The Venezuelan government has recently imposed restrictions on several online platforms, including the cryptocurrency exchange Binance and the social media network X, amid political unrest following the recent presidential election.
According to the anti-censorship group VE sin Filtro, a DNS block has disrupted access to Binance, impacting both its website and mobile app.
Binance confirmed the issue and reassured users that their funds remain secure while it works to resolve the situation. This comes a day after Venezuelan President Nicolas Maduro announced a ten-day ban on X, following tensions with the platform’s owner, Elon Musk.
The encrypted messaging app Signal also faced access issues, though it remains available through circumvention tools.
Protests erupted after the July 28 election, where both Maduro and challenger Edmundo González claimed victory. The official count declared Maduro the winner with just over 51% of the vote, while González contended that he had secured nearly 70%.
The international community, including the U.S., EU, and several South American nations, has questioned the legitimacy of Maduro’s win, demanding a full vote count.
Economist and gold advocate Peter Schiff has renewed his criticism of the crypto market, but this time, his focus isn’t just Bitcoin—it’s the growing trend of companies whose business models revolve entirely around holding the digital asset.
Sonic Labs has secured legal approval to dissolve Multichain Foundation, marking a major step toward recovering funds lost during the platform’s collapse in 2023.
As Ethereum cements its role in the global financial landscape, the Ethereum Foundation has launched a sweeping initiative to future-proof the network’s security.
The creators of MetaMask haven’t ruled out launching a token—but if it happens, users can expect a transparent and scam-proof rollout.