Binance executive collapses during Nigeria trial for money laundering
Gambaryan missed a court appearance on tax evasion charges but attended the money laundering trial on the same day. Go to Source
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Meet the women behind the world’s largest crypto exchanges
Both former television hosts, Binance’s Yi He and Bitget’s Gracy Chen, currently lead the world’s largest crypto exchanges by volume. Go to Source
Binance Celebrates Bitcoin Pizza Day With Global Pizza Distribution Campaign
In 2010, programmer Laszlo Hanyecz made history by trading 10,000 bitcoins for two pizzas, marking the first documented commercial transaction using the cryptocurrency. Fourteen years later, Binance, the world’s largest cryptocurrency exchange, is commemorating this milestone with a global campaign to distribute over 5,000 pizzas to crypto traders and enthusiasts. Crypto Exchange Binance Plans to … Read more
Binance calls on small and medium projects to combat low float, high FDV trend
Binance said that supporting small and medium-sized projects with strong fundamentals could enhance the development of the blockchain ecosystem. Go to Source
Indian Regulator Advocates Multi-Agency Approach for Crypto
The Securities and Exchange Board of India (SEBI) has submitted its recommendations for regulating crypto assets to a government panel. SEBI suggests multiple regulators for different aspects of cryptocurrency trade. India’s central bank, the Reserve Bank of India (RBI), however, views crypto as a macroeconomic risk, highlighting concerns about tax evasion and fiscal stability. SEBI … Read more
Changpeng Zhao teases writing project ahead of reporting to prison
On April 30, a judge sentenced the former Binance CEO to four months in federal prison but did not set a reporting date at his hearing. Go to Source
Tornado Cash founder sent to prison, DeFi’s EU struggles: Finance Redefined
The Tornado Cash developer has been detained in the Netherlands since August 2022 after the United States government blacklisted Tornado Cash. Go to Source
Bitcoin Hits $67K, Leading to $45M in Short Position Liquidations
The price of bitcoin surpassed the $67,000 mark on Friday, reaching a peak of $67,482 per unit, the highest value since late April. This increase has resulted in the liquidation of nearly $45 million in leveraged bitcoin short positions over the past day. $120M in Crypto Positions Liquidated as Bitcoin Climbs Above $67K Bitcoin short … Read more
Binance exec denied bail in Nigeria money laundering trial
Head prosecutor Ekele Iheanacho objected to bail by highlighting Gambaryan’s questionable attempt to get a new passport, allegedly due to a stolen previous one. Go to Source
Bitcoin moves toward range highs but derivatives traders watch from the sidelines
Bitcoin price showed strength near its medium-term range high but multiple factors are preventing derivatives traders from opening new positions. Go to Source