Former Binance employee sues UK branch over bribery allegations. A former senior employee at Binance’s United Kingdom division has filed a lawsuit alleging bribery and wrongful termination. According to Bloomberg’s Nov. 28 report, Amrita Srivastava accused a colleague of soliciting bribes from a customer under the guise of offering consultative services. Srivastava claims her dismissal, one month after reporting the incident in April 2023, was an act of retaliation disguised as a performance-based decision. #Secret3 #cryptonews #blockchain #crypto #web3 Read more: https://lnkd.in/gEHTxbiX
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Updates
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Crypto hackers steal $71M in November. Cryptocurrency hackers made away with $71 million in digital assets during November 2024, pushing the year-to-date (YTD) total to a staggering $1.48 billion, according to a report from Immunefi. While this marks a 15% reduction from the $1.76 billion lost during the same period in 2023, the persistent attacks highlight ongoing vulnerabilities in the crypto space. #Secret3 #cryptonews #blockchain #defi #cryptocurrency Read more: https://lnkd.in/gc56wqMk
Crypto Hackers Steal $71M in November
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Russia approves new crypto tax framework. The Russian Federation is moving swiftly to implement a new framework for taxing cryptocurrency transactions. On November 27, the Federation Council, Russia's upper house of parliament, approved a federal bill that classifies digital currencies as property and establishes a 13%-15% personal income tax on cryptocurrency sales. The legislation also exempts Russian crypto miners from value-added tax (VAT) on mined coins. #Secret3 #cryptonews #blockchain #crypto #bitcoin Read more: https://lnkd.in/gFVqFZut
Russia Approves New Crypto Tax Framework
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Vancouver mayor sets sights on making the city Bitcoin-friendly. Vancouver Mayor Ken Sim is charting an ambitious path to make the city more Bitcoin-friendly, proposing to include the cryptocurrency as part of its financial strategy. The mayor’s initiative aims to diversify Vancouver’s investments by adding Bitcoin to its balance sheet, a groundbreaking move for a Canadian municipality. #Secret3 #cryptonews #defi #crypto #bitcoin Read more: https://lnkd.in/gyjJWSnB
Vancouver Mayor Sets Sights on Making the City Bitcoin-Friendly
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Tether drops Euro-pegged stablecoin amid regulatory shifts. Tether, the issuer of the world's largest stablecoin, USDt (USDT), has announced it will cease support for its euro-pegged stablecoin, EURt (EURT). The company is urging users to redeem their holdings by November 2025, marking the end of EURt on all blockchains. #Secret3 #cryptonews #cryptocurrency #blockchain #web3 Read more: https://lnkd.in/gM9hFsf8
Tether Drops Euro-Pegged Stablecoin Amid Regulatory Shifts
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Solana trader turns $160 into $5.6M with viral memecoin. A Solana-based memecoin trader has made headlines after transforming a $160 investment into $5.6 million by riding the wave of a viral internet meme. On November 15, blockchain data from Solscan revealed that a trader purchased the “Just a chill guy” (CHILLGUY) memecoin in two separate transactions. The trader initially exchanged 0.50 SOL (approximately $107) for 9.6 million CHILLGUY tokens through the Solana memecoin generator platform Pump.fun. Hours later, they spent another 0.246 SOL (around $51) for an additional 2.8 million tokens. #Secret3 #cryptonews #blockchain #crypto #solana Read more: https://lnkd.in/gQ3d_epX
Solana Trader Turns $160 into $5.6M with Viral Memecoin
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Major win for Tornado Cash as court rules OFAC acted beyond its powers. Tornado Cash users celebrated a significant legal victory after a U.S. appeals court ruled against Treasury sanctions targeting the crypto mixer’s immutable smart contracts. On Nov. 26, the Fifth Circuit Appeals Court overturned a previous decision, declaring the Office of Foreign Assets Control (OFAC) had overstepped its authority. #Secret3 #cryptonews #defi #blockchain #cryptocurrency Read more: https://lnkd.in/gJPuxy3C
Major Win for Tornado Cash as Court Rules OFAC Acted Beyond its Powers
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Central Bank of Iran prepares for groundbreaking CBDC launch. Iran’s Central Bank Governor, Mohammad Reza Farzin, has announced plans to launch the country's first central bank digital currency (CBDC), dubbed the "digital rial," in a bid to modernize its banking system and resist international sanctions. Speaking at the Modern Banking and Payment Systems Conference in Tehran on November 25, Farzin emphasized the nation's strong digital infrastructure and its commitment to innovation. #Secret3 #cryptonews #web3 #crypto #cbdc Read more: https://lnkd.in/gMndrADV
Central Bank of Iran Prepares for Groundbreaking CBDC Launch
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CZ slams memecoins, pushes for real blockchain innovation. Changpeng “CZ” Zhao, former CEO of Binance, has called on the crypto community to move past the memecoin frenzy and focus on creating meaningful blockchain applications. Zhao expressed his frustration on Nov. 26, stating that memecoins have evolved from being amusing to “a little” weird. #Secret3 #cryptonews #blockchain #crypto #memecoins Read more: https://lnkd.in/gUNnK-Ps
CZ Slams Memecoins, Pushes for Real Blockchain Innovation
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Justin Sun becomes largest investor in Trump's crypto project. Announcing the investment on X, Sun said, “TRON is committed to making America great again and leading innovation.” His wallet, linked to the HTX exchange, formerly Huobi, acquired 2 billion WLFI tokens at $0.015 each. World Liberty Financial has faced a sluggish start since its October launch, with just $20 million raised before Sun’s purchase, which pushed total sales to $52 million—still far from its $300 million target. #Secret3 #cryptonews #blockchain #crypto #web3 Read more: https://lnkd.in/d-NnTiTr
Justin Sun Becomes Largest Investor in Trump's Crypto Project
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