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Circle’s USDC Stablecoin Surpasses Tether’s USDT in Transaction Volume


In the stablecoin market, Circle's USDC stablecoin made history by outpacing Tether's USDT in terms of transaction volume. This was based on information made public by Visa on April 29 as a result of their collaboration with Allium Labs. The post Circle’s USDC Stablecoin Surpasses Tether’s USDT...

Australian, Indonesian Tax Bodies Sign Agreement to Share Crypto Information


The tax authorities of Australia and Indonesia have signed a memorandum of understanding to share information on cryptocurrency. Under this agreement, both entities will exchange data on crypto assets and share knowledge to ensure adherence to tax obligations. Agreement Underscores Two Countries’...

Australia Now Has Over 1,000 Bitcoin ATMs: Report


Based on information released on April 24, 2024 by Coin ATM Radar, Australia joined the US and Canada as countries with more than 1,000 operational crypto-fiat ATMs, marking an important achievement as the third-largest host of Bitcoin ATMs. The post Australia Now Has Over 1,000 Bitcoin ATMs:...

Indonesia, Australia Authorities Ink Crypto Taxation Deal


Indonesia and Australia’s taxation authorities on Monday signed a pact in Jakarta to establish a crypto information-sharing arrangement. The post Indonesia, Australia Authorities Ink Crypto Taxation Deal appeared first on Cryptonews

Ripple’s legal council counters false information on social media


The legal council of Ripple, Stuart Alderoty, has countered the false information being circulated on social media. He has cleared the air on the issue of a pretrial with the Securities and Exchange Commission slated for the 16th of April, stating that there is no such agenda in the offing....

Norway’s New Data Center Law Raises Concerns for BTC Miners


According to a report on April 15, The Norwegian government is proposing a new legislation to control data centres across the country and oversee the operations of Bitcoin miners. According to the law, every data centre must register with the relevant authorities and submit comprehensive...

FBI Investigates Bitcoin Developer Event Linked to Luke Dashjr’s Hack


Mike Schmidt complied with an FBI subpoena to provide information on attendees at a developer event, as part of the investigation into the theft of Luke Dashjr's Bitcoins. The post FBI Investigates Bitcoin Developer Event Linked to Luke Dashjr’s Hack appeared first on Cryptonews

US Law Enforcement Arrests Mastermind of $1.2 Million MEV Rug Pull Scam


  The U.S. law enforcement authorities have arrested Robert Robb, a MEV bot engineer known as “pokerbrat” for allegedly masterminding a $1.2 million crypto rug pull scam. Robb was detained on March 20, according to a screenshot from the Detention Center Inmate information of the Henderson...

Ripple And SEC File Sealing Proposal In Forthcoming Remedies Brief


Ripple Labs and the U.S. Securities and Exchange Commission (SEC) agreed on March 19 to seal a proposal to address concerns about an upcoming remedies-related brief in their ongoing legal dispute. The proposal was submitted to the U.S. District Court for the Southern District of New York. It aimed...

Binance Receives Court Order to Release Nigerian Traders’ Data


A Nigerian court ordered Binance to furnish detailed information regarding all Nigerian traders on its platform to the Economic and Financial Crimes Commission (EFCC). The post Binance Receives Court Order to Release Nigerian Traders’ Data appeared first on Cryptonews

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