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 Nigerian committee summons Binance CEO over financial crime suspicions

Nigerian committee summons Binance CEO over financial crime suspicions


Published: 2024-03-03


1. Nigerian committee summons Binance CEO on financial crime suspicion - The Nigerian Senate summoned Binance CEO,Changpeng Zhao,to provide information on the company's operations amid concerns of financial crime. The committee expressed worries about the potential use of Binance for money laundering,terrorist financing,and other illicit activities.

2. Binance's response to the summons - In response to the summons,Binance affirmed its commitment to compliance with regulatory requirements and combating financial crimes. The company stated that it prioritizes KYC and anti-money laundering procedures to ensure the security of its platform and users.

3. Impact on Binance and the crypto industry - The summons from the Nigerian committee raises questions about Binance's operations and compliance measures in Nigeria and globally. It also highlights the growing regulatory scrutiny facing the cryptocurrency industry as authorities worldwide seek to address concerns over financial crimes and investor protection.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 ARS title=ARS 1,068.00 2,389,044,930.70
2 BTC title=BTC 61,630.02 1,819,446,131.17
3 PEPE title=PEPE <0.01 1,280,295,318.60
4 ETH title=ETH 2,888.64 799,953,551.77
5 SOL title=SOL 143.54 521,755,994.74
6 DOGE title=DOGE 0.15 364,135,353.28
7 WIF title=WIF 2.90 336,825,313.68
8 WLD title=WLD 4.97 238,739,477.51
9 FLOKI title=FLOKI <0.01 225,883,099.29
10 BOME title=BOME 0.01 209,334,075.68
11 RNDR title=RNDR 10.14 174,270,027.22
12 XRP title=XRP 0.50 135,575,933.18
13 BONK title=BONK <0.01 118,440,070.76
14 ENA title=ENA 0.71 113,242,645.09
15 NEAR title=NEAR 7.09 107,104,025.29
16 RUNE title=RUNE 5.58 92,409,911.24
17 AVAX title=AVAX 31.92 71,312,050.78
18 PEOPLE title=PEOPLE 0.03 68,661,445.04
19 ORDI title=ORDI 36.60 58,437,663.81
20 ICP title=ICP 11.88 54,644,131.31
21 1000SATS title=1000SATS <0.01 42,608,747.75
22 ARKM title=ARKM 2.30 42,064,807.39
23 JTO title=JTO 3.83 40,273,785.56
24 SAGA title=SAGA 2.27 38,486,717.87
25 LTC title=LTC 78.85 38,221,166.74
26 AR title=AR 38.63 37,495,016.07
27 ADA title=ADA 0.43 37,387,678.96

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Viction title=VIC 0.54 +20.57
2 ConstitutionDAO title=PEOPLE 0.03 +12.22
3 Pepe title=PEPE <0.01 +9.75
4 BENQI title=QI 0.02 +8.92
5 BinaryX [OLD] title=BNX 0.98 +6.75
6 FLOKI title=FLOKI <0.01 +5.12
7 Chromia title=CHR 0.29 +4.31
8 MovieBloc title=MBL <0.01 +3.90
9 ARK title=ARK 0.81 +3.36
10 AS Roma Fan Token title=ASR 3.70 +3.18
11 Manchester City Fan Token title=CITY 3.38 +2.77
12 GMX title=GMX 28.18 +2.14
13 BOOK OF MEME title=BOME 0.01 +0.94
14 Metal DAO title=MTL 1.77 +0.74
15 SelfKey title=KEY <0.01 +0.59
16 MANTRA title=OM 0.71 +0.57
17 eCash title=XEC <0.01 +0.37
18 PAX Gold title=PAXG 2,335.00 +0.30
19 Zcash title=ZEC 22.29 +0.18
20 Internet Computer title=ICP 11.88 +0.18
21 Firo title=FIRO 1.52 +0.13
22 StormX title=STMX <0.01 +0.01

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Worldcoin title=WLD 4.97 -14.54
2 Ethernity Chain title=ERN 3.99 -10.45
3 Render title=RNDR 10.14 -9.93
4 UMA title=UMA 3.65 -9.69
5 Omni Network title=OMNI 14.69 -9.60
6 NULS title=NULS 0.56 -9.45
7 Orion title=ORN 1.24 -9.38
8 FarmBot title=FARM 63.19 -8.74
9 Dymension title=DYM 2.57 -8.65
10 Ethena title=ENA 0.71 -8.43
11 Marlin title=POND 0.02 -8.02
12 Nano title=XNO 1.03 -7.88
13 Bittensor title=TAO 337.30 -7.87
14 RAD title=RAD 1.64 -7.80
15 Ampleforth Governance title=FORTH 3.77 -7.78
16 Sui title=SUI 0.91 -7.65
17 Voxies title=VOXEL 0.20 -7.57
18 Celestia title=TIA 8.34 -7.54
19 JOE title=JOE 0.43 -7.50
20 Saga title=SAGA 2.27 -7.32
21 Alpaca Finance title=ALPACA 0.15 -7.31
22 Blur title=BLUR 0.34 -7.31
23 BurgerCities title=BURGER 0.42 -7.30
24 CyberConnect title=CYBER 7.13 -7.22
25 Voyager title=VGX 0.08 -7.08
26 THORChain title=RUNE 5.58 -6.96
27 Prom title=PROM 9.17 -6.95
28 Ether.fi title=ETHFI 3.35 -6.82
29 Bella Protocol title=BEL 0.80 -6.82
30 Arkham title=ARKM 2.30 -6.75

Bitcoin's Greed and Fear Index.

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66
Greed

Global CryptoCurrency News

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(See more news ...)
at news date
1 CFTC announces 18M settlement against brokerage firm FalconX 2024-05-14
2 Bitcoin traders expect Fed Chair Powell to pump our bags and BTC to target 80K 2024-05-14
3 Pepe hits all time high memecoins soar after famous GameStop stock trader returns 2024-05-14
4 OpenAIs latest upgrade essentially lets users livestream with ChatGPT 2024-05-14
5 Hong Kong Bitcoin Ether ETFs wipe 2 weeks of inflow in a single day 2024-05-14
6 Historical cycle data suggests Bitcoin has left the danger zone Analyst 2024-05-14
7 GameStop sparked the 2021 memecoin bull run will history repeat itself 2024-05-14
8 New daily Runes etched on Bitcoin falls 99 from post halving peak 2024-05-14
9 Crypto exchange OKX launches local regulated entity in Australia 2024-05-14
10 Coinbase confirms system wide outage Assures funds are safe 2024-05-14
11 WBTC thief returns 71 million worth of stolen funds 2024-05-13
12 SoftBank subsidiary to develop semiconductor chips reports profits after AI shift 2024-05-13
13 MakerDAO and Aaves DeFi conflict reopens over DAIs perceived risk growth 2024-05-13
14 MoonPay donates to Coinbases Stand With Crypto campaign 2024-05-13
15 What is phishing as a service PhaaS and how to defend against it 2024-05-13
16 OKX surpasses 50 of Bitcoin Runes market share 2024-05-13
17 Antonio Juliano steps down as CEO of dYdX 2024-05-13
18 Bitcoin miner Bitfarms CEO to depart immediately in response to lawsuit 2024-05-13
19 Bitcoin bottomed at 56K BTC price chart hints at breakout within days 2024-05-13
20 Rain exchange suffered 141M in suspicious outflows 2 weeks ago ZachXBT 2024-05-13
21 Religious leaders debate going to church in the metaverse 2024-05-13
22 Sam Altman thinks giving everyone a slice of GPT could pay for UBI 2024-05-13
23 Blockchain adoption in healthcare faces serious obstacles in Germany 2024-05-13
24 Bitcoin trades sideways while TON RNDR PEPE and AR flash bullish signs 2024-05-13
25 Bitcoin whale wallets move 61M in BTC after a decade of dormancy 2024-05-13
26 North Korean hackers deploy Durian malware targeting crypto firms 2024-05-13
27 Bitcoin repeats 2016 history perfectly amid 350K price prediction Traders 2024-05-12
28 Is the altcoin market set for an explosive rally Analysts eye these 3 indicators 2024-05-12
29 Apple finalizing deal with OpenAI for ChatGPT iPhone integration Report 2024-05-12
30 Nigerias foreign investment at risk due to Binance bribery allegations 2024-05-12
31 Runes protocol sees significant decline in activity 2024-05-12
32 Franklin Templeton CEO says all ETFs and mutual funds will be on blockchain 2024-05-12
33 Bitcoin repeats 0392016 history perfectly039 amid 350K price prediction Traders 2024-05-12
34 Mark Cuban advocates for CFTC to regulate all crypto ahead of US election day 2024-05-11
35 SEC insists that Coinbase just does not like the answer 2024-05-11
36 Binance to be under FRA surveillance for next 3 years Report 2024-05-11
37 ARK and 21Shares drop staking plans from Ethereum ETF proposal 2024-05-11
38 What is cryptocurrency insurance and how does it work 2024-05-11
39 Bitcoin halving 039danger zone039 has 2 days left with BTC price retesting 60K 2024-05-11
40 Interpol Nigeria boosts cybersecurity with virtual asset training 2024-05-11
41 JPMorgans Onyx to industrialize blockchain PoCs from Project Guardian 2024-05-11
42 Bitcoin volatility plunges below Tesla Nvidia stocks amid 100K price prediction 2024-05-11
43 OKX Ventures invests in Web3 play ARPG to train AI game Blade of God X 2024-05-11
44 3 reasons why traders put an 800 target on BNB price 2024-05-11
45 Solana fees to surpass Ethereum trader loses over 1M due to hard fork Finance Redefined 2024-05-11
46 House expected to vote on crypto bill offering SEC CFTC clarity in May 2024-05-11
47 Crypto Biz SEC targets Robinhood Grayscales Ethereum ETFs and more 2024-05-11
48 WBTC address poisoner sends nearly all funds back to victim after negotiations 2024-05-11
49 JPMorgan reports holding shares of several spot Bitcoin ETFs 2024-05-11
50 Open source CBDCs arent going to protect you from government 2024-05-11

US news that has a significant impact on the market

at news day date time
1 NFIB Small Business Index Tuesday 14-05-2024 11:00
2 Core PPI m/m Tuesday 14-05-2024 13:30
3 PPI m/m Tuesday 14-05-2024 13:30
4 FOMC Member Cook Speaks Tuesday 14-05-2024 14:10
5 Fed Chair Powell Speaks Tuesday 14-05-2024 15:00
6 Mortgage Delinquencies Tuesday 14-05-2024 15:00
7 Core CPI m/m Wednesday 15-05-2024 13:30
8 Core Retail Sales m/m Wednesday 15-05-2024 13:30
9 CPI m/m Wednesday 15-05-2024 13:30
10 CPI y/y Wednesday 15-05-2024 13:30
11 Empire State Manufacturing Index Wednesday 15-05-2024 13:30
12 Retail Sales m/m Wednesday 15-05-2024 13:30
13 Business Inventories m/m Wednesday 15-05-2024 15:00
14 NAHB Housing Market Index Wednesday 15-05-2024 15:00
15 Crude Oil Inventories Wednesday 15-05-2024 15:30
16 FOMC Member Bowman Speaks Wednesday 15-05-2024 20:20
17 TIC Long-Term Purchases Wednesday 15-05-2024 21:00
18 Unemployment Claims Thursday 16-05-2024 13:30
19 Building Permits Thursday 16-05-2024 13:30
20 Philly Fed Manufacturing Index Thursday 16-05-2024 13:30
21 Housing Starts Thursday 16-05-2024 13:30
22 Import Prices m/m Thursday 16-05-2024 13:30
23 Industrial Production m/m Thursday 16-05-2024 14:15
24 Capacity Utilization Rate Thursday 16-05-2024 14:15
25 FOMC Member Barr Speaks Thursday 16-05-2024 15:00
26 Natural Gas Storage Thursday 16-05-2024 15:30
27 FOMC Member Mester Speaks Thursday 16-05-2024 17:00
28 FOMC Member Bostic Speaks Thursday 16-05-2024 20:50
29 CB Leading Index m/m Friday 17-05-2024 15:00
30 FOMC Member Waller Speaks Friday 17-05-2024 15:15
31 FOMC Member Kugler Speaks Saturday 18-05-2024 22:45

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