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🚀 Gary Wang, a Top FTX Executive, Is Given No Prison Time 🔏
Mr. Wang is the last close colleague of the FTX founder Sam Bankman-Fried to be sentenced for the fraud that caused the crypto exchange to collapse in 2022.
Gary Wang, a former top executive of the failed FTX cryptocurrency exchange, on Wednesday. Judge Lewis A. Kaplan told Mr. Wang that he deserved a “world of credit” for the extent of his cooperation.
Gary Wang, who was a close friend and colleague of the disgraced cryptocurrency mogul Sam Bankman-Fried, on Wednesday avoided prison time for hi
Gary Wang, a former top executive of the failed FTX cryptocurrency exchange, on Wednesday. Judge Lewis A. Kaplan told Mr. Wang that he deserved a “world of credit” for the extent of his cooperation.
Gary Wang, who was a close friend and colleague of the disgraced cryptocurrency mogul Sam Bankman-Fried, on Wednesday avoided prison time for hi
🚀 Woman loses £20k through AI investment scam 📉
New figures have revealed people were scammed out of £612m through investment fraud last year, with criminals now using famous faces to gain trust.
Ann Jensen, from Salisbury in Wiltshire, fell victim to a fake investment opportunity she thought was being promoted by Prime Minister Sir Keir Starmer.
Once the fraudsters had persuaded Ms Jensen to take out a £20,000 loan to prove her financial fluidity, she never heard from them again.
She described the realisation she had been scammed as having a
Ann Jensen, from Salisbury in Wiltshire, fell victim to a fake investment opportunity she thought was being promoted by Prime Minister Sir Keir Starmer.
Once the fraudsters had persuaded Ms Jensen to take out a £20,000 loan to prove her financial fluidity, she never heard from them again.
She described the realisation she had been scammed as having a
🚀 Nigeria drops charges against Binance cryptocurrency boss 🤵
Nigeria’s anti-corruption agency has dropped a money-laundering case against a top cryptocurrency executive to allow him to get medical treatment abroad.
Tigran Gambaryan, a US citizen, was arrested on a business trip to Nigeria in February and later charged alongside his company Binance with laundering $35.4m (£28m) - which they denied.
The 40-year-old was in charge of financial crime compliance at Binance, the world's largest crypto exchange that Nigeria blames for much of its recent economic
Tigran Gambaryan, a US citizen, was arrested on a business trip to Nigeria in February and later charged alongside his company Binance with laundering $35.4m (£28m) - which they denied.
The 40-year-old was in charge of financial crime compliance at Binance, the world's largest crypto exchange that Nigeria blames for much of its recent economic
🚀 Why Tesla, crypto and prisons are Trump trade winners 🏆
Financial markets greeted Donald Trump’s victory in the US presidential election with a blistering rally.
That's despite considerable debate about how Trump’s plans for tariffs, lower taxes and mass migrant deportations might affect the world’s largest economy.
A week on, the surge finally appears to be settling. The three major stock indexes in the US ended the day lower on Tuesday, after rising roughly 5% since 4 November, the day before the election.
Here are some of the companies that have c
That's despite considerable debate about how Trump’s plans for tariffs, lower taxes and mass migrant deportations might affect the world’s largest economy.
A week on, the surge finally appears to be settling. The three major stock indexes in the US ended the day lower on Tuesday, after rising roughly 5% since 4 November, the day before the election.
Here are some of the companies that have c
🚀 Bitcoin miner sues over £600m lost in tip 💁
A man trying to recover a Bitcoin hard drive in a landfill site which he says is now worth about £600m is "seeking to bribe the council", it has been claimed in court.
Newport council has asked a High Court judge to strike out a claim by James Howells, who is attempting to sue the local authority to gain access to the site or get £495m in compensation.
Council barrister James Goudie KC said Mr Howells' offer to donate 10% of the Bitcoin to the local community was encouraging the council to "play
Newport council has asked a High Court judge to strike out a claim by James Howells, who is attempting to sue the local authority to gain access to the site or get £495m in compensation.
Council barrister James Goudie KC said Mr Howells' offer to donate 10% of the Bitcoin to the local community was encouraging the council to "play
🚀 From Meme Queen to Crypto Dream? Haliey Welch Faces Backlash Amid Hawk Coin Launch 🔥
Haliey Welch, better known as the viral sensation "Hawk Tuah Girl," is making waves for more than just her quirky onomatopoeia. The internet star’s foray into cryptocurrency has sparked both excitement and controversy after her newly launched digital coin, Hawk, saw its value plummet dramatically shortly after debuting.
🚀 A Soaring Start, Followed by a Sharp Fall
Hawk launched on the Solana blockchain on Wednesday, reaching a staggering $490 million market cap shortly after its release. But wit
🚀 A Soaring Start, Followed by a Sharp Fall
Hawk launched on the Solana blockchain on Wednesday, reaching a staggering $490 million market cap shortly after its release. But wit
A $6.2m banana, a crypto empire and Trump's potential conflicts
Not long after buying and publicly consuming a $6.2m banana as part of an artworld stunt, Chinese crypto entrepreneur Justin Sun made another eye-catching purchase, investing $30m ($23.5m) into a cryptocurrency firm called World Liberty Financial.
The company had foundered since its October launch, investors seemingly leery of its prospects and its terms.
But it boasted a potentially enticing feature: the chance to do business with a firm partnering with and promoted by none other than Donald Tr
The company had foundered since its October launch, investors seemingly leery of its prospects and its terms.
But it boasted a potentially enticing feature: the chance to do business with a firm partnering with and promoted by none other than Donald Tr
Bitcoin hits new record high of more than $106,000
Bitcoin has surged to a new record high, extending a rally that has seen the cryptocurrency's price rise by more than 50% since Donald Trump's victory in the 5 November election.
The world's largest cryptocurrency briefly passed $106,000 (£83,890), before falling back to around $105,000 in Asia trade on Monday.
The incoming Trump administration is seen as being far more friendly towards cryptocurrencies than the Biden White House.
On Thursday, the US president-elect reiterated that he is conside
The world's largest cryptocurrency briefly passed $106,000 (£83,890), before falling back to around $105,000 in Asia trade on Monday.
The incoming Trump administration is seen as being far more friendly towards cryptocurrencies than the Biden White House.
On Thursday, the US president-elect reiterated that he is conside
N Korea hackers stole $1.3bn of crypto this year - report
A total of $2.2bn (£1.76bn) in cryptocurrencies has been stolen this year, with North Korean hackers accounting for more than half that figure, according to a new study.
Research firm Chainalysis says hackers affiliated with the reclusive state stole $1.3bn of digital currencies - more than double last year's haul.
Some of the thefts appear to be linked to North Korean hackers posing as remote IT workers to infiltrate crypto and other technology firms, the report says.
It comes as the price of b
Research firm Chainalysis says hackers affiliated with the reclusive state stole $1.3bn of digital currencies - more than double last year's haul.
Some of the thefts appear to be linked to North Korean hackers posing as remote IT workers to infiltrate crypto and other technology firms, the report says.
It comes as the price of b
These crypto projects could get the most venture capital funding in 2025: CNBC Crypto World
CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Robert Le of PitchBook discusses which crypto projects are likely to get the most attention from venture capital firms in 2025.
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The Rise of Binance: Revolutionizing the Crypto World
Introduction: In the dynamic world of cryptocurrency, Binance has emerged as a game-changer. With a user-friendly platform, extensive trading options, and cutting-edge security, Binance stands tall as the go-to exchange for millions worldwide. But what makes Binance so special? Let’s dive deep into its journey and explore why it dominates the crypto sphere.
1. A Brief History of Binance
Founded in 2017 by Changpeng Zhao (CZ), Binance quickly became the largest cryptocurrency exchange in terms of
1. A Brief History of Binance
Founded in 2017 by Changpeng Zhao (CZ), Binance quickly became the largest cryptocurrency exchange in terms of
Full Market Bull Run: Crypto’s Exciting Surge
Thee term "bull run" in financial markets refers to a period of sustained price increases and widespread optimism. In the cryptocurrency world, a bull run is particularly electrifying, as prices can skyrocket within weeks or even days. It’s during these times that the market sees an influx of new investors, FOMO (fear of missing out) becomes rampant, and digital assets hit record highs. With signs pointing to the start of another full market bull run in crypto, enthusiasts are gearing up for a t
Fed Chair Jerome Powell: “The Federal Reserve is Not Allowed to Own Bitcoin”
In a statement that reaffirms the Federal Reserve’s position on cryptocurrencies, Chair Jerome Powell clarified that the Fed is “not allowed to own Bitcoin”. Speaking during a recent discussion on monetary policy and digital currencies, Powell highlighted the limitations placed on the central bank regarding its ability to interact with decentralized assets like Bitcoin.
“The Federal Reserve operates under a strict regulatory framework,” Powell stated. “We are authorized to deal with government-i
“The Federal Reserve operates under a strict regulatory framework,” Powell stated. “We are authorized to deal with government-i
Bitcoin (BTC) Drops Below 101,000 USDT, Witnesses a 2.56% Decrease in 24 Hours
As of December 19, 2024, at 04:41 AM (UTC), Bitcoin (BTC) has experienced a significant drop in value, falling below the 101,000 USDT mark. According to Binance market data, the cryptocurrency is currently trading at 100,950.5 USDT, marking a 24-hour decline of 2.56%.
The drop has narrowed BTC’s price trajectory, raising concerns and sparking discussions among traders and investors. This movement follows a recent wave of volatility in the cryptocurrency market, often characterized by rapid price changes driven by global macroeconomic factors, regulatory news, and market sentiment.
While Bitcoin remains the leading cryptocurrency, its price fluctuations emphasize the market's inherent risks and the need for cautious trading. Experts suggest that traders should closely monitor market trends and consider diversifying portfolios to mitigate risks.
Stay tuned for more updates as the crypto market continues to evolve. Stick to reliable market data and analysis to make informed trading decisions.
$BTC
As of December 19, 2024, at 04:41 AM (UTC), Bitcoin (BTC) has experienced a significant drop in value, falling below the 101,000 USDT mark. According to Binance market data, the cryptocurrency is currently trading at 100,950.5 USDT, marking a 24-hour decline of 2.56%.
The drop has narrowed BTC’s price trajectory, raising concerns and sparking discussions among traders and investors. This movement follows a recent wave of volatility in the cryptocurrency market, often characterized by rapid price changes driven by global macroeconomic factors, regulatory news, and market sentiment.
While Bitcoin remains the leading cryptocurrency, its price fluctuations emphasize the market's inherent risks and the need for cautious trading. Experts suggest that traders should closely monitor market trends and consider diversifying portfolios to mitigate risks.
Stay tuned for more updates as the crypto market continues to evolve. Stick to reliable market data and analysis to make informed trading decisions.
$BTC
Binance Square Christmas Campaign: Complete Tasks and Win Big!
Introduction
This holiday season, Binance Square is introducing an exciting Christmas campaign through the Task Center on the Binance App. Users can participate in daily activities to earn rewards from a 5,000 USDC prize pool and gain Binance Points. Here's everything you need to know to get started!
Activity Period
Start Date: 2024-12-19 06:00 (UTC)
End Date: 2024-12-25 06:00 (UTC)
How to Participate
Users can join the campaign by accessing the Task Center via the Creator Center on the Binance
This holiday season, Binance Square is introducing an exciting Christmas campaign through the Task Center on the Binance App. Users can participate in daily activities to earn rewards from a 5,000 USDC prize pool and gain Binance Points. Here's everything you need to know to get started!
Activity Period
Start Date: 2024-12-19 06:00 (UTC)
End Date: 2024-12-25 06:00 (UTC)
How to Participate
Users can join the campaign by accessing the Task Center via the Creator Center on the Binance
Binance to Delist AKRO, BLZ, and WRX on December 25, 2024
Binance has announced its decision to delist three tokens—Akro (AKRO), Bluzelle (BLZ), and WazirX (WRX)—on December 25, 2024, at 03:00 UTC. This decision follows Binance’s regular reviews of listed digital assets to ensure they meet the platform’s high standards and align with industry requirements.
Factors Behind the Delisting Decision
Binance evaluates multiple factors before delisting an asset, including:
Commitment of the development team.
Quality of development activity.
Trading volume and liquidity.
Network stability and safety.
Public communication and responsiveness.
Regulatory compliance.
Contribution to the crypto ecosystem.
Key Details of the Delisting Process
1. Trading and Deposits:
Trading for AKRO/USDT, BLZ/BTC, BLZ/USDT, and WRX/USDT pairs will cease on December 25, 2024, at 03:00 UTC.
Deposits of these tokens will no longer be credited after December 26, 2024, at 03:00 UTC.
2. Withdrawals:
Withdrawals of AKRO, BLZ, and WRX will be supported until February 25, 2025, at 03:00 UTC.
3. Potential Token Conversion:
Binance may convert delisted tokens into stablecoins after February 26, 2025, at 03:00 UTC. Users will be notified separately if applicable.
4. Binance Futures:
Futures contracts for BLZUSDT will close on December 23, 2024, at 09:00 UTC, with automatic settlement.
5. Binance Margin:
Margin trading and borrowing for the delisted tokens will be suspended starting December 18, 2024, at 15:00 UTC.
All margin positions will be settled by December 23, 2024, at 10:00 UTC.
6. Binance Convert:
Sell-only functionality will remain for the tokens until December 25, 2024, at 02:00 UTC.
7. Other Services Affected:
Binance Simple Earn, Auto-Invest, Buy & Sell Crypto, Gift Cards, and Trading Bots will also terminate support for these tokens on various dates leading up to the delisting.
User Recommendations
Close all positions and cancel orders involving these tokens before the delisting dates.
$BNB
Binance has announced its decision to delist three tokens—Akro (AKRO), Bluzelle (BLZ), and WazirX (WRX)—on December 25, 2024, at 03:00 UTC. This decision follows Binance’s regular reviews of listed digital assets to ensure they meet the platform’s high standards and align with industry requirements.
Factors Behind the Delisting Decision
Binance evaluates multiple factors before delisting an asset, including:
Commitment of the development team.
Quality of development activity.
Trading volume and liquidity.
Network stability and safety.
Public communication and responsiveness.
Regulatory compliance.
Contribution to the crypto ecosystem.
Key Details of the Delisting Process
1. Trading and Deposits:
Trading for AKRO/USDT, BLZ/BTC, BLZ/USDT, and WRX/USDT pairs will cease on December 25, 2024, at 03:00 UTC.
Deposits of these tokens will no longer be credited after December 26, 2024, at 03:00 UTC.
2. Withdrawals:
Withdrawals of AKRO, BLZ, and WRX will be supported until February 25, 2025, at 03:00 UTC.
3. Potential Token Conversion:
Binance may convert delisted tokens into stablecoins after February 26, 2025, at 03:00 UTC. Users will be notified separately if applicable.
4. Binance Futures:
Futures contracts for BLZUSDT will close on December 23, 2024, at 09:00 UTC, with automatic settlement.
5. Binance Margin:
Margin trading and borrowing for the delisted tokens will be suspended starting December 18, 2024, at 15:00 UTC.
All margin positions will be settled by December 23, 2024, at 10:00 UTC.
6. Binance Convert:
Sell-only functionality will remain for the tokens until December 25, 2024, at 02:00 UTC.
7. Other Services Affected:
Binance Simple Earn, Auto-Invest, Buy & Sell Crypto, Gift Cards, and Trading Bots will also terminate support for these tokens on various dates leading up to the delisting.
User Recommendations
Close all positions and cancel orders involving these tokens before the delisting dates.
$BNB
XRP Price Prediction for December 18, 2024
Ripple's XRP demonstrated impressive momentum, surging beyond $2.71 on December 17 following the highly anticipated launch of the RLUSD stablecoin. However, the rally faced a temporary pullback, with XRP currently trading around the $2.55 mark. Despite the slight dip, the market structure remains favorable, with strong support identified near $2.40.
Key Support and Resistance Levels
A micro support zone has emerged between $2.55 and $2.62, offering stability in the short term.
The third wave of
Key Support and Resistance Levels
A micro support zone has emerged between $2.55 and $2.62, offering stability in the short term.
The third wave of
Introducing Binance Alpha: A Gateway to Emerging Crypto Projects
Binance has unveiled Binance Alpha, a cutting-edge platform within the Binance Wallet designed to spotlight early-stage crypto projects with promising potential in the evolving Web3 ecosystem. This initiative acts as a pre-listing token selection pool, enhancing transparency and offering users early access to groundbreaking projects that may shape the future of blockchain technology.
What is Binance Alpha?
Binance Alpha is a curated platform that introduces crypto enthusiasts to innovative proje
What is Binance Alpha?
Binance Alpha is a curated platform that introduces crypto enthusiasts to innovative proje
New Loanable Assets on Binance Loans (Flexible Rate) and VIP Loan
Binance has introduced new loanable assets for its Flexible Rate Loans and VIP Loan services, expanding borrowing options for users.
New Loanable Assets
1. Binance Loans (Flexible Rate):
Vana (VANA)
2. VIP Loan:
Simon's Cat (1000CAT)
Pudgy Penguins (PENGU)
Vana (VANA)
Key Information
Binance Loans (Flexible Rate)
This service allows users to borrow cryptocurrencies without a fixed loan term while collateralizing assets in existing Simple Earn Flexible Products.
Benefits:
Flexible repayment terms.
Earn Real-Time APR rewards on collateralized assets.
Dynamic interest rates updated every minute.
Requirements:
Minimum loan order: 1 USDC equivalent.
Updated Binance app version (iOS v2.78.0/Android v2.78.0 or later) is required for placing new loan orders.
VIP Loan
The VIP Loan service caters to personal and institutional clients looking for large, over-collateralized loans.
Use Cases:
Unlocking liquidity for long-term investments.
Leveraged trading opportunities.
Advanced hedging strategies.
Advantages:
Competitive interest rates and flexible terms.
Access to exclusive VIP services.
For further assistance, users interested in VIP Loans can contact the Binance VIP Key Account Coverage Team via email at vip_loan@binance.com.
How to Get Started
Binance Loans (Flexible Rate):
Borrow cryptocurrency with the flexibility of open-term loans while keeping your assets working for you in Simple Earn Flexible Products.
VIP Loan:
Unlock the potential of large-scale investments with tailored loan terms and competitive rates.
For more details, refer to the following resources:
Binance Loans (Flexible Rate) FAQ
Binance VIP Loan FAQ
Binance Loans Service Terms
Take advantage of these new features to enhance your investment strategies today!
Disclaimer: Products and services may vary by region. Always refer to the original Binance announcement for accurate information.
#Write2Earn!
$BNB $BTC $CATI
Binance has introduced new loanable assets for its Flexible Rate Loans and VIP Loan services, expanding borrowing options for users.
New Loanable Assets
1. Binance Loans (Flexible Rate):
Vana (VANA)
2. VIP Loan:
Simon's Cat (1000CAT)
Pudgy Penguins (PENGU)
Vana (VANA)
Key Information
Binance Loans (Flexible Rate)
This service allows users to borrow cryptocurrencies without a fixed loan term while collateralizing assets in existing Simple Earn Flexible Products.
Benefits:
Flexible repayment terms.
Earn Real-Time APR rewards on collateralized assets.
Dynamic interest rates updated every minute.
Requirements:
Minimum loan order: 1 USDC equivalent.
Updated Binance app version (iOS v2.78.0/Android v2.78.0 or later) is required for placing new loan orders.
VIP Loan
The VIP Loan service caters to personal and institutional clients looking for large, over-collateralized loans.
Use Cases:
Unlocking liquidity for long-term investments.
Leveraged trading opportunities.
Advanced hedging strategies.
Advantages:
Competitive interest rates and flexible terms.
Access to exclusive VIP services.
For further assistance, users interested in VIP Loans can contact the Binance VIP Key Account Coverage Team via email at vip_loan@binance.com.
How to Get Started
Binance Loans (Flexible Rate):
Borrow cryptocurrency with the flexibility of open-term loans while keeping your assets working for you in Simple Earn Flexible Products.
VIP Loan:
Unlock the potential of large-scale investments with tailored loan terms and competitive rates.
For more details, refer to the following resources:
Binance Loans (Flexible Rate) FAQ
Binance VIP Loan FAQ
Binance Loans Service Terms
Take advantage of these new features to enhance your investment strategies today!
Disclaimer: Products and services may vary by region. Always refer to the original Binance announcement for accurate information.
#Write2Earn!
$BNB $BTC $CATI
5 Crypto Coins That Could Make You a Billionaire in 2025 ?
The cryptocurrency market continues to evolve, creating massive opportunities for investors who can identify promising projects early. With the right mix of timing, research, and patience, some altcoins have the potential to deliver unprecedented returns. If you're looking for crypto assets that could skyrocket your portfolio in 2025, here are five coins worth keeping an eye on.
1. Ethereum (ETH)
While Bitcoin remains the king of crypto, Ethereum has consistently proven its utility and innovatio
1. Ethereum (ETH)
While Bitcoin remains the king of crypto, Ethereum has consistently proven its utility and innovatio