BitoGroup Partners with Bankee to Launch Crypto Friendly Bank Account
BitoGroup collaborates with Far Eastern International Bank ‘Bankee’ to launch the world’s first dedicated crypto-friendly bank account. BitoGroup, the parent company of the Taiwanese cryptocurrency exchange BitoPro, has partnered with the regional digital bank Far Eastern International Bank Bankee to handle fiat transactions between the exchange’s clients and banks. BitoGroup CEO Titan Cheng stated in […]
Italy Considers $5.4m in Penalties for Crypto Insider Trading
According to reports, Italy is thinking about raising the penalties for cryptocurrency offenses in an effort to lessen market manipulation. Reuters has discovered that Italy’s government is considering more severe sanctions for individuals manipulating the cryptocurrency market, citing a draft decree. If the proposed legislation is enacted, it will impose punishments for crimes like insider […]
Tron Price Rally Continues as USDT Transactions Rises
Tron’s price has increased for the past three days as on-chain data indicates that its ecosystem is operating well. On Friday, TRX surged to $0.1185, its highest monthly level. From its lowest point this month, it has increased by more than 7.65% as other altcoins like Ether, Solana, and Pepe have declined. The 24-hour trading […]
Ledger Warns of New ‘Address Poisoning’ Scam
Ledger used X to explain how an “address poisoning” scam targets cryptocurrency users. Scammers can “poison” a user’s wallet by sending a little amount of cryptocurrency or an NFT that looks like a voucher. This technique is known as address poisoning. The intention is to fool users into returning the voucher and copying the scammer’s […]
US Lawmakers Visit Binance Executive in Nigerian Jail
Representatives Chrissy Houlahan and French Hill of the United States have demanded that Tigran Gambaryan be freed from prison in Nigeria. The Binance executive is presently being charged with major money laundering, allegedly because of his affiliation with the international cryptocurrency exchange Binance. Hill said Gambaryan had lost weight and was not receiving proper medical […]