Binance, the world’s largest cryptocurrency exchange, has helped India’s Enforcement Directorate (ED), the authority investigating financial crimes, in the arrest of four individuals in a gaming scam worth $47.6 million, the exchange said on Wednesday. Source
Crypto exchanges Binance and Tokocrypto collaborated with Indonesian law enforcement to crack down on a crypto scam, seizing $200,000 in stolen assets. “During the investigation, multiple individuals involved in managing the accounts that received the stolen funds were arrested,” Binance stated. Binance and Tokocrypto Help Bust Major Crypto Fraud in Indonesia Crypto exchange Binance announced […] Source CryptoX Portal
Meet Samuel Edyme, Nickname – HIM-buktu. A web3 content writer, journalist, and aspiring trader, Edyme is as versatile as they come. With a knack for words and a nose for trends, he has penned pieces for numerous industry player, including AMBCrypto, Blockchain.News, and Blockchain Reporter, among others. Edyme’s foray into the crypto universe is nothing short of cinematic. His journey began not with a triumphant investment, but with a scam. Yes, a Ponzi scheme that used crypto as payment roped him in. Rather than retreating, he emerged wiser and more…
CoinspeakerBinance CEO Richard Teng: Exchange Sees 40% Rise in Institutional Investors This Year Binance CEO Richard Teng announced a 40% rise in institutional and corporate investors on the platform this year. He shared this achievement during an interview with CNBC on September 18, 2024. Teng noted that this jump in institutional interest is “just the beginning,” as many firms are still conducting research before fully entering the crypto market. Even with ongoing regulatory challenges, Binance has managed to attract major investors, highlighting the company’s strategic shift under Teng’s leadership. Since…
“The WazirX team and Nischal Shetty continue to mislead WazirX customers and the market regarding the relationship between WazirX and Binance,” it wrote in a statement. “Binance has not owned, controlled, or operated WazirX at any time, including before, during, or after the July 2024 attack.” Source
Joerg Hiller Sep 19, 2024 06:18 Early bird tickets for Binance Blockchain Week Dubai 2024 are now available for $150, offering a 75% discount on the full price. Early bird tickets for the highly anticipated Binance Blockchain Week Dubai 2024 have now been priced at $150, excluding a 5% VAT, according to an announcement by Binance. This new pricing represents a significant 75% discount compared to the full-price ticket of $600. How to Get Early-Bird Tickets at Discounted Prices The early bird…
Surges in Binance spot volume have coincided with local market tops in the past. In fact, similar instances on Aug. 8, 15, 20 and 23 were all followed by a pullback in the price of bitcoin. True to form, the cryptocurrency has retreated below $60,000 following this most recent uptick. Original
The Hemi testnet is now live, with a mainnet launch planned for the fourth quarter. Source link
The world’s leading cryptocurrency exchange by trading volume is distancing itself from a cyberattack that recently compromised the WazirX trading platform. In a statement released today, Binance said that it has never owned, controlled, or operated WazirX and that it was not involved in the compromised wallet, contrary to speculation. “The WazirX team and Nischal Shetty continue to mislead WazirX customers and the market regarding the relationship between WazirX and Binance. Binance has not owned, controlled, or operated WazirX at any time, including before, during, or after the July 2024…
The dynamics are not necessarily that straightforward, as the prospect of larger cuts could cause a panicky reaction for risk asset prices, K33 Research analysts noted. “Similar large cuts occurred during the 2001 and 2007 recessions, often signaling heightened recession risks in the U.S,” K33 Research said in a Tuesday report. However, those historical comparisons could be misleading, as real rates are at their peak with inflation coming down over the past months allowing a speedier pace of cuts, the report added. Market participants currently see the fed funds rate…