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The former executive is starting a new chapter, having returned to the US in October 2024 after being detained for eight months in Nigeria. Tigran Gambaryan, the Binance executive held for months by Nigerian officials before his release in October 2024, announced his formal resignation from the company on June 6. The former Binance executive…
RWAs are benefiting from increasing US crypto regulatory clarity, which has pushed the tokenization sector past $23 billion. The tokenization of real-world assets (RWAs) surged in the first half of 2025 as increased regulatory clarity fueled broader adoption of blockchain-based financial products. Real-world asset tokenization refers to financial and other tangible assets minted on the…
Bulls launched a futures market-driven attack on BTC’s $110,000 resistance level as US markets are closed for Memorial Day. Will spot volumes follow on Tuesday? Bitcoin (BTC) price staged a mild recovery over the weekend, but gains above $110,000 are being capped by selling. Data from Glassnode shows “net distribution” (selling) from the cohort holding…
UK judges rejected a $11.9 billion claim from BSV investors, ruling that they could have mitigated losses after Binance and others had delisted the token. The United Kingdom’s Court of Appeal has partially dismissed a lawsuit brought by Bitcoin SV investors against major crypto exchanges, including Binance, for allegedly conspiring to delist the token in…
Binance is pushing to dismiss a $1.76 billion lawsuit filed by FTX, claiming the suit wrongly blames Binance and former CEO Changpeng Zhao for a collapse caused by internal fraud. Binance has filed a motion to dismiss a $1.76 billion lawsuit brought by the FTX estate, accusing the defunct crypto exchange of trying to deflect…
Binance says all members of a class lawsuit alleging it sold securities should be sent to arbitration, claiming they waived their ability to sue the crypto exchange under its terms of use. Crypto exchange Binance has asked a US federal judge to send all members of a class-action lawsuit alleging it sold securities to arbitration,…
The co-founder of Telegram-based crypto project Blum, Vladimir Smerkis, is in custody in Moscow over accusations that he committed large-scale fraud, TASS reports. Vladimir Smerkis, a co-founder of the Telegram-based crypto project Blum, has reportedly been arrested in Moscow, Russia, on fraud allegations, amid Blum confirming he is no longer affiliated with the project. The…
The co-founder of Telegram-based crypto project Blum, Vladimir Smerkis, is in custody in Moscow over accusations that he committed large-scale fraud, TASS reports. Vladimir Smerkis, a co-founder of the Telegram-based crypto project Blum, has reportedly been arrested in Moscow, Russia, on fraud allegations, amid Blum confirming he is no longer affiliated with the project. The…
Binance founder Changpeng Zhao confirmed he applied for Donald Trump to pardon his money laundering conviction after denying earlier reports that he’d done so. Binance founder and convicted felon Changpeng Zhao says that he applied for a pardon from US President Donald Trump shortly after denying reports that he was seeking one. Zhao, also known…
Kyrgyzstan signed a memorandum of understanding with Binance to launch Binance Pay in the country on May 4. Binance co-founder Changpeng “CZ” Zhao has proposed Bitcoin and BNB as the first digital assets to form Kyrgyzstan’s national crypto reserves. On May 5, Zhao shared on X that he advised Kyrgyzstan to start with Bitcoin (BTC)…