Tag: Binance

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3 barriers preventing Web3 mass adoption — Trust Wallet CEO

Trust Wallet CEO says the current bear market could provide an opportunity for the Web3 industry to address consumer concerns before the next bull market. Widespread adoption of Web3 mayeventually become a reality but Trust Wallet CEO Eowyn Chen foresees three main barriers standing in the way of mass adoption. During the Australian Crypto Convention…
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Proof-of-Work Proponents Question Validator Censorship as 59% of Staked Ethereum Is Held by 4 Companies

Prior to The Merge, Ethereum used to have dozens upon dozens of mining pools dedicating hashrate toward the blockchain network. That has all changed and most of the miners transitioned or plan on transitioning to other Ethash compatible coins like ethereum classic, ERGO, and the new fork ETHW. Now Ethereum blocks are verified by validators…
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Binance partners with Ukrainian supermarket chain to accept crypto through Pay Wallet.

Customers who use the Binance Pay Wallet to pay for their orders will be eligible to enter a rewards program. Binance announced Friday that it has partnered with the Ukrainian supermarket chain VARUS, saying it will enable cryptocurrency payments for grocery purchases through its Binance Pay Wallet.  The grocery store is one of the largest companies…
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Amazon and 4 Others to Work on Digital Euro Prototype, White House’s ‘Comprehensive Crypto Framework’, Hong Kong’s Scam Warning + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Amazon and 4 Others to Work on Digital Euro Prototype, White House’s ‘Comprehensive Crypto Framework’, Hong Kong’s Scam Warning + More News  Read more »Sign up for e-EUR – the progressive…
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New Ethereum PoW Fork Gathers 60 Terahash From Well Known Pools, ETHW’s Price Shudders 39% in 24 Hours

Following Ethereum’s transition from proof-of-work (PoW) to proof-of-stake (PoW) roughly five different crypto assets were the main beneficiaries of Ethereum’s former hashrate. However, 24 hours after The Merge, anonymous developers launched an Ethereum PoW fork called ETHW and the fork has managed to garner 60.92 terahash per second (TH/s) of hashpower. However, ETHW has lost…
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Ukrainian Supermarket Chain to Accept Cryptocurrencies Through Binance Pay

Varus, a retailer with over 100 supermarket stores across Ukraine, has partnered with the world’s leading digital asset exchange, Binance, to launch cryptocurrency payments. Customers will now be able to order groceries online and cover the bill through a Binance Pay wallet. Ukrainians to Shop Online From Varus Supermarket Using Crypto Binance, the largest cryptocurrency…
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CZ Seals the Binance Love Affair With France – Says Paris is ‘Financial Hub for Crypto’ in Europe

France and the leading cryptocurrency exchange Binance have continued to deepen their relationship through collaboration, with founder and CEO Changpeng Zhao describeing capital Paris as the financial hub of crypto in Europe. … Read More: CZ Seals the Binance Love Affair With France – Says Paris is ‘Financial Hub for Crypto’ in Europe  Read more »Sign…
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Binance Sees Record Increase in Indian Users After Government Starts Imposing New Crypto Tax

The number of Indian users on cryptocurrency exchange Binance has soared after the Indian government began levying taxes on crypto transactions. Meanwhile, daily trading volumes at some major India-based cryptocurrency exchanges are down over 90% since the new tax rules took effect. Binance Sees Record Number of Indian Users The number of Indian user sign-ups…
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BNB Chain to collab with Google Cloud to bolster Web3, blockchain startups

BNB Chain ecosystem participants are set to have access to Google Cloud services in a newly formed collaboration. Binance’s smart contract blockchain platform BNB Chain has partnered with Google Cloud to bolster Web3 and blockchain startups. Startups that are currently building products and services on the BNB Chain blockchain will also be able to build…
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Team Behind Ethereum’s PoW Fork Aims to Launch Network 24 Hours After The Merge

While The Merge is expected to take place in less than two days, the Ethereum proof-of-work (PoW) fork is scheduled to go live 24 hours after the transition, according to ETHW developers. On August 8, 2022, ETHW exchanged hands for $141 per unit and today the crypto asset is down 73% lower in USD value.…
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