A Nigerian court has granted permission to keep Tigran Gambaryan, CEO of Binance, at a notorious detention center following accusations of money laundering against him. (Reported in recent news) Gambaryan, detained for nearly two months, would face charges on April 8th. The allegations involved concealing $35.4 million in illegal Nigerian earnings from Binance and a … Read more
Central securities depository Clearstream, which is part of Deutsche Börse Group, will take part in the European Central Bank (ECB’s) experiments for a digital euro, also known as wholesale central bank digital currency (CBDC). Clearstream, which manages the D7 post-trade platform, is currently the only central securities depository (CSD) participating in the ECB’s early-stage preparation … Read more
In simple terms, El Salvador, known for making Bitcoin legitimate currency, introduces a new initiative to bring in talented professionals and strengthen its economy reliant on cryptocurrency. President Nayib Bukele announced plans to invest $5 billion in granting citizenship to approximately 5,000 foreigners with expertise in fields such as science, engineering, medicine, and arts. Upon … Read more
Primex Finance and CoinList have introduced a new rewards program called “Contribute and Earn” to motivate users and increase activity in lending and trading on their platform. This initiative distributes Early Primex Tokens (ePMX), which account for 2% of the total PMX token supply, to top contributors over a period of 12 weeks. The program … Read more
Former President Donald Trump’s cryptocurrency business has hit a roadblock. At first, his involvement in crypto transactions brought profits, but later market instability caused a significant loss in his investments. In his first year of involvement with cryptocurrencies, the business magnate derived most of his income from the royalties of his own NFT collection, named … Read more