Binance ex-boss CZ will be sentenced in April and the ring of FTX executivies that admitted to fraud are also set to soon be sentenced.

Nigeria has accused Binance and two of its executives of tax evasion, with the executives due to be arraigned in court. However, the hearing has been adjourned due to the inability to serve one of the executives with charges while in custody. The charges against Binance include non-payment of VAT and company income tax, as well as aiding customers to evade taxes. One of the executives, Tigran Gambaryan, remains in custody while the other, Nadeem Anjarwalla, has escaped.

BNB Chain has updated its DappBay high-risk DApp Red Alarm project list, with projects this week including Alaya AI, TIFI, and VizslaSwap.

Blockchain analyst @ai_9684xtpa has monitored that a whale address that previously accumulated ETHFI has deposited 350,000 ETHFI worth $2.38 million to Binance five minutes ago. If all of it is sold, a profit of $200,000 will be made. The remaining 490,000 ETHFI of the address has been transferred to address 0x056...Fabf8, with an average cost of $6.23 and a current profit of $270,000.

According to Spot on Chain monitoring, the second largest non-CEX AGIX holding address starting with 0x900 withdrew 1.21 million AGIX (approximately $1.63 million) from Binance 6 hours ago. It is worth noting that the whale currently holds 10.21 million AGIX (approximately $13.8 million), of which 8 million AGI (old version of AGIX) were withdrawn from Binance in October 2020 at a price of only about $0.041 (a total of about $330,000).

Binance announced its membership in the Global Travel Rule (GTR) Alliance. The alliance is a global community of virtual asset service providers using the same solution to comply with an important international anti-money laundering rule. Binance stated that joining the GTR Alliance will ensure higher levels of data security and regulatory compliance. This strategic move aims to keep Binance in line with Recommendation 16 of the Financial Action Task Force (FATF), a reporting requirement also known as the "Travel Rule" that has been implemented in multiple countries and will become a universal standard in the coming years.

According to reports from local media, the Philippine Securities and Exchange Commission (SEC) will continue to block the country's cryptocurrency trading platform, Binance. The regulator stated that its application submitted to the Philippine National Telecommunications Commission (NTC) has been approved, and the commission has requested the cancellation of local access to Binance's main website and other related platforms. In a letter to the NTC, Emilio Aquino, the chairman of the Philippine SEC, stated that Binance is "a threat to the safety of Philippine investment funds". Binance has been providing cryptocurrency savings accounts and leveraged trading products in the country without the necessary permission. Although the total number of Binance users in the Philippines is still unknown, the cryptocurrency news publication Coin Journal estimates that as of February last year, there were 7 million cryptocurrency owners in the Philippines, accounting for approximately 6.1% of the total population.

Floki hopes to expand beyond memecoin status by introducing debit cards, digital accounts and educational platforms for users.

According to an official announcement, Binance Spot API will undergo online upgrades for WebSocket API on March 20, 2024 (UTC time). During the upgrade process, users can continue to use WebSocket API and complete various operations. During the upgrade process, users' WebSocket connections may be interrupted before the 24-hour connection deadline. If this happens, users can reconnect to WebSocket API to resume normal operation. Note: This upgrade will not affect spot trading; After the upgrade is completed, the 24-hour connection deadline function will return to normal; After the upgrade is completed, Binance will update this announcement.

The Chamber of Digital Commerce believes that Gambaryan’s detention is arbitrary, without due process, and presents a significant challenge to international law norms and diplomatic relations.