Binance Executive Pleads for Help in Nigerian Court

September 3, 2024

Gambaryan, detained since February, struggled to walk after being denied a wheelchair by prison authorities ABUJA, Nigeria, Tuesday, September 03, 2024- Tigran Gambaryan, the top executive at cryptocurrency exchange Binance, pleaded for help in an Abuja courtroom on Monday, citing severe health problems, reports said.   Reports said that Gambaryan, detained since February, struggled to […]

BlackRock Gains $1.1B as Bitcoin Hits New High

November 8, 2024

New York, Friday, November 08, 2024-BlackRock attracted over $1.1 billion in inflows to its spot Bitcoin ETF (IBIT) as Bitcoin surged to new heights. On November 7, IBIT led the US market with approximately 82% of total inflows to spot Bitcoin ETFs, which collectively amassed $1.34 billion, according to Farside data. Bitcoin nearly hit $77,000, […]

China Includes Virtual Asset Into Its Anti Money Laundering Law

August 22, 2024

BEIJING, China, Thursday, August 22, 2024- China has officially recognized virtual asset transactions as potential vehicles for money laundering, expanding its anti-money laundering (AML) laws to cover these activities. The Supreme People’s Court and the Supreme People’s Procuratorate announced the new interpretation of AML laws on August 19. The announcement can be reached here. This […]

China’s Advisers Urge 5% Growth Target for 2025, Stronger Stimulus

November 22, 2024

Catenaa, Friday, November 22, 2024- Chinese government advisers have recommended setting a 5% economic growth target for 2025, proposing robust fiscal stimulus to counter the potential impact of U.S. tariffs under President-elect Donald Trump. Four out of six advisers favor the 5% goal, while others suggest slightly lower targets. The proposals will be discussed at […]

Coinbase CEO to Meet Trump Over Key Personnel Appointments

November 20, 2024

Catenaa, Wednesday, November, 2024-Brian Armstrong, CEO of Coinbase, is scheduled to meet with President-elect Donald Trump on Monday, November 25, to discuss potential appointments for key government positions, according to a report by The Wall Street Journal. The discussions come as Trump considers nominations for Treasury Secretary and Securities and Exchange Commission (SEC) chair, roles […]

DOJ Alleges Russian Funding Behind Tenet Media Group

September 11, 2024

New York, Wednesday, September 11, 2024- The Department of Justice (DOJ) had alleged last week a Kremlin-orchestrated influence operation funneled $10 million to Tenet Media, a US-based company linked to right-wing commentators. The DOJ says, the company tied to online personalities with millions of followers, is allegedly funded to push pro-Russian narratives, including support for […]

IBM Layoffs Shake Chinese Tech Community

August 28, 2024

Beijing, China, Wednesday, August 28, 2024- IBM has announced significant layoffs at its research and development teams in China, sending shock waves through the local tech community. Over 1,000 employees across Beijing, Shanghai, and Dalian are expected to be affected by the closures of the China Development Lab and China Systems Lab. The decision comes […]

Telegram CEO Indicted in France on Exploitation and Drug Charges

August 29, 2024

PARIS, Thursday, August 29, 2024- — Telegram CEO Pavel Durov who was arrested last week in France, was indicted by a French court yesterday (Wednesday) on charges including “complicity in the spread of sexual images of children” and drug trafficking, Bloomberg reported. Durov, who was taken into custody earlier in the day as part of […]

Trump Family Expands Crypto Efforts with DeFi & NFTs

September 2, 2024

New York, Monday, September 02, 2024- Presidential candidate Donald Trump, along with his family and associates, is deepening his involvement in the cryptocurrency world, with a new focus on decentralized finance (DeFi) and non-fungible tokens (NFTs). Recently, Trump has been promoting World Liberty Financial, a DeFi project aimed at eliminating traditional financial intermediaries like banks. […]

Trump Taps Crypto Advocate Howard Lutnick as Commerce Secretary

November 21, 2024

Catenaa, Thursday, November 21, 2024- President-elect Donald Trump on Novermber 19, announced Howard Lutnick, the CEO of Cantor Fitzgerald, as his nominee for Secretary of Commerce. Lutnick, known for his outspoken support of Bitcoin and the cryptocurrency industry, has been a strong advocate for digital assets. His firm, Cantor Fitzgerald, has managed Tether’s U.S. Treasury […]

Venezuela Blocks Binance Access Amid Inflation and Unrest

August 14, 2024

CARACAS, Venezuela, Wednesday, August 13, 2024-  Venezuela has blocked access to Binance, the world’s largest cryptocurrency exchange by volume, amid a wave of civil unrest and soaring inflation following a contentious presidential election. The disruption has sparked concern among Venezuelan crypto users, who rely on such platforms as a hedge against the country’s volatile economic […]