Binance Exec Tigran Gambaryan Faces Health Decline, Denied Legal Access
Binance exec Tigran Gambaryan’s family requested the Nigerian government to release him as his health deteriorated while being held without legal access. The family of Tigran Gambaryan, a U.S. citizen and executive at Binance, is urgently appealing to the Nigerian government for his release from detention, citing his rapidly declining health. Gambaryan has been held […]
Binance Halts Withdrawals of Delisted Tokens
Users must withdraw their tokens by September 1, 2024, otherwise, Binance will convert them to USDC using a six-month average rate. Binance has unveiled a major delisting and conversion initiative, with a key deadline of September 1 for customers to withdraw 15 delisted airdropped tokens from its platform. This deadline is becoming increasingly important. Once […]
Binance Labs Invests in Solayer Network
Binance Labs has invested in Solayer to enhance the Solana ecosystem by increasing network bandwidth. Having invested in a Solana restaking network known as Solayer, Binance Labs has garnered significant attention from the market environment. The investment’s primary goal is to improve the Solana ecosystem by increasing the network’s bandwidth and the level of security […]
Binance Labs Invests in GameFi Platform Pluto Studio
Binance Labs has led an investment round for Pluto Studio, the GameFi publishing platform that launched Catizen. Binance Labs claimed in a statement on Tuesday that it was the one that spearheaded the Pluto Studio investment. The money will be used by the business to finance platform-wide growth initiatives. The funds will specifically help Pluto […]
Binance Reports DeFi TVL Surges 72% to $94B This Year
A recent report from Binance indicates that decentralized finance (DeFi) activity has increased by 72% to $94.1 billion in the first half of the year. The DeFi space saw inflows in the first six months of the year, with total value locked (TVL) jumping to $94.1 billion, a 72.8% increase. Almost all sectors of the […]