CoinspeakerBinance Founder Changpeng Zhao Apologizes in Letter to Presiding Judge Ahead of Upcoming Sentencing Former Binance CEO alias CZ will be sentenced on April 30, with the DoJ seeking a harsher punishment of 3 years. Binance Founder Changpeng Zhao Apologizes in Letter to Presiding Judge Ahead of Upcoming Sentencing
Read More »Nigeria’s Central Bank Issues Denial Regarding Alleged Freeze on Crypto Accounts
CoinspeakerNigeria’s Central Bank Issues Denial Regarding Alleged Freeze on Crypto Accounts The situation became confusion when the central bank of Nigeria initially refuted the report on X, only to remove the denial. Later, they asserted that the allegations were indeed false, leading to uncertainty regarding the true circumstances. Nigeria’s Central Bank Issues Denial Regarding Alleged Freeze on Crypto...
Read More »Binance Rolls Out Copy Trading for Spot Crypto Contracts
CoinspeakerBinance Rolls Out Copy Trading for Spot Crypto Contracts Binance said it now allows users to take up dual roles on the platform. Users can register for both lead and copy trading. Binance Rolls Out Copy Trading for Spot Crypto Contracts
Read More »Whales Accumulating Ethereum and XRP amid Market Fluctuations: What’s Next for These Assets?
CoinspeakerWhales Accumulating Ethereum and XRP amid Market Fluctuations: What’s Next for These Assets? A breakout from the tight upper Bollinger Bands at $0.69 could signal a bullish run for XRP. Whales Accumulating Ethereum and XRP amid Market Fluctuations: What’s Next for These Assets?
Read More »Binance Exec, Who Fled Nigeria, Denies Report of Extradition from Kenya
CoinspeakerBinance Exec, Who Fled Nigeria, Denies Report of Extradition from Kenya The Nigerian government has been pushing the Binance crypto exchange to pay as much as $10B for the significant economic disruption caused. Binance Exec, Who Fled Nigeria, Denies Report of Extradition from Kenya
Read More »Binance Executive’s Legal Battle in Nigeria Hits Another Roadblock as Appeal Stalls
Binance executive Tigran Gambaryan remained entangled in a legal battle with Nigeria’s Economic and Financial Crimes Commission (EFCC) with his bail application hearing being postponed yet again. The Federal High Court in Abuja adjourned his case after the EFCC’s lawyer requested more time to respond to new issues Gambaryan’s defense team raised. Gambaryan’s Appeal Adjourned According to a local news report by Nairametrics, the presiding judge, Justice Emeka Nwite, consented...
Read More »Binance Converts $1B SAFU Fund to USDC, Now 3% of Circulating Supply
Binance has announced that it is converting its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin (USDC). Following the $1B conversion into USDC, this stash now makes up approximately 3% of Circle’s total circulating supply, which is $32.6 billion. SAFU Assets Shift to USDC for Stability In an April 18 announcement by Binance, the exchange emphasized the importance of SAFU in its ecosystem. Binance stated, “SAFU continues to be a core part of our responsibility to the...
Read More »Important Binance Announcement Affecting Some Altcoin Traders: Details
TL;DR Binance will introduce new perpetual contracts with high-leverage options, enhancing its futures trading platform. Despite these additions, the involved cryptocurrencies face declines in a generally falling market. What’s New? The world’s largest cryptocurrency exchange will expand the list of trading options offered on Binance Futures to enhance users’ experience. It will launch the ARB/USDC and NEO/USDC perpetual contracts with up to 50x leverage, while FIL/USDC will...
Read More »Nigeria Government Want Extradition for Binance Exec Found in Kenya: Report
Binance executive Nadeem Anjarwalla is facing extradition from Kenya following his escape from custody in Nigeria. He was spotted after a manhunt was launched from Nigeria that led the authorities to Kenya, where his whereabouts were discovered. Binance Executive Set to Be Extradited According to a local report, the Nigerian government is working on extraditing Anjarwalla back to Nigeria in collaboration with Interpol and Kenyan authorities. The Binance executive will face...
Read More »Important Binance Announcement Affecting WIF and PEPE Traders
TL;DR Binance added 18 new cryptocurrencies, including meme coins and established altcoins, to its loan program and introduced new tokens to its VIP Loan section. Binance Loans allows users to borrow funds using their crypto stash as collateral. The leading cryptocurrency exchange, Binance, continues implementing amendments to its platform to respond to current market trends and enhance users’ experiences. Most recently, it added 18 new loanable assets to Binance Loan. Some...
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