Portuguese banks began closing accounts that belong to crypto exchanges, citing ‘risk management’ as the main reason for the closures. Portugal gained its reputation for welcoming cryptocurrency exchanges as no tax is imposed on crypto earnings. These banks are Banco Comercial Portugues (BCP), Banco Santander, Caixa Geral de Depósitos, BiG, and Abanca. At least four …
Portuguese Banks Are Closing Crypto Exchanges’ Accounts Read More »
Nasdaq-listed international brokerage and financial services provider, StoneX Group published its financial results yesterday for the quarter ended 30 June 2022. During the reported period, the company witnessed a jump of almost 23% in operating revenues as the figure reached $528.8 million. The net income of StoneX Group reached $49.1 million in the recent quarter, …
StoneX Reports Net Income of $49.1 Million in the Latest Quarter Read More »
Band Protocol price has tilted upwards as the decentralized finance (DeFi) industry rebounds. Its token, BAND, rose to a high of $1.7180, which was about 45% above the lowest level in 2022. Its total market cap has risen to over $71 million, making it the 345th biggest coin in the world. Why is Band Protocol …
Band Protocol price outlook as DeFi industry rebounds Read More »
Topline Attorneys representing the parents of Sandy Hook Elementary School shooting victims accused InfoWars host Alex Jones of perjury at his defamation damages trial Wednesday, saying Jones’ legal team accidentally sent records proving Jones wrote numerous emails and text messages referencing the massacre, even though Jones testified that he could not find any of that …
Topline Walmart, America’s largest private employer, is laying off about 200 corporate workers, according to the Wall Street Journal, a week after the company cut its quarterly and full-year profit forecasts, saying it was being forced to reduce prices in stores Shoppers enter the Wal-Mart store November 20, 2007 in Secaucus, New Jersey. Getty Images …
Walmart Reportedly Slashes 200 Corporate Jobs After Falling Profit Warnings Read More »
Topline A group of 11 LIV Golf players led by Americans Phil Mickelson and Bryson DeChambeau filed an antitrust lawsuit against the PGA Tour in federal court Wednesday, setting the stage for a contentious legal battle between the rival golf circuits. Phil Mickelson, left, and Bryson DeChambeau, right, are among the 11 LIV Golf players …
Mickelson, DeChambeau Sue PGA Tour Alleging Antitrust Violations Read More »
Topline Rep. Peter Meijer (R-Mich.), the only freshman Republican congressman who voted to impeach former President Donald Trump, has been defeated by Trump-endorsed challenger John Gibbs in the GOP primary for his House seat. Then-Michigan 3rd Congressional District Republican candidate Peter Meijer speaks at a campaign … [+] rally on October 14, 2020, in Grand …
Rep. Peter Meijer–Republican Who Backed Trump Impeachment–Ousted In Michigan Read More »
Topline The stock market rallied on Wednesday, reversing losses from earlier this week thanks to stronger-than-expected economic data which helped offset lingering recession fears, even as Federal Reserve officials continue to promise more rate hikes to bring down inflation. Markets surged higher amid renewed optimism about the economy, which offset recession fears. Seth Wenig/Associated Press …
Dow Jumps 400 Points As Stocks Rebound Thanks To Solid Earnings, Upbeat Economic Data Read More »
Ethereum total value locked (TVL) increased significantly in July due to a recovering market that saw investors pour more liquidity into decentralized finance (DeFi). Ethereum was one of the best-performing blockchain projects in the last month. According to Be[In]Crypto research, Ethereum gained 24% in total value locked in the seventh month of 2022. On July …
Ethereum (ETH) TVL Spiked More Than $10 Billion in July Read More »
You are here: Home / News / Indian Crypto Exchange WazirX Issued Notice For “Mysterious Transactions” August 3, 2022 by Lipika Deka Indian crypto platform WazirX has been served a show cause notice [SCN] for allowing outward remittance of crypto assets to the tune of 2790 crore to unknown wallets, the Ministry of Finance told the Upper …
Indian Crypto Exchange WazirX Issued Notice For “Mysterious Transactions” Read More »