Nigerian High Court Dismisses Binance Executive’s Lawsuit
Binance executive Nadeem Anjarwalla fled prison and traveled to Kenya, and his colleague will press claims in court next month. Local press reports indicate that the Nigerian High Court has dismissed a lawsuit initiated by Binance regional manager Nadeem Anjarwalla. Anjarwalla claimed that his fundamental rights were violated by Nigerian government agencies when they detained […]
Nigerian Court Drops Case Against Binance’s Anjarwalla After Escape
Nadeem Anjarwalla, an executive of Binance, filed a human rights litigation against the National Security Adviser and the Economic and Financial Crimes Commission of Nigeria in a federal high court. The lawsuit was dismissed. The case was dissolved by Justice Inyang Ekwo on June 19 as a result of Anjarwalla’s inadequate legal representation. This decision […]
Heatwave Threatens Bitcoin Mining Profitability in North America
North American heatwave may boost Bitcoin miners‘ profits as many shut down operations. Bitcoin miners are anticipated to experience an increase in profits as a result of the extreme heat that typically occurs in North America during the summer, which may necessitate the shutdown or cooling of their operations. The United States (US) is recognized […]
CertiK Uncovers Kraken Exploit, Alleges Threats from Exchange
CertiK revealed it identified a $3 million Kraken exploit and claimed Kraken threatened them after reporting the issue. CertiK, a blockchain security firm, has disclosed that it is the “security researcher” that Kraken, a cryptocurrency exchange, claimed misappropriated $3 million in digital assets. CertiK disclosed an exploit that had enabled it to withdraw millions of […]
BNB Declines from Peak
BNB and the broader crypto market have declined from recent highs amid falling market sentiment. Binance Coin (BNB) has experienced a decline in value since it reached an all-time high earlier this month, as crypto assets experienced a surge in value amid increased market activity. In the same window, the broader market has also experienced […]