Sa. Apr 13th, 2024

• Binance listing pushes Floki, Pepe up more than 50%
• WSB rallies over 200% after suspect offers refund option
• Israel seized nearly 200 Binance accounts over terrorism links over two years

Binance Listing Pushes Floki and Pepe Up by Over 50%

Binance recently announced that it would list Floki and Pepe, two digital tokens based on memecoin Wall Street Bets (WSB). This caused the token prices to surge more than 50%. WSB is a Reddit forum dedicated to stock market speculation.

Suspect Offers Refund Option, Causing WSB Value to Spike

Following the listing of the two tokens, a suspect from the WBS team offered a refund option for those who had bought them before the May 4 dump. The stolen funds were then refunded to a multi-sig wallet controlled by WSBMod and two crypto influencers, ZachXBT and Loopify. As a result of this news, the value of WBS spiked by over 200%.

Israel Seizes Nearly 200 Binance Accounts Over Terrorism Links

In related news, it was revealed that Israel has seized nearly 200 Binance accounts over suspected links with terrorism in the past two years. These accounts are believed to have been used to finance terrorist activities or launder money.

Voyager Intends To Return Customer Funds in Coming Weeks

Voyager, an American cryptocurrency broker-dealer platform that enables customers to buy digital assets directly from their bank account without fees or commissions, intends to start returning customer funds in coming weeks. The company was forced into receivership following allegations of fraud and misappropriation of more than $6 million from its customers’ funds.

Coinbase Reports 22% Revenue Growth Despite Net Loss of $79 Million for Q1Coinbase reported revenue growth of 22%, alongside a net loss of $79 million for Q1 2021 due to lower volatility during the quarter. Coinbase also noted that they expect lower volatility in Q2 as well and will continue investing in new products like staking services and debit cards while focusing on growing its international presence.

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