The crypto exchange HKVAEX, linked to the world’s largest crypto exchange, Binance, has withdrawn its virtual asset trading platform license application from the Hong Kong Securities and Futures Commission (SFC) post-deadline. The Hong Kong securities regulator asked crypto exchanges and firms to apply for the license before the deadline of February 29. HKVAEX Withdraws Application…
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On Friday, March 29, 2024, the combined open interest in bitcoin futures reached a new all-time peak of $37.55 billion. This uptick occurs amid buoyant bitcoin markets and a growing attraction from institutional investors. Bitcoin Futures Open Interest Reaches Unprecedented $37.55 Billion Since the close of 2023, interest in bitcoin (BTC) derivatives has escalated, reaching…
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Popular crypto analyst Xremlin, known on social platforms as @0x_gremlin, told his 104,000 followers that the altcoin season in 2024 could eclipse the monumental gains seen in 2021. Reflecting on the historical significance of major exchange listings, Xremlin emphasized, “Altseason 2024 > Altseason 2021. Your bags are headed to Valhalla.” During the 2021 altseason, altcoins…
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Hours after introducing Ethena (ENA) on Binance Launchpool, a fake ENA token has been exploited for 480 BNB worth $290,000. According to a report by on-chain security firm PeckShield on Friday, the exploited token is the fake version of ENA. “The token shares the same name as the legitimate ones,” the updated post on X…
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Detained Binance executive Tigran Gambaryan has sued two Nigerian agencies, accusing them of infringing his basic human rights. Local media outlet Premium Times reported Thursday that the suit was filed against the Natural Security Adviser (NSA) and the Economic Financial Crimes Commission (EFCC) on March 18. Meanwhile, Nadeem Anjarwalla, Binance’s regional manager for Africa, has…
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The Philippines has proceeded to block crypto exchange Binance. The country’s Securities and Exchange Commission (SEC) has concluded that the public’s continued access to Binance’s websites and apps “poses a threat to the security of the funds of investing Filipinos.” The Philippine SEC Warns Against ‘Investing in and Using Binance’ The Philippine Securities and Exchange…
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Binance, the world’s largest cryptocurrency exchange, is facing tax evasion charges in Nigeria, as the dispute between the exchange and Nigerian authorities escalates. The country’s tax watchdog, the Federal Inland Revenue Service (FIRS), announced the charges against Binance and revealed that two Binance executives have been detained by the government, local media outlets reported Monday. The charges…
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Crypto exchange Binance will end support for TRC-20-based USDC tokens on April 5, following an announcement by USDC issuer Circle to discontinue support for the stablecoin on the Tron blockchain. Circle ceased minting USDC on Tron and aims to phase out support entirely, aligning with efforts to maintain USDC’s trust, transparency, and safety. Binance users…
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The crypto market has recently experienced a wave of liquidations, amounting to nearly $300 million, closely following Bitcoin’s sharp reclaim of the $67,000 mark. This surge in Bitcoin’s value, a stark reversal from its previous downtrend, caught many traders off guard, especially those who had placed bets on the continuation of the market’s decline. Over…
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On-chain data shows a Solana whale has just moved a massive SOL stack to Binance, which could prove to be bearish for the asset’s price. Solana Whale Has Deposited 1 Million SOL To Binance Today According to data from the cryptocurrency transaction tracker service Whale Alert, several large SOL transactions have occurred on the blockchain…
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