😀Binance launched a new token issuance platform Megadrop, the first project is BounceBit (BB).

✔️ Trading pairs: BB/BTC, BB/USDT, BB/BNB, BB/FDUSD & BB/TRY
Project name: BounceBit (BB)
Maximum token supply: 2,100,000,000 BB
Megadrop Reward: 168,000,000 BB (8% of supply)
Initial circulating supply: 409,500,000 BB (19.5% of supply)
BounceBit is the first project to launch Binance's Megadrop platform. This is where users can lock BNB and complete tasks in the Web3 Wallet to receive early rewards from projects.

Binance Assists Indian Police in Recovering 100,000 USDT from Crypto Scam
In a successful joint operation, the Delhi Police and Binance seized over 100,000 USDT connected to a complex fraud scheme in India. As reported by The Hindu, the operation took place on October 15, 2024, leading to multiple arrests and the exposure of a fraudulent company operating under the name "M/s Goldcoat Solar."
A Solar Power Scheme That Tricked Investors
The scam revolved around a fake renewable energy project, where fraudsters falsely claimed they had exclusive rights from India’s Ministry of Power to participate in the nation’s ambitious goal of expanding solar power capacity to 450 GW by 2030.
By promoting their fraudulent scheme as a national initiative, the scammers lured investors with promises of high returns. Using social media platforms, they pretended to be high-ranking officials and even misused the names of government dignitaries to endorse the investment opportunity.
To make their scam more convincing, they shared fabricated evidence of earnings from supposed previous investors, gaining the trust of new victims and increasing participation in the scheme.
Binance Steps In to Help Recover Crypto Funds
As part of their operation, the fraudsters channeled the stolen money through bank accounts and converted a portion of the funds into cryptocurrency to obfuscate the trail. This effort to launder the money triggered Binance’s involvement.
Jarek Jakubcek, Binance’s Head of Law Enforcement Training, emphasized the significance of partnerships between crypto platforms and law enforcement agencies, stating:
"This case demonstrates the positive impact of ongoing collaboration between crypto exchanges and global law enforcement."
A Broader Trend of Crypto-Related Scams
This case is part of a growing series of cryptocurrency frauds in India. Earlier in 2024, the Central Bureau of Investigation (CBI), with assistance from the FBI, dismantled a transnational cyber fraud network. This operation resulted in the arrest of Vishnu Rathi in Mumbai, who had defrauded a U.S. citizen of ₹3.8 crore (~USD 453,953) by posing as a tech support agent.
Fraudsters often manipulate victims into transferring money into crypto wallets under their control, making it difficult for victims to recover their funds.
Global Cases: Crypto Fraud Expands to New Frontiers
In a separate but equally alarming case, Hong Kong authorities uncovered a syndicate using deepfake technology to orchestrate a $43 million romance scam. Operating from a 4,000-square-foot industrial facility in Hung Hom, the scammers had been active since late 2023.
The group used AI-driven face-swapping technology, allowing male scammers to impersonate attractive women during video calls. They initiated contact with victims through social media, posing as desirable partners with impressive careers and educational backgrounds. Once trust was established, they introduced fake cryptocurrency investment opportunities and displayed forged trading records to convince victims to transfer funds.
A Cautionary Tale for Investors Worldwide
The collaboration between Binance and Indian authorities reflects the importance of international partnerships in combating crypto fraud. While the operation led to the recovery of 100,000 USDT, it serves as a stark reminder of the increasing sophistication of crypto scams. Investors must stay vigilant, as fraudsters continue to evolve their tactics, exploiting new technologies and social platforms to deceive their victims.

5 Innovative Ways to Earn on Binance Without Trading 💰
Looking for ways to grow your crypto portfolio without the need to trade actively? Binance offers multiple options for passive income that allow your assets to work for you! Whether you’re a beginner or a crypto pro, these creative strategies can help you earn while you focus on other things.
1. Leverage Binance Earn for Savings & Staking
With Binance Earn, you can make money by simply holding your crypto assets. Through savings or staking, you can lock in your funds and earn attractive interest rates or staking rewards over time. This low-risk, passive income stream allows you to contribute to network operations while watching your crypto grow without constant oversight.
2. Earn from Referrals with Binance’s Referral Program
Introduce your friends to Binance and profit from it! The Binance Referral Program allows you to share Binance with others, and in return, you earn a percentage of their trading fees. This is an easy, hands-off way to establish a consistent income while helping others explore the world of crypto.
3. Discover New Projects Through Binance Launchpool
Get in early on exciting new crypto projects via Binance Launchpool. By staking your tokens, you can farm new tokens from up-and-coming projects before they’re listed. It’s a win-win scenario—gain early exposure to new opportunities and earn extra rewards at the same time.
4. Learn & Earn: Expand Your Knowledge and Crypto Portfolio
Make learning profitable with Binance’s Learn & Earn program! By completing educational modules about cryptocurrency and blockchain technology, you can receive crypto rewards. This allows you to grow your knowledge while increasing your holdings simultaneously.
5. Boost Your Income with the Binance Affiliate Program
If you’re a content creator, the Binance Affiliate Program is a fantastic opportunity. Share affiliate links via your blog, social media, or videos, and earn commissions for each person who signs up using your referral link. Turn your passion for crypto into a rewarding income stream by leveraging your online influence.
Conclusion:
Binance offers a wide range of ways to earn passive income without having to engage in trading. From staking and referrals to learning and affiliate programs, these strategies can help you grow your crypto assets effortlessly. Start exploring these methods today, and watch your portfolio expand!
Price: $606.46
$SOL
$ETH
#BinanceLabsInvestsLombard #binaceVietnamSquare #BinanceLabsInvestsLombard #SCRSpotTradingOnBinance #CanaryLitecoinETF

How to Withdraw Millions from Crypto on Binance: The Ultimate Step-by-Step Guide! 💰🚀
Withdrawing significant sums from Binance can be both exhilarating and nerve-racking. Whether you're cashing out impressive profits or reallocating your investments, following the right steps is essential to ensure a smooth and secure process. Here's a comprehensive, expert guide to help you withdraw your crypto wealth with ease!
1. Complete Your Account Verification 🛡️
Before making large withdrawals, it’s crucial to ensure your Binance account is fully verified. Binance mandates KYC (Know Your Customer) verification for substantial transactions, requiring valid identification and proof of residence. Completing this step is essential for security and to comply with regulations.
2. Strengthen Your Account Security 🔐
When dealing with substantial assets, account security is non-negotiable. Activate two-factor authentication (2FA) to add a robust layer of protection to your account. This prevents unauthorized access and keeps your funds safe from potential security breaches.
3. Select Your Withdrawal Method 💸
Binance provides several options for withdrawing funds, depending on whether you want to transfer crypto or convert it to fiat:
Cryptocurrency Withdrawals: Transfer your funds directly to an external wallet. Ensure that the wallet supports the cryptocurrency you're withdrawing.
Fiat Withdrawals: If you're cashing out, Binance supports bank transfers and debit card withdrawals. Be mindful of the supported currencies and any withdrawal limits in place.
4. Initiate the Withdrawal 🚀
Once you’re ready, follow these simple steps to start your withdrawal:
1. Access Your Wallet: Go to the "Wallet" section, select "Fiat and Spot," and locate the cryptocurrency or fiat currency you wish to withdraw.
2. Click on Withdraw: Choose the appropriate withdrawal method (crypto or fiat), and provide the necessary information such as your wallet address or bank details.
3. Enter the Amount: Input the amount you wish to withdraw. Be aware of withdrawal limits or fees that may apply, particularly for large amounts.
5. Confirm and Double-Check Everything ✅
Before submitting your transaction, carefully review all the details—especially wallet addresses. Since crypto transfers are irreversible, even a small error can lead to losing your funds. Binance may prompt you for email or 2FA confirmation, so stay alert during the process!
6. Track Your Withdrawal Status 🔍
Once you've confirmed the withdrawal, monitor its progress through the “Transaction History” section. Crypto transfers can take anywhere from minutes to hours, depending on network conditions, so patience may be required.
7. Be Aware of Tax Considerations 💼
Large withdrawals can trigger tax liabilities depending on where you live. It's essential to understand the tax regulations in your jurisdiction regarding cryptocurrency. Consider seeking advice from a tax professional to ensure you're fulfilling your financial obligations.
Conclusion: Secure Your Financial Freedom 🌟
By following these steps, you’ll be well-equipped to withdraw millions from your Binance account with confidence. While the process is straightforward, paying close attention to detail and staying informed about your responsibilities will make it even smoother. Whether you’re reinvesting, making a purchase, or cashing out profits, the cryptocurrency world is at your fingertips!
Don’t hesitate—take control of your investments and make that withdrawal today. Best of luck and happy trading! 🚀💎

#binaceVietnamSquare #GameFiTokensRally #APTSurpassesSUI #UptoberBTC70K? #BTCMiningDifficultyRecord