Binance coin (BNB) powers the Binance ecosystem. It is one of the most popular tokens today, and can be used for various applications. You can use Binance coin (BNB) to settle your transaction feeds on the Binance smart chain, and can also participate in token sales exclusively for members. Will the latest announcement by Binance coin (BNB) affect its value? Read on to learn more.
Cardano (ADA) was developed by Jeremy Wood and Charles Hoskinson in 2017, and was one of the largest cryptocurrencies that used proof-of-stake blockchain. This is a better alternative to proof-of-work protocol. Cardano (ADA) has placed its very first on-chain governance proposal, and voting will begin soon.
With the launch of TMS Network’s (TMSN) trading platform, traders can now keep up with the growing market demands. The decentralized TMS Network (TMSN) platform is what people were waiting for. However, does the new TMS Network (TMSN) trading platform work without intermediaries and can you trade with different assets? Find out more with our expert TMS Network (TMSN) analysis.
Major change announced by Binance coin (BNB)
Binance coin (BNB) recently announced that it would temporarily suspend all USD bank transfers. This change became effective February 8th, 2023. The Binance coin (BNB) token price is currently at $327.28, and the recent change is not expected to affect the price. All affected Binance coin (BNB) customers were notified directly. Binance coin (BNB) confirmed that merely 0.01% of their customers used USD bank transfers, and they were working to try to restart services as soon as possible.
Representatives from Binance coin (BNB) also confirmed that other buying and selling methods on their exchange would remain unaffected, like Euro deposits and withdrawals. Binance coin (BNB) users can also continue buying and selling using Google Pay, credit cards, Apple Pay, and peer-to-peer marketplace. Although Binance coin (BNB) did not confirm why USD bank transfers were temporarily suspended, it is likely due to issues it had with its banking partner, Signature Bank. Signature Bank announced last month that it would not process crypto SWIFT transactions below $10,000 in value. After this announcement, Binance coin (BNB) updated the country list and supported transfer list, and SWIFT transfers were not listed.
Proposed launch of Cardano (ADA) on-chain governance
Cardano’s (ADA) decentralized exchange, SundaeSwap, has placed a proposal for its first on-chain governance. The voting on this Cardano (ADA) proposal will run till February 19th, 2023. As per the new proposal by Cardano (ADA), any wallet that has a minimum of 10,000 SUNDAE can submit new proposals to the Cardano (ADA) SundaeSwap community. This would be a testbed for new ideas.
The moderators for the governance would be selected through member vote so as to maintain neutral forum discussions. Cardano’s (ADA) SundaeSwap relies on smart contracts, just like other decentralized exchanges. It holds over $8.7 million in locked value. The current price of Cardano (ADA) stands at $0.388031.
All your trading needs covered by TMS Network (TMSN)
The launch of the new TMS Network (TMSN) decentralized exchange is expected to change the way trading takes place. Traders can now trade multiple assets such as CFDs, cryptos, stocks, and Forex on TMS Network’s (TMSN) new platform.
With the new platform, TMS Network (TMSN) plans to revolutionize the traditional trading model, and make it more efficient and secure. Since TMS Network (TMSN) is built on blockchain technology, it ensures all transactions are secure and accessible. TMS Network (TMSN) tokens are currently priced at $0.0047.
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