Binance, the leading cryptocurrency exchange in the world, is currently grappling with rising regulatory hurdles in various countries, including India. The Financial Intelligence Unit in India recently slapped Binance with a hefty fine of 188.2 million Indian Rupees, equivalent to approximately $2.2 million, for failing to comply with the country’s Anti-Money Laundering regulations. According to
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NVIDIA, once considered the darling of Wall Street, has now become the world’s largest company in terms of market capitalization, surpassing giants like Microsoft. In the past 24 hours, NVIDIA’s stock price has seen a significant increase of approximately 3.5%, showcasing its dominance in the market. The company’s stock performance in 2024 has been nothing
Cryptocurrency exchanges are no strangers to security breaches and hacks, but what happens when the hackers are playing the role of the “good guys”? The recent incident involving an undisclosed white-hat hacker group and Kraken exchange sheds light on the ethical implications of exploiting vulnerabilities for personal gain. According to Kraken’s chief security officer, Nick
APhone has made waves in the tech industry with the launch of its decentralized app store, AppNest. This platform aims to revolutionize the way users access and manage applications, challenging the dominance of Apple and Google in the mobile app market. By offering a free and open approach to developers, AppNest eliminates the need to
When it comes to traveling with cryptocurrency, the first and most important step is to ensure the security of your digital wallet. Safeguarding your private keys and seed phrases is crucial to protect your assets from potential threats and hacks. By following best practices for wallet security, such as using hardware wallets and multi-signature wallets,
The blockchain gaming industry is on the brink of a significant transformation with the upcoming integration of zero-knowledge Ethereum Virtual Machines (zkEVM) into Ronin, the Ethereum sidechain network used for Axie Infinity. This incorporation, aided by the Polygon Chain Development Kit (CDK), is poised to revolutionize the scalability and efficiency of the network, granting developers
In a recent report, it was revealed that Montenegrin Prime Minister Milojko Spajić was among the early investors in Terraform Labs. He reportedly invested $75,000 in April 2018, acquiring 750,000 Luna tokens. This investment proved to be quite lucrative initially, with the tokens peaking at a value of $90 million. However, the project ultimately failed
A federal high court in Nigeria recently made a decision to dismiss a human rights lawsuit filed by Binance executive Nadeem Anjarwalla against the country’s National Security Adviser and the Economic and Financial Crimes Commission. The court cited Anjarwalla’s lack of legal representation as the reason for the dismissal. This decision was anticipated, especially after
Recently, blockchain security firm CertiK made headlines after discovering a critical vulnerability in the deposit system of popular crypto exchange Kraken. The discovery led to a series of events, including allegations of extortion and threats from Kraken towards CertiK employees. The situation escalated quickly, eventually prompting CertiK to go public with its findings and account
Cryptocurrency analyst and trader Tyler Durden recently expressed his bullish sentiment towards Ethereum (ETH), suggesting that the rise of ETH to $10,000 was inevitable. In a post on X (formerly Twitter), Durden referred to Ethereum to $10,000 as the “most asymmetric bet” in the crypto market today. Despite any personal feelings towards the crypto token,
