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.
Coinbase CEO Brian Armstrong has spotlighted a significant acceleration in institutional crypto adoption, driven largely by the surging popularity of exchange-traded funds and increased use of Coinbase Prime among major corporations.
Jefferies chief market strategist David Zervos believes an upcoming power shift at the Federal Reserve could benefit U.S. equity markets.
Anchorage Digital, a federally chartered crypto custody bank, is urging its institutional clients to move away from major stablecoins like USDC, Agora USD (AUSD), and Usual USD (USD0), recommending instead a shift to the Global Dollar (USDG) — a stablecoin issued by Paxos and backed by a consortium that includes Anchorage itself.
Ethereum co-founder Vitalik Buterin has voiced concerns over the rise of zero-knowledge (ZK) digital identity projects, specifically warning that systems like World — formerly Worldcoin and backed by OpenAI’s Sam Altman — could undermine pseudonymity in the digital world.