India demands $91.9M from Binance in unpaid GST taxes
Binance faces a demand for nearly $92 million in unpaid GST from Indian authorities, aiming to resume operations after a previous ban. Go to Source
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Ex-Binance adviser to join Kamala Harris campaign: Report
The prospective Democratic nominee’s position on crypto and blockchain was still unclear, but officials connected to the industry are reportedly getting on board. Go to Source
Ripple CEO Slams SEC Hypocrisy and Haphazard Crypto Regulation
Brad Garlinghouse, CEO of Ripple, criticized the U.S. Securities and Exchange Commission’s inconsistent regulatory practices after the regulator revealed its intention to amend its complaint against Binance concerning the security status of certain crypto tokens. He highlighted the contradiction between SEC Chair Gary Gensler’s statements and the agency’s actions, emphasizing the need for clear, consistent … Read more
Binance Executive Discusses Impact of US Government Potentially Holding Bitcoin as Strategic Reserve
Binance’s head of VIP & Institutional views the U.S. discussion on a national bitcoin reserve as a positive sign for the crypto market. The executive notes the growing recognition of bitcoin by politicians and industry leaders, anticipating greater regulatory clarity. She stressed the importance of politicians and industry leaders explicitly acknowledging bitcoin’s value in the … Read more
SEC backs down on claiming SOL, ADA, MATIC and other tokens are securities in Binance suit
The SEC has retracted its request for a court ruling to classify tokens such as Solana, Cardano, Polygon and others as securities. Go to Source
Binance Survey: Half of All Latin American Crypto Users Treat It as a Long-Term Investment
A survey conducted by Binance revealed that more than half of all cryptocurrency users in Latin America utilize crypto as a long-term investment, choosing to hold onto their digital assets. The survey, which polled 10,000 users from Argentina, Brazil, Colombia, and Mexico, indicates that the number of users in this group exceeds the number of … Read more
Binance Completes 28th Quarterly BNB Burn, Removing $971M Worth Of Tokens
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
Joe Biden’s withdrawal wiped $67M in long positions in 30 minutes
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
Study: Europe Leads in Global Crypto Transaction Volume; Binance Remains Most Used Exchange
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
Nigerian Prison Doctor Faces Arrest Over Jailed Binance Exec’s Health Report
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