A new video circulating on social media platforms like X (formerly Twitter) shows disturbing footage of Tigran Gambaryan, Binance’s head of crime compliance, who is currently imprisoned in Nigeria. The video has sparked significant outrage and calls for his release, especially as his health reportedly worsens. This inhumane treatment of
After burning an additional 1.19 billion Terra Classic tokens, Binance’s LUNC burn totaled approximately $65 billion. In the midst of a wider crypto market selloff and discussions about validators violating chain rules, the price of Terra Classic token in spot and derivatives markets has not recovered this time. Binance, a
As the cryptocurrency sector anxiously awaits a verdict, the Nigerian court has rescheduled the trial of Tigran Gambaryan, a former US federal agent and executive of crypto exchange Binance, until September 2. Later afternoon, the most recent court hearing involving Gambaryan will begin. The executive of Binance was taken into
The cutting-edge, technologically advanced payments bank Banking Circle S.A. and Binance Pay, a leading cryptocurrency contactless payment technology, have reached an agreement enabling Banking Circle S.A. to handle EURI payments on the Binance Pay platform. Since, EURI is now integrated into Binance Pay, users may deal with this stablecoin with ease, increasing
Binance Coin (BNB) finds itself at a critical juncture as it repeatedly fails to overcome a major resistance block, with its own traders exacerbating the situation by withdrawing funds at the first signs of bearish market sentiment. This confluence of factors has placed BNB in a precarious position, challenging its
Binance blocked Palestinian crypto funds. The exchange seized cryptocurrency from Palestinians as per the request of the Israel Defence Force (IDF). They refused to return the funds and all the appeals have been denied. Moreover, the assets are frozen and seized. Also, #BoycottBinance is currently trending on Twitter. In addition
A Nigerian court is bringing forward the hearing of a money laundering case involving Binance, the world’s largest cryptocurrency exchange, and two of its executives. The case, initially set for October 11, will now be heard on September 2, involving allegations of laundering over $35 million and tax evasion. This
DOGS, a new Telegram-native meme coin launched on August 26, 2024, dropped sharply in value despite gaining significant attention in the crypto community. Over the last 24 hours, the token saw its price tumble more than 39%, falling from a peak of $0.001856 to a low of $0.001129. This downturn
As the intersection of artificial intelligence (AI) and blockchain technology continues to evolve, Binance Labs has made significant investments in AI-focused startups. These strategic moves align with Binance’s commitment to fostering innovation and sustainable business practices in the rapidly growing Web3 ecosystem. On August 14, 2024, Binance Labs announced its
Binance Holdings Ltd., the world’s largest cryptocurrency exchange, will hire 1K new employees this year. Binance is significantly focusing on expanding its compliance team. This hiring spree comes as the company’s spending on regulatory compliance exceeds $200 million annually. Richard Teng, the CEO of Binance, shared these plans during an
