Re:Swift payments network to cut access to crypto exchanges
by ben_w on Saturday January 21, 2023 @06:13PM
(#34471803)
In fairness, and to my surprise, they are using "UFO" in a totally correct manner for that headline:
> However, military experts say it’s likely the unidentified object was either an advanced military drone or a hypersonic missile.
Re:Swift payments network to cut access to crypto exchanges
by albntomat0 on Saturday January 21, 2023 @06:24PM
(#34471931)
Fair, thanks for pointing that out.
Having looked around for other info on Binance being cut from SWIFT, both articles on that website seem to me to be "technically true, but written to be misleading".
Re:Swift payments network to cut access to crypto exchanges
by wmf on Saturday January 21, 2023 @06:03PM
(#34471701)
Binance reportedly sent emails to their customers saying they've been cut off from SWIFT.
Re:Swift payments network to cut access to crypto exchanges
by hestefisk on Saturday January 21, 2023 @06:22PM
(#34471904)
Source?
Re:Swift payments network to cut access to crypto exchanges
by cjensen on Saturday January 21, 2023 @07:37PM
(#34472678)
Yes, but since Binance routinely lies about things, that doesn't mean much.
Re:Swift payments network to cut access to crypto exchanges
by gggggg5 on Saturday January 21, 2023 @09:56PM
(#34473750)
What does Binance routinely lie about?
Re:Swift payments network to cut access to crypto exchanges
by cjensen on Sunday January 22, 2023 @12:31AM
(#34474639)
Its assets. They claim to own so much commercial paper that they would be one of the top owners of the class, yet no one who sells paper for a living has heard of them.
The kinds of audits it has had.
The amount of regular money it has in the banks.
And even lying so badly that basic fourth-grade math says that month-to-month reports from binance cannot be truth.[1]
[1] https://www.kalzumeus.com/2022/11/11/tether-required-recapit...
Re:Swift payments network to cut access to crypto exchanges
by kevinak on Sunday January 22, 2023 @02:45AM
(#34475284)
Binance doesn’t have anything to do with Tether, you’re probably mixing them up with Bitfinex, another crypto exchange.
Re:Swift payments network to cut access to crypto exchanges
by gggggg5 on Sunday January 22, 2023 @07:11AM
(#34476589)
>https://www.kalzumeus.com/2022/11/11/tether-required-recapit...
At no point does this blog post mention Binance, it discusses an entirely different cryptocurrency exchange.
Re:Swift payments network to cut access to crypto exchanges
by nibbleshifter on Saturday January 21, 2023 @06:05PM
(#34471726)
Bucket of salt.
The website posted also has an article about UFOs in Ukraine: https://www.asiamarkets.com/russia-shoots-ufo/
Edit: Searching around, I cannot find another source, so take this news with a grain of salt.
Second edit: There are a bunch of screen shots on Twitter saying that Binance's specific payments processor has stopped SWIFT payments for less than 100k USD, but other normal currencies are fine. Seems to me to be far more nuanced than the OP link suggests, especially as the article cuts the Binance email short.