Crypto: Binance Nigerian Crisis Unfolds
Tigran Gambaryan’s eight-month detention in Nigeria ends as charges drop, highlighting ongoing tensions between @Binance and Nigerian authorities over crypto regulation. #Update #Legal @Binance ↗ (+7)
Focuses on platforms where cryptocurrencies are bought, sold, or traded, including features, security measures, and exchange rates.
Tigran Gambaryan’s eight-month detention in Nigeria ends as charges drop, highlighting ongoing tensions between @Binance and Nigerian authorities over crypto regulation. #Update #Legal @Binance ↗ (+7)
@cryptocom launched a sports prediction market in the U.S., starting with the Super Bowl, allowing users to bet using digital assets like $CRO, amid rising interest in crypto-based sports betting. #Update #Crypto @cryptocom ↗ (+6)
The Russian government imposed a six-year ban on crypto mining in 10 regions, including Dagestan and Chechnya, due to high power consumption, effective Jan. 1, 2025, to March 15, 2031, Tass reported. #Breaking #Legal @TassAgencyEn ↘ (-6)
Bitcoin exchange reserves surge as traders brace for potential market shift, signaling increased anticipation of volatility. #Update
@Bitget, @Uniswap, and @FTX soar as top crypto gainers, with $BIT, $UNI, and $FTT leading the charge; potential for best wallet token to pump next amid market volatility. #Update #Crypto @Bitget ↗ (+6)
BYDFi has upgraded its perpetual contract system with unrealized profit use, improved hedging, and cross-margin mode for enhanced trading flexibility and security. #Update #Crypto @BYDFi ↗ (+6)
@OKX will delist $XRP and $LTC USDT-margined and crypto-margined expiry futures today, potentially causing price volatility amid trader reactions. #Update #Crypto @OKX ↘ (-3)
ASIC sues @BinanceAustralia for client misclassification; Interpol issues Red Notice for Hex’s founder; Tornado Cash updates emerge, highlighting regulatory scrutiny. #Breaking #Legal @BinanceAustralia ↘ (-8)
@CryptoCom launches Sports Event Trading, a CFTC-regulated platform for sports betting in the U.S., offering $100 payouts for correct predictions in USD and 350+ cryptocurrencies. #Update #Crypto @CryptoCom ↗ (+7)
PancakeSwap’s 2024 trading volume hit $310B, a 179% increase driven by DeFi growth, layer-2 adoption, and user-focused upgrades. Crypto @PancakeSwap ↗ (+6)
@Binance and founder Changpeng “CZ” Zhao request dismissal of US Securities and Exchange Commission lawsuit, citing failure to meet Howey test and lack of investor harm evidence. $BNB price rises 2% to $685.20. #Update #Legal @Binance ↗ (+3)
@Binance announced HIVE perpetual contract with up to 75x leverage, causing $HIVE to surge 11%; added BIO Protocol to Launchpad, enhancing DeSci liquidity with farming from Dec 24-Jan 2. #Update #Crypto @Binance ↗ (+6)
Bybit unveils its Proof of Reserves report with reserve ratios of 115% for $BTC, 106% for $ETH, and 103% for $USDT as of December 12, 2024, reinforcing financial transparency. #Update #Crypto @Bybit ↗ (+6)
@MicroStrategy adds former @BinanceUS CEO Brian Brooks to its board, amid speculation of his potential SEC Chair candidacy. #Breaking #Legal @MicroStrategy ↗ (+8)