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Nigeria Drops Tax Evasion Charges Against Binance Executives

Events in the saga between Nigeria and Binance continue to unfold. This time, the country dropped tax charges against the exchange’s executives. According to a tweet by Nigerian journalist Alexander Onukwue, the Federal Inland Revenue Service (FIRS) of Nigeria has withdrawn the tax evasion charges against Tigran Gambaryan, Binance’s head of financial crime compliance, and […]

This Popular Meme Coin Receives Further Support From Binance: Details

TL;DR Binance expanded its trading options with new pairs, though availability depends on the users’ region. The exchange will delist several existing pairs on June 14, advising clients to update or cancel their Spot Trading Bots to prevent potential losses. Another Binance Update The world’s leading cryptocurrency exchange continues to expand its list of trading […]

US Lawmakers Urge Biden to Secure Release of Detained Binance Exec in Nigeria

A group of U.S. lawmakers has called on President Joe Biden to intervene in the detention of Tigran Gambaryan, a high-ranking executive at Binance, who has been held by Nigerian authorities for nearly three months. The appeal, led by House Foreign Affairs Committee Chair Michael McCaul (R-Texas) and supported by 11 other congressional leaders, demands […]

Binance Doubles Down on Low Float, High FDV: Calls for Action

There has been a growing concern regarding the increased traction of tokens with high valuations but low initial circulating supply, which has sparked discussions about the sustainability of upside potential for traders following the token generation event (TGE). Binance Research’s latest findings have confirmed this trend, depicting an increasing number of tokens being launched with […]

Important Binance Announcement Affecting PEPE, INJ, SUI, and More: Details

TL;DR Binance added new trading pairs and trading bot services, including PEPE/EURO. The company will remove certain trading and margin pairs by the end of May, advising users to close positions to avoid losses. The Latest Updates Binance – the world’s largest cryptocurrency exchange – continues implementing changes on its platform to enhance user experience […]

Failure to Present Binance Executive for Arraignment: FIRS Shifts Blame to Correctional Service

The Nigerian Federal Inland Revenue Service (FIRS) has pointed fingers at the Nigerian Correctional Service for failing to produce detained Binance executive Tigran Gambaryan at the Federal High Court in Abuja on tax evasion charges. Reportedly, Gambaryan was a no-show in court on May 22, slated for arraignment on tax evasion accusations by the FIRS. […]

Ethereum Net Taker Volume on Binance Skyrockets to Historic Levels Amid ETF Rumors: Details

Binance is seeing a massive buyer demand for Ethereum, fueled by optimism surrounding the potential approval of a much-anticipated spot Ether ETF, prompting traders to aggressively accumulate the asset using market orders, even at higher prices. This was spotted by CryptoQuant after a massive spike in the Net Taker Volume for Ethereum on the popular […]

Over 80% of Newly Listed Crypto Assets on Binance Have Declined in Value: Data

Over 80% of the newly listed cryptocurrencies on Binance, the world’s largest digital asset exchange by trading volume, have declined in value. In the past six months, these tokens have plunged in value since listing on the exchange, raising concerns for investors seeking out the latest cryptocurrencies. Most New Binance Token Listings Trading in Red […]