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In recent developments, the situation surrounding Tigran Gambaryan, a Binance executive, has worsened dramatically. Gambaryan, who is currently detained in a Nigerian prison on money laundering charges, is reportedly facing severe health issues due to inadequate medical care and limited access to legal representation.

In a move to replicate the success seen in Solana’s meme coin sector, Justin Sun’s Tron (TRX) is gearing up to launch a new meme coin initiative through the SunPump platform.

Gas fees are a fundamental aspect of blockchain transactions, representing the cost paid to validators for processing and validating transactions on the network. These fees are crucial for maintaining blockchain operations and ensuring the security and efficiency of transactions.

Bitrace has uncovered a new scam targeting cryptocurrency traders, involving the misuse of QR codes to steal wallet authorizations. Scammers are luring users with enticing over-the-counter (OTC) trade offers and TRX rewards, native to the Tron protocol, to execute their scheme.

In recent market fluctuations, crypto whales have strategically leveraged downturns to bolster their holdings, particularly in memecoins like PEPE. After a significant market slump that saw Bitcoin (BTC) and Ethereum (ETH) drop by over 20% and 24%, respectively, PEPE also experienced a 28% decline.

In a significant development for the cryptocurrency community, the Canadian trading platform ezBtc and its founder, David Smillie, have been found guilty of defrauding customers of approximately 13 million Canadian dollars ($9.5 million).