They were billionaires with cult-like followings. But now, life is unrecognizable for these two fallen crypto entrepreneurs.

Federal High Court in Abuja has ordered the detention of Tigran Gambaryan until his bail hearing on April 18. The executive of Binance has pleaded not guilty to money laundering charges in a Nigerian court.

Binance was once all in BRC-20 tokens. Now, it will cease the support for the Ordinals protocol NFTs. Users have until March 18 to move their assets.

Recent challenges and historical issues have put Waves under serious scrutiny, with Binance flagging potential standards concerns and previous project struggles casting shadows on future initiatives by founder Sasha Ivanov.

The board consists of three independent members and four company insiders. It's a step towards better governance, with some caveats.

Ethena Labs announces its ENA Governance token airdrop, distributing 750 million tokens, or 5% of its total supply, aiming for broader governance engagement. The project’s synthetic dollar stablecoin, USDe, offers a 35% APY, backed by notable investors and exchanges.

More crypto turmoil out of Nigeria today, with new charges of tax evasion filed against Binance, just days after one of their two detained executives somehow managed to escape custody.

The exchange has ceased activities in the country, but that hasn't stopped the government, which has detained two Binance executives for over three weeks already.