“As I have stated many times before and as the evidence in court is showing, Tigran has never been a decision-maker at Binance, and there is no justification for his continued detention,” Yuki Gambaryan, Tigran’s wife, said. “It is time for the Nigerian authorities to do the right thing and release my innocent husband.” Source
Tag: Binance
Crypto Exchange Binance Takes Action Against Account Misuse
Cryptocurrency exchange Binance has announced measures to address the misuse of account features on its platform, aimed at preventing unfair advantages such as better fee rates. Enhanced monitoring, investigations, and user reporting channels are part of the initiative, with rewards offered for verified misuse reports. Binance Cracks Down on Account Misuse to Uphold Compliance Cryptocurrency […] Source BitcoincryptoexchangeExchanges CryptoX Portal
SEC’s Case Against Binance Moves Forward With Major Allegations Intact
The U.S. District Court for the District of Columbia has issued an order in the SEC’s case against Binance and its founder Changpeng Zhao. The court allowed most claims to proceed, including those related to unregistered crypto sales and fraudulent practices, while dismissing some claims related to BUSD and secondary BNB sales. Some Charges Against […] Source CryptoX Portal
U.S. Judge Lets Most of SEC Case Against Binance Proceed, Dismisses Secondary Sales Charge
In a late Friday order, Judge Amy Berman Jackson, of the District Court for the District of Columbia, ruled that the SEC’s charges against Binance for the initial coin offering and ongoing sales for BNB, BNB Vault, staking services, failure to register and fraud charges can proceed. She granted Binance and Zhao’s motion to dismiss charges tied to secondary BNB sales and Simple Earn. Source
Dormant Bitcoin miner sends $3m to Binance after 14 years of inactivity
A rare “Satoshi era” Bitcoin miner address woke up after being dormant for 14 years, sending over $3 million worth of BTC to Binance. An early Bitcoin miner moved 50 BTC, equivalent to $3.05 million, marking a rare transaction from the “Satoshi era.” According to data from Lookonchain, the address 1PDTD…m3Jcm sent the funds to Binance on Jun. 27. Blockchain transaction history indicates that the miner obtained 50 BTC in July 2010, a few months after the Bitcoin network launched. A miner wallet woke up after being dormant for 14…
Binance CEO Richard Teng Says Crypto Exchange Has Frozen $5,300,000 in Digital Assets Linked to BtcTurk Hack
Binance CEO Richard Teng says the world’s largest crypto exchange is helping in the probe of hacked Turkish cryptocurrency market BtcTurk. In a post on the social media platform X, Teng says that Binance is assisting BtcTurk in the investigation and has so far frozen over $5.3 million worth of the stolen crypto assets. “Our investigations and security teams work around the clock as part of our proactive efforts to protect the ecosystem from bad actors. We will provide further updates as relevant.” BtcTurk, one of Turkey’s largest crypto exchanges,…
Binance CEO projects Bitcoin to surpass $80,000 by 2025; these cryptos may follow suit
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Binance CEO predicts Bitcoin will surpass $80,000 by 2025. Explore whether Solana, Rollblock, and BNB will follow Bitcoin’s bullish trajectory. Bitcoin is expected to surpass $80,000 by 2025, according to a daring forecast made recently by Binance CEO that has drawn interest from both investors and enthusiasts of the cryptocurrency. Discussions of the possible paths of some of the best altcoins to invest in including Solana, Rollblock, and Binance…
Binance Helps Btcturk With Hack Investigations — Freezes Over $5.3M in Stolen Funds
Turkish crypto exchange Btcturk has suffered a cyber attack which caused unauthorized withdrawals from the platform. Crypto exchange Binance is assisting Btcturk with investigating the breach and has already frozen over $5.3M in stolen funds, Binance’s CEO has disclosed. Btcturk has reopened deposits and withdrawals for all ERC20 cryptocurrencies on the ERC20 network. Binance Assisting […] Source BitcoincryptoexchangeExchanges CryptoX Portal
Nigeria Rejects Claims Jailed Binance Executive Denied Quality Healthcare
A Nigerian government official has rejected claims that the jailed Binance executive is being denied access to quality healthcare. In an apparent reference to the U.S. calls for Tigran Gambaryan’s release, the official stated that only the court, not the Nigerian government, can authorize such action. Tigran Gambayran’s Detention Court Sanctioned The Nigerian government has […] Source CryptoX Portal
Coinbase, Binance and Other Top Exchanges Roll Out Trading Support for Brand-New ‘Omnichain’ Altcoin
Coinbase, Binance and a host of other top crypto exchanges around the world rolled out immediate trading support for a brand new altcoin native to an “omnichain” project. LayerZero bills itself as an omnichain interoperability protocol. The project aims to move data across blockchains and support “censorship-resistant messages and permissionless development through immutable smart contracts.” On Thursday, the project launched its new native token, ZRO. Binance added support for the asset with a seed tag, and Coinbase assigned the token an experimental label. Both designations alert users to lower liquidity…