News

The Nigerian government has sued Binance Holdings Limited, seeking $81.5 billion in back taxes and economic damages. Filed in the Federal High Court in Abuja, the case accuses Binance of failing to register with Nigeria’s tax authorities and contributing to the naira’s depreciation. The Federal…

Indian authorities have seized nearly $190 million in crypto linked to BitConnect as part of an ongoing probe into the Ponzi scheme, which collapsed in 2018. The Enforcement Directorate (ED) in Ahmedabad confiscated ₹1,646 crore ($190M) in crypto, along with ₹13,50,500 (~$15,582), an SUV, and…

Telegram’s exclusive partnership with The Open Network (TON) Foundation means that all third-party crypto wallets must now use TON Connect as their sole connection protocol, a TON spokesperson told Cointelegraph. As part of the partnership, TON is the only supported blockchain for Telegram’s services. Mini…

Ledger co-founder David Balland was rescued following a kidnapping in central France, where the captors reportedly demanded a cryptocurrency ransom. French authorities have arrested eight suspects, with investigations ongoing. According to Bloomberg, Balland was abducted from his home on January 21 and taken to an…

Layer-1 stablecoin payments network 1Money has raised over $20 million in seed funding to advance its digital payments platform. Announced on Jan. 16, the funding round saw participation from over 24 venture capital firms, including F-Prime Capital, Galaxy Ventures, Hack VC, Kraken Ventures, and KuCoin…

Bybit has announced a temporary halt to its services in India due to regulatory changes, effective January 12 at 8:00 AM UTC. Indian users will be unable to open new trades or access platform products, including trading, account openings, and order placements. However, users can…

Telegram’s latest updаte lets users upgrade gifts into NFTs, enabling trading and ownership on blockchain platforms. These gifts feature customizable attributes like background colors and icons, making each item unique. Upgrading requires Telegram Stars. The updаte introduces over 1,400 unique collectible appearances, with more to…

The cryptocurrency industry saw a notable decline in losses from scams, exploits, and hacks as 2024 ended.   In December, recorded losses dropped to $28.6 million, down from $63.8 million in November and $115.8 million in October, according to CertiK.   Notable incidents included a…

Cryptocurrency exchange Bitget has released a new whitepaper for its native token, Bitget Token (BGB), outlining plans to burn 800 million BGB tokens, worth over $5 billion at current market value. This will reduce the total supply by 40%, lowering the circulating supply to 1.2…

Uniswap is preparing to launch Unichain, its DeFi-focused Layer 2 solution built on the OP Stack, with a public mainnet debut set for early 2025. The network, designed to boost scalability and efficiency in decentralized finance, has been tested on Ethereum’s Sepolia testnet since October….