Binance, a global cryptocurrency exchange, has made a strategic comeback in Belgium after facing a halt in its services due to regulatory tensions. The company is now channeling its services for Belgian clientele through Binance Poland sp. z o.o., which is registered as a virtual assets service provider (VASP) in Poland. Belgian users will need […]
Binance, a global crypto exchange, has announced that its Poland entity, Binance Poland sp. z o.o., will be providing services to residents of Belgium. This follows an order from the Belgian Financial Services and Markets Authority (FSMA) to stop offering crypto exchange and custody wallet services due to violations of the country’s Anti-Money Laundering and […]
Supra, a leading blockchain organization, has announced the creation of HyperNova, a bridgeless technology that facilitates cross-chain communication directly via L1 consensus. This groundbreaking new methodology eliminates the need for a centralized bridge, making blockchain connections more secure, reliable, and scalable.HyperNova works by using Supra’s novel, low-latency, consensus algorithm, known as Moonshot Consensus, to understand […]
Supra, a leading blockchain organization that provides Oracle and Verifiable Random Function (VRF) services, has announced the creation of HyperNova, a bridgeless technology that facilitates cross-chain communication directly via L1 consensus. This eliminates the need for centralized bridges, which can be a single point of failure and a major vulnerability in Web3. HyperNova’s bridgeless technology […]
Supra, a leading blockchain organization that provides Oracle and Verifiable Random Function (VRF) services, has announced the creation of HyperNova, a bridgeless technology that facilitates cross-chain communication directly via L1 consensus. This groundbreaking new methodology eliminates the need for a centralized bridge, making blockchain connections more secure, reliable, and scalable.HyperNova works by using Supra’s novel, […]
Binance, the world’s largest cryptocurrency exchange, has announced new trading conditions for its Russian user base on its peer-to-peer platform. Russian users are now restricted to using only the Russian ruble for transactions on the platform. Additionally, Russian nationals residing outside the country are now barred from accessing key global currencies, such as the euro, […]
Binance, a cryptocurrency exchange, has recently imposed restrictions on its Russian customers on its peer-to-peer (P2P) trading platform. Russian customers are now only allowed to use the Russian ruble (RUB) on the platform, and must have the Russian Know-Your-Customer (KYC) verification and reside in Russia in order to use the currency. The announcement has caused […]
The stablecoin sector has seen a decline in its collective market cap, dropping from over $150 billion a year ago to $123.6 billion as of Aug 28. This is largely attributed to a liquidity crunch, with no new inflows and money leaving the crypto sector faster than it is coming in. This has put additional […]
At least two major crypto exchanges, ByBit and OKX, have followed Binance in excluding Russian banks under international financial sanctions from their payment options. Tinkoff Bank and Sberbank are no longer available on the list of P2P transactions on these exchanges. According to Russian media, local users can no longer receive fiat money in exchange […]
Standard Chartered Bank (StanChart) wants to establish an institutional trading platform for cryptocurrencies in the UK and Europe. The new exchange is expected to launch in the fourth quarter of 2021, depending on approvals from the relevant regulators. London-based Standard Chartered is one of the most influential financial institutions globally. Its innovation arm now wants to create […]
