Nigeria defends Binance exec prosecution amid US lawmakers’ criticism
The minister assured that Binance had received appropriate consular access from the U.S. and all due care, following standard diplomatic protocols and the rule of law.
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Broker Launches ‘Trading Ideas’ Tool — Incentivizing Experts to Share Insights on Crypto
A contract-for-difference (CFD) broker says its platform is one of the first to operate in both crypto and fiat currencies — with a simple interface that’s designed to appeal to new and advanced traders alike.SimpleFX says that it already boasts more than 200,000 active traders around the world and aspires to become “the go-to app…

Turkish government to track crypto transactions over $1,200
Turkey’s Minister of Treasury and Finance sheds light on regulatory actions following an alleged $150-million crypto exchange scam. 11354 Total views 33 Total shares Crypto exchanges with a presence in Turkey must now inform the Financial Crimes Investigation Board, or MASAK, about any crypto transactions over 10,000 Turkish liras ($1,200). Turkish Minister of Treasury and Finance…

Much fun, no work: DOGE must ditch meme status to be valued as money
There is no denying the fact that Dogecoin (DOGE) is by far one of the most polarizing crypto projects in the market today. On one hand, many think of the cryptocurrency as largely being a joke that has long overstayed its welcome; however, there also those people — including many celebrities, business moguls, etc. —…

Binance Expands Fiat Trading Pairs for Singapore Exchange
Major cryptocurrency exchange Binance announced the expansion of its fiat-enabled trading platform in Singapore in a press release shared with Cointelegraph on July 10.Binance Singapore has been first launched in April, but with limited functionalities and only one trading pair. Now, Binance Singapore will now allow users to buy and sell cryptocurrency for Singapore dollars.…

Analysts Laugh Off Recent ‘One-Whale Theory’ of BTC’s 2017 Bull Run
Just a single player or entity was allegedly responsible for Bitcoin’s historic price surge, as suggested by a recently updated academic paper titled “Is Bitcoin Really Un-Tethered?” Originally released in the summer of last year, the study claimed that major Bitcoin (BTC) price manipulation occurred in winter 2017, prompting top cryptocurrencies to reach their all-time…

Fed Nominee: Need for a Digital Dollar is an “Extremely Important Discussion”
Treasury Secretary Steven Mnuchin wasn’t the only one to make waves at the U.S. Senate this week when it came to the future of currency. Tom Cotton, a Republican senator from Arkansas, spoke at length regarding digital currency while addressing the cameras and a nominee for the Federal Reserve Board of Governors, Judy Shelton:“We need…

How to prepare for the end of the bull run, Part 1: Timing
Bobby Lee “blames” his brother Charlie — the founder of Litecoin — for causing the 2017/2018 Bitcoin price crash.He’s joking of course. Sort of.Charlie famously sold the last tranche of his Litecoin holdings in December 2017 for $350 each.Bobby remembers seeing the news hit Twitter. “I was like, gosh, that probably marks the peak,” he…

Big Tech produced more carbon since 2019 than all Bitcoin mining ever
U.S. tech firms made huge commitments to “net zero” carbon emissions, but that was before ChatGPT hit the scene.