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Binance, WazirX, and Other Crypto Firms Accused of Tax Evasion in India: Report

India’s Goods and Services Tax (GST) authorities have reported a $99.1 million tax evasion case involving 17 cryptocurrency exchanges operating in the country. Nest Services Ltd., a company linked to Binance Group, stands out as one of the most significant offenders. The firm is accused of evading $86.8 million in GST. India Recovers $14.7M in […]

LBank Reports Strong Memecoin Market Performance in 2024

[PRESS RELEASE – Singapore, Singapore, December 7th, 2024] LBank Labs has released its “Top 10 Trending Memecoins of 2024” report, analyzing the memecoin market expansion. The report indicates that memecoins’ total market capitalization reached $120 billion in 2024. According to the report, the memecoin landscape transformed significantly in 2024, evolving from speculative assets into a […]

El Salvador President Showcases National Portfolio as Bitcoin Tapped $100K

After Bitcoin (BTC) recently went past the $100,000 milestone, El Salvador President Nayib Bukele took to social media to bask in the glory of a gamble his country made in 2021. Then, the small Central American nation gave the cryptocurrency legal tender status and established a treasury that now holds almost six thousand BTC. When […]

We Asked ChatGPT If Ripple (XRP) Can Surpass Ethereum (ETH) This Cycle

TL:DR; Ripple’s native token has been among the brightest stars during this market cycle, surging by over 400% at one point on a monthly scale. While the difference with ETH is quite big as of now, ChatGPT answers whether XRP has the chance to become the second-largest digital asset. The Difference Ever since Trump won […]