Ethereum open interest hits 20-month high — Is this bullish or bearish for ETH?
Ether’s futures open interest jumps to a 20-month high, but leverage demand remains balanced. Go to Source
Binance
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US Lawmaker Urges Release of Jailed Binance Employee
A U.S. lawmaker is calling for the release of a detained Binance executive in Nigeria. Representative James Hill believes the executive, Tigran Gambaryan, has significantly contributed to combating cybercrime in the U.S. and should not be abandoned. Hill expressed concern that the continued detention could strain diplomatic ties between the U.S. and Nigeria. Hill urged … Read more
Binance CEO says task force is working ‘across the clock’ to free exec in Nigeria
Binance CEO Richard Teng said the company has continued to explore every legal and political avenue to bring Gambaryan home as his health deteriorates by the day. Go to Source
Binance Seeks Release of Jailed Employee Before Pursuing Nigerian License
Binance has made the release of Tigran Gambaryan a condition for seeking registration in Nigeria. The exchange is reluctant to register due to outstanding issues with the government. It reportedly believes the SEC’s hastily formulated framework is not supported by law. Despite this, Binance reportedly remains popular among Nigerian users. Binance Conditions License Application on … Read more
Binance exec’s mother pleads with US gov’t to secure his release
Detained in Nigeria for more than six months and with reported deteriorating health, Tigran Gambaryan likely won’t return to court until Oct. 9. Go to Source
$TURBO Launches On Binance Spot Trading: A Major Milestone For The Community
Last week saw significant shifts in Smart Money accumulation trends. Notably, $TURBO has now joined the ranks of AI and Big Data tokens, while the memecoin category welcomed $NEIRO. In addition, both $AAVE and $ENS made the list of notable additions. https://twitter.com/iCryptoAI/status/1835502575308968185?t=YBUNNQu6J7HYXSp4M2m5CA&s=19 In a major development for the crypto world, Binance—one of the largest exchanges—has … Read more
Binance To List NEIRO, TURBO, And Baby Doge Coin For Spot Trading And Launch Futures Contracts
Today at 18:00 (UTC+8), Binance will list Neiro (NEIRO), Turbo (TURBO), and Baby Doge Coin (100000BABYDOGE) for spot trading, adding a Seed Tag to these tokens. The new trading pairs available will be NEIRO/USDT, TURBO/USDT, and 100000BABYDOGE/USDT, providing users with more options for trading these rapidly growing assets. Binance will list Neiro (NEIRO), Turbo (TURBO), … Read more
BNB Sees $270M Deposited On Binance, Historical Trends Suggest Potential Surge
In the past 24 hours, over $270 million worth of BNB has been deposited onto Binance, signaling strong activity and interest in the token. This significant influx comes as BNB enthusiasts recall its impressive performance during previous market cycles. Approximately 280 days after the last Bitcoin halving, BNB saw a remarkable 7.5x increase from its … Read more
Binance Rejects Wazirx’s Claims — Denies Responsibility for Hack Consequences
Crypto exchange Binance has responded to accusations from Wazirx and Zettai about how its dispute with Wazirx affects user funds lost in the July cyberattack. The company insists that responsibility for the incident lies with Wazirx’s management under Zanmai and Zettai, not Binance. Rejecting claims from co-founder Nischal Shetty, Binance maintains it “bears no responsibility … Read more
Liquid Staking Absorbs 400,000 ETH, Closing in on 14M Mark
According to the latest figures, over the past 38 days, starting from Aug. 10, 2024, the total value locked in decentralized finance (defi) protocols has slipped by $5.07 billion. Despite this decrease, ethereum continues to pour into liquid staking derivative (LSD) platforms, with 29 distinct LSDs pulling in nearly $1 billion worth of ether during … Read more