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The competition heats up in the dapp arena as developers weigh Binance Smart Chain against Ethereum. How do factors like scalability and transaction costs affect their decisions
The arrest marks an escalation in Africas largest economys new war on crypto. In December, the central bank seemed ready to welcome crypto platforms into the financial system
Binance Coin (BNB) & Dogecoin (DOGE) Surge as Kelexo (KLXO) Leap Year Presale Hypes up For 30X Gains – NewsBTC
The current excitement in the crypto market is filling the pockets of investors. Token prices are rising by over 30% and tokens like Binance Coin (BNB) and Dogecoin (DOGE) are included. These investors are also beginning to eye the Kelexo (KLXO) presale activity amidst its 30X hype
Binance has recovered billions in bungled deposits following its $4.3 billion settlement with the U.S. Department of Justice. Crypto exchange Binance reported over $4 billion of rescued customer deposits initiated within the last two years as the company looks to improve its operations under new leadership amid a bull cycle.
AXL, the Axelar Networks native token, has recently taken center stage.
Welcome to this weeks roundup, where we delve into the latest developments in the Forex, Fintech, and cryptocurrency markets. Stay ahead of the curve with our comprehensive overview of the weeks most impactful events and trends across these dynamic sectors. John Oliver rips into MetaTrader over role in Pig Butchering scams Comedian John Oliver did not hold back in criticizing the popular MetaTrader trading platform during his segment on pig butchering scams last Sunday on Last Week Tonight with John Oliver
Nigeria reportedly considers $10 billion Binance fine over illegal transactions and registration – CryptoSlate
The Nigerian government is reportedly considering imposing fines of up to $10 billion on Binance. Local media outlets reported that Bayo Onanuga, the special adviser to the Nigerian president, said the exchange profited from facilitating illegal transactions in the African country while the nation suffered huge losses
This development was disclosed by Bayo Onanuga, special adviser on information and strategy to President Bola Tinubu. The presidential aide stated that the fine was imposed due to Binance's illegal operations, which has significantly contributed to the devaluation of the naira in recent times. Last week, the government moved against Binance, and other crypto platforms like OctaFX, Coinbase and other crypto firms following reports that currency speculators and money launderers were using them to execute criminal activities.
BinanceCoin (BNB) has reignited its price ascent this week after undergoing key technical tests. With Bitcoins stagnation above $56,000 contrasting with BNBs sudden spike above $400, the top exchange token looks poised to retest critical upper resistance levels soon. After retracing last year,BNBspent considerable time centering around $300 support.
The Nigerian Government has fined cryptocurrency exchange Binance $10 billion for profit on illegal transactions according to Bayo Onanuga, a special advisor to President Bola Tinubu. Onanuga disclosed the financial penalty in an interview with the BBC that took place Friday