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FTX Creditors Risk 30-40% Tax Loss on Stablecoin Distribution Plan Via BitGo & Kraken

The collapsed cryptocurrency exchange FTX's debt distribution plan has raised significant concerns among creditors due to potentially severe tax implications.  As reported by Sunil on...
Crypto News

Gate.io Launches Yubibao Finance Product Set To Offer 100-200% Returns

Gate.io has marked a significant expansion of its financial services with the introduction of Yubibao, a regular financial management feature launching with substantial promotional...
Crypto News

India’s Capital City High Court Asks Govt Agencies to Clarify on BitBNS Crypto Exchange Crisis

The High Court of the Indian capital city Delhi is seeking a response from top government organizations regrading the BitBNS crisis. According to local...
Crypto News

Dar Open Network Token $D Drops More Than 15% After Binance Futures Announces Perpetual Contract Listing

On January 9th, Binance’s highly anticipated listing of Dar Open Network ($D) across multiple services failed to provide the usual price boost. Historically, tokens...
Crypto News

Binance Achieves Record-Breaking Growth In 2024 With Trading Volumes Exceeding $100 Trillion

Binance concluded 2024 on a high note, achieving unparalleled milestones and setting new standards in the digital finance sector. The platform announced a remarkable...
Crypto News

US CFTC Issues Subpoena Targeting Coinbase in Bid to Uncover Polymarket Data

US CFTC has issued a subpoena targeting one of the biggest crypto exchange Coinbase. According to information posted on the X platform by Eric.eth,...
Crypto News

Crypto.com Eyes Banking Pillar Development in 2025, Aims At More Cash Accounts Enhancements

Cypto.com announced on January 8th that it will be focusing on its Banking pillar in 2025. One of the biggest crypto platforms, Crypto.com has...
Crypto News

Kazakhstan Cracks Down On More Than 3,500 Illegal Crypto Exchanges Amid Efforts To Expand Legal Framework

Kazakhstan has intensified its crackdown on illegal cryptocurrency exchanges, blocking more than 3,500 platforms that were operating unlawfully.  Earlier today, on January 8th, the announcement...
Crypto News

WeMade Faces $11M Lawsuit Over Unpaid Crypto Bonuses From Employees

South Korean gaming giant WeMade, known for creating the WEMIX cryptocurrency, is currently embroiled in a significant legal battle with 27 current and former...
Crypto News

Blockchain Browser and Search Engine Roam to Shut Down and Join Coinbase

Blockchain browser and search engine Roam has announced the it will merge with Coinbase. According to the official announcement, Roam declared that its products...
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