Coinbase Fined £3.5M by UK Financial Watchdog for Compliance Failures
Coinbase, the prominent digital asset exchange, has been fined £3.5 million (approximately US$4.5 million) by the UK’s Financial Conduct Authority (FCA) for failing to adhere to anti-money laundering (AML) regulations. This marks a significant regulatory action in the UK against a firm involved in crypto asset trading. The fine was levied on CB Payments Limited […]
Olympic Opening Ceremony Dazzles Paris with Spectacular River Parade
Paris Olympics Begin with Dazzling Opening Ceremony Amid Challenges The Paris Olympics 2024 opened spectacularly on Friday evening, overcoming earlier disruptions caused by sabotage to France’s rail network and the persistent rain in the capital. The event, marking the first Summer Olympics hosted by Paris in 100 years, unfolded with a dramatic and star-studded ceremony […]
Minicab Driver Jailed for Stealing from Drunk Passengers in Tower Hamlets
A man operating under the guise of a minicab driver has been sentenced to 21 weeks in prison after admitting to theft and fraud offences targeting intoxicated passengers. Shahen Chowdhury, 56, from Tower Hamlets, pleaded guilty to two counts of theft and seven counts of fraud by misrepresentation. The court heard how, in early 2023, […]
Families Mourn and Honor Ryanair Pilots Killed in Tragic Accident
The families of two Ryanair pilots tragically killed in a road accident have expressed their profound grief and detailed plans to honor their memory through a new initiative aimed at fostering future aviators. Captain Matt Greenhalgh, 28, and Senior First Officer Jamie Fernandes, 24, died on July 11 when their taxi collided with two lorries […]
Stabbing Incident in Woolwich Leaves Man Hospitalised
A man in his twenties was rushed to the hospital following a stabbing incident in Woolwich, South East London. The attack occurred on Powis Street shortly before 6:40 PM today, July 26. Responding to the emergency, officers from the Metropolitan Police and crews from the London Ambulance Service found the young man suffering from stab […]