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Justin Sun invests $35 million in Binance
20.6.2024
The new development comes at a time when Curve Finance is recovering from a downward market trend. There was a 34% drop in Curve token value, paving the way for the liquidation of 100 million CRV. The new move will stabilize the decentralized finance tycoon, with Justin Sun’s recent...
Binance fights back against $4.4M Canadian AML fine
20.6.2024
Binance has filed a lawsuit challenging the Canadian Financial Transactions and Reports Analysis Centre’s (FINTRAC) fine of $4.4m. The penalty was imposed in May and concerns the lack of compliance with laws regarding the anti-money of money laundering (AML) and the financing of terrorism (CFT)....
Nigerian Court Dismisses Fugitive Binance Exec’s Rights Lawsuit
20.6.2024
A Nigerian court dismissed a human rights violation lawsuit filed by the fugitive Binance executive, Nadeem Anjarwalla, against law enforcement agencies. In his ruling, Judge Inyang Ekwo reportedly cited Anjarwalla’s lack of legal representation as one of the reasons for dismissing the lawsuit....
Binance fined $2.25M by India’s financial intelligence unit
20.6.2024
India’s financial watchdog issued charges against Binance after reviewing written and oral submissions from the Binance Director and available company records
Binance Fined $2.2M by India’s Financial Intelligence Unit
20.6.2024
Binance, the world's largest cryptocurrency exchange, has been fined approximately $2.2 million (18.82 crore INR) for providing services to Indian clients without adhering to the nation's anti-money laundering rules, India's anti-money laundering unit announced Thursday
Binance to appeal $4.4M fine from Canadian regulator
19.6.2024
The cryptocurrency exchange announced plans to exit the Canadian market in 2023 but may still face enforcement action from local regulators
Nigerian High Court dismisses Binance exec's suit over detention
19.6.2024
Nadeem Anjarwalla escaped prison and traveled to Kenya, and his colleague will press his rights claims in court next month
North Dakota latest US state to revoke Binance.US license
19.6.2024
North Dakota’s Department of Financial Institutions Commissioner pointed to Binance’s money transmitter and AML convictions to make its case
Multiple US States Have Revoked Binance US Crypto Licenses
18.6.2024
Multiple U.S. states have revoked or declined to renew Binance US money transmitter licenses due to compliance issues and legal troubles involving former CEO Changpeng Zhao (CZ). “North Dakota joins Alaska, Florida, Maine, North Carolina, and Oregon who have taken similar actions to revoke...
SEC’s Crypto Enforcement Chief Departs After 9 Years
18.6.2024
The head of the Crypto Asset and Cyber Unit at the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement has left the agency after nine years of service. Under his guidance, the SEC took many enforcement actions against crypto firms, including major crypto trading exchanges...
ZkSync token launches amid network load, RPC issues
17.6.2024
ZK token launch on multiple exchanges sees price fluctuations while zkSync manages network strain and scam threats
Zksync’s ZK Token Debuts With $932M Valuation, South Korean Market Shows Strong Interest
17.6.2024
Zksync’s token, known as ZK, is currently trading at a value 19% below its initial price of $0.321 during early morning sessions. The new cryptocurrency’s market valuation stands at $932.14 million, with each ZK token trading at $0.2575. This positions ZK among the top 100 largest market...
Binance initiating the registration of its ZKsync (ZK)
17.6.2024
Binance, the biggest cryptocurrency exchange globally, has initiated the registration of its ZKsync, along with the introduction of a ZK token allocation scheme. Trade, about the latest spot trading pairs, is slated for the 17th of June, 2024. The spot trading pairs which are accessible to ZKsync...
ZkSync defends Sybil measures as Binance offers own ZK token airdrop
17.6.2024
ZK Nation said its Sybil filtering approach was to ensure as many users as possible would get an allocation, but that would inevitably let through some Sybils
Binance co-founder beseeches Elon Musk to address cryptocurrency scams on X
15.6.2024
According to Yi He, “a significant amount of money” was lost when X.com users were tricked by an impersonation scam
Nigeria Drops Tax Evasion Charges Against Binance Executives
15.6.2024
Nigerian authorities dropped tax evasion charges against two Binance executives, Tigran Gambaryan and Nadeem Anjarwalla, after the cryptocurrency exchange appointed a local representative to represent it in ongoing court cases. Following the decision, Binance stated that it awaits the court’s...
Former Binance CEO 'CZ' owns 64% of BNB circulating supply — Report
14.6.2024
Forbes estimates Zhao's net worth at a staggering $61 billion—ranking the former CEO as the world's 24th richest person
Nigerian officials drop some charges against detained Binance exec
14.6.2024
The next court dates in Tigran Gambaryan's case are scheduled for June 19-20, according to family spokespeople
Investors Pull Nearly $11 Billion in BTC and ETH From Major Exchanges in 30 Days
14.6.2024
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 analysis reveals that since May 13, approximately $7.05...
Nigeria Drops Tax Charges Against Binance Executives
14.6.2024
The executives, Tigran Gambaryan and Nadeem Anjarwalla, are still named in a money-laundering case