Court Reschedules Sentencing of Former Binance CEO Changpeng Zhao

Digital illustration of a courtroom with a gavel and scales of justice, a digital cryptocurrency background, and the Binance logo, symbolizing the rescheduled sentencing of former Binance CEO Changpeng Zhao.

Seattle, WA (February 14, 2024) – Changpeng Zhao (CZ), the former CEO of Binance, has had his sentencing postponed from February 23rd to April 30th, 2024. Zhao, who admitted guilt for not enforcing anti-money laundering (AML) procedures, will now be sentenced later, as decided by US District Judge Richard Jones in Seattle. The judge did … Read more

Going Global: Ripple Expands Crypto Empire with Standard Custody Acquisition

An illustrative image depicting a large golden cryptocurrency coin with the Ripple logo centered above a futuristic cityscape. A group of people stand on a platform, gazing up at the coin, which is surrounded by a radiant blue light.

In a nutshell, the blockchain company behind XRP, Ripple, has just announced it’s buying Standard Custody & Trust Company, the platform for safely storing digital assets. This is an attempt to make crypto more appealing to the universe of big institutions, including, of course, banks and investment firms. Here’s the gist: It is a significant … Read more

New Zealand Central Bank Governor Warns Stablecoins are “Not Stable”

Wellington, New Zealand – New Zealand’s central bank governor, Adrian Orr, has issued a strong warning about cryptocurrencies, particularly stablecoins, stating they are not a reliable alternative to traditional fiat currencies. During a parliamentary committee meeting on February 12, 2024, Orr called stablecoins “the biggest misnomers” and “oxymorons,” highlighting concerns about their stability and potential … Read more

Cryptocurrency Whale Accumulates $83.6 Million in LINK, Sparking Speculation

cryptocurrency whale accumulating $83.6 million in Chainlink (LINK) news

February 12, 2024: The cryptocurrency market is abuzz with speculation after a mysterious entity, dubbed a “whale” due to the size of their holdings, snapped up $83.6 million worth of Chainlink (LINK) tokens in the past five days. Details of the Purchase: Possible Motivations: While the identity and intentions of the buyer remain unknown, several … Read more

No 1% TDS & 30% VDA Taxes: Pi42 Groundbreaking INR-Trading Platform Hits the Market!

Image of a graphic with text claiming Pi42 has no fees, taxes, or trading fees, and allows loss setoffs.

Hey there, crypto lovers in India! Guess what? There’s a new game-changer in town called Pi42, and it’s here to make your crypto trading life a breeze. 🎉 Imagine this: trading your favorite cryptocurrency without the headache of dealing with foreign currencies or those annoying conversion rates. That’s right, with Pi42, you can trade perpetual … Read more