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Binance plans to end its partnership with the Russian payment provider Advanced Cash (AdvCash), ending ruble-based transactions, the Wall Street Journal (WSJ) reported.  AdvCash was used to move funds between sanctioned Russian banks and the exchange, the WSJ said, citing sources close to the matter. #WSJ : #Binance plans to terminate cooperation with #Advcash This decision is due to the fact that Advcash allows you to transfer funds to the exchange to customers of Russian banks that have been sanctioned. #CRYPTO #Bitcoin #web3 #NFTs #ETHEREUM pic.twitter.com/UX2euPY5hn — NFT GURU BIG MIKE 🎁 𝗡𝗙𝗧 Promoter (@CRYPT056) November 1, 2023 This is in line with the exchange’s bid to fully exit the Russian market following intensive legal scrutiny following the Ukraine invasion. Binance entered into a partnership with Advcash in 2019, allowing consumers to make deposits and withdrawals in rubles. In this collaboration, Advcash provided l...

Fund management giant VanEck says conditions are becoming extremely favourable for B itcoin and the cryptocurrency industry as 2024 draws near. CEO Jan van Eck, speaking in an interview on the Empire podcast , said that Bitcoin has been established as the main alternative to gold as a store of value, that the Federal Reserve is moving toward a lower rates policy, and that the Bitcoin halving is expected in April. “You’ve got an almost close to perfect setup as a trade,” Van Eck said. A must-watch episode w/ CEO @JanvanEck3 and @mleinweber2 from @MarketVector 📺https://t.co/Fbc3beOmvN https://t.co/eGUwuqO3md — VanEck (@vaneck_us) October 31, 2023 Van Eck, who’s firm manages about $76 billion in assets, added that markets never seems to price in the halving, which thus always leads to a bull market. “Why don’t people anticipate this,” he asked. “There’s no accounting for the crowd.” A must-watch episode w...

Deutsche Bank and Standard Chartered test Universal Digital Payments Network (UDPN) for digital currency transactions. UDPN connects blockchain networks, facilitating seamless transactions between stablecoins and CBDCs. UDPN, with 25 participating organizations, aims to enhance digital currency transactions. Global banks Deutsche Bank and Standard Chartered are pioneering a groundbreaking solution that could revolutionize cross-border transactions in the realm of digital currencies. These financial giants are currently engaged in testing a network known as the Universal Digital Payments Network (UDPN), which has the potential to be a game-changer in the world of blockchain-based transactions. How the UDPN works UDPN, conceived as a permissioned blockchain system, is a brainchild of tech consultancy GFT Group and Red Date Technology, co-founder of the Chinese Blockchain-Based Service Network (BSN). The system is designed to facilitate seamless transactions ...

Bitcoin (BTC) eased past the psychologically important $30,000 level amid optimism over the imminent approval of spot Bitcoin ETFs after the Securities and Exchange Commission (SEC) dropped charges against two top Ripple executives last week. BTC was up 2% at $30,502 at 5:50am ET after ”Rich Dad, Poor Dad” author Robert Kiyosaki added to positive sentiment by tweeting that Bitcoin’s next stop is $135,000. Trading volume surged 27%. Gold will soon break through $2,100 and then take off. You will wish you had bought gold below $2,000. Next stop gold $3,700. Bitcoin testing $30,000. Next stop Bitcoin $135,000. Silver from $23 to $68 an ounce. Savers of fake dollars F’d. Please tell your friends to “Wake up.”… — Robert Kiyosaki (@theRealKiyosaki) October 20, 2023 The dominant cryptocurrency is up almost 10% in a week with lawyer Jeremy Hogan further adding to positive sentiment when he tweeted that “For all Intents and Purpo...

Shiba Inu (SHIB) is facing a sharp decline in price and whale activity. SHIB’s decline is raising doubts about the meme coin’s future in a competitive crypto market. Memeinator, a new AI crypto project, aims to dominate the meme coin market with its MMTR token. In the volatile world of cryptocurrency, Shiba Inu (SHIB) has recently faced a dramatic decline, with its price hovering near yearly lows. SHIB’s struggles have raised concerns about its future in the crypto market. The once-soaring meme coin has faced several challenges, and its latest setback comes in the form of a mass exodus of large holders, often referred to as “whales.” Shiba Inu faces whale exodus Shiba Inu has witnessed a significant drop in the number of substantial transactions on its network, with large holders reducing their activity according to data from Etherscan. In the recent past, the number of these transactions significantly dwindled, marking a perio...

Binance and OKX have introduced localized domains and reduced offerings to comply with FCA’s FinProm rules. The FCA has added other major exchanges like KuCoin and HTX to the list of “non-authorized firms.” Besides crypto exchanges, crypto money payment company MoonPay has also complied with the new regulations. Leading cryptocurrency exchanges Binance and OKX, along with crypto payment service MoonPay, have taken significant steps to adhere to the United Kingdom’s latest Financial Promotions (FinProm) Regime, enforced by the Financial Conduct Authority (FCA) on October 8. These regulatory changes in the UK are aimed at fostering transparency and fairness in promoting cryptocurrency products and services in the UK. And while some companies like Binance, OKX, and MoonPay have complied with the new regulations 143 other organizations, including Huobi and now known as HTX and KuCoin, have been added to the warning list for non-compliance....

The US Treasury Department has sanctioned an Ethereum wallet linked to Jiminez Castro, a Mexican with ties to the Sinaloa Cartel’s fentanyl trafficking operation. Sanctions against ten individuals, including the Cartel’s affiliates and fugitives, were announced in a press release published Tuesday by the Treasury Department. Castro, who ran an Ethereum wallet used for aiding the cartel, was among those named in the release. “Mario Alberto Jimenez Castro (Jimenez Castro) reports directly to a Chapitos deputy and operates a money laundering organization that uses virtual currency and wire transfers, among other methods, to transfer proceeds from illicit fentanyl sales in the United States to Sinaloa Cartel leaders in Mexico, the release said. “Jimenez Castro has directed U.S.-based couriers to pick up cash in the United States and deposit it into various virtual currency wallets for payment directly to the Chapitos and for reinvestment in fentanyl production....

Open Games Builders partners with Boba Network. The blockchain landscape is set for a notable enhancement as Open Games Builders, backed by industry titan Google, confirms its deployment on the renowned Boba Network. This synergistic collaboration underscores the evolution of blockchain gaming, emphasizing faster transactions and diminished costs. Boba Network, the only multichain layer 2, is recognized for its capability to tap the potential of rollup technology. This, in turn, paves the way for streamlined interoperability between diverse blockchains and real-world applications. Given Boba Network’s compatibility with EVM-based tools and its successful multichain support for platforms like Ethereum and BNB this integration with Open Games Builders is set to redefine blockchain gaming dynamics. Open Games Builders has carved a niche in the gaming sphere, introducing innovative solutions by leveraging blockchain technology. With a significant reduction in the time required for integrat...

Petra will add Coinbase Pay to its mobile and desktop applications. It expects the collaboration to help make crypto transactions more seamless. Petra has integrated into more than 160 decentralised applications to date. Petra – a crypto wallet by Aptos Labs – has decided to integrate Coinbase Pay into its mobile and desktop applications. What does it mean for the web3 users? The collaboration, it is convinced, will help make crypto transactions more seamless for the web3 users. According to Mo Shaikh – the Chief Executive of Aptos Labs told TechCrunch today: In order to grow the web3 ecosystem, everyday activities like financial transactions have to be easier. Consumer adoption does not happen without it. Full stop. Petra has already integrated into PancakeSwap, LayerZero, Pyth and about 160 other decentralised applications to date. Aptos had previously partnered with Sushi as well to secure access for users to non-EVM chains. Shares...

Deutsche Bank will provide its customers with crypto custody services via a partnership with Swiss digital asset infrastructure firm Taurus. The move underscores the growing prominence of digital assets in the financial world, and indicates the rising acceptance by mainstream financial titans of the need to provide customers with crypto services. “ As the digital asset space is expected to encompass trillions of dollars of assets, it’s bound to be seen as one of the priorities for investors and corporations alike,” said Paul Maley, global head of securities services at the German banking giant. “As such, custodians must start adapting to support their clients.” We’re pleased to announce that Deutsche Bank has entered a global agreement with Taurus! 🤝Deutsche Bank will leverage Taurus custody and tokenization technology to manage cryptocurrencies, tokenized assets, and digital currencies.https://t.co/HRJx76NvWt pic.twitter.com/EhTB3gsJgF ...

HTC, one of the largest smartphone manufacturers, has unveiled a “Viverse” phone that will support the metaverse and support cryptocurrencies and non-fungible tokens (NFTs). HTC unveils a metaverse phone HTC Desire 22 Pro will be among the first phones entering the Web3 world. The phone will come with installed applications allowing users to access metaverse content. The phone will also have crypto and NFT functionality. One of the top Features of the phone is the Viverse app. The app will allow users to buy NFTs on a digital marketplace while creating their own virtual space. This is not the first crypto-inspired phone launched by HTC. Like the other phones, the Desire 22 Pro will also have an in-built crypto wallet supporting Ethereum and other assets based on the Polygon blockchain. This device will also be compatible with the HTC lightweight Vive Flow VR headset. It will also come with a Vive Manager app that allows them to create and manage their VR hardware...

Cryptocurrencies made it big in 2021, and part of the credit for their recognition can be attributed to the wild popularity of meme coins . These meme coins overwhelmed investors with their returns, setting much-needed benchmarks for this entirely new ecosystem of cryptocurrencies. Dogecoin led the phenomenon, followed by many other similar coins including Shiba Inu. Market forces such as constant support from Elon Musk on Twitter and dedicated media coverage were accountable for their fair share of contributions as well. Today, meme coins account for a considerable portion of cryptocurrency investments and continue to get many new investors onboard every day. However, a wave of skepticism has started to circulate among investors regarding the future of these coins. And to a certain extent, it is justified. People are concerned if meme coins will exist in the future, and if they’re any worth at all. Don’t be surprised if you were thinking the same. But before you w...

Join Our Telegram channel to stay up to date on breaking news coverage In a significant activity in the state’s battle against climate transformation, California, the most extensive state and the heart of American auto culture, would restrict the sale of fresh Internal Combustion Engine Cars By 2035. The law, which the California Air Resources Board unveiled on Thursday, will oblige companies to quicken the production of cleaner cars, pickup trucks, and SUVs beginning in 2026 until the state solely permits sales of zero-emission vehicles. The transportation industry is the primary emitter of greenhouse gases in California After Governor Gavin Newsom announced a goal for 2020 to hasten the transition away from internal combustion engines, the vote was unanimous. The transportation industry is the primary emitter of greenhouse gases in California, which has seen unprecedented droughts, wildfires, and poor air quality as a result of climate change. The decision is expected...

Join Our Telegram channel to stay up to date on breaking news coverage The cryptocurrency market has enjoyed a bounce in the past 24 hours, after a mixed week. Its total cap has risen by 6% in the past day, at $1.077 trillion. This is a 5.3% rise in a week, and a 4.7% drop in a month. With Ethereum’s Merge due at some point early next week, the market could see plenty of positive action in the next few days. Accordingly, here’s a list compiling some of the most promising coins in the short (and long) term. These 5 cryptocurrency could see price boom this weekend. These 5 Cryptocurrency Could See Price Boom This Weekend 1. Battle Infinity (IBAT) IBAT is up by 1% in 24 hours, at $0.00401539. It is, however, down by 12% in a week. IBAT’s chart suggests it has just begun an upswing, after bottoming out. With the overall market seemingly about to rally as a result of the Merge, this could very much be the case. IBAT is one of the most promising new altcoins on ...