The IRS Criminal Investigation Division has released its Fiscal Year 2024 report, revealing significant focus on financial crimes, particularly involving cryptocurrency. Notably, a U.S. taxpayer has pled guilty to tax evasion related to crypto sales, and Binance, the largest cryptocurrency exchange, has entered a historic $4 billion settlement for failing to prevent money laundering. The ...
The IRS Criminal Investigation division released its Fiscal Year 2024 report, highlighting recent efforts against tax evasion and financial crimes, especially in the cryptocurrency sector. Among significant developments, a U.S. taxpayer has pleaded guilty to tax evasion linked to cryptocurrency, and Binance Holdings settled a major case for $4 billion. The IRS has also initiated ...
At the Bitcoin MENA 2024 event, Binance CEO Changpeng Zhao suggested that Bitcoin could one day exceed gold’s Market capitalization, which is estimated to be around $16 trillion. He highlighted Bitcoin’s advantages, such as its fixed supply, ease of transfer, and transactional efficiency, in contrast to gold’s uncertain supply. If Bitcoin’s value reaches this goal, ...
In the last 24 hours, the cryptocurrency Market faced a major downturn, resulting in over $588 million in liquidations. XRP led the losses with more than $69 million, followed closely by Bitcoin and Ethereum, which saw liquidations of $60 million and $57.94 million, respectively. XRP’s price dramatically fluctuated, hitting a seven-year high before dropping. Bitcoin’s ...
 "Binance denies liability for WazirX’s recent cyber attack, citing lack of ownership and distancing itself from the compromised platform.")
Binance, the global cryptocurrency leader, has clarified its lack of responsibility regarding the recent cyber attack on the Indian crypto exchange WazirX. In a blog post, Binance asserted that it does not own or operate WazirX, despite previous claims of an acquisition. The attack, which resulted in the theft of over $230 million, led WazirX ...
Curious about the next big move in the crypto world? After Binance’s recent listing of a promising cryptocurrency spurred an astonishing 600% rally, investors and enthusiasts are eagerly asking, “What’s next?” In this insightful piece, we delve into expert predictions and Market strategies to help you navigate the evolving crypto landscape. Stay tuned to uncover ...
Bitcoin’s price is fluctuating as a result of a battle between two major players in the cryptocurrency world, Binance and Coinbase. According to Quant, a leading financial analytics firm, the price of Bitcoin is directly tied to the competition between these two platforms. Stay tuned for more updates on this developing story. Click to Claim ...
Cryptocurrency exchange Binance has secured registration with the Indian Financial Intelligence Unit (FIU). This marks a significant milestone for the platform as it continues to expand its presence in the Indian Market. The registration will enable Binance to operate legally within the country and comply with regulatory requirements. Click to Claim Latest Airdrop for FREE ...
