Major crypto exchange Binance has recently made a significant change to its Secure Asset Fund for Users (SAFU), converting the entirety of this emergency insurance reserve into USDC, the second-largest stablecoin by market capitalization after Tether. The SAFU is designed as a safety net for Binance users, providing reimbursement in the event of lost investor […]
Binance Shifts SAFU to USDC for Stability Read More »
Paris Blockchain Week concluded its fifth annual event, featuring a series of influential panels and discussions led by global industry leaders. The event unfolded over three days, teeming with insights and forecasts that have stirred the crypto community. Venture capitalist Tim Draper, known for his early investments in companies like Tesla and Coinbase, shared an
Paris Blockchain Week: Future Insights Read More »
Binance executive Tigran Gambaryan was detained by Nigerian authorities in February, facing serious allegations of money laundering. On Monday, in a high court hearing, Gambaryan pled not guilty to the charges, according to local media reports. The case, which has ensnared one of the largest cryptocurrency exchanges in the world, shines a spotlight on the
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As the Saga layer-1 blockchain network gears up for its much-anticipated token listing, the crypto community has shown unprecedented enthusiasm, particularly among Binance users. In a remarkable display of interest, these users have shattered previous records by staking over $13.1 billion in Binance Coin (BNB) and the FDUSD stablecoin through Binance’s Launchpool campaign platform. This
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Binance, one of the leading crypto exchanges, has declared its decision to discontinue support for Bitcoin Ordinals on its NFT marketplace. This announcement marks a pivotal shift in the platform’s strategy towards NFT-like inscriptions, reflecting Binance’s broader initiative to refine its product offerings. Effective from April 18th, the ability to trade Bitcoin Ordinals on the
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The Nigerian federal government has joined forces with the International Criminal Police Organization (Interpol) to chase the extradition of a key Binance executive, Nadeem Anjarwalla, following his unexpected escape from detention within the country. This pursuit underscores a significant escalation in Nigeria’s crackdown on alleged financial crimes linked to the crypto industry, marking a pivotal
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Binance, one of the world’s leading cryptocurrency exchanges, finds itself at the centre of a dramatic episode in Nigeria. According to reports from Premium Times, a Nigerian publication, Nadeem Anjarwalla, Binance’s Regional Manager for Africa, has made a daring escape from custody in Abuja. Anjarwalla, detained along with Tigran Gambaryan, the exchange’s Head of Financial
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CommEX, the entity that took over Binance‘s former Russian operations, has announced a comprehensive cessation of its website services scheduled for May 10, as per a detailed blog post released on Monday. This decision marks a significant closure, reflecting the volatile dynamics within the cryptocurrency exchange landscape, particularly in the Russian market. CommEX’s strategic manoeuvre
CommEX Shuts Down: A Post-Binance Era Read More »
Bitcoin (BTC) $ 113,779.00 0.84%
Ethereum (ETH) $ 4,308.14 4.46%
XRP (XRP) $ 2.93 1.35%
Tether (USDT) $ 1.00 0.01%
BNB (BNB) $ 863.70 4.58%
Solana (SOL) $ 184.32 4.65%
USDC (USDC) $ 0.999857 0%
Lido Staked Ether (STETH) $ 4,297.91 4.49%
TRON (TRX) $ 0.351509 1.15%
Dogecoin (DOGE) $ 0.218297 3.51%