Binance exec trial will resume July 5 as family reports health problems
Though Nigeria’s tax authority dropped charges against two Binance executives in June, the pair will still face a trial for allegations of money laundering.
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Tether’s assets exceed liabilities in new reserves report by BDO
As of Dec. 31, 2022, Tether’s consolidated assets amounted to at least $67 billion, exceeding consolidated liabilities by at least $960 million. 881 Total views 9 Total shares Own this piece of history Collect this article as an NFTTether, the issuer of the world’s largest stablecoin by market value, has completed reserves attestation by major…

20M JavaScript devs can now build applications on NEAR: KBW 2022
“A student can build an app without needing to learn new languages without needing to learn new skills,” said NEAR founder Illia Polosukhin. 241 Total views 3 Total shares 20 million JavaScript developers will now have the ability to write blockchain smart contracts and build applications on the NEAR Protocol, after rolling out JavaScript Software…

VeChain launches blockchain platform to encourage carbon data reporting
VeChain has announced a new blockchain initiative designed to help businesses openly track and report their carbon emissions data. 1314 Total views 96 Total shares Supply chain management platform VeChain has announced a new service for combining businesses to overhaul their carbon footprint data management practices.The new service, detailed in a Medium post on Thursday,…

Top 5 cryptocurrencies to watch this week: BTC, SOL, LTC, LINK, BSV
Bitcoin (BTC) plummeted to $17,622 on June 18. This marked the first time in Bitcoin’s history that it has fallen below its previous cycle high. The United States Federal Reserve’s aggressive monetary tightening, a crisis at crypto lending platform Celsius and liquidity issues at investment fund Three Arrows Capital are creating a sense of panic…

UK politicians say cryptocurrency is ‘not an investment’
The head of the FCA said the agency is expecting new powers for regulating crypto advertisements. 335 Total views 32 Total shares Members of Parliament (MPs) in the United Kingdom have called upon the Financial Conduct Authority (FCA) to limit the use of the word “invest” and “investment” by cryptocurrency firms for promotional purposes.According to…

Arbistar class action lawyer calls for CEO to be detained ahead of trial
“It is unacceptable that in the face of a scam like this there hasn’t been a strong reaction on the part of the judicial authorities.” 678 Total views 7 Total shares A lawyer representing users in one of four class-action lawsuits against Spain-based crypto trading bot developer Arbistar is calling for authorities to take “forceful”…

South Korea fastracks 20% tax on Bitcoin and crypto profits to 2022
After much back and forth, South Korea appears to have finally set a hard date for the dawn of cryptocurrency taxation. 3587 Total views 18 Total shares South Korea will implement a 20% tax on Bitcoin (BTC) and cryptocurrency profits starting Jan. 1, 2022. The nation’s Ministry of Economy and Finance announced that profits made…

El Salvador’s Bitcoin Law: Understanding alternatives to government intervention
Last year, El Salvador dominated headlines as the first country to adopt Bitcoin as legal tender. The move is controversial both in and outside of the country, heralded for its potential to bring financial services to large portions of El Salvador’s unbanked population and criticized for its top-down implementation. This has created a sense of…