Malaysia Considers Crypto, Blockchain Policies After Discussions With UAE Government

Malaysia Considers Crypto, Blockchain Policies After Discussions With UAE Government

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates Malaysia could soon join other nations that are working on policies that govern the integration of cryptocurrencies and blockchain-related technologies into their financial systems. Earlier this week, Malaysian Prime Minister Datuk Seri Anwar Ibrahim met with UAE officials and Binance representatives to discuss…

Tron, Tether, and TRM Labs Unite via Financial Crime Unit T3, Freeze 6 Million in Illicit Funds

Tron, Tether, and TRM Labs Unite via Financial Crime Unit T3, Freeze $126 Million in Illicit Funds

#news #newstoday #tech #technews #latestnews #techupdates #newsupdates In recent years, rising crime in the crypto space has drawn the attention of the FBI and other global law enforcement agencies. To aid in tracking laundered crypto funds, Tron, Tether, and TRM Labs established T3, a specialized financial crime unit aimed at…

Delhi Police Uncovers Renewable Energy Fraud; Binance Aids in Tracing Illicit Funds

Delhi Police Uncovers Renewable Energy Fraud; Binance Aids in Tracing Illicit Funds

Binance, which recently gained FIU approval in India, is collaborating with local law enforcement to investigate crypto-related crimes. In a recent update, Binance announced its involvement with Delhi Police in probing a renewable energy fraud case. As part of this investigation, Rs. 84 lakh (100,000 USDT) has been seized. In…

Binance Former Chief Changpeng Zhao Commits to Blockchain Funding Following Release from US Custody

Binance Former Chief Changpeng Zhao Commits to Blockchain Funding Following Release from US Custody

Changpeng Zhao, the founder and former CEO of Binance, was released from US custody on September 28 after completing a four-month sentence in a California-based low-security prison, Lompoc II. The crypto mogul, who has been banned from the Binance leadership for lifetime, has decided to remain a part of the…

Binance Announces New Feature to Onboard Global Users onto ‘Tokenomics’: All Details

Binance Announces New Feature to Onboard Global Users onto ‘Tokenomics’: All Details

Binance is expanding its services portfolio to maintain its competitive edge in an increasingly crowded industry. On Thursday, September 12, the exchange introduced a new ‘token unlock and vesting schedule’ feature, which it says will make tokenomics more transparent and accessible for users. Vishal Sacheendran, Binance’s head of regional markets,…

Binance Prevented .4 Billion in Losses in H1 2024, 45 Percent Were Linked to Scams: Report

Binance Prevented $2.4 Billion in Losses in H1 2024, 45 Percent Were Linked to Scams: Report

Binance CEO Richard Teng, in a post on X, claimed that the exchange has managed to prevent losses of around $2.4 billion (roughly Rs. 20,130 crore) between January and July this year. According to Binance, over 1.2 million global users were protected against financial losses during this period. Touted as…

Binance Announces New Feature to Onboard Global Users onto ‘Tokenomics’: All Details

India Restores Binance Access After Exchange Cleared $2.25 Million Fine for PMLA Violations

Binance users in India can now access the exchange’s website after being blocked in December 2023. The crypto exchange, touted as the largest in the world, has finally completed its registration with India’s Financial Intelligence Unit (FIU) and has also cleared the penalty of $2.25 million (roughly Rs. 18.8 crore)…

Binance Claims to Have Recovered  Million of Funds Stolen via Hacks, Scams in Q2 2024

Binance Claims to Have Recovered $73 Million of Funds Stolen via Hacks, Scams in Q2 2024

Binance has revealed in an announcement that it has recovered $73 million (approximately Rs. 612 crore) stolen by hackers and scammers from the global crypto sector as of July 31, 2024. The world’s largest cryptocurrency exchange, in a statement shared with Gadgets360, highlighted blockchain technology as a powerful tool in…

Binance Announces New Feature to Onboard Global Users onto ‘Tokenomics’: All Details

Binance Reaffirms Commitment to Indian Laws Following Significant GST Notice

Binance is currently staring at a GST payment of Rs. 772 crore in India. In an official statement shared with Gadgets360, the crypto exchange once again repeated its intentions of striving to comply with Indian laws after this fresh run-in with the country’s Directorate General of GST Intelligence (DGGI). Earlier…

Binance Prevented .4 Billion in Losses in H1 2024, 45 Percent Were Linked to Scams: Report

Binance Served Notice for Rs. 772 Crore in GST Charges by DGGI in India

Binance, touted as the largest crypto exchange in the world, has been issued a notice in India, demanding a Goods and Services Tax (GST) payment of Rs. 772 crore (roughly $92 million). The Ahmedabad zonal unit of India’s Directorate General of GST Intelligence (DGGI) is the authority that has issued…