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🚀 Binance Card isn't giving up on Russia, even if the Government won't like it.

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How has your day been, Gecko? Would you look at the gas fee! But now instead of how high it is, It's gotten so low. (Protip: You can get a quick view of the latest gas fee right there on CoinGecko.com's main page itself, it's on the top tab where the crypto overview stats are.) Real talk though, while a good chunk of the crypto space is raving over the latest #degen yield farming, DeFi has done some real good to society. Apparently, the ineffective banking sector in Latin American countries has pushed some businesses and individuals to use cryptocurrency. Local cryptocurrency firms have said that "cryptocurrency makes it easier for businesses to circumvent costly wire transfers and the import fees levied by regional banks." If you've haven't heard the story of Mariano Conti, we highly recommend take the time to hear how he lived entirely off DAI throughout Argentina's massive 50% (and increasing) inflation. Today we talk about how Schiff bought Bitcoin (not the way you expected), Binance Card, and another ransomware attack. Read On!

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eToro gives you everything you need to trade the world's top crypto with ease. Trusted globally by over 13M, our user-friendly platform provides investors of all experience levels with a powerful suite of features and analytics — including a free virtual portfolio so you can practice trading before spending a single dollar.  Level up your crypto game today. Download the app and get started. This ad promotes virtual cryptocurrency investing within the EU (by eToro Europe Ltd. and eToro UK Ltd.) & USA (by eToro USA LLC); which is highly volatile, unregulated in most EU countries, no EU protections & not supervised by the EU regulatory framework. Investments are subject to market risk, including the loss of principal. Binance Card Set To Launch In Russia Despite Legal Hurdles Even with the latest plans from the Russian Finance Ministry to ban the usage of cryptocurrency transactions, Binance is planning to go ahead with its cryptocurrency debit card in the country.   However, a specific launch date hasn't been given as of now, and will likely depend on how things fan out in Russia.   Officially announced in April 2020, the Binance Card is expected to be made available in over 200 countries over time. (Editor: Is this one of those "don't ask for permission, ask for forgiveness" type thing? Regardless, everyone wishes Binance great success in this.)   TheDailyChain   Circle Allows Businesses To Pay In Local Fiat Currencies Circle, a crypto company backed by the likes of Goldman Sachs, now makes it easier for its merchants to accept local fiat currencies   Businesses which have integrated Circle's API are now able to send payouts in local fiat currencies. This is applicable in over 80 countries, and the feature is part of Circle's ongoing efforts to provide users with a way to move between digital currencies and fiat.   Before this, businesses using Circle were only able to send digital dollars via USDC transactions. This made it difficult for many sellers to receive payments due to the international banking system which is very diverse.   TheBlockCrypto Argentina's Border Control System Hacked, $4 million Ransom Demanded Just over a week ago, Argentina's border control systems were hacked with Netwalker ransomware.   The country's Integrated Migration Capture System - a system used to register the entry of people into the country, was affected by the attack.   This resulted in Argentinian borders being closed for four hours while servers were restarted.   The attack encrypted files across the department's network, and the hackers demanded a $2 million ransom to enable access to the files. This has since been doubled to $4 million, which is equivalent to 355 bitcoin (BTC).   Decrypt

Zero-Knowledge Proof Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free. DeFi applications cover many use cases and a few popular ones are stablecoins, lending/borrowing and trading (decentralized excanges). By removing the middleman in systems, DeFi applications are able to achieve a better rate of returns for its users, while lowering barrier of entry as the application does not discriminate or censor any particular party from joining. A zero-knowledge proof (zk proof) is a cryptographic proof by which a "prover" can prove to a "verifier" whether the prover knows a certain value, without revealing what the value itself was to the verifier. Zk proofs are extensively used in cryptocurrency innovation particularly in Privacy Coins. Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free. DeFi applications cover many use cases and a few popular ones are stablecoins, lending/borrowing and trading (decentralized excanges). By removing the middleman in systems, DeFi applications are able to achieve a better rate of returns for its users, while lowering barrier of entry as the application does not discriminate or censor any particular party from joining. Decentralized Finance (DeFi) refers to the movement of building decentralized financial applications that have no central authority and is censorship free. DeFi applications cover many use cases and a few popular ones are stablecoins, lending/borrowing and trading (decentralized excanges). By removing the middleman in systems, DeFi applications are able to achieve a better rate of returns for its users, while lowering barrier of entry as the application does not discriminate or censor any particular party from joinLearn about other Crypto terms here Read more on CoinGecko

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