Concerns grow over Binance executive’s health during detention in Nigeria

Governance tokens are a type of cryptocurrency that allow tokenholders to vote on the direction of a blockchain project. The primary purpose of governance tokens is to decentralize decision-making and to give holders a say in how the project is run.Governance tokenholders are usually more invested in the project’s success as they stand to gain…

It has been a tremendous week for Bitcoin (BTC), as the price of Bitcoin rebounded from $3,800 to $6,800. However, a harsh rejection on Friday put a stop to the rally as the price dropped $1,200 within two hours. These have been unusual movements from Bitcoin, as the equity markets in the United States didn’t show…

The IRS has named the winners of its bounty program to track transactions on privacy tokens and layer-2 protocols. On Wednesday, the IRS awarded two $625,000 contracts looking for tracing tools for privacy token Monero and Layer 2 protocols. The winners were blockchain analytics firms Chainalysis and Integra FEC.The IRS initially publicized its quest for…

Financial clearing and execution company Apex Clearing confirmed it planned to open a dedicated cryptocurrency entity in a press release Wednesday, September 5.Apex, which has operated since 2012, will create Apex Crypto to give existing clients access to various cryptocurrencies, initially including Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Litecoin (LTC) among others.Investing platforms…

XRP’s price swung higher on Wednesday as its parent company, Ripple, entered an agreement with SBI Remit to back a remittance corridor from Japan to the Philippines.Positive news boosts XRP’s priceThe Ripple blockchain’s native cryptocurrency, also ranked as the sixth-largest digital asset by market capitalization, reached its one-month high of $0.759 after rallying 17.73% intraday.…

Professional traders are often perceived to be the smartest as they weigh the risks before investing in an asset class. Opposite to that, most retail traders only keep an eye on the possible profits and disregard the risk before investing.Therefore, the increase in the number of Bitcoin (BTC) addresses holding more than 100 Bitcoin to…

The Association of Banks of Russia has launched a dedicated expert center focused on cryptocurrency regulation. 638 Total views 20 Total shares Amid Binance halting its services in countries like Israel over licensing matters, the world’s largest cryptocurrency exchange by trading volume continues strengthening relations with Russia.Binance announced Thursday its entry into the Association of…

The new allocation extends DCG’s purchase authorization for the Grayscale Bitcoin Trust by $250 million. 1471 Total views 14 Total shares According to an announcement issued on Wednesday, DCG is now authorized to buy up to $1 billion worth of Grayscale Bitcoin Trust (GBTC).This development extends DCG’s prior authorization by $250 million if they choose…