Tag: Binance

Binance Coin Breaks New Ground, Hits ATH At Nearly $720

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Binance Coin (BNB), the native token of the world’s largest cryptocurrency exchange Binance, has been on a tear in recent weeks. After breaking free from a period of consolidation, BNB skyrocketed to a new all-time high of $717 on Friday. Despite a minor correction, the coin remains firmly in bullish territory, with analysts predicting further potential for growth. Related Reading Surge In Demand Fuels Rally Before its recent climb, BNB had been trading within a sideways range, a pattern commonly observed before a major price shift. This consolidation phase allowed…

Jailed Binance Executive: 108 Former US Government Workers Echo Calls for Biden Administration’s Intervention

Over 100 former federal prosecutors and federal agents have asked the U.S. State Department to intensify its efforts to secure the release of Tigran Gambaryan, a U.S. citizen and Binance employee, from custody in Nigeria. In a letter addressed to Anthony Blinken, the 108 ex-government employees expressed concern that the U.S. efforts to date have […] Source CryptoX Portal

Former Federal Prosecutors, Agents Ask U.S. Sec. Blinken to ‘Step Up’ Efforts to Secure Detained Binance Exec’s Release

Despite a court order to move him to a hospital from Kuje prison – known to hold violent criminals and terrorists, including members of the Islamist jihadist group Boko Haram – Nigerian officials have reportedly refused to transfer him. In their letter to Sec. Blinken, Haun and the other signers call Gambaryan’s captivity “not only unjust but inhumane,” adding that, in addition to not receiving adequate medical care, he has not been allowed to speak with his lawyers or family. Source

Binance Confirms Mastercard and Visa Support for Crypto Purchases but No Binance Credit Card Issued

Cryptocurrency exchange Binance posted on social media platform X Thursday that users can purchase cryptocurrency using Mastercard, Visa, or SEPA for bank transfers. The announcement led to confusion among some users regarding the reintroduction of Binance-branded credit cards. Binance Customer Support clarified that the current facilities allow the use of existing payment methods to buy […] Source CryptoX Portal

Kraken and Binance delisted Bitcoin SV. Now, they’re being sued for $13bn

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Bitcoin SV was pulled from both exchanges in 2019 after Dr Craig Wright claimed he was Satoshi Nakamoto. Now, a class action alleges that caused the coin’s investors big losses. Fresh from a damning ruling that Craig Wright “extensively and repeatedly” lied about being Bitcoin’s pseudonymous creator Satoshi Nakamoto, another crypto showdown is now unfolding in British courts. The case currently being heard by the Competition Appeals Tribunal in London relates to Bitcoin Satoshi Vision — Bitcoin SV for short — which was created back in 2018 following a hard…

Binance Resumes Mastercard Payments for Crypto

“Following an extensive review of the rigorous controls and processes that Binance put into place, Mastercard made the decision to allow Binance-related purchases on its network,” a Binance spokesperson said via email. “We look forward to adding support for further products, such as withdrawals, at a later date.” Source

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