Binance Holdings Ltd., has been directed to pay a substantial $4.3 billion in criminal penalties. This notable ruling, endorsed by US District Judge Richard Jones, represents a significant legal milestone in the United States, revealing the company’s involvement in questionable…
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Coinbase Poised for $103M Q4 Profit, Defying $16M Loss Forecasts
Coinbase Global Inc., Cryptocurrency exchange in the United States, is poised to deliver a surprising twist to Wall Street by achieving profitability for the first time in two years. With Bitcoin’s recent resurgence and strategic cost-cutting measures implemented during the…
NBA Faces $4.2 Billion Lawsuit Over Marketing Links to Failed Crypto Exchange Voyager Digital
The National Basketball Association (NBA) is facing a significant legal challenge as it has been hit with a lawsuit over its marketing ties to the now-failed crypto exchange, Voyager Digital Holdings Inc. Investors claim that these marketing links led to…
Bybit Launches Inscription Marketplace to Connect Bitcoin and Ethereum Ecosystem
Bybit, a renowned cryptocurrency exchange with a significant global trading volume, has taken a momentous stride towards supporting and expanding the Web3 ecosystem. The company’s latest announcement unveils the launch of the Bybit Inscription Marketplace, an integrated platform that fosters…
Coinbase, along with CEO Brian Armstrong, establishes a substantial support fund for pro-crypto politicians
In the rapidly evolving landscape of digital assets, Brian Armstrong, the CEO of Coinbase Global Inc. His rise to prominence is a testament to both his strategic prowess and the current state of the political sphere, which holds great implications…
Coinbase’s Strategic Expansion: George Osborne Joins Advisory Council to Tackle Regulatory Challenges
Coinbase Global Inc., a renowned name in the cryptocurrency exchange sector, has made a strategic move in its global expansion and regulatory navigation efforts. The company recently announced the appointment of George Osborne, the former UK Chancellor, to its advisory…
What is a MEME coin? Why did Binance invest in this MEME token?
Imagine a cryptocurrency born not from lofty whitepapers or complex financial algorithms but from the shared laughter of millions of internet users. Enter the realm of meme coins, digital currencies fueled by viral trends, humour, and the unpredictable pulse of…
Financial Intelligence Unit of India (FIU) Imposes Shadow Ban on Crypto Exchanges
The Financial Intelligence Unit India (FIU IND) has taken a resolute stand against major cryptocurrency exchanges operating within the Indian market. Show Cause Notices have been sternly issued to nine prominent exchanges, including Binance, Kucoin, Gate, Huobi, Kraken, Bittrex, Bitstamp,…
Binance Contest SEC Lawsuit, Arguing Non-compliance with Howey Test Requirements
In a recent filing, Binance, Binance.US, and their founder Changpeng Zhao (CZ) have strongly contested the U.S. Securities and Exchange Commission’s (SEC) lawsuit, arguing that the regulatory body failed to meet the requirements of the “Howey Test.” The filing, submitted…
Coinbase’s Coin Stock Should Surpass 500Billion And Here Is Why?
Coinbase, one of the leading cryptocurrency exchanges globally, has experienced remarkable success in 2021, reaching an unprecedented milestone of $500 billion in quarterly trading volume. With the crypto industry gaining significant momentum, Coinbase’s performance is poised to surpass this milestone…