Bookmarking Crypto Insights
Auto Added by WPeMatico
Binance has just wrapped up its 28th quarterly BNB burn, eliminating a total of 1,643,699 BNB, which is valued at approximately $971 million. This latest burn did not include the Pioneer Burn Program, focusing solely on the regular quarterly reduction. Binance’s ongoing commitment is to burn BNB each quarter until half of the total supply, … Read more
US President Joe Biden’s withdrawal from the 2024 presidential race led to a sharp crypto dip followed by a near-immediate correction, leading to huge liquidations. Go to Source
Europe stands out as the global leader, accounting for 37.32% of the total transactional value, according to a comprehensive analysis by Coinwire. Asia’s trading volumes primarily result from factors like high mobile penetration, a robust tech infrastructure, and growing institutional interest. Binance, with a trading volume of $2.77 trillion, holds the title of the “most … Read more
On July 16, a Nigerian court issued an arrest warrant for a prison doctor who failed to provide jailed Binance executive Tigran Gambaryan’s medical report as demanded. The court also ordered prison officials to take Gambaryan to a local hospital for 24 hours of medical care. Prison Doctor Fails to Appear in Court A Nigerian … Read more
Okx, a leading cryptocurrency exchange, has announced its decision to discontinue services in Nigeria starting from August 16, 2024. The company cited unfavorable policies by the Nigerian government as the reason for this move. Okx said Nigerian users are advised to withdraw their funds from the platform before the specified date. This decision is similar … Read more
Though the announcement came as a surprise to many users, OKX has been winding down features in the Nigerian market for months. Go to Source
The class-action lawsuit alleges Tether and Bitfinix conspired to manipulate crypto market prices. Go to Source
According to data, liquid staking protocols accumulated an additional 290,000 ether in the past 46 days. This increase raised the proportion of ETH in liquid staking protocols by 0.24%, bringing the total to 11.18% of Ethereum’s 120.2 million circulating supply. Shift in Liquid Staking: Swell Drops, Frax Ether Moves Up At the time of writing, … Read more
Nigerian Justice Emeka Nwite recently set October 11 as the date for ruling in the trial of Binance Holdings Limited, a popular cryptocurrency platform. The platform and its two directors face a four-count tax evasion charge for failing to register with the Federal Inland Revenue Service (FIRS). Binance’s lawyer Ayodele Omotilewa pleaded not guilty to … Read more
U.S. lawmakers have submitted a resolution calling on the Nigerian government to immediately release the jailed Binance executive, Tigran Gambaryan. In the resolution submitted to the Committee on Foreign Affairs, the lawmakers urge the United States government to utilize all available resources to secure Gambaryan’s release. The resolution also asks the Biden administration to formally … Read more
