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.
KikyoSNL jokes about Trump's "de-banking," but many face serious financial exclusion with sudden account closures, impacting cryptocurrency users too. Calls for reform rise amid concerns over transparency and fairness.
Huang BoAs the dust settles on a momentous week for the cryptocurrency industry, what will be the lasting consequences?
JinseFinanceInscriptions, BTC, Luke’s “conspiracy” to restrict inscriptions failed? The market is calling for a new interpretation of Bitcoin L2. Golden Finance, does the inscription expose the "flaws" of Bitcoin?
JinseFinanceMontenegro's Appellate Court overturned Do Kwon's extradition approval, citing legal procedural issues.
EdmundA recent study by CoinGecko has shed light on the harsh reality facing Web3 games, revealing that a substantial 70% of games launched in 2023 have faced failure.
AaronThrough the assessment, it reveals that even the highest-scoring model amongst foundation model developers attained only 54 out of 100 points, underscoring the industry's fundamental lack of transparency.
JoyAfter reports hinting at potential user fees being introduced on X, Elon Musk stepped forward to refute the allegations, asserting that there are no plans to introduce fees for all users.
CatherineIn its bankruptcy filing, BlockFi claimed more than 100,000 creditors, and liabilities ranging from $1 billion to $10 billion.
OthersV God said that Meta started too early in metaverse innovation because "it's too early to know what people want."
CointelegraphUntil a few days ago, Terra was considered one of the most promising projects.
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