Cristiano Ronaldo Faces $1 Billion Lawsuit Over Binance NFT Promotion, Potential $750,000 Settlement

by Александр Пирогов | Dec 1, 2023 | Blog News

Cristiano Ronaldo is embroiled in a $1 billion lawsuit, accused of promoting Binance’s unregistered securities and illegal operations in the United States. The lawsuit alleges Ronaldo’s celebrity endorsement contributed to driving traffic and investors to...

Swiss Crypto Bank SEBA Bank Rebranded to AMINA

by Александр Пирогов | Dec 1, 2023 | Blog News

In Brief: Swiss crypto bank SEBA Bank AG undergoes a significant rebranding, now known as AMINA Bank AG. Authorized by FINMA to provide banking services since 2019, the move represents a strategic shift in the company’s growth and vision. Franz Bergmueller, CEO...

November Marks Record-Breaking Crypto Theft: $363M Lost to Scams, Hacks, and Exploits

by Александр Пирогов | Dec 1, 2023 | Blog News

November emerges as the cryptocurrency industry’s most “damaging” month, witnessing a staggering $363 million lost to crypto thievery, scams, and exploits, reports a blockchain security firm. Exploits alone accounted for $316.4 million, while flash...

“IOTA Surges 43% Following Registration of Ecosystem Foundation in Abu Dhabi”

by Александр Пирогов | Nov 30, 2023 | Blog News

The IOTA token experiences a 43% surge after the registration of the IOTA Ecosystem DLT Foundation in Abu Dhabi. With a funding commitment of $100 million worth of tokens vested for four years, this foundation claims to be the first of its kind registered under Abu...

Brazil Senate Approves Tax on Crypto Gains Held Outside the Country

by Александр Пирогов | Nov 30, 2023 | Blog News

The Brazil Senate approves new income tax rules, likely requiring Brazilians to pay up to a 15% tax on income derived from cryptocurrencies held on exchanges outside the country. The bill, expected to be approved by President Luiz Inácio Lula da Silva, sets the...

U.S. Treasury Advocates Expanded Sanctions on Crypto Companies

by Александр Пирогов | Nov 30, 2023 | Blog News

The U.S. Treasury is developing new sanctions tools to combat illicit activities in the cryptocurrency sector, with recent actions against Binance and Sinbad. The initiative aims to prevent crypto use in terrorism and money laundering, prompting a push to update...