In 2023, Binance generated revenues exceeding $20 billion in Nigeria; however, the company has not paid taxes, a government minister disclosed. The Nigerian official also seemed to refute U.S. lawmakers’ claims that Tigran Gambaryan, an imprisoned Binance executive, is being held hostage by his government. Tigran Gambaryan Detained on Allegations of Contributing to Naira Depreciation […] Source: https://news.bitcoin.com/nigerian-minister-binance-fails-to-pay-taxes-on-over-20-billion-turnover/
Month: June 2024
Bitcoin Lightning Network and Layer 2 Scaling Could Be ‘Abused by Criminals’, Says EU
A new report from the EU has singled out Bitcoin’s Lightning Network and other layer 2 solutions as “data obfuscation” technologies that could be “abused by criminals.” The First Report on Encryption by the EU Innovation Hub for Internal Security, a “collaborative network of innovation labs” from across EU member states, argues that alongside technologies including Mimblewimble, zero-knowledge (zk) proofs,…
Bitcoin.com’s Verse Voyager NFT Collection Sells Out
In a landmark event for the Bitcoin.com Verse community, the Verse Voyager NFT collection has completely sold out. This achievement underscores the growing interest and enthusiasm in the decentralized finance space and highlights Bitcoin.com’s commitment to innovation and community engagement. “In a market overwhelmed by speculative meme coins, the success of our first NFT collection […] Source: https://news.bitcoin.com/bitcoin-coms-verse-voyager-nft-collection-sells-out/
Bitcoin Drops 3% Ahead of Interest Rate Decision and US Inflation Report
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports Leading cryptocurrency Bitcoin has tumbled by 2.9% ahead of tomorrow’s FOMC meeting and CPI report. The Federal Reserve is set to announce its decision on interest…
ZkSync Will Airdrop 3.7 Billion ZK Tokens to User Wallets Next Week
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports ZkSync will begin distributing two-thirds of its 21 billion ZK token supply to community wallets next week in what will be the largest token distribution from…
Indiana vows outage-free energy for crypto miners, data centers
Indiana plans to become a hub for the data center and crypto mining industries by promising uninterrupted, low-cost energy. Source: https://cointelegraph.com/news/indiana-outage-free-energy-crypto-miners-data-centers
MetaMask Adds Pooled Ethereum Staking Service—But Not for US or UK
We do the research, you get the alpha! Get exclusive reports and access to key insights on airdrops, NFTs, and more! Subscribe now to Alpha Reports and up your game! Go to Alpha Reports MetaMask, a leading Ethereum wallet and browser extension, has launched its pooled staking service, allowing users to stake any amount of ETH. Ethereum staking is the…
Biconomy introduces AI agents for on-chain transactions
Biconomy’s Delegated Authorization Network (DAN) will serve as an authorization layer for autonomous on-chain transactions. Source: https://cointelegraph.com/news/biconomy-ai-agents-on-chain-transactions
BTC price risks $60K dive as Bitcoin bid liquidity thins on new 3% dip
Bitcoin is making analysts nervous as $69,000 support fails to hold yet again — but a BTC price turnaround is still on the radar. Source: https://cointelegraph.com/news/btc-price-risks-60k-bitcoin-bid-liquidity-new-3-dip
EU Innovation Hub criticizes privacy coins and crypto mixers in new report
In its inaugural report on encryption, the EU Innovation Hub for Internal Security examined how privacy coins and mixing protocols are complicating regulatory efforts. Source: https://cointelegraph.com/news/eu-report-crypto-mixing-privacy-coins-security