Binance Exec Tigran Gambaryan Denied Bail by Nigerian Court
The Nigerian court also ruled that the Binance exchange can be served the FIRS tax evasion charges through its executive Tigran Gambaryan.
Turkey Takes Crypto Bill to Parliament, Aims to Bring Crypto Licensing to the Country
The bill aims to introduce a licensing scheme for crypto firms, which will be handled by the CMB and bring the firms under the regulator’s scope.
Dolce & Gabbana Sued for Messing Up Delivery of Its NFTs: Bloomberg
A lawsuit filed on Thursday alleges Dolce & Gabbana USA messed up their delivery resulting in NFTs bought by a customer for $6,000 losing 97% of their value, Bloomberg reports.
Hong Kong Expands Cross-Border Digital Yuan Trial, Allows Residents to Set Up E-CNY Wallets
The pilot will also allow e-CNY wallets to pay retailers, but not person-to-person transfers.
First Mover Americas: Bitcoin Regains $66K Following Bullish ETF Data
The latest price moves in bitcoin (BTC) and crypto markets in context for May 17, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Bitcoin Traders Target $74K Next Week as BTC Spot ETFs Log Four Days of Inflows
One trader said rising risk appetite for alternative assets could cause bitcoin to exceed the $70,000 level over the weekend.
Ether Bears Hit a Brick Wall as Price Collides With Bull-Market Trendline
Ether’s sell-off has stalled at an upward-sloping trendline, characterizing the rally from October lows.
Ether Could Surprise to the Upside in the Coming Months, Coinbase Says
The cryptocurrency does not have major supply-side overhangs such as token unlocks or miner sell pressure, the report said.
Fantom Outperforms CoinDesk 20 Over Past Week as TVL Jumps
FTM has gained 13% in the last week, and total value locked in Fantom briefly hit $200 million.