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CATEGORY: sepa


Binance reinstates crypto buys via Mastercard

Author: Cointelegraph by Zoltan Vardai
United States
Jun 07, 2024 12:00

Binance reinstates crypto buys via Mastercard

Binance has resumed allowing its users to purchase crypto using Mastercard. Does this signal the end of Binances regulatory troubles?

Jun 30, 2023 05:50

Binance to Lose Euro Transfers as Paysafe Drops Support

Paysafe will discontinue support for bank transfers of euros to and from Binance, the payments provider announced. The news comes when the world’s largest cryptocurrency exchange finds itself under pressure from regulators and banking partners in Europe and elsewhere. Paysafe to Stop Euro Deposits and Withdrawals for Binance Crypto exchange Binance, the global leader in [...]

The post Binance to Lose Euro Transfers as Paysafe Drops Support appeared first on Crypto Breaking News.

Wirex adds SEPA and Faster Payments for UK customers

Author: noreply@blogger.com (Unknown)
United States
Aug 18, 2022 11:10

Wirex adds SEPA and Faster Payments for UK customers

Wirex, a UK-based crypto platform has introduced support for SEPA Instant and Faster Payments, allowing its UK and EEA (European Economic Area) customers access to two new methods to easily deposit to or withdraw from their accounts using GBP and EUR.

According to the platform, the additional top up methods complements the existing credit/debit card use. However, with the SEPA (Single Euro Payments Area) Instant and Faster Payments features, customers have more flexibility and will benefit from instant and no-cost transfers to the Wirex accounts or bank.

Wirex plans to add support for Plaid, another popular deposit and withdrawal method used across the EEA, UK, and US.

Instantly buy crypto

With the Wirex app supporting SEPA Instant and Faster Payments, customers have another avenue to make instant transfers, topping up their accounts and wallets to buy crypto.

Users can hold the crypto assets or use the intuitive app to exchange/sell. The app also allows customers to spend directly at more than 80 million locations where the Wirex Mastercard is accepted.

Pavel Matveev and Dmitry Lazarichev co-founded Wirex in 2014, the core objective being to make access to crypto and its use in daily life easy.

The platform, which currently offers its services across 130 countries, serves more than 5 million users. It provides access to over 150 crypto and traditional currencies and has a Wirex card, wallet, and utility token WXT.Earlier this year, Wirex announced integration with Avalanche (AVAX/USD), allowing millions of its customers to access the blockchain ecosystem via the Wirex Wallet and app.

The post Wirex adds SEPA and Faster Payments for UK customers appeared first on Invezz.



from Cryptocurrency – Invezz

HUMAN Protocol separates routing from execution to enhance network stability

Author: noreply@blogger.com (Unknown)
United States
Aug 10, 2022 03:05

HUMAN Protocol separates routing from execution to enhance network stability

HUMAN Protocol’s new Routing Protocol is fundamental to the operation, decentralization, and utility of the network. The core HUMAN Protocol is responsible for execution, while the Routing Protocol is separate from it, solidifying stability of the overall network.

Functions of the Routing Protocol

The Routing Protocol will encourage third parties to contribute to the network by providing the framework for staking, slashing, and reward mechanisms. It will facilitate operations by providing a blueprint to coordinate third party agents contributing to the Protocol.

Tool vendors and businesses can commit HMT to access the network through the Routing Protocol, which runs on a Proof of Balance model.

How it works

An entity that wants to take part in the network must put up a sum of HMT, much like a security deposit, to encourage good behavior. If the user behaves badly, this can be slashed. It also plays an important role in determining operator priority in receiving work.

With governance staking, which is separate, any network operator or user can stake HMT in return for vHMT, a token used for governance voting.

What role does staking play?

Staked tokens can reduce operator fees or collateral conversion costs. It may be possible to introduce a discount mechanism to reduce fees if paid in HMT, instead of other collateral. Minimum lock-up time and unstaking fees can deter flash loan governance attacks.

Alternate conviction voting

The proposal emphasizes alternate conviction voting, where voting power and voter reputation increases or improves with each vote. If one refers valuable projects, solves tasks, or contributes to overall development, voting power will increase.

The model will utilize HUMAN Protocol Reputation Oracles to adjust voting power. Such a system provides strong incentives to contribute to the HUMAN Project.

Market making

DeFi applications like Hummingbot could use the Routing Protocol to offer mechanisms to incentivize network contribution. Slashing will be introduced to discourage bad behavior within the network. For example, if a user attempts to tamper with voting, or refuses to pay Workers in a workpool, their stake can be slashed.

In the case of operator inactivity, payouts from the pool will be frozen for a certain amount of time to serve as a warning.

The post HUMAN Protocol separates routing from execution to enhance network stability appeared first on Invezz.



from Cryptocurrency – Invezz

Jan 28, 2022 01:35

Binance Begins Allowing EUR Deposits and Withdrawals via SEPA Payment Network – Exchanges Bitcoin News

Crypto exchange Binance has partnered with Paysafe to allow EUR deposits and withdrawals via the SEPA payment network. “The full re-opening of SEPA channels will scale up across the markets in due course,” Binance noted. Binance Resuming SEPA Transfers in Phases Cryptocurrency exchange Binance announced Wednesday that it has “reopened EUR bank transfer by SEPA.” […]

Sep 22, 2021 06:55

Cabital Integrates European Union’s Single Euro Payments Area (SEPA)

Cabital announced that it has added the SEPA to its list of payment methods. SEPA integration will allow customers to

Oct 28, 2024 02:15

Exploring Proposer-Builder Separation and Its Impact on Blockchain Centralization


Proposer-Builder Separation (PBS) aims to mitigate validator centralization in blockchain, yet it may lead to builder centralization. Discover insights from Agostino Capponi's research. (Read More)

Apr 10, 2023 02:10

Ethereum validator cashes in 689 ETH from MEV-Boost relay

A 689 Ether (ETH) reward worth $1.28 million has been paid from a single Miner Extractable Value (MEV)-boost relay block on the Ethereum Beacon Chain in one of the largest rewards in recent months. Ethereum liquid staking solution Lido was paid the reward from block number 17007842 on the Beacon Chain — which was finalized [...]

The post Ethereum validator cashes in 689 ETH from MEV-Boost relay appeared first on Crypto Breaking News.

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