Two Binance executives arrested in Nigeria following website ban
After multiple unconfirmed reports, the Financial Times has confirmed the arrest of two Binance executives in Nigeria this week.
Image source: Techcabal
Category: Currencies
Judge Fines Binance $4.3 Billion in US Plea Deal
Following the guilty plea issues in November of 2023, a US Judge approved Binance’s plea deal to see the exchange pay a $4.3 billion fine.
Source: newsd.in
Cryptocurrency Trading Platform, Binance Announces Blockage Of Website In Nigeria
This was stated in a statement released by the firm on Thursday, assuring its Nigerian users that the situation should not make them panic as their funds were still very protected.
See Accounts OPay Will Block March 1
Starting from March 1, 2024, the company will remove fraudulent accounts from its system and block customers whose accounts are not compliant with Know Your Customer (KYC) requirements.
Binance prioritizes Web3 education to further adoption and financial innovation sustainably
Binance prioritizes accessible Web3 and crypto education for all in the rapidly developing world of digital finance.
Judge in SEC v. Binance case will hear arguments on whether crypto is a security
Binance.US’ legal team will be allowed to address “whether a digital asset remains a security in perpetuity” and staking as a security in court.
ATM usage drops to 40% over naira scarcity – KPMG
The scarcity of cash in circulation has made the weekly usage of Automated Teller Machines to drop from 70 per cent to 40 per cent, according to a report by KPMG.
Bitcoin price briefly dips below $46K on Binance amid BlackRock’s new S-1
BTC’s price dropped 3% in minutes as Eric Balchunas tweeted news of the refiling before quickly recovering to almost pare the losses.
Solana (SOL) Rally Nearing Its End? Wallet Moves $23 Million to Binance Amid Price Dip
Mysterious transfer to Binance and overbought signals spark speculation. Cover image via www.freepik.com
Naira scarcity hits Port Harcourt as banks turn down customers’ request
Banks in Port Harcourt and environs Friday ran out of cash and we’re turning down requests of customers who had approached their offices to collect cash for their transactions.