Finance & Crypto News Website
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
In a stunning revelation, Binance CEO Richard Teng has come forward to claim that his executives, Tigran Gambaryan and Nadeem Anjarwalla, were targeted by individuals seeking a hefty cryptocurrency bribe. This shocking incident allegedly occurred before their arrest in Nigeria on February 28, 2024. The crypto community is left reeling as more details of this … Read more
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
Binance, the top exchange for digital currencies, and its rival KuCoin have just made history by becoming the first offshore crypto company to gain approval from India’s anti-money laundering organization. This is a major milestone for both companies, especially after facing strict restrictions and accusations of illegal activities in the country. Regulatory Reconciliation and Resumption … Read more