US Lawmakers: Jailed Binance Executive, US Citizen, Wrongfully Detained by Nigeria

A group of U.S. lawmakers led by Micheal McCaul, the House Foreign Affairs Committee chairman, has accused the Nigerian government of wrongfully detaining Tigran Gambaryan. The lawmakers have asked the Biden Administration to transfer Gambaryan’s case to the Office of Special Presidential Envoy for Hostage of Affairs. Nigeria Using Gambaryan’s Detention to ‘Extort His Employer’ […] Source CryptoX Portal

Nigeria’s Anti-Graft Agency Announces Reward for Whistleblowers Exposing Local Currency Abusers

The Economic and Financial Crimes Commission (EFCC) in Nigeria has announced a 5% reward for whistleblowers who provide credible information leading to the prosecution of offenders involved in naira abuse. Dele Oyewale, the EFCC spokesman, emphasized the importance of enforcing the law and protecting the economy from negative impacts. The commission has already secured nearly […] Source CryptoX Portal

Meme Coin TROG Boosts Donald Trump’s Crypto Holdings to $31M

After less than a week, the 45th U.S. President Donald Trump has seen his cryptocurrency portfolio double in value. As the 2024 presidential candidate, he now holds $31.23 million in assets, thanks to a wave of donations. Trump’s Crypto Portfolio Doubles Donald Trump’s crypto wallet has grown significantly over the past five days, and data […] Source CryptoX Portal

JasmyCoin Price Prediction | Is JASMY a Good Investment?

JasmyCoin has pumped on rumors that the cryptocurrency has partnered with smartphone giant Apple, creating a huge buzz in the JASMY community. This article will address that rumor and assess the potential price prediction for JasmyCoin. What is JasmyCoin? JasmyCoin (JASMY) is the native token for Jasmy, a project aimed at allowing internet users to monetize their own browsing data and sell it to advertising companies. JASMY is a utility token built on Ethereum, and performs a similar role to that of the more widely known BAT token in the…

Tether CEO Advises Caution Over Suspicious Airdrop Emails Citing Compromised Mailing List Vendor

Paolo Ardoino of Tether and Bobby Ong of Coingecko have warned of a potential supply chain attack on the crypto industry. They reported that a prominent vendor managing mailing lists for crypto companies may have been compromised, urging caution against phishing emails related to fake crypto airdrops. ‘Beware of Any Emails Suggesting Crypto Airdrops’ Paolo […] Source CryptoX Portal

will blockchain play a role?

BlackRock and Citadel Securities have invested in a group aiming to disrupt the U.S. stock exchange market.  Texas Stock Exchange chairman and CEO James H. Lee boasts a warchest of $120 million from over 24 investors to potentially launch an exchange to rival NYSE and Nasdaq. Among the consortium of investors includes the world’s largest asset manager, BlackRock, and giant market maker Citadel Securities.  TXSE announcemet | Source: LinkedIn Are BlackRock and Citadel planning a blockchain move in stock markets? According to The Wall Street Journal, the TXSE envisions itself…

Ahead of Ether ETFs Debut, Bitmex Introduces 200x Leverage for Ethereum

On June 5, 2024, the crypto derivatives exchange Bitmex announced it is offering 200x leverage for ethereum perpetuals ahead of the U.S. ether exchange-traded funds (ETFs) trading debut. Bitmex Ramps Up Ethereum Trading With 200x Leverage Offering According to a social media post on X published Wednesday, Bitmex is introducing 200x leverage perpetuals for ethereum […] Source BitcoincryptoexchangeExchanges CryptoX Portal

SEC Commissioner Advocates for Withdrawal of SAB 121 — Says Biden’s Veto Was Unfortunate

U.S. Securities and Exchange Commission (SEC) Commissioner Mark Uyeda advocates for the withdrawal of Staff Accounting Bulletin 121 (SAB 121), which sets guidelines for accounting crypto liabilities. He argues that the method of its issuance undermines the foundational checks and balances designed to prevent excessive administrative control. Despite bipartisan support for a resolution to repeal […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Ripple president: Stablecoin likely this year

Ripple president Monica Long said the XRP issuer is likely to enter the $161 billion stablecoin market before the end of the year.  The stablecoin market is growing in leaps and bounds as experts predict a multi-trillion ecosystem for U.S. dollar-pegged tokens in the next three to five years, Ripple’s Long stated in an interview with CNBC at Money 20/20 in Amsterdam.  According to Ripple’s president, the stablecoin market is primarily driven by demand for access to U.S. dollars and an efficient global fiat-denominated payment system powered by blockchain technology. …