Binance founder CZ receives support from crypto community as jail term starts
[Jun 1 4:09 AM] Once he completes his four-month sentence at Lompoc prison, Zhao plans to resume his involvement in cryptocurrency.
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Analyzing Tether’s 111 Billion Supply: Top USDT Wallets on Tron and Ethereum
[May 31 8:30 AM] 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…
Bitcoin’s Scaling Dilemma: Binance Report Sheds Light on BTC’s Enhancement Hurdles
The U.S. Response to Binance Exec Tigran Gambaryan's Detention Is Shameful
[May 29 9:28 AM]
Liquid Staking Derivatives See 110,000 ETH Inflow Over 12 Days
[May 29 9:14 AM] 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…
Cristiano Ronaldo unveils NFT series with Binance capturing career highlights
[May 29 2:18 AM] Football icon Cristiano Ronaldo is rolling out a new NFT collection with Binance commemorating different stages of his illustrious career.
Binance Executive Jailed in Nigeria is Suspected of Having Malaria, Family Says
[May 28 12:28 PM] Tigran Gambaryan, Binance’s compliance head, who remains jailed in Nigeria, is suspected of having Malaria, a family spokesperson told CoinDesk.
BNB Chain faces $80K Bitcoin exploit. White hat hacker or ongoing exploit?
[May 28 4:50 AM] Certain on-chain signs point to a potential white hat, or ethical hacker, looking for blockchain vulnerabilities.
Binance affiliate Gopax sold Genesis creditor claims at steep discount: Report
[May 27 11:44 AM] The Gopax exchange reportedly owes 100 billion Korean won in unreturned user staking deposits.
Football Star Cristiano Ronaldo Seemingly Ignores $1 Billion Lawsuit After Urging Fans to Sign Up Latest NFT Drop
[May 27 8:37 AM] The Portuguese footballer Cristiano Ronaldo has informed his 111 million followers on the social media platform X to prepare for the unveiling of his latest collection of non-fungible tokens (NFTs) on Binance. In a post dated May 24, Ronaldo…
Nigeria Increases Capital Requirements for Currency Dealers Nearly Sixtyfold to $1.4 Million
[May 25 1:36 PM] The Central Bank of Nigeria has increased the capital requirements for national bureau de change operators from approximately $24,000 to $1.4 million. The central bank has given operators a six-month period to comply and they must apply for new…
Crypto Biz: Kraken denies USDT delisting, crypto custody on the rise, and more
[May 24 3:30 PM] This week’s Crypto Biz explores Kraken’s stablecoin plans in Europe, the departure of Grayscale’s CEO, Prometheum’s Ether custody service that treats ETH as a security, and more.
Binance Money Laundering Trial in Nigeria Pushed to June 20 Due to Executive’s Illness
[May 24 2:53 AM] Binance's head of financial crimes compliance Tigran Gambaryan is seriously ill, his lawyers said.
Binance executive collapses during Nigeria trial for money laundering
[May 24 1:20 AM] Gambaryan missed a court appearance on tax evasion charges but attended the money laundering trial on the same day.
Meet the women behind the world’s largest crypto exchanges
[May 23 12:45 PM] Both former television hosts, Binance’s Yi He and Bitget’s Gracy Chen currently lead the world’s largest crypto exchanges by volume.
Nigerian prison fails to bring Binance exec to court
[May 23 4:50 AM] Prosecution counsel Moses Idehu requested a brief stand-down of the case, seeking to temporarily adjourn the matter later to resolve the issue.
Binance Celebrates Bitcoin Pizza Day With Global Pizza Distribution Campaign
[May 22 1:07 PM] 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…
Crypto Derivatives DEX Aevo's Token Jumps 10% as Binance Labs Discloses Investment
[May 21 9:12 AM] AEVO hit $0.9, its highest price since mid-May. Even so, it's still nearly 70% below where it started trading in March at around $3.
Binance calls on small and medium projects to combat low float, high FDV trend
[May 20 6:43 AM] Binance said that supporting small and medium-sized projects with strong fundamentals could enhance the development of the blockchain ecosystem.
Indian Regulator Advocates Multi-Agency Approach for Crypto
[May 18 5:20 AM] 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…
Changpeng Zhao teases writing project ahead of reporting to prison
[May 17 4:01 PM] 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.
Tornado Cash founder sent to prison, DeFi’s EU struggles: Finance Redefined
[May 17 1:25 PM] The Tornado Cash developer has been detained in the Netherlands since August 2022 after the United States government blacklisted Tornado Cash.
Bitcoin Hits $67K, Leading to $45M in Short Position Liquidations
[May 17 10:40 AM] 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…
Binance exec denied bail in Nigeria money laundering trial
[May 17 6:55 AM] 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.
Binance Exec Tigran Gambaryan Denied Bail by Nigerian Court
[May 17 6:48 AM] The Nigerian court also ruled that the Binance exchange can be served the FIRS tax evasion charges through its executive Tigran Gambaryan.
Over 80% of recent Binance token listings are bleeding red
[May 17 5:25 AM] Most of the newly launched tokens function as “exit liquidity” for insiders capitalizing on the lack of retail access due to their high initial fully diluted valuation.
Binance helps Taiwan solve $6.2M crypto fraud
[May 17 4:58 AM] Working with Binance, Taiwan prosecutors pieced together the evidence, resulting in the indictment of nine individuals for financial crimes, including money laundering and fraud.
End Of The Road For BNB After 200% Surge? Mounting Resistance Threatens Rally
[May 16 5:00 PM] BNB, the native cryptocurrency of the BSC network, has undoubtedly been one of the winning altcoins scene the bull market began. The price has been able to go from around $200 to over $600 in the space of a year, notching over 200% gains in the…
Bitcoin moves toward range highs but derivatives traders watch from the sidelines
[May 16 3:25 PM] Bitcoin price showed strength near its medium-term range high but multiple factors are preventing derivatives traders from opening new positions.
CME Looks to Take On Binance and Coinbase, Could Launch Spot Bitcoin Trading: Report
[May 16 1:04 AM] The CME is already the top bitcoin futures exchange by open interest, while the offshore, non-regulated Binance dominates the spot market.