Tag
BINANCE
The official exchange rate of the naira against the dollar ended its three-day winning streak, falling by 4.26% to N1602.43 per US dollar on Tuesday, March 5, 2024, compared to N1534.19/$1, according to data published by FMDQ.
Crypto trading platform, Binance, has issued a further clarification to its earlier statement where it announced the discontinuation of NGN services in Nigeria.
Crypto trading platform, Binance, has advised Nigerians trading on its exchange to withdraw all their NGN assets as it discontinues services in the country.
The Federal Government has slammed a $10 billion fine on crypto trading platform, Binance, over allegations of influencing the country’s forex crisis.
The official exchange rate between the naira and the US dollar on Wednesday, February 28th, 2024, appreciated slightly by 0.4% to N1609.51 per US dollar as against the N1615 to a dollar recorded the previous day, according to data published on the FMDQ where forex is officially sold.
Crypto trading platform, Binance, it has taken some actions to adjust trading on its platform by Nigerians to address what it described as an unusual currency movement.
Since founder and CEO Changpeng Zhao resigned and pled guilty in a settlement with the Department of Justice, outflows from Binance have exceeded $1 billion in the preceding twenty-four hours, excluding bitcoin, according to data from blockchain analysis firm Nansen.
Today, I stepped down as CEO of Binance. Admittedly, it was not easy to let go emotionally. But I know it is the right thing to do. I made mistakes, and I must take responsibility. This is best for our community, for Binance, and for myself.
The crypto market is buzzing with excitement due to strong optimism surrounding Binance, the largest crypto exchange in the world.
Changpeng Zhao is witnessing a substantial decline in his wealth as The cryptocurrency landscape takes a toll on prominent figures.
In a notable turn of events that sent shockwaves across the cryptocurrency community, Binance, a prominent player in the crypto space, has announced its decision to shut down its fiat-to-crypto payments platform, Binance Connect.
The Association of Bureaux De Change Operators of Nigeria (ABCON) has called on the Federal Government to ban the operations of Binance in the country.