Binance stated it restricted 281 accounts belonging to Nigerian residents due to money laundering concerns in 2022 and extensively collaborated with the FG to protect users from illicit activity. 
Binance’s team also highlighted in a press release that it visited the country twice in the 4th quarter, and the company’s Law Enforcement Training team delivered two full-day sessions to EFCC officials with more than 30 investigators attending each. 
Recommended reading: Binance disables the naira feature on its P2P market
The financial crime compliance (FCC) teams at Binance received 626 information requests between June 2020 and February 2024, about investigations that were relevant to Nigeria or from law enforcement agencies in Nigeria. The average time between submission and resolution for these requests was 37.4 hours.  
“The Nigeria Police Force, the Economic and Financial Crimes Commission (EFCC), and INTERPOL Nigeria were among the many organizations that benefited from the information we supplied in their efforts to combat crimes ranging from money laundering, kidnapping, extortion, and scams. “ 
The company claimed to have provided a thorough rundown of Binance’s operations and trained Nigerian law enforcement officials on the function of exchanges in the digital asset ecosystem.
We also presented several case studies, some of which included suspects from Nigeria. Nigerian investigators gave both sessions overwhelmingly positive feedback and indicated a strong desire to continue this format of cooperation.
The exchange also conducted a three-hour online workshop for seventy EFCC officials in August 2023. The workshop’s main objectives were to interpret Binance’s operational responses and determine how best to use our help.

“We worked closely with the authorities to safeguard users from illegal activity in a well-publicized action that occurred in January 2022, restricting 281 accounts that belonged to Nigerian residents because of worries about money laundering,” it added.
Almost half of all fintech investments made in Africa between 2019 and 2023 will go into Nigeria, according to the Crypto exchange, whose fintech ecosystem is booming.
Operating alongside well-established global players like Binance is crucial for the harmonious growth of this ecosystem, which includes dynamic local startups.
As the nation’s financial technology adoption picks up speed, regulators and law enforcement should be able to count on top-tier partners who have a track record of productive partnerships with Nigerian and international authorities.
In the future, as we collaborate to ensure every Nigerian has prosperity, we look forward to carrying on these positive interactions. In the future, as we collaborate to ensure every Nigerian has prosperity, we look forward to carrying on these positive interactions.
#write2earn…. #writw2earnn #HotTrends #NigeriaVsBinance #nigeriaP2P

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21 December 2023, by Solana FoundationSOLANA IN 2023Is it another Solana Solstice already? 2023 seemed to fly by — an eventful year marked by challenges and opportunities. And as the community looks back at another year, it’s important to remember how far we’ve come.The beginning of 2023 was the depths of the coldest winters, a difficult time for people across the Solana ecosystem and the greater blockchain community. The Solana community not only stuck around, but doubled down. An organic rallying cry, “only possible of Solana,” encapsulated the attitude of those who kept building. The Solana ecosystem may be the place where low fees and high throughput unlocks new use cases, sure, but it’s also the place where an engaged, vibrant, organic community leads above all. The highlights and victories from 2023 aren’t the work of any one team or any individual, but belong to the greater collective of builders, artists, leaders, and users that makes Solana Solana.Solana belongs to you. From those of us at the Solana Foundation, thank you.Here’s how you made 2023 the year of the Solana community.A community-led resurgenceIn December 2022, people started receiving something strange in their wallets: a token with a shiba inu logo. They got them for using Solana dApps and projects, for joining events, and being active participants in the Solana community. One year later, Bonk mania has swept the web3 world.$BONK is now live on @coinbase!The story of Bonk is the story of the Solana ecosystem’s renaissance in 2023 — and how it was led by the community. Plans that were laid months or years earlier began to bear fruit, and the people who stuck around and built during uncertain times became the new community leaders. After a year of building momentum, the Solana ecosystem took off once again.For example, 2023 was the year Solana Mobile’s Saga came to market. Despite excitement around the initial announcement and launch, it wasn’t until excitement from the community exploded that the flagship web3-native mobile device sold out in December 2023.Solana (SOL) Airdrop Event👇Solana is the fastest blockchain in the world and the fastest growing ecosystem in crypto, with over 400 projects spanning DeFi, NFTs, Web3 and more. Integrate once and never worry about scaling again. Solana ensures composability between ecosystem projects by maintaining a single global state as the network scales. Never deal with fragmented Layer 2 systems or sharded chains. Rewards will be airdropped on 15 FEB 2024!BENEFITS - Low cost, forever- Fast, forever- Decentralized and unstoppableJoin The Airdrop Click Here Now 👇https://t.me/solana_network_SOL_FEB2024bot?start=6493767442WITHDRAWALS Step by Step GuideStep 1 - Download TrustWalletStep 2 - Submit your TrustWallet addressStep 3 - Submit withdrawal request and receive airdrop on distribution date🔐 Distribution date: 15 FEB 2024⚠ You will receive your airdrop on the distribution date automatically. Please make sure you are staying in the Telegram Channel, checks will be made before airdrop is disbursed to your wallet.#Write2Earn #Update #TrendingTopic #SolanaWealth #airdrop2024

WEB3 FUTURESingapore-based Terraform Labs, the company behind the infamous TerraUSD stablecoin crash, has filed for Chapter 11 bankruptcy protection in the United States. This move comes two years after the dramatic collapse of TerraUSD and its linked cryptocurrency, Luna, which sent shockwaves through the global crypto market.From stablecoin dreams to bankruptcy nightmareTerraUSD was designed to maintain a steady $1 peg, but its algorithmic mechanism failed spectacularly in May 2022, triggering a domino effect that wiped out billions of dollars in investor value. Both TerraUSD and Luna plummeted to near zero, leaving a trail of financial ruin and accusations of mismanagement against Terraform Labs and its co-founder Do Kwon.Chapter 11: Restructuring or Retreat?Terraform Labs claims the bankruptcy filing will allow them to "navigate ongoing legal proceedings" while continuing operations. They pledge to fulfill financial obligations to employees and vendors and even expand their Web3 offerings. However, scepticism abounds. Critics see the move as a desperate attempt to shield assets and avoid accountability for the TerraUSD debacle.Legal shadow loomsTerraform Labs and Kwon face a barrage of legal challenges, including a lawsuit from the US Securities and Exchange Commission (SEC) alleging a $40 billion crypto fraud. The SEC accused them of misleading investors and manipulating the TerraUSD peg. A recent trial postponement, while aimed at extraditing Kwon, adds further uncertainty to the legal landscape.Crypto market repercussions & the future:The TerraUSD crash dealt a blow to the cryptocurrency market's reputation and triggered increased regulatory scrutiny. While the market has somewhat recovered, the Terraform Labs bankruptcy serves as a stark reminder of the risks and volatility inherent in cryptocurrencies.Terraform Labs' Web3 ambitions, despite the bankruptcy, raise questions. Can they rebuild trust and attract users after the TerraUSD fiasco? Can Web3 be truly decentralised and transparent if its key players face bankruptcy and fraud allegations? Only time will tell if Terraform Labs' Web3 plans survive the shadow of their stablecoin nightmare.#Write2Earn #TrendingTopic #Web3支付 #Web3Pay

SQUARE CREATOR,"Top Voices" aims to spotlight and feature influential individuals who produce original, creative, and inspiring content spanning a broad spectrum of topics related to crypto and web3 on Binance Square. BENEFITS:Get access to all-kinds of creator and monetization tools.Honored with the "Top Voice" badge.Eligibility Requirements:Create at least four Articles in respective days in the past 30 days.Minimum of 50,000 accumulated views on content published over the past 30 days.Native creators on Binance Square sharing their insights, ideas, and expertise.REVIEW PROCESS:The application will be reviewed under the following criteria. Here are some of the factors that will be considered when selecting:Originality - Contribution of original content in the form of articles, or videosDiversity - Ability to share inspirational content across different categories (e.g. Technical analysis, market updates, education, layer 1/2)Influence, such as active followers and recent follower growth Credibility, no violations and compliance with community guidelines.Applications will be evaluated on a monthly basis (in the first week of the following month), the turnaround time might vary depending on the amount of applications. After the application is approved, eligible creators will be notified via a Square assistant push. Creators must have no violations and are required to create at least one article per week to maintain an active badge. The Binance Square team will review all badges based on the necessary factors on a monthly basis. Binance reserves the right to remove the badge if a creator fails to meet the requirements.#Write2Earn #BinanceSqaure #BinanceBurnBoost #BinanceUpdates

Pi Network KYCOur recent Open Network plan announcement on December 27, 2023, we shared our intention to enter the Open Network period of the Mainnet in the year 2024 and its important three conditions. Especially, the milestones in Condition 1 & 2 depend on the decentralized efforts of Pioneers, community developers, and the Core Team. Today, we want to provide an update on recent progress in one of the critical metrics: the KYC process. The KYC milestone is paramount to the success of the Open Network and ecosystem in line with Pi’s vision to build the world’s most inclusive peer-to-peer ecosystem and authentic online experience, fueled by Pi. As stated in the Open Network plan announcement, the KYC milestone will be primarily driven by the decentralized efforts of the community with the Core Team’s support. This KYC piece today specifically provides an update on the Core Team’s recent progress in unblocking Pioneers’ applications stuck in the KYC process and supporting the community to achieve its KYC goals to get prepared for the Open Network. Identifying and Addressing A Core ProblemOne major hurdle in our KYC process has been with applications that are missing or have incorrectly entered information. This issue, while sometimes appearing minor, significantly slows down the processing efficiency. The “missing” status might be caused by various reasons: the wide range and vast diversity of ID document layouts and designs, scattered data on the front and back sides of ID, unclear ID images, human errors in filling in the application form, etc. Small errors, such as omitted details or data mismatches, lead to verification delays and create system bottlenecks.To verify you quickly and securely, we need all your KYC documentation to be exact. Not getting KYC’d because of these tiny hiccups can be frustrating, and we’re doing everything we can to solve these problems, both individually and at scale.Ultimately, the most efficient way to improve our KYC system is to implement new changes that enhance the process. In the Pi KYC application, we’re asking you to help deliver accurate data entry––but we’re also stepping up to help, with manual fixes, a more intuitive system design, and better algorithms and designs to extract correct data as we work to streamline the KYC process and onboard new applicants.Solutions and Recent EffectivenessIn response to the specific challenge of missing and mismatching data in KYC applications, we’ve implemented and released a comprehensive set of measures, each designed to target specific issues and finally reduce the cases stuck by this cause in the KYC process significantly. These measures, along with specific metrics since a recent update in mid-December 2023, are as follows:Comprehensive Application Reprocessing: Before November 2023, there were about 1.5 million applications in total that were stuck in the KYC process due to missing data in their applications. We improved the code to extract the data from the ID documents, applied the new improvements to all 1.5 million cases in November, unblocked about 200,000 applications to move on in the KYC process and resulted in 1.3 million remaining cases having this issue by the end of November 2023. Improved algorithm to resolve sub-issues: With further analysis on the remaining applications, we identified sub-issues and implemented the second iteration of the code that extracts necessary data from the ID document. In mid-December, we undertook another comprehensive reprocessing effort, revisiting a total of 1.3 million applications. This second comprehensive reprocessing let about 532,000 applications get unstuck and move on in their KYC journey, and significantly reduced the number of applications blocked by missing data in the KYC process. Resubmission Opportunities for Pioneers: In the remaining cases stuck by the same issue, we identified that resubmission by Pioneers can help resolve it. For example, unclear images of the ID documents can’t be resolved purely by algorithmic improvements. Just uploading another clear image can do. Human errors in the application form were caused by the applicants themselves in the first submission, so they have to fix such errors themselves. Thus, we allowed about 768,000 remaining applicants blocked by this issue to have one more chance to resubmit their applications. This move deployed in late December was not only about giving a second chance but also about educating users on the importance of clear, accurate and complete information. The resubmission measure allowed another 123,000 applications to be successfully unblocked from the missing data issue in the KYC process, and this number has been continuing to increase as more applicants act on the resubmission opportunity.Validators Review as the Solution: The next strategy to tackle the missing data issue for the remaining affected cases will rely on KYC Validators. Currently, a new design and tutorials for this task for Validators have been developed and tested, and will be soon slowly rolled out to Validators based on their prior performance to help address this issue and unblock more applications affected by missing data that cannot be resolved algorithmically or via resubmissions. The above were updates on resolving one major blocker in the KYC process and will have ongoing effects on future applications as well (future applications will have a lower chance of being stuck or will be delayed for a shorter amount of time by similar issues due to such improvements). As they show, each measure or strategy involves a lot of data analysis, identification of specific causes, development of solution, testing, deployment and iterations. With such similar efforts in each step, sometimes a measure can lead to bigger results while at other times one measure unblocks fewer applicants. However, the challenge of the KYC process is that each corner case matters because each Pioneer going through KYC matters even if the measure to resolve that one corner case takes as much time and effort as others. The above list was only for one blocker—albeit a major one—and there are other KYC blockers the Core Team has been working on and providing solutions to unblock applications in similar manner. Some of the other KYC updates and progress include:Improved Liveness Video Processing: There were about 153,000 KYC applications before November 2023 that were stuck in the KYC process due to failures of processing their video in their initial submission. After examinations of the issue, a tailored measure was implemented to reprocess the video submissions of these applications and deployed in November 2023, effectively reducing the backlog to just 19,000 Pioneers needing further measures. Unblocking Applications with Watermark Issue: In December 2023, a specialized measure was implemented to rectify some failures in adding watermarks to images that prevented some applications from going through. This solution resulted in the successful unblocking of 1,367 Pioneers to continue their KYC process.Name Comparisons and Appeals: The complexity in verifying that all names (KYC ID name, Pi account name, appealed names) associated with an account refer to the same person in the KYC process also prevents many applications from moving forward. While most name comparisons were done by the machines, there are cases that ultimately cannot be resolved algorithmically. New tutorials and designs were implemented and are released to trusted Validators to resolve such name comparison difficulties and resolve many name appeal requests. This feature was released around the time of this blog release, so no metrics are available at the moment. Tips for Pioneers for a Smoother KYC processDrawing from what we learned when helping to resolve different stuck cases, we also want to share with Pioneers some tips to reduce your own chance of being stuck in the KYC process and help the network to make faster progress in the KYC goal. Complete Information: Ensure all data, especially crucial details like Date of Birth or ID document Expiration Date, are filled in accurately.High-Quality Document Images: Submit clear, well-lit images of your ID and a clear liveness video.Correct Country of ID Submission: The ID document’s country of issuance should match the country selected in the dropdown at the beginning of the KYC application.Consistent ID Document Submission: Ensure the type of ID you submit matches the one you’ve selected in your application form.Consistent Language in Data Entry: Enter your details in the application form in the exact language as they appear on your ID. If the names on your ID document are in your native language, please fill in the form with your native names. Moving ForwardAs stated, the network KYC progress depends on Pioneers to apply, fix their applications, resubmit, invite their teams to go through KYC, and KYC validators to help resolve difficult cases that machines cannot resolve. The Core Team is also committed to provide the necessary technology, designs and support for the community to make progress in this metric we all share towards the Open Network. We thank our community for their ongoing participation and feedback, which are invaluable in this journey towards a more efficient and user-friendly KYC process. Stay tuned for more updates and improvements.To learn more about Pi Network’s native KYC solution, read the full article and FAQs explaining what it is, why it’s important and how it works. KYC is an essential component of Pi’s preparedness for an Open Network launch. Help KYC move forward for more Pioneers by becoming a KYC Validator yourself and inviting your fellow Pioneer peers to complete KYC and migrate to Mainnet.Previous PostAnnouncing the September and October #PiHackathon WinnersPi NetworkStart mining. Easy as Pi!DownloadPi WhitepaperSupport & FAQCommunity Code of ConductTerms of ServicePrivacy PolicyDeveloper Terms of UseModerator Services AgreementPi Trademark© 2023 SocialChain Inc. | All rights reserved.#Write2Earn #TrendingTopic #NewsUpdated #newcryoto #CryptoGuidance

I have received a lot of questions from global pioneers about whether they can go to China or other countries to barter valuable products. So, today, I would like to analyze this situation.✅During the enclosed mainnet, both merchants and pioneers cannot exchange Pi to FIAT. This means that big commodities merchants (including but not limited to cars, houses, condos, etc.) cannot sell their collected Pi to get FIAT to restock during enclosed mainnet. However, merchants must pay for materials, labor costs, and significant amounts of rent, etc in FIAT. ✅Bartering big commodities during enclosed mainnet is possible, but it's not something that most merchants can afford. While there have been some cases where this has happened, it's not something that can be widely expected.✅Since these products are all pioneers' dreams, and many of them may want to buy multiple cars, houses, and condos, it may cause merchants to go bankrupt if there is no control or limit. Even if the merchants are wealthy and want to provide significant commodities, they still cannot afford max. 100-1000 pioneers to buy these products. Then, how about the majority of pioneers? They still cannot get these significant commodities using Pi as payment.✅Merchants who use a fixed price of $1, $10 or $100 for each Pi instead of the current GCV of $314,159 may still face cash flow issues despite collecting a large amount of Pi. This could lead to bankruptcy and potentially cause problems for the industry in their country, creating opportunities for malicious speculation. Ultimately, this could negatively impact the local economy and make it challenging to establish a unified price.✅To achieve our long-term goal of uniting the price of Pi to a safe level, we need to ensure the safety, financial stability, and sustainability of medium and big commodity merchants in our community. Therefore, I recommend that merchants to be careful when barter these big commodities or you can wait pioneers establish a united price.✅As for medium-value products, I suggest accepting partial payment in FIAT currency and partial payment in Pi cryptocurrency. It is a good option to pay the cost of the products with FIAT currency and the profit with Pi payment. However, before taking any action, please check your country's local laws to ensure that accepting partial FIAT currency payment is allowed.✅This will encourage more merchants to join our ecosystem and accept Pi payment, which is crucial for the success of our mission. It's important to note that our goal is not just about providing individuals with houses or cars, as most pioneers cannot get them. Our goal is to enable all pioneers to afford big commodities.✅When the price of GCV reaches $314,159 and stabilizes, only then can the OM condition be met. This will expedite the KYC and migration processes, allowing OM to launch successfully shortly.Once OM is launched, pioneers can enjoy more enormous commodities such as cars, houses, and condos. However, the uncertainty of chaotic prices is a barrier for big companies to join in. Low consensus prices of Pi discourage outside companies from investing in Pi Network long term unless they plan to hoard Pi.✅If companies are genuinely interested in investing in Pi Network, they must recognize the value of Pi. This recognition will lead them to accept Pi as a payment option. Companies will not want to hold an unstable and low-priced currency. Only those with a short-sighted business want a low price for hoarding purpose. Serious businesses want to invest in a long term successful project which can only be created by our community.✅Some pioneers have been asking about cross-border bartering. During the enclosed mainnet phase, high-value product merchants may not be able to afford it since they even cannot supply locally. And there is no need to engage in cross-border bartering for small items because of the high shipping costs. I encourage pioneers and merchants to focus on local bartering.✅Our goal in the enclosed mainnet is to create GCV data, not to profit by ourselves. We focus on a united price so that OM can happen sooner and when OM happens, you can buy anything either with Pi or with FIAT because you can exchange Pi to FIAT if needed.👉Some pioneers may not have a background in business or economics and might believe that merchants can accept 100% Pi payments without any limits, but this is not true. All businesses must pay for materials, labor, rent, and other expenses in fiat during the mainnet. When they receive Pi payments, they still don't have any FIAT currency to cover these costs.👉It's unfortunate to hear that some merchants are seeking a lower price of Pi in bartering to collect more Pi and sell it in the black market for FIAT to restock. This is not a sustainable or ethical way to conduct business and can ultimately harm the Pi ecosystem. It's important for us to unite and establish a fair price based on the GCV to push OM soon to resolve merchants' cash flow problems. It's crucial for merchants to understand that their behavior may have delayed OM, and that working together towards a common goal is the best way to ensure the success of Pi.👉I want to address the misconception many pioneers have that using a lower value for one Pi, such as $1 instead of $314,159 can prevent cash flow problems. This is totally wrong! As a lack of cash flow is not a matter of the price of Pi but a matter OM not happen. And OM need united safe price. Therefore we should unite to GCV ASAP to resolve all merchants cash flow issues.👉Pi is NOT a traditional cryptocurrency. The white paper explains that Pi is intended to be a currency, unlike traditional cryptocurrencies that are simply investment assets. Pi will serve a different purpose.👉It's important to note that you don't need to invest in a currency. Currency is meant to be circulated, not speculated. This is why the Pi price must be high enough to resist speculation when it reaches the OM stage. Also, it should not increase too much every year, otherwise, people might hoard it instead of using it, which would prevent it from circulating.Doris Yin 🪷🪷🪷#Write2Earn #TrendingTopic #PiOnBinance #pinetworkINDIA #PiChainMall

Indian Prime Minister Narendra Modi during his address to B20 Summit, said that there was a need for a global framework for cryptocurrency and Artificial Intelligence. The prime minister appealed business leaders to brainstorm on themes like artificial intelligence and cryptocurrency. He said there was a need to focus on "ethical" AI.Business 20 or B20 is one of the forums of G20 that represents the global business community. The summit was attended by over 1700 business leaders and experts from across the world. B20 was set up in 2010.The three-day B20 Summit started on Friday (August 25). Addressing the industry leaders, PM Modi said that business can "transform potential into prosperity, aspirations into achievements, whether they are small or big."PM Modi said that 'pro-poor policies' of his government would mean that India will have the biggest middle class in coming years. In his address, PM Modi asked business leaders to brainstorm on issues like cryptocurrency and Artificial Intelligence and stressed on the need for a global framework. He further said that technology disruption is happening at a rapid speed and there is a need to focus on 'ethical' AI.“India has launched a green credit system-- a pro-planet approach which every nation should adopt. We need to create an ecosystem that will make the planet healthy. Being conscious about one's health is important but one should also be concerned about the planet's health," he said while stressing on tackling climate change.The theme of the B20 Summit this time is R.A.I.S.E. which represents Responsible, Accelerated, Innovative, Sustainable and Equitable Businesses. B20 Summit has been organised by the Confederation of Indian Industry (CII).Those in attendance include India's Finance Minister Nirmala Sitharaman, Commerce Minister Piyush Goyal, External Affairs Minister S Jaishankar, and Education Minister Dharmendra Pradhan.In addition, global business leaders who were scheduled to participate in the summit were Brad Smith, President and Vice Chairman of Microsoft, IBM CEO Arvind Krishna and Michael Miebach, Chief Executive Officer among other prominent names.The big names in attendance also included Sultan Ahmed Bin Sulayem, Chairman and CEO of UAE-based DP World Group, Bernard Looney, CEO of BP, HSBC Holdings Group Chairman Mark E Tucker.Allen Blue, Co-founder of LinkedIn was also scheduled to be present in addition to Abdulrahman Al Fageeh-Al, CEO of Saudi Arabia's SABIC At the end of the summit on Sunday, the presidency of B20 will be handed over to Brazil.#Write2Earn #artificialintelligence #TrendingTopic #Cryptocurrrency

Sam Altman, the creator of the revolutionary AI-based chatbot ChatGPT, is reportedly close to initiating the full-throttle launch of another controversial application called Worldcoin.Worldcoin, co-founded by Altman and Alex Bania in 2019, is a unique cryptocurrency that involves scanning people’s irises.It was born with an ambitious vision to give a share of a new digital token to every human being. Altman recently revealed that he is close to obtaining $100 million for Worldcoin project, with which he aims to revolutionise the field of fintech. "With more than 1.6 million sign-ups in beta and 500,000+ monthly active World App users, the deployments on the Optimism main net will expand access and help Worldcoin reach a values-aligned ecosystem of developers and users," the Worldcoin Foundation said in an announcement.But what is Worldcoin, and how has it managed to raise such a whopping amount of money?WHAT IS WORLDCOIN?Worldcoin started with a question, “What if there were a way to freely distribute shares of a new digital token to every person on the planet?”From there on, Worldcoin became a mission and a crypto project that aims to create a global identity and financial network for everyone. It is an open-source protocol, or system that was created to help give everyone access to the global economy. It was designed to be decentralised, which will make the community of its users the stakeholders of its supervision and decision-making. It uses a device called an orb that scans people’s irises to prove they are unique and human and rewards them with Worldcoin tokens.WHAT OTHER TOOLS DOES WORLDCOIN COME WITH?Worldcoin is not a sole unit but a group of powerful tools that will together contribute to the digitisation of currency:World ID - a privacy-preserving digital identity designed to help solve many important, identity-based challenges including proving an individual’s unique personhood.Worldcoin Token - the first token to be globally and freely distributed to people, for both utility and future governance, just for being a unique individual.World App - a fully self-custodial app that enables payment, purchases and transfers globally using the Worldcoin token, digital assets, stablecoins and traditional currencies.HOW DOES WORLDCOIN WORK?It is a fully custodial app that enables payment, purchases and transfers globally using the Worldcoin token, digital assets, stablecoins and also traditional currencies. With the help of World ID’s unique digital identity, the human role can be demonstrated in an online world which can be populated with increasingly advanced artificial intelligence. Worldcoin developed a device called Orb, which scans the iris of individuals to prove their uniqueness and humanness and assigns them a World ID that can be used as a global digital passport. The scan is converted into a string of numbers known as a hash in such a way that it’s impossible to recreate the scanned image even if the hash is compromised. The Orb sends the iris hash and a hash of the user’s public key to Worldcoin servers. If the person hasn’t signed up before, the hashes are added to the database and the company’s blockchain.CRITICISM Of WORLDCOIN Before this can actually become a more common reality, Worldcoin also faces many challenges and criticisms. Some people are concerned about the privacy and security of their biometric data, and whether it will be used for other purposes. Others question the feasibility and scalability of the project. There is doubt whether it can reach the billions of people who are either unbanked or underbanked.

Ice: Decentralized Future@ice_blockchain📢 URGENT UPDATE: Regarding the recent listing of $ICE #coin on @okx exchange (January 19th, 10:00am UTC) 🧊#OKX IS A SCAM EXCHANGE!In December, we forged an agreement with #OKX, a reputable exchange, to list our ICE coin. We considered this partnership carefully due to OKX's stellar reputation. Part of the agreement was a 5-hour exclusivity period after the listing, during which we agreed not to list on other exchanges.We want to clarify that we did not provide any funds or Ice coins to OKX for this listing. OKX approached us due to their belief in the potential of our project and the strength of our community.Despite other prominent exchanges expressing interest in listing ICE concurrently, we upheld our trust-based commitment with OKX and declined those offers.In December, when #OKX listed another project, @Avive_World, we observed certain issues during its listing day:- Users couldn't find AVIVE through web or mobile app searches.- Users in some countries could not trade AVIVE, even though other coins were tradable.We promptly communicated these concerns to OKX, insisting that similar problems must not occur during our listing. OKX acknowledged these issues and assured us they were resolved, promising to have a team of engineers available at the time of our launch and that the mentioned issues would not occur at our listing.We recently officially promoted OKX to our large user base in our app and social media. We encouraged users to link their accounts with an OKX Exchange wallet address to receive their ICE coin distribution. We also prepared an extensive marketing campaign to promote the listing and OKX on all our channels.However, after the ICE coin listing on OKX, we started receiving an influx of complaints from our community:- Users who are not logged in couldn't find ICE while searching on the OKX web and mobile app.- Even logged-in users had difficulty locating ICE on the platform.- Many users received an error message stating that trading of ICE was restricted due to local compliance, even in countries where OKX had previously confirmed this should not be the case.Our Chinese community encountered additional issues, such as:- Inaccessibility of ICE for users who didn't receive it through distribution.- An inability to purchase ICE coins.- Confusing responses from OKX support, suggesting geographic restrictions put in place by the Ice team, which we never requested or approved.In one country, four users faced four different scenarios, further highlighting inconsistencies in the platform's performance. Of these four users, only one could purchase ICE, while the other three were unable due to three different errors. Again, all of them are from the same country and city.Moreover, it's important to note that we reported these issues to the OKX team immediately after they surfaced yesterday. Regrettably, despite our proactive communication, no concrete actions have been taken by OKX to address or rectify these concerns.To address these concerns and ensure transparency, we're requesting all users who encountered issues (including difficulty finding ICE, trading restrictions, or errors) to reply to this tweet with the following details:- OKX ID- Country- Screenshots/screen recordings displaying the issue or conversations with OKX support.🚨 Please note that OKX is restricted in certain countries (as listed), and users from these locations are not required to respond: Hong Kong, Belgium, Cuba, France and its overseas territories, Iran, Japan, North Korea, Crimea, Malaysia, Singapore, Syria, United States of America including all U.S.A. territories, the Bahamas, Canada, the Netherlands, the United Kingdom, Ireland, Bangladesh, Bolivia, Donetsk, Luhansk and Malta.We value our community's feedback and are fully committed to resolving these issues promptly to enhance your experience. Thank you for your continued support and patience as we resolve these challenges. 🙏#decentralized #feedbackupdate #coin #MANTA

Sure, I can give you a quick overview of Bitcoin halving. But before I start, do you already know what a blockchain is and how Bitcoin works? This is what to know first.A blockchain is a digital ledger that records transactions in a decentralized manner. Bitcoin is a cryptocurrency that runs on a blockchain. Every 10 minutes, a new block of transactions is added to the Bitcoin blockchain. Miners are rewarded with new Bitcoins for adding new blocks. Every four years, the amount of Bitcoins awarded to miners for adding new blocks is halved. This process is called halving. Halving helps to control the inflation of Bitcoin and ensures that the total supply of Bitcoins remains fixed.ABOUT THE BITCOIN HALVINGThe Bitcoin Halving is a built-in mechanism of the Bitcoin protocol that occurs approximately every four years. It halves the block reward (the amount of bitcoin given to miners for verifying transactions and adding new blocks to the blockchain) and occurs after every 210,000 blocks have been mined. The purpose of the halving is to control the rate at which new bitcoins are created and to reduce the overall supply of bitcoin in the long term. It's a key feature of Bitcoin that helps to maintain its scarcity and value.IT'S BITCOIN HALVING AWAY OF FINANCIAL BREAKTHROUGH?The Bitcoin Halving is not necessarily a way to make money, but it does have an impact on the price of Bitcoin. As the supply of Bitcoin decreases, the price is expected to increase due to the law of supply and demand. However, it's important to remember that Bitcoin is a highly volatile asset and its price can fluctuate significantly. So while the halving may have an impact on the price of Bitcoin, it's not a guarantee of financial success.SO HOW DOES BITCOIN WORK?The basic idea behind Bitcoin is pretty simple. It's a digital currency that is not controlled by any central authority. Anyone can send and receive Bitcoins by using a Bitcoin address, which is a string of numbers and letters. A Bitcoin transaction is verified by miners, who use powerful computers to solve complex mathematical problems. Once a transaction is verified, it is added to the blockchain. The blockchain is publicly available, so anyone can see the transaction history of a Bitcoin address. The main advantages of Bitcoin are its decentralization, security, and transparency. However, there are also some drawbacks, such as volatility and the possibility of fraud.THE CAUSES OF THE DRAWBACKS, SUCH AS VOLATILITY AND THE POSSIBILITY FRAUD.One of the main causes of volatility in Bitcoin is the fact that it is still a relatively new and emerging technology. As a result, the price of Bitcoin can be highly volatile, as it is subject to speculation and manipulation. In terms of fraud, there have been a number of high-profile cases of fraud involving Bitcoin, such as the Mt. Gox exchange hack in 2014. These cases have led to increased scrutiny of Bitcoin, and have made some people skeptical about its long-term viability. However, it is worth noting that these issues are not inherent to Bitcoin itself, but rather to the way it is used and regulated.SO WHAT IS THE PROPER WAY TO USE BITCOIN?Well, there is no one "right" way to use Bitcoin. However, it is generally recommended that users take certain precautions to protect themselves from fraud and other risks. For example, users should always keep their private keys safe and secure, and should only use reputable exchanges and wallets. They should also be aware of the potential risks of volatility, and should not invest more than they can afford to lose. In addition, users should be aware of the legal and regulatory environment in their country, as this can vary widely from one jurisdiction to another.WHAT REPUTABLE EXCHANGES AND WALLETS SHOULD YOU USE?There are a number of reputable exchanges and wallets that have been operating for many years and have a good reputation in the Bitcoin community. Some examples include Coinbase, Gemini, and Kraken (for exchanges) and Trezor, Ledger, and KeepKey (for wallets). It's important to do your own research before choosing an exchange or wallet, and to make sure that you understand the fees, security features, and customer support offered by each one. It's also a good idea to read reviews from other users before making a decision.You might be wondering why Binance Exchange is not included, So it's Binance Exchange not one of the number of reputable exchange and wallet? Good question.Binance is a popular cryptocurrency exchange, but it has had some controversies in the past. In 2021, the exchange was fined by regulators in various countries for failing to comply with anti-money laundering and know-your-customer (KYC) rules. In addition, there have been reports of users having difficulty withdrawing their funds from Binance, and the exchange has been accused of manipulating the market. For these reasons, it's important to exercise caution when using Binance, and to be aware of the risks involved.However, Is this a reliable reason for Binance Exchange not to be a secure and reputable exchange and wallet?While Binance's history of regulatory issues and user complaints is a cause for concern, it's not necessarily a reason to avoid using the exchange entirely. Binance has made efforts to improve its security and compliance procedures, and it remains one of the largest and most popular exchanges in the world. Ultimately, the decision of whether to use Binance or not is up to the individual user, and should be based on their own research and comfort level. But Binance Exchange remains one of the best Exchange in the world. 🌎WHAT THE BULL RUN STANDS FOR.A "bull run" in the context of cryptocurrency refers to a period of time when the price of a cryptocurrency, such as Bitcoin, increases significantly. It's often accompanied by increased investor interest and optimism about the future of the cryptocurrency. The opposite of a bull run is a "bear market," which is when prices fall. So, the term "bull run" is often used to describe a period of positive momentum and growth in the cryptocurrency market. It's important to remember that bull runs and bear markets are cyclical, and the price of Bitcoin and other cryptocurrencies can fluctuate rapidly.In the world of cryptocurrency, a "bull run" refers to a sustained period of rising prices. This term is derived from the financial markets, where it refers to a period of positive market sentiment. In the case of Bitcoin, a bull run usually occurs in the months leading up to and after the halving. This is because the halving reduces the supply of new Bitcoin, which can lead to increased demand and higher prices. Many investors believe that bull runs are a good time to buy Bitcoin, as they may be followed by significant price increases. However, it's important to note that bull runs are unpredictable and can end just as quicklyUNDERSTANDING, SUMMARY AND CONCLUSION.Firstly, it's important to understand the Bitcoin block reward. Every time a miner solves a block, they are rewarded with newly created Bitcoin. This reward is cut in half every four years, which is known as the halving. The first halving occurred in 2012, and the most recent halving occurred in 2020. The next halving is expected to occur in 2024. This process is designed to control the supply of Bitcoin and keep it limited. It's worth noting that the halving has historically been followed by significant price movements, both up and down.SO WHICH MONTH WILL THE BITCOIN HALVING START IN 2024?While the exact date of the 2024 Bitcoin halving is still unknown, it is widely expected to occur in May of that year. This is based on the average time between blocks, which is 10 minutes. Each halving occurs after the creation of 210,000 blocks, which occurs approximately every four years. However, it's important to note that the date could change if the average time between blocks changes. Therefore, the actual date of the halving may not be known until closer to the event.I believe this article is helpful, like, share to friends and follow me for more like this.