Binance executives Tigran Gambaryan and Nadeem Anjarwalla are facing charges of tax evasion and currency manipulation in Nigeria, and their trial has been postponed to April 19. As the cryptocurrency landscape continues to evolve, legal scrutiny of exchange operations increases. In a significant development, Tigran Gambaryan, a US-based executive at global cryptocurrency exchange Binance, has been charged with tax evasion in Nigeria along with Nadeem Anjarwalla. The incident comes amid allegations of naira manipulation and shines a spotlight on regulatory issues facing cryptocurrency companies around the world. Gambaryan, who was an influential figure in the cryptocurrency space, was detained along…
Author: Crypto Flexs
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As revealed in Flipside’s “New EVM Users: Q1 Snapshot” report, Ethereum and Polygon maintain the lead on the latest Ethereum Virtual Machine (EVM) chain when it comes to attracting new users and increasing transaction volume. As of March 27, there were 13.4 million new users on Ethereum and 12.3 million new users on Polygon, accounting for about 70% of the total number of new EVM users this year. By contrast, Arbitrum has added 4.7 million users since the start of 2024. New Cryptocurrency User Report Q1 2024 | Source: Flipside While Ethereum’s mainnet maintains its historical dominance, Layer-2 protocols are…
What is CryptoSlate Alpha?A web3 membership designed to provide you with cutting-edge insights and knowledge through the Access Protocol. Learn more >Connected to Alphaillusion! 👋 You are connected to CryptoSlate Alpha. Click the button below to manage your wallet connection.IMPORTANT: You must lock at least 20,000 ACS.If that’s not enough, buy ACS on the following exchanges:Connect via access protocolAccess Protocol is a web3 monetization paywall. When users stake ACS, they can access paywalled content. Learn more >disclaimer: By choosing to lock your ACS tokens using CryptoSlate, you acknowledge and agree that you will be bound by the Access Foundation’s applicable…
Cardano (ADA) is falling below the $0.620 resistance zone. ADA may gain bearish momentum and decline towards the $0.50 support level. ADA price is slowly falling in the $0.670 area. The price is trading below $0.620 and the 100 simple moving average (4-hours). On the 4-hours chart of the ADA/USD pair, there is a major bearish trendline forming with resistance at $0.6008 (data source from Kraken). If the bulls remain active above the $0.560 support, the pair could attempt a fresh increase. Cardano price reaches key support Over the past few days, Cardano has seen a steady decline above the…
Asia • April 5, 2024, 2:46 AM EDT Posted 1 minute ago In ~ New guidelines imposing stricter regulations on token listings on centralized cryptocurrency exchanges will be issued by South Korea’s financial authorities, news agency News1 reported.The report states that tokens issued by projects that have been hacked but whose security issues have not yet been resolved may not be listed on local exchanges according to the guidelines. The report also states that the domestic financial services commission could mandate foreign token projects to develop specific white papers for local markets in order to be listed on domestic exchanges.…
Disclosure: This article does not represent investment advice. The content and materials presented on this page are for educational purposes only. Amid Bitcoin’s dominance, Dogecoin’s expected bull market, Fetch.ai’s all-time high, and KangaMoon’s pre-sale success highlight the diversifying landscape of cryptocurrency investing. Crypto analyst Ali Martinez recently sparked speculation among traders with his Dogecoin (DOGE) price prediction. Meanwhile, altcoins such as Fetch.ai (FET) and KangaMoon (KANG) are showing a steady upward trend. While FET is a well-established cryptocurrency, KANG is a Phase 5 pre-sale new entrant that many analysts suggest could reach $0.5 in 2024. A massive DOGE bull run…
There has been a significant decline in whale holdings during this week. Some in the market were hoping for a quick recovery to $0.20. Dogecoin (DOGE), the world’s largest memecoin, is up 2.11% in the last 24 hours of trading, raising hopes of reversing the corrective actions seen over the past week. The dog-themed token has plummeted 14% in value over the past seven days, matching a broader decline in Ethereum (ETH)-based memecoins, according to data from CoinMarketCap. At the time of writing, it was trading at $0.18 and market participants were hoping for a quick recovery above $0.20. The…
join us telegram A channel to stay up to date on breaking news coverage Market performance declined, with significant declines in overall capitalization and trading. These results suggest that investors are bracing for the impending Bitcoin halving. Nonetheless, astute traders are seizing opportunities to buy during market downturns, anticipating significant profits in the coming up cycle. InsideBitcoins provides valuable perspective by identifying several notable altcoins worth considering for investors. 5 Best Altcoins to Invest in Right Now Investors are focusing on tokens like Bitget Token, Immutable, and Nervos Network, seeing them as attractive investment prospects as they anticipate the next…
TRALA LAB commits to zkSync to innovate and advance the global gaming industry – Chainwire housenewsroomTRALA LAB commits to zkSync to innovate and advance the global gaming industry We use cookies to make your experience on Chainwire’s website better. Cookies help us give you a more personalized experience, relevant advertising and provide us with web analytics. Technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service expressly requested by the subscriber or user or for the sole purpose of carrying out the transmission of communications over an electronic communications…
Binance has implemented KYC requirements for all sub-accounts created under the Link program, and sub-accounts that do not comply will be subject to restrictions and ultimately account suspension. Binance has informed users that all sub-accounts created under the Binance Link program must adhere to enhanced compliance standards. This includes non-trading subaccounts created solely for asset deposit purposes. Starting March 20, 2024, Binance has been imposing restrictions on sub-accounts that have not completed the required Know Your Customer (KYC) documents. Sub-account holders who do not provide the required KYC information by May 20, 2024 will have their accounts completely restricted and…