According to a news flash from Reuters, authorities in France have opened a probe into allegations involving Binance. Officials are reviewing money laundering, tax fraud, and drug trafficking to determine whether the platform facilitated transactions tied to criminal networks and offered services before securing required registrations. France is a key territory for Binance within Europe, The post French authorities probe Binance again for money laundering and unlicensed activities – report appeared first on CryptoSlate.

KuCoin pleaded guilty to operating an unlicensed money-transmitting business in a settlement with the U.S. Department of Justice on Jan. 27, agreeing to exit the U.S. market for two years and pay penalties nearing $300 million. The plea addresses allegations the exchange failed to register with the Financial Crimes Enforcement Network, maintain anti-money-laundering safeguards, and The post KuCoin exits US market, pays $300M fine for unlicensed operations appeared first on CryptoSlate.

UTXO Management, in collaboration with Sora Ventures and others, has acquired 70.26% of HK Asia Holdings Limited (1723.HK) on the Hong Kong Stock Exchange. The transaction positions the new control group to rebrand the company as Moon Inc., reflecting an emphasis on Bitcoin, Web3 initiatives, and other financial technology ventures. Following the news, the stock The post HK Asia stock soars amid crypto-focused UTXO, Sora Ventures acquisition appeared first on CryptoSlate.

Amid tension within some parts of the Ethereum ecosystem, Vitalik Buterin has outlined proposals for Ethereum’s L1 and L2 scaling, focusing on data throughput and proof systems to address network demands. In his latest blog post, he described expansions to blob capacity and coordinated interoperability initiatives that aim to simplify cross-chain operations. The post highlighted The post Vitalik Buterin calls to cement ETH as ‘triple-point asset’ within L1, L2 ecosystem appeared first on CryptoSlate.

The Twitter/X account of Janice McAfee, wife of infamous cybersecurity expert John McAfee, announced the launch of AIntivirus (AINTI), a memecoin tied to an AI-driven project inspired by her late husband’s legacy. The token, which went live on Jan. 23 at 1 A.M. GMT, reached a $100 million market cap within five hours before stabilizing The post John McAfee reborn as AI memecoin and chatbot with $27 million market cap appeared first on CryptoSlate.