Binance Pay enables UAE entrepreneurs repay loans with crypto
Following the integration of Binance Pay, Virtuzone joins the group of well-known companies in the UAE accepting cryptocurrencies. Binance established its footprint among Middle Eastern investors by operating several legally sanctioned businesses in Abu Dhabi, Dubai, and other areas. By collaborating with business lender Virtuzone, Binance has made it possible for new business owners to […]
Iranian companies get go-ahead to use cryptocurrency for imports
In an effort to increase trade within the nation, Iran’s Trade Ministry has approved the use of cryptocurrency payments for imports. In light of continued international trade sanctions, Iran’s Ministry of Industry , Mines, and Trade has authorized the use of cryptocurrency for imports. The country’s trade minister, Reza Fatemi Amin, reportedly acknowledged that specific […]
Hodlnaut under creditor protection after freezing withdrawals
On August 8, Hodlnaut halted all services on its platform claiming a liquidity problem and tumultuous market circumstances. The Singapore court on August 29 ordered the Singapore-based cryptocurrency lending company Hodlnaut to be under interim judicial management, a type of creditor protection scheme. Three weeks after Hodlnaut stopped all trading and withdrawals on its platform […]
Ethereum founder urges node operators to upgrade their clients
Vitalik Buterin, the founder of Ethereum, reminded node operators to update their clients as soon as possible on Twitter earlier today. The Ethereum team revealed that The Merge would take place in two stages last Wednesday. The first stage is the Bellatrix upgrade, which will take place at epoch 144896 on Ethereum’s proof-of-stake (PoS) Beacon […]
Dutch judge jails Tornado Cash developer for 3 months
A Dutch judge has ordered Alexey Pertsev, the alleged developer of Tornado Cash, to stay in jail for at least three months. Following his detention, Pertsev, developer of Tornado cash, was sent to court, where the judge ordered that he remain imprisoned for the following 14 days while authorities conducted their inquiries. He returned to […]