Binance USDC withdrawals top 1 billion per day this week
Data from Glassnode analyzed by CryptoSlate shows that USDC leaving Binance is at yearly highs, according to the Exchange Net Position Change chart below. Since August...
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L2 Scaling Solution Arbitrum Deploys Nitro Rollup Stack Migration
The layer two (L2) scaling solution Arbitrum revealed on Wednesday that the team has implemented the project’s Nitro rollup stack migration. Earlier this month, Arbitrum developers...
Paraguay’s President Turns Down a Proposed Crypto Mining Bill
President Mario Abdo Benítez did not greenlight the regulatory bill, which could have turned cryptocurrency mining into an industrial activity. The President of Paraguay – Mario...
Mt Gox repayment date delayed again to midSeptember
The repayment dates from Mt. Gox, which initially were scheduled to be made in late August and involve the payout of over 137,000 Bitcoins (BTC) to...
Helium developers propose migration to Solana
Blockchain-powered wireless network Helium (HNT) is considering migrating to Solana (SOL) blockchain in a new proposal published on August 30. The HIP 70 proposal explains that...
Bitcoin Maximalist’ Michael Saylor Sued for Tax Fraud in DC
Michael Saylor, founder and former CEO of the software company MicroStrategy, is being sued by the District of Columbia, DC Attorney General Karl Anthony Racine, announced...
Thodex crypto exchange’s CEO arrested for allegedly defrauding investors of 27 billion
The founder of Turkish cryptocurrency exchange Thodex Fatih Özer has been arrested in Albania following his 2021 disappearance with funds belonging to roughly 400,000 users. Following...
Iran implements rules allowing businesses to use crypto for import trade transactions
Iran will allow any local business that imports goods to pay for their transactions via cryptocurrency in lieu of the dollar or euro. The administration of...
Singapore court places Hodlnaut under judicial management
Embattled crypto lender Hodlnaut has been placed under interim judicial management (IJM), according to an August 29 announcement. According to the announcement, the court-appointed Ee Meng...
Argentinean Province Allows Residents to Pay Taxes in USDT
Citizens of the Argentinean province Mendoza will be able to pay their taxes in Tether (USDT) instead of pesos. The authorities of the Mendoza province reportedly...
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