Exchange Address is Live for #Firo on #Binance 🎉 Binance has confirmed that Exchange Addresses are now fully implemented and live. Additionally, $FIRO has been reopened for trading in Europe. 📰 Read more about it here
Binance has confirmed with us that Exchange Addresses are now fully implemented and live on their exchange. EX addresses are not meant for regular users to create but for exchanges that require them for regulatory or transparency reasons. However, users will need to interact with EX addresses if they are depositing into Binance or another exchange that deploys them. You can identify an EX-address easily as the address begins with EXX.
Transition Notes Binance has confirmed the roll out of EX-addresses for its users, though if for some reason you do not have an EX-address yet, do not send funds from Spark directly to Binance’s deposit address. Otherwise, they will be frozen until you open a support ticket with Binance to return the funds to you. This process can take up to 30 working days. EX-addresses only accept FIRO from transparent addresses. If you have funds held in Spark, you would first need to send them to a transparent address (that begins with a or Z) before sending them to the EX address. At the time of writing, the only exchange that uses EX addresses is Binance. Most exchanges do not yet support withdrawals to an EX-address, so you would need to withdraw from your own wallet first with a transparent address before sending the money to Binance. We are in communication with other centralised exchanges to facilitate easy exchange-to-exchange transfers. At the time of writing, only NonKYC.io supports direct withdrawals to an EX address. You can also do your part by opening a ticket with your favourite exchange or wallet to encourage them to support sending to EX-addresses. Most major exchanges such as MEXC, HTX and Gate support FIRO deposits from EX-addresses so you can send from Binance to these exchanges directly. Always test with a small amount first if unsure! Reopening of Firo trading in Europe Last year, in May 2023, Binance made Firo and several other privacy coins unavailable in several European countries namely Poland, France, Spain, Italy, Belgium and Sweden, due to new EU regulations restricting the trading of privacy coins. Firo has been reopened for trading in these countries with immediate effect. If you are in an affected country, you might receive an email notification from Binance informing you of this. Do ensure you take note of your new deposit addresses which would have been updated to an EX-address.
🤫Protecting your privacy is crucial. Keep your information to yourself because your money is your business.💼🔒 #PrivacyMatters #YourMoneyYourBusiness #Firo
🙌 Hey #Firofam! Join us on June 7th at 1400 UTC on Firo's Discord for the Firofam Fest! 🎉It's a #community meetup to update you on all things #Firo. Plus, there will be quizzes and a Firo Runner contest with a $150 prize pool! Don’t miss out! https://discord.gg/TGZPRbRT3Y
#Binance has reopened #Firo for trading in Europe, the 3rd term of the CFC committee has been formed, we have a new Firo show and more! Catch up on all things $FIRO !
Watch it here: https://www.youtube.com/watch?v=dY1ALybv1rg
Binance has begun rolling out $FIRO 's Exchange Addresses to users in stages and you may receive a notification of the change in Deposit Address. Firo is the first privacy coin to be compliant with the new requirements and a variant of its solution has been adopted by our friends at $ZEC and $PIVX.
The previous restrictions of trading of $FIRO in France and Poland have been lifted and we expect trading to resume normally throughout Europe.
Further reading: https://firo.org/2024/03/22/firo-binance-monitoring-tag-update.html https://firo.org/2023/11/06/exchange-addresses.html
The 7 member Community Fund Committee (“CFC”) is formed to oversee the newly formed Firo Community Fund (“FCF”) has been completed! The following community members will serve as CFC members for a period of 1 year: FiroFanFiendishDevwarriorRehrarNrsimhaRasikhmoranisproxet The elected committee comprises a well-rounded mix of established community members, subject matter experts, and developers, who have been actively involved in voting on proposals and steering Firo community fund to help with the project. Since there were no additional nominations, these seven members were automatically elected. We would like to thank them for agreeing to serve on the Firo Community Fund (FCF) and helping to decentralize funding decisions. We would also like to thank the outgoing committee members who have served. How to get funded from the Firo Community Fund Anyone can apply to be funded from the FCF by opening up a proposal in the Firo Crowdfunding System and also opening a thread on the forums to open discussion about it. The Community Fund Committee can also independently initiate proposals to be funded from the Firo Community Fund. What are the responsibilities of the Community Fund Committee? To decide along with taking into account community feedback on how the Firo Community Fund should be utilised.To help evaluate community requests for funding, do due diligence of applicants applying for funding and obtain all necessary information to ensure sufficient detail for scope of work.To evaluate and approve payment of milestone requests.To make all reasonings of the CFC for approval/rejection public.CFC can request for the core team’s feedback and opinion on proposals.To always conduct themselves with professionalism without resorting to personal attacks or insults. How will the Firo Community Fund (FCF) be utilised? FCF funds must always be utilised for the benefit of Firo. Research, development or promotional activities that do not directly benefit Firo should not be undertaken.All FCF expenditure has to be disclosed. Any proposal that does not allow this will not be able to be funded from the FCF.FCF funds should not be used for giveaways even for the purpose of promoting adoption or participation.FCF funds should not be used to host purely social events. Educational or awareness events are acceptable but must be the primary component of the event.FCF funds should be used and while there shouldn’t be a pressure to spend funds, the FCF should not be hoarded.CFC can choose to use the FCF to employ contractors to embark on specific tasks or roles that will report directly to the CFC.Should the CFC deem fit, FCF funds can be burnt by sending it to this burn address.FCF funds address can be viewed here Where can I see the deliberations of the Community Fund Committee? All discussions of the CFC can be seen in our Discord in the channel #communityfund and is read-only. You will need to have verified status by passing the captcha to view the channel.
🔥 Burn. Redeem. Repeat. Discover the endless cycle of privacy with $Firo. Your transactions, your control, your #privacy. Step into the future of financial autonomy today! 🔒#CryptoPrivacy
Lelantus Spark our next gen privacy protocol is now LIVE on #FIRO mainnet! 🚀 A Big shoutout to our incredible Firo fam, contributors, and partners for their support and efforts on this significant milestone.🙌 Check out the details in our latest blog post:
💡🔐 Update on Firo’s $FIRO Security Retainer with HashCloak. Fuzzing code coverage, a vital testing technique, is enhancing the security and reliability of Firo's Lelantus Spark codebase. 💪 📰 Learn more 👉 https://firo.org/2023/10/11/hashcloak-security-retainer-update.html