Russia expands its sanction list, including Binance U.S. Head of Investigation, BJ Kang, among 500 entities facing travel and financial restrictions. Binance is under scrutiny for reportedly generating high traffic from Russia, raising concerns over compliance with U.S. sanctions amid the ongoing Russia-Ukraine crisis.
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Arbitrum’s Price Surge: Behind the Rally and Potential Headwinds
ARB’s price rose by 9% as US Senate voted to raise the debt limit, sparking market interest. Trader Andrew Kang’s $1M stablecoin deposit into Arbitrum pools fueled speculation of leveraging ARB. However, potential headwinds and a bear flag pattern may hinder ARB’s rally.