🪙 Crypto and Blockchain News (November 30, 2023):

1️⃣ Sei Network: Developers at #sei Network have announced the second version of the network, which will become the first parallelized blockchain with #evm support. This update will enable the migration of Ethereum smart contracts to Sei and their utilization within the network alongside Cosmwasm protocols. 💡

2️⃣ Alchemy Pay: Singapore-based payment service provider Alchemy Pay has introduced #sepa deposits for euros in Europe and expanded Faster Payments for swift electronic transfers in the UK. These new payment options aim to expedite the transfer process and simplify cryptocurrency purchases. 💼

3️⃣ Postimees: Ivan Turogin and Sergey Potapenko, co-founders of the cloud mining service HashFlare, have successfully appealed their extradition from Estonia to the United States. In the U.S., they face 18 charges of fraud and money laundering, carrying a potential sentence of up to 20 years in prison. ⚖️

4️⃣ BNB Chain: BNB Chain developers have unveiled the roadmap for the second-layer solution opBNB, aimed at enhancing performance and reducing transactional costs in the network. The primary goal is to achieve a throughput of 10,000 TPS by the end of 2024 and reduce fees by tenfold from the current level of approximately $0.005. 🚀 Improvements to BNB Chain make it more appealing to users.

5️⃣ OSC: The percentage of Canadians regretting their cryptocurrency investments has increased from 68% to 77% in a year, according to a survey by the Ontario Securities Commission. The regulator conducted the study in collaboration with Ipsos in May-June, surveying a representative sample of 2360 citizens. 😟 It is crucial for regulators and companies to provide educational resources to mitigate risks and enhance trust in cryptocurrency investments.

🎈 Share your thoughts on these events in the comments!

If you have paysafe, What do you need to do?

• If you already have access to these services, you don't need to do anything else.

• If you do not have access to these fiat services and you have a balance in Euros (EUR) on Binance through our old fiat partner (Paysafe) you will need to completely reduce your existing balance before we can migrate your account to our new partners. You can do so by converting your Euros (EUR) to cryptocurrencies at this link before October 31, 2023, or by withdrawing your balance to your bank account.

• For Paysafe users (old partner) with a balance less than 5 Euros (EUR), we will automatically convert the remaining EUR balance to USDT on October 24, 2023 at 8:00am UTC+0 due to the minimum withdrawal limit of 5 EUR. Once we convert this EUR balance into USDT, you will now have access to our EUR services through our new partners.

If you have any questions or need further help, you can contact the Binance support team.
Sincerely,
The Binance Team

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#fiat #sepa