The decision in the tax evasion trial against Binance, a cryptocurrency exchange, is expected from a Nigerian court on October 11th. Among Binance’s four accusations of tax evasion is a failure to register with the Federal Inland Revenue Service (FIRS) of Nigeria. Local media reports that Ayodele Omotilewa, a lawyer
July 13, 2024 1 min read
A potential layer-2 scaling solution to integrate with the expanding ecosystem is being considered by the Open Network (TON). The TON Applications Chain (TAC) will develop the L2 solution as an engine driven by zk, as announced on X. TON is widely recognized as a leading network in terms of
July 11, 2024 2 mins read
On Wednesday, the U.S. spot bitcoin exchange-traded funds (ETFs) had a net inflow of $147.37 million, continuing a streak of four days of positive fund flows. SoSoValue statistics shows that Fidelity’s FBTC received $57.79 million on Wednesday. Up next was Franklin Templeton’s ETF, which raised $31.66 million, its highest funding
July 11, 2024 1 min read
Cardano, known for its meticulous development process, has reached a turning point with on-chain governance. This innovative method gives ADA holders a say in the platform’s development by letting them vote on proposals. The statement by Hoskinson now clarifies the launch date of Chang Hard Fork, which had been in
July 10, 2024 2 mins read
Oasys, a gaming blockchain, and Edia Corporation, a holder of 139 retro game intellectual property (IP), have formed an exclusive collaboration. By taking on the role of exclusive distributor for all 139 of Edia’s retro game IP titles in the Web3 and international markets, Oasys will bring in a new user
July 10, 2024 2 mins read
Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce the introduction of the Bybit Card in Argentina, allowing users to smoothly bridge the gap between digital finance and everyday transactions. Exciting welcome kits are being offered by Bybit Card to commemorate the debut. Users who apply for
July 9, 2024 1 min read
Amid a faltering cryptocurrency market, spot Bitcoin exchange-traded funds (ETFs) based in the US had their largest day of net inflows in over a month. Net inflows for the 11 ETFs totaled $295 million as of July 8. The net inflows across all funds have been positive for the first
July 9, 2024 1 min read
Halliday, the commerce automation network for modular chains, has announced the public launch of its network. With more than 26 partners thus far and support from prominent investors like Andreessen Horowitz and Hashed, the platform wants to make its technology available to a broad range of businesses and commerce apps.
July 8, 2024 2 mins read
Publicly traded companies in Japan are steadily increasing their Bitcoin holdings each week. Metaplanet bought 42.47 Bitcoins worth approx 2.42 million USD, to take advantage of the current Bitcoin price drop. Coincidentally, the purchase of Bitcoin occurred earlier today, just as its price plummeted below $54,500. At the time of
July 8, 2024 1 min read
Another contentious examination of Bitcoin (BTC) including the Exchange-traded Fund (ETF) has been produced by economist and proponent of gold, Peter Schiff. Schiff drew attention to the present trends in trading and the influx of Bitcoin ETFs. Stating that the “smart money” sells BTC on the spot market. Conversely, individuals
July 8, 2024 2 mins read
