The number of spot trading pairs across major cryptocurrency exchanges has declined over the course of the year, according to data compiled by The Block Research.

Despite the lack of recognition from most African governments, cryptocurrency traders are still utilizing various exchanges across the continent. These exchanges offer different transaction costs and trading options, allowing customers to track their investments. Among the recommended exchanges are Bybit, Kraken, Coinbase, Binance, and Gemini, with the latter two prioritizing security and offering tools for passive income generation. Gemini is also a qualified custodian under the New York State Department of Financial Services, emphasizing its regulatory compliance.

Bitcoin's resistance at $31,000 could result in liquidations if it fails to break above it, while Binance CEO CZ predicts a bullish future for Bitcoin post-2024 halving and suggests that BlackRock's involvement in the crypto market will be beneficial. The top 10 cryptocurrencies, including BTC, ETH, BNB, and XRP, exhibit positive sentiment, with potential breakouts anticipated, but readers are advised to conduct their own research before making any investment decisions as stated in the article.

Australian regulators are investigating Binance, requesting internal communications and data from employees, contributing to the exchange's mounting legal issues globally. Binance faces scrutiny from multiple jurisdictions, including the US, France, and the Netherlands, and its lack of a physical headquarters may worsen its situation despite its cooperation with regulatory requests.

Binance CEO CZ said on social media that the Multichain vulnerability has not yet affected Binance and Binance users, and we have exchanged all assets and closed the deposit function. Regardless, we offer assistance to help resolve this issue.

Binance CEO Changpeng "CZ" Zhao has stated that the recent departures of key executive personnel from the company are part of normal staff turnover. CZ tweeted that the reasons given by the news are completely wrong, and that turnover occurs in every company as markets and the global environment for crypto change.

According to Bloomberg, citing people familiar with the matter, Binance’s new general counsel to succeed Han Ng will be Eleanor Hughes. According to the LinkedIn page, Eleanor Hughes joined Binance in November 2021 and has successively served as Senior Legal Counsel and Head of Global Regulation, and Head of Legal Affairs for the Asia-Pacific Middle East and North Africa region.

Patrick Hillmann, Binance's chief strategy officer, has confirmed his departure from the crypto exchange on good terms after two years with the company. This follows reports that several top executives in the United States have also left as a result of a Department of Justice investigation into Binance's alleged violations of U.S. sanctions.

Binance, the world's largest cryptocurrency exchange, now holds almost 90% of TrueUSD after an overnight spike saw over $2 billion of the dollar-pegged stablecoin move to the platform. This brings Binance's TrueUSD holdings from less than $500 million to almost $2.7 billion.

In the past 24 hours, the sudden dip of Bitcoin from its 2023 high has resulted in hundreds of millions of dollars worth of crypto assets being liquidated. Coinglass, a market intelligence firm, reports that nearly $140 million worth of digital assets were liquidated from major crypto exchange platforms.