LocalMonero Closes Amid Declining Crypto Privacy Services
Peer-to-peer trading platform for privacy coin Monero has shut down its services effective immediately, adding to recent crypto closures. Monero, a platform for peer-to-peer trading of privacy coins, has ceased operations immediately following the recent arrests and closures of crypto privacy services. LocalMonero announced on May 7 that, effective immediately, all advertisements and new registrations […]
Nigerian Government Requests $150 Million Bribe, Binance CEO Exposes
Binance CEO, Richard Teng claims Nigerian officials demanded $150M in bribes to halt legal action against executives; denies payment. On Tuesday, Binance, the largest cryptocurrency exchange in the world, disclosed that Nigerian government officials demanded $150 million in bribes in exchange for acquittal in the legal proceedings against Binance executives Tigran Gambaryan and Nadeem Anjarwalla. […]
ATO Reportedly Seeks Data from 1.2M Crypto Exchange Users
The Australian Tax Office (ATO), in seeking to crack down on crypto tax obligations, collects personal information and transaction details from over 1.2 million crypto exchange users. Reuters obtained a notice from the Australian Taxation Office (ATO) last month stating that the data will assist in identifying merchants who may still need to remit their […]
Revolut Launches Crypto Exchange for UK Users
Revolut launched a new dedicated crypto trading platform for UK retail users dubbed Revolut X. Revolut, a global neobank and fintech company, has made a significant foray into cryptocurrencies by covertly launching a specialized trading platform for retail clients in the United Kingdom. Targeting a particular demographic, Revolut introduced Revolut X on May 7. According […]
Binance Plans To Remove BTC, ETH, & USDT Pair
Binance, the top cryptocurrency exchange, has announced the removal of a specific pair for Bitcoin (BTC), Ethereum (ETH), & USDT, urging users to act before the deadline. With its recent declaration that it will no longer support a particular pair of Bitcoin, Ethereum, and USDT on its platform, the leading cryptocurrency exchange, Binance, has sparked […]