Credit card processor Checkout.com cut ties with Binance due to AML issues. Forbes reported in a report published on August 18 that Binance is reportedly considering legal action. Binance recently announced the closure of Binance Connect, its regulated buying and selling cryptocurrency division. UK-based payment processor Checkout.com, which was one of Binance’s largest payment partners, has reportedly ended its relationship with the giant cryptocurrency exchange. report published Forbes reported on August 18 that the London-based company informed Binance of the move this week after sending letters on August 9 and 11. In the letter, Checkout.com cites various regulatory actions against…
Author: Crypto Flexs
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Ethereum co-founder Vitalik Buterin outlined an ambitious set of proposals for the Ethereum network focused on solving critical problems such as centralizing staking, increasing scalability and security. In an interview with Turkish NFT platform Defiant, Buterin emphasized the need to overhaul Ethereum’s staking mechanism to improve decentralization. “We need to foster healthier staking pools,” he emphasized, adding that one of the biggest changes “is the realization that something needs to be done about centralizing staking, and the current state of the various pools (…) is not very healthy, and I think there is a big opportunity to redesign the staking…
The new Binance CEO revealed that Binance will begin operating a traditional corporate structure under his leadership. New Binance CEO Richard Teng promised that the company would maintain a greater commitment to transparency going forward. Teng made this promise in his first blog post addressed to the company’s users. Mr Teng took over as CEO after Changpeng Zhao (CZ) pleaded guilty to money laundering and sanctions violations. CZ was asked to resign from the company as part of a $4 billion criminal settlement with the U.S. government. Before taking on the CEO role, Teng was a former regional market leader.…
I was about to go to bed when I saw this Twitter video. I wonder where humanity has gone. I’m looking at this and trying to understand everything, but I can’t find the answer to all of this… Who is Richard Medhurst? Richard Medhurst is a British-Lebanese independent journalist, political commentator and presenter. He received attention for his works that address a variety of political and social issues, including Middle Eastern geopolitics, corporate power, and global issues. Richard Medhurst is known for his critical analysis and perspectives on contemporary events and often shares his insights through videos and interviews. Watch…
money A financial technology company that aims to make digital currencies accessible, secure and simple to transact. It is the first electronic money institution (EMI) licensed to issue fiat currency on the blockchain. Monerium is approved in 27 European Union member states, Iceland, Liechtenstein and Norway. Monerium leveraged Ackee Blockchain to conduct a security review of the Monerium protocol with total time donations. 12 engineering days in the period between June 15 and July 4, 2023. Cryptocurrency Regulations Monerium EMI ehf. Authorized and regulated as an electronic money institution under Iceland’s Electronic Money Act No. 17/2013, which implements the European…
NEMS token is coming Soon players will be able to cash out and earn real money through a special Play-and-Earn model. The Nemesis, a Metaverse company with a unique hybrid model that seamlessly integrates Web2 and Web3, is an industry first. Top 20 Web3 Virtual Worlds by Metaversed is pleased to announce the launch of our long-awaited ERC-20 payment token. Launchpad scheduled for release on May 8, 2023 coin bar, NEMS tokens are limited to Nemesis NFT holders (Companion, RC-NITRO and Lands). Any address that owns at least one NFT can purchase NEMS for 0,15$ per token. The official NEMS…
On October 20th, Uniswap founder Hayden Adams took a significant step by burning 99.9% of his HayCoin holdings. The value of the token has soared to over $4 million since the move. Adams’ decision comes amid a recent surge in trading activity and speculation within the cryptocurrency community. Uniswap creator burns HayCoin holdings Initially created as a testing mechanism for the Uniswap v1 launch, HayCoin was released with only a portion of its total supply, most of which was held in Hayden’s wallet. However, a recent unexpected surge in trading activity prompted Adams to start burning. “Cryptocurrencies can be weird…
Who on earth is this person? Irene Zhao, Simp-Queen mastermind on the SO-COL platform and Crypto Twitter influencer, explains that having a celebrity by your side can boost your NFT collection. IreneDAO, Zhao’s first collection of Simp DAOs and NFTs, launched with a rock-bottom price that was basically loose change in ETH. “It seemed like it was about zero-point ETH,” Zhao recalls. But things changed for Zhao when controversial YouTube star Logan Paul donated about $250,000 in January 2022. “I woke up the next day and the lowest price had gone up five times when Logan Paul bought about 20…
For every true blockchain project that leverages artificial intelligence to create a better world, like Dr. Ben Goertzel’s Singularity.net, there are 100 coins like AI Doge, which combines the hyperbolic terms “AI” and “Crypto.” Plog token. “It’s just a basic buzzword,” explains Near blockchain founder Illia Polosukhin, who worked on the groundbreaking “Attention Is All You Need” research that led to large-scale language models like ChatGPT and Claude.Polosukhin, one of the few people in the world who is well-versed not only in cryptocurrencies but also in AI, says that if you ignore the hype, the technology really suits you.“There are…
Argo Blockchain, a key player in the Bitcoin mining industry, has appointed digital asset and financial services veteran Thomas Chippas as its new CEO and director, signaling a strategic shift amid the company’s recent challenges and market volatility. Argo Blockchain, a prominent Bitcoin mining and technology company listed on the London Stock Exchange and Nasdaq, has selected Thomas Chippas as its new CEO and Director. Argo is pleased to announce the appointment of Thomas Chippas as CEO and Managing Director. Thomas was previously CEO of CBOE Digital and has executive experience at Citadel, Axoni, Citigroup and Barclays. Full RNS: https://t.co/sPpRBKozIZ—…