Gekocrypto Crypto News

Binance exec Tigran Gambaryan ends ordeal in Nigeria Discovering the Creator-Driven World of Nifty Island SEC settles with Mango Markets over MNGO token sales Over $3.5 Billion In Token Unlocks Scheduled For July South Korean CEO Arrested in $366M Crypto Fraud Case Binance Tries to Head off Indian $86 Million Penalty Whale Action: $PENDLE Drops 5% Following Major Sell-Off Ripple's XRP Price Prediction: Why It Could Hit $2 Soon NFT Project Cryptokitties Returns as a Telegram Game WazirX to Reimburse Full $230 Million to Hack Victims

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Binance exec Tigran Gambaryan ends ordeal in Nigeria

Homepage > News > Business > Binance exec Tigran Gambaryan ends ordeal in Nigeria Binance executive Tigran Gambaryan is free, ending an eight-month ordeal that threatened diplomatic relations between the United States and Nigeria. Gambaryan was first detained on February 26 in Abuja along with his colleague, Nadeem Anjarwalla. The latter, a Kenyan who heads the digital asset exchange’s operations in Africa, soon eluded the guards and escaped Nigeria, leaving Gambaryan to face the charges on his own. Nigeria’s Economic and Financial Crimes Commission (EFCC) charged him with money laundering and tax evasion but later dropped the tax-related charges. After...

24.10.2024

Discovering the Creator-Driven World of Nifty Island

In the latest episode of Regina’s Web3 Gaming Odyssey, she dives headfirst into Nifty Island—a metaverse brimming with customizable islands, NFT integration, and social interaction. Last week’s quick recap Last episode’s livestreamed game showcased Spellborne’s side quests. After delving into Spellborne’s side quests, I also shared my personal insights and explored the game’s tokenomics. Want to know more? Check out this link. Regina’s Web3 Gaming Odyssey: Episode 8 After diving into a blockchain-based strategy game, it’s time to explore a new flavor of Web3 gaming to expand our horizons and unlock fresh experiences. Next Up: Nifty Island Nifty Island is...

06.10.2024

SEC settles with Mango Markets over MNGO token sales

The SEC announced it settled with Mango Markets over the sale of unregistered tokens in a $70 million coin offering Mango DAO and Blockworks Foundation have agreed to pay $700,000 in civil penalties The settlement will also see Mango Markets destroy the MNGO tokens and request exchanges to delist them The US Securities and Exchange Commission (SEC) has charged Mango DAO and Blockworks Foundation for offering and selling unregistered crypto assets. The SEC announced the charges on September 27. They relate to the sale of MNGO, the governance token of Mango Markets. The platforms also acted as unregistered brokers for...

27.09.2024

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Binance exec Tigran Gambaryan ends ordeal in Nigeria

Discovering the Creator-Driven World of Nifty Island

SEC settles with Mango Markets over MNGO token sales

Over $3.5 Billion In Token Unlocks Scheduled For July

July is set to witness a significant surge in altcoin supply emission, with over $3.5 billion worth of tokens scheduled for unlocking. This wave of unlocks is likely to impact the market, which has already shown difficulty in absorbing such substantial supply emissions. According to Token Unlocks, the largest token unlock this month will be $WLD, with a staggering $600 million worth of tokens being released. This accounts for 53.36% of its current circulating supply, making it the most substantial individual token unlock in July. $SOL is also seeing a notable unlock, with approximately $400 million worth of tokens being...

South Korean CEO Arrested in $366M Crypto Fraud Case

The fraud has had a severe impact on elderly investors, many of whom were not familiar with cryptocurrency. In a startling development, Byun Young-oh, the CEO of South Korean tech company Wacon, has been taken into custody in connection with a massive cryptocurrency fraud. The alleged scam, centered around Ethereum investments, is said to have defrauded more than 500 individuals, leading to significant financial losses, said to involve approximately $366 million. Details of the Fraud As reported by local Korean news media iNews24, Byun Young-oh, along with an accomplice named Yeom, is accused of operating a Ponzi scheme disguised as...

Binance Tries to Head off Indian $86 Million Penalty

By Mark Hunter 6 days agoWed Aug 07 2024 08:03:12 Reading Time: 2 minutes Binance is contesting an $86 million tax showcause notice from India’s DGGI issued last week The notice pertains to fees collected from Indian customers from July 2017 to March 2024 Binance has recently accepted a $2.2 million fine for unregistered access by Indian users Binance is contesting an $86 million tax showcause notice issued by India’s Directorate General of Goods and Services Tax Intelligence (DGGI). The notice, issued last week, acts as a potential prelude to action, with the amount relating to fees collected from Indian...

Whale Action: $PENDLE Drops 5% Following Major Sell-Off

A major whale identified as 0xC54…4d62E, once the second-largest holder of $PENDLE, recently transferred 250,000 $PENDLE tokens to Binance. Valued at $1.13 million, this move, if sold, would net the whale a substantial profit of $1.03 million. This whale initially acquired $PENDLE at a cost of just $0.35 per token, taking advantage of the low prices during the bear market between February 8 and October 20, 2023. Over the past three months, the whale has systematically sold off 2.68 million tokens, amassing approximately $12.33 million at an average selling price of $4.58. 曾经 $PENDLE 持仓排行第二的巨鲸 0xC54…4d62E 再次通过中转地址向 #Binance 充值 25...

Ripple's XRP Price Prediction: Why It Could Hit $2 Soon

FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution FMLS:24 | Shaping the Next Era of Financial Evolution Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together! Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers...

NFT Project Cryptokitties Returns as a Telegram Game

By Philip Maina 2 months agoWed Oct 02 2024 12:18:46 Reading Time: 2 minutes NFT project CryptoKitties will now be available as a Telegram game The game is part of the project’s plan to relaunch on the Flow blockchain The game will reward players with free NFTs from an existing collection NFT project CryptoKitties is joining the Telegram gaming craze and is launching a Telegram game dubbed “CryptoKitties: All The Zen.” The game employs the same screen-tapping mechanism used by popular Telegram games like Harmster Kombat, which recently announced NFT plans. The game is part of the project’s mission to...

WazirX to Reimburse Full $230 Million to Hack Victims

By Mark Hunter 1 day agoMon Aug 12 2024 07:28:30 Reading Time: 2 minutes WazirX has decided to restore user balances to pre-hack levels following a $230 million hack The exchange has faced criticism for its initial reimbursement plan, which involved a 45% portfolio rebalancing After customer complaints, WazirX has committed to restoring balances to their July 18 levels Hacked Indian cryptocurrency exchange WazirX will restore user balances to how they were before last month’s $230 million hack. The decision comes after the exchange was criticized for its initial reimbursement plan involved rebalancing crypto portfolios to the tune of 45...