Bitcoin Sales Surge on Coinbase Prime
U.S. gov transfers 14,000 $BTC to Coinbase Prime are confirmed as sales by legal expert Scott Johnson. Bitcoin slips to $59,155, down 3% this week. U.S. still holds $12.4B in crypto assets. #Bitcoin #CryptoNews
Crypto Exchange
Synapse Coin Soars 40 Binance Listing
? $SYN soars 40% to $0.560 after @Binance announces SYN’s USD-Margined perpetual contract with up to 50x leverage. Trading volume spikes 191%. Capped funding rate at ±2.00%, adjustable by market conditions. #Crypto #Blockchain
Binance Reopens India After Registration
? Binance ($BNB) resumes operations in India after registering with FIU-IND, enhancing digital asset services. CEO Richard Teng highlights commitment to AML standards. Binance paid a $2.25M penalty to secure its return. ?? #Crypto #India @binance
Crypto.com Sponsors UEFA Champions League
$CRO partners with @UEFA to sponsor the Champions League, debuting at the Super Cup on Aug 14, 2024. This move aims to enhance fan experiences and engage over 100 million users through unique initiatives. #Crypto #Sports
dYdX Fall 2024 Exchange Update Unveiled
? $DYDX Unveils Major Update: dYdX Unlimited Launching Fall 2024. Features include a Public Market, MegaVault liquidity pool, a lucrative referral program, and enhanced security with Authorized Wallet Keys. More info: [https://hodl.press/dydx-announces-major-exchange-update-for-fall-2024/] #Crypto #DeFi
Binance URL Unblocked India FIU Registration
? Binance URL unblocked in India after registering with the Financial Intelligence Unit (FIU). The exchange paid $2.25M in fines and faces an $86M GST tax bill, underscoring stringent regulatory scrutiny. ? $BNB #Crypto #India #Regulation @Binance
Binance US Lawsuit Intensifies Again
Binance US faces renewed legal challenges as a U.S. appeals court revives a class-action lawsuit alleging HEX token price manipulation. The case also involves @CoinMarketCap, potentially setting key precedents for digital asset regulations. $BNB $HEX
Binance Exec Denied Legal Access
Binance exec Tigran Gambaryan denied legal access in Nigeria since July 26. His health is deteriorating, needing urgent medical treatment. Next court hearing on October 11. Prison authorities withholding medical records despite court order. #CryptoLaw
Binance Delists Crypto Pairs Next Steps
? Binance to delist six crypto pairs including $CVP/USDT and $LOOM/BTC on Aug 26, 2024. Prices of $REEF and $FOR drop 25.15% and 39.11%, respectively. Binance may convert delisted tokens to stablecoins after Nov 27, 2024. #CryptoNews
Binance Exec Denied Access Amid Health
? Binance exec Tigran Gambaryan’s health deteriorates in Kuje Prison; legal access denied since July, violating Nigerian law. Urgent medical care needed for herniated disc, throat infections, and pneumonia. #HumanRights #Binance $BNB @binance
Coinbase Challenges CFTC Political Betting Ban
Coinbase criticizes CFTC’s proposed ban on US political betting, arguing it could harm prediction markets beyond politics. Polymarket, meanwhile, sees $1.1 billion in political bets despite regulatory threats. #CryptoRegulation
Binance Recovers Stolen $73M Funds
Binance recovers $73M in stolen funds, enhancing crypto security. Collaboration with governmental bodies aids in combating fraud and protecting digital assets. $BNB #CryptoSecurity
Coinbase Opposes CFTC Political Betting Ban
Coinbase opposes CFTC’s proposed ban on political event betting, citing potential harm to the broader prediction market. Polymarket users have wagered $560M on the US presidential race. Regulatory shifts could reshape prediction and crypto markets. #CryptoRegulation
Binance Lists Toncoin TON Soars
Binance lists $TON for spot trading; TON price jumps 12%, now up 6.9%. New trading pairs include TON/BTC, TON/USDT, and TON/FDUSD. Deposits open, withdrawals start August 9, 2024. #Cryptocurrency