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Published: 7:19am, 20 Jul 2025 A speedboat in Hong Kongs Causeway Bay typhoon shelter caught fire on Sunday morning, with the blaze spreading to two nearby vessels. Marine police and firefighters rescued three men and two women, aged 25 to 42, from a nearby unaffected vessel as Typhoon Wipha lashed Hong Kong with wind and rain. All five were uninjured and did not require hospital treatment. Police said a call was received from a passer-by who spotted flames at 3.41am, about three hours after the Hong Kong Observatory issued the No 8 typhoon signal at 12.20am. Bright orange flames could...

19.07.2025

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19.07.2025

Former Fianna Fáil Minister Urges Party to Run Presidential Candidate: Why the Lack of Choice is an Insult

ITS AN INSULT to the office of president, if youre willing to run for everything, but you wont run for the office of president. Former Fianna F�il Minister Mary Hanafin spoke about her partys lack of candidate at the MacGill Summer School on Saturday night. I firmly believe that the largest party of the country, which is the largest at local level, largest at national level, largest in Europe, should be running a candidate. Last month, she said she would happily contest the presidential election but added that was ultimately up to Taoiseach and party leader Miche�l Martin. You have...

19.07.2025

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Binance’s latest 1.6M token burn – Enough to push BNB above $600?

contributor 1.64 million BNB tokens worth nearly $970 million were burned in the second quarter of 2024. Recent price action shows resistance around $600 level. Binance Coin [BNB] has completed another significant token burn in the second quarter of 2024. Data from Bscscan reveals 1,643,698.8 BNB tokens were removed from circulation, valued at approximately $969 million at the time of the burn. This substantial reduction in supply continues BNB’s deflationary trend. Source: Bscscan The burn rate remains strong, aligning with Binance long-term strategy to reduce its total supply. Each quarterly burn is aimed at reducing the circulating supply contracts and...

Zircuit Raises Mainnet Funding Round With Participation From Binance Labs, Mirana Ventures, And Others

George Town, Cayman Islands, July 22nd, 2024, Chainwire Zircuit, a fully EVM-compatible ZK rollup with AI-enabled sequencer level security, today announced it raised a Mainnet funding round with participation from Binance Labs, Mirana Ventures, Amber Group, Selini, Robot Ventures, Nomad Capital, Borderless Capital, and prominent angel investors including the founders of Renzo, Etherfi, Pendle, Parallel, LayerZero, Axelar, F2Pool, Nonce, KelpDAO, ETHGlobal, Maelstrom, and more. With this new funding, Zircuit will be able to supercharge ecosystem growth and activity on its network, building upon a strong technical foundation and over $2.9 billion in staked assets. Since 2022, the Zircuit team has...

Zircuit Raises Mainnet Funding Round From Binance Labs, Mirana Ventures, and Others

2024-07-23T10:02:07.629+02:00 T u e s d a y , 2 3 / 0 7 / 2 0 2 4 | 1 0 : 0 2 G M T + 2 by FM Zircuit plans to become a central hub for restaked assets featuring unparalleled security. Zircuit, a fully EVM-compatible ZK rollup with AI-enabled sequencer level security, today announced it raised a Mainnet funding round with participation from Binance Labs, Mirana Ventures, Amber Group, Selini, Robot Ventures, Nomad Capital, Borderless Capital, and prominent angel investors including the founders of Renzo, Etherfi, Pendle, Parallel, LayerZero, Axelar, F2Pool, Nonce, KelpDAO, ETHGlobal, Maelstrom, and...

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...

Multisign Address And Whale Activity Impacting MKR And ENS Markets

A multisignature address, likely associated with UDHC/MakerDAO and identified as 0xbba, has recently deposited its remaining 628 MKR (worth $1.77 million) to Binance through an intermediary wallet, 0x1cc. Over the past four months, this address has deposited a total of 30,971 MKR to Binance and Wintermute Trading at an average price of $2,972, amounting to $92 million. Each of these deposits has caused noticeable price dips in the market. While the multisign 0xbba is now out of MKR, another multisignature address, 0x7fd—also likely belonging to MakerDAO and previously linked to wallet 0x1cc—holds 5,177 MKR (valued at $15.1 million) and may...

$WHY Token Surges To New High, Market Cap Exceeds $100 Million

The $WHY token has recently achieved a significant milestone, reaching a new price high and surpassing a market cap of $100 million. Currently trading at $0.0000002483, $WHY boasts a market cap of $104.27 million. In recent activities, new wallets have been created to purchase $WHY using $BNB withdrawn from Binance. A wallet identified as “0x6387” withdrew 83.5 $BNB (approximately $50,000) from Binance to acquire 208.23 billion $WHY tokens. Similarly, another wallet, “0x35bD,” withdrew 55 $BNB (around $33,000) from Binance to purchase 140.56 billion $WHY tokens. BNB Chain Contributed $200,000 In $BNB Liquidity For $WHY Over the past six days, the...

Binance Secures Approval To Invest US Customer Fiat Funds In US T-Bills, BNB Price Surges

Binance has received court approval allowing it to invest customer fiat funds into US Treasury Bills (T-Bills) after a year of heightened scrutiny of Binance’s operations in the United States. The decision has resulted in a notable price recovery for the exchange’s native token, Binance Coin (BNB), pushing it toward the $600 level. Court Grants Relief To Binance BAM Subsidiary A court filing reveals that BAM Trading Services and BAM Management US Holdings, collectively known as BAM, filed a motion seeking relief from a consent order. The court, upon consideration of the motion, granted the requested relief. As a result,...

BINANCE COIN PRICE ANALYSIS & PREDICTION (July 19) – BNB Breaks Higher After Forming A V-Shape Pattern, Is Bigger Surge Ahead?

BNB’s price just broke out to a new monthly high after a slight pause in buying. Following this latest move, it will likely show more strength in the next few days as it sees a 30% recovery in two weeks. Following recent price recovery across the crypto space, BNB ended last week strong after reclaiming some crucial levels lost during the bearish correction phase. It reiterated actions this week and surged significantly to the $587 high on Monday. Due to a rejection, it halted buying pressure and dropped to a low of $554.4 the following day. BNB picked briefly up...

Binance.US secures court approval to invest $40 million in US Treasury bills

Binance.US secures court approval to invest $40 million in US Treasury bills Oluwapelumi Adejumo · 4 weeks ago · 2 min read The investment will use certain customer fiat funds. 2 min read Updated: Jul. 19, 2024 at 7:27 pm UTC Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. A US court has granted Binance US permission to invest certain customer fiat funds, currently held at BitGo, in US Treasury Bills. Earlier this week, the exchange requested court approval to invest about $40 million in $10 million increments over four weeks. These investments will be...

Binance Helps FBI Recover Funds in ‘Pig Butchering’ Scams

Pig butchering or slaughtering has become a popular scam method utilized by hackers within the crypto ecosystem. Cryptocurrency exchange Binance announced that it supported the Federal Bureau of Investigation (FBI) in San Diego to investigate a “pig butchering” scam. Binance Role in Busting the Pig Butchering Scam According to Binance, its Investigations and Case teams participated in the investigation, analysis and seizure of the scam. At the end of the day, their collaborative effort with the authorities led to the uncovering of leads and seizure of $2.5 million victims funds. The seized fund which is precisely 2,546,415.01 USDT Coin (USDT),...

A Second Look at Third-Party Token Allegations in the SEC's Case Against Binance

Last week, a federal judge convened a hearing for the U.S. Securities and Exchange Commission's case against Binance after publishing her ruling on Binance's motion to dismiss the SEC lawsuit. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. Third-party questions The narrative Last week, a federal judge said she would review her ruling in the U.S. Securities and Exchange Commission's (SEC) case against Binance and affiliated entities (namely Binance.US and founder Changpeng Zhao) after attorneys for the world's largest crypto exchange said they interpreted...

Binance CEO Forecasts Spot Ethereum ETFs Bringing Steady Capital Inflow, Downplays Dramatic Impact

The Binance CEO said that the Spot ETH ETF could make investing in the digital currency more accessible and attractive to more investors. The launch of Ethereum exchange-traded funds (ETFs) is getting closer, and many experts are weighing in on its potential impact on ETH price. Richard Teng, the CEO of Binance, expressed doubt about the initial impact. Teng revealed that Ethereum ETFs might not make an immediate impact but could bring a lot of steady investment over time. He further said that launching these exchange-traded funds is an important step for the Ethereum network and the whole cryptocurrency market....

BDAG Presale Toward $60M as BCH & BNB Investors Face Storms

Bitcoin Cash & BNB Investors Cave Under Pressure; Experts Optimistic About BlockDAG’s Soaring Presale Approaching $60M BNB traders grapple with market instability after a significant whale transferred 200,000 BNB tokens to Binance, sparking widespread unease and a downward trend. Meanwhile, Bitcoin Cash (BCH) investors also wrestled with uncertainties as BCH prices have tumbled. Experts are treading carefully regarding BCH’s future outlook. Yet, BlockDAG’s presale is the silver lining, quickly approaching the $60 million mark, fueled by its decentralized ecosystem and investor zeal. The presale’s stellar path, showing a 1400% price jump since the first batch, has drawn an expanding community...

Bloomberg Businessweek Apologizes to Binance for ‘Ponzi Scheme’ Accusations After 2 Years

Home / Crypto Live News / Bloomberg Businessweek Apologizes to Binance for ‘Ponzi Scheme’ Accusations After 2 Years Crypto Live News Author: Zafar Naik Zafar Naik Author Zafar is a seasoned crypto and blockchain news writer with four years of experience. Known for accuracy, in-depth analysis, and a clear, engaging style, Zafar actively participates in blockchain communities. Beyond writing, Zafar enjoys trading and exploring the latest trends in the crypto market. Jul 17, 2024 19:02 The Chinese edition of Bloomberg Businessweek has published a formal apology to Binance and its founder Changpeng Zhao. On July 6, 2022, the magazine ran...

Tigran Gambaryan “Hardly Able to Walk” as Trial Continues

By Mark Hunter 4 weeks agoWed Jul 17 2024 09:22:59 Reading Time: 2 minutes Tigran Gambaryan had to be wheeled into a Nigerian courtroom to resume his trial due to severe health issues Gambaryan’s health has significantly worsened since his detention began in February Prison officials have not complied with the court order to release his medical records The trial of Binance executive Tigran Gambaryan resumed yesterday, with the American wheeled into a courtroom in Abuja, Nigeria, following severe health complications that have left him barely able to walk. Gambaryan’s condition has reportedly worsened significantly since his detention began in...

Binance’s Half-Year Report 2024: Details

Binance is celebrating its seven-year anniversary this month, hosting events, rewards, and merchandise giveaways for its users. CEO Richard Teng expressed his optimism for the future. Renowned crypto exchange platform Binance has released its half-year report for 2024, revealing insights into the state of the market. It noted a 37.3% growth in total crypto market capitalization year-to-date, bringing it to approximately $2.27 trillion. A strong first quarter, which saw over 60% increase in market cap, was the primary reason for this growth. However, the second quarter faced challenges, with the market reversing some of its gains and falling by 14.3%....

Satoshi Protocol Completes Seed Funding Round with $2M Investment

As part of its moves to expand its footprint in the crypto economy, Satoshi Protocol recently teamed up with Binance Web3 Wallet for a joint marketing campaign. Satoshi Protocol, the first collateralized debt position (CDP) protocol built on the Bitcoin network, has announced the completion of its seed funding round led by two major venture capital (VC) firms in the industry. According to a press release shared with Coinspeaker, the platform received $2 million in investments from CMS Holdings and RockTree Capital, which jointly led the funding round. Other VC companies that contributed to the investment round include Cypher Capital,...

Nigerian Judge to Rule on Binance Tax Evasion Case in October

Nigerian Justice Emeka Nwite recently set October 11 as the date for ruling in the trial of Binance Holdings Limited, a popular cryptocurrency platform. The platform and its two directors face a four-count tax evasion charge for failing to register with the Federal Inland Revenue Service (FIRS). Binance’s lawyer Ayodele Omotilewa pleaded not guilty to the charges, urging the court to dismiss them. Meanwhile, Binance executives Tigran Gambaryan and Nadeem Anjarwalla were discharged from similar tax evasion charges in June, although they still face separate money laundering allegations. Tags in this story Bitcoin.com Since 2015, Bitcoin.com has been a global...

BINANCE to Burn SHIB! Can it reach $0.00002065?

Shib a Inu, along with other meme coins like Doge, Pepe, and DOGwifhat, has experienced a significant price rise in the past 24 hours. The enthusiasm of the Shiba Army and the activity on the charts suggest that Shiba Inu might be gearing up for a price rally. Shiba Army’s Request to Binance Recently, Binance CEO Richard Teng tweeted about US listed Bitcoin ETFs. In response, the Shiba Army actively requested that Binance burn SHIB tokens, similar to how they burn LUNC collected as trading fees. Can you please burn some #SHIB from the revenues you receive from trading fees...

BNB Chain Has Lost Over $1.5 Billion to Hacks and Rug Pulls

By Philip Maina 1 month agoSat Jul 13 2024 09:00:53 Reading Time: 2 minutes BNB Chain has lost more than $1.5 billion to rug pulls and hacks since its launch in 2017 Close to $400 million is linked to rug pulls with the rest siphoned through hacks The blockchain has in the past introduced measures through hard forks to strengthen the network Binance exchange -operated blockchain BNB Chain has lost over $1.5 billion over the years since its launch in 2017. The funds were lost through hacks and rug pulls with hacks accounting for the lion’s share of the funds...

Trader’s Binance sell-off triggers BLUR’s 7% price decline – All the details

Machi Big Brother’s massive BLUR transfer to Binance caused a sharp 7% price decline Blur’s active addresses surged and peaked at over 16,000 in late June, before dropping BLUR token witnessed a 7% drop in its value following the actions of prominent trader – Machi Big Brother. The trader transferred all his tokens to Binance, prompting concerns among investors about a potential large-scale sell-off. Major sell-off by Machi Big Brother Spot On Chain reported that Machi Big Brother deposited 18.4 million tokens, worth approximately $3.13 million, into Binance. This move was perceived as a sign of impending sales by many,...

Paxos Scores Big: SEC Greenlights BUSD

You are here: Home / News / Altcoin News / Paxos Scores Big: SEC Greenlights BUSD Paxos, a blockchain infrastructure platform has scored a major relief after the SEC’s investigation cleared it of any wrongdoing and concluded that BUSD, a Binance-based stablecoin, is not a security. As per the official press release, the regulator sent a notice dated July 9, 2024, stating that it won’t pursue against the firm in the investigation of Binance USD, setting a new precedent for the stability and regulation of stablecoins in the cryptocurrency market. The dollar-backed stablecoin issued by Paxos was the third biggest...

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Binance’s latest 1.6M token burn – Enough to push BNB above $600?

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$WHY Token Surges To New High, Market Cap Exceeds $100 Million

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