Binance assisted the Dutch authorities in an investigation that led to the seizure of millions of euros worth of assets and the arrest of a 26-year-old man in suspected online fraud, Dutch media outlet NOS reported.Luxury Cars and Cryptocurrency SeizedDutch authorities, alongside the tax investigation service Fiscal Information and Investigation Service...

The Federal Court has found BPS Financial Pty Ltd (BPS) guilty of engaging in unlicensed conduct concerning the 'Qoin Wallet', a non-cash payment facility utilizing a crypto-asset token known as 'Qoin.' The judgment was delivered by Justice Downes in proceedings brought by ASIC.Further Proceedings Ordered by the Court The court determined that BPS,...

Coinbase has released its first quarter report for 2024, showcasing a substantial 72% quarter-on-quarter increase in total revenue to $1.6 billion. This surge was accompanied by a notable net income of $1,176 billion, representing an increase of 1,588% YoY. This figure represents a turnaround from a net loss of $79 million in the same period last...

MoonPay has partnered with PayPal to introduce a crypto purchasing option for cryptocurrency app users in the US. This service enables users to use PayPal for transactions via wallet transfers, bank transfers, and debit cards. The integration promises to enhance the accessibility and convenience of buying and trading cryptocurrencies by bridging...

In a legal saga that has captured international attention, a Nigerian court has adjourned the money laundering trial against cryptocurrency exchange Binance and two of its executives until May 17. The decision came after a lawyer representing the exchange informed the court that he had not been served with the essential documents necessary to prepare...

Bitget has released its latest Proof of Reserves (PoR) report for April 2024, highlighting a Bitcoin reserve ratio of more than 335%. The cryptocurrency exchange also indicated significant growth in USDT and ETH user assets since January 2024. The latest report arrived more than a week after the Bitcoin halving event.Exceeding $2.7B in ReservesBitget's...