Binance – Page 19 – Ƀitsell X

Binance Executives Stripped of Passports, Held in Confinement by Nigerian Authorities for Two Weeks

March 12, 2024

Two senior executives from cryptocurrency exchange Binance have been detained against their will by Nigerian authorities for the past two weeks. Tigran Gambaryan, who leads Binance’s criminal investigations team, and Nadeem Anjarwalla, Binance’s regional manager for Africa based in Kenya, have been stripped of their passports and confined to government property in Abuja, the Nigerian…
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Ether Locked in Liquid Staking Platforms Skyrockets to $54.34B With a $26.85B Rise in 64 Days

March 11, 2024

The volume and worth of liquid staking derivatives (LSDs) have expanded significantly since the beginning of the year, with 1.56 million ether being added to LSD protocols since Jan. 6. The total value of ethereum stored surged by $26.85 billion in the last two months. LSD Market Flourishes: Ethereum Holdings Cross $54 Billion Milestone In…
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Investors Get Green Light to Pursue Class Action Against Binance

March 9, 2024

A group of investors who sought to sue cryptocurrency exchange Binance, its former CEO Changpeng Zhao, and other executives have been given a fresh chance to pursue their case. The Second Circuit Court of Appeals recently overturned a lower court’s ruling that dismissed the lawsuit, allowing the putative class action to proceed against the world’s largest crypto exchange.…
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Bitcoin Futures Market Attracts Unprecedented Open Interest as Derivatives Appetite Grows

March 9, 2024

The latest bitcoin derivatives data indicates a continued climb in bitcoin futures open interest, hitting all-time peaks. Over the last day, statistics reveal an open interest of $32.30 billion across fourteen distinct bitcoin futures markets. Soaring Open Interest in BTC Futures Signals Growing Derivatives Market Friday, March 8, 2024, marked a notable day when BTC…
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Binance’s ‘Crypto Perfume’ for Women Receives Industry-Wide Criticisms

March 8, 2024

Crypto exchange behemoth Binance has revealed a ‘crypto’ luxury perfume in a move to lure more women into the digital asset space. The fragrance was unveiled in conjunction with the International Women’s Day. Rachel Conlan, Chief Marketing Officer at Binance, calls the campaign as “bold, distinctive, and deliberately disruptive.” She added that “it’s a message…
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Binance Receives Cyber Security Professional Award from Hong Kong Authorities

March 7, 2024

The Hong Kong government recognized Binance, a prominent cryptocurrency exchange, with the Cyber Security Professional Merit Award, highlighting its efforts to safeguard users in the dynamic Web3 landscape. The crypto exchange received the award under the banking and finance category. Thus, it became the only Web3 firm to receive such an award from Hong Kong…
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Binance WIF Hat: Dogwifhat Listing Announcement Skyrockets Price 25% To New ATH

March 6, 2024

Binance just announced the listing of Dogwifhat (WIF), the Solana-based coin climbing up in the memecoins ranking. The price of the dog-themed coin positively reacted to the announcement news and reached a new all-time high. WIF Now Trading On Binance Today, Binance announced the highly anticipated listing of Dogwifhat. WIF has been experiencing a crazy…
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The Nigerian Government and Binance: The Way Forward — CMO of Flincap

March 3, 2024

The promise of the blockchain and cryptocurrency still remains strong. Globally, there continues to be growing interest in the blockchain and peer-to-peer exchanges. We are seeing the institutional adoption of crypto and a rise in interest in retail adoption, too. We have seen the example in the approval of ETFs for bitcoin. However, with every…
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PEPE Whale Makes Big Moves With 1.97T Deposit To Exchange And SHIB Transaction

February 29, 2024

Recently, a PEPE whale made a series of moves that resulted in over $3 million in realized profits after the token’s recent price surge. The whale then took a new position and showed potential gains. Whale’s Big Moves Bring Big Money As reported by Lookonchain, a blockchain analytics platform, a whale made a big move…
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Nigeria Detains Two Binance Executives, Crypto Platform Accused of Exchange Rate Manipulation

February 28, 2024

Nigerian authorities have reportedly detained two senior executives from Binance who had recently arrived in the country. The Central Bank of Nigeria’s governor stated that in 2023 alone, $26 billion flowed through the cryptocurrency exchange from sources and users that the bank could not adequately identify. Passports of Binance Executives Seized Authorities in Nigeria have…
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