Of the cryptocurrencies tracked by CoinMarketCap, the best performer for the week was Ethereum Name Service , rising 28.62%.
The tax charges brought by the Federal Inland Revenue Service of Nigeria against Binance executives Tigran Gambaryan and Nadeem Anjarwalla have been dropped. The FIRS agreed to revise the charges so that it serves only Binance through its local representative, writes Bloomberg.Of the cryptocurrencies tracked by CoinMarketCap, the worst performer for the week was LayerZero, down 11.54%.
The Bloomberg Galaxy DeFi Index of digital coins involved in decentralized finance fell 6.1% this week. The index fell to 856, as of Friday, down from 911 a week earlier. The Galaxy Bitcoin Index declined 5.5% during the same period while the Ethereum Index dropped 7.8%, writes Bloomberg.An exchange-traded fund investing in Bitcoin listed on Australia’s main stock market for the first time ever, adding to a wave of similar launches this year in the U.S. and Hong Kong.
Deutsche Telekom, the German-based telecommunications provider that ranks as the largest in Europe, will soon mine Bitcoin according to remarks made by the head of one of their subsidiaries, Bloomberg reports.The UK’s financial watchdog and London police arrested two people in connection with an alleged illegal cryptocurrency exchange worth more than $1.3 billion. The Financial Conduct Authority said Thursday the pair were released on bail and the investigation is ongoing.
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