Binance crypto exchange

The Nigerian government has detained two executives of the Binance crypto exchange platform amid efforts to stabilise the nation’s foreign exchange market and salvage the value of the local currency. Sources familiar with the matter told PREMIUM TIMES that the two executives were detained in Abuja, Nigeria’s capital, a day after they flew into the country as part of moves to negotiate with the Nigerian authorities amid a crackdown on the crypto platform. Last week, PREMIUM TIMES reported how the Nigerian…

Sam Bankman-Fried’s arrest in the Bahamas pending a possible extradition to the US opens a fresh chapter in efforts to untangle whether his crypto empire was built using fraudulent methods. Sam Bankman-Fried's arrest in the Bahamas pending a possible extradition to the US opens a fresh chapter in efforts to untangle whether his crypto empire was built using fraudulent methods.Regardless of the outcome, the demise of his digital-asset exchange FTX continues to shake the wider crypto market's foundations. Skittish…

This year’s long list of crypto security exploits targeting decentralized finance has another unwelcome entry. This year's long list of crypto security exploits targeting decentralized finance has another unwelcome entry. Binance, the largest digital-asset exchange, said Friday it's helping to probe an attack on a token offered by the Ankr protocol. The token, aBNBc, is now almost worthless after trading at about $300 a day ago. The aBNBc token had derived its value in part from a link to Binance Coin and was…

Binance on Wednesday announced its first licence in East Asia with the acquisition of Japan's officially regulated Sakura Exchange BitCoin. The world's largest cryptocurrency platform Binance on Wednesday announced its first licence in East Asia with the acquisition of Japan's officially regulated Sakura Exchange BitCoin. Binance has been in the spotlight since the dramatic collapse of rival platform FTX this month. Changpeng Zhao, the Chinese-Canadian head of Binance, pledged last week to release an audit into…

The case was registered by police, against Aamir Khan and others, based on a complaint filed by Federal Bank, in the court of Chief Metropolitan Magistrate, Calcutta. The Enforcement Directorate (ED) has frozen 150.22 Bitcoins equivalent to ₹22.82 crore during a search operation at the Binance Crypto Exchange, the agency said on Friday.The action was taken under the provisions of the Prevention of Money Laundering Act (PMLA), 2002, with respect to an investigation being conducted relating to the Mobile Gaming…