Binance Square
LIVE
Grégoire
@Square-Creator-012244531
Following
Followers
Liked
Share
All Content
LIVE
--
🤔🤔
🤔🤔
LIVE
Binance News
--
Trader Reflects on August Market Volatility and Strategy
According to Odaily, trader Eugene Ng Ah Sio shared his recent trading experiences on social media, highlighting the significant market fluctuations in August. At the beginning of the month, Bitcoin's sharp decline to $50,000 triggered his stop-loss, which was set above $60,000. He attempted a long position around the mid-$50,000 range but was stopped out again, resulting in manageable overall losses. Subsequently, he successfully identified the bottom for SOL and ETH, achieving approximately a 10% return after an initial stop-loss.

On August 8, he executed a substantial long position in SOL, buying at $141 and selling at $157, yielding a profit of $3 million before returning to a closed position. Ng Ah Sio noted that the market's rapid fluctuations in August required high precision in execution, and his performance did not meet his expectations. Despite this, he plans to continue employing the same strategy of taking long positions before market shifts, as the potential rewards outweigh the risks. Looking ahead to September, he expressed uncertainty about the market and refrained from making long-term predictions.
LIVE
Binance Square Official
--
Share your #CryptoWatchMay2024 to win up to 500 FDUSD!
Join the #CryptoWatchMay2024 campaign and win up to 500 FDUSD! Make your list of top 5 tokens to watch on Binance in May 2024, providing insightful information about the projects, their price movements and future predictions. Make sure to feature at least one of the recent Binance additions: Renzo, BounceBit, Saga, Tensor, or Wormhole.

Campaign Period: 2024-05-03 00:00 to 2024-05-08 23:59 (UTC)
To Participate: 
Use #CryptoWatchMay2024 while sharing your top 5 crypto list on Binance Square. Make sure to feature at least one of the recent Binance additions: Renzo, BounceBit, Saga, Tensor, or Wormhole.

Include:

1. Information about each project;
2. Recent price movements;
3. Future price predictions.
Guidelines:
Make certain your content is original, filled with insightful information, and based on real incidents. Posts with high engagement lacking original content may be disqualified.

Winner Selection: 
Four posts generating the most interaction will each be rewarded with 125 FDUSD.

Terms and Conditions:
This campaign may not be available in your region.Submissions will be evaluated by a panel from the Binance Square team, based on topic relevance, formatting, research quality, factual sourcing, and originality. Content must also align with Campaign Rules.Winners of the week will be notified before next Friday via a push notification under Creator Center > Square Assistant. The FDUSD token vouchers will be distributed within 30 working days after the activity ends. Entries by Media & Project partners will not be considered for this campaign.The FDUSD token voucher rewards will be distributed within 21 working days after the activity ends. Users may check their rewards via Profile > Rewards Hub. The validity period for the token voucher is set at seven days from the day of distribution. Learn how to redeem a voucher.Illegally bulk registered accounts or sub-accounts shall not be eligible to participate or receive any rewards. Binance reserves the right to disqualify any account acting against the Binance Square Community Guidelines or Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating or suspending this activity, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this activity.Where any discrepancy arises between the translated versions of this announcement and the original English version, the English version of this announcement shall prevail.Additional promotion terms and conditions can be accessed here.
Edward Snowden $BTC
Edward Snowden $BTC
LIVE
Crypto De Nostradame
--
Bullish
Urgent Privacy Warning from Edward Snowden to the Bitcoin Community!

*Edward Snowden, famous whistleblower, issued an urgent warning to the Bitcoin community about privacy at the protocol level
*This warning came after Wasabi Wallet announced that it would stop its coordination service in June 2024, and this decision raised significant concerns in the crypto space
*Snowden continues his long-standing defense of advanced privacy features in Bitcoin's underlying infrastructure

Edward Snowden is issuing an urgent warning to the Bitcoin community about protocol-level privacy following Wasabi Wallet's decision to discontinue its coordination service
Famous whistleblower Edward Snowden, who revealed mass surveillance programs, issued an important warning to the Bitcoin community. He argues that addressing privacy at the protocol level is running out of time. This warning is in response to Wasabi Wallet, a leading player in Bitcoin privacy solutions, announcing that it will discontinue its coordination service as of June 1, 2024

This decision, attributed to the company zkSNACKs, caused great concern in the crypto space. This decision affects people using other wallet clients connected to the zkSNACKs coordinator, these wallets include Trezor Suite and BTCPayServer. Despite the termination of the Coinjoin coordination service, Wasabi Wallet will continue to function as a BTC wallet with reduced privacy features

Snowden expressed genuine sadness upon hearing this news and suggested that Wasabi Wallet might explore options for implementing a decentralized coordinator or alternative configurations to maintain privacy protections. He emphasized the importance of urgently integrating protocol-level privacy measures into the Bitcoin protocol and has advocated for this critical development for years.

The well-known privacy advocate has long been a vocal advocate for increasing privacy in cryptocurrencies. Snowden has emphasized over the years the need to integrate advanced privacy features into Bitcoin's underlying infrastructure to protect users' financial sovereignty.
$SOL
$SOL
LIVE
Coinaute
--
The price of Solana ($SOL) is "preparing for a violent breakout, 🚀📉
The price of Solana ($SOL) is "preparing for a violent breakout," according to a popular cryptocurrency analyst known for accurately predicting the 2018 crypto market bottom. In a recent post shared on the microblogging platform X (formerly Twitter), the analyst, who operates under the pseudonym Bluntz Capital and boasts over 250,000 followers, displayed a Solana price chart indicating the cryptocurrency is forming higher lows after three corrective waves.

Bluntz employs Elliott Wave Theory, a form of technical analysis suggesting that the price movements of an asset occur in a specific five-wave pattern. This theory, developed in the 1920s by Ralph Nelson Elliott, posits that market trends unfold in repetitive cycles driven by investor psychology, typically consisting of a five-wave progression in the direction of the dominant trend followed by a three-wave corrective phase. These fractal wave patterns are based on the psychology of the masses.

Recently, Bluntz also hinted that Bitcoin's price might reach a new all-time high "within the next 1 to 2 weeks," following his prediction of a "maximum pain scenario" for Bitcoin, which would occur before a "true rise." On the microblogging platform, he suggested that the scenario would involve BTC losing its recent peak, prompting investors to buy the dip in anticipation of further increases, believing it to be some sort of triangular breakout.

It's noteworthy that Bluntz famously predicted in June 2018 that the bear market, which saw Bitcoin's price drop from a near all-time high of $20,000, would bottom out with the coin trading at $3,200. This prediction was nearly accurate, as BTC hit this target in December of the same year.
Codebase by #Avalanche organise sa première journée de démonstration le 30 mai #AVAX $AVAX
Codebase by #Avalanche organise sa première journée de démonstration le 30 mai #AVAX $AVAX
LIVE
Avalanche_CN
--
Come see the future of groundbreaking projects building on Avalanche 🔺 Codebase by Avalanche is hosting its inaugural Demo Day May 30th, alongside the Consensus Conference in Austin. We’re inviting our closest ecosystem members to come support the 15 selected cohort companies, who will present and pitch for a $400k investment prize pool! Apply to RSVP for the event:
LIVE
Hashdeer1
--
اغلبكم خمن صح 🔥
العمله هي ‪#Rez‬
انا مش بحب اعمل شير لمشاريع لاسباب كتير ولاكن الحلو ف مشاريع اللي بتنزل علي منصه بينانس ان ريسك فيها قليل وتقدر تعمل ربح محترم والموضوع بسيط وغير معقد انت محتاج بس تخزن Stake عمله BNB وهينزلك العملات ك مكافئة.
وكمان منصه بيننانس بتختار بدقه المشاريع ودا كويس هنزلكم معلومات اكتر نهارده عن العمله وربنا يوفقكم❤️
لو مش عامل حساب علي المنصه دا اللينك بتعها

☀️
‏‪#Binance‬:
‏‪https://accounts.binance.info/register?ref=YMCCASKT‬

#RENZOLAUNCHPOOL
LIVE
Binance Announcement
--
Le Megadrop en BounceBit (BB) est maintenant ouvert : souscrivez aux produits verrouillés en BNB ou terminez les quêtes Web3 pour participer !
IMPORTANT : Binance sera la première plateforme à lister le token mentionné dans cette annonce. Toute annonce de mise en vente de ce token avant la date indiquée constitue une publicité mensongère. Menez vos propres recherches pour assurer la sécurité de vos fonds.
Chers Binanciens, Chères Binanciennes,
Binance a le plaisir d’annoncer le premier projet sur Binance Megadrop, BounceBit (BB), une blockchain de restaking BTC. Les utilisateurs et utilisatrices peuvent commencer à participer au Megadrop en BounceBit à partir du 26/04/2024 à minuit (UTC). La page du Megadrop en BounceBit devrait être disponible sur l’application de Binance dans cinq heures.
Binance listera ensuite le BounceBit (BB) le 13/05/2024 à 10 h 00 (UTC) et ouvrira le trading avec les paires de trading BB/BTC, BB/USDT, BB/BNB, BB/FDUSD et BB/TRY. Le libellé de financement sera appliqué au BB. Vous pouvez trouver plus informations sur BounceBit (BB) dans notre rapport de recherche.
Période du Megadrop en BounceBit :
Du 26/04/2024 à minuit (UTC) au 12/05/2024 à 23 h 59 min 59 sec (UTC)Période d’instantané des produits verrouillés en BNB : Pour maximiser les scores en BNB verrouillés, les utilisateurs et utilisatrices peuvent commencer à verrouiller leurs BNB dans des produits verrouillés en BNB avant le 26/04/2024 à minuit (UTC), car des instantanés horaires des montants de souscription des utilisateurs et utilisatrices seront pris pendant cette période. Pour en savoir plus sur les produits verrouillés en BNB, consultez la FAQ.Période de quête Web3 : Les utilisateurs et utilisatrices peuvent effectuer une ou plusieurs quête(s) Web3 pendant la période de quête.Quête 1 Web3 : « Stakez 0,0001 BTCB sur BounceBit » (Tutoriel) Le 13/05/2024 à 06 h 00 (UTC)Distribution des récompenses : les utilisateurs et utilisatrices peuvent consulter leurs récompenses Megadrop dans le portefeuille Spot de Binance.
Détails du Megadrop en BounceBit :
Nom du token : BounceBit (BB)Supply maximale de tokens : 2 100 000 000 BB Récompenses de tokens sur Megadrop : 168 000 000 BB (8 % de la supply maximale de tokens)Supply initiale en circulation : 409 500 000 BB (19,5 % de la supply maximale de tokens)
Détails du smart contract : BounceBitAdmissibilité de l’utilisateur : KYC requis dans les juridictions admissiblesHard cap par utilisateur : 1 344 000 BBCalcul des récompenses : score total = (score de BNB verrouillés * multiplicateur de quête sur le Web3) + bonus de quête sur le Web3Score de BNB verrouillés (basé sur des instantanés horaires pendant la période d’instantané des produits verrouillés en BNB) = (montant moyen en BNB verrouillés sur 120 jours x 130) + (montant moyen en BNB verrouillés sur 90 jours x 120) + (montant moyen en BNB verrouillés sur 60 jours x 110) + (montant moyen en BNB verrouillés sur 30 jours x 100) Multiplicateur de quête Web3 : 1,5Bonus de quête Web3 : 1 000
Comment vous lancer sur Binance Megadrop* ?
Connectez-vous à votre compte Binance.Souscrivez aux produits verrouillés en BNB et/ou terminez toutes les quêtes sur le Web3 désignées via Megadrop sur l’application de Binance pour accumuler des scores. Pour terminer les quêtes sur le Web3, assurez-vous d’avoir au moins un Web3 Wallet de Binance actif. Créez votre premier Web3 Wallet maintenant si vous ne l’avez pas encore fait.Après avoir terminé toutes les quêtes sur le Web3 désignées, cliquez sur le bouton [Vérifier] sur la page du projet Megadrop avant la fin de la période de quête pour obtenir avec succès le bonus de quête sur le Web3 et le multiplicateur de quête sur le Web3.Recevez des récompenses sur Megadrop en fonction de votre score total.
* Remarques :
Les portefeuilles externes importés dans le Web3 Wallet de Binance ne seront pas pris en compte. Seuls les portefeuilles sauvegardés créés dans le Web3 Wallet de Binance peuvent participer à Megadrop. À propos des produits verrouillés en BNBLes utilisateurs recevront des scores différents pour chaque souscription active en fonction de la période de souscription. Plus la durée est longue, plus le score en BNB verrouillé est élevé. Reportez-vous à la page des produits verrouillés en BNB pour connaître les derniers APR et les limites maximales de souscription.Les utilisateurs peuvent recevoir des récompenses Megadrop et Launchpool en même temps (le cas échéant). Il n’est pas nécessaire de rembourser des positions de produits verrouillés en BNB pour participer aux Launchpools. Les actifs de BNB Vault ne seront pas pris en compte dans le calcul du score Megadrop.
Liens du projet BounceBit (BB) :
Site WebWhitepaperXMedium
Informations complémentaires :
Binance présente Megadrop, une plateforme de lancement de tokens proposant des airdrops et des quêtes sur le Web3Qu’est-ce que Binance Megadrop ?Qu’est-ce que le Web3 Wallet de Binance et comment fonctionne-t-il ?Comment sauvegarder votre Web3 Wallet de Binance ?Questions fréquentes sur les produits verrouillés en BNB et sur Megadrop
Conditions générales :
Seuls les utilisateurs qui effectuent la vérification d’identité dans les juridictions admissibles peuvent participer au Megadrop en BounceBit (BB). Pendant la période d’instantané des produits verrouillés en BNB, des instantanés des montants de souscription aux produits verrouillés en BNB des utilisateurs seront pris plusieurs fois à tout moment chaque heure pour obtenir la moyenne horaire des souscriptions des utilisateurs et calculer le score en BNB verrouillés des utilisateurs. Le score en BNB verrouillés sera mis à jour quotidiennement.Les différents sous-comptes ne seront pas considérés comme des comptes indépendants lorsque vous participez à ce Megadrop. Le montant de la souscription des sous-comptes sera combiné avec le montant standard de la souscription du compte principal.
Merci de votre soutien !
L’équipe Binance
25/04/2024
Il y a 13 ans, jour pour jour… $BTC
Il y a 13 ans, jour pour jour… $BTC
LIVE
Crypto Web3 Today
--
Bullish
Satoshi Nakamoto Delivered Final Words on Bitcoin 13 Years Ago Today.

Thirteen years ago, on April 23, the enigmatic figure known as Satoshi Nakamoto delivered his final instructions on the Bitcoin (BTC) ecosystem. This landmark moment, occurring just four months after Nakamoto's last public statement in December 2010, marked a pivotal juncture in the trajectory of the world's leading cryptocurrency.

In emails revealed from former Bitcoin Core developer Mike Hearn, Nakamoto expressed a sense of passing the torch, stating, "I've moved on to other things. It's in good hands with Gavin and everyone."

Speculation abounds regarding Nakamoto's motivations for stepping back from the project. Some suggest a divergence in vision, particularly in light of efforts to align Bitcoin with initiatives like WikiLeaks donations. Others point to external pressures, such as the reported CIA inquiry into Gavin Andresen, a key figure in the cryptographic community.

Good hands.

Regardless of the reasons behind it, the period following Nakamoto's departure witnessed a meteoric rise in Bitcoin's prominence. From its humble origins, Bitcoin surged in popularity, capturing the imagination of tech enthusiasts and investors.

The cryptocurrency's price skyrocketed, reaching unprecedented heights and establishing a new paradigm in digital finance.

Today, Bitcoin stands as a testament to Nakamoto's vision, a decentralized force reshaping economies and challenging traditional financial paradigms.

Despite numerous attempts to unmask the elusive creator, Nakamoto's identity remains shrouded in mystery, adding to the intrigue surrounding Bitcoin's origin story. Whether Nakamoto will ever step out of the shadows and reveal himself to the world remains one of the most intriguing mysteries in the crypto space.
L’évolution du prix du Bitcoin $BTC
L’évolution du prix du Bitcoin $BTC
Quoted content has been removed
LIVE
--
Bullish
Halving Bitcoin aujourd’hui à 2h30. $BTC
Halving Bitcoin aujourd’hui à 2h30.
$BTC
LIVE
Criptoaldia
--
El Halving de Bitcoin Despierta un Renovado Interés en la Educación Criptográfica
El reciente halving de Bitcoin ha generado un renovado interés en la educación criptográfica, con una serie de iniciativas dirigidas a empoderar a las personas con conocimientos sobre el fascinante mundo de las criptomonedas. Este evento tan esperado no solo ha puesto de relieve la importancia de comprender el funcionamiento de Bitcoin, sino que también ha desatado una ola de entusiasmo por aprender más sobre las oportunidades y desafíos que presenta el mercado criptográfico.
 
El halving de Bitcoin ha servido como un recordatorio contundente de la escasez inherente de esta criptomoneda y la importancia de su diseño único en el mundo financiero. A medida que más personas se familiarizan con los conceptos clave detrás del halving, se abre la puerta a una conversación más amplia sobre la necesidad de educación criptográfica para empoderar a los individuos en la era digital.
 
En respuesta al halving de Bitcoin, se han lanzado una serie de programas educativos diseñados para brindar a las personas las herramientas y los recursos necesarios para comprender y aprovechar al máximo el potencial de las criptomonedas. Desde cursos en línea hasta seminarios web en vivo, estas iniciativas están democratizando el acceso al conocimiento criptográfico y permitiendo que más personas participen en el mercado de manera informada y segura.
 
El halving de Bitcoin ha servido como un llamado de atención para aquellos que aún no han explorado el mundo de las criptomonedas, instándolos a buscar información y educación sobre este emocionante ecosistema financiero. Con una mayor conciencia sobre los beneficios y riesgos asociados con las criptomonedas, las personas pueden tomar decisiones más informadas sobre cómo participar en este mercado en constante evolución.
 
A medida que el mundo reflexiona sobre el impacto del halving de Bitcoin, queda claro que la educación criptográfica jugará un papel fundamental en el futuro del mercado de criptomonedas. Al elevar la conciencia y la comprensión sobre este tema, podemos construir un mundo donde todos tengan la oportunidad de participar en la revolución financiera que está cambiando la forma en que pensamos sobre el dinero y el valor.

https://tradingdifferent.com/code/4vh7NKsC

Descargo de responsabilidad: La información presentada no constituye asesoramiento financiero, de inversión, comercial u otro tipo y es únicamente la opinión del escritor, Las imágenes son solo con fines ilustrativos y no deben usarse para la toma de decisiones importantes. Al usar este sitio, acepta que no somos responsables de pérdidas, daños o lesiones derivadas del uso o interpretación de la información o imágenes.
LIVE
Criptoaldia
--
Binance Anuncia un Innovador Programa de Acceso Anticipado para Recompensas Web3
Binance, uno de los gigantes líderes en el mundo de las criptomonedas, ha dado un paso audaz hacia el futuro al lanzar un programa de acceso anticipado diseñado para recompensar a los pioneros de la tecnología Web3. Esta iniciativa revolucionaria no solo promete impulsar la adopción de la Web descentralizada, sino que también ofrece a los participantes la oportunidad de ser parte de un movimiento global hacia un ecosistema digital más inclusivo y democratizado.
 
El programa de acceso anticipado de Binance representa una invitación abierta a todos aquellos que desean explorar las infinitas posibilidades de la tecnología Web3. Al unirse a esta iniciativa, los usuarios tendrán la oportunidad de acceder a recompensas exclusivas y participar en proyectos innovadores que están dando forma al futuro de Internet.
 
Con la tecnología Web3 en ascenso y la creciente demanda de soluciones descentralizadas, el programa de acceso anticipado de Binance llega en un momento crucial. Al ofrecer a los participantes la oportunidad de involucrarse desde el principio, Binance está allanando el camino para una adopción más amplia y acelerando la evolución de la Web hacia un modelo más transparente y equitativo.
 
Los beneficios de participar en este programa no se limitan solo a las recompensas tangibles; también se extienden a la posibilidad de ser parte de una comunidad vibrante y colaborativa que está impulsando el cambio en el panorama tecnológico global. Aquellos que se unan a esta iniciativa no solo estarán cosechando recompensas financieras, sino que también tendrán la oportunidad de contribuir a la creación de un futuro más brillante y prometedor para todos.
 
Para los visionarios y emprendedores que buscan dejar su huella en el mundo de la tecnología, el programa de acceso anticipado de Binance ofrece una plataforma única para convertir sus sueños en realidad. Con un enfoque en la innovación y la colaboración, esta iniciativa está destinada a catalizar el crecimiento y la adopción de la tecnología Web3, abriendo nuevas fronteras de oportunidad para todos los que se atrevan a soñar en grande.

https://tradingdifferent.com/code/4vh7NKsC

Descargo de responsabilidad: La información presentada no constituye asesoramiento financiero, de inversión, comercial u otro tipo y es únicamente la opinión del escritor, Las imágenes son solo con fines ilustrativos y no deben usarse para la toma de decisiones importantes. Al usar este sitio, acepta que no somos responsables de pérdidas, daños o lesiones derivadas del uso o interpretación de la información o imágenes.
LIVE
Binance Square Official
--
[Alert! #ProtectCommunityStandards ]
We've noticed that some users continue to disregard our community rules by posting inappropriate content or engaging in prohibited actions despite reminders. We are sharing some common violations as examples.

Following community rules are important, thank you for keeping Binance Square a safe place. Refer to the Community Management Guidelines if you'd like to know more.
🚨 - Une vulnérabilité zero-day découverte sur iOS permettrait une infiltration passive de votre smartphone via iMessage. Il est recommandé de désactiver #iMessage pour protéger vos actifs crypto ⚠️ Source : Journal du Coin #ios #TRUSTWALLET #apple #info #news
🚨 - Une vulnérabilité zero-day découverte sur iOS permettrait une infiltration passive de votre smartphone via iMessage.

Il est recommandé de désactiver #iMessage pour protéger vos actifs crypto ⚠️

Source : Journal du Coin

#ios #TRUSTWALLET #apple #info #news
Pour ceux qui veulent découvrir $AVAX
Pour ceux qui veulent découvrir $AVAX
LIVE
Reacher Trade
--
#avalanche ( $AVAX ) Nedir?

Avalanche, kullandığı birden fazla mutabakat mekanizması sayesinde “işlem sonlandırma süresi bazında blockchain sektöründeki en hızlı akıllı sözleşme(smart contract) platformu” olduğu iddiasını öne sürmektedir. Platform dahilinde bulunan üç farklı blockchain kullanımıyla daha güvenilir ve ölçeklenebilir hizmetler sunar. Avalanche’ın yerel tokeni olan AVAX, ağ içerisinde hem ödüllendirme hem de ödeme sistemi olarak kullanılmaktadır.

Avalanche, kullanıcısına sunduğu çözümleri farklı yöntemlerin birlikte kullanılmasıyla sağlar. Bunlardan ilki Avalanche ağının birlikte çalışabilir üç blockchainden oluşuyor olmasıdır. Bunlar X-Chain, C-Chain ve P-Chain.

Tüm proseslerin tek bir zincir üzerinden yürütülmesi ile karşılaştırıldığında üç blockchainin farklı roller üstlenmesi Avalanche ağının daha hızlı ve daha ölçeklenebilir olmasındaki en büyük etkenlerden biridir.

Bu özellik, kullanılan blockchainlerin ihtiyaçlarına göre düzenlenmiş iki farklı mutabakat mekanizmasıyla birleştirilmiştir. Avalanche ve Snowman mutabakat protokolleri ağ ölçeklenebilirliğini ve işlem hızlarının artmasını sağlayan başlıca sebeptir.
$FIL
$FIL
LIVE
Cointelegraph
--
Filecoin Foundation Launches Chinese Legal Inquiry Into STFIL Incident
Filecoin Foundation, a nonprofit that promotes the development of Web3 storage protocol Filecoin, “has a lawyer in China” and is investigating the reported detention of Filecoin Liquid Staking (STFIL) team members, according to an April 13 social media post from foundation senior fellow Danny O’Brien.

Withdrawals from the STFIL protocol stopped working in early April after a developer wallet made several unscheduled upgrades and moved $23 million worth of Filecoin (FIL) tokens to an address whose owner is unknown. On April 8, the STFIL team announced that core technical members was detained by local Chinese police and that the mysterious upgrades and transfers had occurred during these detentions. This announcement left many users of STFIL wondering how they could recover funds.

In the post, O’Brien stated that “FF has a lawyer in China who has been looking into the incident,” adding that the foundation has “high confidence” that members of the STFIL team are in police custody. The foundation has not been able to confirm whether the police possess the funds, but they expect to know this information in “upwards of a week.” The foundation plans to allow its attorney to represent all staking providers and leasers in any court proceedings related to the incident.

O’Brien promised to share more information once the plan's details are finalized. He also asked staking providers who lost funds to provide contact details through a Google Doc or Slack Channel set up for this purpose.

Source: Filecoin Foundation senior fellow Danny O’Brien.

Filecoin is a decentralized storage protocol that allows PC owners to rent out their hard disk space to users with data storage needs. It requires storage providers to provide FIL tokens as collateral to guarantee that they store data per their agreements.

FIL holders can lend out their tokens to the storage providers, in which case they earn a portion of the fees collected. This process is called “FIL staking.”

STFIL is a protocol that pools FIL tokens and stakes them through a network of trusted storage providers. When users deposit FIL into the STFIL protocol, they receive STFIL tokens in exchange. When the protocol is functioning correctly, these STFIL tokens can be redeemed for their underlying deposited FIL plus accumulated staking rewards. However, this redemption process stopped functioning in April, after the unauthorized upgrades and transfers were made.

STFIL is not the only Web3 protocol to encounter criminal legal action in China. Users of the Multichain cross-chain bridging platform saw more than $1.5 billion of their crypto frozen after Chinese police arrested the protocol’s development team. The funds have still not been recovered. 

Fantom Protocol, one of the biggest depositors to Multichain, filed for bankruptcy in March in an attempt to pursue at least some of the lost Multichain funds through litigation. According to Fantom co-founder Andre Cronje, it may take “years” for investors to obtain a court order that can force police to hand over the funds.
$NEAR
$NEAR
LIVE
NEAR Protocol
--
All You Need to Know: NEAR @ Token2049 - Dubai 🇦🇪 ​After making waves at TOKEN2049 Singapore last year, NEAR is bringing the full force of its innovative and rapidly growing ecosystem to TOKEN2049 Dubai. Here's all you need to know: First up, if you prefer a longer read take a look at the blog released by the NEAR Foundation on NEAR's presence at Token2049! https://pages.near.org/blog/near-ecosystem-kicks-up-a-sandstorm-at-token2049-dubai/ ⭐️April 18th - AI x Web3: Pioneering Decentralized Intelligence Join Illia Polosukhin and a bunch of folks way smarter than this social media intern as they explore decentralized AI. Expect the black dragon to rep just what NEAR can do to save us from AI overlords. https://checkout.token2049.com/agenda/session/1301423 ⭐️April 19th - Sweat Economy's Billion-User Blueprint NEAR Foundation COO Chris Donovan sits down with Oleg Fomenko, the founder of Sweat one of the most used dApps in Web3, to discuss their plan to t̵a̵k̵e̵ ̵o̵v̵e̵r̵ ̵t̵h̵e̵ ̵w̵o̵r̵l̵d̵ bring a billion into Web3! https://checkout.token2049.com/agenda/session/1327628 ⭐️AND YES, THERE'S A BOOTH Meet some of the giga brains behind NEAR and some of the incredible teams building on it at the NEAR booth, April 18th - 19th. Now, you can read exactly what was written here but in a more formal style on the Luma page: https://lu.ma/d1mzjpw3
$FIL
$FIL
LIVE
Criptoaldia
--
Filecoin Foundation Despliega una Ofensiva Legal en China
La esfera de las criptomonedas se agita una vez más con un acontecimiento que sacude los cimientos del mundo digital. Filecoin Foundation, el titán de la tecnología blockchain, ha desencadenado una ofensiva legal en China para desentrañar el misterio detrás del incidente de STFIL. Este evento, que ha causado olas de especulación, ahora está bajo el escrutinio directo de expertos legales mientras la Fundación Filecoin busca respuestas contundentes en el corazón de uno de los mercados de criptomonedas más influyentes del mundo.
 
Con determinación inquebrantable, la Fundación Filecoin ha puesto su mirada en el epicentro del asunto: China. Este gigante económico y tecnológico se convierte en el escenario de una búsqueda implacable de la verdad. Bajo la lupa de la justicia, cada rincón y cada transacción se examinan meticulosamente en busca de claridad y responsabilidad. Filecoin demuestra su compromiso inquebrantable con la transparencia y la integridad, llevando la batalla por la verdad a nuevas alturas.
 
En un mundo donde la incertidumbre parece ser moneda corriente, Filecoin emerge como un faro de claridad y certeza. Su decisión de enfrentar el enigma de STFIL con una investigación judicial en China es un testimonio de su compromiso inquebrantable con la transparencia y la rendición de cuentas. En un movimiento audaz, desafía las sombras de la especulación con la luz de la verdad, estableciendo un nuevo estándar de integridad en el mundo de las criptomonedas.
 
En esta época de incertidumbre y volatilidad, Filecoin se erige como un paladín de la integridad. Al enfrentar directamente el desafío de STFIL a través de una investigación judicial en China, la Fundación Filecoin lidera el camino hacia un futuro más transparente y confiable para la industria de las criptomonedas. Su firme postura contra la opacidad y la duda envía un mensaje claro: en un mundo impulsado por la tecnología, la integridad es la moneda más valiosa de todas.
 
En un giro de los acontecimientos que dejará una marca indeleble en la historia de las criptomonedas, Filecoin se alza como un pionero de la transparencia y la responsabilidad. Con su investigación judicial en China, la Fundación Filecoin no solo busca respuestas, sino que también establece un precedente para un mundo digital más claro y seguro. En un momento de turbulencia y desconfianza, Filecoin se erige como un bastión de confianza y certeza, guiando a la industria hacia una nueva era de integridad y transparencia.

https://tradingdifferent.com/code/4vh7NKsC

Descargo de responsabilidad: La información presentada no constituye asesoramiento financiero, de inversión, comercial u otro tipo y es únicamente la opinión del escritor, Las imágenes son solo con fines ilustrativos y no deben usarse para la toma de decisiones importantes. Al usar este sitio, acepta que no somos responsables de pérdidas, daños o lesiones derivadas del uso o interpretación de la información o imágenes.
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number

Latest News

--
View More
Sitemap
Cookie Preferences
Platform T&Cs