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Philippines Securities Regulator Requests Apple and Google to Remove Binance Apps – Regulation Bitcoin News

April 24, 2024

The Securities and Exchange Commission (SEC) of the Philippines has requested that tech giants Apple and Google remove Binance apps from their respective app stores. The SEC chairman stated that the blockade on Binance, coupled with the removal of its app, curbs the further spread of its unlawful activities in the country. Binance Apps Pose Threat to Security of Filipinos’ Investment Funds The…

Venezuelan State Oil Company to Accelerate USDT Adoption for Settlements; Tether Vows to Uphold OFAC Sanctions – Bitcoin News

April 24, 2024

PDVSA, the state-owned Venezuelan oil company, would be preparing to migrate more of its payments portfolio to USDT, a dollar stablecoin, to avoid being affected by the restitution of U.S. sanctions. Reuters reported that the company started receiving payments in USDT last…

Ripple Asks Court to Reject SEC's $2 Billion Penalty Request in XRP Case – Legal Bitcoin News

April 24, 2024

Ripple Labs has filed its opposition to the request by the U.S. Securities and Exchange Commission (SEC) for the company to pay $2 billion in fines in the XRP case. “The SEC’s draconian remedial requests are ungrounded in law or principle. This court should reject them…

Bitcoin.com Announces Launch of Verse Voyager NFTs With Exclusive Airdrop — Public Sale to Start April 24

April 18, 2024

Bitcoin.com, a trailblazer in the cryptocurrency domain since 2015, is thrilled to unveil the highly anticipated Verse Voyager NFT collection, which has officially launched with an exclusive airdrop of nearly 10% of the collection’s supply to early community participants. The public sale is scheduled to commence on April 24th at https://voyager.verse.bitcoin.com/, making this innovative series…

27% of Ethereum Now Staked: $98 Billion Committed as Interest Peaks

April 18, 2024

Recent data reveals that over 27% of all ether, amounting to 32,472,720 ethereum, is currently staked, as interest in this activity has heightened significantly within the past year. Liquid staking derivative (LSD) protocols have locked in more than $40 billion, with Lido…

Magic Eden Surges to Top Spot in NFT Market, Records Stellar $756M Trading Volume in March

April 18, 2024

Magic Eden, a Solana-based NFT marketplace, achieved its highest monthly trading volume in March, outpacing Blur with a 194.4% increase to $756.5 million, attributed to its Diamond reward program and support for creator royalties. This surge led Magic Eden to become the top…

Binance Executive Located in Kenya After Escaping Nigerian Custody

April 16, 2024

Nadeem Anjarwalla, the executive from Binance who escaped custody in Nigeria, has reportedly been found in Kenya. Law enforcement agencies in Nigeria, spearheaded by the Economic and Financial Crimes Commission (EFCC), are in talks with their Kenyan counterparts about Anjarwalla’s extradition. Nigerian Authorities Want Nadeem Anjarwalla Extradited According to a report, Nadeem Anjarwalla, a…

Nebraska Man Faces 50 Years for Multi-Million Dollar Cryptojacking Scheme

April 16, 2024

United States prosecutors have charged Charles O. Parks III with wire fraud and money laundering after he allegedly ran a “large-scale illegal ‘cryptojacking’ operation,” defrauding two cloud computing providers out of $3.5 million to mine $970,000 in…

Bank of Russia Supports Cryptocurrency Usage for International Settlements

April 16, 2024

The Bank of Russia has announced that it will support accelerating the adoption of cryptocurrency payments for international settlements. According to Elvira Nabiullina, governor of the Bank of Russia, these crypto-based payments must be launched in a sandbox-style…

Solana Developers Test Congestion Fixes in Testnet, Introduce Measures to Prioritize Traffic – Altcoins Bitcoin News

April 15, 2024

Anza, a collective of developers focused on the Solana blockchain, has produced a fix that aims to reduce the congestion that the network has been experiencing. The new version of Solana, now being tried in testnet, includes a feature called stake-weighted quality of service (SWQOS), that prioritizes transactions from higher quality validators. Solana Gears up to Fight Congestion, Passes Fixes to…