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Binance Secures Registration With India’s Financial Intelligence Unit Following $2,200,000 Fine in June

Binance Secures Registration With India’s Financial Intelligence Unit Following ,200,000 Fine in June

Crypto exchange Binance is resuming its services in India after complying with the nation’s registration requirements. Late last year, India blocked Binance along with nearly a dozen foreign crypto exchanges for failing to register as a reporting entity with the Financial Intelligence Unit (FIU) as required by the country’s anti-money laundering law. In June, the […]

The post Binance Secures Registration With India’s Financial Intelligence Unit Following $2,200,000 Fine in June appeared first on The Daily Hodl.

Crypto Fear & Greed Index Jumps Back into Greed Territory

Nigeria Blocks Jailed Binance Executive Tigran Gambaryan’s Legal Team

Nigeria Blocks Jailed Binance Executive Tigran Gambaryan’s Legal TeamJailed Binance employee and an American citizen, Tigran Gambaryan, is reportedly experiencing severe health issues. Since a Nigerian court adjourned his hearing to October 11, his detention conditions have worsened, and his legal team has been blocked from visiting him, violating Nigerian regulations. Gambaryan requires specialized surgeries for a herniated disc and recurring throat infections. […]

Crypto Fear & Greed Index Jumps Back into Greed Territory

Binance reaches $1.7M agreement with Brazilian securities regulator

Brazil’s CVM issued a warning to the crypto exchange in 2020 that it was offering residents derivatives products without authorization.

Cryptocurrency exchange Binance reached an agreement with Brazil’s Securities and Exchange Commission (CVM) over offering derivatives products.

In an Aug. 14 notice, the CVM said Binance agreed to pay 9.6 million reais — roughly $1.7 million at the time of publication — to the securities regulator. The CVM issued a warning to Binance in 2020 that the exchange was offering Brazilian residents derivatives products without authorization.

“Since the regulator’s first communication to Binance in 2020, the exchange has taken all necessary measures and actions to respond to the authority and comply with local requirements,” said Binance in a translated statement to Cointelegraph Brazil. “The CVM board’s decision to accept the proposed Term Sheet reaffirms that the adjustments and updates made by Binance over time are sufficient for the regulator.”

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Crypto Fear & Greed Index Jumps Back into Greed Territory

Bitcoin ETFs See $19,000,000,000 in Net Flows As BlackRock Becomes Third-Largest BTC Holder: Bloomberg Analyst

Bitcoin ETFs See ,000,000,000 in Net Flows As BlackRock Becomes Third-Largest BTC Holder: Bloomberg Analyst

Spot Bitcoin (BTC) exchange-traded funds have witnessed more than $19.3 billion of net inflows this year, according to Eric Balchunas, a Bloomberg ETF analyst. Balchunas tells his 319,100 followers on the social media platform X that the number is “surprisingly strong” and argues that it is the most important bellwether of success given Grayscale’s GBTC […]

The post Bitcoin ETFs See $19,000,000,000 in Net Flows As BlackRock Becomes Third-Largest BTC Holder: Bloomberg Analyst appeared first on The Daily Hodl.

Crypto Fear & Greed Index Jumps Back into Greed Territory

Binance to Convert Delisted Crypto to USDC — Advises Users to Withdraw Affected Tokens Before Deadline

Binance to Convert Delisted Crypto to USDC — Advises Users to Withdraw Affected Tokens Before DeadlineCrypto exchange Binance has announced the conversion of several delisted tokens into stablecoin USDC. Users are advised to withdraw affected crypto tokens by Sept. 1, as they will no longer be accessible afterward. After this date, withdrawals of the delisted tokens will no longer be supported, and users will not be able to transfer them […]

Crypto Fear & Greed Index Jumps Back into Greed Territory

Venezuela Blocks Access to Binance Amid Massive Inflation and Civil Unrest

Venezuela Blocks Access to Binance Amid Massive Inflation and Civil Unrest

Access to Binance has been blocked in Venezuela amid civil unrest and massive inflation following the South American country’s controversial presidential election last month. Binance, the top global crypto exchange by volume, took to the social media platform X on Saturday to assure Venezuelan customers that their funds are safe. “Like several websites of companies […]

The post Venezuela Blocks Access to Binance Amid Massive Inflation and Civil Unrest appeared first on The Daily Hodl.

Crypto Fear & Greed Index Jumps Back into Greed Territory

Tigran Gambaryan’s health worsens, surgery now required

Gambaryan has been detained in Nigeria since February 2024 and has suffered numerous chronic health conditions during that time.

Detained Binanance executive Tigran Gambaryan’s health continues to deteriorate, according to his wife Yuki, and h requires two surgeries to remove his tonsils and correct a herniated disc in his back.

In the impassioned plea to release her husband, Yuki implored the Nigerian government to either release Tigran or allow him to seek the necessary medical attention to improve his health:

Tigran has reportedly suffered several bouts of throat infection and pneumonia. The detained Binance executive also contracted malaria earlier this year, and the combined health problems have led to Tigran being confined to a wheelchair and bedridden.

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Crypto Fear & Greed Index Jumps Back into Greed Territory

Venezuela blocks Binance, X amid presidential election dispute

Binance has assured its users that their funds are safe after Venezuela cut off access to the exchange and social media platform X.

Venezuela’s government has blocked access to crypto exchange Binance, social media platform X and other online services amid unrest over disputed presidential election results.

On Aug. 9, local anti-censorship organization VE sin Filtro posted to X that it “detected a DNS block on the cryptocurrency exchange Binance, which affects the normal operation of its website and mobile application.”

“Like several websites of companies from different segments in Venezuela, including social networks, Binance pages have been facing access restrictions,” the exchange’s Latin American-focused X account posted on Aug. 10.

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Crypto Fear & Greed Index Jumps Back into Greed Territory

Venezuelan Government Blocks Binance, Cutting P2P Market Access for Thousands

Venezuelan Government Blocks Binance, Cutting P2P Market Access for ThousandsCANTV, a Venezuelan state-owned ISP, has reportedly started blocking traffic to Binance, one of the largest cryptocurrency exchanges in the world. The company, which controls a significant portion of the Venezuelan broadband market, has left thousands of Venezuelans without access to their savings and even P2P markets, which are popular among those using crypto as […]

Crypto Fear & Greed Index Jumps Back into Greed Territory

150,000 Ether Floods Liquid Staking Platforms in 27 Days

150,000 Ether Floods Liquid Staking Platforms in 27 DaysIn the last 27 days, ether liquid staking derivatives have experienced an influx of 150,000 ETH, valued at $390 million, flowing into various protocols. Notably, since July 14, 100,000 ETH made its way to Lido, the world’s leading liquid staking platform by market share. Ethereum Liquid Staking Spikes to 13.59 Million Ether, Lido Nears 10 […]

Crypto Fear & Greed Index Jumps Back into Greed Territory