Binance Exec Exit Nigeria After Final Charges Get Dropped
Binance’s head of financial crime compliance, Tigran Gambaryan, returns home for medical treatment after eight months in Nigeria and court delays. Tigran Gambaryan, a Binance executive previously facing charges of tax evasion and money laundering in Nigeria, has left the country after spending eight months in detention. In a statement, a family spokesperson confirmed that Gambaryan […]
Consensys Calls for Clear Crypto Regulations in Letter to Next US President
The open letter stressed how clear regulatory frameworks help keep the US competitive while protecting consumers and combating illegal activities. Amid increasing political and market tensions, blockchain company Consensys has issued an open letter to the next U.S. president, calling for clear and supportive regulations for cryptocurrencies and Web3 technologies. The letter, released on October […]
Tether Offers Boron-Backed Tokens to Turkey’s Government
Turkey’s state-owned boron miner claims that the country holds more than 70% of the world’s borate reserves. Tether, the company behind the world’s largest stablecoin by market capitalization, has reportedly proposed the creation of tokens representing borate minerals to the Turkish government. On October 24, Bloomberg reported that Tether suggested Turkey adopt blockchain technology to […]
BingX Exchange Reopens Post $43 Million Hack
Following a $43 million attack, the BingX exchange has resumed full operations and implemented ShieldX protection to secure user assets. BingX exchange has fully resumed operations after a major hack in September that saw over $43 million worth of cryptocurrencies stolen. The company has restored all deposit and withdrawal services, assuring clients that their funds […]
UK Crypto Rules Unclear for Firms Avoiding MiCA Regulation
While some industry execs anticipate MiCA will cause a shift from the EU to the UK, others are concerned about the UK’s unclear crypto regulations. According to industry experts, cryptocurrency regulation in the United Kingdom remains too uncertain to serve as a strong alternative for companies looking to escape Europe’s upcoming Markets in Crypto-Assets Regulation […]