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Binance continues to violate Western sanctions - BNB hits a yearly low

Big Cap

Binance continues to violate Western sanctions - BNB hits a yearly low

Binance faces accusations of aiding Russians in transferring funds abroad, further complicating its legal situation amidst turmoil in the United States. Despite sanctions, Binance allegedly facilitates fund transfers for Russians? According to the latest findings from The Wall Street Journal, Binance has reportedly processed up to $8 billion USD in

By Web3 Station 22 Aug 2023
Solana Pay integration with Shopify

Big Cap

Solana Pay integration with Shopify

Shopify, a Canadian e-commerce giant, has announced its integration with Solana Pay, the payment protocol of the sixth-largest blockchain Solana. The collaboration between Shopify and Solana Pay aims to provide millions of merchants with more dynamic and efficient payment options. According to Josh Fried, Business Development Lead at Solana Foundation:

By Web3 Station 22 Aug 2023
Stablecoin USDC Launches on 6 New Blockchains

Big Cap

Stablecoin USDC Launches on 6 New Blockchains

Following its earlier announcement, Circle has commenced the deployment of USDC on 6 new blockchains, including Polygon PoS, Base, Polkadot, NEAR, Optimism, and Cosmos. With recent backing from Coinbase, the second-largest issuer of stablecoins is expanding USDC to 6 new blockchains, aiming to strengthen its market position amid the current

By Web3 Station 22 Aug 2023
Binance.US Partners with MoonPay to Support USD-to-USDT Transactions

Big Cap

Binance.US Partners with MoonPay to Support USD-to-USDT Transactions

Binance.US users in the United States can now purchase USDT using debit cards, credit cards, Google Pay, and Apple Pay. Binance.US Partners with MoonPay to Facilitate USD-to-USDT Transactions According to an announcement from Binance.US, to streamline the USD deposit/withdrawal process, the exchange has collaborated with the

By Web3 Station 22 Aug 2023
Binance Continues to Violate Western Sanctions - BNB Hits Yearly Low

Big Cap

Binance Continues to Violate Western Sanctions - BNB Hits Yearly Low

Binance faces allegations of aiding Russians in transferring funds abroad, exacerbating the already tangled legal landscape in the US. Binance Continues to Violate Western Sanctions - BNB Hits Yearly Low Despite sanctions, Binance allegedly facilitates transactions for Russian citizens? According to a recent report by the Wall Street Journal, Binance

By Web3 Station 22 Aug 2023
Big e-commerce giant Shopify integrates with Solana Pay

Big Cap

Big e-commerce giant Shopify integrates with Solana Pay

Solana blockchain's payment protocol integrates with the world's leading e-commerce platform Shopify. Big e-commerce giant Shopify integrates with Solana Pay Canada's e-commerce behemoth Shopify has announced integration with Solana Pay, the payment solution of the sixth-largest blockchain in the world, Solana. Josh Fried, Business

By Web3 Station 22 Aug 2023
Balancer Faces Critical Vulnerability, Advises Users to Withdraw Liquidity

DeFi

Balancer Faces Critical Vulnerability, Advises Users to Withdraw Liquidity

A critical vulnerability has been discovered in several pools on Balancer, prompting the project to advise users to withdraw their funds immediately. Incident Update: * Current Impact: As of 11:00 AM on 23/08, the incident is estimated to potentially cause $27 million in losses. Users are rapidly withdrawing their

By Web3 Station 22 Aug 2023
Binance Labs Invests in Pendle Finance

DeFi

Binance Labs Invests in Pendle Finance

Following the listing of PENDLE, Binance has announced a strategic investment in Pendle Finance. Investment Announcement: * Date: The announcement was made on the evening of 23/08. * Investment Details: Binance Labs, the investment arm of Binance, has made a strategic investment in Pendle Finance, a protocol designed to optimize yield

By Web3 Station 22 Aug 2023
Blackpink Launches Metaverse Experience on Roblox

NFT & GameFi

Blackpink Launches Metaverse Experience on Roblox

Blackpink, the globally acclaimed girl group, is set to debut a metaverse experience on Roblox. Blackpink Unveils Metaverse Experience on Roblox Developed by the British film company Karta, the metaverse space reflecting Blackpink's unique style will be launched on August 25. Named “Blackpink: The Palace,” the application promises

By Web3 Station 22 Aug 2023
Coinbase Invests in Circle, Expanding USDC Stablecoin to 6 New Blockchains

Big Cap

Coinbase Invests in Circle, Expanding USDC Stablecoin to 6 New Blockchains

Coinbase continues to bolster support for Circle's USDC stablecoin, both financially and in terms of market coverage within the cryptocurrency sector. Coinbase Invests in Circle, Expanding USDC Stablecoin to 6 New Blockchains. Photo: Circle In an announcement made on the evening of August 21 (U.S. time), leading

By Web3 Station 21 Aug 2023
Representation Contract for "Capitalization" of friend.tech Accounts Trading on Aevo

Big Cap

Representation Contract for "Capitalization" of friend.tech Accounts Trading on Aevo

The recent derivatives trading platform Aevo has listed a futures contract representing the "market capitalization" of accounts on friend.tech. Representation Contract for "Capitalization" of friend.tech Accounts Trading on Aevo Debuting yesterday (08/21), the FRIEND-PERP contract represents the "capitalization" index of accounts

By Web3 Station 21 Aug 2023
Recur Announces Closure Despite Raising $50 Million

NFT & GameFi

Recur Announces Closure Despite Raising $50 Million

Recur, a prominent NFT startup, is the latest company to shut down amidst the ongoing crypto winter. Recur Announces Closure Despite Raising $50 Million Unable to withstand the challenges of the current crypto winter, Recur has announced that it will cease operations of its Web3 platform effective November 16 this

By Web3 Station 21 Aug 2023
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