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Humanity Protocol, a blockchain-based identity platform, is valued at $1.1 billion after funding.
Decentralized identity platform Humanity Protocol has raised $20 million in venture funding to compete with companies like World Network, which is pushing blockchain-based identity solutions.
Humanity's funding round was backed by venture capitalists Pantera Capital and Jump Crypto, with a fully diluted valuation of $1.1 billion. The funds will be used to further develop the so-called Proof of Humanity protocol, which links a user's palm to their digital identity on the #Web3 .
the funds will also support the launch of the protocol on the mainnet, which has not yet been announced. According to
Humanity Protocol, the platform will issue tokens in partnership with #OKX Wallet.
Humanity Protocol is the first #blockchain project to combine biometrics and Web3 financial services. Humanity Protocol is not the first: in 2023, Sam Altman of OpenAI co-founded the Worldcoin project (later renamed World Network), which used Orb technology to scan a user's #iris and create a separate digital identity.
Project World has been criticized. Brazilian data protection authorities recently banned the company from offering its services to locals. In December, German data protection authorities reprimanded World Network for mishandling biometric data. Humanity Protocol founder Terence Kwok told Cointelegraph that palm scans on the company's platform are less invasive than iris scans on the World Network, without compromising security.
Users can use iris codes than palm and fingerprint biometric authentication, Kwok said.
Despite the controversy, biometric authentication is seen as important for web3 adoption and integration with financial services and healthcare.
In a September podcast on Cointelegraph, Privado ID Chief Product Officer Sebastian Rodriquez said biometric authentication doesn't have to be a privacy nightmare. He also cautioned against equating privacy and anonymity because they are not the same thing.
We shouldn't fight for anonymity. We should be fighting for consent. Privacy is not anonymity.
Read us at: Compass Investments
#DigitalCurrency
Humanity's funding round was backed by venture capitalists Pantera Capital and Jump Crypto, with a fully diluted valuation of $1.1 billion. The funds will be used to further develop the so-called Proof of Humanity protocol, which links a user's palm to their digital identity on the #Web3 .
the funds will also support the launch of the protocol on the mainnet, which has not yet been announced. According to
Humanity Protocol, the platform will issue tokens in partnership with #OKX Wallet.
Humanity Protocol is the first #blockchain project to combine biometrics and Web3 financial services. Humanity Protocol is not the first: in 2023, Sam Altman of OpenAI co-founded the Worldcoin project (later renamed World Network), which used Orb technology to scan a user's #iris and create a separate digital identity.
Project World has been criticized. Brazilian data protection authorities recently banned the company from offering its services to locals. In December, German data protection authorities reprimanded World Network for mishandling biometric data. Humanity Protocol founder Terence Kwok told Cointelegraph that palm scans on the company's platform are less invasive than iris scans on the World Network, without compromising security.
Users can use iris codes than palm and fingerprint biometric authentication, Kwok said.
Despite the controversy, biometric authentication is seen as important for web3 adoption and integration with financial services and healthcare.
In a September podcast on Cointelegraph, Privado ID Chief Product Officer Sebastian Rodriquez said biometric authentication doesn't have to be a privacy nightmare. He also cautioned against equating privacy and anonymity because they are not the same thing.
We shouldn't fight for anonymity. We should be fighting for consent. Privacy is not anonymity.
Read us at: Compass Investments
#DigitalCurrency
🔥 NEW : #OKX 💰 becomes the first Virtual Financial Assets (VFA) exchange to secure a Markets in #Crypto-Assets Regulation (#MiCA ) pre-authorization.
TOP CENTRALIZED EXCHANGES BY WEEKLY TRADING VOLUME
#Binance #Bybit #Cryptocom #Upbit #OKX #Coinbase #GateIo #MEXC #Bitget
#Binance #Bybit #Cryptocom #Upbit #OKX #Coinbase #GateIo #MEXC #Bitget
$SOL A wallet linked to #Trump's Team transferred 27,270 $SOL , worth $7.27M to #OKX through an intermediary wallet.
The wallet also sent 1.25M $TRUMP, worth $42.88M, to #OKX.
Intermediary Wallet: EKN6Yyrub5Jc2aaATTZLiN3cLtH694nHsvuLSgjiQn8q
#Trump's Team Wallet: 7qtDv72fGzuuGmyg1FkTxBybYH2sXkUd6u8WXwnkRnpE
The wallet also sent 1.25M $TRUMP, worth $42.88M, to #OKX.
Intermediary Wallet: EKN6Yyrub5Jc2aaATTZLiN3cLtH694nHsvuLSgjiQn8q
#Trump's Team Wallet: 7qtDv72fGzuuGmyg1FkTxBybYH2sXkUd6u8WXwnkRnpE
OFFICIAL TRUMP (TRUMP) has been listed on major exchanges today, January 19th
Trading of #OFFICIALTRUMP $TRUMP is now live on #Binance , #OKX , #Coinbase , #KuCoin, #HTX and #Bitget exchanges with TRUMP/USDC and TRUMP/USDT trading pairs.
#TRUMP is a meme coin based on the #Solana $SOL #blockchain. Current price of TRUMP is $69.73, market cap is $13.9B and FDV - $69.7B
Trading of #OFFICIALTRUMP $TRUMP is now live on #Binance , #OKX , #Coinbase , #KuCoin, #HTX and #Bitget exchanges with TRUMP/USDC and TRUMP/USDT trading pairs.
#TRUMP is a meme coin based on the #Solana $SOL #blockchain. Current price of TRUMP is $69.73, market cap is $13.9B and FDV - $69.7B
🔐 Cybersecurity News (December 13, 2023):
1️⃣ SlowMist: The decentralized exchange (DEX) #okx has been hacked. Information about suspicious wallet activity linked to the trading platform surfaced on microblogs within the crypto community. The breach has been confirmed by analysts from the blockchain company SlowMist. According to them, the attack may be the result of an administrator's private key leakage. 🔍
2️⃣ BSN: Chinese authorities have devised another method for monitoring citizens, this time involving #blockchain technology. With the new platform called RealDID, the government will be able to verify the authentic identities of 1.4 billion residents using the Blockchain-based Service Network (BSN). 🌐
3️⃣ VC: The number of verdicts in Russian courts related to cryptocurrency-related economic cases from 2017 to 2021 has increased by almost 5000%. These cases include theft, fraud, financial pyramids, and scam ICOs. The range of such crimes is constantly expanding, including bribery, terrorism financing, and other forms of illegal activities. 🔒
4️⃣ Venus Protocol: Developers of the Venus lending platform on the BNB Chain reported a malfunction in the Binance oracle, resulting in a loss of $274,000. The community will consider a proposal to restore liquidity from the treasury to the affected pool. The issue was identified in the LST-BNB pool. 💸
5️⃣ Le Figaro: On December 5th in Paris, a 40-year-old Russian national, allegedly the operator of the #hive ransomware virus, was arrested. According to the Cybercrime Unit, the suspect extorted cryptocurrency from the victims of his cyberattacks. The Russian individual resided in Cyprus, and authorities confiscated €570,000 in undisclosed cryptocurrencies from his residence, equivalent to turnover. 🕵️♂️
🚀 Like if you are interested in blockchain news.
1️⃣ SlowMist: The decentralized exchange (DEX) #okx has been hacked. Information about suspicious wallet activity linked to the trading platform surfaced on microblogs within the crypto community. The breach has been confirmed by analysts from the blockchain company SlowMist. According to them, the attack may be the result of an administrator's private key leakage. 🔍
2️⃣ BSN: Chinese authorities have devised another method for monitoring citizens, this time involving #blockchain technology. With the new platform called RealDID, the government will be able to verify the authentic identities of 1.4 billion residents using the Blockchain-based Service Network (BSN). 🌐
3️⃣ VC: The number of verdicts in Russian courts related to cryptocurrency-related economic cases from 2017 to 2021 has increased by almost 5000%. These cases include theft, fraud, financial pyramids, and scam ICOs. The range of such crimes is constantly expanding, including bribery, terrorism financing, and other forms of illegal activities. 🔒
4️⃣ Venus Protocol: Developers of the Venus lending platform on the BNB Chain reported a malfunction in the Binance oracle, resulting in a loss of $274,000. The community will consider a proposal to restore liquidity from the treasury to the affected pool. The issue was identified in the LST-BNB pool. 💸
5️⃣ Le Figaro: On December 5th in Paris, a 40-year-old Russian national, allegedly the operator of the #hive ransomware virus, was arrested. According to the Cybercrime Unit, the suspect extorted cryptocurrency from the victims of his cyberattacks. The Russian individual resided in Cyprus, and authorities confiscated €570,000 in undisclosed cryptocurrencies from his residence, equivalent to turnover. 🕵️♂️
🚀 Like if you are interested in blockchain news.
See original
“High FDV + low circulation” causes dissatisfaction in the community: Binance adjusts its coin listing strategy, where should project owners and retail investors go?
Background
Recently, due to the fact that "high FDV + low circulation" tokens have flooded the market and generally performed poorly, the community has become strongly dissatisfied with VC (venture capital) and value coins. This phenomenon has not only aroused controversy between MEME coins and VC/value coins, but has also attracted the attention and participation of investment institutions including a16z and Dragonfly.
Exchange Adjustments: New Strategies for Binance and OKX
In this context, crypto exchanges Binance and OKX have adjusted their listing strategies. On the evening of May 20, Binance released a public recruitment plan for listing projects. The announcement pointed out that tokens with high valuations and low circulation will bring huge selling pressure when they are unlocked in the future, which is not good for ordinary investors and loyal community members of the project. To this end, Binance decided to take the lead in supporting small and medium-sized cryptocurrency projects and encourage high-quality teams to apply for listing, including direct listing, Launchpools and Megadrops. Binance hopes to promote the development of the blockchain ecosystem by supporting small and medium-sized projects with good fundamentals, organic community foundation, sustainable business model and industry responsibility.
Recently, due to the fact that "high FDV + low circulation" tokens have flooded the market and generally performed poorly, the community has become strongly dissatisfied with VC (venture capital) and value coins. This phenomenon has not only aroused controversy between MEME coins and VC/value coins, but has also attracted the attention and participation of investment institutions including a16z and Dragonfly.
Exchange Adjustments: New Strategies for Binance and OKX
In this context, crypto exchanges Binance and OKX have adjusted their listing strategies. On the evening of May 20, Binance released a public recruitment plan for listing projects. The announcement pointed out that tokens with high valuations and low circulation will bring huge selling pressure when they are unlocked in the future, which is not good for ordinary investors and loyal community members of the project. To this end, Binance decided to take the lead in supporting small and medium-sized cryptocurrency projects and encourage high-quality teams to apply for listing, including direct listing, Launchpools and Megadrops. Binance hopes to promote the development of the blockchain ecosystem by supporting small and medium-sized projects with good fundamentals, organic community foundation, sustainable business model and industry responsibility.
See original
🚨Shocked!
OKX was hit hard by an insider, security vulnerabilities were exposed, and the industry giant was in a crisis of trust!
The Twitter trolls are getting more and more corrupt
This wave of operations is true6
! OKX, the virtual currency exchange that we are familiar with, has encountered a shocking case of internal personnel committing crimes! 😱
🔍 According to the latest news, this incident not only involves the technical challenges of forging judicial documents and ignoring two-factor authentication (2FA), but also involves a shocking conspiracy involving internal personnel! Imagine that those criminals with technical authority can easily bypass layers of protection and directly withdraw huge amounts of digital currency, just like the hacker masters in the movies! 💸
💥 The economic losses caused by this incident to OKX are undoubtedly huge, but more importantly, it has caused serious damage to the reputation of this exchange. As a highly-watched virtual currency exchange, its security and reliability have always been the most concerned issues for users. However, the occurrence of this incident has undoubtedly greatly reduced people's trust in OKX, and even triggered a crisis of trust in the entire industry! 😰
😓 In this storm, OKX CEO Teng EO is undoubtedly the most hurt person. Not only does he have to face doubts and criticisms from the outside world, but he also has to bear tremendous psychological pressure and work hard to restore the normal operation of the exchange and the confidence of users. This kind of mentally and physically exhausted situation makes people sweat for him. 🙏#okx #OKX钱包
OKX was hit hard by an insider, security vulnerabilities were exposed, and the industry giant was in a crisis of trust!
The Twitter trolls are getting more and more corrupt
This wave of operations is true6
! OKX, the virtual currency exchange that we are familiar with, has encountered a shocking case of internal personnel committing crimes! 😱
🔍 According to the latest news, this incident not only involves the technical challenges of forging judicial documents and ignoring two-factor authentication (2FA), but also involves a shocking conspiracy involving internal personnel! Imagine that those criminals with technical authority can easily bypass layers of protection and directly withdraw huge amounts of digital currency, just like the hacker masters in the movies! 💸
💥 The economic losses caused by this incident to OKX are undoubtedly huge, but more importantly, it has caused serious damage to the reputation of this exchange. As a highly-watched virtual currency exchange, its security and reliability have always been the most concerned issues for users. However, the occurrence of this incident has undoubtedly greatly reduced people's trust in OKX, and even triggered a crisis of trust in the entire industry! 😰
😓 In this storm, OKX CEO Teng EO is undoubtedly the most hurt person. Not only does he have to face doubts and criticisms from the outside world, but he also has to bear tremendous psychological pressure and work hard to restore the normal operation of the exchange and the confidence of users. This kind of mentally and physically exhausted situation makes people sweat for him. 🙏#okx #OKX钱包
See original
#okx #币圈资讯
欧意助测安装网旨62628.cc
I met a stranger who was about 20 years old on the street a few nights ago. He asked me if I wanted to play with him. I was stunned for a moment when I saw his obvious male features, and immediately shook my head and said no. I didn't leave immediately because I was waiting for someone. He asked me if I had no place to live and no money. I said no, I still had some.
He said he had no money to eat and no place to live, so he wanted to borrow 10 yuan from me to go to the Internet cafe for a night, and since it wasn't much, I lent it. After chatting for a few words, he wanted to borrow 50 yuan, so I lent it. It should have ended here. It didn't matter if the money was not much and he didn't pay it back, but he kept saying that he would pay me back when he had money. I asked him how to find me after he had money, and he asked me to scan a power bank to charge his phone for a while and add WeChat to facilitate his repayment in the future. I agreed, and adding WeChat was also a way to keep the 60 yuan in mind, and then I left.
It should be two days later. He called me on WeChat while I was having lunch. After answering the call, he asked me to borrow another 100 yuan, saying that he had no money for food. What was a bit strange was that he asked me not to transfer the money to him directly, but sent me a store payment code and asked me to pay the money. The boss would give him cash. After struggling, I agreed. The next night, he called me again. I didn't want to answer the call, but he kept calling me. He wanted to borrow 100 yuan in the same way, but I only borrowed 10 yuan.
In the next few days, he kept calling me on WeChat and sending me voice messages to borrow money like a creditor. I would not answer the video calls. The voice messages kept repeating "I have no money. Lend me some money. Lend me another 100 yuan. I will pay you back when I have money." I didn't dare to say that I didn't want to borrow money, so I could only lie to him and say that I didn't have money either. Later, he saw that I really didn't explode gold coins, so he stopped harassing me.
It doesn't matter if I spend more than 100 yuan to help others and don't pay it back, but the problem is that he really makes me feel uncomfortable.
欧意助测安装网旨62628.cc
I met a stranger who was about 20 years old on the street a few nights ago. He asked me if I wanted to play with him. I was stunned for a moment when I saw his obvious male features, and immediately shook my head and said no. I didn't leave immediately because I was waiting for someone. He asked me if I had no place to live and no money. I said no, I still had some.
He said he had no money to eat and no place to live, so he wanted to borrow 10 yuan from me to go to the Internet cafe for a night, and since it wasn't much, I lent it. After chatting for a few words, he wanted to borrow 50 yuan, so I lent it. It should have ended here. It didn't matter if the money was not much and he didn't pay it back, but he kept saying that he would pay me back when he had money. I asked him how to find me after he had money, and he asked me to scan a power bank to charge his phone for a while and add WeChat to facilitate his repayment in the future. I agreed, and adding WeChat was also a way to keep the 60 yuan in mind, and then I left.
It should be two days later. He called me on WeChat while I was having lunch. After answering the call, he asked me to borrow another 100 yuan, saying that he had no money for food. What was a bit strange was that he asked me not to transfer the money to him directly, but sent me a store payment code and asked me to pay the money. The boss would give him cash. After struggling, I agreed. The next night, he called me again. I didn't want to answer the call, but he kept calling me. He wanted to borrow 100 yuan in the same way, but I only borrowed 10 yuan.
In the next few days, he kept calling me on WeChat and sending me voice messages to borrow money like a creditor. I would not answer the video calls. The voice messages kept repeating "I have no money. Lend me some money. Lend me another 100 yuan. I will pay you back when I have money." I didn't dare to say that I didn't want to borrow money, so I could only lie to him and say that I didn't have money either. Later, he saw that I really didn't explode gold coins, so he stopped harassing me.
It doesn't matter if I spend more than 100 yuan to help others and don't pay it back, but the problem is that he really makes me feel uncomfortable.
See original
$TNSR whiteBIT and htx exchange, would you look at the spot volumes? Well, why do you think the spot volumes are almost twice that of binance? Because Binance and okx exchange are currently short selling and suppressing this product, and other exchanges are taking advantage of this opportunity and collecting goods. This means that there may be a big boom soon, but the futures market I don't buy it from spot because the pressure may deepen but of course this pressure will be broken somewhere then green days will be ours spot tnrs$ $BTC $ETH #ScamRiskWarning #Binance #btc #USDT #okx
Bitcoin bulls return: BTC derivatives data points to a rise to $105K
Bitcoin put options are trading at a 2% discount to their call counterparts, which is in line with the trend of the past two weeks. When whales and market makers anticipate a potential correction, this figure usually exceeds 6%, reflecting the premium on put options.
The recent recovery in traditional financial markets has also been a factor: On Dec. 24, the S&P 500 Index reversed its one-month losses, and #bitcoin contributed to a rally above $98,000. In addition, the yield on 10-year U. S. Treasuries #rose to 4.59% from 4.23% two weeks ago, indicating that investors are seeking higher yields on their government bonds.
The recent rise in U. S. Treasury yields generally reflects expectations of higher inflation and higher government debt. In contrast, equities and scarce assets such as bitcoin often perform better when central banks are forced to stimulate the economy by injecting liquidity. Bitcoin's growth remains limited as investors worry about the risk of global economic stagnation. It is difficult to predict what impact these conditions will have on stock markets and real estate assets. Currently, bitcoin's correlation to the S&P 500 Index is relatively high at 64%.
the U. S. Federal Reserve (Fed) has revised its interest rate forecast downward, reducing the number of rate cuts by 2025 from four to two. This adjustment reduces the immediate risk of lower corporate earnings and potential real estate financing problems.
To assess market sentiment, it is important to analyze the bitcoin margin market. Unlike derivative contracts, which require a seller and a buyer, the margin market allows traders to borrow stablecoin and buy bitcoin on the spot or borrow #BTC and create a short position, betting on the price to fall.
Bitcoin Margin on #OKX The ratio of long to short positions is currently 25 times in favor of long positions (purchases). Historically, this ratio has exceeded 40x due to overconfidence, and levels below 5x in favor of long positions are generally considered bearish.
Read us at: Compass Investments
#CryptoUpdates
The recent recovery in traditional financial markets has also been a factor: On Dec. 24, the S&P 500 Index reversed its one-month losses, and #bitcoin contributed to a rally above $98,000. In addition, the yield on 10-year U. S. Treasuries #rose to 4.59% from 4.23% two weeks ago, indicating that investors are seeking higher yields on their government bonds.
The recent rise in U. S. Treasury yields generally reflects expectations of higher inflation and higher government debt. In contrast, equities and scarce assets such as bitcoin often perform better when central banks are forced to stimulate the economy by injecting liquidity. Bitcoin's growth remains limited as investors worry about the risk of global economic stagnation. It is difficult to predict what impact these conditions will have on stock markets and real estate assets. Currently, bitcoin's correlation to the S&P 500 Index is relatively high at 64%.
the U. S. Federal Reserve (Fed) has revised its interest rate forecast downward, reducing the number of rate cuts by 2025 from four to two. This adjustment reduces the immediate risk of lower corporate earnings and potential real estate financing problems.
To assess market sentiment, it is important to analyze the bitcoin margin market. Unlike derivative contracts, which require a seller and a buyer, the margin market allows traders to borrow stablecoin and buy bitcoin on the spot or borrow #BTC and create a short position, betting on the price to fall.
Bitcoin Margin on #OKX The ratio of long to short positions is currently 25 times in favor of long positions (purchases). Historically, this ratio has exceeded 40x due to overconfidence, and levels below 5x in favor of long positions are generally considered bearish.
Read us at: Compass Investments
#CryptoUpdates
See original
[Airdrop]GAGANODE node mining
Project Party: Meson Network
Valuation: US$1 billion
Star investor:OKX
Invitation link: https://dashboard.gaganode.com/register?referral_code=pjwlhpmuzpxktcd
Or enter the referral code when registering: pjwlhpmuzpxktcd
Start teaching below
1. After entering from the invitation link, after completing the registration information, go to the email to receive the verification code.
Go to the main page
2. Click on the first bound wallet. The other two links below are X’s daily tasks. You can come back every day to draw points.
3. After the first link comes in, click the first bound wallet.
4. After the binding is completed, return to the main page and click Install&Run.
Valuation: US$1 billion
Star investor:OKX
Invitation link: https://dashboard.gaganode.com/register?referral_code=pjwlhpmuzpxktcd
Or enter the referral code when registering: pjwlhpmuzpxktcd
Start teaching below
1. After entering from the invitation link, after completing the registration information, go to the email to receive the verification code.
Go to the main page
2. Click on the first bound wallet. The other two links below are X’s daily tasks. You can come back every day to draw points.
3. After the first link comes in, click the first bound wallet.
4. After the binding is completed, return to the main page and click Install&Run.
See original
The shock after the sharp rise and fall came unexpectedly. But it is actually in line with the market rules.
I think this has a lot to do with the recent negative news about OKX. It was just clarified yesterday, and today it was revealed that institutional market makers were also stolen.
Well... I think we need to be more careful, after all, this is a more direct reason. I think it is possible to protect assets, and a gentleman does not stand on a dangerous wall...
Brothers, like + follow, I will continue to update market analysis, high-quality potential currencies, first-hand cutting-edge information, and share the stories of netizens to avoid you from stepping into the pit #IO #okx #ZKsync空投争议 #现货以太坊ETF获美SEC批准
I think this has a lot to do with the recent negative news about OKX. It was just clarified yesterday, and today it was revealed that institutional market makers were also stolen.
Well... I think we need to be more careful, after all, this is a more direct reason. I think it is possible to protect assets, and a gentleman does not stand on a dangerous wall...
Brothers, like + follow, I will continue to update market analysis, high-quality potential currencies, first-hand cutting-edge information, and share the stories of netizens to avoid you from stepping into the pit #IO #okx #ZKsync空投争议 #现货以太坊ETF获美SEC批准
See original
Wow!#OKXmade a tg game!
https://t.me/OKX_official_bot/OKX_Racer?startapp=linkCode_39427816
#
Get points by guessing the rise and fall. It doesn’t say what you can do with the points later, but it feels quite interesting!
But you can get a mysterious reward after binding the OKX account that has been KYCed!
You need to bind in the OKX personal center
Upper left corner ➡️ Personal profile ➡️ Social account ➡️ tg ➡️ Enter phone number ➡️ Confirm in tg app ➡️ Success
#okx
https://t.me/OKX_official_bot/OKX_Racer?startapp=linkCode_39427816
#
Get points by guessing the rise and fall. It doesn’t say what you can do with the points later, but it feels quite interesting!
But you can get a mysterious reward after binding the OKX account that has been KYCed!
You need to bind in the OKX personal center
Upper left corner ➡️ Personal profile ➡️ Social account ➡️ tg ➡️ Enter phone number ➡️ Confirm in tg app ➡️ Success
#okx