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Binance, in order to maintain a high quality trading environment, will delist and stop trading multiple spot trading pair, such as CAKE/TUSD DYDX/BNB LAZIO/BTC. This announcement was made by the exchange on 29 May 2024.

Market Quality Reviews: Periodic Reviews

Binance, a leading cryptocurrency exchange in the world, regularly assesses all of its spot trading pairs. These assessments are intended to protect users and maintain the integrity of the market. As part of this process, the exchange may choose to delist any pairs with low liquidity or trading volume.

The announcement did not specify the exact pairs that were removed. The delisting is expected to be complete by May 31, 2020.

Spot Trading Bots: Impact

Binance will terminate Spot Trading Bots for the affected pair(s) as part of its delisting procedure at 03.00 (UTC), May 31, 2024. It is strongly recommended that users who use these bots update their bots or cancel them to avoid possible losses.

Binance stressed the importance of referring to the original English version for the most accurate and up-to-date information.

Warnings and User Guides

In the announcement, there were several disclaimers that reminded users of the inherent risk associated with trading digital assets. Binance warned that investments can fluctuate dramatically in value and that users should only make investments they understand. The exchange recommended consulting independent financial advisors prior to making investment decisions.

Binance reserves the right to modify or cancel any announcement without prior notice at any time. This is why it's important to stay up-to-date with the most recent information straight from the platform.

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Astar & Startale - Shining light on Web3 Mass Adoption

We are at a critical moment in the development of blockchain technology. Astar and Startale have shown us that web3 adoption is a matter of leveraging its deep tech potential and enterprise reach. Enterprises are in a unique position to bring blockchain to the mainstream thanks their extensive networks and contact points with consumers. As per astar.network: Here's how and why Astar and Startale will lead this transformation.

The Enterprise Advantage

Enterprises interact daily with millions of customers, which makes them powerful vehicles to introduce blockchain technology to the mass market. These organizations are trusted, have extensive resources and can scale innovative solutions quickly. Enterprises can introduce web3 benefits and a wider audience by integrating blockchain technology into their operations. They also gain a new market, as well as new ways to interact their customer base.

The actual integration process is not always clear. Astar and Startale are aiming to bridge this gap. Due to its initial strategic focus in Japan and APAC, the team is well positioned to excel. This allows for direct interaction with enterprises and educational opportunities. This creates trust and rapport that leads to long-lasting working relationships.

Strategic Partnerships

Astar and Startale begin by forming strategic alliances across industries. Their Japanese roots and top-notch hiring combined with their on-the ground presence gives them an advantage. They can demonstrate blockchain's transformative power in real-world scenarios by collaborating with companies such as Sony Japan Airlines, Mazda Casio Calbee JR Kyushu and Casio. In 2023, for example, they collaborated with Calbee to demonstrate how blockchain could be used in NFTs to create engaging and consumer-centric campaigns.

Building Robust Infrastructure

Astar Network and Startale Labs developed a robust and scalable blockchain infrastructure that is tailored to enterprise needs. Layer 1 and Layer 2 scaling ensures the network can handle large transaction volumes without compromising on speed or efficiency. The security of enterprise data remains paramount. Top-tier audits are completed by high-quality firms.

This infrastructure gives businesses confidence, as it proves that blockchain technology is not only possible but also reliable. Businesses can be confident that their data and transaction are secure. This allows them to concentrate on innovation and growth.

Blockchain Integration Made Simple

Astar's and Startale’s platforms are intuitive and enterprise friendly, allowing seamless integration of Blockchain technology into existing systems. Businesses can easily adopt blockchain technology with the help of comprehensive tools, APIs and extensive documentation. The company offers detailed tutorials and round-the-clock assistance to help enterprises through the entire integration process.

Regulatory Compliance

Enterprise adoption is dependent on the ability to navigate the complex regulatory environment. Astar and Startale are collaborating at both the local and national level, advocating for less restrictive regulation and participating in Web3 discussions. They work with legal experts so that their solutions are always in front of regulatory changes. This builds trust and credibility between their partners.

Encouragement of Collaboration and Community Engagement

For sustainable growth, a vibrant community is vital. Astar and Startale provide grants and incentives to encourage open-source contributions, and foster innovation. The community-driven model ensures that their ecosystem is continuously improving and growing collaboratively. They have created a pipeline for native teams and developers to connect with service providers that may be needed by enterprises.

Staying ahead of the curve

Innovation is an ongoing journey. Astar and Startale both have dedicated teams that are immersed in the research and development of new technologies to enhance existing solutions and explore them. They can gather feedback from their users and partners to ensure that they are able to adapt their offering in line with the market's needs. Astar and Startale are always ahead of the curve because they have a commitment to innovation.

Blockchain: Shaping the Future

Enterprises are key to unlocking the future of web3. Astar Network, Startale Labs, and other leaders are leading the way with their robust infrastructure, regulatory compliant, community engagement and continuous innovation.

Join us on this revolutionary journey. Together, we can accelerate the adoption of blockchain technologies, changing the landscape for enterprises and creating new opportunities. It's time to join the revolution. Astar and Startale are investing in the future - together, let's shape blockchain's future.

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