12 / 64 Relevant items tagged with #Binance

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Investors Pull Nearly $11 Billion in BTC and ETH From Major Exchanges in 30 Days

[Jun 14 7:16 AM] 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…

Nigeria Drops Tax Charges Against Binance Executives

[Jun 14 5:19 AM] The executives, Tigran Gambaryan and Nadeem Anjarwalla, are still named in a money-laundering case.

Binance CEO Sees 2024 as a ‘Landmark Year’ for Crypto

[Jun 13 9:31 PM] 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…

Nigerian Minister: Binance Fails to Pay Taxes on Over $20 Billion Turnover

[Jun 11 5:20 AM] 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…

Why is BNB price down today?

[Jun 10 11:15 AM] BNB price is at risk of further losses as multiple metrics point to Binance losing its market share in the crypto sector.

Binance CEO: Crypto industry has shifted from ‘early adopters’ to ‘early majority’

[Jun 9 2:29 PM] CEO Richard Teng’s commentary came in response to Binance reaching the 200 million user threshold.

Binance reaches 200M users with $100B in assets under custody

[Jun 8 3:15 PM] The 200 million user mark represents over a third of all cryptocurrency holders worldwide.

ZkSync’s Gemholic project suspected $3.5M rug pull

[Jun 8 6:05 AM] Community members are currently trying to trace the Gemholic contract creator’s address, which is supposedly funded by Binance.

Jailed Binance Executive: 108 Former US Government Workers Echo Calls for Biden Administration’s Intervention

[Jun 7 7:54 AM] 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…

108 ex-prosecutors, feds echo calls to rescue Binance exec in Nigeria

[Jun 7 12:26 AM] The potential consequences of the United States government not helping Tigran Gambaryan are “dire,” according to a cohort of former federal prosecutors and agents.

Former Federal Prosecutors, Agents Ask U.S. Sec. Blinken to ‘Step Up’ Efforts to Secure Detained Binance Exec’s Release

[Jun 6 7:59 PM] A group of 108 former federal prosecutors and agents have signed a public letter to U.S. Secretary of State Antony Blinken urging the State Department to “step up” its efforts to secure Binance compliance head Tigran Gambaryan’s release from a…

Binance Confirms Mastercard and Visa Support for Crypto Purchases but No Binance Credit Card Issued

[Jun 6 6:20 PM] Cryptocurrency exchange Binance posted on social media platform X Thursday that users can purchase cryptocurrency using Mastercard, Visa, or SEPA for bank transfers. The announcement led to confusion among some users regarding the reintroduction of…

Binance reinstates crypto buys with Visa, Mastercard payments

[Jun 6 7:52 AM] Binance has resumed allowing crypto purchases using Visa and Mastercard for its exchange users. Does this signal the end of Binance’s regulatory troubles?

Binance Resumes Mastercard Payments for Crypto

[Jun 6 6:33 AM] As well as Mastercard payments, the Binance-branded Visa card, which was also switched off last year, has restarted functionality on the exchange.

Nigeria defends Binance exec prosecution amid US lawmakers’ criticism

[Jun 6 1:12 AM] The minister assured that Binance had received appropriate consular access from the U.S. and all due care, following standard diplomatic protocols and the rule of law.

Centralized crypto exchange trading volume falls to $5.2T in May

[Jun 5 10:32 AM] Trading volumes on CEXs have somewhat subsided after topping $9 trillion in March.

Binance Asks UK Competition Tribunal to Throw Out Most of Collusion Case: Reuters

[Jun 5 10:15 AM] The case relates to the delisting of the BSV token in 2019.

UK tribunal starts hearing $9B BSV delisting case

[Jun 5 6:20 AM] According to plaintiffs, the six exchanges, which delisted Bitcoin SV in 2019, owe BSV holders $9 billion for missed opportunities.

BNB Breaks Out Of Consolidation Zone, Uptrend Persist

[Jun 5 5:00 AM] Recently, BNB (BNB) broke out of the consolidation area, indicating a potential significant upward trend. The fact that the token has risen beyond the $700 mark suggests that the market is recovering strongly and that traders and investors are…

BNB Soars to New Heights: Hits New All-Time High of $708

[Jun 5 1:31 AM] Binance Coin (BNB) has reached a new all-time high (ATH) of $708 at the time of writing, following a 12% increase in price. BNB is the native cryptocurrency of the Binance platform, one of the largest and most popular cryptocurrency exchanges in…

Biden Urged to Act as Lawmakers Fear for the Life of Detained Binance Exec in Nigeria

[Jun 5 1:21 AM] Gambaryan and another company exec, Nadeem Anjarwalla, were detained by Nigerian officials after they were invited by the country to resolve a dispute with the crypto exchange

Politicians urge Biden to bring back Binance exec from Nigeria

[Jun 4 6:59 PM] The U.S. politicians have accused Nigeria’s government of charging Gambaryan, a Binance compliance officer and former federal agent, with “baseless” crimes.

Options Traders Brace for Volatility as BNB Nears Record High

[Jun 4 9:41 AM] Binance's native BNB token is approaching an all-time high of $705 after surging by more than 10% from Sunday's low of $597.

Binance Announces Restrictions on Unauthorized Stablecoins in EU to Comply With MiCA Regulations

[Jun 3 6:31 PM] 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…

Binance prepares for MiCA rules, updates stablecoin strategy

[Jun 3 2:54 PM] Binance will ease European users’ transition from unauthorized to regulated stablecoins with a “sell-only” strategy.

Former Binance CEO CZ Begins 4-Month Prison Sentence in California

[Jun 3 11:33 AM] Binance founder Changpeng “CZ” Zhao has reported to a federal prison in California where he will spend the next four months for failing to implement an adequate know-your-customer (KYC) program at the world's largest cryptocurrency exchange.

Binance co-founder denies responsibility for $1M trading loss on hacked account

[Jun 3 9:10 AM] The account was allegedly breached through the Google Chrome extension Aggr, which saves cookie login information.

Hackers exploit Chrome plugin to steal millions from Binance accounts

[Jun 3 4:43 AM] The promotional plugin steals cookies from users, which hackers use to bypass password and two-factor authentication verification and log into the victim’s Binance account.

Nigeria seeks crypto clarity one year into Tinubu’s tenure

[Jun 2 3:33 AM] Nigeria's young resident population now feels more bewilderment due to the administration’s recent actions against Nigeria’s crypto industry.

Ex-Binance CEO Changpeng Zhao Begins 4-Month Prison Term in California

[Jun 1 10:16 AM] 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…