Binance Square

MuhammadYasir78627

Assalamualaikum Welcome Everyone
0 Following
38 Followers
59 Liked
12 Shared
All Content
--
😰 Gaza war death toll could be significantly higher, researchers say🔥The Palestinian death toll from the war in Gaza could be substantially higher than official figures reported by the Hamas-run health ministry, research published in The Lancet medical journal suggests. The UK-led study covered the first nine months of the war, which began when Hamas gunmen attacked Israel on 7 October 2023. It used data from the ministry, an online survey of relatives reporting fatalities, and obituaries. It estimated that up until 30 June 2024, 64,260 Palestinians died from traumatic injury, meaning an under-reporting of deaths by 41%. The Israeli embassy in the UK said "any information that derives from Gaza cannot be trusted" and served Hamas. The UN treats the health ministry's figures as reliable. The ministry's figures do not distinguish between combatants and civilians, but a recent report by the UN said the majority of verified victims over a six month period were women and children. Israel says Hamas's figures cannot be trusted. In August, the Israel Defense Forces (IDF) said it had "eliminated over 17,000 terrorists", though it is unclear how it arrived at this figure. The IDF insists it only targets combatants and tries to avoid or minimise civilian casualties. Israel is not allowing international journalists from media organisations, including the BBC, independent access to Gaza, making it difficult to verify the facts on the ground. The team behind the latest study used a statistical method called "capture-recapture", a technique which has been used to evaluate deaths in other conflicts. Researchers from the London School of Hygiene & Tropical Medicine looked at how many people turned up repeatedly in different attempts to count deaths. The level of overlap between those lists suggested that the number of deaths directly caused by traumatic injury in the conflict could be significantly higher than hospital figures published by the Ministry of Health. Gaza's health ministry issues updated death tolls from the war daily. It compiles the figures from deaths recorded in hospitals, deaths reported by family members, and deaths from "reliable media reports". The report in The Lancet estimated a death toll between 55,298–78,525 people, compared to 37,877 reported by the health ministry. The report's figures could be meaningfully higher or lower depending on the technical details of the analysis. For example, identifying deaths by "traumatic injury" in each set of data could be tricky. Getting it wrong could push the study's estimates higher or lower. The research also said 59% of those killed for whom data on sex and age was available were women, children and the elderly. The war in Gaza was triggered by Hamas's attack in which about 1,200 people were killed and 251 others taken back to Gaza as hostages. Israel launched a massive military offensive on Gaza in response. The health ministry says 46,006 people, most of them civilians, have been killed by the Israeli campaign #Write2Earn! #Gaza $BNB {spot}(BNBUSDT) $BTC

😰 Gaza war death toll could be significantly higher, researchers say🔥

The Palestinian death toll from the war in Gaza could be substantially higher than official figures reported by the Hamas-run health ministry, research published in The Lancet medical journal suggests.
The UK-led study covered the first nine months of the war, which began when Hamas gunmen attacked Israel on 7 October 2023.
It used data from the ministry, an online survey of relatives reporting fatalities, and obituaries. It estimated that up until 30 June 2024, 64,260 Palestinians died from traumatic injury, meaning an under-reporting of deaths by 41%.
The Israeli embassy in the UK said "any information that derives from Gaza cannot be trusted" and served Hamas.
The UN treats the health ministry's figures as reliable.
The ministry's figures do not distinguish between combatants and civilians, but a recent report by the UN said the majority of verified victims over a six month period were women and children.
Israel says Hamas's figures cannot be trusted. In August, the Israel Defense Forces (IDF) said it had "eliminated over 17,000 terrorists", though it is unclear how it arrived at this figure. The IDF insists it only targets combatants and tries to avoid or minimise civilian casualties.
Israel is not allowing international journalists from media organisations, including the BBC, independent access to Gaza, making it difficult to verify the facts on the ground.
The team behind the latest study used a statistical method called "capture-recapture", a technique which has been used to evaluate deaths in other conflicts.
Researchers from the London School of Hygiene & Tropical Medicine looked at how many people turned up repeatedly in different attempts to count deaths. The level of overlap between those lists suggested that the number of deaths directly caused by traumatic injury in the conflict could be significantly higher than hospital figures published by the Ministry of Health.
Gaza's health ministry issues updated death tolls from the war daily. It compiles the figures from deaths recorded in hospitals, deaths reported by family members, and deaths from "reliable media reports".
The report in The Lancet estimated a death toll between 55,298–78,525 people, compared to 37,877 reported by the health ministry.
The report's figures could be meaningfully higher or lower depending on the technical details of the analysis.
For example, identifying deaths by "traumatic injury" in each set of data could be tricky. Getting it wrong could push the study's estimates higher or lower.
The research also said 59% of those killed for whom data on sex and age was available were women, children and the elderly.
The war in Gaza was triggered by Hamas's attack in which about 1,200 people were killed and 251 others taken back to Gaza as hostages. Israel launched a massive military offensive on Gaza in response.
The health ministry says 46,006 people, most of them civilians, have been killed by the Israeli campaign
#Write2Earn! #Gaza
$BNB
$BTC
Peeling the $6.2 Million Banana: An Auction ExplainerAnswers to six immediate questions you might have about the art world after a crypto entrepreneur spent millions on a 35-cent fruit. When is a banana not a banana? When it’s a work of art. At Sotheby’s auction on Wednesday night, the conceptual work by Maurizio Cattelan hammered for $5.2 million, or $6.2 million with fees. It wasn’t just a banana. It was a banana with a back story. The spectacle on Wednesday evening, when a Sotheby’s auctioneer in Manhattan warned potential bidders not to let Maurizio Cattelan’s fruity artwork “slip away,” ended with a duct-taped banana selling for an astonishing $6.2 million, with fees. A crypto entrepreneur named Justin Sun placed the winning bid from Hong Kong, adding Cattelan’s 2019 conceptual artwork, titled “Comedian,” to the quirky collection he has amassed over the last few years that includes a Giacometti sculpture, a Picasso painting and a very expensive NFT of a pet rock. But winning the auction is really just the beginning of the negotiations that will take place over the next month or so (a buyer typically has 30 days to pay, by which time the banana will inevitably blacken and rot). In a phone interview this week, Sun said that he intended to pay for the banana with his own invented cryptocurrency; however, Sotheby’s might only accept payment through more popular forms of digital payment like Bitcoin or Ethereum. Here are six questions you might have after seeing the ultrarich wave millions around for a piece of fruit — one that might well spoil from its own success. #Write2Earn! $BNB

Peeling the $6.2 Million Banana: An Auction Explainer

Answers to six immediate questions you might have about the art world after a crypto entrepreneur spent millions on a 35-cent fruit.
When is a banana not a banana? When it’s a work of art. At Sotheby’s auction on Wednesday night, the conceptual work by Maurizio Cattelan hammered for $5.2 million, or $6.2 million with fees.
It wasn’t just a banana. It was a banana with a back story.
The spectacle on Wednesday evening, when a Sotheby’s auctioneer in Manhattan warned potential bidders not to let Maurizio Cattelan’s fruity artwork “slip away,” ended with a duct-taped banana selling for an astonishing $6.2 million, with fees.
A crypto entrepreneur named Justin Sun placed the winning bid from Hong Kong, adding Cattelan’s 2019 conceptual artwork, titled “Comedian,” to the quirky collection he has amassed over the last few years that includes a Giacometti sculpture, a Picasso painting and a very expensive NFT of a pet rock.
But winning the auction is really just the beginning of the negotiations that will take place over the next month or so (a buyer typically has 30 days to pay, by which time the banana will inevitably blacken and rot). In a phone interview this week, Sun said that he intended to pay for the banana with his own invented cryptocurrency; however, Sotheby’s might only accept payment through more popular forms of digital payment like Bitcoin or Ethereum.
Here are six questions you might have after seeing the ultrarich wave millions around for a piece of fruit — one that might well spoil from its own success.
#Write2Earn!
$BNB
🚀 Gary Wang, a Top FTX Executive, Is Given No Prison Time 🔏Mr. Wang is the last close colleague of the FTX founder Sam Bankman-Fried to be sentenced for the fraud that caused the crypto exchange to collapse in 2022. Gary Wang, a former top executive of the failed FTX cryptocurrency exchange, on Wednesday. Judge Lewis A. Kaplan told Mr. Wang that he deserved a “world of credit” for the extent of his cooperation. Gary Wang, who was a close friend and colleague of the disgraced cryptocurrency mogul Sam Bankman-Fried, on Wednesday avoided prison time for his role in the collapse of the FTX crypto exchange after he cooperated with U.S. prosecutors. Mr. Wang is the second key cooperating witness in the FTX case to receive a sentence that does not involve any prison time. Instead, a federal judge sentenced him to three years of supervised release. Judge Lewis A. Kaplan, who has presided over the case, told Mr. Wang that he deserved a “world of credit” for the extent of his cooperation. “You immediately did the right thing,” Judge Kaplan said. Weeks after FTX failed in 2022, Mr. Wang, now 31, pleaded guilty to participating in the theft of $8 billion from the exchange’s customers. He agreed to cooperate with prosecutors, and testified for the government at the 2023 trial of Mr. Bankman-Fried, whom Mr. Wang had known since they were teenagers. Mr. Bankman-Fried was found guilty on seven counts of fraud, conspiracy and money laundering, and was sentenced to 25 years in prison. He has appealed the conviction. Before Mr. Wang’s sentencing, his lawyers requested that he serve no prison time, while prosecutors also called for leniency. Mr. Wang is the last of FTX’s top executives to receive a sentence. In September, Caroline Ellison, a crucial figure in the fraud who was also Mr. Bankman-Fried’s on-and-off girlfriend, was sentenced to two years in prison. Nishad Singh, another top FTX executive, received no prison time last month, after the judge in the case praised his cooperation with prosecutors. A fifth executive, Ryan Salame, was sentenced to seven and a half years in prison for campaign finance fraud. At the sentencing hearing in federal court on Wednesday, Mr. Wang told Judge Kaplan that he was “deeply sorry” for the role he played in the FTX fraud and the impact it had on the exchange’s customers. There are so many things I could have done differently,” Mr. Wang said in a brief statement. He added that he regretted the choices he had made and would try for the rest of his life to make amends for what he had done. Ilan Graff, one of Mr. Wang’s lawyers, said his client had never personally profited from the fraud at FTX or changed his lifestyle in any way. Among the executives caught up in the fraud, Mr. Wang had one of the longest-standing connections to Mr. Bankman-Fried. They met at a high school math camp and became classmates at the Massachusetts Institute of Technology, where they joined the same fraternity. In 2017, Mr. Wang helped Mr. Bankman-Fried run Alameda Research, a crypto trading firm based in Berkeley, Calif., and later moved with him to Hong Kong to start FTX. Known for his quiet demeanor, Mr. Wang was FTX’s chief technical expert, designing the computer code that powered the company’s popular crypto trading platform. In that role, Mr. Wang put in place code that helped enable Mr. Bankman-Fried’s fraud, allowing Alameda to borrow virtually unlimited amounts of customer funds from FTX. After FTX imploded, Mr. Wang flew to New York to begin working with prosecutors. In a memo to the court, the government called his cooperation “outstanding” and “remarkable.” In addition to his trial testimony, the memo said, Mr. Wang built a computer tool that the government has begun using to detect potential fraud by publicly traded companies. In another memo submitted to the court, Mr. Wang’s lawyers argued that he had a “limited role” in the FTX fraud and noted that he had pleaded guilty to fewer counts than the other conspirators. Gary wants nothing more than to lead a quiet life, in which he continues to try to right the wrong in which he participated,” his lawyers wrote. Mr. Wang has started a family and begun to rebuild his career, the memo said. In January 2023, he married another former FTX employee, Cheryl Chen, who is now pregnant with their child. Last year, he also began working full time as a software engineer at Polycam, a company that makes 3-D imaging technology. Wearing a dark suit and red tie, Mr. Wang was joined in court by his parents, as well as Ms. Chen and the chief executive of Polycam. After the sentence was read aloud, Ms. Chen quietly wiped away tears. Mr. Wang stood and smiled, shaking hands with the prosecutors as they left the courtroom. $BTC {spot}(BTCUSDT) $BNB

🚀 Gary Wang, a Top FTX Executive, Is Given No Prison Time 🔏

Mr. Wang is the last close colleague of the FTX founder Sam Bankman-Fried to be sentenced for the fraud that caused the crypto exchange to collapse in 2022.
Gary Wang, a former top executive of the failed FTX cryptocurrency exchange, on Wednesday. Judge Lewis A. Kaplan told Mr. Wang that he deserved a “world of credit” for the extent of his cooperation.
Gary Wang, who was a close friend and colleague of the disgraced cryptocurrency mogul Sam Bankman-Fried, on Wednesday avoided prison time for his role in the collapse of the FTX crypto exchange after he cooperated with U.S. prosecutors.
Mr. Wang is the second key cooperating witness in the FTX case to receive a sentence that does not involve any prison time. Instead, a federal judge sentenced him to three years of supervised release.
Judge Lewis A. Kaplan, who has presided over the case, told Mr. Wang that he deserved a “world of credit” for the extent of his cooperation. “You immediately did the right thing,” Judge Kaplan said.
Weeks after FTX failed in 2022, Mr. Wang, now 31, pleaded guilty to participating in the theft of $8 billion from the exchange’s customers. He agreed to cooperate with prosecutors, and testified for the government at the 2023 trial of Mr. Bankman-Fried, whom Mr. Wang had known since they were teenagers.
Mr. Bankman-Fried was found guilty on seven counts of fraud, conspiracy and money laundering, and was sentenced to 25 years in prison. He has appealed the conviction.
Before Mr. Wang’s sentencing, his lawyers requested that he serve no prison time, while prosecutors also called for leniency.
Mr. Wang is the last of FTX’s top executives to receive a sentence. In September, Caroline Ellison, a crucial figure in the fraud who was also Mr. Bankman-Fried’s on-and-off girlfriend, was sentenced to two years in prison. Nishad Singh, another top FTX executive, received no prison time last month, after the judge in the case praised his cooperation with prosecutors. A fifth executive, Ryan Salame, was sentenced to seven and a half years in prison for campaign finance fraud.
At the sentencing hearing in federal court on Wednesday, Mr. Wang told Judge Kaplan that he was “deeply sorry” for the role he played in the FTX fraud and the impact it had on the exchange’s customers.
There are so many things I could have done differently,” Mr. Wang said in a brief statement. He added that he regretted the choices he had made and would try for the rest of his life to make amends for what he had done.
Ilan Graff, one of Mr. Wang’s lawyers, said his client had never personally profited from the fraud at FTX or changed his lifestyle in any way.
Among the executives caught up in the fraud, Mr. Wang had one of the longest-standing connections to Mr. Bankman-Fried. They met at a high school math camp and became classmates at the Massachusetts Institute of Technology, where they joined the same fraternity.
In 2017, Mr. Wang helped Mr. Bankman-Fried run Alameda Research, a crypto trading firm based in Berkeley, Calif., and later moved with him to Hong Kong to start FTX. Known for his quiet demeanor, Mr. Wang was FTX’s chief technical expert, designing the computer code that powered the company’s popular crypto trading platform.
In that role, Mr. Wang put in place code that helped enable Mr. Bankman-Fried’s fraud, allowing Alameda to borrow virtually unlimited amounts of customer funds from FTX.
After FTX imploded, Mr. Wang flew to New York to begin working with prosecutors. In a memo to the court, the government called his cooperation “outstanding” and “remarkable.” In addition to his trial testimony, the memo said, Mr. Wang built a computer tool that the government has begun using to detect potential fraud by publicly traded companies.
In another memo submitted to the court, Mr. Wang’s lawyers argued that he had a “limited role” in the FTX fraud and noted that he had pleaded guilty to fewer counts than the other conspirators.
Gary wants nothing more than to lead a quiet life, in which he continues to try to right the wrong in which he participated,” his lawyers wrote.
Mr. Wang has started a family and begun to rebuild his career, the memo said. In January 2023, he married another former FTX employee, Cheryl Chen, who is now pregnant with their child. Last year, he also began working full time as a software engineer at Polycam, a company that makes 3-D imaging technology.
Wearing a dark suit and red tie, Mr. Wang was joined in court by his parents, as well as Ms. Chen and the chief executive of Polycam. After the sentence was read aloud, Ms. Chen quietly wiped away tears.
Mr. Wang stood and smiled, shaking hands with the prosecutors as they left the courtroom.
$BTC
$BNB
🚀 Woman loses £20k through AI investment scam 📉New figures have revealed people were scammed out of £612m through investment fraud last year, with criminals now using famous faces to gain trust. Ann Jensen, from Salisbury in Wiltshire, fell victim to a fake investment opportunity she thought was being promoted by Prime Minister Sir Keir Starmer. Once the fraudsters had persuaded Ms Jensen to take out a £20,000 loan to prove her financial fluidity, she never heard from them again. She described the realisation she had been scammed as having a "physical reaction" as though her "body had gone to liquid. Investment scammers trick people into thinking they are putting their money into a financial scheme that will grow, such as cryptocurrency, when they are just taking off with their cash. Ms Jensen told BBC Morning Live how she got hooked on one of these fraudulent schemes after scammers used deepfake technology to mimic the Prime Minister. “It was Keir Starmer talking about the benefit of this wonderful investment opportunity," she said. "That if you put in £200 you could start to make money on crypto trading. I clicked on it.” The fraudsters convinced Ms Jensen her initial investment had grown to more than £2,500 and persuaded her to take out a loan to prove she had enough funds to make more cryptocurrency, assuring her she would get this money back. But once the cooling-off period for the loan had passed Ms Jensen could no longer get in contact with the fraudsters. “[The shock] was a physical sensation," she said. "It felt as though my whole body had gone to liquid or air." Ms Jensen's bank said that she is liable for the loans and she owes them £23,000. She has agreed to pay it back in instalments for the next 27 years. “I never actually admitted to feeling stupid, because I don’t believe I am," she said. "But I do believe I was a victim of a crime, and I hadn’t actually processed that until afterwards. It’s tainted me for life.” Spotting a scam Dr Jan Collie, an expert in cybersecurity at The Open University, explained how the criminals are hooking people in with artificial intelligence (AI). "When it’s someone as well-known as Keir Starmer, there’s lots of video that exists of him," she said. "They throw it into the AI engine and it learns his mannerisms, facial expressions and then it can clone the voice. "People are more inclined to believe personalities, it feels more comfortable and seems more real.” Dr Collie advised there are certain things to look for when spotting one of these cons, such as pixelation and unrealistic or mismatched movements. #fraud #alert #scam $BTC {future}(BTCUSDT) $BNB {spot}(BNBUSDT)

🚀 Woman loses £20k through AI investment scam 📉

New figures have revealed people were scammed out of £612m through investment fraud last year, with criminals now using famous faces to gain trust.
Ann Jensen, from Salisbury in Wiltshire, fell victim to a fake investment opportunity she thought was being promoted by Prime Minister Sir Keir Starmer.
Once the fraudsters had persuaded Ms Jensen to take out a £20,000 loan to prove her financial fluidity, she never heard from them again.
She described the realisation she had been scammed as having a "physical reaction" as though her "body had gone to liquid.

Investment scammers trick people into thinking they are putting their money into a financial scheme that will grow, such as cryptocurrency, when they are just taking off with their cash.
Ms Jensen told BBC Morning Live how she got hooked on one of these fraudulent schemes after scammers used deepfake technology to mimic the Prime Minister.
“It was Keir Starmer talking about the benefit of this wonderful investment opportunity," she said.
"That if you put in £200 you could start to make money on crypto trading. I clicked on it.”
The fraudsters convinced Ms Jensen her initial investment had grown to more than £2,500 and persuaded her to take out a loan to prove she had enough funds to make more cryptocurrency, assuring her she would get this money back.
But once the cooling-off period for the loan had passed Ms Jensen could no longer get in contact with the fraudsters.

“[The shock] was a physical sensation," she said.
"It felt as though my whole body had gone to liquid or air."
Ms Jensen's bank said that she is liable for the loans and she owes them £23,000.
She has agreed to pay it back in instalments for the next 27 years.
“I never actually admitted to feeling stupid, because I don’t believe I am," she said.
"But I do believe I was a victim of a crime, and I hadn’t actually processed that until afterwards. It’s tainted me for life.”
Spotting a scam
Dr Jan Collie, an expert in cybersecurity at The Open University, explained how the criminals are hooking people in with artificial intelligence (AI).
"When it’s someone as well-known as Keir Starmer, there’s lots of video that exists of him," she said.
"They throw it into the AI engine and it learns his mannerisms, facial expressions and then it can clone the voice.
"People are more inclined to believe personalities, it feels more comfortable and seems more real.”
Dr Collie advised there are certain things to look for when spotting one of these cons, such as pixelation and unrealistic or mismatched movements.
#fraud #alert #scam
$BTC
$BNB
🚀 Nigeria drops charges against Binance cryptocurrency boss 🤵Nigeria’s anti-corruption agency has dropped a money-laundering case against a top cryptocurrency executive to allow him to get medical treatment abroad. Tigran Gambaryan, a US citizen, was arrested on a business trip to Nigeria in February and later charged alongside his company Binance with laundering $35.4m (£28m) - which they denied. The 40-year-old was in charge of financial crime compliance at Binance, the world's largest crypto exchange that Nigeria blames for much of its recent economic turmoil. It accused the digital platform - where investors can buy, sell and trade cryptocurrencies - of fixing exchange rates and currency speculation leading to the free-fall of the local currency. The charges against Binance, including tax evasion offences that it denies, were part of a clampdown by the Nigerian authorities on cryptocurrency firms in general over fears they were being used for money laundering and financing terrorism. WATCH: Behind Binance in Nigeria Key cryptocurrency terms and what they mean Mr Gambaryan’s family has been calling for his release over concerns about his health, saying conditions at the Kuje Correctional Centre - a prison in the capital, Abuja where he had been held since April - were exacerbating a back problem. “The herniated disc in his back has worsened to the point where it might leave permanent damage and affect his ability to walk,” his wife Yuki said in August. The High Court judge has twice denied him bail, saying he was a potential flight risk. This followed the escape from custody of his colleague Nadeem Anjarwalla, a British-Kenyan dual national who was Binance’s Africa regional manager. He was arrested alongside Mr Gambaryan in February but fled the country within weeks of the pair being put under house arrest - and is still wanted by the Nigerian authorities. According to the Reuters news agency, Gambaryan’s trial was adjourned last Friday as he was not able to appear because of illness. The Economic and Financial Crimes Commission (EFCC) then announced in court in Abuja on Wednesday that it was dropping the case against him. "We have withdrawn the money laundering charges against Tigran Gambaryan to allow him to get medical treatment outside the country," Reuters quotes EFCC lawyer Ekele Ihenacho as saying. The tax evasion charges filed against Binance by the Federal Inland Revenue Service will still be pursued in court. Binance has also fallen foul of US laws. Last November its founder Changpeng Zhao resigned and in April was sentenced to four months in prison for allowing criminals to launder money on his platform. More Nigeria stories from the BBC: 'I've been sleeping under a bridge in Lagos for 30 years' Is Nigeria on the right track after a year of Tinubu? The Nigerian professor who makes more money welding $BNB $BTC

🚀 Nigeria drops charges against Binance cryptocurrency boss 🤵

Nigeria’s anti-corruption agency has dropped a money-laundering case against a top cryptocurrency executive to allow him to get medical treatment abroad.
Tigran Gambaryan, a US citizen, was arrested on a business trip to Nigeria in February and later charged alongside his company Binance with laundering $35.4m (£28m) - which they denied.
The 40-year-old was in charge of financial crime compliance at Binance, the world's largest crypto exchange that Nigeria blames for much of its recent economic turmoil.
It accused the digital platform - where investors can buy, sell and trade cryptocurrencies - of fixing exchange rates and currency speculation leading to the free-fall of the local currency.
The charges against Binance, including tax evasion offences that it denies, were part of a clampdown by the Nigerian authorities on cryptocurrency firms in general over fears they were being used for money laundering and financing terrorism.
WATCH: Behind Binance in Nigeria
Key cryptocurrency terms and what they mean
Mr Gambaryan’s family has been calling for his release over concerns about his health, saying conditions at the Kuje Correctional Centre - a prison in the capital, Abuja where he had been held since April - were exacerbating a back problem.
“The herniated disc in his back has worsened to the point where it might leave permanent damage and affect his ability to walk,” his wife Yuki said in August.
The High Court judge has twice denied him bail, saying he was a potential flight risk.
This followed the escape from custody of his colleague Nadeem Anjarwalla, a British-Kenyan dual national who was Binance’s Africa regional manager.
He was arrested alongside Mr Gambaryan in February but fled the country within weeks of the pair being put under house arrest - and is still wanted by the Nigerian authorities.
According to the Reuters news agency, Gambaryan’s trial was adjourned last Friday as he was not able to appear because of illness.
The Economic and Financial Crimes Commission (EFCC) then announced in court in Abuja on Wednesday that it was dropping the case against him.
"We have withdrawn the money laundering charges against Tigran Gambaryan to allow him to get medical treatment outside the country," Reuters quotes EFCC lawyer Ekele Ihenacho as saying.
The tax evasion charges filed against Binance by the Federal Inland Revenue Service will still be pursued in court.
Binance has also fallen foul of US laws. Last November its founder Changpeng Zhao resigned and in April was sentenced to four months in prison for allowing criminals to launder money on his platform.
More Nigeria stories from the BBC:
'I've been sleeping under a bridge in Lagos for 30 years'
Is Nigeria on the right track after a year of Tinubu?
The Nigerian professor who makes more money welding
$BNB $BTC
🚀 Why Tesla, crypto and prisons are Trump trade winners 🏆Financial markets greeted Donald Trump’s victory in the US presidential election with a blistering rally. That's despite considerable debate about how Trump’s plans for tariffs, lower taxes and mass migrant deportations might affect the world’s largest economy. A week on, the surge finally appears to be settling. The three major stock indexes in the US ended the day lower on Tuesday, after rising roughly 5% since 4 November, the day before the election. Here are some of the companies that have come out ahead, as investors try to game out what the next four years might bring. Why Tesla, crypto and prisons are Trump trade winners 13 November 2024 Natalie Sherman BBC News Share Save Financial markets greeted Donald Trump’s victory in the US presidential election with a blistering rally. That's despite considerable debate about how Trump’s plans for tariffs, lower taxes and mass migrant deportations might affect the world’s largest economy. A week on, the surge finally appears to be settling. The three major stock indexes in the US ended the day lower on Tuesday, after rising roughly 5% since 4 November, the day before the election. Here are some of the companies that have come out ahead, as investors try to game out what the next four years might bring. Advertisement Tesla Tesla shares have surged roughly 35% since 4 November. The rally has pushed the market value of the firm back above $1tn for the first time since 2022 and boosted the wealth of boss Elon Musk, who owns a roughly 13% stake in the company, by more than $50bn. It marks a bet by investors that a Trump White House might ease up on some of the investigations by safety regulators into features such as self-driving. The ties between Trump and Musk could also help Tesla navigate shifts in relationship between the US and China, where the company has a significant presence. Although Trump is generally expected to reduce government support for electric vehicles, such as tax credits, analysts say this could actually benefit Tesla, the market leader in the US, making it harder for rivals to catch up. Cryptocurrency The price of the best-known cryptocurrency, Bitcoin, jumped more than 25% to new all-time records this week on the back of Trump's win, briefly storming past $89,000. The gains are a sign that investors are anticipating big changes for the sector, which faced a crackdown under the Biden administration from regulators warning it was rife with hucksters and fraudsters. Trump once also called crypto a scam, but he changed his tune on the campaign trail this year, promising to make the US the “crypto capital of the planet”. He said he would create a strategic bitcoin stockpile and sack Securities and Exchange Commission chair Gary Gensler, who had sparked anger by taking legal action against firms under existing financial laws. Crypto firms insist their sector should be subject to new, tailor-made rules. That likely depends on Congress, where they could also get a friendlier hearing this year. Banks Shares in some of America's biggest banks have seen double digit gains since the day before the election as investors bet financial firms will be among the most immediate beneficiaries of Trump's promises for lighter regulation. Among other issues, he will now have a voice shaping pending rules that set how much cash banks must keep on hand as financial cushion. Trump is also expected to part ways with Lina Khan, current head of the Federal Trade Commission, who is known for her anti-monopoly views and is blamed for casting a chill on deal-making, a key business for banks. Shares in Capital One and Discover, which have a merger under review by regulators, have jumped more than 15% since the result. Prison operators Shares in the leading publicly traded prison firms GEO Group and CoreCivic have jumped roughly 70% since 4 November. The gains point to the big opportunity investors see for private prison operators as Trump vows to round up and deport millions of migrants. In 2021, President Joe Biden had ordered the Justice Department to stop doing business with private prison companies. But Trump, who reversed a similar order during his first term, is expected to change that policy and drive new business, as he looks for help to carry out his immigration promises. Trump's first actions as president have been focused on assembling the team in charge of immigration policy, a signal it is likely to be a priority. The dollar The dollar index is hovering at its highest level since April, rising more than 2% in the last week. It is good news for American tourists travelling abroad - but a more mixed signal about the economy. That is in part because the strength of the dollar is closely tied to interest rates, which investors are now betting could stay higher than previously anticipated. It partially reflects data from before the election suggesting the US economy is stronger than previously understood. But investors also see a risk that lower taxes, less immigration and new trade barriers could keep pressure on inflation, making the US central bank more reluctant to cut interest rates. Last week, the Federal Reserve offered little guidance about the months ahead, saying it was too early to tell what impact Trump's policies might have. Elon Musk Bitcoin Stock markets Donald Trump Cryptocurrency $BNB

🚀 Why Tesla, crypto and prisons are Trump trade winners 🏆

Financial markets greeted Donald Trump’s victory in the US presidential election with a blistering rally.
That's despite considerable debate about how Trump’s plans for tariffs, lower taxes and mass migrant deportations might affect the world’s largest economy.
A week on, the surge finally appears to be settling. The three major stock indexes in the US ended the day lower on Tuesday, after rising roughly 5% since 4 November, the day before the election.
Here are some of the companies that have come out ahead, as investors try to game out what the next four years might bring.
Why Tesla, crypto and prisons are Trump trade winners
13 November 2024
Natalie Sherman
BBC News
Share
Save

Financial markets greeted Donald Trump’s victory in the US presidential election with a blistering rally.
That's despite considerable debate about how Trump’s plans for tariffs, lower taxes and mass migrant deportations might affect the world’s largest economy.
A week on, the surge finally appears to be settling. The three major stock indexes in the US ended the day lower on Tuesday, after rising roughly 5% since 4 November, the day before the election.
Here are some of the companies that have come out ahead, as investors try to game out what the next four years might bring.
Advertisement
Tesla
Tesla shares have surged roughly 35% since 4 November.
The rally has pushed the market value of the firm back above $1tn for the first time since 2022 and boosted the wealth of boss Elon Musk, who owns a roughly 13% stake in the company, by more than $50bn.
It marks a bet by investors that a Trump White House might ease up on some of the investigations by safety regulators into features such as self-driving.
The ties between Trump and Musk could also help Tesla navigate shifts in relationship between the US and China, where the company has a significant presence.
Although Trump is generally expected to reduce government support for electric vehicles, such as tax credits, analysts say this could actually benefit Tesla, the market leader in the US, making it harder for rivals to catch up.
Cryptocurrency

The price of the best-known cryptocurrency, Bitcoin, jumped more than 25% to new all-time records this week on the back of Trump's win, briefly storming past $89,000.
The gains are a sign that investors are anticipating big changes for the sector, which faced a crackdown under the Biden administration from regulators warning it was rife with hucksters and fraudsters.
Trump once also called crypto a scam, but he changed his tune on the campaign trail this year, promising to make the US the “crypto capital of the planet”.
He said he would create a strategic bitcoin stockpile and sack Securities and Exchange Commission chair Gary Gensler, who had sparked anger by taking legal action against firms under existing financial laws.
Crypto firms insist their sector should be subject to new, tailor-made rules. That likely depends on Congress, where they could also get a friendlier hearing this year.
Banks

Shares in some of America's biggest banks have seen double digit gains since the day before the election as investors bet financial firms will be among the most immediate beneficiaries of Trump's promises for lighter regulation.
Among other issues, he will now have a voice shaping pending rules that set how much cash banks must keep on hand as financial cushion.
Trump is also expected to part ways with Lina Khan, current head of the Federal Trade Commission, who is known for her anti-monopoly views and is blamed for casting a chill on deal-making, a key business for banks.
Shares in Capital One and Discover, which have a merger under review by regulators, have jumped more than 15% since the result.
Prison operators

Shares in the leading publicly traded prison firms GEO Group and CoreCivic have jumped roughly 70% since 4 November.
The gains point to the big opportunity investors see for private prison operators as Trump vows to round up and deport millions of migrants.
In 2021, President Joe Biden had ordered the Justice Department to stop doing business with private prison companies.
But Trump, who reversed a similar order during his first term, is expected to change that policy and drive new business, as he looks for help to carry out his immigration promises.
Trump's first actions as president have been focused on assembling the team in charge of immigration policy, a signal it is likely to be a priority.
The dollar

The dollar index is hovering at its highest level since April, rising more than 2% in the last week.
It is good news for American tourists travelling abroad - but a more mixed signal about the economy.
That is in part because the strength of the dollar is closely tied to interest rates, which investors are now betting could stay higher than previously anticipated.
It partially reflects data from before the election suggesting the US economy is stronger than previously understood.
But investors also see a risk that lower taxes, less immigration and new trade barriers could keep pressure on inflation, making the US central bank more reluctant to cut interest rates.
Last week, the Federal Reserve offered little guidance about the months ahead, saying it was too early to tell what impact Trump's policies might have.
Elon Musk
Bitcoin
Stock markets
Donald Trump
Cryptocurrency
$BNB
🚀 Bitcoin miner sues over £600m lost in tip 💁A man trying to recover a Bitcoin hard drive in a landfill site which he says is now worth about £600m is "seeking to bribe the council", it has been claimed in court. Newport council has asked a High Court judge to strike out a claim by James Howells, who is attempting to sue the local authority to gain access to the site or get £495m in compensation. Council barrister James Goudie KC said Mr Howells' offer to donate 10% of the Bitcoin to the local community was encouraging the council to "play fast and loose" by "signing up for a share of the action". Dean Armstrong KC, for Mr Howells, said the "bribery" remark was "an unfortunate and pointless phrase" and said his client had a right to access the site to retrieve his Bitcoin. Following the hearing in Cardiff, Judge Keyser KC said he would reserve his decision until a later date. Mr Howells wants access to the Docksway landfill site, where he claims a digital wallet was mistakenly dumped by his former partner. The hearing was to determine whether the case should go to a full trial. Mr Howells has argued that his former partner erroneously dumped the hard drive containing a Bitcoin wallet in 2013. He was an early adopter of cryptocurrencies and successfully created, or "mined", the Bitcoin when it was worth a small fraction of its current value. After Mr Howells launched legal proceedings, the council applied for a High Court hearing to ask a judge to dismiss the claim before going to trial. Mr Goudie said there was "no duty" on the council to excavate its landfill site at the request of Mr Howells. The council argued that the law stated that property deposited at landfill sites belonged to the local authority, and that its environmental permits forbade it from disrupting the area in pursuit of the hard drive. 'Not above the law' He said the council was "bound by the law" and it was "not obliged to mediate" a claim that it believed was detrimental to the public interest. "Bitcoin enthusiasts are not above the law," Mr Goudie added. Mr Goudie also said that the time that had passed since the hard drive was thrown into the landfill meant any claims should no longer be considered. In asking the judge to allow the case to go to a full trial, Mr Howells' legal team said there were arguments around the ownership of the hard drive which needed to be developed. Mr Howells' barrister also argued that the search for the hard drive would not be "a needle in a haystack case". He said that "considerable expertise" was involved in planning the excavation, rendering the "haystack much, much smaller". Mr Armstrong said the court must be "very, very wary of causing a grave injustice to Mr Howells" by refusing to allow the case to go to a full trial. "We seek, plainly and candidly, a declaration of rights over the ownership of the Bitcoin," Mr Armstrong said. Seven wild moments from the turbulent story of Bitcoin Man says his binned Bitcoin fortune now worth £500m What is Bitcoin? Key crypto terms and what they mean Wales Bitcoin Newport City Council Newport Cryptocurrency $BNB $BTC

🚀 Bitcoin miner sues over £600m lost in tip 💁

A man trying to recover a Bitcoin hard drive in a landfill site which he says is now worth about £600m is "seeking to bribe the council", it has been claimed in court.
Newport council has asked a High Court judge to strike out a claim by James Howells, who is attempting to sue the local authority to gain access to the site or get £495m in compensation.
Council barrister James Goudie KC said Mr Howells' offer to donate 10% of the Bitcoin to the local community was encouraging the council to "play fast and loose" by "signing up for a share of the action".
Dean Armstrong KC, for Mr Howells, said the "bribery" remark was "an unfortunate and pointless phrase" and said his client had a right to access the site to retrieve his Bitcoin.
Following the hearing in Cardiff, Judge Keyser KC said he would reserve his decision until a later date.
Mr Howells wants access to the Docksway landfill site, where he claims a digital wallet was mistakenly dumped by his former partner.
The hearing was to determine whether the case should go to a full trial.
Mr Howells has argued that his former partner erroneously dumped the hard drive containing a Bitcoin wallet in 2013.
He was an early adopter of cryptocurrencies and successfully created, or "mined", the Bitcoin when it was worth a small fraction of its current value.
After Mr Howells launched legal proceedings, the council applied for a High Court hearing to ask a judge to dismiss the claim before going to trial.

Mr Goudie said there was "no duty" on the council to excavate its landfill site at the request of Mr Howells.
The council argued that the law stated that property deposited at landfill sites belonged to the local authority, and that its environmental permits forbade it from disrupting the area in pursuit of the hard drive.
'Not above the law'
He said the council was "bound by the law" and it was "not obliged to mediate" a claim that it believed was detrimental to the public interest.
"Bitcoin enthusiasts are not above the law," Mr Goudie added.
Mr Goudie also said that the time that had passed since the hard drive was thrown into the landfill meant any claims should no longer be considered.
In asking the judge to allow the case to go to a full trial, Mr Howells' legal team said there were arguments around the ownership of the hard drive which needed to be developed.
Mr Howells' barrister also argued that the search for the hard drive would not be "a needle in a haystack case".
He said that "considerable expertise" was involved in planning the excavation, rendering the "haystack much, much smaller".
Mr Armstrong said the court must be "very, very wary of causing a grave injustice to Mr Howells" by refusing to allow the case to go to a full trial.
"We seek, plainly and candidly, a declaration of rights over the ownership of the Bitcoin," Mr Armstrong said.
Seven wild moments from the turbulent story of Bitcoin
Man says his binned Bitcoin fortune now worth £500m
What is Bitcoin? Key crypto terms and what they mean
Wales
Bitcoin
Newport City Council
Newport
Cryptocurrency
$BNB $BTC
🚀 From Meme Queen to Crypto Dream? Haliey Welch Faces Backlash Amid Hawk Coin Launch 🔥Haliey Welch, better known as the viral sensation "Hawk Tuah Girl," is making waves for more than just her quirky onomatopoeia. The internet star’s foray into cryptocurrency has sparked both excitement and controversy after her newly launched digital coin, Hawk, saw its value plummet dramatically shortly after debuting. 🚀 A Soaring Start, Followed by a Sharp Fall Hawk launched on the Solana blockchain on Wednesday, reaching a staggering $490 million market cap shortly after its release. But within just 20 minutes, the token’s value nosedived by more than 95%, settling at around $60 million. Fans and investors initially rallied behind the coin, but many are now accusing Welch and her team of orchestrating a “pump and dump”—a scheme where creators hype up an asset’s value before cashing out at its peak. Welch has strongly denied these allegations, stating: > "Team hasn’t sold one token," she wrote in a post on X (formerly Twitter). She further emphasized that no free tokens were gifted to KOLs (Key Opinion Leaders), although some fans had received free Hawk coins ahead of the launch. 💥 Scam Allegations and Community Outcry A community note on Welch’s X post challenges her claims, asserting that her team began selling Hawk tokens immediately after launch. Prominent cryptocurrency investigator Coffeezilla added fuel to the fire, accusing Welch’s team of enabling “insider advantages” and profiting from a “rug pull”—a term describing a fraudulent crypto scheme where creators abandon a project after collecting investments. > "They’re not targeting crypto bros," he said in a viral video with over 1.4 million views. "They’re targeting actual fans who’ve never been in the crypto space before." 🔧 Welch Defends Hawk Coin Welch remains steadfast, claiming her team imposed higher transaction fees on one exchange to combat “sniping”—a tactic where traders exploit price gaps for profit. The team behind Hawk, OverHere, also dismissed allegations, stating: > "Haliey’s team has sold absolutely no tokens whatsoever." 📈 The Meme Coin Craze: Fun or Risky? Meme coins, known for their humor and affordability, have become a popular gateway for young investors. Yet, experts warn of the risks associated with these volatile assets. Carol Alexander, a finance professor at Sussex University, cautioned: > "While more young people are investing in meme coins, many of them are losing money." 🌟 Who is Haliey Welch? Hailing from Belfast, Tennessee, the 22-year-old shot to fame after imitating the sound of spitting—“hawk tuah”—during a candid interview in June. Dubbed a “Gen Z Dolly Parton” by Rolling Stone, Welch has since amassed millions of followers, launched a podcast (Talk Tuah), and built a merchandise empire. Welch described her decision to launch Hawk as a way to counter imposters selling fake coins in her name. > "It’s a great way to get all my fans and community to interact and come together," she told TMZ ahead of the launch. 🛠️ Hope Amid Controversy Despite the criticism, Welch’s supporters remain hopeful that Hawk can recover and deliver on its promise to unite fans. The crypto world is watching closely to see if Welch can transform this turbulent start into a success story. Stay tuned as the Hawk Tuah saga unfolds. 💬 What’s your take on the meme queen’s crypto adventure? Let us know in the comments! Related Reads: 📈 Bitcoin Surges Past $100k for the First Time 💡 What is Bitcoin? Key Crypto Terms Explained 🎨 Crypto Entrepreneur Eats $6.2M Banana Artwork #Crypto2025Trends #CryptoRegulation2025 #GMTBurnVote $BNB

🚀 From Meme Queen to Crypto Dream? Haliey Welch Faces Backlash Amid Hawk Coin Launch 🔥

Haliey Welch, better known as the viral sensation "Hawk Tuah Girl," is making waves for more than just her quirky onomatopoeia. The internet star’s foray into cryptocurrency has sparked both excitement and controversy after her newly launched digital coin, Hawk, saw its value plummet dramatically shortly after debuting.
🚀 A Soaring Start, Followed by a Sharp Fall
Hawk launched on the Solana blockchain on Wednesday, reaching a staggering $490 million market cap shortly after its release. But within just 20 minutes, the token’s value nosedived by more than 95%, settling at around $60 million.
Fans and investors initially rallied behind the coin, but many are now accusing Welch and her team of orchestrating a “pump and dump”—a scheme where creators hype up an asset’s value before cashing out at its peak.
Welch has strongly denied these allegations, stating:
> "Team hasn’t sold one token," she wrote in a post on X (formerly Twitter).
She further emphasized that no free tokens were gifted to KOLs (Key Opinion Leaders), although some fans had received free Hawk coins ahead of the launch.
💥 Scam Allegations and Community Outcry
A community note on Welch’s X post challenges her claims, asserting that her team began selling Hawk tokens immediately after launch.
Prominent cryptocurrency investigator Coffeezilla added fuel to the fire, accusing Welch’s team of enabling “insider advantages” and profiting from a “rug pull”—a term describing a fraudulent crypto scheme where creators abandon a project after collecting investments.
> "They’re not targeting crypto bros," he said in a viral video with over 1.4 million views. "They’re targeting actual fans who’ve never been in the crypto space before."
🔧 Welch Defends Hawk Coin
Welch remains steadfast, claiming her team imposed higher transaction fees on one exchange to combat “sniping”—a tactic where traders exploit price gaps for profit.
The team behind Hawk, OverHere, also dismissed allegations, stating:
> "Haliey’s team has sold absolutely no tokens whatsoever."
📈 The Meme Coin Craze: Fun or Risky?
Meme coins, known for their humor and affordability, have become a popular gateway for young investors. Yet, experts warn of the risks associated with these volatile assets.
Carol Alexander, a finance professor at Sussex University, cautioned:
> "While more young people are investing in meme coins, many of them are losing money."

🌟 Who is Haliey Welch?
Hailing from Belfast, Tennessee, the 22-year-old shot to fame after imitating the sound of spitting—“hawk tuah”—during a candid interview in June. Dubbed a “Gen Z Dolly Parton” by Rolling Stone, Welch has since amassed millions of followers, launched a podcast (Talk Tuah), and built a merchandise empire.
Welch described her decision to launch Hawk as a way to counter imposters selling fake coins in her name.
> "It’s a great way to get all my fans and community to interact and come together," she told TMZ ahead of the launch.
🛠️ Hope Amid Controversy
Despite the criticism, Welch’s supporters remain hopeful that Hawk can recover and deliver on its promise to unite fans. The crypto world is watching closely to see if Welch can transform this turbulent start into a success story.
Stay tuned as the Hawk Tuah saga unfolds.
💬 What’s your take on the meme queen’s crypto adventure? Let us know in the comments!
Related Reads:
📈 Bitcoin Surges Past $100k for the First Time
💡 What is Bitcoin? Key Crypto Terms Explained
🎨 Crypto Entrepreneur Eats $6.2M Banana Artwork
#Crypto2025Trends #CryptoRegulation2025 #GMTBurnVote
$BNB
A $6.2m banana, a crypto empire and Trump's potential conflictsNot long after buying and publicly consuming a $6.2m banana as part of an artworld stunt, Chinese crypto entrepreneur Justin Sun made another eye-catching purchase, investing $30m ($23.5m) into a cryptocurrency firm called World Liberty Financial. The company had foundered since its October launch, investors seemingly leery of its prospects and its terms. But it boasted a potentially enticing feature: the chance to do business with a firm partnering with and promoted by none other than Donald Trump. Mr Sun's investment tipped the company over the threshold that allowed the president-elect to begin profiting from the venture. Trump and his family are now in the position to collect roughly $20m - and potentially far more. Mr Sun, who is currently fighting fraud charges in the US related to his own crypto business, did not respond to questions about what prompted his interest in the tokens, which cannot be traded. But the episode set off alarm bells among government ethics experts, who see it as an indication that Trump's expanding business ventures have made it easier than ever for those hoping to influence US policy to steer money his way. "The conflicts have grown substantially with the scope of his business empire," said Richard Painter, who served as the White House's chief ethics lawyer during the George W Bush administration. A $6.2m banana, a crypto empire and Trump's potential conflicts 8 December 2024 Kayla Epstein and Natalie Sherman National digital reporter and business reporter Reporting fromNew York Share Save Not long after buying and publicly consuming a $6.2m banana as part of an artworld stunt, Chinese crypto entrepreneur Justin Sun made another eye-catching purchase, investing $30m ($23.5m) into a cryptocurrency firm called World Liberty Financial. The company had foundered since its October launch, investors seemingly leery of its prospects and its terms. But it boasted a potentially enticing feature: the chance to do business with a firm partnering with and promoted by none other than Donald Trump. Mr Sun's investment tipped the company over the threshold that allowed the president-elect to begin profiting from the venture. Trump and his family are now in the position to collect roughly $20m - and potentially far more. Mr Sun, who is currently fighting fraud charges in the US related to his own crypto business, did not respond to questions about what prompted his interest in the tokens, which cannot be traded. But the episode set off alarm bells among government ethics experts, who see it as an indication that Trump's expanding business ventures have made it easier than ever for those hoping to influence US policy to steer money his way. "The conflicts have grown substantially with the scope of his business empire," said Richard Painter, who served as the White House's chief ethics lawyer during the George W Bush administration. In a statement to the BBC, Trump's team shrugged off the worries. In his first term, "President Trump removed himself from his multi-billion-dollar real estate empire to run for office and forewent his government salary," Trump spokeswoman Karoline Leavitt said. "Unlike most politicians, President Trump didn't get into politics for profit – he's fighting because he loves the people of this country and wants to make America great again." But Trump has taken little action in response to concerns about the potential for corruption, or appearance of it, as he prepares for a return to the White House. New opportunities Trump has faced questions about conflicts of interest before. During his first term as president, the Trump International Hotel in Washington, DC became a symbol of the issue, as a go-to place for lobbyists, foreign diplomats, and allies to stay and spend. Critics argued that the hotel created a way for Trump to profit indirectly from his office. He faced accusations and lawsuits alleging he violated the US Constitution's ban on presidents receiving foreign emoluments – or profiting from their office. But experts said the growth of his business empire, which now includes a publicly traded social media company, a cryptocurrency firm, and ties to a Saudi-backed golf league, makes it possible for anyone hoping to curry favour to move money more quietly and in much greater sums. "The scale has increased and the ease has increased," said Michael Ohlrogge, a law professor at New York University, who has studied Trump Media, which operates Truth Social and currently represents the bulk of Trump's $6bn fortune. "You can only book so many hotel rooms." On Truth Social, for example, Prof Ohlrogge said a foreign government or business could purchase ads convincing investors the firm was gaining traction, prompting a pop in its share price. Though Trump Media commands a market value of more than $7bn, there has been little sign of such activity so far. The company reported less than $5m in ad sales this year. But given the stock market's "amplifying" effect, Prof Ohlrogge said it would not require a lot of spending to lead to potentially significant gains for Trump, who owns more than half the shares of the company. "His pro-crypto stance" Nowhere is the entanglement between Trump's business interests and his public duties as stark as in the crypto industry, where he has deepened his personal involvement, while simultaneously promising to champion it while in the White House. His plans include regulatory rollback and ideas such as a national Bitcoin reserve, in which the government would stockpile the cryptocurrency. "One of the most important issues to be determined over the next couple years is how crypto is regulated," said Virginia Canter, chief ethics counsel at the nonpartisan Citizens for Responsibility and Ethics in Washington. "Well now, he's an active player in the crypto market. How it could be regulated [could] affect his personal wealth, what kind of position he takes." Nik Bhatia, founder of Bitcoin Layer, a firm that advocates investments in Bitcoin, said it would be a mistake to dismiss Trump's stance on crypto as driven only by his own financial interests. "I don't see these moves motivated by self-interest - I see them representing the electorate," he said. But still, he said: "I think there probably is a conflict of interest in that his pro-crypto stance will benefit his company. This week, Trump said he would nominate Paul Atkins, who has lobbied for the industry, to lead the Securities and Exchange Commission (SEC). He is widely expected to dial back enforcement at the agency, which polices publicly traded firms such as Trump Media for issues such as fraud and insider trading. The SEC oversaw a crackdown on the crypto industry under President Joe Biden. Mr Sun, the World Liberty Financial investor, was caught up in the SEC crackdown last year, after the agency charged him and his company with failing to properly register with the government while selling certain digital assets, among other charges. Under new leadership, the agency could very well drop the case, said John Coffee, a professor at Columbia Law School and an expert in securities law. "The leading characteristic of Mr Atkins is that he does not like enforcement and wants to greatly restrict the range of cases the SEC will bring," he said. In announcing his investment last month, Mr Sun did not mention the SEC complaint - which he has said lacks merit - but did cite Trump's views on crypto. "The U.S. is becoming the blockchain hub, and Bitcoin owes it to @realDonaldTrump!" he wrote on X. "TRON is committed to making America great again and leading innovation. Let's go!" Fewer guardrails There is little in US law that sets limits on conflict-of-interest - presidents are not bound by the same rules that regulate other government employees and cabinet officials. Though the US Constitution in theory bars presidents from taking presents from foreign governments while in office, the Supreme Court already has dismissed two previous lawsuits from Trump's first term involving potential conflicts of interests. Last summer, in a case involving Trump, it also ruled that presidents have broad immunity from criminal prosecution while in office. In the past, Trump has argued that his business was actually hurt by his time in the White House, as partners worried about controversy cut ties, and he faced investigations and lawsuits. Now preparing to enter the White House a second time, Trump has yet to unveil an ethics plan, as is customary, and has given little sign he plans to bow to such concerns. He has vowed to hold onto his Trump Media stake, continues to hawk Trump-branded merchandise and lend his name to ventures like World Liberty Financial. His Mar-a-Lago club remains a place where the wealthy willing to pay for membership can gain access to the president with little to no transparency. Ethics experts worry that Trump has opened a door that will be difficult to close again. "Trump's got the message he can do whatever he wants, because he won," Mr Painter said. "Future presidents are going to look at this and think, 'We can do whatever we want.'" Trump courts crypto industry votes and campaign donations Bitcoin surges past $100k for first time What we know about Musk's cost-cutting mission Donald Trump calls Bitcoin 'a scam' Donald Trump US politics Cryptocurrency #Write2Earn #banana $BNB $BTC

A $6.2m banana, a crypto empire and Trump's potential conflicts

Not long after buying and publicly consuming a $6.2m banana as part of an artworld stunt, Chinese crypto entrepreneur Justin Sun made another eye-catching purchase, investing $30m ($23.5m) into a cryptocurrency firm called World Liberty Financial.
The company had foundered since its October launch, investors seemingly leery of its prospects and its terms.
But it boasted a potentially enticing feature: the chance to do business with a firm partnering with and promoted by none other than Donald Trump.
Mr Sun's investment tipped the company over the threshold that allowed the president-elect to begin profiting from the venture. Trump and his family are now in the position to collect roughly $20m - and potentially far more.
Mr Sun, who is currently fighting fraud charges in the US related to his own crypto business, did not respond to questions about what prompted his interest in the tokens, which cannot be traded.
But the episode set off alarm bells among government ethics experts, who see it as an indication that Trump's expanding business ventures have made it easier than ever for those hoping to influence US policy to steer money his way.
"The conflicts have grown substantially with the scope of his business empire," said Richard Painter, who served as the White House's chief ethics lawyer during the George W Bush administration.

A $6.2m banana, a crypto empire and Trump's potential conflicts
8 December 2024
Kayla Epstein and Natalie Sherman
National digital reporter and business reporter
Reporting fromNew York
Share
Save

Not long after buying and publicly consuming a $6.2m banana as part of an artworld stunt, Chinese crypto entrepreneur Justin Sun made another eye-catching purchase, investing $30m ($23.5m) into a cryptocurrency firm called World Liberty Financial.
The company had foundered since its October launch, investors seemingly leery of its prospects and its terms.
But it boasted a potentially enticing feature: the chance to do business with a firm partnering with and promoted by none other than Donald Trump.
Mr Sun's investment tipped the company over the threshold that allowed the president-elect to begin profiting from the venture. Trump and his family are now in the position to collect roughly $20m - and potentially far more.
Mr Sun, who is currently fighting fraud charges in the US related to his own crypto business, did not respond to questions about what prompted his interest in the tokens, which cannot be traded.
But the episode set off alarm bells among government ethics experts, who see it as an indication that Trump's expanding business ventures have made it easier than ever for those hoping to influence US policy to steer money his way.
"The conflicts have grown substantially with the scope of his business empire," said Richard Painter, who served as the White House's chief ethics lawyer during the George W Bush administration.

In a statement to the BBC, Trump's team shrugged off the worries.
In his first term, "President Trump removed himself from his multi-billion-dollar real estate empire to run for office and forewent his government salary," Trump spokeswoman Karoline Leavitt said.
"Unlike most politicians, President Trump didn't get into politics for profit – he's fighting because he loves the people of this country and wants to make America great again."
But Trump has taken little action in response to concerns about the potential for corruption, or appearance of it, as he prepares for a return to the White House.
New opportunities
Trump has faced questions about conflicts of interest before.
During his first term as president, the Trump International Hotel in Washington, DC became a symbol of the issue, as a go-to place for lobbyists, foreign diplomats, and allies to stay and spend.
Critics argued that the hotel created a way for Trump to profit indirectly from his office. He faced accusations and lawsuits alleging he violated the US Constitution's ban on presidents receiving foreign emoluments – or profiting from their office.
But experts said the growth of his business empire, which now includes a publicly traded social media company, a cryptocurrency firm, and ties to a Saudi-backed golf league, makes it possible for anyone hoping to curry favour to move money more quietly and in much greater sums.
"The scale has increased and the ease has increased," said Michael Ohlrogge, a law professor at New York University, who has studied Trump Media, which operates Truth Social and currently represents the bulk of Trump's $6bn fortune. "You can only book so many hotel rooms."
On Truth Social, for example, Prof Ohlrogge said a foreign government or business could purchase ads convincing investors the firm was gaining traction, prompting a pop in its share price.
Though Trump Media commands a market value of more than $7bn, there has been little sign of such activity so far. The company reported less than $5m in ad sales this year.
But given the stock market's "amplifying" effect, Prof Ohlrogge said it would not require a lot of spending to lead to potentially significant gains for Trump, who owns more than half the shares of the company.
"His pro-crypto stance"
Nowhere is the entanglement between Trump's business interests and his public duties as stark as in the crypto industry, where he has deepened his personal involvement, while simultaneously promising to champion it while in the White House.
His plans include regulatory rollback and ideas such as a national Bitcoin reserve, in which the government would stockpile the cryptocurrency.
"One of the most important issues to be determined over the next couple years is how crypto is regulated," said Virginia Canter, chief ethics counsel at the nonpartisan Citizens for Responsibility and Ethics in Washington. "Well now, he's an active player in the crypto market. How it could be regulated [could] affect his personal wealth, what kind of position he takes."
Nik Bhatia, founder of Bitcoin Layer, a firm that advocates investments in Bitcoin, said it would be a mistake to dismiss Trump's stance on crypto as driven only by his own financial interests.
"I don't see these moves motivated by self-interest - I see them representing the electorate," he said.
But still, he said: "I think there probably is a conflict of interest in that his pro-crypto stance will benefit his company.
This week, Trump said he would nominate Paul Atkins, who has lobbied for the industry, to lead the Securities and Exchange Commission (SEC).
He is widely expected to dial back enforcement at the agency, which polices publicly traded firms such as Trump Media for issues such as fraud and insider trading. The SEC oversaw a crackdown on the crypto industry under President Joe Biden.
Mr Sun, the World Liberty Financial investor, was caught up in the SEC crackdown last year, after the agency charged him and his company with failing to properly register with the government while selling certain digital assets, among other charges.
Under new leadership, the agency could very well drop the case, said John Coffee, a professor at Columbia Law School and an expert in securities law.
"The leading characteristic of Mr Atkins is that he does not like enforcement and wants to greatly restrict the range of cases the SEC will bring," he said.
In announcing his investment last month, Mr Sun did not mention the SEC complaint - which he has said lacks merit - but did cite Trump's views on crypto.
"The U.S. is becoming the blockchain hub, and Bitcoin owes it to @realDonaldTrump!" he wrote on X. "TRON is committed to making America great again and leading innovation. Let's go!"
Fewer guardrails
There is little in US law that sets limits on conflict-of-interest - presidents are not bound by the same rules that regulate other government employees and cabinet officials.
Though the US Constitution in theory bars presidents from taking presents from foreign governments while in office, the Supreme Court already has dismissed two previous lawsuits from Trump's first term involving potential conflicts of interests.
Last summer, in a case involving Trump, it also ruled that presidents have broad immunity from criminal prosecution while in office.
In the past, Trump has argued that his business was actually hurt by his time in the White House, as partners worried about controversy cut ties, and he faced investigations and lawsuits.
Now preparing to enter the White House a second time, Trump has yet to unveil an ethics plan, as is customary, and has given little sign he plans to bow to such concerns.
He has vowed to hold onto his Trump Media stake, continues to hawk Trump-branded merchandise and lend his name to ventures like World Liberty Financial. His Mar-a-Lago club remains a place where the wealthy willing to pay for membership can gain access to the president with little to no transparency.
Ethics experts worry that Trump has opened a door that will be difficult to close again.
"Trump's got the message he can do whatever he wants, because he won," Mr Painter said. "Future presidents are going to look at this and think, 'We can do whatever we want.'"
Trump courts crypto industry votes and campaign donations
Bitcoin surges past $100k for first time
What we know about Musk's cost-cutting mission
Donald Trump calls Bitcoin 'a scam'
Donald Trump
US politics
Cryptocurrency
#Write2Earn #banana
$BNB $BTC
Bitcoin hits new record high of more than $106,000Bitcoin has surged to a new record high, extending a rally that has seen the cryptocurrency's price rise by more than 50% since Donald Trump's victory in the 5 November election. The world's largest cryptocurrency briefly passed $106,000 (£83,890), before falling back to around $105,000 in Asia trade on Monday. The incoming Trump administration is seen as being far more friendly towards cryptocurrencies than the Biden White House. On Thursday, the US president-elect reiterated that he is considering creating a national stockpile of the digital currency, similar to the country's strategic oil reserve. Bitcoin hits new record high of more than $106,000 16 December 2024 João da Silva Business reporter Share Save Bitcoin has surged to a new record high, extending a rally that has seen the cryptocurrency's price rise by more than 50% since Donald Trump's victory in the 5 November election. The world's largest cryptocurrency briefly passed $106,000 (£83,890), before falling back to around $105,000 in Asia trade on Monday. The incoming Trump administration is seen as being far more friendly towards cryptocurrencies than the Biden White House. On Thursday, the US president-elect reiterated that he is considering creating a national stockpile of the digital currency, similar to the country's strategic oil reserve. Advertisement "The Bitcoin rally since the election has been parabolic and the FOMO - or fear of missing out - rally is gathering momentum," Peter McGuire from trading platform XM.com told the BBC. "Many investors believe $120,000 is achievable by the end of the year and then in 2025 there's talk of greater than $150,000 by mid-year". Earlier this month, Trump named Silicon Valley entrepreneur David Sacks as his artificial intelligence (AI) and cryptocurrency tsar. Mr Sacks is a former PayPal executive and a close friend of Trump adviser and mega-donor Elon Musk. Trump rings bell on record stock market - but will it last? A $6.2m banana, a crypto empire and Trump's potential conflicts Trump has also said he would nominate pro-cryptocurrency Washington attorney Paul Atkins as the new head of the Wall Street regulator, the Securities and Exchange Commission (SEC). Last month, the SEC's current head, Gary Gensler, said he would resign from the role on the day of Trump's inauguration, on 20 January next year. "I thank President Biden for entrusting me with this incredible responsibility. The SEC has met our mission and enforced the law without fear or favour," Mr Gensler wrote on the social media platform X. Trump had previously revealed plans to sack Mr Gensler on "day one" of his new administration after the SEC chairman took legal action against cryptocurrency firms, sparking controversy in some quarters. #International Business #Bitcoin #DonaldTrump #cryptocurrency $BTC $ETH

Bitcoin hits new record high of more than $106,000

Bitcoin has surged to a new record high, extending a rally that has seen the cryptocurrency's price rise by more than 50% since Donald Trump's victory in the 5 November election.
The world's largest cryptocurrency briefly passed $106,000 (£83,890), before falling back to around $105,000 in Asia trade on Monday.
The incoming Trump administration is seen as being far more friendly towards cryptocurrencies than the Biden White House.
On Thursday, the US president-elect reiterated that he is considering creating a national stockpile of the digital currency, similar to the country's strategic oil reserve.

Bitcoin hits new record high of more than $106,000
16 December 2024
João da Silva
Business reporter
Share
Save

Bitcoin has surged to a new record high, extending a rally that has seen the cryptocurrency's price rise by more than 50% since Donald Trump's victory in the 5 November election.
The world's largest cryptocurrency briefly passed $106,000 (£83,890), before falling back to around $105,000 in Asia trade on Monday.
The incoming Trump administration is seen as being far more friendly towards cryptocurrencies than the Biden White House.
On Thursday, the US president-elect reiterated that he is considering creating a national stockpile of the digital currency, similar to the country's strategic oil reserve.
Advertisement
"The Bitcoin rally since the election has been parabolic and the FOMO - or fear of missing out - rally is gathering momentum," Peter McGuire from trading platform XM.com told the BBC.
"Many investors believe $120,000 is achievable by the end of the year and then in 2025 there's talk of greater than $150,000 by mid-year".
Earlier this month, Trump named Silicon Valley entrepreneur David Sacks as his artificial intelligence (AI) and cryptocurrency tsar.
Mr Sacks is a former PayPal executive and a close friend of Trump adviser and mega-donor Elon Musk.
Trump rings bell on record stock market - but will it last?
A $6.2m banana, a crypto empire and Trump's potential conflicts
Trump has also said he would nominate pro-cryptocurrency Washington attorney Paul Atkins as the new head of the Wall Street regulator, the Securities and Exchange Commission (SEC).
Last month, the SEC's current head, Gary Gensler, said he would resign from the role on the day of Trump's inauguration, on 20 January next year.
"I thank President Biden for entrusting me with this incredible responsibility. The SEC has met our mission and enforced the law without fear or favour," Mr Gensler wrote on the social media platform X.
Trump had previously revealed plans to sack Mr Gensler on "day one" of his new administration after the SEC chairman took legal action against cryptocurrency firms, sparking controversy in some quarters.
#International Business #Bitcoin #DonaldTrump
#cryptocurrency
$BTC $ETH
N Korea hackers stole $1.3bn of crypto this year - reportA total of $2.2bn (£1.76bn) in cryptocurrencies has been stolen this year, with North Korean hackers accounting for more than half that figure, according to a new study. Research firm Chainalysis says hackers affiliated with the reclusive state stole $1.3bn of digital currencies - more than double last year's haul. Some of the thefts appear to be linked to North Korean hackers posing as remote IT workers to infiltrate crypto and other technology firms, the report says. It comes as the price of bitcoin has more than doubled this year as incoming US president Donald Trump is expected to be more crypto-friendly than his predecessor, Joe Biden. Overall, the amount of cryptocurrency stolen by hackers in 2024 increased by 21% from last year but it was still below the levels recorded in 2021 and 2022, the report said. "The rise in stolen crypto in 2024 underscores the need for the industry to address an increasingly complex and evolving threat landscape." It said the majority of crypto stolen this year was due to compromised private keys - which are used to control access to users' assets on crypto platforms. "Given that centralised exchanges manage substantial amounts of user funds, the impact of a private key compromise can be devastating", the study added. Some of the most significant incidents this year included the theft of the equivalent of $300m in bitcoin from Japanese cryptocurrency exchange, DMM Bitcoin, and the loss of nearly $235m from WazirX, an India-based crypto exchange. The US government has said the North Korean regime resorts to cryptocurrency theft and other forms of cybercrime to circumvent international sanctions and raise money. Last week, a federal court in St Louis indicted 14 North Koreans for allegedly being part of a long-running conspiracy aimed at extorting funds from US companies and funnelling money to Pyongyang's weapons programmes. The US State Department also announced that it would offer a reward of up to $5m for anyone who could provide more information about the alleged scheme. Computer hacking International Business Cryptocurrency #Write2Earn $BNB $BTC

N Korea hackers stole $1.3bn of crypto this year - report

A total of $2.2bn (£1.76bn) in cryptocurrencies has been stolen this year, with North Korean hackers accounting for more than half that figure, according to a new study.
Research firm Chainalysis says hackers affiliated with the reclusive state stole $1.3bn of digital currencies - more than double last year's haul.
Some of the thefts appear to be linked to North Korean hackers posing as remote IT workers to infiltrate crypto and other technology firms, the report says.
It comes as the price of bitcoin has more than doubled this year as incoming US president Donald Trump is expected to be more crypto-friendly than his predecessor, Joe Biden.
Overall, the amount of cryptocurrency stolen by hackers in 2024 increased by 21% from last year but it was still below the levels recorded in 2021 and 2022, the report said.
"The rise in stolen crypto in 2024 underscores the need for the industry to address an increasingly complex and evolving threat landscape."
It said the majority of crypto stolen this year was due to compromised private keys - which are used to control access to users' assets on crypto platforms.
"Given that centralised exchanges manage substantial amounts of user funds, the impact of a private key compromise can be devastating", the study added.
Some of the most significant incidents this year included the theft of the equivalent of $300m in bitcoin from Japanese cryptocurrency exchange, DMM Bitcoin, and the loss of nearly $235m from WazirX, an India-based crypto exchange.
The US government has said the North Korean regime resorts to cryptocurrency theft and other forms of cybercrime to circumvent international sanctions and raise money.
Last week, a federal court in St Louis indicted 14 North Koreans for allegedly being part of a long-running conspiracy aimed at extorting funds from US companies and funnelling money to Pyongyang's weapons programmes.
The US State Department also announced that it would offer a reward of up to $5m for anyone who could provide more information about the alleged scheme.
Computer hacking
International Business
Cryptocurrency
#Write2Earn
$BNB $BTC
These crypto projects could get the most venture capital funding in 2025: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Robert Le of PitchBook discusses which crypto projects are likely to get the most attention from venture capital firms in 2025. $BNB {spot}(BNBUSDT) $BTC

These crypto projects could get the most venture capital funding in 2025: CNBC Crypto World

CNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what’s ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today’s show, Robert Le of PitchBook discusses which crypto projects are likely to get the most attention from venture capital firms in 2025.
$BNB
$BTC
The Rise of Binance: Revolutionizing the Crypto WorldIntroduction: In the dynamic world of cryptocurrency, Binance has emerged as a game-changer. With a user-friendly platform, extensive trading options, and cutting-edge security, Binance stands tall as the go-to exchange for millions worldwide. But what makes Binance so special? Let’s dive deep into its journey and explore why it dominates the crypto sphere. 1. A Brief History of Binance Founded in 2017 by Changpeng Zhao (CZ), Binance quickly became the largest cryptocurrency exchange in terms of trading volume. The platform was designed with a clear vision: to simplify crypto trading and make it accessible to everyone. 🔑 Key Milestones: 2017: Binance launches with its native token, BNB. 2018: Becomes the world’s largest crypto exchange. 2020: Launches Binance Smart Chain, enabling decentralized finance (DeFi). 2. Why Binance is the Market Leader a. Wide Range of Cryptocurrencies Binance offers over 350 cryptocurrencies, catering to diverse trading interests. From Bitcoin (BTC) to the latest altcoins, there’s something for every investor. b. Low Fees Competitive transaction fees make Binance appealing to both beginners and seasoned traders. c. Advanced Features Spot Trading: Instant buying and selling of cryptocurrencies. Futures & Margin Trading: Tools for advanced investors to maximize gains. Staking & Earning: Passive income opportunities for users holding certain tokens. 💡 Pro Tip: Use Binance's Earn feature to grow your crypto while you sleep! 3. The Role of BNB (Binance Coin) Binance Coin (BNB) is the heart of the Binance ecosystem. Initially created as a utility token for discounted trading fees, BNB now powers Binance Smart Chain, enabling fast and low-cost transactions. 📈 Fun Fact: BNB has consistently ranked among the top cryptocurrencies by market cap. 4. Security First Binance takes user security seriously. With features like two-factor authentication (2FA), withdrawal whitelist, and cold wallet storage, your assets are in safe hands. 🔒 Security Highlights: Regular audits and updates. SAFU (Secure Asset Fund for Users): A fund dedicated to protecting users' investments. 5. Binance and Decentralization The launch of Binance Smart Chain (BSC) brought decentralization to the forefront. It enables developers to build decentralized applications (dApps) and engage in DeFi projects, all while benefiting from Binance’s robust infrastructure. 🌍 Popular dApps on BSC: PancakeSwap, Venus, and more! 6. Future of Binance As Binance continues to innovate, the future looks promising. With plans to expand in Web3, NFTs, and blockchain education, Binance aims to remain the leader in the ever-evolving crypto space. 🚀 What’s Next? Integration with AI-driven trading tools. Expanding the Binance Academy for global blockchain literacy. Conclusion: Binance isn’t just a cryptocurrency exchange; it’s a movement driving blockchain adoption worldwide. Whether you’re a beginner exploring crypto or an expert looking for advanced trading tools, Binance has it all. 💬 Join the Conversation: What’s your favorite feature on Binance? Share your thoughts below! $BNB $BTC

The Rise of Binance: Revolutionizing the Crypto World

Introduction: In the dynamic world of cryptocurrency, Binance has emerged as a game-changer. With a user-friendly platform, extensive trading options, and cutting-edge security, Binance stands tall as the go-to exchange for millions worldwide. But what makes Binance so special? Let’s dive deep into its journey and explore why it dominates the crypto sphere.
1. A Brief History of Binance
Founded in 2017 by Changpeng Zhao (CZ), Binance quickly became the largest cryptocurrency exchange in terms of trading volume. The platform was designed with a clear vision: to simplify crypto trading and make it accessible to everyone.
🔑 Key Milestones:
2017: Binance launches with its native token, BNB.
2018: Becomes the world’s largest crypto exchange.
2020: Launches Binance Smart Chain, enabling decentralized finance (DeFi).
2. Why Binance is the Market Leader
a. Wide Range of Cryptocurrencies
Binance offers over 350 cryptocurrencies, catering to diverse trading interests. From Bitcoin (BTC) to the latest altcoins, there’s something for every investor.
b. Low Fees
Competitive transaction fees make Binance appealing to both beginners and seasoned traders.
c. Advanced Features
Spot Trading: Instant buying and selling of cryptocurrencies.
Futures & Margin Trading: Tools for advanced investors to maximize gains.
Staking & Earning: Passive income opportunities for users holding certain tokens.
💡 Pro Tip: Use Binance's Earn feature to grow your crypto while you sleep!
3. The Role of BNB (Binance Coin)
Binance Coin (BNB) is the heart of the Binance ecosystem. Initially created as a utility token for discounted trading fees, BNB now powers Binance Smart Chain, enabling fast and low-cost transactions.
📈 Fun Fact: BNB has consistently ranked among the top cryptocurrencies by market cap.
4. Security First
Binance takes user security seriously. With features like two-factor authentication (2FA), withdrawal whitelist, and cold wallet storage, your assets are in safe hands.
🔒 Security Highlights:
Regular audits and updates.
SAFU (Secure Asset Fund for Users): A fund dedicated to protecting users' investments.
5. Binance and Decentralization
The launch of Binance Smart Chain (BSC) brought decentralization to the forefront. It enables developers to build decentralized applications (dApps) and engage in DeFi projects, all while benefiting from Binance’s robust infrastructure.
🌍 Popular dApps on BSC: PancakeSwap, Venus, and more!
6. Future of Binance
As Binance continues to innovate, the future looks promising. With plans to expand in Web3, NFTs, and blockchain education, Binance aims to remain the leader in the ever-evolving crypto space.
🚀 What’s Next?
Integration with AI-driven trading tools.
Expanding the Binance Academy for global blockchain literacy.
Conclusion:
Binance isn’t just a cryptocurrency exchange; it’s a movement driving blockchain adoption worldwide. Whether you’re a beginner exploring crypto or an expert looking for advanced trading tools, Binance has it all.

💬 Join the Conversation: What’s your favorite feature on Binance? Share your thoughts below!
$BNB $BTC
Full Market Bull Run: Crypto’s Exciting SurgeThee term "bull run" in financial markets refers to a period of sustained price increases and widespread optimism. In the cryptocurrency world, a bull run is particularly electrifying, as prices can skyrocket within weeks or even days. It’s during these times that the market sees an influx of new investors, FOMO (fear of missing out) becomes rampant, and digital assets hit record highs. With signs pointing to the start of another full market bull run in crypto, enthusiasts are gearing up for a thrilling ride. What Sparks a Crypto Bull Run? Several factors can trigger a crypto bull run. Historically, Bitcoin, the flagship cryptocurrency, has been the driving force behind market-wide surges. Events such as Bitcoin halvings, which reduce the supply of new coins entering circulation, often act as catalysts. For instance, past bull runs followed Bitcoin halvings in 2013, 2017, and 2021, each time resulting in massive gains across the market. Additionally, positive macroeconomic factors, such as lower interest rates, growing adoption of blockchain technology, and institutional investment, contribute significantly to bullish momentum. Governments and corporations embracing cryptocurrency further bolster confidence, attracting both retail and institutional investors. Key Characteristics of a Bull Run During a bull run, the crypto market sees rapid growth in prices, with Bitcoin often leading the charge. Altcoins (alternative cryptocurrencies) usually follow, with many smaller projects experiencing exponential gains. Trading volumes spike as more people enter the market, while mainstream media coverage increases awareness. Another hallmark of a bull run is the rise of new narratives. For example, the DeFi (Decentralized Finance) boom in 2020 and the NFT (Non-Fungible Token) craze in 2021 fueled investor enthusiasm, pushing the markets to new heights. Opportunities and Risks A bull run presents opportunities for both seasoned traders and newcomers. Investors who entered the market during a bear phase often see substantial returns. However, bull runs are not without risks. Over-leveraging, emotional decision-making, and scams targeting naive investors can lead to significant losses. As prices soar, it’s essential to remain cautious, conduct thorough research, and avoid falling for hype. What Lies Ahead? As 2024 unfolds, signs of a bull run are becoming evident. Bitcoin’s price is nearing critical resistance levels, institutional players like BlackRock are filing for Bitcoin ETFs, and adoption is increasing globally. Analysts predict that the next bull run could be even more monumental, given the growing understanding and acceptance of blockchain technology. For investors, staying informed, diversifying portfolios, and maintaining a long-term perspective are key strategies to make the most of this exciting phase. As the crypto bull run gains momentum, the market is set to enter a period of unparalleled growth, innov ation, and opportunity. $BTC

Full Market Bull Run: Crypto’s Exciting Surge

Thee term "bull run" in financial markets refers to a period of sustained price increases and widespread optimism. In the cryptocurrency world, a bull run is particularly electrifying, as prices can skyrocket within weeks or even days. It’s during these times that the market sees an influx of new investors, FOMO (fear of missing out) becomes rampant, and digital assets hit record highs. With signs pointing to the start of another full market bull run in crypto, enthusiasts are gearing up for a thrilling ride.
What Sparks a Crypto Bull Run?
Several factors can trigger a crypto bull run. Historically, Bitcoin, the flagship cryptocurrency, has been the driving force behind market-wide surges. Events such as Bitcoin halvings, which reduce the supply of new coins entering circulation, often act as catalysts. For instance, past bull runs followed Bitcoin halvings in 2013, 2017, and 2021, each time resulting in massive gains across the market.
Additionally, positive macroeconomic factors, such as lower interest rates, growing adoption of blockchain technology, and institutional investment, contribute significantly to bullish momentum. Governments and corporations embracing cryptocurrency further bolster confidence, attracting both retail and institutional investors.
Key Characteristics of a Bull Run
During a bull run, the crypto market sees rapid growth in prices, with Bitcoin often leading the charge. Altcoins (alternative cryptocurrencies) usually follow, with many smaller projects experiencing exponential gains. Trading volumes spike as more people enter the market, while mainstream media coverage increases awareness.
Another hallmark of a bull run is the rise of new narratives. For example, the DeFi (Decentralized Finance) boom in 2020 and the NFT (Non-Fungible Token) craze in 2021 fueled investor enthusiasm, pushing the markets to new heights.
Opportunities and Risks
A bull run presents opportunities for both seasoned traders and newcomers. Investors who entered the market during a bear phase often see substantial returns. However, bull runs are not without risks. Over-leveraging, emotional decision-making, and scams targeting naive investors can lead to significant losses. As prices soar, it’s essential to remain cautious, conduct thorough research, and avoid falling for hype.
What Lies Ahead?
As 2024 unfolds, signs of a bull run are becoming evident. Bitcoin’s price is nearing critical resistance levels, institutional players like BlackRock are filing for Bitcoin ETFs, and adoption is increasing globally. Analysts predict that the next bull run could be even more monumental, given the growing understanding and acceptance of blockchain technology.
For investors, staying informed, diversifying portfolios, and maintaining a long-term perspective are key strategies to make the most of this exciting phase. As the crypto bull run gains momentum, the market is set to enter a period of unparalleled growth, innov
ation, and opportunity.
$BTC
Fed Chair Jerome Powell: “The Federal Reserve is Not Allowed to Own Bitcoin”In a statement that reaffirms the Federal Reserve’s position on cryptocurrencies, Chair Jerome Powell clarified that the Fed is “not allowed to own Bitcoin”. Speaking during a recent discussion on monetary policy and digital currencies, Powell highlighted the limitations placed on the central bank regarding its ability to interact with decentralized assets like Bitcoin. “The Federal Reserve operates under a strict regulatory framework,” Powell stated. “We are authorized to deal with government-issued currencies and related instruments, but we are not permitted to hold or trade cryptocurrencies such as Bitcoin.” The clarification comes at a time when cryptocurrencies, particularly Bitcoin, continue to grow in popularity as alternative assets. Despite the increasing institutional adoption of digital assets, Powell’s remarks underline the Federal Reserve’s cautious stance toward decentralized financial instruments. Powell also touched on the Fed’s ongoing exploration of a Central Bank Digital Currency (CBDC), emphasizing that this effort is entirely separate from existing cryptocurrencies. “A CBDC, if developed, would be a government-issued digital dollar, fully regulated and under central control. Bitcoin and other cryptocurrencies, on the other hand, operate on decentralized networks and are beyond the scope of central bank authority,” he added. The statement serves as a reminder of the Federal Reserve’s primary focus: maintaining monetary stability and supporting the U.S. economy through traditional policy tools. Cryptocurrencies, while innovative, do not align with the Fed’s mandate and remain outside its operational purview. As the cryptocurrency market continues to evolve, Powell’s comments highlight the ongoing divide between decentralized digital assets and the traditional financial system. While Bitcoin advocates push for broader acceptance, regulatory bodies like the Fed remain cautious, prioritizing control and stability over experimentation with unregulated assets. Stay tuned for further updates as policymakers and financial leaders navigate the ever-changing dynamics of the cryptocurrency landscape. $BTC

Fed Chair Jerome Powell: “The Federal Reserve is Not Allowed to Own Bitcoin”

In a statement that reaffirms the Federal Reserve’s position on cryptocurrencies, Chair Jerome Powell clarified that the Fed is “not allowed to own Bitcoin”. Speaking during a recent discussion on monetary policy and digital currencies, Powell highlighted the limitations placed on the central bank regarding its ability to interact with decentralized assets like Bitcoin.
“The Federal Reserve operates under a strict regulatory framework,” Powell stated. “We are authorized to deal with government-issued currencies and related instruments, but we are not permitted to hold or trade cryptocurrencies such as Bitcoin.”
The clarification comes at a time when cryptocurrencies, particularly Bitcoin, continue to grow in popularity as alternative assets. Despite the increasing institutional adoption of digital assets, Powell’s remarks underline the Federal Reserve’s cautious stance toward decentralized financial instruments.
Powell also touched on the Fed’s ongoing exploration of a Central Bank Digital Currency (CBDC), emphasizing that this effort is entirely separate from existing cryptocurrencies. “A CBDC, if developed, would be a government-issued digital dollar, fully regulated and under central control. Bitcoin and other cryptocurrencies, on the other hand, operate on decentralized networks and are beyond the scope of central bank authority,” he added.
The statement serves as a reminder of the Federal Reserve’s primary focus: maintaining monetary stability and supporting the U.S. economy through traditional policy tools. Cryptocurrencies, while innovative, do not align with the Fed’s mandate and remain outside its operational purview.
As the cryptocurrency market continues to evolve, Powell’s comments highlight the ongoing divide between decentralized digital assets and the traditional financial system. While Bitcoin advocates push for broader acceptance, regulatory bodies like the Fed remain cautious, prioritizing control and stability over experimentation with unregulated assets.
Stay tuned for further updates as policymakers and financial leaders navigate the ever-changing dynamics of the cryptocurrency landscape.
$BTC
--
Bearish
Bitcoin (BTC) Drops Below 101,000 USDT, Witnesses a 2.56% Decrease in 24 Hours As of December 19, 2024, at 04:41 AM (UTC), Bitcoin (BTC) has experienced a significant drop in value, falling below the 101,000 USDT mark. According to Binance market data, the cryptocurrency is currently trading at 100,950.5 USDT, marking a 24-hour decline of 2.56%. The drop has narrowed BTC’s price trajectory, raising concerns and sparking discussions among traders and investors. This movement follows a recent wave of volatility in the cryptocurrency market, often characterized by rapid price changes driven by global macroeconomic factors, regulatory news, and market sentiment. While Bitcoin remains the leading cryptocurrency, its price fluctuations emphasize the market's inherent risks and the need for cautious trading. Experts suggest that traders should closely monitor market trends and consider diversifying portfolios to mitigate risks. Stay tuned for more updates as the crypto market continues to evolve. Stick to reliable market data and analysis to make informed trading decisions. $BTC
Bitcoin (BTC) Drops Below 101,000 USDT, Witnesses a 2.56% Decrease in 24 Hours

As of December 19, 2024, at 04:41 AM (UTC), Bitcoin (BTC) has experienced a significant drop in value, falling below the 101,000 USDT mark. According to Binance market data, the cryptocurrency is currently trading at 100,950.5 USDT, marking a 24-hour decline of 2.56%.

The drop has narrowed BTC’s price trajectory, raising concerns and sparking discussions among traders and investors. This movement follows a recent wave of volatility in the cryptocurrency market, often characterized by rapid price changes driven by global macroeconomic factors, regulatory news, and market sentiment.

While Bitcoin remains the leading cryptocurrency, its price fluctuations emphasize the market's inherent risks and the need for cautious trading. Experts suggest that traders should closely monitor market trends and consider diversifying portfolios to mitigate risks.

Stay tuned for more updates as the crypto market continues to evolve. Stick to reliable market data and analysis to make informed trading decisions.

$BTC
Binance Square Christmas Campaign: Complete Tasks and Win Big!Introduction This holiday season, Binance Square is introducing an exciting Christmas campaign through the Task Center on the Binance App. Users can participate in daily activities to earn rewards from a 5,000 USDC prize pool and gain Binance Points. Here's everything you need to know to get started! Activity Period Start Date: 2024-12-19 06:00 (UTC) End Date: 2024-12-25 06:00 (UTC) How to Participate Users can join the campaign by accessing the Task Center via the Creator Center on the Binance App. Complete simple daily tasks to earn rewards. Daily Tasks 1. Daily Check-In: Log in to Binance Square daily. 2. Create a Post: Publish a post with a minimum of 100 characters using: The limited-time hashtag (e.g., $BTC) OR The selected trading pair of the day. For new Binance Square users who have never posted before the Activity Period, the first post will count as two Participation Tickets. Important Notes The hashtag and trading pair of the day will be updated daily at 06:00 (UTC). To earn a Participation Ticket, both tasks (check-in and posting) must be completed within the same 24-hour period. Rewards Structure 1. 5,000 USDC Reward Pool: Reward per participant = (Your Participation Tickets / Total Tickets) × Reward Pool Individual rewards are capped at 5 USDC per participant. 2. Binance Points: Daily Check-In: 1 Binance Point (3 points on the 7th consecutive day). Create a Post: 5 Binance Points per day. How to Redeem Rewards Token vouchers and Binance Points will be credited to eligible users upon task completion. Redeem rewards via Profile > Rewards Hub on the Binance App. Token vouchers will be distributed within 21 working days after the campaign ends and must be used within 14 days of distribution. Binance Points expire at the end of the same month the following year. Terms and Conditions Participation is limited to verified Binance accounts. Bulk-registered or sub-accounts are not eligible for rewards. Users violating Binance's guidelines or terms may be disqualified. Binance reserves the right to amend or terminate the campaign without prior notice. Final Notes Don’t miss your chance to earn rewards this holiday season! Check the Binance Christmas Calendar for more promotions and surprises. Stay active and keep an eye out for updates on hashtags and trading pairs. Disclaimer This campaign may not be available in all regions. Please refer to the official English announcement for the most accurate details. Start earning now with Binance Square and make your Christmas rewarding! $BTC $ETH

Binance Square Christmas Campaign: Complete Tasks and Win Big!

Introduction
This holiday season, Binance Square is introducing an exciting Christmas campaign through the Task Center on the Binance App. Users can participate in daily activities to earn rewards from a 5,000 USDC prize pool and gain Binance Points. Here's everything you need to know to get started!
Activity Period
Start Date: 2024-12-19 06:00 (UTC)
End Date: 2024-12-25 06:00 (UTC)
How to Participate
Users can join the campaign by accessing the Task Center via the Creator Center on the Binance App. Complete simple daily tasks to earn rewards.
Daily Tasks
1. Daily Check-In: Log in to Binance Square daily.
2. Create a Post: Publish a post with a minimum of 100 characters using:
The limited-time hashtag (e.g., $BTC ) OR
The selected trading pair of the day.
For new Binance Square users who have never posted before the Activity Period, the first post will count as two Participation Tickets.
Important Notes
The hashtag and trading pair of the day will be updated daily at 06:00 (UTC).
To earn a Participation Ticket, both tasks (check-in and posting) must be completed within the same 24-hour period.
Rewards Structure
1. 5,000 USDC Reward Pool:
Reward per participant = (Your Participation Tickets / Total Tickets) × Reward Pool
Individual rewards are capped at 5 USDC per participant.
2. Binance Points:
Daily Check-In: 1 Binance Point (3 points on the 7th consecutive day).
Create a Post: 5 Binance Points per day.
How to Redeem Rewards
Token vouchers and Binance Points will be credited to eligible users upon task completion.
Redeem rewards via Profile > Rewards Hub on the Binance App.
Token vouchers will be distributed within 21 working days after the campaign ends and must be used within 14 days of distribution.
Binance Points expire at the end of the same month the following year.
Terms and Conditions
Participation is limited to verified Binance accounts.
Bulk-registered or sub-accounts are not eligible for rewards.
Users violating Binance's guidelines or terms may be disqualified.
Binance reserves the right to amend or terminate the campaign without prior notice.
Final Notes
Don’t miss your chance to earn rewards this holiday season! Check the Binance Christmas Calendar for more promotions and surprises. Stay active and keep an eye out for updates on hashtags and trading pairs.
Disclaimer
This campaign may not be available in all regions. Please refer to the official English announcement for the most accurate
details.
Start earning now with Binance Square and make your Christmas rewarding!
$BTC $ETH
--
Bullish
Binance to Delist AKRO, BLZ, and WRX on December 25, 2024 Binance has announced its decision to delist three tokens—Akro (AKRO), Bluzelle (BLZ), and WazirX (WRX)—on December 25, 2024, at 03:00 UTC. This decision follows Binance’s regular reviews of listed digital assets to ensure they meet the platform’s high standards and align with industry requirements. Factors Behind the Delisting Decision Binance evaluates multiple factors before delisting an asset, including: Commitment of the development team. Quality of development activity. Trading volume and liquidity. Network stability and safety. Public communication and responsiveness. Regulatory compliance. Contribution to the crypto ecosystem. Key Details of the Delisting Process 1. Trading and Deposits: Trading for AKRO/USDT, BLZ/BTC, BLZ/USDT, and WRX/USDT pairs will cease on December 25, 2024, at 03:00 UTC. Deposits of these tokens will no longer be credited after December 26, 2024, at 03:00 UTC. 2. Withdrawals: Withdrawals of AKRO, BLZ, and WRX will be supported until February 25, 2025, at 03:00 UTC. 3. Potential Token Conversion: Binance may convert delisted tokens into stablecoins after February 26, 2025, at 03:00 UTC. Users will be notified separately if applicable. 4. Binance Futures: Futures contracts for BLZUSDT will close on December 23, 2024, at 09:00 UTC, with automatic settlement. 5. Binance Margin: Margin trading and borrowing for the delisted tokens will be suspended starting December 18, 2024, at 15:00 UTC. All margin positions will be settled by December 23, 2024, at 10:00 UTC. 6. Binance Convert: Sell-only functionality will remain for the tokens until December 25, 2024, at 02:00 UTC. 7. Other Services Affected: Binance Simple Earn, Auto-Invest, Buy & Sell Crypto, Gift Cards, and Trading Bots will also terminate support for these tokens on various dates leading up to the delisting. User Recommendations Close all positions and cancel orders involving these tokens before the delisting dates. $BNB
Binance to Delist AKRO, BLZ, and WRX on December 25, 2024

Binance has announced its decision to delist three tokens—Akro (AKRO), Bluzelle (BLZ), and WazirX (WRX)—on December 25, 2024, at 03:00 UTC. This decision follows Binance’s regular reviews of listed digital assets to ensure they meet the platform’s high standards and align with industry requirements.

Factors Behind the Delisting Decision

Binance evaluates multiple factors before delisting an asset, including:

Commitment of the development team.

Quality of development activity.

Trading volume and liquidity.

Network stability and safety.

Public communication and responsiveness.

Regulatory compliance.

Contribution to the crypto ecosystem.

Key Details of the Delisting Process

1. Trading and Deposits:

Trading for AKRO/USDT, BLZ/BTC, BLZ/USDT, and WRX/USDT pairs will cease on December 25, 2024, at 03:00 UTC.

Deposits of these tokens will no longer be credited after December 26, 2024, at 03:00 UTC.

2. Withdrawals:

Withdrawals of AKRO, BLZ, and WRX will be supported until February 25, 2025, at 03:00 UTC.

3. Potential Token Conversion:

Binance may convert delisted tokens into stablecoins after February 26, 2025, at 03:00 UTC. Users will be notified separately if applicable.

4. Binance Futures:

Futures contracts for BLZUSDT will close on December 23, 2024, at 09:00 UTC, with automatic settlement.

5. Binance Margin:

Margin trading and borrowing for the delisted tokens will be suspended starting December 18, 2024, at 15:00 UTC.

All margin positions will be settled by December 23, 2024, at 10:00 UTC.

6. Binance Convert:

Sell-only functionality will remain for the tokens until December 25, 2024, at 02:00 UTC.

7. Other Services Affected:

Binance Simple Earn, Auto-Invest, Buy & Sell Crypto, Gift Cards, and Trading Bots will also terminate support for these tokens on various dates leading up to the delisting.

User Recommendations

Close all positions and cancel orders involving these tokens before the delisting dates.

$BNB
XRP Price Prediction for December 18, 2024Ripple's XRP demonstrated impressive momentum, surging beyond $2.71 on December 17 following the highly anticipated launch of the RLUSD stablecoin. However, the rally faced a temporary pullback, with XRP currently trading around the $2.55 mark. Despite the slight dip, the market structure remains favorable, with strong support identified near $2.40. Key Support and Resistance Levels A micro support zone has emerged between $2.55 and $2.62, offering stability in the short term. The third wave of the current rally appears to be unfolding, with an ideal target of $2.81 in sight. For this bullish trajectory to hold, XRP must maintain support above existing levels. A deeper pullback could still occur but would remain within the range of micro structures. Bullish Momentum and Breakout Potential The third wave's extension sets the stage for waves 4 and 5, which could drive XRP closer to retesting its all-time high. Although the price movement isn't as impulsive as previous rallies, the current support levels are holding strong, signaling sustained bullish sentiment. Breakout Target: $3.80 in Sight? According to Josh of Crypto World, XRP is showing robust support around the $2.00 mark, where prior resistance has now flipped to support. The price has successfully confirmed a bullish breakout from a bull flag pattern, and recent higher highs reinforce this trend. The projected price target for this bull flag breakout stands at $3.80, representing a potential 40% to 60% increase from the breakout point. If support levels continue to hold and bullish momentum persists, XRP may be poised for a significant rally in the weeks ahead. Conclusion XRP's current market structure suggests an optimistic outlook, with the potential to reach $3.80 and beyond. Investors should monitor the $2.40 support level and the ongoing development of the third wave, as these will be critical indicators of the next significant move. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct thorough research before making investment decisions. Would you like me to design a visual with highlighted keywords like “XRP Price Prediction,” “$3.80 Target,” or “Bullish Momentum”? Let me know! #Xrp $BTC

XRP Price Prediction for December 18, 2024

Ripple's XRP demonstrated impressive momentum, surging beyond $2.71 on December 17 following the highly anticipated launch of the RLUSD stablecoin. However, the rally faced a temporary pullback, with XRP currently trading around the $2.55 mark. Despite the slight dip, the market structure remains favorable, with strong support identified near $2.40.
Key Support and Resistance Levels
A micro support zone has emerged between $2.55 and $2.62, offering stability in the short term.
The third wave of the current rally appears to be unfolding, with an ideal target of $2.81 in sight. For this bullish trajectory to hold, XRP must maintain support above existing levels. A deeper pullback could still occur but would remain within the range of micro structures.
Bullish Momentum and Breakout Potential
The third wave's extension sets the stage for waves 4 and 5, which could drive XRP closer to retesting its all-time high. Although the price movement isn't as impulsive as previous rallies, the current support levels are holding strong, signaling sustained bullish sentiment.
Breakout Target: $3.80 in Sight?
According to Josh of Crypto World, XRP is showing robust support around the $2.00 mark, where prior resistance has now flipped to support. The price has successfully confirmed a bullish breakout from a bull flag pattern, and recent higher highs reinforce this trend.
The projected price target for this bull flag breakout stands at $3.80, representing a potential 40% to 60% increase from the breakout point. If support levels continue to hold and bullish momentum persists, XRP may be poised for a significant rally in the weeks ahead.
Conclusion
XRP's current market structure suggests an optimistic outlook, with the potential to reach $3.80 and beyond. Investors should monitor the $2.40 support level and the ongoing development of the third wave, as these will be critical indicators of the next significant move.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct thorough research before making investment decisions.
Would you like me to design a visual with highlighted keywords like “XRP Price Prediction,” “$3.80 Target,” or “Bullish Momentum”? Let me know!
#Xrp
$BTC
Introducing Binance Alpha: A Gateway to Emerging Crypto ProjectsBinance has unveiled Binance Alpha, a cutting-edge platform within the Binance Wallet designed to spotlight early-stage crypto projects with promising potential in the evolving Web3 ecosystem. This initiative acts as a pre-listing token selection pool, enhancing transparency and offering users early access to groundbreaking projects that may shape the future of blockchain technology. What is Binance Alpha? Binance Alpha is a curated platform that introduces crypto enthusiasts to innovative projects making waves in the blockchain space. With Binance’s industry expertise, the platform showcases tokens demonstrating strong community support, increasing momentum, and alignment with key trends. While there are no guarantees, some tokens featured on Binance Alpha may eventually be considered for listing on the Binance Exchange, making it an invaluable resource for users interested in staying ahead of market developments. Key Features of Binance Alpha 1. Spotlight on Innovation Binance Alpha highlights tokens gaining traction in Web3, providing users with a closer look at emerging projects that may have a lasting impact on the crypto landscape. 2. Quick Buy Functionality The Quick Buy feature simplifies token purchases through Binance Wallet by optimizing transaction success rates and ensuring competitive prices compared to other decentralized exchanges (DEXs) or trading bots. Automatic selection of the native chain’s token and default trading amounts based on wallet holdings. Smart slippage adjustments to improve transaction success rates. Anti-MEV mechanisms to prevent adverse effects on large transactions, delivering better prices for users. 3. Educational Insights Binance Alpha educates users about the showcased projects, their use cases, and the narratives driving their popularity. 4. Expert Curation Tokens featured on Binance Alpha are carefully selected based on community interest, market traction, and alignment with blockchain trends. While not guaranteed, some tokens may later be reviewed for listing on the Binance Exchange. How Binance Alpha Works Getting Started To access Binance Alpha, users must create and back up a Binance Wallet and update the Binance App to version 2.93.0 or later. Pre-Launch Announcements Binance will release updates via its official social media channels. A countdown clock and chain details will appear in the Alpha section of the Binance Wallet’s Markets tab. Token Showcases Tokens will be introduced in 24-hour showcase periods, starting December 18, 2024. During this time, users can explore project details and purchase tokens using the Quick Buy feature. After the showcase ends, the tokens will remain available for tracking and trading within the Alpha section. Upcoming Showcase Dates Binance Alpha will launch its first batch of tokens on December 18, 2024, with five tokens to be revealed. Additional tokens will be announced on December 19 and December 20, with more planned beyond these dates. Why Binance Alpha Matters Binance Alpha bridges the gap between crypto users and emerging blockchain projects, fostering a more informed and engaged community. It offers a unique opportunity to discover and support projects that align with the latest trends in the Web3 ecosystem. Note: Binance Alpha is for educational purposes only. Featured tokens are not endorsements or guarantees of future listings on Binance Exchange. Stay Updated To learn more about Binance Alpha and its featured projects, follow Binance Wallet’s official social media accounts and visit the Binance Wallet homepage for the latest updates. Join us as we explore the next wave of innovation in blockchain and cryptocurrency through Binance Alpha. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your research before making investment decisions. #Write2Earn! #writetowin #BTC☀ $BTC {spot}(BTCUSDT) $BNB {spot}(BNBUSDT)

Introducing Binance Alpha: A Gateway to Emerging Crypto Projects

Binance has unveiled Binance Alpha, a cutting-edge platform within the Binance Wallet designed to spotlight early-stage crypto projects with promising potential in the evolving Web3 ecosystem. This initiative acts as a pre-listing token selection pool, enhancing transparency and offering users early access to groundbreaking projects that may shape the future of blockchain technology.
What is Binance Alpha?
Binance Alpha is a curated platform that introduces crypto enthusiasts to innovative projects making waves in the blockchain space. With Binance’s industry expertise, the platform showcases tokens demonstrating strong community support, increasing momentum, and alignment with key trends.
While there are no guarantees, some tokens featured on Binance Alpha may eventually be considered for listing on the Binance Exchange, making it an invaluable resource for users interested in staying ahead of market developments.
Key Features of Binance Alpha
1. Spotlight on Innovation
Binance Alpha highlights tokens gaining traction in Web3, providing users with a closer look at emerging projects that may have a lasting impact on the crypto landscape.
2. Quick Buy Functionality
The Quick Buy feature simplifies token purchases through Binance Wallet by optimizing transaction success rates and ensuring competitive prices compared to other decentralized exchanges (DEXs) or trading bots.
Automatic selection of the native chain’s token and default trading amounts based on wallet holdings.
Smart slippage adjustments to improve transaction success rates.
Anti-MEV mechanisms to prevent adverse effects on large transactions, delivering better prices for users.
3. Educational Insights
Binance Alpha educates users about the showcased projects, their use cases, and the narratives driving their popularity.
4. Expert Curation
Tokens featured on Binance Alpha are carefully selected based on community interest, market traction, and alignment with blockchain trends. While not guaranteed, some tokens may later be reviewed for listing on the Binance Exchange.
How Binance Alpha Works
Getting Started
To access Binance Alpha, users must create and back up a Binance Wallet and update the Binance App to version 2.93.0 or later.
Pre-Launch Announcements
Binance will release updates via its official social media channels. A countdown clock and chain details will appear in the Alpha section of the Binance Wallet’s Markets tab.
Token Showcases
Tokens will be introduced in 24-hour showcase periods, starting December 18, 2024. During this time, users can explore project details and purchase tokens using the Quick Buy feature. After the showcase ends, the tokens will remain available for tracking and trading within the Alpha section.
Upcoming Showcase Dates
Binance Alpha will launch its first batch of tokens on December 18, 2024, with five tokens to be revealed. Additional tokens will be announced on December 19 and December 20, with more planned beyond these dates.
Why Binance Alpha Matters
Binance Alpha bridges the gap between crypto users and emerging blockchain projects, fostering a more informed and engaged community. It offers a unique opportunity to discover and support projects that align with the latest trends in the Web3 ecosystem.
Note: Binance Alpha is for educational purposes only. Featured tokens are not endorsements or guarantees of future listings on Binance Exchange.
Stay Updated
To learn more about Binance Alpha and its featured projects, follow Binance Wallet’s official social media accounts and visit the Binance Wallet homepage for the latest updates.
Join us as we explore the next wave of innovation in blockchain and cryptocurrency through Binance Alpha.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your research before making investment decisions.
#Write2Earn! #writetowin #BTC☀
$BTC
$BNB
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Latest News

--
View More

Trending Articles

DeCrypto TokenTalks
View More
Sitemap
Cookie Preferences
Platform T&Cs