I wanted to report a bug in the word of the day. The article that allows you to find the word. The link does not exist on my two phones. I try but nothing works. I must not be the only one to know this. It's a game that I like of course #WOTD #BİNANCE
At the end of the year, for all those who are wondering about the taxation of crypto with binance, I suggest you detail how I declared in 2024 and see the consequences of this declaration.
-------------------- Statement : To begin, you must declare your Binance account to the tax authorities, form no. 3916-3916 bis.
Then, you can choose to be taxed on your earnings as a salary or as non-commercial profits. Here the choice depends on your tax rate, personally I am taxable on the second tax bracket at 11%. I therefore choose the declaration at the scale (as a supplementary income) (box 2OP).
Introducing BIO Protocol (BIO) on Binance Launchpool! Farm BIO by locking BNB and FDUSD
New listing 2024-12-23 07:19 IMPORTANT: Binance will be the first platform to list the token mentioned here, with trading starting at 2025-01-03 10:00 (UTC). Any claims of offering this token for sale before the stated deadline are likely to be false advertising. Please do your own research to ensure the safety of your funds!
This is a general announcement. Products and services mentioned here may not be available in your region.
A full point with link for article. De#Binance News.
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Binance Market Update: Top Stories December 22, 2024
The global cryptocurrency market cap now stands at $3.42T, up by 5.20% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $95,890 and $98,650 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $96,712, down by -1.76%.Most major cryptocurrencies by market cap are trading lower. Market outperformers include HIVE, FUN, and IDEX, up by 42%, 28%, and 21%, respectively.Top stories of the day:NCPPR is Preparing New Bitcoin Financial Reserve Proposals for Microsoft and AmazonEl Salvador Wallet Adds 11 BTC to Strategic ReservesEl Salvador Increases Daily Bitcoin Purchases, Aims for 20,000 BTCGraniteShares Files for New Leveraged ETFs Tracking RIOT, MARA, MSTR, and HOODCryptoQuant Founder: MicroStrategy Has Become Another "USD-to-Bitcoin Gateway"Germany Passes Financial Market Digitization Act Ahead of MiCAR ImplementationMarket movers:ETH: $3365.15 (-3.02%)XRP: $2.2519 (-2.41%)BNB: $664.6 (-2.22%)SOL: $184.88 (-5.32%)DOGE: $0.31807 (-5.43%)ADA: $0.9058 (-5.52%)TRX: $0.2475 (-1.55%)AVAX: $37.98 (-7.52%)LINK: $22.37 (-6.44%)TON: $5.364 (-3.05%)
Une réalité qui est déjà appliquée en EU. Faudrais s intéresser et je compte le faire qui gère et décide pour l organisme MICA. Un bon article de YADAV05
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🚨BREAKING: EU Mandates $USDT Delisting by December 30 Under MiCA Non-Compliance 🇪🇺
The European Union (EU) has taken a groundbreaking step in regulating the cryptocurrency market. By December 30, 2024, exchanges operating within the EU must delist Tether ($USDT) unless the stablecoin complies with the strict provisions of the Markets in Crypto-Assets (MiCA) framework. This directive reflects the EU's broader push to enhance transparency, investor protection, and market stability in the crypto industry.
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What is MiCA?
The Markets in Crypto-Assets (MiCA) regulation is a comprehensive set of rules aimed at creating a uniform regulatory environment for digital assets across EU member states. Officially passed in April 2023 and set to take effect in 2024, MiCA's goals include:
Safeguarding consumers and investors.
Mitigating risks like fraud, market manipulation, and money laundering.
Encouraging innovation while ensuring financial stability.
For stablecoins like $USDT, MiCA introduces stringent requirements for transparency, auditing, and asset backing.
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Why is $USDT Under Scrutiny?
Tether’s $USDT, the world’s largest stablecoin, has long faced regulatory concerns over its reserves and transparency. Under MiCA, stablecoins must:
1. Prove they are fully backed by assets.
2. Provide regular, third-party audits of their reserves.
3. Adhere to strict transparency standards.
Tether’s historical challenges in meeting such standards place $USDT in a precarious position under MiCA. Failure to comply with these requirements could lead to its delisting from EU exchanges.
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Implications for the Crypto Market
The delisting of $USDT by December 30 could have significant consequences:
1. Liquidity Challenges: As the most traded stablecoin, $USDT is crucial for liquidity in the crypto market. Its absence could disrupt trading volumes, particularly in the EU.
2. Shift to Alternatives: Other stablecoins like $USDC, $TUSD, and $DAI may fill the gap, provided they meet MiCA's compliance standards.
3. Global Precedent: The EU’s regulatory approach may inspire similar moves by other jurisdictions, increasing global regulatory scrutiny on stablecoins.
4. Tether's Market Share: Losing access to EU exchanges could weaken Tether’s dominance, opening the door for competitors.
5. Increased Oversight: Stablecoin issuers globally may face heightened transparency and compliance demands as regulators tighten their grip.
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What’s Next for Tether?
Tether has made efforts to improve transparency, including releasing more detailed reserve reports. However, MiCA sets a higher benchmark, and whether Tether can achieve compliance by December 30 remains uncertain.
If $USDT is delisted in the EU, Tether could lose significant market share in one of the world’s most influential financial regions. Conversely, meeting MiCA’s requirements could bolster its credibility and position in the global market.
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Conclusion
The EU’s directive to delist $USDT unless it complies with MiCA regulations is a defining moment for the crypto industry. While this move aims to ensure transparency and protect investors, it also raises questions about the future of stablecoins and their role in global finance.
As the deadline approaches, traders, investors, and market participants must prepare for potential changes. Whether this regulation strengthens or destabilizes the market will depend on how Tether and other issuers adapt to the evolving regulatory landscape.
Reminder: Always conduct your own research (DYOR) before making i nvestment decisions.
My "tip of the day" for absolute beginners 👌 I saw some comments and also heard a lot of discussions on $VANA . Absolute beginners or those who are new to this cryptocurrency trading system, they think that vana started its journey from $1 and it went to $35.8 in a few hours after its release. Unfortunately, buddy, this is a big "NO". And also another big "NO", you can't earn 3000% with the new coins released (of course, I'm not talking about possibilities). The fact is that the launch price of this cryptocurrency is not $1. Its initial purchase price was around $20. Yes, we can still make a significant profit by buying at $20 and selling at $35, but this profit is around 175%. As you can see, it is not as high as 3000%. Therefore, beginners should take this into account when investing and focus on identifying currencies that are trending or have the potential to trend by following market speculations. Remember that just like warming up and preparing for a match, investing requires preparation. However, there is no guarantee that you will win the match. You can win or lose. #GagnerAvecBinance $XRP $ETH
$USUAL : The Real Question Isn’t the Listing Price
Many are wondering what the listing price for $USUAL on the spot will be. Sure, it might start lower than the pre-market closing price, but this approach helps prevent heavy sell-offs and creates strong buying pressure, often pushing the price higher post-listing.
The real question should be: Does USUAL have the potential to hit 5X, 10X, 20X, or even 50X? The answer is a resounding YES!
$USUAL is a solid project with strong backing, fully aligned with the hot RWA, Defi & stable coin narratives. With innovative, secure, and transparent concepts like treasury bills, it’s built for long-term success.
Don’t focus too much on the listing price. In this bull market, solid projects like USUAL can multiply exponentially.
This is not financial advice. Always DYOR before investing or trading.
❗How To Benefit From Simon's Cat (1000CAT) and Pudgy Penguins (PENGU) Airdrops on Binance!❗
Binance is thrilled to introduce the 4th and 5th projects in our HODLer Airdrops Program: Simon's Cat (1000CAT) and Pudgy Penguins (PENGU). Here's what you need to know:
▪︎How to Participate: Go to [Earn] and search for BNB. Subscribe to Simple Earn (Flexible or Locked) using your BNB. Binance will take random balance snapshots to calculate rewards.
Key Dates:
▪︎1000CAT Trading: Starts 2024-12-17 at 09:00 UTC with pairs USDT, BNB, FDUSD, and TRY.
▪︎PENGU Trading: Starts 2024-12-17 at 14:00 UTC with the same trading pairs.
Important Reminder:
The distribution of 1000CAT tokens may significantly increase circulation, causing price fluctuations. Trade carefully!
🚀 1000CAT Details:
▪︎Token Name: Simon’s Cat (CAT) Max Supply: 9 Trillion CAT HODLer Airdrops ▪︎Rewards: 1.143 Trillion CAT (12.7% of max supply) Circulating Supply at Listing: 7.89 Trillion CAT (88% of max supply)
▪︎Smart Contract (BNB Chain): 0x6894CDe390a3f51155ea41Ed24a33A4827d3063D Solana support not available for CAT and 1000CAT.
🚀 PENGU Details:
▪︎Token Name: Pudgy Penguins (PENGU)
▪︎Total Supply: 88.89 Billion PENGU HODLer ▪︎Airdrops Rewards: 2.67 Billion PENGU (3% of total supply)
▪︎Circulating Supply at Listing: 62.42 Billion PENGU (70.22% of max supply)
This program rewards BNB holders retroactively for their balances in Simple Earn products. Subscribing BNB makes you eligible for HODLer Airdrops, Launchpool, and Megadrop rewards. It’s a simple and hassle-free way to earn extra tokens.
Eligible users will receive their tokens in their Spot Wallets within 24 hours of the airdrop announcement.
The $143 Million AI Hedge Fund That Failed Investors
🤖 The promise of AI in trading doesn’t always match the results, as seen in the downfall of Sentient Technologies.
1️⃣ What Happened: Sentient Technologies, an AI-powered hedge fund, raised $143 million in venture capital, promising revolutionary trading strategies. Despite high expectations, the fund achieved only a 4% return in 2017 and broke even in 2018. Disappointed investors withdrew their money, forcing the fund to shut down.
2️⃣ The Lesson: AI’s inability to adapt to market nuances and unforeseen events was a key factor in the fund’s failure. Over-reliance on technology without human intervention proved costly for investors.
💡 The AmboInvest Difference: At AmboInvest, we don’t make empty promises about AI. We combine the power of cutting-edge technology with human intelligence to build robust, adaptive investment strategies. Our team ensures that every decision is grounded in expertise and market insight, minimizing risk and maximizing returns.
👉 Experience the difference of balanced, human-led investing with AmboInvest.
So, I made a post earlier on how you can earn some pocket money in less time by just being an online salesman. Here are the details.
Okay, here we go. First of all, I must tell you that this job is not for you if you like to "SHOW OFF" of act RICH. Because a salesman's job is to sell the products and nothing else. You'll have to keep posting and keep texting people to convince them so that they purchase the product. Some friends might mock you for you, but you gotta have a real hard skin.
Coming to the products, your main goal will be to sell various tools and software for various uses and operations across the internet. RDP/s, private hacking tools and tutoring is also a part of this.
Now, the part you naughty kids are waiting for. The part where you EARN.
So, suppose you help ME sell a product worth $100, you're gonna get an instant commission of $30. INSTANT. Not tomorrow. Not 2 hours later.
So, you're getting a 30% commission of everything you can help me sell. Not too bad, right?
Your job is very simple yet very important. SELLING. Getting people interested. Getting some buyers.
This will help you earn some pocket money as well as boost some of your confidence for everyday life stuff.
If you think the paragraph sounds funny, do me a favour and put a haha react on the post and trust me, you'll never hear from me again. If you're looking for some work and interested for real, shoot my inbox.
Understanding the Risks of Message Signing in Blockchain Transactions
Binance Blog published a new article, highlighting the security risks associated with signing messages on the blockchain. This article aims to educate users about the potential dangers and how to protect themselves from scams.
Signing messages is a crucial part of blockchain transactions, allowing users to authorize actions, verify identities, and interact with decentralized applications (DApps). However, if not handled carefully, it can expose users to significant security threats. The 'eth_sign' function, which permits users to sign arbitrary messages, is particularly susceptible to misuse, potentially enabling attackers to gain full control over a victim's assets. To safeguard against such risks, users are advised to use trusted platforms, avoid signing unfamiliar messages, and stay informed about common scams.
In the decentralized space, signatures are essential for both authorizing transactions and interacting with DApps. They come in two main types: on-chain (transaction) and off-chain (message) signatures. On-chain signatures are used to authorize actions that change the state of the blockchain, such as transferring funds or executing smart contracts. Off-chain signatures, on the other hand, are used for actions that do not affect the blockchain’s state, such as verifying user identity or logging into a DApp. It is off-chain signatures that Web3 users often interact with, and these are the ones that can be exploited by criminals.
The article explains that the eth_sign function allows users to sign arbitrary messages with their private keys, posing potential security risks. This method uses a raw, non-readable message format without any prefix or context, leading users to often misunderstand the implications of what they are signing. The most severe risk is that signing a malicious message can grant an attacker full control over a user's assets. To mitigate these risks, the article advises using more secure methods like personal_sign and eth_signTypedData, which provide more context and clarity about what is being signed.
Real-life examples illustrate how scammers exploit message signing. For instance, fake NFT airdrops and impersonation of well-known projects are common tactics used to deceive users into signing malicious messages. These scams often create a sense of urgency, pressuring users to act quickly without verifying the legitimacy of the offer. To protect themselves, users should be cautious of unsolicited offers, verify the authenticity of social media accounts, and use secure wallets that provide protection against malicious messages.
Binance Web3 Wallet has taken measures to protect users by banning the eth_sign function, preventing users from falling victim to such scams. The article concludes by emphasizing the importance of staying informed and adopting security best practices to ensure the safety of assets in the Web3 ecosystem.
A complete analysis of the new Launchpool from #Crypto Ahmet
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😱🔥BREAKING: Introducing @withvana (VANA) on Binance Launchpool!👀
IMPORTANT: Binance will be the first platform to list the token mentioned herein, with trading starting at 2024-12-16 10:00 (UTC). Any claims to offer this token for sale before the stated timeline are likely to be false advertising. Please do your own research to ensure safety of your funds! This is a general announcement. Products and services referred to here may not be available in your region. Fellow Binancians, Binance is excited to announce the 62nd project on Binance Launchpool - Vana (#Vana ), a native EVM-compatible L1 blockchain for user-owned data. The webpage is estimated to be available in 12 hours, before the Launchpool starts. Users will be able to lock their #BNB and FDUSD to receive VANA Airdrops over two days, with farming starting from 2024-12-14 00:00 (UTC). Listing Binance will then list VANA at 2024-12-16 10:00 (UTC) and open trading with VANA/USDT, VANA/BNB, VANA/FDUSD and VANA/TRY trading pairs. The Seed Tag will be applied to VANA. VANA Launchpool Details: Token Name: Vana (VANA) Max Token Supply: 120,000,000 VANA Total Genesis Token Supply: 112,641,600 VANA (93.87% of max token supply) Launchpool Token Rewards: 4,800,000 VANA (4% of max token supply) Initial Circulating Supply When Listed on Binance Spot: 30,084,000 VANA (25.07% of max token supply) Research Report: Vana (VANA) (will be available within 12 hours of publishing this announcement) Layer 1 Network Details: Vana explorer Launchpool Terms will apply and KYC completed to Binance’s satisfaction is required Hourly Hard Cap per User: 8,500 VANA in BNB pool 1,500 VANA in FDUSD pool Supported Pools: Lock BNB (webpage will be availale in around 12 hours): 4,080,000 VANA in rewards (85%) Lock FDUSD (webpage will be available in around 12 hours): 720,000 VANA in rewards (15%) Farming Period: 2024-12-14 00:00 (UTC) to 2024-12-15 23:59 (UTC). #BinanceLaunchpool #BinanceLaunchpoolVANA #BitcoinKeyZone
Binance has announced that the Usual (#USUAL) pre-sale will close on December 17 at 12:00 (UTC). Following this, trading for the pairs USUAL/BTC, USUAL/USDT, USUAL/FDUSD, and USUAL/TRY will go live on December 18 at 14:00 (UTC).
Don't miss the opportunity to explore this new listing and expand your portfolio! 🚀
Disclaimer: This is not financial advice. Always research before investing.
🔥 Binance Smashes Records with $24 Billion Inflows in 2024! 🔥
Binance has just hit a staggering $24 billion in user inflows, all thanks to an incredible 250 million users worldwide! 🚀 This surge underscores the platform's dominance in the #crypto market, driven by a mix of #BitcoinETF approvals, regulatory successes, and a massive increase in #digitalasset adoption. 💹 Binance's strategic moves have not only boosted user confidence but also solidified its position as the go-to exchange for both retail and institutional investors. 🌟
The platform's user base expansion to 250 million reflects a year of unparalleled growth, with #BNB leading the charge. 🎉 With such monumental achievements, #Binance continues to redefine what's possible in the world of crypto currency exchange.
Day 6 #GuesstheToken 🎉 December Monthly Challenge with Binance Square!
Guess the token name based on the keywords and chart provided in the image below. Solve and answer in the COMMENT column of this post! 🕵️
Answer Format: Token Name [Space] hashtag #GuesstheToken Example: XXXXX #GuesstheToken
🏆The top 50 players with the highest scores will share a total Prize of 300 USDT! 🏆Top 1 - 5 will get a special bonus in the form of a reward of 20 USDT each + Binance Merchandise
Terms and Conditions Apply: https://www.binance.com/id/square/post/17143382072673
Test your knowledge and comment on your answer now! 😎 #ClueandChartChallenge
[INFO: Answer #GuesstheToken Day 5 is TONCOIN (TON)]