Home » Others » Crypto Exchange Binance and Social Media X Blocked in Venezuela

Crypto Exchange Binance and Social Media X Blocked in Venezuela

12.08.2024 16:08 1 min. read Alexander Stefanov
SHARE: SHARES
Crypto Exchange Binance and Social Media X Blocked in Venezuela

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.

With over 8 years of experience in the cryptocurrency and blockchain industry, Alexander is a seasoned content creator and market analyst dedicated to making digital assets more accessible and understandable. He specializes in breaking down complex crypto trends, analyzing market movements, and producing insightful content aimed at educating both newcomers and seasoned investors. Alexander has built a reputation for delivering timely and accurate analysis, while keeping a close eye on regulatory developments, emerging technologies, and macroeconomic trends that shape the future of digital finance. His work is rooted in a passion for innovation and a firm belief that widespread education is key to accelerating global crypto adoption.

Telegram

SHARE: SHARES
More Others News
No Comments yet!

Your Email address will not be published.