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World News

A collection of 365 issues

Australian Regulator Requests Data on 1.2 Million Cryptocurrency Exchange Customers to Combat Tax Evasion

In an unprecedented move, the Australian Taxation Office (ATO) has mandated that cryptocurrency exchanges provide detailed customer data for 1.2 million users. This request, reported by Reuters, is part of the regulator's ongoing efforts to clamp down on tax evasion associated with digital asset transactions. The ATO's directive is

Robinhood Receives "Wells Notice" from SEC, Faces Potential Lawsuit Over Crypto Asset Classification

Robinhood, a major player in the cryptocurrency and financial services industry, has been formally alerted by the U.S. Securities and Exchange Commission (SEC) regarding a potential lawsuit following an extensive review. The SEC delivered a "Wells Notice" to Robinhood, indicating that after their investigation, the regulatory body's staff has

The Open Network Clarifies: No Plans to Release a Web3 Smartphone Amidst Market Speculations

The tech community often buzzes with speculation about new gadgets and innovations, especially those related to cutting-edge technologies like blockchain. However, not every rumor turns out to be true. Recently, The Open Network (TON), a nonprofit organization, made it clear that they are not venturing into the smartphone market, contradicting

Former FTX Europe Executive Buys $1.5 Million Gold Watch Owned by Titanic Victim, Wealthy American Magnate John Jacob Astor IV

In a dramatic display of wealth and historical fascination, Patrick Grün, the former head of FTX Europe, has captured media attention after acquiring a 14-karat gold watch once owned by John Jacob Astor IV, the richest passenger aboard the ill-fated Titanic, for $1.5 million. This transaction occurred at an

USDC Surpasses USDT as the Leading Stablecoin in Transaction Volume According to Visa's April 2024 Data Analysis, Highlighting Its Growing Dominance in the Market

In a recent revelation by Visa, the USDC (USD Coin) stablecoin has taken the lead in transaction volumes among stablecoins, notably surpassing USDT (Tether). April 2024 saw USDC achieving a significant milestone with a transaction volume exceeding $1.69 trillion, starkly higher than its closest competitor, USDT, which recorded a

Independent Miner Strikes Gold: Solo Mining Effort Yields 3.125 BTC in a Remarkable Display of Cryptocurrency Acquisition

In the ever-evolving world of cryptocurrency, an independent miner recently made headlines by successfully mining a bitcoin block, earning an impressive reward of 3.125 BTC. This event occurred on April 28, 2024, marking a significant achievement for solo miners who operate outside the more common mining pools. The miner,

FBI Warns U.S. Citizens About Risks Associated with Cryptocurrency Payments, Advises Avoidance of Non-KYC Compliant Services

On April 25, 2024, the Federal Bureau of Investigation (FBI) issued a critical alert to U.S. citizens regarding the use of unregistered cryptocurrency payment platforms. This announcement highlights the potential risks and legal consequences associated with engaging in transactions through services that do not comply with financial regulatory standards,

Indian Smartphone Exports to Russia Surge to Record $36 Million in February 2024

In a significant boost to bilateral trade relations, February 2024 witnessed Indian smartphones emerging as the top export commodity to Russia, with shipments reaching an unprecedented $36 million for the month. This report, citing data from India's Ministry of Commerce and Industry, highlights a monumental 12-fold increase in smartphone exports

Canadian Supreme Court Approves Class Action Against Binance for Alleged Unauthorized Securities Sales

In a significant legal development, the Ontario Supreme Court has granted approval for a class action lawsuit against the cryptocurrency exchange Binance. The suit, initiated by investors Christopher Lochan and Jeremy Leader along with others affected, alleges that Binance engaged in the sale of securities without the necessary licensing, breaching

Binance Co-founder Yi He Comments on CZ's Current Situation in the U.S., Describing It as Predominantly Peaceful and Optimistic

Binance co-founder Yi He recently addressed concerns regarding the legal status of the company's former CEO, Changpeng Zhao, known as CZ, in the United States. In her statement, Yi He dispelled doubts and shed light on CZ's current demeanor and the general atmosphere surrounding his legal challenges. According to Yi