Binance, a cryptocurrency exchange, will be able to provide services for virtual currencies in Cyprus as a result of the platform's recent registration with the nation's securities regulator. The...
A proposed cryptocurrency bill was not discussed by the Brazilian Congress this week. Although the proposed public policy was on the agenda, the deputy...
In order to give the Commodity Futures Trading Commission (CFTC) more authority to act as the primary regulator of the cryptocurrency spot markets, three...
Following the April cryptocurrency market crash, a new study identified Nigeria as the nation with the greatest interest in cryptocurrencies. According to the same...
Former Pakistani prime minister and current head of one of the biggest political parties in the nation, Imran Khan, has acknowledged that hackers gained...
The International Monetary Fund (IMF) director has issued a warning about further selloffs in both stocks and crypto assets. He added that more cryptocurrency...
Changpeng Zhao, the CEO of Binance, filed a defamation lawsuit against Modern Media CL., the publisher of Bloomberg Businessweek in Hong Kong, on Monday. The lawsuit stemmed from a title of a translated article in Chinese that claimed Zhao was the head of a "ponzi scheme."
The lawsuit is related to Zhao's profile in Bloomberg Businessweek's article "Can Crypto's Richest Man Stand the Cold?" from June 23.
But in Hong Kong, Businessweek's local publisher Modern Media CL used a different headline with the intention of inciting "hatred, contempt, and ridicule" for Zhao Changpeng, the world's richest crypto billionaire: "Zhao Changpeng's Ponzi Scheme," according to Zhao's representative.
Zhao demanded a retraction, a restraining order to prevent the defendants from spreading the portrayal further, and the removal of the edition from newsstands;...