Calls to release Binance exec intensify after 6 months in Nigerian detention

Indian crypto exchange Koinex has ceased operations effective immediately, co-founder Rahul Raj confirmed in a blog post on June 27.Raj said multiple delays by government agencies in clarifying crypto regulation have played a factor in the decision to close.This month’s proposal to introduce a 10-year jail sentence for Indian citizens who use cryptocurrencies had also contributed to…

Major cryptocurrency exchange Coinbase recently unveiled a new feature on its platform designed to save users money on transactions fees.According to a blog post released by the exchange on March 13, Coinbase would immediately begin offering Bitcoin (BTC) transaction batching for its customers.The move taken by Coinbase, which “requires no action from customers”, will allow…

The number of lawsuits against former FTX CEO Sam Bankman-Fried has been racking up since the fall of his crypto empire, with the former “white knight” of crypto finding himself a defendant in seven class action lawsuits filed since FTX’s bankruptcy.These lawsuits are separate from the numerous probes and investigations examining FTX and Sam Bankman-Fried,…

The president of the European Central Bank (ECB), Christine Lagarde, said that the financial institution should be ahead of the curve regarding the demand for stablecoins.According to a tweet by the ECB on Dec. 12, Lagarde said: “My personal conviction on the issue of stable coins is that we better be ahead of the curve.…

Crypto scams appear to be dominating investment fraud cases in Austria. 7093 Total views 13 Total shares Austrian regulators are calling for stricter crypto laws amid a spate of elaborate investment scams involving cryptocurrency and digital assets.According to a Bloomberg report of Friday, Austria’s Financial Market Authority has revealed that more than 60% of all…

The Korea Digital Asset Industry Committee meeting discussed crypto tax, DeFi markets, nonfungible tokens and metaverse during their meeting on Thursday. The Korea Digital Asset Industry Committee comprising of leading Blockchain experts in South Korea has called for the formation of a government committee dedicated to helping and advancing digital asset businesses in the country.The…

Winning Poker Network, an online network that supports numerous online poker websites across the world, has reported a surge in demand for Bitcoin payouts. In an Nov. 19 report from Bloomberg, the CEO behind Winning Poker Network, or WPN, said that up to 95% of poker players are currently requesting to be paid in Bitcoin (BTC).…

Sanchan Saxena, the Vice President of product at Coinbase said yesterday that the “insane” amount of traffic from signing up to waitlist temporarily broke the site. 381 Total views 14 Total shares There have already been more than 1 million sign-ups for Coinbase’s NFT platform since the waitlist went live on Oct.12. Coinbase opened up…

Let’s face it: Whether you’re an avid crypto enthusiast or just mildly interested in this blooming industry, chances are you’ve read, seen or heard more stories about the coronavirus and the Bitcoin (BTC) halving than you’d probably like to. In all fairness, the coronavirus led to the world has collectively agreeing to press pause in an…