Share this article It was the moment that most of Bitcoin’s friends had been waiting for. At 8:10 pm ET Friday in New York, Bitcoin (BTC) underwent its fourth halving at block height 840,000; block rewards were slashed from 6.25 BTC to 3.125 BTC. Despite the block reward halving, miners for block 840,000 raked in
Tom Holland, the 27-year-old actor known for his portrayal of Spider-Man in Marvel’s newest franchise, has found himself at the centre of online buzz once again. However, this time, it wasn’t due to any Hollywood gossip, news about partner Zendaya, or superhero movie teasers. Fans were taken aback when Holland seemingly posted a cryptic hint
SEC Chair Gary Gensler continues to seek legal action against crypto firms Getty Images The SEC is continuing its pattern of regulation by enforcement by filing a Wells Notice against Uniswap UNI , a popular decentralized exchange that benefitted from the growth in DeFi activities. While DeFi has been in the crosshairs of the SEC
The European Securities and Markets Authority (ESMA) has issued a warning about the high concentration of trading activity on a limited number of cryptocurrency exchanges. According to the regulator’s analysis, a single platform, Binance, controls roughly half of the entire market, while just 10 exchanges handle about 90% of all cryptocurrency trades. The ESMA’s report,
The cryptocurrency industry can learn lessons from the settlements three crypto exchanges reached with regulators. So said the chief compliance officers of Binance, Coinbase and Kraken while speaking Wednesday (April 10) at Chainalysis’ Links conference in New York, the Wall Street Journal (WSJ) reported Wednesday. Each of the three companies reached settlements with U.S. regulators within the
April 2024 looms as a crucial juncture for the cryptocurrency market, set to witness a convergence of significant occurrences that could potentially alter the dynamics of digital assets. From pivotal protocol advancements to legal confrontations involving industry heavyweights, the month is brimming with events that may dictate the trajectory of the market for the foreseeable
Binance has appointed a board of directors for the first time as regulatory crackdown intensifies. The newly formed board will be chaired by Gabriel Abed, previously Barbados’ ambassador to the United Arab Emirates. The board comprises seven members, including Binance CEO Richard Teng and other key executives such as Heina Chen, Jinkai He, and Lilai
Two Binance executives have sued the Nigerian government following their detention by the African nation. The cryptocurrency execs filed suit last week against Nigeria’s national security adviser, Nuhu Ribadu, and country’s Economic Financial Crimes Commission for violating their fundamental human rights, Coindesk reported Friday (March 29), citing local media reports. In their court filings, Tigran Gambaryan, head of
Nigeria’s federal government filed charges against crypto exchange Binance for tax evasion at the country’s High Court on Monday, local newspaper Punch reported. Nigeria’s Federal Inland Revenue Service, the country’s tax agency, accuses Binance of four tax evasion charges in the filing: the non-payment of value-added tax, the non-payment of company income tax, failure to
Cryptocurrency exchange Binance has said it invested $213m in its compliance programme in 2023 to tackle fraud and bolster security. The information was revealed in a statement sent to Sunday PUNCH by Romaana Sutton, the Conversation Architect at JNPR, the public relations agency representing the exchange. The exchange noted that significant funding allocation underscored its