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ALARMING NEWS ALERT ‼️🚨‼️‼️‼️🚨‼️‼️🚨 In Pakistan, People's are encountered three P2P forward disputes on Binance, not due to buyer complaints, but because their accounts were blocked, which in turn led to my account being blocked. Each dispute had common factors: the buyers engaged in deals outside of Binance, received payments from others, bought USDT from me, and then sold it at a higher rate elsewhere. In all three cases, the buyers were new and made transactions outside of Binance. They negotiated deals, received money from third parties, purchased USDT from me, and sold it without securing proof or sources of funds from those they transacted with. Subsequently, the original senders of the funds filed fraud complaints against the buyers, resulting in the buyers' accounts being blocked and subsequently my account as well. In one dispute, after investigation, the payment was credited to my account as one buyer settled with the sender. However, in the remaining two cases, the buyers did not settle, and I had to reverse the payments for the disputed transactions. Binance implements robust security measures for merchants, but many users try to buy USDT from Binance and sell it outside the platform. To ensure safer transactions when selling on Binance P2P, always obtain a video statement and the buyer's mobile number. The CNIC is less valuable in these cases. A video statement provides more substantial evidence of a legitimate transaction. Alternatively, record a video of their transaction history from the last 24 hours. If the payment is received in their account, request the CNIC of the person who sent the funds, or cancel the trade. This approach is safer and helps to avoid disputes. Taking these precautions will help protect your account and ensure more secure transactions on Binance P2P. It is crucial to stay vigilant and ensure all necessary evidence is collected to avoid the complications I experienced. #scam #pakistan
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Ethereum bulls halt momentum as whale accumulation signifies ETH may continue outperforming Bitcoin Ethereum community members favor term 'programmable money' as its new slogan before the approval of ETF S-1 applications. Santiment analyst expects Ethereum to continue outperforming Bitcoin following sustained whale accumulation. Ethereum bulls seem to be stepping on the brakes as they await more clarity on S-1 applications. Ethereum (ETH) followed a sideways trend on Tuesday as the crypto community seems to favor the term 'programmable money' as ETH's one-liner. Meanwhile, whales have continued accumulating ETH despite profiting from the recent price spike. Ethereum is trading around $3,837 on Tuesday as it enters a sideways movement. While current price movement suggests bulls may be running out of steam, it may also indicate a temporary slowdown until the market receives clarity on conversations surrounding the spot ETH ETF S-1 approvals.
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Medical Tech Firm Semler Scientific Invests in Bitcoin, Acquires 581 $BTC Joining the trend initiated by Microstrategy in 2020, another company has reportedly begun holding bitcoin on its balance sheet. Semler Scientific, Inc., known for developing, manufacturing, and marketing products and services for early detection and treatment of chronic diseases, was co-founded by Dr. Herbert J. Semler in 2007. Eric Semler, the company’s chairman, expressed a strong belief in bitcoin’s future. “Our bitcoin treasury strategy and purchase of bitcoin underscore our belief that bitcoin is a reliable store of value and a compelling investment,” Semler stated. “Bitcoin is now a major asset class with more than $1 trillion of market value. We believe it has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability.”
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A prestigious Swiss university is launching an innovative training program on Bitcoin, paving the way for a deep understanding of cryptos in the business world. However, the high course fee raises questions about its accessibility. The Zurich University of Applied Sciences (HWZ) plans to launch an unprecedented course in Europe on Bitcoin, aimed at professionals wishing to integrate cryptos into their business model in March 2025. This intensive 16-day program, priced at 9,950 Swiss francs (nearly 11,000 dollars), promises to deeply explore the ins and outs of the first crypto. Participants will discover the fundamental economic principles of bitcoin, its impact on traditional finance, and the intricacies of the underlying blockchain technology. The course will also cover the regulatory and legal aspects surrounding this digital asset to facilitate adoption in compliance with the legal framework.
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PEPE has become the biggest gainer on a weekly scale and the popular meme coin has only doubled down on its run in the past 24 hours. A further 13% surge since yesterday has propelled PEPE to yet another all-time high of just over $0.000017. In fact, only JASMY has outperformed it on a 24-hour scale. FLOKI and BONK are also well in the green, with gains of around 13% each. Even though most larger-cap alts are sluggish, Ethereum has taken the main stage with a 3.5% surge. As a result, the second-largest cryptocurrency now trades well above $3,900. In contrast, DOGE, XRP, TRX, AVAX, NEAR, and BCH are slightly in the red. The total crypto market cap has maintained its position since yesterday at just over $2.7 trillion.
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