The legal saga unfolds as Binance executives pursue justice against Nigerian authorities, alleging rights violations amidst a broader crackdown on crypto exchanges. The postponement of the case signals a prolonged legal battle ahead.
Cheng YuanAt the beginning of the Chinese New Year, Bitcoin led the crypto market and brought us "good luck" in the Year of the Dragon. BTC, the largest cryptocurrency by market capitalization, exceeded US$50,000 in the short term, hitting the highest level since December 2021.
JinseFinanceBinance faces $34 billion in fines from FinCEN and $9.68 billion from OFAC for not reporting over 100,000 suspicious transactions involving terrorism, ransomware, child exploitation, and other illegal activities. Future penalties and strict regulations may impact Binance for the next five years.
CaptainXThe practice of burning tokens has been a consistent strategy for Huobi since 2018, and as of October 15, 2023, a cumulative total of 301,002,441 HT has been burned.
Jasper火币创始人李林周三正式在香港起诉火必交易所，后者在2022年股权转让给百域资本后，原定协议不可再使用火币商标，但今年却违反协议重新使用，已涉嫌侵权。李林此举意味着，火必全球顾问孙宇晨面临失信指控。
fx168newsOne of the largest cryptocurrency trading exchanges, Huobi, is now considering expanding its services to China.
BitcoinistHuobi Korea wants to be an independent exchange. It will buy all of its shares and rebrand to distance itself from Huobi Global.
cryptopotato宝二爷郭宏才提到，火必复活回归，已对对中国大陆用户开放了。但孙宇晨却表态，未开放中国IP访问。
fx168newsFX168 Financial News (Hong Kong) reported that Huobi announced its brand upgrade strategy yesterday (22nd). The Chinese brand name was officially changed from "Huobi" to "Huobi". Hong Kong's Baiyu Capital M&A Fund completed the acquisition of Huobi last month. This brand strategy upgrade came into being to adapt to the rapid development of the industry and respond to the needs of global business expansion, marking the official release of its global development roadmap and international operation strategy.
fx168newsCoinbase is being sued by another crypto company that alleges that the firm infringed on its patented crypto transfer technology.
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