The attorneys argued that Zhao should pay $50 million in addition to spending 36 months in prison. The post U.S. DOJ recommends 3 years imprisonment for Binance founder, Changpeng Zhao appeared first on Nairametrics ..read more

The Philippines Security and Exchange Commission (SEC) has ordered Apple and Google to remove Binance app from their respective App stores for users in the Philippines. The post Philippines SEC orders Apple and Google to remove Binance from its app stores  appeared first on Nairametrics ..read more

JP Morgan Chase and co CEO calls Bitcoin a public decentralized Ponzi scheme The post JP Morgan CEO describes Bitcoin as Ponzi scheme appeared first on Nairametrics ..read more

The "halving" of Bitcoin, a predetermined event that affects the amount of Bitcoin produced, just took place. This phenomenon transpires approximately every four years. The post Does halving of Bitcoin affect its price? appeared first on Nairametrics ..read more

Bitcoin experienced a temporary dip below $60,000 on Friday morning after news broke that Israel had launched retaliatory missile strikes against Iran in response to the former aggression exhibited by Iran when it fired missiles toward Israel as tension increased between both countries. The post Israel-Iran conflict triggers Bitcoin to temporary dip below $60,000 appeared first on Nairametrics ..read more

Binance set to Re enter Indian market as a Financial intelligence Unit registered company by paying $2 million fine. The post Binance set to re-enter India after ban by paying $2 million fine appeared first on Nairametrics ..read more

Binance, the world's largest crypto exchange, has undergone a shift by converting its entire pool of assets held in the Secure Asset Fund for Users (SAFU) into USDC, the stablecoin issued by US firm Circle Internet Financial. The post Binance shifts billion-dollar emergency fund to USDC appeared first on Nairametrics ..read more

The current crackdown on cryptocurrency by the Nigerian government including its targeting of Binance has prompted experts and investors in the field to voice out their lack of confidence in investing in the West African country.   The post Experts comment on Nigeria’s Binance crackdown, said it shook investor’s confidence   appeared first on Nairametrics ..read more

Landesbank Baden-Württemberg (LBBW), Germany’s largest federal bank has responded to a rising demand by its clients for digital assets by planning to offer crypto custody services. The post German banking giant LBBW joins crypto bandwagon by offering clients crypto custody services appeared first on Nairametrics ..read more

The International Monetary Fund (IMF) is demanding changes to El Salvador’s Pro Bitcoin laws while hindering the country’s attempt to secure $1.4 billion in loans from the financial institution. The post IMF demands changes to El Salvador’s pro bitcoin laws, hinders $1.4 billion loan attempt  appeared first on Nairametrics ..read more