Tue, March 19

Binance Launches CRYPTO Perfume to Lure Women into Crypto

The world’s biggest cryptocurrency exchange by trading volume and leading blockchain ecosystem, Binance, is bringing a new dimension to the world of finance and fragrance with the launch of its premium perfume, CRYPTO. This innovative marketing campaign, which was organized by Binance’s female marketing professionals, is timed to coincide with

March 6, 2024 3 mins read

Binance to Cease Nigerian Naira (NGN) Services Amidst Increased Scrutiny

In light of the increased scrutiny that Binance in Nigeria has been receiving, the crypto exchange—recently announced its intention to end all services related to the Nigerian Naira (NGN). Binance seems to have come under further scrutiny due to its past legal troubles on an international level, in the midst

March 5, 2024 1 min read

Binance Burns 2.21B Terra Luna Classic (LUNC) in 19th Burn Batch

In the 19th batch of the LUNC burn mechanism, crypto exchange Binance, burnt 2.21 billion Terra Luna Classic (LUNC) tokens. This brings the total number of tokens burnt by the Terra Luna Classic community to over 102 billion, while the net burn by the crypto exchange reaches over 53 billion.

March 2, 2024 1 min read

Nigeria Dismisses $10 Billion Binance Fine Claim

In a tightening regulatory landscape for cryptocurrency exchanges in Nigeria, the government has refuted recent speculation surrounding a purported $10 billion fine on Binance. Bayo Onanuga, a special adviser to the Nigerian president on information and strategy, dismissed the allegations reported by the BBC as a misquotation. According to a

March 2, 2024 2 mins read

Nigerian Government Slaps $10 Billion Fine on Binance

Binance, a cryptocurrency exchange, has been fined $10 billion by the Nigerian government for making money via “illegal transactions,” according to Bayo Onanuga, a special advisor to President Bola Tinubu. In a Friday interview with the BBC, Onanuga revealed the monetary fine. In recent months, the government’s position on the

March 1, 2024 1 min read

Binance VIP Program Opens Doors to Traditional Asset Traders

A new promotion for Binance’s VIP Invitation Program was unveiled today. By aggregating their spot or futures trading volume on cryptocurrencies and traditional assets from up to two trading venues, new users who trade cryptocurrencies and/or traditional assets on other platforms can now become Binance VIPs in an even more

February 28, 2024 2 mins read

Binance Nigeria Witnessed $26B Flow From Unidentified Sources

In a tumultuous period for cryptocurrency exchanges in Nigeria, Binance Nigeria has come under intense scrutiny as it facilitated transactions exceeding $26 billion from unidentified sources within the past year. The digital assets platform, known for its peer-to-peer trading model, allows users to engage in buying and selling cryptocurrencies with

February 28, 2024 2 mins read

Magic Square, Backed by Binance Labs, Acquires Token Launchpad TruePNL

For an unknown amount, Magic Square, a web3 app store that is backed by Binance Labs and other investors, purchased TruePNL, a token launch platform. Andrey Nayman, founder and CEO of Magic Square, stated: “The acquisition was financed entirely with cash. As part of the deal, Magic Square has acquired TruePNL’s

February 24, 2024 3 mins read

Nigeria Blocks Crypto Exchanges Amid Regulatory Uncertainty

The activities of prominent cryptocurrency exchanges, such as Binance, OctaFX, and Coinbase, have been disrupted by Nigeria. Particularly, this step follows the Central Bank of Nigeria’s recent decision to allow cryptocurrency transactions, indicating a very uncertain regulatory environment for digital assets in the nation. Meanwhile, the Nigerian government has ordered

February 22, 2024 1 min read