$SUI

Can I trust $SUI ?

Should I hold? or close?

I believe, $SUI will pump soon. Isn't it ?

$SUI
Hello experts !

Hold or close ?

please suggest . .. .. .

$SUI will dump soon, very badly.

#Crypto

Binance accused of acting as ‘get-away driver’ in new crypto laundering lawsuit
binance-accused-of-acting-as-get-away-driver-in-new-crypto-laundering-lawsuit- 😳

Binance and its founder, Changpeng Zhao, face a class-action lawsuit in the United States and are accused of enabling money laundering activities via crypto.

The lawsuit, filed on Aug. 16 in the U.S. District Court for the Western District of Washington, accuses Binance of enabling money laundering activities using cryptocurrency as a delivery system.

“Binance.com became a preferred-choice as the “get-away driver” for a large number of bad actors,” the lawsuit read.

Lawsuit details:
The lawsuit alleges that all crypto transactions should be permanently recorded on the public blockchain, making them traceable. In this case, Binance allegedly allowed bad actors to disconnect digital assets from the ledger, making tracking impossible.

Under Zhao’s leadership, the lawsuit also accuses Binance of operating as an unlicensed money-transmitting business in the U.S., deliberately bypassing anti-money laundering requirements to boost its growth in America.

According to the lawsuit, stolen crypto was funneled through Binance, making them difficult to trace due to the platform’s inadequate Know Your Customer protocols. The plaintiffs argue that this violated the Racketeer Influenced and Corrupt Organizations Act, which targets illegal activities as part of an ongoing criminal enterprise.

Bill Hughes, a lawyer at Consensys, posted to X that the plaintiffs are represented by former lawyers with “deep pockets” who are well credentialed and have a history of representing classes in various high-profile cases.

The outcome of this lawsuit could have far-reaching implications for Binance and the broader cryptocurrency industry. If the case proceeds, it may test the efficacy of blockchain analytics and the challenges of recovering stolen digital assets, potentially setting new legal precedents in regulating crypto exchanges.

Source: Crypto News.

#Write2Earn

$BTC

what about $XAI ?
It's sleeping and sleeping. When it will rise?

It's not even go up 0.01! Everyone saying pump is coming, but when? if we all get liquidated, then pumping is not profitable for us .

Any expert here?

$XAI

$XAI

This is my current position. What should I do now to close this position without loss?

$BTC

Is bullish ?

#TURBO

Fellow Binancians,

Binance Futures Launched USDT-Margined TURBO Perpetual Contract With Up to 50x Leverage.

To expand the list of trading choices offered on Binance Futures and enhance users’ trading experience, Binance Futures launched the USDT-margined TURBO Perpetual Contract at 2024-05-30 15:30 (UTC), with up to 50x leverage.

$ETH
$BTC
$SOL

🚀Introducing Lista (LISTA) on Binance Megadrop🚀
Are you ready for the next big thing? Say hello to Lista (LISTA), the latest project launching on Binance Megadrop! This new token launch platform brings you exciting airdrops and Web3 quests, offering early access to some of the hottest Web3 projects before they hit the Binance Exchange. Lock in your BNB and dive into Web3 quests for your share of the airdrop!
Lista (LISTA) Megadrop Details:
- Token Name: Lista (LISTA)
- Max Token Supply: 1,000,000,000 LISTA
- Megadrop Token Rewards: 100,000,000 LISTA (10% of max token supply)
- Initial Circulating Supply: 230,000,000 LISTA (23% of max token supply)
Stay tuned for the detailed listing plan and more information on the Web3 Quests, coming soon!
What is Binance Megadrop?
Binance Megadrop revolutionizes the token launch experience by integrating Binance Simple Earn and the Binance Web3 Wallet. This platform offers a unique combination of engagement, education, and rewards, positioning Megadrop as an unparalleled interactive experience within Binance and the broader crypto ecosystem.
How to Get Started with Binance Megadrop:
1. Log into your Binance account.
2. Subscribe to BNB Locked Products and/or complete Web3 Quests to accrue scores.
3. Complete Web3 Quests with an active Binance Web3 Wallet to gain a score multiplier.
4. Receive Megadrop rewards based on your Total Score.
Scoring System:
- Locked BNB Score: Earn points based on the quantity and duration of your BNB subscriptions. Longer subscriptions yield higher scores.
- Web3 Quest Bonus & Multiplier: Complete all designated Web3 Quests to receive bonuses and multipliers. Your Total Score = (Locked BNB Score * Web3 Quest Multiplier) + Web3 Quest Bonus.

#Write2Earn
$BTC

#Learn and Earn with Binance 😍
Friends, you know binance will give you free crypto by completing easy quiz called "Learn and Earn".
Right now, the ongoing quiz topic is "What Is PORTAL?" and reward is around 0.5 PORTAL.
Okay friends, I'll give you answers for this quiz.
So, here it is:
Q: Which of the following is NOT a benefit of staking PORTAL?
A: Earning a fixed 20% APY on staking tokens.
Q: How many games are integrated into the Portal Ecosystem at launch?
A: 200+.
Q: What is Portal's mission?
A: To onboard the first billion gamers into Web3.
Q: What is the primary function of the PORTAL token?
A: To power Web3 gaming transactions and access.
Q: How many gamers is Portal aiming to onboard into Web3?
A: 1 billion.
Q: Which of the following is NOT a part of the Portal Ecosystem?
A: Portal Exchange.
Q: Which technology enables frictionless transactions between games and chains in the Portal Ecosystem?
A: Cross-chain PORTAL token.
Q: Which major talent agency represents Portal?
A: WME Endeavor.
Q: How much was staked by Binance users in the PORTAL Launchpool?
A: $9.2 billion.
Remember, questions may appear as random serial.
That's for today, stay connected.
#Write2Earn
#PORTAL
$PORTAL

#Learn and Earn with Binance 😍
Friends, you know binance will give you free crypto by completing easy quiz called "Learn and Earn".
Right now, the ongoing quiz topic is "What Is Nervos (CKB)?" and reward is around 36.43 Nervos (CKB).
Okay friends, I'll give you answers for this quiz.
So, here it is:
Q1: CKB leverages a novel generalized UTXO model for accounting. What's the name of this model?
A: Cell Model.
Q2: What's the full name of CKB Blockchain?
A: Common Knowledge Base.
Q3: CKB's virtual machine supports all current and future cryptographic primitives. True or false?
A: True.
Q4: The CKB Blockchain is Turning-complete. True or false?
A: True.
Q5: What similarities between Bitcoin and CKB are being utilized in the "BTCKB" initiative?
A: Both.
Q6: CKB is developing a payment channel network to connect to the Bitcoin Lighting Network. True or false?
A: True.
Q7: Which of the following instructions sets is CKB's virtual machine based on?
A: RISC-V.
Q8: What consensus mechanism does CKB use?
A: PoW.
Q9: When was CKB's mainnet launched?
A: 2019.
Remember, questions may appear as random serial.
That's for today, stay connected.
#Write2Earn
#CKBUSDT
$CKB

What are the Main Types of Cryptocurrencies?

Presently, there are thousands of cryptocurrencies out there, with many more being started daily. While they all rely on the same premise of a consensus-based, decentralized, and immutable ledger in order to transfer value digitally between trustless parties, there are subtle and not-so-subtle differences between them.

This article will make sense of the landscape and look to help categorize cryptocurrencies into four broad types:

∆Payment cryptocurrency
∆Utility Tokens
∆Stablecoins
∆Central Bank Digital Currencies (CBDC)

$BTC

Advantages and Disadvantages of Cryptocurrency:

Cryptocurrencies were introduced with the intent to revolutionize financial infrastructure. As with every revolution, however, there are tradeoffs involved. At the current stage of development for cryptocurrencies, there are many differences between the theoretical ideal of a decentralized system with cryptocurrencies and its practical implementation.

Advantages
Removes single points of failure

Easier to transfer funds between parties

Removes third parties

Can be used to generate returns

Remittances are streamlined

Disadvantages
Transactions are pseudonymous

Pseudonymity allows for criminal uses

Have become highly centralized

Expensive to participate in a network and earn

Off-chain security issues

Prices are very volatile.

#Write2Earn
$BTC

Is Cryptocurrency Legal? (Part-3)
Fiat currencies derive their authority from the government or monetary authorities. For example, each dollar bill is backstopped by the U. S. government.

But cryptocurrencies are not backed by any public or private entities. Therefore, it has been difficult to make a case for their legal status in different financial jurisdictions throughout the world. It doesn't help matters that cryptocurrencies have primarily functioned outside most existing financial infrastructure.

In Europe
Cryptocurrencies are legal in the European Union. Derivatives and other products that use cryptocurrencies must qualify as "financial instruments." In June 2023, the European Commission's Markets in Crypto-Assets (MiCA) regulation went into effect. This law sets safeguards and establishes rules for companies or vendors providing financial services using cryptocurrencies.

#Write2Earn

$BTC

Is Cryptocurrency Legal? (Part-2)
Fiat currencies derive their authority from the government or monetary authorities. For example, each dollar bill is backstopped by the U. S. government.

But cryptocurrencies are not backed by any public or private entities. Therefore, it has been difficult to make a case for their legal status in different financial jurisdictions throughout the world. It doesn't help matters that cryptocurrencies have primarily functioned outside most existing financial infrastructure.

In Asia
Japan's Payment Services Act defines Bitcoin as legal property. Cryptocurrency exchanges operating in the country are required to collect information about the customer and details relating to the wire transfer.

China has banned cryptocurrency exchanges, transactions, and mining within its borders, but has a Central Bank Digital Currency (CBDC).

India was reported to be formulating a framework for cryptocurrencies, but until it is enacted, crypto is not yet illegal. Exchanges are free to offer cryptocurrencies.

#Write2Earn
$BTC

Is Cryptocurrency Legal? (Part-1)
Fiat currencies derive their authority from the government or monetary authorities. For example, each dollar bill is backstopped by the U. S. government.

But cryptocurrencies are not backed by any public or private entities. Therefore, it has been difficult to make a case for their legal status in different financial jurisdictions throughout the world. It doesn't help matters that cryptocurrencies have primarily functioned outside most existing financial infrastructure.

In the U.S.
The legal status of cryptocurrencies creates implications for their use in daily transactions and trading. In June 2019, the Financial Action Task Force (FATF) recommended that wire transfers of cryptocurrencies should be subject to the requirements of its Travel Rule, which requires AML compliance.

In the United States in July 2023, courts ruled that cryptocurrencies are considered securities when purchased by institutional buyers but not by retail investors purchased on exchanges.

Enthusiasts called it a victory for crypto; however, crypto exchanges are regulated by the SEC, as are coin offerings or sales to institutional investors. So, crypto is legal in the U.S., but regulatory agencies are slowly gaining ground in the industry.

#Write2Earn

$BTC

Hello everyone!
Good day.

Today we will says about Binance CRYPTO Wotd Puzzles Quiz. Read Binance News and Play Word to Share 5,00,000 in Point Token Vouchers, The theme of this week is Blockchain Governance. which quiz is also known as binance crypto Word , This quiz contests conducting by binance.

Do you participate Binance Word of the day?

It's quite simple. Just guess 2 right words per day. And after completing 5 right words within 7 days, you'll get 8-15 binance reward points.

Let's try 😍😍😍

#WOTDL
#Write2Earn

$BTC

#Learn and Earn with Binance 😍

Friends, you know binance will give you free crypto by completing easy quiz called "Learn and Earn".
Right now, the ongoing quiz topic is "What Is Nervos (CKB)?" and reward is around 36.43 Nervos (CKB).
Okay friends, I'll give you answers for this quiz.
So, here it is:
Q1: CKB leverages a novel generalized UTXO model for accounting. What's the name of this model?
A: Cell Model.
Q2: What's the full name of CKB Blockchain?
A: Common Knowledge Base.
Q3: CKB's virtual machine supports all current and future cryptographic primitives. True or false?
A: True.
Q4: The CKB Blockchain is Turning-complete. True or false?
A: True.
Q5: What similarities between Bitcoin and CKB are being utilized in the "BTCKB" initiative?
A: Both.
Q6: CKB is developing a payment channel network to connect to the Bitcoin Lighting Network. True or false?
A: True.
Q7: Which of the following instructions sets is CKB's virtual machine based on?
A: RISC-V.
Q8: What consensus mechanism does CKB use?
A: PoW.
Q9: When was CKB's mainnet launched?
A: 2019.

Remember, questions may appear as random serial.
That's for today, stay connected.

#Write2Earn

#CKBUSDT
$CKB

#Learn and Earn with Binance 😍
Friends, you know binance will give you free crypto by completing easy quiz called "Learn and Earn".
Right now, the ongoing quiz topic is "What Is PORTAL?" and reward is around 0.5 PORTAL.
Okay friends, I'll give you answers for this quiz.
So, here it is:
Q: Which of the following is NOT a benefit of staking PORTAL?
A: Earning a fixed 20% APY on staking tokens.
Q: How many games are integrated into the Portal Ecosystem at launch?
A: 200+.
Q: What is Portal's mission?
A: To onboard the first billion gamers into Web3.
Q: What is the primary function of the PORTAL token?
A: To power Web3 gaming transactions and access.
Q: How many gamers is Portal aiming to onboard into Web3?
A: 1 billion.
Q: Which of the following is NOT a part of the Portal Ecosystem?
A: Portal Exchange.
Q: Which technology enables frictionless transactions between games and chains in the Portal Ecosystem?
A: Cross-chain PORTAL token.
Q: Which major talent agency represents Portal?
A: WME Endeavor.
Q: How much was staked by Binance users in the PORTAL Launchpool?
A: $9.2 billion.

Remember, questions may appear as random serial.
That's for today, stay connected.

#Write2Earn

#PORTAL

$PORTAL

#Learn and Earn with Binance 😍

Friends, you know binance will give you free crypto by completing easy quiz called "Learn and Earn".

Right now, the ongoing quiz topic is "What Is CyberConnect?" and reward is around 0.1041085 Cyber token.

Okay friends, I'll give you answers for this quiz.

So, here it is:
Q: What is CyberConnet?
A: Web3 social network protocol.

Q: What Blockchains does CyberConnet support?
A: Ethereum (EVM).

Q: Which one of the following is a core component of CyberConnet V3?
A: All of the options.

Q: Which one of the following is a key component of CyberAccount?
A: All of the options.

Q: CyberConnet aims to solve which one of the following problems?
A: All of the options.

Q: Which of the following dApps are in CyberConnet's ecosystem?
A: All of the options.

Q: What is Cyber L2?
A: OP stack L2 blockchain.

Q: What is CyberAccount?
A: Smart Contract Wallet.

Q: What problem does CyberConnet aim to solve?
A: Return data ownership back to users.

Remember, questions may appear as random serial.

That's for today, stay connected.

#Write2Earn

#CYBERUSD