Politicians urge Biden to bring back Binance exec from Nigeria
The U.S. politicians have accused Nigeria’s government of charging Gambaryan, a Binance compliance officer and former federal agent, with “baseless” crimes. Go to Source
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Binance Announces Restrictions on Unauthorized Stablecoins in EU to Comply With MiCA Regulations
Crypto exchange Binance announced Monday its strategy to comply with the forthcoming Markets in Crypto Assets Regulation (MiCA) stablecoin rules, set to take effect on June 30 across the European Economic Area (EEA). These regulations will restrict the issuance and offering of stablecoins to regulated companies, categorizing them as “Regulated Stablecoins.” Binance will make phased … Read more
Binance co-founder denies responsibility for $1M trading loss in hacked account
The account was allegedly breached through the Google Chrome extension Aggr, which saves cookie login information. Go to Source
Nigeria seeks crypto clarity one year into Tinubu’s tenure
Nigeria’s young resident population now feels more bewilderment due to the administration’s recent actions against Nigeria’s crypto industry. Go to Source
Ex-Binance CEO Changpeng Zhao Begins 4-Month Prison Term in California
Several reports have indicated that the ex-CEO and founder of Binance, Changpeng Zhao (CZ), has commenced his four-month term at a low-security federal facility in Lompoc, California. CZ Enters Low-Security Facility After Pleading Guilty to Money Laundering Charges Ex-Binance boss Changpeng Zhao (CZ) is now beginning his prison sentence after admitting guilt to charges related … Read more
Crypto community backs CZ amid prison term
Once he completes his four-month sentence at Lompoc prison, Zhao plans to resume his involvement in cryptocurrency. Go to Source
Analyzing Tether’s 111 Billion Supply: Top USDT Wallets on Tron and Ethereum
This year, the supply of the stablecoin tether has surpassed the $100 billion mark, and today, the leading dollar-pegged token boasts a market valuation of $111.9 billion. The majority of this supply resides on Tron, with the network hosting $58 billion in tethers, while Ethereum accounts for $51 billion. This editorial examines the top wallets … Read more
Bitcoin’s Scaling Dilemma: Binance Report Sheds Light on BTC’s Enhancement Hurdles
Amidst the backdrop of this year’s skyrocketing BTC transaction fees and a congested network, the latest Binance Research report, “The Future of Bitcoin #3 – Scaling Bitcoin,” unveils several approaches to addressing Bitcoin scalability. As average onchain fees have climbed in 2024, Binance researchers say stakeholders across the ecosystem are poised to redefine Bitcoin’s infrastructure … Read more
Liquid Staking Derivatives See 110,000 ETH Inflow Over 12 Days
While liquid staking protocols experienced a brief period of withdrawals, the past 12 days have seen liquid staking derivatives (LSDs) platforms gain 110,000 ether valued at $417.59 million. Swell Experiences Decline as Lido and Others See ETH Increases In the realm of decentralized finance (defi), liquid staking derivatives (LSDs) have finally recorded positive deposits after … Read more
Cristiano Ronaldo unveils NFT series with Binance capturing career highlights
Football icon Cristiano Ronaldo is rolling out a new NFT collection with Binance commemorating different stages of his illustrious career. Go to Source