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Binance CEO: Crypto Prices May Fluctuate but Fundamentals Are Strong

Binance CEO Richard Teng has highlighted the significant interest in bitcoin and other cryptocurrencies, noting that U.S.-listed bitcoin exchange-traded funds (ETFs) had attracted over $14.7 billion in net inflows over…

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Nigerian Witness Says Binance Users Operate Under False Identities

A witness in the ongoing Nigerian money laundering trial against Binance has alleged that many local users of the cryptocurrency exchange platform are operating under false identities. The witness further…

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Sleeping BTC Wallets Reactivate, Bitcoin Dips, and More — Week in Review

Several longtime holders of Bitcoin have reactivated dormant wallets, moving substantial amounts of BTC after years of inactivity. Bitcoin’s price dipped to $56,952 amid speculation related to the Mt Gox…

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Kucoin to Implement 7.5% VAT on Transaction Fees for Nigerian Users

Nigeria-based KuCoin users will begin being levied a 7.5% value-added tax (VAT) on transaction fees starting on July 8. Some observers believe that Kucoin’s decision to implement this tax is…

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Incoming Binance Update Affecting Bitcoin (BTC) and Ethereum (ETH) Traders: Details

TL;DR Binance will terminate trading for six pairs, including BTC/AEUR and ETH/AEUR, effective July 5, possibly due to poor liquidity or other factors. Despite delisting some pairs, the company has…

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