According to Nigeria’s securities regulator, Binance is neither registered nor regulated in the country, making its operations illegal.
Every Third Canadian HODLer Lost Money in Crypto Scams (Study)
Research carried out by contributors of the Toronto Metropolitan University (TMU) estimated that 35% of Canadians owning digital assets had fallen victim to crypto fraud. The study further determined that approximately 9% of the locals have purchased cryptocurrencies or NFTs, with the share being higher among individuals who graduated from universities. Less Educated People Seem […]
Nigeria’s SEC orders Binance Nigeria Limited to stop operations
Nigeria’s SEC said Binance Nigeria Limited is neither registered nor regulated and its operations in Nigeria are illegal. The order against Binance Nigeria Limited comes days after the US SEC sued Binance and its founder CZ. Nigeria’s SEC had previously said it viewed all crypto assets to be securities by default. According to a Friday […]
Terra Classic (LUNC) Analysis: Is The $0.00012 Target Within Reach?
During the past seven days, the price of LUNC, the cryptocurrency of Terra Classic, has displayed a back-and-forth movement characterized by alternating green and red candles. This pattern suggests a lack of dominance from buyers or sellers, indicating uncertainty in the market regarding the direction of the trend. Related Reading: Bitcoin (BTC) Lower Timeframe Outlook: […]
Jack Dorsey Is Defending Several BTC Developers Against Craig Wright
Jack Dorsey is creating what he’s calling the “Bitcoin Legal Defense Fund” that will, according to a recent statement, ensure the open-source nature of all bitcoin’s code. Jack Dorsey to the Rescue! The idea behind bitcoin is that it should help those who cannot gain access to standard financial products and services. Bitcoin doesn’t care […]
Gas usage for stablecoins, NFTs on Ethereum continues decline
Quick Take Ethereum gas usage by transaction type, specifically at stablecoins and NFTs, continues to drop. Stablecoin gas usage is currently at three-year lows, roughly 5% of the total gas usage, according to Glassnode data as of June 9. USDT makes up over 75% of gas usage on Ethereum. However, this demand seems to be […]
How the U.S. Debt Ceiling News May Impact Bitcoin, Ethereum, and Altcoins: Avorak’s Survival Strategy
The United States debt ceiling has been a hot topic of debate as the country’s debt keeps rising. Congress is responsible for setting this debt ceiling, and they set the limit of the amount of debt the U.S. government can issue. An increase in this limit results in more borrowing opportunities and increased government expenditure, […]
Types of Crypto Scams: Common Cryptocurrency Scams You Need to Watch Out for
Protect yourself and your cryptocurrency from these scams. Continue reading at DailyCoin.
Elon Musk Makes Surprising DOGE Mention in Cryptic Tweet
Tesla CEO has frequently reaffirmed his support for Dogecoin (DOGE)
AltSeason Could Differ Indefinately-Nearly $50B Wipped Out From the Altcoin Market Cap
The post AltSeason Could Differ Indefinately-Nearly $50B Wipped Out From the Altcoin Market Cap appeared first on Coinpedia Fintech News The SEC’s impact appears to have just begun as the tokens faced their first-ever “delisting” from a crypto exchange. The impact was extremely high as the prices of Cardano, Polygon, and Solana plunged heavily, dragging […]