Author: dfmines

Bitcoin’s steady climb toward new highs is bringing about the usual breakout from legacy altcoins like LTC, BCH and XLM.

https://preview.redd.it/3fdql4oclyl71.png?width=400&format=png&auto=webp&s=d26a018834bf49368302bb46727f8326b487e1ff Hello fellow redditors I hope you are having a great day. I'm part of a start up that is currently working on dynamic NFT's that have access to oracle data. Heres a little more info on the project itself. We are creating an editor that allows creators to not only mint NFT's but will…
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Singapore Monetary Authority has placed the Binance exchange on its alert list of investors on Wednesday. This is due to some concerns about the possibility that the crypto exchange might have violated the local payments laws. On Sunday, the global crypto exchange has announced its intention to cancel its product offering in the country. This is amidst regulatory warnings from Singaporean Financial Regulators that Binance seems to have violated local payment regulations. Related Reading | New To Bitcoin? Learn To Trade Crypto With The NewsBTC Trading Course Binance is a cryptocurrency exchange currently the largest exchange globally in terms of the daily trading volume. It was founded in 2017 and is registered in the Cayman Islands. Binance Limits Product Offerings In Singapore From Thursday, the residents of Singapore will cease to trade cryptos or receive payments in SGD-Singapore dollars. In addition, a blog Sunday post stated that the crypto exchange’s mobile application would be deleted from Singapore’s Google or Apple play stores. The exchange stated that they would remove all SGD trading pairs on Thursday at 04:00 UTC. They advised users to ensure that they completed all peer-to-peer trades 24 hours before the scheduled deadline. The Binance’s decision to halt some product offerings was a few days after receiving a warning from the Monetary Authority of Singapore. MAS gave a warning that Binance may be bridging the Payment Service Act of the Country. As a result, they added the crypto exchange to the investor’s alert list of the regulator on Wednesday. In the list were unregulated individuals who may have given people the wrong perception of being regulated or licensed by MAS. Binance faces upheaval from various financial authorities globally for proposedly not complying with the local regulations. These include the provision of crypto exchange services without obtaining appropriate licenses. Germany, Japan, the Canadian province of Ontario, and the United Kingdom all went down on the exchange offerings this summer. The most recent one is the South African regulator’s warning to its residents on crypto exchange unauthorized operation within the country. Regulatory Issues And Binance U.S. The regulatory issues seem to attract negative attention to the popular crypto exchange that operates as an independent legal entity. As a result, investors following the latest development have backed out of a funding round worth $100 million for US exchange. At the time of writing, BNB trades sideways | Source: BNBUSD on TradingView.com This made the funding round fail; it may have led to the reason why Brian Brooks resigned as the CEO of Binance us after only three months of leadership. Related Reading | Singapore Central Bank Selects 15 Firms For Retailing CBDC However, Binance global exchange handles more trades compared to other platforms despite the regulatory upheaval. The trade volume of Binance, according to the coin market cap on Sunday, was over $24 billion. Featured image from Pixabay, chart from TradingView.com

El Salvador is the first country in the world to recognize Bitcoin as legal tender. Despite opposition from local groups, the government believes cryptocurrency will be a net positive for the economy and society.

I mined 5 ethereum back in 2016 on an old PC and I have the files from that old PC but I cannot for the life of me figure out how to access the "coins" stored in my wallet. I had the wallet code and looked it up but it says I have a 0…
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Bitcoin will become legal tender in El Salvador on Tuesday, Sept. 7. The Salvadoran government has started buying bitcoin ahead of the law taking effect. The first 200 coins have been purchased and “a lot more” are coming, said President Nayib Bukele. El Salvador Begins Mass Buying Bitcoin Ahead of Bitcoin Becoming Legal Tender El […]

Spanish crypto exchange Bit2Me announced today it successfully closed the first phase of its public ICO (Initial Coin Offering) in just 59 seconds, reaching the figure of 5 million euros raised. The Spanish cryptocurrency platform already raised 2.5 million euros in a private round at the beginning of August. I In total, Bit2Me has now…
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So I had to move some Monero between exchanges but since i'm paranoid as sh*t i always send a low transaction first to check if it works. However after 30 minutes it was still not there. Me thinking it was probably some network congestion, I go to sleep. Day after, still not there. So I…
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