Gelephu Mindfulness City (GMC) in Bhutan has added Bitcoin, Ethereum, and Binance Coin to its strategic reserves to strengthen its economy and embrace digital assets. The move follows the introduction of new laws to regulate digital asset services and is part of Bhutan's broader strategy to expand its role in the cryptocurrency market.
AnaisBinance has not yet decided on its new global headquarters due to complexities like tax laws and talent acquisition challenges. Legal troubles, including Changpeng Zhao's legal issues and a $4.3 billion fine, have led Binance to restructure its leadership and adopt better governance strategies.
WeatherlyBitcoin has reached a new all-time high, surpassing $100,000, while CZ remains unaffected by the surge, holding onto the same amount of Bitcoin. Binance Coin (BNB) also hit a record high, but CZ’s focus remains on Bitcoin’s long-term value rather than its fluctuating price.
WeatherlyIndian authorities uncovered $97 million in unpaid GST from crypto exchanges, with Binance owing $85 million. The government is cracking down on tax evasion, while Binance faces mounting global challenges, including regulatory issues in multiple countries.
WeatherlyCZ’s recent Toy Story meme has sparked speculation about Binance’s future, with many linking it to potential BNB institutional adoption or a BNB-based ETF. Meanwhile, BNB’s price surged to a new all-time high of $776.80, reflecting its growing market influence as altcoins, including BNB, gain momentum.
WeatherlyThe FTX bankruptcy estate claims SBF’s $1.76 billion repurchase deal with Binance in July 2021 was a fraudulent transfer due to FTX’s insolvency. The lawsuit seeks to recover billions for FTX creditors, alleging the transaction was fraudulent.
KikyoFormer Binance CEO, CZ (real name Changpeng), told Bloomberg that he had received multiple offers from buyers who are willing to offer him a high price to buy his shares in Binance.
XingChiBinance and its former CEO, Changpeng Zhao, are pushing to dismiss the SEC’s amended complaint, arguing that the regulator’s approach to crypto lacks clarity and consistency. Binance claims the SEC's broad interpretation of crypto assets as securities is confusing and unfairly applied.
WeatherlyChangpeng Zhao, founder of Binance, made his first public appearance since his prison release at the Binance Blockchain Week in Dubai, discussing his reflections on his incarceration and future plans. He expressed a renewed appreciation for personal connections, a commitment to education, and intentions to invest in emerging sectors while remaining optimistic about the future of cryptocurrency.
JoyFormer Binance CEO CZ's first tweet after his prison release sparked attention, briefly mentioning future plans and enjoying freedom. BNB surged to a monthly high but quickly reversed, declining along with the broader crypto market.
KikyoFerrari now accepts Dogecoin for purchasing luxury cars in the US, marking a milestone in cryptocurrency's mainstream adoption. This move reflects a growing trend of businesses adapting to consumer demand for digital payment options, with Dogecoin gaining traction beyond its meme origins.
WeiliangCircle has decided to stop supporting USDC on the TRON blockchain due to risk management concerns, possibly influenced by allegations of TRON's involvement in terrorism financing. Despite this, TRON's cryptocurrency, TRX, continues to perform well in the market.
MiyukiCircle discontinues USDC on Tron, citing risk management, impacting USDC holders and Tron's DeFi ecosystem. Options for transfer to supported networks provided amidst regulatory concerns and strategic shifts.
AlexSky Mavis announces Kaidro, an anime-style RPG on Ronin blockchain, featuring collaborative gameplay, a planned TV series, and Web3 fan engagement through NFT ownership.
BrianApple's PQ3 in iOS 17.4 introduces quantum-resistant encryption for iMessage, enhancing security against future quantum computing threats, and setting new industry standards for messaging app privacy.
MiyukiCitrea aims to integrate zero-knowledge rollups with Bitcoin, enhancing its scalability and utility, backed by a $2.7 million seed round led by Galaxy Ventures.
WeiliangGreg Solano becomes CEO of Yuga Labs, focusing on creativity, partnerships, and advancing the BAYC and Otherside projects, promising a renewed vision and market positivity around BAYC's future.
AlexSam Bankman-Fried faces legal complexities, waiving right to conflict-free representation, as sentencing looms following FTX’s downfall and his fraud conviction.
BrianDo Kwon, Terraform Labs' co-founder, faces extradition to the U.S. for charges related to a "multi-billion dollar crypto asset securities fraud" following the 2022 UST collapse.
MiyukiGyeonggi Province, South Korea, implements an electronic system to swiftly identify and tax cryptocurrency tax evaders, recovering $4.6 million in owed taxes, setting a precedent in digital asset regulation.
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