GildCoin - Crypto News

2023-06-10 19:15:52 Binance US Halts USD Deposits, Withdrawals — Asks Users to Withdraw Dollars by June 13

Binance US made an announcement Thursday regarding the suspension of U.S. dollar deposits and withdrawals following an “aggressive” enforcement action taken by the U.S. Securities and Exchange Commission (SEC).

The securities watchdog filed charges against several Binance entities on Monday. The regulator followed up with an emergency action application the next day, seeking a temporary restraining order to freeze assets held by Binance US. The SEC also filed charges against the Nasdaq-listed crypto exchange Coinbase on Tuesday.

In addition, Binance US informed customers that it will remove select BTC and BUSD advanced trading pairs.

“Any USD balances remaining on the platform after June 15, 2023, may be converted to stablecoin that can be withdrawn on-chain,” Binance US noted, emphasizing that “Cryptocurrency services remain fully operational, including crypto trading, staking, deposits, and withdrawals.” Moreover, Binance US stressed that it maintains a 1:1 reserve for all customer assets. Open / Comment

2023-06-07 18:34:06 Bitcoin Trading at Premium on Binance US Amid SEC Lawsuit and Asset Freeze Motion

In light of the U.S. Securities and Exchange Commission’s (SEC) recent lawsuit against Binance, as well as the motion to freeze assets connected to Binance US — its American subsidiary — BTC is being traded at a premium on the U.S. platform.

This premium exclusively impacts the BTC/USD pair on Binance US.

Moreover, reports released in early April suggested that Binance US was struggling to secure a banking partner in the United States. Currently, Binance US’ status page confirms that though ACH transfers are accessible, there are complications with debit card and wire services. Furthermore, Binance’s international exchange faced pricing inconsistencies in Australia when AUD withdrawals were suspended.

Over the most recent 24-hour period, Binance US registered $255 million in trade volume. This report comes after the substantial outflow that Binance saw since June 3. Open / Comment

2023-06-07 14:00:05 New project: PassimPay
About: Receive and send cryptocurrency payments with PassimPay securely and quickly

Information:
We offer a user-friendly cryptocurrency payment system for personal and business purposes. It is a simple, intuitive multifunction tool that will help improve your financial management.
With PassimPay, you get access to the world's biggest financial market, instant payments to and from millions of users worldwide, safe crypto storage, which supports over 20 coins and much more.

What we Offer:-
Instant transactions.
Scheduled and Auto payments, templates, whitelists and other settings.
Floating withdrawal fees between 0.1% and 1% for personal and never more than 3.5% for business accounts.
Account and transaction security: 2FA, IP-tracking, Master key, Alarm system, etc.
Simple API integration for any website.
Tutorial videos and detailed guides on registration, API integration, etc.


Simple. Convenient. Reliable. Enjoy all the benefits of cryptocurrencies with PassimPay. Sign up here!

Don't forget to follow us on Telegram and Reddit Open / Comment

2023-06-06 18:00:07 The Mirror Protocol

The Mirror Protocol is a collection of 7+ Tokens on the Binance Smart Chain that allows token holders to receive blue chip rewards such as Bitcoin, Ethereum, XRP, Chain Link, and More. Individuals are able to stake just one of the MP tokens and receive staking rewards in all 7. This is a first of its kind multi-token staking experience.

The mirror protocols mission is to not only diversify portfolios via blue chip rewards, but to also democratize assets to all blockchains and ensure interoperability. They believe that the interoperability of blockchains is critical to mass adoption.

Holder Benefits:
1. Blue Chip Reflections
2. Multi-Token Staking Rewards
3. No-Fee Staking
4. Token Also Reflects BBTF

Discord: https://discord.gg/cNF8zqb449

Website: https://themirrorprotocol.com/

2 Tokens are live trading and 5 are in presale at: presale.themirrorprotocol.com Open / Comment

2023-06-04 16:57:02 Job Growth Shines: May Payrolls Beat Predictions by 339K

Payrolls rose 339,000 in May, exceeding expectations and indicating a resilient labor market.

The US economy continued to generate employment in May, despite macroeconomic challenges. Nonfarm payrolls increased to 339,000, significantly surpassing Dow Jones’ expectations of 190,000, as a result, May marked the twenty-ninth consecutive month of positive job growth in the country.

According to the US Bureau of Labor Statistics, although the unemployment rate rose to 3.7% compared to the estimated 3.5%, the labor market remained strong. Similarly, average hourly earnings increased by 0.3%, as expected, while annual wages rose by 4.3%, slightly below the estimate.

The term “payrolls” refers to the total number of employees receiving a salary or wage during a specific period. This measure is used to assess workforce strength and job creation in an economy. Open / Comment

2023-06-01 18:11:01 Russians Warned Against Saving in Crypto Amid Declining Savings in Foreign Fiat

A government official in Moscow has advised Russians to avoid cryptocurrencies now when interest in foreign fiat currencies is declining in the country. The high-risk assets are not suitable for the savings of most people and make sense only for investments by rich people, his comments suggest.

Restrictions imposed by the Russian state on foreign currency accounts and operations amid Western sanctions have led to a decrease in the volume of savings kept in foreign fiats. Against this backdrop, Russians have been warned they shouldn’t switch to cryptocurrencies.

“We would definitely not want citizens’ savings to be directed to digital currencies,” the head of the Financial Policy Department of the Russian Ministry of Finance, Ivan Chebeskov, stated during the blockchain conference “Finance of the Future: Challenges and Opportunities.”

Chebeskov is convinced that regulated digital financial assets (DFAs) could be a better alternative.

The finance ministry representative added that assets such as cryptocurrencies make sense only for wealthier Russians, not for people with average income and savings, and then only for 10 to 15% of the capital available for investment. Open / Comment

2023-05-31 14:00:06 Co-founded by Sam Altman of OpenAI, Worldcoin is building the world's largest and most inclusive financial network as a public utility, and giving ownership to everyone.

Their mission is to create a universal privacy-preserving identity, one that verifies your unique humanity while retaining your privacy — and to give the whole world a user-friendly and accessible entry point into the global economy. Still in beta, Worldcoin is expected to be launching soon.

Worldcoin has three main platforms:
1. World ID: With over 1.8 million users already, World ID is looking to grow the largest verifiably real identity system on the internet.
2. World App: Just launched this month, the World App has risen to the #1 spot on the US App Store for Web3 apps, ahead of the likes of Binance and Coinbase.
3. Worldcoin Token: Users in most of the world (excluding the US and several sanctioned nations) can receive up to 25 shares of an eventual token via weekly grants by verifying their World ID at an Orb. Orbs locations can easily be found via the World App.

Join the Discord for exclusive alpha and opportunities

And follow Worldcoin on Twitter for the latest news, updates, and conversations and partnerships Open / Comment

2023-05-29 19:42:02 Venezuelan Petro Blockchain Faces Operational Difficulties, Hundreds of Wallets Allegedly Blocked

The blockchain of the petro, the Venezuelan official cryptocurrency asset, has been facing difficulties, halting on May 24, with block production restarting on May 27 only to stop again on May 28. Asonacrip, a local cryptocurrency association, also reported that hundreds of petro wallets were eliminated or blocked.

The blockchain of the petro, the official Venezuelan cryptocurrency, has allegedly been facing operational problems since last week.

However, the Petro blockchain started to produce blocks again on May 27, when it issued just four blocks before halting again on May 28.

The joint statement also alerted about a massive block and elimination of petro wallets, which occurred when the chain was first halted.

Mario Silva, a Venezuelan journalist and deputy of the Venezuelan Legislative Assembly, also alerted about the issue via social networks about a possible exploit, stating that many users had their wallets blocked with no explanation.

Sunacrip, the Venezuelan cryptocurrency watchdog, is under the temporary management of an intervention board after its head, Joselit Ramirez, was arrested for alleged participation in a multi-billion dollar crypto corruption scheme. Open / Comment

2023-05-26 20:00:03 ​ Common Wealth Genesis S2 is a collection of a maximum 8991 NFTs of unparalleled utility. As a Genesis NFT holder you are a founder of Common Wealth and will receive $WLTH tokens and protocol profit share for life! (No VCs in before you!). Join the 99% on All Street!

CWs mission is to revolutionize the investment landscape. Imagine retail investors getting crypto private sale deals like VCs! What if you got into Arbitrum before anyone even knew about it? Common Wealth is a mobile-first platform democratizing investment with Web3 tech. Everyone is welcome, crypto knowledge or not!

HOLDER BENEFITS
1. Share of 22 million $WLTH tokens
2. Share of 3% protocol profits for life
3. Gated access to premium groups, events and alpha
4. Additional benefits will be added


Check out our Telegram Chat (meet the team): https://t.me/commonwealth_chat

Website: joincommonwealth.xyz

Early Access Mint (250 per day for 9 days): 22nd May time TBA
Public Mint: 22 May for 9 days. 999 available every day. Whatever isn't minted is removed from supply. Open / Comment

2023-05-25 20:00:04 Uniswap Interface Swap or provide liquidity on the Uniswap Protocol.

Bitcointry Token (BTTY) facilitates unhindered trading, incentivizes staking, and provides a competitive advantage in various competitions.

As the official token of the semi-decentralized exchange, Bitcointry Token(BTTY) presents exclusive functionalities.

BTTY has a Total Supply of 847 million, Max Supply of 497 million, and Circulating Supply of 412 million.

For the convenience of all investors, Bitcointry Token(BTTY) has been launched on four different chains.

You can easily buy BTTY on the following chains:

Uniswap (ETH) - BUY
Pancakeswap(BSC) - BUY
Sushiswap(Arbitrum) - BUY
Icecreamswap(Core) - BUY

For more detailed information, visit the Website

Join the official Telegram group(   Telegram) to stay up-to-date with the latest news and developments.

Follow the official Twitter account( Twitter) of Bitcointry Token (BTTY) for regular updates and announcements. Open / Comment