Crypto exchange Binance hopes for regional expansion in Russia

Binance aims to expand its cryptocurrency exchange in Russia and its neighboring states, where the firm sees possibilities for growth and development under proper regulatory measures.  Binance is hoping to expand crypto activities in Russia.  In an interview with Reuters, Binance’s Eastern European director Gleb Kostarev stated that the Russian crypto market sees roughly $5 …

Nigerians attack Binance, trends #BinanceStopScamming

The largest crypto exchange by trading volume, Binance, is under fire from its users in Nigeria over the “unreasonable” closure of their accounts amidst other inappropriate activities carried out by the platform. Nigerians lash out at Binance According to a trending Twitter Nigeria hashtag, #BinanceStopScamming, which has generated over 20k tweets within the last 24 …

EU seeks to develop a government DNS resolver, block “illegal content”

In a document made public earlier this month the European Commission published a call-for-proposal for a European government controlled DNS resolver service. The reasoning behind the proposal is to protect the privacy of end-users and keep them secure by applying filtering functions to block malware, phishing and other cyber security threats. However, the proposal also …

The Sandbox partners with Warner Music Group to create a musical-themed Metaverse

Warner music group is planning a music theme virtual concert in partnership with the Sandbox Metaverse. Under the following agreement, the companies will be hosting live concerts in the Sandbox Metaverse featuring famous Warner Music artists. Warner Music Group all set to explore the Metaverse in partnership with The Sandbox The famous record label will …

Binance Begins Allowing EUR Deposits and Withdrawals via SEPA Payment Network

Crypto exchange Binance has partnered with Paysafe to allow EUR deposits and withdrawals via the SEPA payment network. “The full re-opening of SEPA channels will scale up across the markets in due course,” Binance noted. Binance Resuming SEPA Transfers in Phases Cryptocurrency exchange Binance announced Wednesday that it has “reopened EUR bank transfer by SEPA.” …

Global Chip Shortage Looms Over Bitcoin Mining Industry, ASIC Supply Tightens

While Bitcoin’s hashrate has been coasting along above 175 exahash per second (EH/s) and recently reached an all-time high, a global shortage of semiconductor chips could slow the growing industry. The shortfall of supply worldwide has disrupted major industries, and manufacturers like Taiwan Semiconductor Manufacturing Company Limited (TSMC) have seen stocks sink in value. At …

UAE Based Money Transfer Firm Announces Partnership With Ripplenet

Al Fardan Exchange, a money transfer firm, has joined up with Ripplenet in a deal that will see the company use the Ripplenet blockchain when sending funds across national borders. Al Fardan’s Reasons for Joining Ripple A United Arab Emirates (UAE)-based money transfer platform, Al Fardan Exchange, has partnered with Ripple in a deal in …

Crypto Swap Platform LetsExchange Grew 100x in Less Than a Year

press release PRESS RELEASE. LetsExchange.io, an instant cryptocurrency exchange platform, reports the tremendous growth it has achieved since its launch in early 2021. In March 2021, the platform had 6,000 active users from 20 countries. At the time, users could swap 200 digital coins and tokens, accounting for more than 40,000 crypto pairs. The figures …

Crypto Bull Market Not Over According to Analyst Justin Bennett – But There’s a Catch

Cryptocurrency analyst Justin Bennett says that market crashes don’t happen when everyone expects them to. Bennett tells his 97,800 Twitter followers that the crypto bull market is still intact, but a correction could be months away. “I don’t think the crypto bull market has ended. Markets don’t crash when everyone expects them to, and right …

Belgian MP becomes first European politician to accept salary in Bitcoin

Bitcoin (BTC) craze among lawmakers has reached the Belgian parliament now, as Brussels member of parliament Christophe De Beukelaer became the first European politician to convert his salary to Bitcoin. The Brussels MP’s monthly salary of EUR 5,500 will be converted to Bitcoin using Bit4You crypto trading platform, reported Bruzz. Beukelaer who represents Humanist Democratic Centre …

‘Bull or bear market?’ Bitcoin losses from panic selling mount in 2022

Bitcoin (BTC) sellers’ losses are mounting as the BTC price downturn shows that some investors are panicking at current prices. Data from on-chain analytics firm Glassnode and trading suite Decentrader shows that in January, more and more BTC entities have been selling coins for less than they purchased them. On-chain loss selling now “consistent” While …

First DEX on Internet Computer launches, others coming soon

The first decentralized exchange on the Dfinity Foundation’s Internet Computer blockchain went live this week, following up on the recent release of a new whitepaper. And according to information shared with Cointelegraph, there are already two other exchanges in the works. The first version of the new DEX called Sonic launched to mainnet on Sunday. …

Chinese food delivery giant joins CBDC efforts

China’s food delivery giant Meituan has become the latest tech firm to integrate central bank digital currency (CBDC) payments for its services. Meituan users can link the digital yuan wallet to their service app and use it for a range of daily services such as booking hotels, cabs and paying at restaurants. The food delivery …

Putin Wants Crypto Regulation In Russia Instead Of A Proposed Outright Ban

Putin says that a surplus of electricity and well-trained personnel give Russia a “competitive advantage” in crypto mining. Russian President Vladimir Putin seems to be on the side of the crypto community when it comes to the future of cryptocurrencies in the country. The mining of digital assets has come under high scrutiny by Russian …

MetaMask Institutional has added Castus Custody into its platform

MetaMask Institutional (MMI) has now integrated Cactus Custody, its first multichain digital asset, into the platform. The institutional customer feature of MetaMask wants to raise its offerings and improve on the services offered by the platform. The Matriport owned Cactus Custody initially partnered with MetaMask Institution in October last year to integrate its ‘DeFi Connector’ …

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