#BinanceEarnProgram
#SecureYourProfits #Square Task Center: Complete Daily Tasks to Share 5,000 USDC and Earn Binance Points This Christmas!
2024-12-19 03:00

$BTC BTC/USDC
$99,154.58
-6.04%
This is a general announcement. Products and services referred to here may not be available in your region.

Fellow Binancians,

As part of the Binance Christmas Calendar this year, Binance Square is pleased to introduce a new campaign on the Task Center on the Binance App. Users can complete simple tasks daily to unlock a share of 5,000 USDC token vouchers and earn Binance Points.

Activity Period: 2024-12-19 06:00 (UTC) to 2024-12-25 06:00 (UTC)

Complete Daily Tasks to Earn a Share of the 5,000 USDC Reward Pool and Binance Points

Users can access the Task Center from the Creator Center on Binance Square. Please note, Task Center is only available on the Binance App. All eligible users can complete each of the following tasks once every day during the Activity Period.

Tasks:

Check in to Binance Square daily.*

Create a post of at least 100 characters using the limited-time hashtag (e.g., $BTC ) OR selected trading pair of the day.

For new Square users who have never posted on Square before the Activity Period, their first post will count as two Participation Tickets.

Notes:

The limited-time hashtag and selected trading pair of the day will be refreshed daily at 06:00 (UTC) and will run for 24 hours.

Completion of check-in AND creation of post (either with the hashtag OR the trading pair) counts as 1 Participation Ticket. Users will need to complete both tasks within the 24-hour window for it to be counted as a valid entry.

Rewards Structure

5,000 USDC Reward Pool:

Reward per Eligible Participant = Number of Participation Tickets Obtained / Total Number of Participation Tickets Obtained by All Participants * Reward Pool, capped at 5 USDC per participant.

Binance Points:

Tasks
Binance Point(s) Awarded per Eligible User per Day
Check in to Binance Square daily*
1 Binance Point

*3 Binance Points will be awarded to users who check in daily on the 7th consecutive day.
Create a post with the limited-time hashtag OR selected trading pair
5 Binance Points
Stay tuned for new opportunities to earn rewards this Christmas! To discover more promotions and surprises featured in the Christmas Calendar, please click here.

#MyFirstSquarePost New to Binance Square, thrilled to share and connect with everyone here!
Here are a few of Binance’s security measures that help to prevent cyberattacks:

Cold wallets. Ever since the notorious Mt. Gox hack,1 security experts have warned exchanges to always keep the vast majority of their crypto on devices that are not connected to the internet. Binance doesn’t disappoint here, as it states that the “vast majority” of its crypto is stored in cold wallets, outside of the grasp of cyberattackers.
Two-factor authentication (2FA). Like most crypto exchanges, Binance allows you to implement 2FA on your account. If you turn this feature on, you’ll be required to enter a code from your phone every time you log in or make a withdrawal. You can use text messaging or an authenticator app to receive the code. Unlike most exchanges though, Binance also allows you to use a hardware device such as Yubikey to receive the code, which is an even stronger method than using a mobile app.
Real-time monitoring. Binance tracks every action done on the exchange, and it has an algorithm that analyzes activity to see if it is unusual. Any action identified as suspicious results in a 24-to-48-hour freeze on withdrawals from your account. If you actually did authorize the action, you can contact customer service to have the freeze removed, or you can just wait for the time period to pass. But if your account was hacked, the 24-to- 48-hour freeze should give you enough time to alert the staff that your account has been compromised.
Access control. If you want further protection, you can set up “access control” mechanisms on Binance that limit withdrawals to only certain IP addresses or wallet addresses.
Organizational Security. Binance uses advanced organizational security systems to help keep its crypto secure, including threshold signature schemes (TSS)2 that require multiple parties to authorize a transfer from one wallet to another.
Security notifications. If Binance’s system detects suspicious activity on your account, it immediately notifies you through email.
Data encryption. Social Security numbers, addresses, and other personal data is stored in encrypted form, making it very difficult for a hacker to get this information.
Secure Asset Fund for Users (SAFU). Binance keeps a $1 billion fund available to reimburse users in case there is a major breach of Binance’s platform. This should help to make sure that the company does not go bankrupt and fail to pay its obligations to users.
Binance has some of the most advanced security systems of any crypto exchange. But it isn’t completely secure. In the next section, we’ll go over some risks of using Binance.
#SecureTomorrow #SecureYourProfits #Secure_the_bag🚨 #CryptoUsersHit18M

Finding yourself with a blocked Binance account is a tough blow. Imagine the situation: you finally have a few minutes to check your investments, you open the application and there, bam, impossible to access your account. We have all heard of this kind of problem, but when it happens to you, it’s something else. Don’t panic, there are solutions to unblock the situation, and they are simpler than you think.
In this article, I will explain why this can happen and most importantly, how you can regain access to your account. Don't worry, we'll go through it all together.

In November 2024, a total of 21 hacking incidents occurred, resulting in approximately $76.86 million in losses, with $25.5 million recovered. The causes included contract vulnerabilities, account hacks, and price manipulation. Additionally, there were 9,208 phishing victims this month, with losses amounting to $9.38 million.

Major Security Incidents in November

MetaWin
On November 4, 2024, blockchain investigator ZachXBT reported that crypto gambling platform MetaWin was hacked, resulting in over $4 million stolen on Ethereum and Solana chains. According to MetaWin CEO Skel, the attackers exploited the platform’s frictionless withdrawal system to breach MetaWin’s hot wallet.

DeltaPrime
On November 11, 2024, DeFi protocol DeltaPrime was attacked on Avalanche and Arbitrum, with an estimated loss of $4.75 million. The root cause of the attack was the lack of input validation in the reward claim function.

Thala
On November 15, 2024, Aptos-based DeFi project Thala was hacked, resulting in $25.5 million in losses. The attackers exploited a vulnerability in the project’s smart contract. The team halted affected smart contracts and froze approximately $11.5 million in assets. After working with law enforcement and blockchain security teams, the project recovered a significant portion of the stolen funds, allowing the attacker to keep $300,000 as a bounty.

DEXX
On November 16, 2024, several users of the DEXX on-chain trading terminal reported stolen funds. According to SlowMist security team statistics, the losses amounted to $21 million. SlowMist is assisting DEXX and its partners in ongoing investigations. On November 28, SlowMist released data identifying 8,612 attacker addresses on the Solana chain, with attacker addresses on EVM chains to be disclosed after further analysis.

Polter Finance
On November 17, 2024, Fantom-based DeFi project Polter Finance was hacked, incurring losses of approximately $12 million. The attacker exploited a flash loan to deplete BOO token reserves, artificially inflating its price. This allowed them to borrow tokens far exceeding the collateral’s actual value, profiting massively. The platform’s founder stated that they had filed a report with Singaporean authorities and reached out to the attacker via on-chain messages for negotiation, but no response has been received.

AI Poisoning Attacks Alert
While the number of security incidents and associated losses decreased compared to the previous month, the SlowMist security team observed genuine AI poisoning attacks targeting the crypto industry. Developers, in their pursuit of efficiency, may have overly relied on AI-generated code without adequately auditing its security.

#SecureYourProfits #HackerAlert