One-minute-silence surge, Binance bribery allegation, cybersecurity levy, others dominate Reps’ proceedings

Multiple security motions, endless one minute silence ritual Security challenges in Nigeria dominated last week’s plenary sessions in the House of Representatives as members from different constituencies presented motions calling for interventions in their constituencies. From the killings in Enugu State to the herders invasion in Kogi State to the massacre in Kaduna State, lawmakers … Read more

Binance’s Changpeng Zhao sentenced to 4 months’ prison in US for allowing money laundering

“I failed here,” Zhao said before US District Judge Richard A. Jones issued the sentence. “I deeply regret my failure, and I am sorry.” Ex-Binance CEO Changpeng Zhao arrives at federal court in Seattle, Washington, on Tuesday. Photo: Bloomberg The three-year prison term prosecutors sought was more than twice the guideline range for the crime. … Read more

FG files tax evasion charges against Binance

The federal government of Nigeria on Monday initiated criminal proceedings against Binance, a leading cryptocurrency exchange platform. The Federal Inland Revenue Service (FIRS) on Monday announced the charges filed at the Federal High Court in Abuja. In a statement signed by Dare Adekanmbi, the special adviser on media to the executive chairman of the FIRS, … Read more

Crypto Exchange Platform Binance to Offer Guide on Digital Assets for Students, Investors; Know More

Bitcoin price today fell to the $20,000 mark Binance has announced a series of educational initiatives aimed at improving awareness about blockchain technology and digital assets among Indian investors, especially the student community. The world’s largest cryptocurrency exchange platform, Binance on Friday announced a series of educational initiatives aimed at improving awareness about blockchain technology … Read more

IT Employee to Among World’s Top Richest: Know Binance Founder’s Inspiring Story

Changpeng ‘CZ’ Zhao’s story is similar to those of other entrepreneurs, except it is different. The co founder and chief executive officer of Binance, the world’s largest cryptocurrency exchange, has showed a new path for crypto business aspirants, who say he inspires them. The euphoria has also found a place to nest, in the middle … Read more

Websites of top crypto exchanges like Binance, Kucoin blocked in India

New Delhi: The websites of some top global cryptocurrency exchanges like Binance, Kucoin, OKX, among others, were blocked in India on January 12. This comes after the government sent show-cause notices to these crypto exchanges for not complying with the country’s money laundering laws. On December 28 last year, a show-cause notice was sent to … Read more

Govt blocks URLs of Binance, 8 other crypto firms for illegal ops in India

New Delhi: India’s Financial Intelligence Unit has issued show-cause notices to nine offshore virtual digital asset service providers, including Binance, for operating in the country without complying with the money laundering laws, the Finance Ministry said on Thursday. Apart from Binance, notices have been issued to Kucoin, Huobi, Kraken, Gate.io, Bittrex, Bitstamp, MEXC Global, and … Read more

China’s crypto craving: back-door Binance traders look more important to exchange’s future in wake of US conviction

Today, Chen is living in “relative peace” in Europe with little to do with Binance, by CZ’s account. China, though, looks more important than ever to the world’s largest cryptocurrency exchange in the wake of a US$4.3 billion fine and criminal conviction in the US, along with tightening crypto regulations across Asia and Europe. Binance … Read more

Crypto Exchange Platform Binance to Offer Guide on Digital Assets for Students, Investors; Know More

Bitcoin price today fell to the $20,000 mark Binance has announced a series of educational initiatives aimed at improving awareness about blockchain technology and digital assets among Indian investors, especially the student community. The world’s largest cryptocurrency exchange platform, Binance on Friday announced a series of educational initiatives aimed at improving awareness about blockchain technology … Read more

WazirX Row: Binance Refuses Ownership, Crypto Exchange Issues Statement; What We Know

The ED said on Friday that it conducted raids against Sameer Mhatre, a director of Zanmai Lab Pvt Ltd. (Image: Shutterstock) Binance founder Changpeng Zhao said it had no links with WazirX and does not own any stake at Zanmai Labs, shortly after the ED raided the Indian crypto exchange. World’s largest cryptocurrency exchange by … Read more