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Dash Blockchain Faces Downtime for Hours after Hard Fork Fail, Binance Suspends Mining Rewards

The Dash blockchain experienced a downtime for several hours after the activation of its Dash Core v19 hard fork failed on May 22. The blockchain was unable to process new transactions or produce new blocks during this time. Dash's chief technical officer, Samuel Westrich, announced the issue on Twitter and stated that they were investigating the problem. Crypto exchange Binance also suspended the distribution of mining rewards for DASH until the blockchain resumed block production. The hard fork was intended to improve the security of the Dash network and introduce Dash Masternodes, which have high collateral requirements to operate.

Dash Blockchain Halts Transactions and Block Production Due to Activation Issue with Latest Update

The blockchain powering the privacy-focused coin Dash experienced a problem during the activation of its v19 update, causing it to stop processing transactions and producing new blocks. The issue was identified by developers, who are currently working on a fix. The planned release of the latest Dash Core client update, v19, may be delayed to resolve the issues first.

Romanian Crypto Enthusiast Makes Historic Bitcoin Retail Transaction by Buying 10,000 Pizzas for 1 BTC

A Romanian crypto enthusiast made history by purchasing 10,000 pizzas for 1 BTC, which is an incredibly favorable exchange rate for the buyer. The pizzas are currently valued at about $26,800. Binance CEO, Changpeng Zhao, commented on the transaction, noting that Bitcoin remains a legend due to the famous Bitcoin pizza transaction that occurred 13 years ago.

Latam Gateway, Binance's Payment Provider in Brazil, Earns License from Central Bank to Serve as Payment Institution and Electronic Money Issuer in the Country

Binance's payment provider in Brazil, Latam Gateway, has received a license from the Central Bank of Brazil to operate as a payment institution and electronic money issuer in the country. This is good news for the cryptocurrency sector, as Brazil is one of Binance's biggest markets.

Latam Gateway, Payment Provider for Binance in Brazil, Granted License by Central Bank

Latam Gateway, the payment provider for Binance in Brazil, has received a license from the country's central bank to operate as a payment institution and electronic money issuer.

Cuscal cites "scams and fraud" as reason for offboarding Binance Australia's third-party payments

Cuscal, the third-party payments provider for Binance Australia, has suggested that "scams and fraud" were the reason for its decision to offboard the firm on May 18. However, the company did not specifically mention Binance or crypto exchanges in its statement and declined to elaborate on why it pulled support for Binance Australia. Cuscal stated that it is committed to identifying and implementing detection services for its clients across the Australian payments system to protect Australians from financial crimes and scams. Binance Australia has suspended Australian dollar services with immediate effect, citing a decision made by its third-party payment service provider.

Westpac Enforces Urgent Prohibition On Payments To Binance Crypto Exchange

Westpac, the oldest bank in Australia, has announced that it will block all transactions involving Binance, a popular cryptocurrency exchange, in an effort to protect investors from potential scams and fraudulent schemes. Binance has also announced that specific customers will experience limitations on their ability to deposit or withdraw funds due to a third-party service provider terminating services. This move by Westpac could significantly impact other exchanges operating in Australia and serves as a cautionary message for the exchange and other prominent crypto service providers in the country. The crypto exchanges will now need to reassess their business strategies to ensure their sustainability in the future.

TMS Network (TMSN) Surges 1700% in Presale, While Binance (BNB) Lifts Russian Restrictions and Tron (TRX) Holds Steady

Binance had previously blocked all deposits from Russian users due to sanctions resulting from Russia's invasion of Ukraine, but those limitations have now been lifted. TMS Network (TMSN) is currently experiencing a surge in price and success with its presale, while BNB (BNB) and Tron (TRX) remain stable with no significant gains or losses. TMS Network (TMSN) is a trading platform that allows users to trade various assets and derivatives using only cryptocurrencies. Investors should consider moving into high-potential projects like TMS Network (TMSN) before it's too late.

Bitcoin Whale Deposits $48 Million Worth of BTC on Binance, Sparking Speculation of Selling Pressure and Potential Impact on Price

The crypto community is abuzz with speculation after a Bitcoin whale deposited 1,750 BTC, worth over $48 million, on Binance, the world's largest crypto exchange. This move has raised concerns about potential selling pressure and its impact on Bitcoin's price, especially since the whale has a history of triggering sudden price movements. While the investor's motives for moving the coins are unclear, historical evidence suggests that Bitcoin may experience a spike in volatility soon. Despite this, Bitcoin has shown signs of rebounding, with its price up by 1% in the past 24 hours.

Binance Australia Suspends PayID and Bank Deposits Due to Third-Party Payment Provider

Binance Australia has suspended deposits and withdrawals of Australian dollars via PayID and bank deposits for Australian users due to a decision made by a third-party payment partner. The company is still operating debit or credit on its peer-to-peer marketplace. Binance Australia is working hard to find an alternative provider to continue offering AUD deposits and withdrawals. The third-party company, Cuscal, stated that Binance failed to meet its strict compliance requirements. This latest setback for Binance comes at a time when the exchange is facing increased scrutiny from regulators around the world.