None of the faucets in these Test Networks are working. Rinkeby, Ropsten, Goerli and Kovan all seem to be packed with unfulfilled requests from days ago. What do you guys think about this? Any way around it? On an unrelated sidenote, I would appreciate a donation on 0xF5591E14eB99aB51C10ba75DabA7d0D6345293eb in any of these networks. submitted…
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Everybody inside and outside of the metaverse world knows that land ownership is important, and acquiring a plot of land is a very traditional investment. What most people outside of the metaverse world don’t quite understand — or are still not convinced of — is why people want to become landowners in the metaverse, and […]
Have a lot of free time on my flight tomorrow, pitch me some eth dev ideas and i'll work on them:) submitted by /u/Jon-Becker [link] [comments]
Binance, the world’s largest cryptocurrency exchange by trading volume, is still dealing with regulatory issues in 2021. According to a Reuters story, the country’s Financial Crimes Investigation Board has fined Binance’s Turkish affiliate, BN Teknologi, an 8 million lira (about $751,314) penalties (MASAK). Binance Turkey Fined Binance Turkey was fined 8 million lira (almost $750,000) by the Financial Crimes Investigation Board (MASAK) after failing the financial watchdog’s audit for monitoring Anti-Money Laundering (AML) compliance. The Financial Crimes Investigation Board (MASAK), Turkey’s financial intelligence branch under the Ministry of Finance and Treasury, found Binance’s Turkey operations in violation of rules designed to prohibit the laundering of money obtained through illegal methods. According to Anadolu Agency, MASAK audited Law No. 5549 on Prevention of Laundering Proceeds of Crime, also known as the AML Law. BNB/USDT trades at $543. Source: TradingView The Turkish Anti-Money Laundering Law requires companies to identify and verify the personal identification information of customers on the platform, which includes information such as surname, date of birth, T.C. identification number (the Turkish equivalent of a social security number), and type and number of identity documents. Businesses must also report the authorities of questionable activity within a 10-day period, according to the regulation. The sentence issued on BN Teknoloji, according to Anadolu, was the first of its kind since the government assumed responsibility for overseeing crypto asset service providers in May. The news organization did not disclose any additional information on the violations or inspections. Related article | Binance ’s Road To Compliance Continues With A List Of Rights For Crypto Users Long History Of Woes With Regulators Binance, being one of the oldest and largest cryptocurrency exchanges, has been subjected to a great deal of regulatory scrutiny. Binance was created in China in 2017, but had to shift to Japan the following year due to China’s tougher attitude on the cryptocurrency business. While authorities have scrutinized the exchange over the years, 2021 put it through the wringer. Several regulators have taken action against Binance, ranging from orders to shut down its operations to restrictions on the services it can provide. The United States, the United Kingdom, Italy, Germany, Poland, the Netherlands, Malta, Singapore, and Japan are among the countries that have tried to regulate the prominent exchange. Binance’s reaction to the restrictions has been mostly favorable, and they appear to have recovered. The fact that the exchange has indicated intentions to open offices throughout the world to better interact with authorities is indicative of this. Related Reading | Binance CEO Changpeng Zhao States, “Compliance Is A Journey.” Featured image from Global Crypto, chart from TradingView.com
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Hi, I would like to understand this statement better: "Ethereum's scaling bottleneck is not the time it takes to reach consensus but cost of verifying the chain. If the state of the network grows too fast, the chain becomes too expensive to verify." Could someone give it a go in ELI5 terms? Why does ETH…
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I've been involved in crypto since 2017, just dipping my toes in at that time with a little CPU and GPU mining. Some time in 2019 I bought my first little bag of a promising new project: MATIC. I sold it in late 2020 to buy more ETH to gamble on shitcoins. One of those…
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For the doctors, researchers, advocates, nurses, epidemiologists who understand Blockchain/ETH. As you know, in America, we have a huge issue with a common medical record number. On top of that there is 'security' that is really lame mostly with people following HIPAA guidelines but there are breaches in de-identification of patients. However, there is an…
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I claimed the opendao airdrop and now trying to sell for ETH using metamask swap. But the transaction is just stuck 🙁 I didn't do any custom gas fees. Any thoughts? Can I do something? submitted by /u/travellingRed [link] [comments]
