Former Binance CEO ‘CZ’ owns 64% of BNB circulating supply — Report
Forbes estimates Zhao’s net worth at a staggering $61 billion—ranking the former CEO as the world’s 24th richest person. Go to Source
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Nigerian officials drop some charges against detained Binance exec
The next court dates in Tigran Gambaryan’s case are scheduled for June 19-20, according to family spokespeople. Go to Source
Investors Pull Nearly $11 Billion in BTC and ETH From Major Exchanges in 30 Days
According to the latest data, from April 1 to June 1, 2024, Coinbase experienced an outflow of more than 40,000 BTC. In the past 13 days, an additional 10,889 BTC, valued at $726 million, has exited the San Francisco crypto exchange. Further analysis reveals that since May 13, approximately $7.05 billion worth of BTC has … Read more
Binance CEO Sees 2024 as a ‘Landmark Year’ for Crypto
Binance CEO Richard Teng described 2024 as a “landmark year” for the cryptocurrency industry in an interview with Bloomberg on Thursday. He cited enhanced regulatory clarity, broader mainstream acceptance, and the introduction of bitcoin spot exchange-traded funds (ETFs). “The momentum continues to be very strong, which is a very encouraging sign for us … Other … Read more
Nigerian Minister: Binance Fails to Pay Taxes on Over $20 Billion Turnover
In 2023, Binance generated revenues exceeding $20 billion in Nigeria; however, the company has not paid taxes, a government minister disclosed. The Nigerian official also seemed to refute U.S. lawmakers’ claims that Tigran Gambaryan, an imprisoned Binance executive, is being held hostage by his government. Tigran Gambaryan Detained on Allegations of Contributing to Naira Depreciation … Read more
Why is BNB price down today?
BNB price is at risk of further losses as multiple metrics point to Binance losing its market share in the crypto sector. Go to Source
Binance CEO: Crypto industry has shifted from ‘early adopters’ to ‘early majority’
CEO Richard Teng’s commentary came in response to Binance reaching the 200 million user threshold. Go to Source
Binance reaches 200M users with $100B in assets under custody
The 200 million user mark represents over a third of all cryptocurrency holders worldwide. Go to Source
Jailed Binance Executive: 108 Former US Government Workers Echo Calls for Biden Administration’s Intervention
Over 100 former federal prosecutors and federal agents have asked the U.S. State Department to intensify its efforts to secure the release of Tigran Gambaryan, a U.S. citizen and Binance employee, from custody in Nigeria. In a letter addressed to Anthony Blinken, the 108 ex-government employees expressed concern that the U.S. efforts to date have … Read more
108 ex-prosecutors, feds echo calls to rescue Binance exec in Nigeria
The potential consequences of the United States government not helping Tigran Gambaryan are “dire,” according to a cohort of former federal prosecutors and agents. Go to Source