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Binance
Robinhood to Buy Crypto Exchange Bitstamp; Core Scientific Rejects CoreWeave's Buyout Offer
"CoinDesk Daily" host Helene Braun breaks down the biggest headlines impacting the crypto industry today, as trading platform Robinhood announced on Tuesday that it has agreed to acquire crypto exchange Bitstamp for $200 million in cash. Plus, Core Scientific has rejected the more than $1 billion buyout offer from cloud computing firm CoreWeave and Binance can once again allow Mastercard users to purchase crypto on the exchange.

Bitcoin Crosses $71K as BTC ETFs Score $880M Inflows; Kraken Lists PoliFi Tokens BODEN and TREMP
"CoinDesk Daily" host Helene Braun breaks down the biggest headlines impacting the crypto industry today, as U.S.-listed spot bitcoin ETFs recorded over $880 million in inflows on Tuesday, making it the best day of inflows since March. Plus, PoliFi tokens BODEN and TREMP saw gains after Kraken listing and a group of U.S. lawmakers asked President Joe Biden to bring back Tigran Gambaryan, the Binance executive detained in Nigeria.

Binance Asks UK Competition Tribunal to Throw Out Most of Collusion Case: Reuters
The case relates to the delisting of the BSV token in 2019.

Biden Urged to Act as Lawmakers Fear for the Life of Detained Binance Exec in Nigeria
Binance and Gambaryan are facing money laundering and tax evasion charges in the country.

CZ Begins 4-Month Prison Sentence; Polymarket Bettors Doubt Trump Will Go to Prison
"CoinDesk Daily" host Helene Braun breaks down the biggest headlines impacting the crypto industry today, including Binance founder Changpeng "CZ" Zhao reporting to a federal prison in California for his 4-month sentence. Plus, Polymarket traders doubt Trump will go to prison and Dapper Labs reached a tentative settlement agreement in its class action securities suit.

Options Traders Brace for Volatility as BNB Nears Record High
In anticipation of volatility, a number in the market are purchasing puts with with strikes in the $550-$650 range.

Former Binance CEO CZ Begins 4-Month Prison Sentence in California
Lompoc II, the California prison where CZ will serve his sentence, is a low-security facility.

The U.S. Response to Binance Exec Tigran Gambaryan's Detention Is Shameful
A mid-tier employee of the crypto exchange and U.S. citizen is being wrongfully detained in Nigeria, former DOJ national security expert Andrew C. Adams argues.

Binance Executive Jailed in Nigeria Is Suspected of Having Malaria, Family Says
“Despite a court order from Justice Emeka Nwite issued on Thursday, May 23, Tigran Gabaryan has still not been moved to hospital from Kuje prison,” a family spokesperson for Gambaryan said.
