Nigerian central bank alleges unauthorized transactions by Binance
In a Nigerian court on Friday, July 5, Binance’s illegal operations were highlighted, with Central Bank official testifying on lack of necessary licenses and regulatory approval.
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Maker founder proposes MetaDAOs and synthetic ETH in ‘Endgame Plan’
Rune Christensen has envisioned the final form of Maker governance, and it includes MetaDAOs, new governance tokens, and a new version of Synthetic Ether. 137 Total views 5 Total shares The co-founder of MakerDAO Rune Christensen has issued a new monumental proposal to push the project into its final form called The Endgame Plan. Across 3,000…

A new trend? Non-crypto CEOs and celebrities embrace Bitcoin on Twitter
A growing number of business leaders and celebrities — e.g., Elon Musk, Jack Dorsey, Alex Ohanian and, most recently, Ricardo Salinas — have added the Bitcoin hashtag to their Twitter biographies. It hasn’t gone unnoticed. When Elon Musk added #Bitcoin to his bio in late January, Bitcoin soared by 20%.If indeed a succession of billionaires…

Biggest fears about Bitcoin’s future: Industry weighs in
Reddit’s Bitcoin community remains optimistic about BTC, but members are still eager to discuss the most valid concerns regarding Bitcoin's future.

BTC price cancels FTX losses — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week at new 2023 highs but still dividing opinion after a blistering price rally.In what is shaping up to be the antidote to last year’s slow bleed lower, January has delivered the volatility Bitcoin bulls were hoping for — but can they sustain it?This is the key question for market…

Thiel’s Valar Ventures leads 3rd raise for Bitpanda, at $4.1B valuation
Vienna-based Bitpanda's valuation has shot up to $4.1 billion, three times its value during the crypto broker's last private funding round in March. 458 Total views 77 Total shares Vienna-based cryptocurrency broker Bitpanda has closed its third major private financing round led by Peter Thiel’s Valar Ventures. Raising $263 million, and drawing in new investments from…

Bitcoin and Stocks Break 2019 Reverse Correlation Trend — Chart Data
In many ways, Bitcoin (BTC) and the crypto markets as a whole live somewhat independently from traditional markets. The global crypto space never sleeps, operating at all hours of the day on a global scale.Traditional market price movements and conditions, however, may still have an impact on Bitcoin. If the economy is healthy, seeing rising…

Brazil Central Bank Adopts IMF Guidelines for Crypto Classification
The Central Bank of Brazil has moved to classify bought or sold cryptocurrency assets per International Monetary Fund (IMF) guidelines.Brazil’s central bank announced its decision on Aug. 26. With the new classification under IMF standards, traded cryptocurrencies will be classified as non-financial products and as such, will be accounted as goods on the central bank’s…

Crypto OTC Trading, Explained
1. What is OTC trading? Generally speaking, over-the-counter (OTC) trading is a deal that happens directly between two interested parties — that is, without the supervision of exchanges. OTC deals involve a wide range of assets — from commodities to financial instruments like stocks and derivatives. Unlike traditional exchanges, the OTC market is decentralized and…