Kenya's Assets Recovery Agency (ARA) has frozen $888,030 in cash and tether stablecoins linked to a $2.32 million money laundering scheme involving Binance wallets and multiple banks. The scheme used two parallel channels to obscure money origins, including international remittances and cryptocurrency transfers, with transactions deliberately kept below reporting thresholds to evade detection. Investigations are ongoing, and Kenyan authorities have sought U.S. legal assistance to track international financial records. This crackdown highlights growing concerns over cryptocurrencies being used to bypass traditional financial monitoring in Kenya.
Binance introduced a new AI-powered assistant called P2P Skill on July 24, designed to simplify peer-to-peer trading. This feature allows users to execute trading tasks using natural language commands instead of navigating complex menus. The innovati...
BNB Chain's 30-day spot DEX trading volume is closing in on Base, with $22.6 billion versus Base's $24.5 billion. On shorter timeframes, BNB Chain already leads, posting higher daily and weekly volumes. BNB Chain's volume is driven mainly by PancakeS...
Futu NiuNiu has introduced a real-time trading service for Binance Coin (BNB) on its brokerage app, allowing users to trade BNB with live price execution rather than delayed quotes. This move enhances retail access by integrating a major altcoin into...
Most major cryptocurrencies saw price declines, with Bitcoin trading near $64,067, down about 1%. Ethereum and other top coins like Solana and Cardano also fell, reflecting cautious investor sentiment. Some smaller tokens showed gains, but overall th...
Bitcoin traded slightly lower at around $65,716 while Ethereum and major altcoins posted modest gains, indicating a rotation of capital rather than broad market enthusiasm. Ethereum rose 0.42% to $1,924, outperforming Bitcoin which dipped 0.30%. Mark...
