Binance to discontinue Nigerian currency services as legal squabble deepens

Binance to discontinue Nigerian currency services as legal squabble deepens

The Binance logo is displayed on a screen in San Anselmo, California, June 6, 2023. Justin Sullivan | Getty Images Binance on Tuesday announced that it will discontinue all Nigerian naira services, amid an ongoing legal dispute between the U.S. cryptocurrency firm remains and Africa’s most populous country. In an update posted on its website, … Read more

Pig butchering scam results in four indictments, two arrests: DOJ

Pig butchering scam results in four indictments, two arrests: DOJ

Las Vegas Review-journal | Tribune News Service | Getty Images Federal prosecutors have disrupted a so-called pig-butchering scheme that cost victims more than $80 million, the U.S. Department of Justice announced Thursday. Four men have been indicted and two arrests have been made in one of the most sweeping enforcement actions yet on a type … Read more

$115 million stolen so far

5 million stolen so far

The logo of HTX, formerly known as Huobi, is seen on the screen of a mobile device in this photo. Nurphoto | Nurphoto | Getty Images Two cryptocurrency platforms linked to high-profile digital entrepreneur Justin Sun were hacked in two exploits that may have stolen an estimated $115 million to date. The targeted projects include … Read more

Cryptocurrencies dip as investors digest regulatory updates from Binance, Kraken

Cryptocurrencies dip as investors digest regulatory updates from Binance, Kraken

Founder and CEO of Binance Changpeng Zhao, commonly known as “CZ”, attends the “CZ meets Italy” at Palazzo Brancaccio on May 10, 2022 in Rome, Italy. Antonio Masiello | Getty Images Cryptocurrencies were slightly lower Tuesday, as investors weighed a batch of regulatory updates from Washington involving some of the biggest names in crypto: Binance, … Read more