Bitcoin funding rates hit YTD lows, bearish trend looms: CryptoQuant
Bitcoin funding rates on Binance turn negative, reflecting a surge in short positions as institutional interest wanes. Go to Source
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Nigeria Blocks Jailed Binance Executive Tigran Gambaryan’s Legal Team
Jailed Binance employee and an American citizen, Tigran Gambaryan, is reportedly experiencing severe health issues. Since a Nigerian court adjourned his hearing to October 11, his detention conditions have worsened, and his legal team has been blocked from visiting him, violating Nigerian regulations. Gambaryan requires specialized surgeries for a herniated disc and recurring throat infections. … Read more
Binance reaches $1.7M agreement with Brazilian securities regulator
Brazil’s CVM issued a warning to the crypto exchange in 2020 that it was offering residents derivatives products without authorization. Go to Source
Binance to Convert Delisted Crypto to USDC — Advises Users to Withdraw Affected Tokens Before Deadline
Crypto exchange Binance has announced the conversion of several delisted tokens into stablecoin USDC. Users are advised to withdraw affected crypto tokens by Sept. 1, as they will no longer be accessible afterward. After this date, withdrawals of the delisted tokens will no longer be supported, and users will not be able to transfer them … Read more
Solana whale continues $84M dump with $2.8M sale
The Solana whale employed a dollar-cost averaging strategy, gradually selling tokens over time rather than making a single, large transaction. Go to Source
2017 Whale Rebuilds BNB Position, Nets $7.61 Million Profit Amid Market Volatility
A seasoned cryptocurrency whale, active since 2017, has made a significant move in the Binance Coin (BNB) market after an 11-month hiatus. On September 17, 2023, this OG address withdrew 26,150.997 BNB from Binance at an average price of $216 per token. This strategic purchase has since yielded a substantial profit of $7.61 million, reflecting … Read more
Tigran Gambaryan’s health worsens, surgery now required
Gambaryan has been detained in Nigeria since February 2024 and has suffered numerous chronic health conditions during that time. Go to Source
Venezuela blocks Binance, X amid presidential election dispute
Binance has assured its users that their funds are safe after Venezuela cut off access to the exchange and social media platform X. Go to Source
Venezuelan Government Blocks Binance, Cutting P2P Market Access for Thousands
CANTV, a Venezuelan state-owned ISP, has reportedly started blocking traffic to Binance, one of the largest cryptocurrency exchanges in the world. The company, which controls a significant portion of the Venezuelan broadband market, has left thousands of Venezuelans without access to their savings and even P2P markets, which are popular among those using crypto as … Read more
150,000 Ether Floods Liquid Staking Platforms in 27 Days
In the last 27 days, ether liquid staking derivatives have experienced an influx of 150,000 ETH, valued at $390 million, flowing into various protocols. Notably, since July 14, 100,000 ETH made its way to Lido, the world’s leading liquid staking platform by market share. Ethereum Liquid Staking Spikes to 13.59 Million Ether, Lido Nears 10 … Read more