users after complying with regulatory requirements, marking a significant development following a three-month suspension
The...
