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BNB coin looks to rebound from the current low


BNB has hit a near resistance of $586 and is now trading at around $580. The next best support for the crypto is at $576; falling beneath that margin would potentially open the door for a further fall. The current dip is below the 4-hour 100 Simple Moving Average. To mark a rebound, BNB must …

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...

Binance Aids Taiwan in Busting $6M Crypto Money Laundering Ring


Binance’s Financial Crimes Compliance Department recently collaborated with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office on a significant cryptocurrency-assisted money laundering case involving nearly NT$200 million (approximately US$6...

Binance Aids Taiwan in Busting $6M Crypto Money Laundering Ring


Binance’s Financial Crimes Compliance Department recently collaborated with Taiwan’s Ministry of Justice Investigation Bureau and the Taipei District Prosecutors Office on a significant cryptocurrency-assisted money laundering case involving nearly NT$200 million (approximately US$6...

Detained Binance Executive Tigran Gambaryan Denied Bail By Nigerian Court


Tigran Gambaryan, the Binance executive detained in Nigeria, has been denied bail on his 40th birthday, according to a court hearing in Abuja Friday. News of Gambaryan's court appearance comes shortly after Binance CEO Richard Teng alleged Nigerian government officials offered the crypto exchange...

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...

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