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Department of Justice Reaches $4.3 Billion Settlement with Binance; CZ to Resign as Part of Agreement

Benito Cormi3 years ago2 min read

Binance Pays $4.3 Billion to Settle with DOJ According to the DOJ press briefing on cryptocurrency enforcement, Binance, the world’s largest crypto exchange by trading volume,…

Zazuu, an Africa-Centric Remittances Fintech, Closes Doors Due to Lack of Additional Funding

Benito Cormi3 years ago2 min read

Zazuu Shuts Down After Failing to Raise Additional Funding Zazuu, an Africa-focused fintech startup specializing in cross-border remittances, recently announced that it was forced to shut…

Altcoins Outperform Bitcoin, Fueling Speculation of Upcoming ‘Alt Season’

Benito Cormi3 years ago2 min read

Alt Season Takes Over Social Media Platforms On the social media site X (previously known as Twitter), there are many discussions centered around “Alt Season” and…

Spain Faces Nationwide Digital Payment Meltdown Due to Centralized Provider Issue: People Resort to Cryptocurrency and Cash

Benito Cormi3 years ago2 min read

Redsys Problems Lead to Payment Difficulties in Spain An issue with Redsys, a main payment provider in Spain, has led to a nationwide disruption in the…

SEC Takes Legal Action Against Kraken: Crypto Exchange Prepares to Strongly Defend Itself in Court

Benito Cormi3 years ago2 min read

SEC Fights Back Against Kraken Announcing that it had charged “Payward Inc. and Payward Ventures Inc., together known as Kraken, with operating Kraken’s crypto trading platform…

Singapore’s Initiative for Smooth Financial Transactions on Digital Asset Networks

Benito Cormi3 years ago2 min read

The Monetary Authority of Singapore Plans for Digital Assets Ravi Menon, the managing director of Singapore’s central bank, the Monetary Authority of Singapore (MAS), discussed digital…

Binance Under Pressure as US Justice Department Seeks $4 Billion Settlement: Report

Benito Cormi3 years ago3 min read

U.S. Department of Justice’s $4 Billion Demand from Binance According to a report by Bloomberg, the U.S. Department of Justice (DOJ) is seeking more than $4…

Largest Ever USDT Freeze: Tether Freezes $225 Million Amid DOJ Investigation

Benito Cormi3 years ago2 min read

Joint Freeze of USDT Tokens Tether and Okx recently collaborated with the U.S. Department of Justice and froze $225 million in USDT tokens following a joint…

Record high: Over 710,000 Daily Bitcoin Transactions Confirmed on Sunday

Benito Cormi3 years ago2 min read

Bitcoin Breaks New Record with Over 710K Transactions in One Day On November 19, 2023, Bitcoin made history by validating more than 710,000 daily transactions, marking…

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