Binance Executive Denied Bail in Nigerian Money Laundering Scandal

Binance-Executive-Denied-Bail-in-Nigerian-Money-Laundering-Scandal

Binance Executive Denied Bail by Federal High Court in Abuja for Alleged Money Laundering and Tax Violations in Nigeria In a dramatic turn of events, Justice Emeka Nwite delivered a crushing blow to Gambaryan’s hopes for freedom on Friday. Despite the defendant’s plea for bail, the wise judge deemed it too risky, given the possibility … Read more

Binance trading volume increases by 72% despite market decline

Binance-trading-volume-increases-by-72_-despite-market-decline

The Surprising Dip in Derivatives Trading Volume on Major Exchanges in April by 1.4%. Binance, the king of centralized exchanges, saw a whopping 72% surge in futures trading last month. The Wu Blockchain team revealed that this explosive growth was sparked by Binance’s genius move of offering a limited-time discount on USDC perpetual contracts. Traders … Read more

DOJ Taps Forensic Risk Alliance to Keep a Watchful Eye on Binance

DOJ Taps Forensic Risk Alliance to Keep a Watchful Eye on Binance

Forensic Risk Alliance Takes the Helm as Binance’s Outside Monitor, Following Guilty Plea for Money-Laundering and Trade Sanctions Violations by the Justice Department Insider reports reveal that the Forensic Risk Alliance (FRA) has emerged victorious in a fierce battle for a confidential case, beating out heavyweight contenders such as Wall Street powerhouse Sullivan & Cromwell. … Read more

Bitcoin futures open interest hits record $36 billion ahead of options expiration

Bitcoin futures open interest hits record 36 billion ahead of options expiration

Bitcoin futures have exploded with a staggering $38 billion in open interest, fueled by a jaw-dropping 10% surge in BTC price this week. The crypto world is buzzing with excitement as investors eagerly anticipate what’s to come. Bitcoin fever is spreading like wildfire as investors flock to the digital currency, eagerly anticipating its future price … Read more