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Blockchain Association Says Tigran Gambaryan’s Detention Harms Nigerian Web3 Industry

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Nigeria’s detention of Binance executive Tigran Gambaryan is impacting the country’s blockchain industry, an organization representing blockchain and crypto associations has warned. Evidence of this impact includes the decline in foreign investments. The organization also argued that the continued detention of the Binance executive could jeopardize valuable collaborations and associated benefits. Nigeria’s National Interests A … Read more

Binance CEO Shares Key Tips for Investors Getting Into Crypto

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Binance CEO Richard Teng has given some advice for investors interested in getting into cryptocurrency. He provided three key tips for starting a crypto journey. “Explore and constantly reassess your strategy” was one of the three pieces of advice the Binance executive gave. Binance’s CEO Shares Tips for New Crypto Investors Binance CEO Richard Teng … Read more

Bybit Rises to Second Place in Global Crypto Exchange Rankings, Kaiko Report Reveals

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According to a recent report by Kaiko, Bybit has surged to become the world’s second-largest cryptocurrency exchange by volume, overtaking Coinbase and closely trailing Binance. This climb is attributed to significant increases in market share following the launch of spot bitcoin exchange-traded funds (ETFs) in the United States. Bybit Climbs Crypto Exchange Ladder The report … Read more

New Tokens On Binance See Sharp Declines In 2024, Reports HC Capital

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According to HC Capital, a prominent crypto research platform, all newly listed tokens on Binance in 2024 have experienced significant declines from their all-time highs (ATH). These tokens span diverse sectors, including GameFi, AI, Layer 2, and Layer 3 technologies. The widespread downturn is attributed to several key factors: 1. Market Volatility: Initial hype and … Read more

Binance Helps Btcturk With Hack Investigations — Freezes Over $5.3M in Stolen Funds

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Turkish crypto exchange Btcturk has suffered a cyber attack which caused unauthorized withdrawals from the platform. Crypto exchange Binance is assisting Btcturk with investigating the breach and has already frozen over $5.3M in stolen funds, Binance’s CEO has disclosed. Btcturk has reopened deposits and withdrawals for all ERC20 cryptocurrencies on the ERC20 network. Binance Assisting … Read more

Detained Binance Employee Includes Financial Compensation Demand in Amended Rights Lawsuit

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The jailed Binance employee, Tigran Gambaryan, recently requested permission to amend his fundamental human rights violation against Nigerian law enforcement agencies. The amended proposal reportedly seeks “the costs of this action on a full indemnity basis.” The Economic and Financial Crimes Commission counsel opposed the application for amendment. However, Justice Inyang Ekwo overruled the opposition … Read more

Nigeria Rejects Claims Jailed Binance Executive Denied Quality Healthcare

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A Nigerian government official has rejected claims that the jailed Binance executive is being denied access to quality healthcare. In an apparent reference to the U.S. calls for Tigran Gambaryan’s release, the official stated that only the court, not the Nigerian government, can authorize such action. Tigran Gambayran’s Detention Court Sanctioned The Nigerian government has … Read more

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