Binance

After pricing below its $605 support for a while now, the price of Binance (BNB) coin has successfully spiked above the coveted $600, leading investors to conclude that Binance is following suit with Ethereum’s recent pump. While most consider BNB token as one of the top altcoins to buy this year, a considerable number of crypto holders are also setting their gaze on Rollblock (RBLK), who are revolutionizing the $450bn gambling industry with their new Gamble Fi Protocol. Binance Coin…

The post Where is Binance Exec Tigran Gambaryan? Absence in Nigerian Court Raises Alarms appeared first on Coinpedia Fintech News The tax evasion trial of Binance executive Tigran Gambaryan, being held in Nigeria, took an unexpected turn when he failed to show up in court. This time, it raised concerns about his physical safety, given the notorious conditions of Kuje prison, where he is being held. Charges and Allegations Nigerian Federal Inland Revenue Service has charged Binance and its executives,…

The Shiba Inu community has been rife with speculation that BONE could finally be listed on Binance following the exchange’s latest call for projects to apply for a listing. BONE has gained over 9% in the past day on these speculations and the successful integration of ShibaSwap into Shibarium, the ecosystem’s layer 2 network. Could BONE be about to debut on Binance? This speculation has emerged over the past few days, leading to over 9% gains for the token, which…

Over 80% of tokens listed on Binance in the past six months have declined in value, raising questions about the influence of VCs and CEXs on token valuations. Exceptions exist, suggesting that tokens without major VC backing or linked to strong market trends like Solana may perform differently. Following a critical update from CNF on Binance’s BNB Beacon Chain usage, a disturbing pattern in token listings on the exchange has been highlighted. An analysis of the past six months shows…

The post Top Crypto Events to Watch Next Week: Binance vs. Nigeria, Decision on Ethereum ETF, and Crypto Bill appeared first on Coinpedia Fintech News As we approach the end of May, crypto traders are eagerly awaiting a new week filled with a series of potentially impactful macro events. From Binance’s trial in Nigeria to the FIT21 bill’s voting, these events might have a significant impact on the crypto market. These Events Might Decide Market’s Next Move In recent days,…

The post Binance Exec Tigran Denied Bail in Nigeria Over Money Laundering Charges appeared first on Coinpedia Fintech News In a recent legal showdown in Nigeria, Justice Emeka Nwite of the Federal High Court in Abuja made a firm decision, refusing bail to Tigran Gambaryan, an executive linked to the cryptocurrency giant Binance. Gambaryan faces serious accusations, including money laundering and tax violations within Nigeria. Here’s a deep dive into the pressing issue. A High-Stakes Legal Battle The courtroom drama…

Changpeng “CZ” Zhao’s prison sentence start is delayed due to due process under the Fifth Amendment. Legal complexities and the right procedures need to be followed, as mandated by U.S. law. Following BREAKING news by CNF, Binance Founder Changpeng “CZ” Zhao has been sentenced to four months in prison. Despite this recent sentencing on April 30, 2024, by a U.S. district judge in Seattle, Zhao has yet to begin his sentence. This delay is attributed to the legal processes and…

Binance has announced that it will retire the BNB Beacon Chain (BEP2) by mid-next month and cease supporting deposits for all BEP2 tokens this week. The exchange has also started migrating assets from the Beacon Chain to its BNB Smart Chain and will continue with the process for the next month. Binance is sunsetting the BNB Beacon Chain (BEP2), nearly four years since it first launched, the exchange announced this week. As Crypto News Flash reported, the BNB Chain team…

In the midst of the ever-changing price trajectories of top crypto coins so far in 2024, Rollblock(RBLK) stands out as it makes significant inroads through its massive rallying growth potential while still in presale. As a result, the crypto market may witness RBLK outperform top crypto tokens in the industry, such as BNB, Uniswap, and Toncoin. This won't be a mean feat, considering that the Rollblock project is still in its nascent stage. However, it makes the project a top…