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Changpeng Zhao, also known as CZ, was convicted of violating US money laundering laws in November and was free to travel in the US on a $175 million bail. A federal judge sentenced former Binance CEO Changpeng "CZ" Zhao to four months in prison for violating US money laundering laws. Before he was sentenced, CZ apologized for his actions and said he had "spent a lot of quiet time alone to think and reflect." He added that Binance accepts responsibility for not implementing an effective AML program.
BREAKING NEWS: Binance's founder and former CEO Changpeng Zhao (CZ) was sentenced to 4 months in prison.
The Renzo (REZ) crypto project gained attention after it was announced as Binance's 53rd new mining project. But instead of the expected Binance listing, REZ's ezETH token lost value. Within 24 hours, the value of ezETH dropped to $2262, causing some users to suffer losses.
However, a whale took advantage of this situation and bought 2499 ezETH worth $6.98 million with 2400 ETH.
This incident led to extensive discussions of cryptocurrencies.
Almost at any time of the Day..
However, a whale took advantage of this situation and bought 2499 ezETH worth $6.98 million with 2400 ETH.
This incident led to extensive discussions of cryptocurrencies.
Almost at any time of the Day..
Bitcoin(BTC) Drops Below 64,000 USDT, Down 4.36% in 24 Hours
According to Binance Market Data, Bitcoin dropped below 64,000 USDT and is currently trading at 63,835.609375 USDT, down 4.36% in 24 hours.
According to Binance Market Data, Bitcoin dropped below 64,000 USDT and is currently trading at 63,835.609375 USDT, down 4.36% in 24 hours.
BNB Token Burns Continue Their Impact on the Ecosystem
Binance has successfully completed the 27th quarterly token burn by BNB Chain. In this process, 1,944,452.51 BNB was approximated and a total of 1.17 billion dollars of BNB was deleted. Burns aim to support the ecosystem by regulating the market supply of BNB. Periodic Structure of
BNB Investments and Their Role in the Ecosystem BNB burns occur every three months, and this process is considered an important method of preserving the value of BNB and capturing the market.
Burns help BNB disperse its supply, becoming a rare asset.
BNB is used as the cornerstone of Binance Smart Chain (BSC) and other BNB Chain projects. It is also a governance token used for transactions and governance on these chains. The Future of BNB and Its Importance for Investors BNB would provide consistency when first launched, the entire
100 million tokens in the total supply would be burned, leaving only 100 million BNB in ââcirculation. The amount of BNB currently in circulation is 149,532,855 and each close transaction reduces this number. This can be considered as an indicator at what time BNB may increase.
Binance has successfully completed the 27th quarterly token burn by BNB Chain. In this process, 1,944,452.51 BNB was approximated and a total of 1.17 billion dollars of BNB was deleted. Burns aim to support the ecosystem by regulating the market supply of BNB. Periodic Structure of
BNB Investments and Their Role in the Ecosystem BNB burns occur every three months, and this process is considered an important method of preserving the value of BNB and capturing the market.
Burns help BNB disperse its supply, becoming a rare asset.
BNB is used as the cornerstone of Binance Smart Chain (BSC) and other BNB Chain projects. It is also a governance token used for transactions and governance on these chains. The Future of BNB and Its Importance for Investors BNB would provide consistency when first launched, the entire
100 million tokens in the total supply would be burned, leaving only 100 million BNB in ââcirculation. The amount of BNB currently in circulation is 149,532,855 and each close transaction reduces this number. This can be considered as an indicator at what time BNB may increase.
The cryptocurrency market had a mixed performance on Tuesday. Bitcoin is balanced between bulls and bears after the halving event, with the price stable above $66,000đą
đ Increases and decreases were seen in the top 200 altcoins in the market value ranking. Hedera (HBAR) increased the most with 40.4%. đ The biggest decrease was experienced by Ethena (ENA) with 7.7%.
đ Currently, the total market value of cryptocurrency is 2.45 trillion dollars, Bitcoin's dominance is 53.4%.
đ Bitcoin's 200-day moving average is approaching a historical peak. Analysts note that Bitcoin is attempting to surpass the short-term resistance at $67,500.
đ However, history does not guarantee future results. In the long term, decreasing daily supply and net new demand from ETFs could cause the price of Bitcoin to rise significantly.
đŽ While the market is waiting for a catalyst that will return cryptocurrency prices to an upward trend, Bitcoin falling below $ 60,000 is seen as a "major buying opportunity."
đ Increases and decreases were seen in the top 200 altcoins in the market value ranking. Hedera (HBAR) increased the most with 40.4%. đ The biggest decrease was experienced by Ethena (ENA) with 7.7%.
đ Currently, the total market value of cryptocurrency is 2.45 trillion dollars, Bitcoin's dominance is 53.4%.
đ Bitcoin's 200-day moving average is approaching a historical peak. Analysts note that Bitcoin is attempting to surpass the short-term resistance at $67,500.
đ However, history does not guarantee future results. In the long term, decreasing daily supply and net new demand from ETFs could cause the price of Bitcoin to rise significantly.
đŽ While the market is waiting for a catalyst that will return cryptocurrency prices to an upward trend, Bitcoin falling below $ 60,000 is seen as a "major buying opportunity."
#KEY will provide you with a good profit opportunity in short-term sales. It has been following stable trends for a long time.
IMPORTANT ADVANCEMENT.
Ripple Refused to Pay 2 Billion Dollars to the SEC: New Request to the Court!
Ripple Labs opposes the US Securities and Exchange Commission (SEC)'s $2 billion penalty request.
In its petition to the court on Monday, April 22, Ripple Labs stated that it opposed the SEC's $2 billion penalty request. The company stated that a $10 million penalty payment would be reasonable and acceptable:
The court must deny the SEC's motions for injunctive relief, damages, and prejudgment interest and impose a civil penalty not exceeding $10 million.
In its request submitted to the court last week, the SEC demanded that Ripple Labs pay a total fine of $1.95 billion, including $876 million in compensation, $198 million in pre-judgment interest, and $876 million in penalties.
While Ripple's lawyers described this high demand of the SEC as a reckless behavior, they pointed out that they displayed the same attitude throughout the entire process:
The SEC's requests for corrections are further evidence of the administrative excess surrounding this case. The SEC acts as if it has completely prevailed and proven its reckless behavior. But none of these are true. The SEC is also seeking a ban on refunds and a separate penalty exceeding 20 times the penalty it receives from any other defendant or defendant in a cryptocurrency case, checking Supreme Court precedent.
Ripple Refused to Pay 2 Billion Dollars to the SEC: New Request to the Court!
Ripple Labs opposes the US Securities and Exchange Commission (SEC)'s $2 billion penalty request.
In its petition to the court on Monday, April 22, Ripple Labs stated that it opposed the SEC's $2 billion penalty request. The company stated that a $10 million penalty payment would be reasonable and acceptable:
The court must deny the SEC's motions for injunctive relief, damages, and prejudgment interest and impose a civil penalty not exceeding $10 million.
In its request submitted to the court last week, the SEC demanded that Ripple Labs pay a total fine of $1.95 billion, including $876 million in compensation, $198 million in pre-judgment interest, and $876 million in penalties.
While Ripple's lawyers described this high demand of the SEC as a reckless behavior, they pointed out that they displayed the same attitude throughout the entire process:
The SEC's requests for corrections are further evidence of the administrative excess surrounding this case. The SEC acts as if it has completely prevailed and proven its reckless behavior. But none of these are true. The SEC is also seeking a ban on refunds and a separate penalty exceeding 20 times the penalty it receives from any other defendant or defendant in a cryptocurrency case, checking Supreme Court precedent.
Considering the situation that #XRP has been in for years, I am of the opinion that there will be no result again. That's why I recommend you direct your investments correctly.
The purchasing opportunity for #ENA has arisen again. Every #ENA you have at these levels can bring you good profits.
#EZ BINANCE ANNOUNCED ITS NEW LAUNCHPOOL PROJECT!
Binance announced its 53rd Launchpool project, Renzo Protocol ($EZ).
âŞď¸To farm $EZ tokens Starting April 24, you can deposit $BNB and $FDUSD tokens into separate pools for 6 days.
âŞď¸2.5% of the total token supply, corresponding to 250 million units, is offered on Launchpool. Among them, 212.5 million $EZ rewards (85%) will be distributed to those who stake $BNB, while 37.5 million $EZ (15%) will be distributed to those who stake $FDUSD. #EZ #Bitcoin #ETHđĽđĽđĽ #SUNUSDT
Binance announced its 53rd Launchpool project, Renzo Protocol ($EZ).
âŞď¸To farm $EZ tokens Starting April 24, you can deposit $BNB and $FDUSD tokens into separate pools for 6 days.
âŞď¸2.5% of the total token supply, corresponding to 250 million units, is offered on Launchpool. Among them, 212.5 million $EZ rewards (85%) will be distributed to those who stake $BNB, while 37.5 million $EZ (15%) will be distributed to those who stake $FDUSD. #EZ #Bitcoin #ETHđĽđĽđĽ #SUNUSDT
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