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Binance Enforces Stricter Crypto Transfer Rules in South Africa to Align with Local Regulations
Binance, one of the world’s largest cryptocurrency exchanges, announced on April 22 that it will implement stricter rules for cryptocurrency transfers in South Africa starting on April 30. The move is aimed at ensuring compliance with local regulations and reflects... -
Crypto Fraud Cost Americans $9.3B in 2024: FBI
On April 23, the Internet Crime Complaint Center (IC3) of the Federal Bureau of Investigation (FBI) revealed a rise in crypto fraud. Losses jumped over 66% from $5.6 billion in 2023 to over $9 billion in 2024. The agency received... -
Ethereum ETFs Inflow Hit Two-Month High Amid ETH Price Rally
Ethereum exchange-traded funds (ETFs) in the U.S. recorded their largest daily inflows since February, with $38.8 million pouring in on April 22. This increase coincided with an over 10% rally in Ethereum’s price, which climbed back above $1,700 for the... -
Remittix Emerges as a Game-Changer in Crypto Payments Amid Ethereum’s Rise and Bitcoin’s Declining Dominance
The cryptocurrency market is experiencing a shift in focus, with Bitcoin's price rising but its dominance declining as altcoins gain momentum. Ethereum has seen strong growth, and now a new token, Remittix, is emerging as a leading Ethereum-based payment solution.... -
Circle Unveils Global Payment Network Built on USDC and EURC Stablecoins
On April 21, Circle announced the launch of its global payments network, which will be powered by regulated stablecoins. Dubbed the "Circle’s Payments Network (CPN)," this platform is designed to enable real-time, cross-border transactions using USDC, EURC, and other regulated... -
Netflix Reported Better Than Expected Q1 Earnings: Here’s How Analysts Reacted
Netflix (NYSE: NFLX) released its Q1 2025 earnings yesterday after the markets closed. The streaming giant’s earnings were ahead of estimates, and it maintained its 2025 guidance despite the turmoil from tariffs. Here are the key takeaways from the earnings... -
Russia’s Finance Ministry Pushes National Stablecoin after USDT Wallet Freeze
On April 16, a Reuters report, supported by Russian state outlet TASS, claimed that a recent foreign freeze on Russian exchange Garantex has jolted Moscow into reconsidering its crypto stance. The Finance Ministry chief Osman Kabaloev urges the Kremlin to... -
OKX Launches in the U.S. with Advanced Features, Web3 Integration, and Strong Regulatory Focus
OKX, one of the top cryptocurrency exchanges in the world, has officially started its operations in the United States. It has launched a centralized exchange and the OKX Wallet for American users. This move is a big step in OKX’s... -
Chinese Authorities Sells Confiscated Cryptocurrency Privately Amid Economic Slowdown
Local Chinese authorities now sell confiscated cryptocurrency through private offshore companies, circumventing the country's own trading ban to boost public funds amid economic challenges. Officials held approximately 15,000 Bitcoins worth $1.4 billion at the end of 2023, according to Reuters'... -
South Korea Bans 14 Crypto Exchange Apps from Apple Store – Report
On April 11, Financial Services Commission (FSC) in South Korea announced the ban of 14 crypto exchange apps from the Apple Store, including KuCoin and MEXC. The report states that the blocked exchanges operated without registration as overseas virtual asset...
