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Bitcoin vs. Today’s Top Crypto Assets: Market Performance in 2024
15.7.2024
Current market data indicates that bitcoin has increased by 48% against the U.S. dollar since Jan. 1, 2024. This implies that on that date, one tether (USDT) was exchanged for 0.00002368 BTC, whereas today, it’s valued at just 0.00001596 BTC. Concurrently, in addition to bitcoin’s...
290,000 ETH Added to Liquid Staking Protocols Ahead of Spot ETF Launch
14.7.2024
According to data, liquid staking protocols accumulated an additional 290,000 ether in the past 46 days. This increase raised the proportion of ETH in liquid staking protocols by 0.24%, bringing the total to 11.18% of Ethereum’s 120.2 million circulating supply. Shift in Liquid Staking:...
Nigerian Judge to Rule on Binance Tax Evasion Case in October
14.7.2024
Nigerian Justice Emeka Nwite recently set October 11 as the date for ruling in the trial of Binance Holdings Limited, a popular cryptocurrency platform. The platform and its two directors face a four-count tax evasion charge for failing to register with the Federal Inland Revenue Service (FIRS)....
US Lawmakers Submit Resolution Urging Nigeria to Release Jailed Binance Executive
13.7.2024
U.S. lawmakers have submitted a resolution calling on the Nigerian government to immediately release the jailed Binance executive, Tigran Gambaryan. In the resolution submitted to the Committee on Foreign Affairs, the lawmakers urge the United States government to utilize all available resources...
Binance tax evasion verdict set for October
13.7.2024
Binance's lawyer urged the judge to dismiss all charges, just as the charges against the detained executive were previously dropped, arguing that the case lacks substance
Binance tax evasion verdict set for October
13.7.2024
Binance’s lawyer urged the judge to dismiss all charges, arguing that the case lacks substance
Binance Seeks to Reduce Stake in Operator of South Korean Crypto Exchange Gopax to 10%
13.7.2024
Binance is reportedly seeking to reduce its stake in the South Korean crypto exchange Gopax’s parent company, Streami, to approximately 10%. Binance’s mooted sale of the stake to Megazone comes just over a year after Binance acquired the controlling stake. The exchange needs to offload...
Seven Years of Binance: CEO Richard Teng Shares Insights on Achievements and Future Goals
12.7.2024
Binance is celebrating its seventh anniversary, reflecting on its growth and achievements in the rapidly evolving cryptocurrency industry. In an open letter, Binance CEO Richard Teng shared his insights and perspective on the company’s journey and future. Binance CEO Richard Teng on Successes...
Blur Dips 8% Post Machi Big Brother $3.1M Binance Transfer
12.7.2024
Machi Big Brother, a popular crypto influencer, recently made headlines due to a rather significant transfer. According to on-chain data from Arkham Intelligence, Machi Big Brother has sold all of his BLUR holdings. Lookonchain reports, “Machi Big Brother has deposited all 18M $BLUR($3.1M)...
Exchange Bitcoin Reserves Fall Sharply This Week, Reaching $4B Outflow
12.7.2024
According to data from the past 40 days, the San Francisco crypto exchange and custody service Coinbase has experienced withdrawals totaling 12,585 BTC since June 1. Meanwhile, Binance has reported inflows of approximately 30,082 BTC during the same period. Despite these shifts, centralized...
Crypto trading volume to exceed $108T in 2024 with Europe in the lead
12.7.2024
Crypto trading volume is projected to surpass $108 trillion in 2024, with Europe leading in global transaction value and Binance as the most dominant exchange around the world
Crypto trading volume to exceed $108T in 2024, with Europe in the lead
12.7.2024
Crypto trading volume is projected to surpass $108 trillion in 2024, with Europe leading in global transaction value and Binance being the most dominant exchange worldwide
US lawmaker asks Congress to treat Binance exec in Nigeria as a ‘hostage’
11.7.2024
Rep. Rich McCormick called on the US government to formally declare Tigran Gambaryan as a hostage if his criminal case in Nigeria was not resolved by mid-July
US lawmaker asks Congress to treat Binance exec in Nigeria as a ‘hostage’
11.7.2024
Rep. Rich McCormick called on the US government to formally declare Tigran Gambaryan as a hostage if his criminal case in Nigeria was not resolved by mid-July
Binance to Slash Gopax Stake Amid Crypto Regulation Pressure
11.7.2024
Binance is reportedly in the final stages of negotiations to reduce its stake in Gopax, a leading South Korean crypto exchange. This move comes as Binance seeks to address regulatory concerns and maintain Gopax’s status as a won-based exchange in South Korea. Navigating Turbulent Crypto...
SEC will not pursue enforcement action against Paxos
11.7.2024
The stablecoin issuer received an SEC Wells notice in February 2023 warning of a potential lawsuit over Binance USD as an unregistered security
SEC Withdraws Enforcement Action Against Paxos’ BUSD Stablecoin
11.7.2024
The Securities and Exchange Commission (SEC) has decided to end its investigation into Paxos, a New York-based issuer of stablecoins, suggesting that stablecoins may not be treated as securities in most cases. This decision comes more than a year after the SEC sent Paxos a Wells Notice concerning...
Binance finalizes sale of majority stake in Gopax — Report
11.7.2024
Binance is preparing to reduce its 72.6% stake in the Gopax exchange to as low as 10%, according to local sources
Binance CEO: Crypto Prices May Fluctuate but Fundamentals Are Strong
11.7.2024
Binance CEO Richard Teng has highlighted the significant interest in bitcoin and other cryptocurrencies, noting that U.S.-listed bitcoin exchange-traded funds (ETFs) had attracted over $14.7 billion in net inflows over the past six months. Teng emphasized the industry’s robust long-term...
Whale transfers $50M in ETH amid ETF anticipation
10.7.2024
With the approval of the spot Ether ETF in the US approaching, attention turns to its potential impact on Ethereum’s trajectory in the coming weeks