Cryptocurrency Market

  • Market Cap: $2,523,672,337,690.45
  • 24h Vol: $113,852,430,305.10
  • BTC Dominance: 51.55%

Binance

study:-europe-leads-in-global-crypto-transaction-volume;-binance-remains-most-used-exchange

Study: Europe Leads in Global Crypto Transaction Volume; Binance Remains Most Used Exchange

Europe stands out as the global leader, accounting for 37.32% of the total transactional value, according to a comprehensive analysis by Coinwire. Asia’s trading volumes primarily result from factors like high mobile penetration, a robust tech infrastructure, and growing institutional interest. Binance, with a trading volume of $2.77 trillion, holds the title of the “most […]

Study: Europe Leads in Global Crypto Transaction Volume; Binance Remains Most Used Exchange Read More »

nigerian-prison-doctor-faces-arrest-over-jailed-binance-exec’s-health-report

Nigerian Prison Doctor Faces Arrest Over Jailed Binance Exec’s Health Report

On July 16, a Nigerian court issued an arrest warrant for a prison doctor who failed to provide jailed Binance executive Tigran Gambaryan’s medical report as demanded. The court also ordered prison officials to take Gambaryan to a local hospital for 24 hours of medical care. Prison Doctor Fails to Appear in Court A Nigerian

Nigerian Prison Doctor Faces Arrest Over Jailed Binance Exec’s Health Report Read More »

okx-quits-nigerian-market,-users-urged-to-withdraw-funds-before-deadline

Okx Quits Nigerian Market, Users Urged to Withdraw Funds Before Deadline

Okx, a leading cryptocurrency exchange, has announced its decision to discontinue services in Nigeria starting from August 16, 2024. The company cited unfavorable policies by the Nigerian government as the reason for this move. Okx said Nigerian users are advised to withdraw their funds from the platform before the specified date. This decision is similar

Okx Quits Nigerian Market, Users Urged to Withdraw Funds Before Deadline Read More »

nigerian-judge-to-rule-on-binance-tax-evasion-case-in-october

Nigerian Judge to Rule on Binance Tax Evasion Case in October

Nigerian Justice Emeka Nwite recently set October 11 as the date for ruling in the trial of Binance Holdings Limited, a popular cryptocurrency platform. The platform and its two directors face a four-count tax evasion charge for failing to register with the Federal Inland Revenue Service (FIRS). Binance’s lawyer Ayodele Omotilewa pleaded not guilty to

Nigerian Judge to Rule on Binance Tax Evasion Case in October Read More »

us-lawmakers-submit-resolution-urging-nigeria-to-release-jailed-binance-executive

US Lawmakers Submit Resolution Urging Nigeria to Release Jailed Binance Executive

U.S. lawmakers have submitted a resolution calling on the Nigerian government to immediately release the jailed Binance executive, Tigran Gambaryan. In the resolution submitted to the Committee on Foreign Affairs, the lawmakers urge the United States government to utilize all available resources to secure Gambaryan’s release. The resolution also asks the Biden administration to formally

US Lawmakers Submit Resolution Urging Nigeria to Release Jailed Binance Executive Read More »

binance-seeks-to-reduce-stake-in-operator-of-south-korean-crypto-exchange-gopax-to-10%

Binance Seeks to Reduce Stake in Operator of South Korean Crypto Exchange Gopax to 10%

Binance is reportedly seeking to reduce its stake in the South Korean crypto exchange Gopax’s parent company, Streami, to approximately 10%. Binance’s mooted sale of the stake to Megazone comes just over a year after Binance acquired the controlling stake. The exchange needs to offload the stake well before the August 11 deadline for reporting

Binance Seeks to Reduce Stake in Operator of South Korean Crypto Exchange Gopax to 10% Read More »

nigerian-prison-officials-deny-binance-employee-tigran-gambaryan-is-seriously-ill

Nigerian Prison Officials Deny Binance Employee Tigran Gambaryan is Seriously Ill

According to the prison authorities, Binance employee Tigran Gambaryan is in good health and not sick as claimed by his family. The family had raised concerns about his well-being and alleged that he was not receiving proper medical attention. However, the prison authorities have denied these claims, stating that Gambaryan is receiving proper care and

Nigerian Prison Officials Deny Binance Employee Tigran Gambaryan is Seriously Ill Read More »

kucoin-to-implement-7.5%-vat-on-transaction-fees-for-nigerian-users

Kucoin to Implement 7.5% VAT on Transaction Fees for Nigerian Users

Nigeria-based KuCoin users will begin being levied a 7.5% value-added tax (VAT) on transaction fees starting on July 8. Some observers believe that Kucoin’s decision to implement this tax is intended to enhance its chances of securing an operating license. A Lagos-based crypto industry player stated that implementing the tax will likely harm the industry.

Kucoin to Implement 7.5% VAT on Transaction Fees for Nigerian Users Read More »

nigerian-court-orders-prison-officials-to-release-medical-records-of-jailed-tigran-gambaryan

Nigerian Court Orders Prison Officials to Release Medical Records of Jailed Tigran Gambaryan

Nigerian prison officials have reportedly refused to release Tigran Gambaryan’s medical records. A High Court judge has ordered Kuje Detention Centre prison officials to present Gambaryan’s legal representatives with the records by July 5. Yuki Gambaryan, the wife of the Binance employee, has urged Nigerian authorities to drop charges against her husband. Gambaryan’s Health Deteriorates

Nigerian Court Orders Prison Officials to Release Medical Records of Jailed Tigran Gambaryan Read More »