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Nigerian Witness Says Binance Users Operate Under False Identities
A witness in the ongoing Nigerian money laundering trial against Binance has alleged that many local users of the cryptocurrency exchange platform are operating under false identities. The witness further claimed that by allowing users to withdraw Nigerian naira (NGN), a regulated activity, Binance is in violation of local laws. Money Laundering Charges A deputy director at the Central Bank of Nigeria (CBN) testified in a local court that many Nigerians using the cryptocurrency exchange Binance employ false identities. Olubukola Akinwumi, head of Payment Policy and Regulation, gave his testimony during the ongoing money laundering trial against Binance and Tigran...
XRP News : Is RLUSD a Threat to XRP? Here’s What Experts Are Saying
XRP’s price dropped sharply from $2.59 to $2.31 within 24 hours, bringing its market cap down by 12% to $131.42 billion. This decline pushed XRP out of its spot as the third-largest cryptocurrency, falling behind Tether (USDT). Futures trading volume also plummeted from $32 billion to $16 billion, signaling reduced market activity. The decline is largely tied to increased selling pressure and market speculation, potentially influenced by the delay in Ripple’s RLUSD token launch. With this fluctuation, the community is in doubt that RLUSD may impact XRP which is initially planned to operate on Ripple’s XRP Ledger (XRPL). But analysts...
Ubisoft Announces 10,000 NFT Launch on Arbitrum for Early Access to New Game ‘Captain Laserhawk’
Ubisoft is launching a 10,000-piece NFT collection on Arbitrum via Magic Eden for early access to Captain Laserhawk: The G.A.M.E. NFT holders can earn rewards and access user-generated content, though details are limited. Tencent and the Guillemot family are reportedly considering buying Ubisoft and taking the company private. Video game giant Ubisoft is preparing to launch a 10,000-piece non-fungible token (NFT) collection on Arbitrum, Ethereum’s largest optimistic rollup, via the Magic Eden marketplace. This collection will grant holders early access to Captain Laserhawk: The G.A.M.E., a top-down shooter inspired by the Netflix series Captain Laserhawk: A Blood Dragon Remix and...
