Local media reported that Nigeria’s federal government is working with the International Criminal Police Organization (Interpol) to seek the extradition of Binance executives detained in Nigeria.According to government sources quoted in local publications: punchNigeria’s Economic and Financial Crimes Commission (EFCC) is “cooperating” with Interpol, the FBI, and the governments of the United Kingdom and Kenya to secure the arrest and extradition of Nadeem Anjarwalla, Binance’s regional manager for Africa.A second unnamed source said the aim was to bring Anjarwala back to Nigeria to “answer the money laundering case in court” after he escaped detention and left the country last month.A…
Author: Crypto Flexs
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XRP price is struggling below $0.620. The price needs to remain above the $0.5680 support to attempt a fresh rally in the near term. XRP is slowly declining from the $0.6620 resistance zone. The price is currently trading below $0.620 and the 100 simple moving average (4-hours). On the 4-hours chart of the XRP/USD pair, there is a major bearish trendline forming with resistance near $0.600 (data source from Kraken). A close below the $0.5680 support line could provide downward momentum. XRP price faces many obstacles Over the past few sessions, the price of XRP has been steadily declining well…
Posted 1 minute ago In ~ The Securities and Exchange Commission is soliciting comments on a handful of physical ether exchange-traded funds, according to the filing. On Tuesday, the agency requested public comment on the three proposed ETFs. Ethereum ETH +0.94% accumulation, Grayscale Ethereum Trust and By bit Ethereum Trust. “The Commission is publishing this notice to solicit comments from interested parties regarding the proposed rule changes as amended by Amendment 1,” the agency said in a filing to Bitwise. Comments on all three are due within 21 days. hope dwindles Optimism about potential SEC approval of a spot ether…
Shiba Inu (SHIB) reportedly dominated trading volume on India’s largest cryptocurrency exchange, WazirX, in March. KangaMoon offers pre-sale participants the opportunity to win KANG ahead of the launch of games and NFTs. The project is currently in Phase 5 of pre-sale and has raised over $4 million. Shiba Inu (SHIB) topped the list of most traded tokens on India-based cryptocurrency exchange WazirX in March, according to a news update shared via Meanwhile, the new meme coin project KANG has surpassed $4 million in pre-order sales. Shiba Inu, No. 1 in trading volume on WazirX in India According to post toSHIB…
According to on-chain data, deep-pocketed investors are accumulating massive amounts of two Solana (SOL)-based memecoins. Blockchain monitoring service Lookonchain Called One trader bought 181 million cats from Dog World (MEW) after purchasing 776,830 dogwifhat (WIF) in less than two weeks. “Smart money is buying MEW with new wallets, spending 6,000 SOL ($1.15 million) to purchase 181 million MEW on Monday. The smart money spent 10,000 SOL ($1.91 million) to purchase 776,830 WIF ($3.18 million) on March 20, with an unrealized profit of $1.27 million. He also earned 4,893 SOL ($934,000) from SLERF.” As of this writing, MEW’s value is $0.007718,…
According to Nick Yushkevich, standardization of blockchain data formats is very important as it improves the interoperability of individual protocols and promotes widespread adoption of the technology. Yushkevich, product director at blockchain infrastructure provider Quicknode, added that this standardization helps improve communication between systems. Yushkevich said that leveraging the full potential of blockchain data (…)
The first client to use the tool will be a partnership between asset managers DWS, Flow Traders and Galaxy to manage fully collateralized euro-denominated stablecoins, GK8 said.
A cryptocurrency wallet known to be linked to the U.S. government sent a large number of Bitcoin (BTC) to Coinbase Prime wallets, according to data from Arkham Intelligence, an on-chain analytics platform. This wallet currently holds 30.175 Bitcoin, equivalent to approximately $2 billion. The latest moves came in a bear market, with Bitcoin falling to $65,000, and it looks like BTC could go much lower. With a massive pumping station in early 2024, BTC could be in a position to fall into the $50,000 trading range for some time. As reported, according to renowned cryptocurrency sleuth Zach I did. https://x.com/zachxbt/status/1775193016363356238?s=20…
Frax Finance is working with Noble to expand Frax’s products into the Cosmos ecosystem, providing a relatively decentralized alternative to USDC.This collaboration will enable Frax and sFrax tokens to be natively integrated across the Cosmos ecosystem, comprised of over 80 interconnected blockchains, for a variety of applications including decentralized finance and payments. This is in addition to the current Ethereum issuance, bringing the total value to over $1.1 billion.Frax’s initial products for Noble include the Frax token, a decentralized stablecoin combining collateral and algorithmic mechanisms for peg stability, and sFrax, a staking version of Frax aimed at providing yield.Within the…
Coinbase, a leading cryptocurrency exchange, has released a new report examining redeposit trends in Ethereum. The report, written by analysts David Han and David Duong, explores how re-staking can reshape validator incentives, potentially opening up new opportunities and introducing complex risks. Coinbase analyst explains why re-staking has emerged as a hot topic in the cryptocurrency industry. Ethereum’s transition to Proof of Stake (PoS) has created massive pools of ETH that far exceed network security requirements. However, the introduction of re-staking, particularly through Liquidity Restaking Tokens (LRT), highlights both opportunities and risks for validators and the broader decentralized finance (DeFi) ecosystem.…