ed25519:3fVbex6cQvChgy6u1xtiPDnDfgfxgR9N2VemtZseXrj59qbnsqy7QNuqCghXDNdXEgjVNBm2HMd3zwpr9VbMUniF
ed25519:3fVbex6cQvChgy6u1xtiPDnDfgfxgR9N2VemtZseXrj59qbnsqy7QNuqCghXDNdXEgjVNBm2HMd3zwpr9VbMUniFdevelop actor pledge blast reflect surface cotton traffic fit surge divide deliverdevelop actor pledge blast reflect surface cotton traffic fit surge divide delivered25519:3fVbex6cQvChgy6u1xtiPDnDfgfxgR9N2VemtZseXrj59qbnsqy7QNuqCghXDNdXEgjVNBm2HMd3zwpr9VbMUniFgive unknown place fiscal recall inside unlock moment orange coyote depend tenhttps://t.me/herewalletbot/app?startapp=village13681https://t.me/herewalletbot/app?startapp=404651-village-13681t.me/herewalletbot/app?startapp=404651census connect ethics fat usage win current crack height kind few clockCoinbase Commerce Removes Bitcoin Payments
By AZC News | 17 hours ago
The online payment platform Coinbase Commerce is reportedly removing Bitcoin payments, according to a statement from Coinbase's Product Director.Coinbase Commerce Removes Bitcoin Payments
On February 18th, Coinbase announced the discontinuation of support for Bitcoin and similar UTXO-based cryptocurrencies on its Coinbase Commerce merchant payment platform. This decision was made by Product Director Lauren Dowling amid challenges in integrating Bitcoin into recent platform updates.
Coinbase Commerce is a crypto payment platform for merchants. Recently, Coinbase has made several significant updates to the platform, from adding a range of digital assets like ERC-20 tokens to enabling automatic conversion of payments into the USDC stablecoin.
However, due to inherent limitations of the Bitcoin blockchain, particularly its inability to integrate smart contracts and stablecoins, Coinbase Commerce considered removing the world's largest cryptocurrency.
Nevertheless, Coinbase CEO Brian Armstrong noted that users can still use Bitcoin if they have a Coinbase exchange account. Furthermore, Armstrong mentioned the platform's efforts to integrate the Lightning Network, a layer-2 payment protocol of the Bitcoin network optimized for speed and transaction fees.
Related: Coinbase Loses Position on App Store Rankings
User responses to this announcement
However, this decision has sparked controversy within the cryptocurrency community. Some expressed concerns, suggesting that Coinbase is going against the widespread adoption trend of Bitcoin as well as limiting the development potential of Coinbase Commerce, restricting customers' choices and flexibility in using cryptocurrencies for online transactions.
An anonymous user expressed frustration on X:
Is there any assumption that all customers are in the US and able to open a Coinbase account or all want to have a Coinbase account? This is like ordering everyone to be Bank of America customers so that stores only need to use this bank's services to accept payments.
In more positive developments, Coinbase recently reported an impressive quarter of business growth, with revenue and profits exceeding estimates.
Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own reseFTX Digital's Global Settlement Amid CEO's Sentencing Awaits
By AZC News | 18 hours ago
As Sam Bankman-Fried, the former CEO of FTX, awaits sentencing, the crypto exchange has successfully reached a comprehensive settlement with its creditors and liquidators on a global scale.FTX Digital's Global Settlement Amid CEO's Sentencing Awaits
FTX Digital Markets Limited has entered into a significant agreement with FTX Trading Ltd. and its affiliated debtors, a pivotal development in addressing financial challenges amid Chapter 11 proceedings. This accord signifies a crucial milestone in the ongoing efforts of FTX Digital's restructuring.
In a positive turn for FTX creditors, the first meeting of FTX Digital's creditors is slated for March 15, 2024, at The Baha Mar Convention Center in Nassau, Bahamas. The objective of this meeting is to establish a liquidation committee and provide creditors with information about the claims process, ensuring a well-organized approach to the closure of FTX Digital.
FTX Digital Navigates Liquidation Process
In response to the financial challenges, the Commercial Division of The Supreme Court of the Bahamas took a pivotal step by appointing provisional liquidators. This distinguished team includes Mr. Brian Simms KC of Lennox Paton, Kevin Cambridge of PwC Bahamas, and Peter Greaves of PwC Hong Kong, entrusted with overseeing the intricate liquidation proceedings. Subsequently, on November 10, 2023, the Court elevated the Joint Provisional Liquidators to the position of Joint Official Liquidators (JOLs), tasking them with the responsibility to wind up the company in accordance with applicable laws.
Simultaneously, a Chapter 15 petition was filed in the United States Bankruptcy Court for the District of Delaware, seeking recognition of the provisional liquidation as a foreign main proceeding. This recognition was granted in February 2023. It is essential to note that FTX Digital is distinct from certain other FTX entities currently undergoing Chapter 11 Bankruptcy Proceedings.
Related: FTX Sells $10M DCI for $500K to Settle Debts
In the interim, this website serves as a central hub for FTX Digital stakeholders, including customers and employees. It provides regular updates and pertinent details specifically related to the Bahamian Liquidation Proceedings. Importantly, the platform does not delve into matters related to the Chapter 11 Bankruptcy Proceedings, focusing solely on the affairs of FTX Digital.
In conclusion, the situation unfolds with legal intricacies, involving ongoing proceedings in multiple jurisdictions. The overarching goal remains to address creditor claims and ensure the orderly liquidation of FTX Digital Markets Limited.
By AZC News | 15 hours ago
Binance Spot introduces an exclusive promotion for regular and VIP 1-3 users who haven't engaged in Binance Spot trading in the last 90 days. Explore the opportunity to claim a share of 20,000 FDUSD in token vouchers through this limited-time offer.Trade AI Tokens on Binance Spot for a Chance at 20,000 FDUSD
Promotion Period: 2024-02-19 09:00 (UTC) - 2024-03-03 08:59 (UTC)
Be among the first 4,000 qualifying users to secure 5 FDUSD in token vouchers by confirming your participation and engaging in trades totaling at least $100 equivalent on eligible spot trading pairs.
Register for the Promotion Now!
Terms & Conditions:
Participation is open exclusively to verified regular and VIP 1-3 users who have refrained from Binance Spot trading in the past 90 days.
This promotion is accessible solely to eligible users actively enabled for Binance Spot trading, and its availability may be subject to restrictions based on legal and regulatory requirements in specific jurisdictions or regions.
Users are urged to stay informed about and adhere to any restrictions or requirements pertaining to access and usage of Binance Spot trading services in their respective countries.
Binance retains the right to alter, modify, or introduce additional restrictions to access and use Binance Spot trading services at its discretion, without prior notification.
To qualify for rewards, eligible users must click on the "Join Now" button on the promotion page and achieve a total trading volume of at least $100 equivalent on eligible trading pairs at Binance Spot during the Promotion Period.
Token voucher rewards will be distributed to eligible users within 21 working days after the conclusion of the Promotion Period. Users can conveniently log in to redeem their token voucher rewards via Profile > Rewards Hub.
It's crucial to note that token voucher rewards have a two-week expiration period following distribution. Eligible users are advised to promptly claim their vouchers before the expiration date. Detailed instructions on redeeming a token voucher can be found here.
Binance maintains the authority to disqualify participants engaging in fraudulent activities or violating applicable terms and conditions, based on its reasonable judgment.
Furthermore, Binance retains the right to disqualify trades considered prohibited trading activities, encompassing churning, pump-and-dump schemes, ramping, wash trading, and other forms of market manipulation aimed at distorting price and/or quantity representation. This includes activities like illegal bulk account registrations and self-dealing.
Binance also reserves the right, at its sole and absolute discretion, to modify these terms and conditions without prior notice. This includes actions such as canceling, extending, terminating, or suspending the promotion and altering eligibility terms, winner selection, and timing of any required actions. All participants are bound by any such amendments.
For additional promotion terms and conditions, please refer to this link.
Disclaimer. This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.
