Binance expands margin trading pairs for $TON, $DOGS, $JUP, and more, now available on cross and isolated margins. Mixed performance observed, with $APT gaining 4%. This move aims to diversify options and boost liquidity.
DTX Exchange launches testnet for its L1 blockchain, raising $1.8M post-launch. The VulcanX protocol aims to cut trading fees and support multi-channel trading, enhancing security and unifying traditional and decentralized assets.
$CHESS surges 41% after @Binance lists CHESS/USDT perpetual contracts with up to 75x leverage. Other exchanges like BingX follow suit, boosting optimism. However, RSI indicates potential overbought conditions, suggesting a possible price correction ahead.
? Binance CEO Richard Teng debunks allegations of freezing all Palestinian user funds. Only accounts linked to illicit activities were blocked. Binance follows international anti-money laundering laws to ensure compliance and remains committed to user education and regional peace. $BNB @cz_binance
Binance expands trading options with new pairs for $DOGS, $RARE, $PEPE, and $SOL. Despite the market downturn, the launch of Spot Algo orders aims to enhance user trading strategies. ?? #Binance #CryptoNews
Binance freezes Palestinian funds at IDF request, sparking crypto community concerns. All appeals denied, citing legal orders. Fears grow for users in Lebanon and Syria. Despite controversy, Binance plans to hire 1,000 by end of 2024.
Binance urges US intervention after Nigerian detention of executive Tigran Gambaryan. Held over six months without legal or medical access, says CEO Richard Teng. Nigerian authorities dispute claims. Resolution may impact global crypto regulatory practices.
Binance CEO Richard Teng disputes Nigeria’s $26B revenue claim, clarifies transaction volume was $21.6B. Teng attributes Naira depreciation to macroeconomic factors. Concerns grow over Tigran Gambaryan’s detention since February. Outcome may reshape regulatory landscape.
A Nigerian court will hear the money laundering case against $BNB executives Nadeem Arjarwalla and Tigran Gambaryan on September 2. Charges include laundering and tax evasion, with claims Binance’s operations devalued the naira. Crypto community demands Gambaryan’s release.
Tigran Gambaryan, a former U.S. federal agent and Binance employee, has been detained in Kuje Prison, Nigeria, since Feb 26, 2024. Denied medical care and a wheelchair, his health has deteriorated. Family calls for urgent release.
WazirX initiates phased INR withdrawals, unlocking 33% of balances. @NischalShetty targets two weeks for the next phase, aiming to release another 33%. Withdrawal fees cut from INR 25 to INR 10 to ease the process.
Binance lists $EURI, a MiCA-regulated EURO stablecoin, with zero trading fees on EUR/EURI and EURI/USDT pairs starting August 28, 2024. EURI ensures transparency and security, boosting liquidity and market adoption in Europe. Withdrawals start August 29.
FTX’s restructuring plan faces significant legal challenges despite 95% creditor support. U.S. Trustee Andrew R. Vara and creditor rep Sunil Kavuri criticize legal protections and advocate for in-kind repayments. Key hearing set for October 7, 2024. @FTX_Official
Federal Court Rules in Favor of SEC in Kraken Lawsuit. The court denied Kraken’s motion to dismiss, citing securities law violations. Kraken must respond within 20 days; next hearing on Oct 15, 2024. This ruling may set a precedent for future crypto regulatory actions.
