Binance

Highlights: Reps. Hill and McCormick urge the U.S. to classify Binance exec Tigran Gambaryan’s detention in Nigeria as a hostage situation. Gambaryan’s health has severely deteriorated in Nigerian custody, diagnosed with pneumonia and malaria. Sixteen Congress members and ex-federal prosecutors […]

Highlights: Binance delists BTC/TUSD and TUSD/USDT margin pairs effective July 24, 2024 Portfolio Margin users to see TUSD balances automatically converted to USDT Binance monitors high-risk altcoins to maintain trading stability Binance, the leading global cryptocurrency exchange, has decided to […]

Highlights: Two wallets transferred 9,500 BTC worth $537M to Binance over the past week. These transfers led to drops in Bitcoin’s price. BTC whales’ actions mirror huge Bitcoin sales by Germany and the US governments. Large BTC transfers from whales’ […]

Highlights: KuCoin will implement a 7.5% VAT on transaction fees for Nigerian users starting July 8, 2024. The VAT applies to transaction fees, not transaction amounts, affecting users with Nigerian KYC information. This move follows Nigerian government’s increased scrutiny of […]

Highlights: Binance.US is ready for a prolonged legal battle with the SEC, stressing its compliance efforts. The company criticizes the SEC’s “regulation by enforcement” approach and claims politically motivated actions. Despite setbacks, Binance.US remains confident in its legal standing and […]

Binance, the global cryptocurrency exchange, has recently added monitoring tags to eleven altcoins due to their high volatility. The tagged cryptocurrencies, including Balancer (BAL), Cortex (CTXC), and Sun (SUN), will undergo scrutiny and periodic reviews by the exchange. This measure […]

The Ethena price has slipped 5% today, as the altcoin has fallen to $0.5465, raising concerns about potential further selling.  Further, Ethena stands out with a market cap of $834 million and a Total value locked (TVL) exceeding $3.5 billion. […]

Highlights: Binance.US faces regulatory hurdles leading to the suspension of operations in Washington state. The exchange’s compliance issues highlight broader regulatory concerns within the cryptocurrency sector. Users in Washington state must transition their accounts ahead of the August 20 deadline. […]

Highlights: Bybit is now the world’s second-largest crypto exchange by volume. Bybit’s growth is attributed to competitive fees, the Bitcoin ETF launch, and Binance’s regulatory challenges. Binance’s market dominance drops from 60% to 54% amid regulatory hurdles and fines. The […]

Highlights: Binance freezes over $5.3 million in stolen funds linked to BtcTurk breach. ZachXBT estimates hack losses at $54M, mainly in AVAX tokens. ZackXBT praised Binance for its proactive role in supporting the community during security incidents. According to Binance […]

The Nigeria Securities and Exchange Commission (SEC) has introduced a revamped regulatory framework for digital assets. This announcement, made on Friday, follows a visit by U.S. lawmakers to detained Binance executive Tigran Gambaryan. 🇳🇬 Nigeria’s SEC announced amendments to crypto […]

Binance has announced the integration of Tether (USDT) into the Toncoin Network. This development lets users deposit and withdraw USDT through the network, enhancing Binance’s multi-chain capabilities and providing more transaction options. 🔈 @binance opens deposits and withdrawals for $USDt […]