Rohit Wad, a computer science engineer from India's second tier city of Bhilai presently leads the technology initiatives at Binance, touted as the largest crypto exchange in the world. In conversation with Gadgets360 last week, Wad emphasised that for Web3 adoption to grow, developers must ...

Find Balance Between Convenience, Security: Binance CTO Rohit Wad to Web3 App Makers | Technology News

BitGPT’s technology will help onboard the next billion Web3 users and kickstart the AI Agent economy.

BitGPT unveils new Web3 AI platform at Binance Blockchain Week - Decrypt

A Binance exec has urged Aussies to remain vigilant against cybersecurity risks while noting a trend of financial losses to crypto scams dropping.

Binance APAC Exec Urges Cyber Security Awareness, Reveals Four Simple Steps for Investors

Notcoin founder Sasha Plotvinov believes the surge of blockchain games on Telegram is fueled by the platform's ability to bring in new users at a much lower cost than traditional approaches.

Binance Lures Telegram’s Billion Users With Web3 Games - FinanceFeeds

According to Odaily, a Chinese Space event will be held tonight at 8 PM UTC+8, organized by Odaily in collaboration with Tranching Protocol. The event will focus on the theme 'Web2 Social Media Vulner

Web2 Social Media Vulnerabilities Impacting Web3 Project Security | Binance News on Binance Square

Binance will host its 2024 edition of Binance Blockchain Week in Dubai, which will showcase the latest trends and advancements in the Web3 space

Web3 momentum accelerates at Binance Blockchain Week 2024 in Dubai

According to Foresight News, SunPump has announced an ecological partnership with Web3 community growth platform TaskOn. The collaboration aims to support the ongoing development of SunPump's Meme pro

SunPump Partners With TaskOn To Boost Web3 Community Growth | Binance News on Binance Square

Binance hosted a cybersecurity seminar for Mexican law enforcement, part of its efforts to strengthen global financial crime prevention.

Binance Gives Cybersecurity Seminar to Mexican Law Enforcement

Binance

binance

**TALLINN, Estonia, November 20th, 2024/Chainwire/--**Following its global unveiling on the main stage of Binance’s Blockchain Week  conference in Dubai, AI platform bitGPT is experiencing sizable growth across every vertical of the project, from active partnership conversations to the number of users currently testing its technology. bitGPT’s X and Telegram communities grew in size by more than 1,000% in the days following its presentation at Binance in which hundreds of onlookers watched as its AI platform was launched and tested for the first time in front of a public audience. The demonstration replay surpassed a quarter-million views on Binance’s website within hours of being posted – the most popular replay event of the conference. bitGPT’s live demo and subsequent growth have been covered by several major new outlets, including reporting from Decrypt that predicted bitGPT’s AI platform “will help onboard the next billion Web3 users and kickstart the AI Agent economy.” https://youtu.be/Lm8hI_ZuiI8 https://www.youtube.com/embed/Lm8hI_ZuiI8 Backed by former SingularityNET co-founders and a growing team of AI and Web3 experts, bitGPT bridges the mass acceleration and adoption of generative AI technologies with the entire crypto ecosystem, providing users – both humans and AI agents – with a unified UX to connect and transact across any decentralized network or service using natural language commands. Available in more than 25 languages, its platform overcomes language, literacy, and interface barriers in what appears to be the Web3 industry’s most legitimate effort yet to onboard its first billion Web3 users, all while positioning the platform as a central node for kickstarting the AI Agent economy. Developed in stealth for more than two years, bitGPT’s AI platform has already been tested by a wide audience, with a growing community of dedicated users generating valuable data and insights that have been continually used to refine and expand the capabilities of its model. After advancing from Alpha to Beta earlier this year, bitGPT is preparing for full launch just as interest and attention for AI-enabled Web3 technologies take off. Despite achieving rapid significant adoption, centralized AI model providers present critical challenges, including data privacy risks, restricted accessibility, systemic vulnerabilities, and the emergence of techno-feudalism due to reliance on dominant third-party entities. This centralization compromises user autonomy, undermines digital sovereignty, and fosters a dependency cycle that stifles innovation and equitable access. A growing ecosystem of crypto projects including NEAR Protocol, bittensor, and The Graph have entered the space to introduce Web3’s privacy and security benefits to the ever-growing AI category. Yet usability and adoption challenges continue to limit the industry’s long-term potential. And many of these networks and services still do not connect directly with the end user, meaning users may fail to realize the security and privacy benefits of decentralized options. bitGPT’s breakthrough platform brings to reality the potential for an on-chain economy with its first billion human users, plus billions upon billions of AI Agents. Its platform goes beyond conventional interfaces, offering an intuitive, AI-driven ecosystem for all Web3 activities. By seamlessly integrating cutting-edge technologies with user-centric design, bitGPT provides an unparalleled suite of intelligent tools that simplify and enhance every aspect of blockchain engagement. With bitGPT, users can instantly connect with and transact across any network or service, creating a universally interoperable user experience. Use cases are truly endless, including: Cross-chain Swap Optimization — AI algorithms analyze liquidity across multiple DEXs and chains to find the most efficient swap routes.
Gas Fee Prediction — Machine learning models forecast gas prices, allowing users to optimize transaction timing.
Sentiment Analysis — Real-time analysis of social media, news, and on-chain data to gauge market sentiment.
Trend Prediction — Advanced machine learning models for short and medium-term price trend forecasting.
Alpha Discovery — Identification of potential high-growth opportunities based on on-chain metrics and market data.
Proposal Summarization — AI-generated summaries of complex governance proposals.
Voting Recommendations — Personalized suggestions based on user's previous voting patterns and stated preferences.
Impact Assessment — AI-driven analysis of potential outcomes for different chain governance voting scenarios.
24/7 Market Monitoring — Agents track user-specified metrics and events across multiple chains and platforms. Users can set specific criteria for alerts and research focus.
External Data Integration — Agents can access and analyze data from approved external sources for comprehensive research. In the spirit of Web3 technologies and the wider universe of decentralized networks and services, bitGPT enables the mass transition away from Large Language Models (LLMs) to privacy-preserving Small Language Models (SLMs), ensuring user data protection without compromising functionality. bitGPT allows for on-device AI processing – significantly enhancing security and reducing latency for a seamless user experience – and AI-powered cross-chain operations and market analysis, enabling users to navigate the multi-chain landscape with unprecedented ease. The platform is capable of hosting a virtually unlimited number of AI Agents that can perform any on-chain task automatically and autonomously, adding significant demand for nearly every decentralized project while fueling innovation across the entire crypto universe. After its successful unveiling on the main stage of Binance’s Blockchain Week conference – a demonstration that was followed immediately by Binance founder Changpeng Zhao – the bitGPT team is now focused on organizing its final Beta releases before full launch, including a fully featured mobile app, with a growing list of enterprise and Web3 partners positioned to assist its launch. About bitGPT Backed by a strong team of Web3 and AI industry leaders — including the cofounders of several major crypto projects like SingularityNET — bitGPT represents a revolutionary transformation in blockchain interaction, redefining the user experience through advanced artificial intelligence. Its platform goes beyond conventional interfaces, offering an intuitive, AI-driven ecosystem for all Web3 activities. By seamlessly integrating cutting-edge technology with user-centric design, bitGPT provides an unparalleled suite of intelligent tools that simplify and enhance every aspect of blockchain engagement. The result is an AI-driven platform capable of onboarding the next billion Web3 users as well as kickstarting the AI Agent economy. Learn more — www.BitGPT.network Join the BitGPT community: Telegram Discord X Contact bitGPT info@bitgpt.network This story was distributed as a release by Btcwire under HackerNoon’s Business Blogging Program. Learn more about the program here **TALLINN, Estonia, November 20th, 2024/Chainwire/--**Following its global unveiling on the main stage of Binance’s Blockchain Week  conference in Dubai, AI platform bitGPT is experiencing sizable growth across every vertical of the project, from active partnership conversations to the number of users currently testing its technology. bitGPT’s X and Telegram communities grew in size by more than 1,000% in the days following its presentation at Binance in which hundreds of onlookers watched as its AI platform was launched and tested for the first time in front of a public audience. X X Telegram Telegram The demonstration replay surpassed a quarter-million views on Binance’s website within hours of being posted – the most popular replay event of the conference. replay replay bitGPT’s live demo and subsequent growth have been covered by several major new outlets, including reporting from Decrypt that predicted bitGPT’s AI platform “will help onboard the next billion Web3 users and kickstart the AI Agent economy.” Decrypt Decrypt https://youtu.be/Lm8hI_ZuiI8 https://youtu.be/Lm8hI_ZuiI8 https://youtu.be/Lm8hI_ZuiI8 https://www.youtube.com/embed/Lm8hI_ZuiI8 https://www.youtube.com/embed/Lm8hI_ZuiI8 https://www.youtube.com/embed/Lm8hI_ZuiI8 Backed by former SingularityNET co-founders and a growing team of AI and Web3 experts, bitGPT bridges the mass acceleration and adoption of generative AI technologies with the entire crypto ecosystem, providing users – both humans and AI agents – with a unified UX to connect and transact across any decentralized network or service using natural language commands. SingularityNET SingularityNET Available in more than 25 languages, its platform overcomes language, literacy, and interface barriers in what appears to be the Web3 industry’s most legitimate effort yet to onboard its first billion Web3 users, all while positioning the platform as a central node for kickstarting the AI Agent economy. Developed in stealth for more than two years, bitGPT’s AI platform has already been tested by a wide audience, with a growing community of dedicated users generating valuable data and insights that have been continually used to refine and expand the capabilities of its model. After advancing from Alpha to Beta earlier this year, bitGPT is preparing for full launch just as interest and attention for AI-enabled Web3 technologies take off. Despite achieving rapid significant adoption, centralized AI model providers present critical challenges, including data privacy risks, restricted accessibility, systemic vulnerabilities, and the emergence of techno-feudalism due to reliance on dominant third-party entities. This centralization compromises user autonomy, undermines digital sovereignty, and fosters a dependency cycle that stifles innovation and equitable access. A growing ecosystem of crypto projects including NEAR Protocol, bittensor, and The Graph have entered the space to introduce Web3’s privacy and security benefits to the ever-growing AI category. Yet usability and adoption challenges continue to limit the industry’s long-term potential. And many of these networks and services still do not connect directly with the end user, meaning users may fail to realize the security and privacy benefits of decentralized options. bitGPT’s breakthrough platform brings to reality the potential for an on-chain economy with its first billion human users, plus billions upon billions of AI Agents. Its platform goes beyond conventional interfaces, offering an intuitive, AI-driven ecosystem for all Web3 activities. By seamlessly integrating cutting-edge technologies with user-centric design, bitGPT provides an unparalleled suite of intelligent tools that simplify and enhance every aspect of blockchain engagement. With bitGPT, users can instantly connect with and transact across any network or service, creating a universally interoperable user experience. Use cases are truly endless, including: Cross-chain Swap Optimization — AI algorithms analyze liquidity across multiple DEXs and chains to find the most efficient swap routes. Gas Fee Prediction — Machine learning models forecast gas prices, allowing users to optimize transaction timing. Sentiment Analysis — Real-time analysis of social media, news, and on-chain data to gauge market sentiment. Trend Prediction — Advanced machine learning models for short and medium-term price trend forecasting. Alpha Discovery — Identification of potential high-growth opportunities based on on-chain metrics and market data. Proposal Summarization — AI-generated summaries of complex governance proposals. Voting Recommendations — Personalized suggestions based on user's previous voting patterns and stated preferences. Impact Assessment — AI-driven analysis of potential outcomes for different chain governance voting scenarios. 24/7 Market Monitoring — Agents track user-specified metrics and events across multiple chains and platforms. Users can set specific criteria for alerts and research focus. External Data Integration — Agents can access and analyze data from approved external sources for comprehensive research. Cross-chain Swap Optimization — AI algorithms analyze liquidity across multiple DEXs and chains to find the most efficient swap routes. Gas Fee Prediction — Machine learning models forecast gas prices, allowing users to optimize transaction timing. Sentiment Analysis — Real-time analysis of social media, news, and on-chain data to gauge market sentiment. Trend Prediction — Advanced machine learning models for short and medium-term price trend forecasting. Alpha Discovery — Identification of potential high-growth opportunities based on on-chain metrics and market data. Proposal Summarization — AI-generated summaries of complex governance proposals. Voting Recommendations — Personalized suggestions based on user's previous voting patterns and stated preferences. Impact Assessment — AI-driven analysis of potential outcomes for different chain governance voting scenarios. 24/7 Market Monitoring — Agents track user-specified metrics and events across multiple chains and platforms. Users can set specific criteria for alerts and research focus. External Data Integration — Agents can access and analyze data from approved external sources for comprehensive research. In the spirit of Web3 technologies and the wider universe of decentralized networks and services, bitGPT enables the mass transition away from Large Language Models (LLMs) to privacy-preserving Small Language Models (SLMs), ensuring user data protection without compromising functionality. bitGPT allows for on-device AI processing – significantly enhancing security and reducing latency for a seamless user experience – and AI-powered cross-chain operations and market analysis, enabling users to navigate the multi-chain landscape with unprecedented ease. The platform is capable of hosting a virtually unlimited number of AI Agents that can perform any on-chain task automatically and autonomously, adding significant demand for nearly every decentralized project while fueling innovation across the entire crypto universe. After its successful unveiling on the main stage of Binance’s Blockchain Week conference – a demonstration that was followed immediately by Binance founder Changpeng Zhao – the bitGPT team is now focused on organizing its final Beta releases before full launch, including a fully featured mobile app, with a growing list of enterprise and Web3 partners positioned to assist its launch. About bitGPT Backed by a strong team of Web3 and AI industry leaders — including the cofounders of several major crypto projects like SingularityNET — bitGPT represents a revolutionary transformation in blockchain interaction, redefining the user experience through advanced artificial intelligence. Its platform goes beyond conventional interfaces, offering an intuitive, AI-driven ecosystem for all Web3 activities. bitGPT bitGPT By seamlessly integrating cutting-edge technology with user-centric design, bitGPT provides an unparalleled suite of intelligent tools that simplify and enhance every aspect of blockchain engagement. The result is an AI-driven platform capable of onboarding the next billion Web3 users as well as kickstarting the AI Agent economy. Learn more — www.BitGPT.network www.BitGPT.network www.BitGPT.network Join the BitGPT community: Telegram Telegram Discord Discord X X Contact bitGPT info@bitgpt.network This story was distributed as a release by Btcwire under HackerNoon’s Business Blogging Program. Learn more about the program here This story was distributed as a release by Btcwire under HackerNoon’s Business Blogging Program. Learn more about the program here here here

AI Platform bitGPT Experiences Significant Growth Following Binance Demonstration

AI platforma bitGPT doživljava značajan rast nakon Binance demonstracije

La plataforma de inteligencia artificial bitGPT experimenta un crecimiento significativo tras la demostración de Binance

پلتفرم هوش مصنوعی bitGPT پس از نمایش بایننس، رشد قابل توجهی را تجربه می کند

Platfòm AI bitGPT fè eksperyans yon kwasans enpòtan apre demonstrasyon Binance

AIプラットフォームbitGPT、Binanceのデモンストレーション後に大幅な成長を記録

AI პლატფორმა bitGPT განიცდის მნიშვნელოვან ზრდას Binance-ის დემონსტრირების შემდეგ

AI platforma bitGPT patyrė reikšmingą augimą po „Binance“ demonstravimo

AI платформ bitGPT нь Binance-ийн үзүүлбэрийн дараа мэдэгдэхүйц өсөлттэй байна

د AI پلیټ فارم bitGPT د بائنانس مظاهرې وروسته د پام وړ وده تجربه کوي

AI Platform bitGPT Zvakaitika Kukura Kwakakosha Kutevera Binance Kuratidzira

แพลตฟอร์ม AI bitGPT ประสบการเติบโตอย่างมีนัยสำคัญหลังการสาธิตของ Binance

AI platformasi bitGPT Binance namoyishidan keyin sezilarli o'sishni boshdan kechirmoqda

World of Dypians (WOD) - a unique, groundbreaking MMORPG, has been featured in the latest Binance report, “Navigating Crypto: Industry Map." Binance is renowned for its in-depth reports showcasing some of the industry's most promising projects. Featuring Binance's overview of the crypto ecosystem is a momentous event for WOD, a game that has been building through innovation and creativity to deliver unmatched gaming experiences since day one. Binance’s The Industry Map looks at multiple subcategories of the crypto industry, such as Infrastructure, DeFi, NFTs, Gaming, Consumer Crypto, DePIN, and Real-World Assets. World of Dypians is one of only five projects included in the Gaming section. The report recognizes WOD’s play-to-earn (P2E) status as a massive multiplayer online role-playing game (MMORPG) set in a vast digital realm. Additionally, World of Dypians is among the latest dApps integrated with Binance Web3 Wallet. The Binance Web3 wallet is a keyless, seedless, multi-chain, semi-custody wallet catering to DeFi applications. The announcement came from a Binance Web3 X post nominating WOD among 12 new projects meeting the requirements for the integration The WOD team considers its nomination in Binance’s Industry Map report a worthy recognition of its efforts in building a distinct presence in the gaming sector. This new level of prestige will usher in brand-new utilities and exclusive features for users interacting with World of Dypians through Binance Web3 Wallet. World of Dypians acknowledged the honor of making Binance’s latest report and thanked its growing community on X: We’re proud to be recognized as a key player in the gaming category, offering immersive MMORPG experiences in the Web3 space. Thank you to our incredible community for driving us forward!” Binance is a world-recognized leader in the Web3 landscape, servicing millions of users globally. In recent years, the crypto exchange has taken upon itself a guardian role via the BNB Chain for new and auspicious projects. To this end, Binance guides new crypto, blockchain, IGaming, and Metaverse initiatives to make successful first steps in the industry. Its programs, challenges, and campaigns help many projects attract awareness and investors, thus building solid communities from their early days. This is not the first association between the World of Dypians and Binance. In August, WOD topped the “Train Like a Champion” campaign on the BNB Chain. The game attracted over 23,000 users who participated in the Dypians Global Challenge as part of this event. World of Dypians also participated in BNB Chain's Festive 4YA Celebration campaign, organizing a raffle with a $300,000+ prize pool. WOD recorded more than 390,000 participants in that event. Lastly, WOD won the BNB Chain DAU Incentive Program this year with 249,000+ game downloads, 129M+ on-chain transactions, and $1.2M+ in grants received. About World of Dypians World of Dypians (WOD) is a revolutionary MMORPG incubated by Dypius and available on the prestigious Epic Games Store. The project aims to stand out from the average gaming experience with innovative Web3 elements. Its rapidly growing ecosystem features dedicated advertising spaces for strategic partners, special events, and treasure hunts, engaging over half a million players worldwide. While Binance's latest Industry Map report places World of Dypians in the P2E subcategory, it's worth noting that the game has many more facets than play-to-earn gaming. WOD is developing into an all-encompassing virtual ecosystem, employing the latest AI, blockchain, and Metaverse mechanics advances. It is a proud distinction for World of Dypians to be a recurrent name on Binance’s exclusive list of industry references. The project obtained this privilege by consistently increasing the game’s quality and providing endless opportunities for its users. The WOD team pledges to continue this work and actively integrate more innovations to reward active players everywhere. You can learn more about World of Dypians and stay up-to-date with its development at these links: Website | Twitter | Discord | Telegram | GitHub | YouTube | Download on Epic Games | This story was distributed under HackerNoon’s Business Blogging Program. Learn more about the program here. World of Dypians (WOD) - a unique, groundbreaking MMORPG, has been featured in the latest Binance report, “ Navigating Crypto: Industry Map ." Binance is renowned for its in-depth reports showcasing some of the industry's most promising projects. Featuring Binance's overview of the crypto ecosystem is a momentous event for WOD, a game that has been building through innovation and creativity to deliver unmatched gaming experiences since day one. World of Dypians (WOD) World of Dypians (WOD) Navigating Crypto: Industry Map Navigating Crypto: Industry Map Binance’s The Industry Map looks at multiple subcategories of the crypto industry, such as Infrastructure, DeFi, NFTs, Gaming, Consumer Crypto, DePIN, and Real-World Assets. World of Dypians is one of only five projects included in the Gaming section. The report recognizes WOD’s play-to-earn (P2E) status as a massive multiplayer online role-playing game (MMORPG) set in a vast digital realm. Additionally, World of Dypians is among the latest dApps integrated with Binance Web3 Wallet. The Binance Web3 wallet is a keyless, seedless, multi-chain, semi-custody wallet catering to DeFi applications. The announcement came from a Binance Web3 X post nominating WOD among 12 new projects meeting the requirements for the integration Binance Web3 X post Binance Web3 X post The WOD team considers its nomination in Binance’s Industry Map report a worthy recognition of its efforts in building a distinct presence in the gaming sector. This new level of prestige will usher in brand-new utilities and exclusive features for users interacting with World of Dypians through Binance Web3 Wallet. World of Dypians acknowledged the honor of making Binance’s latest report and thanked its growing community on X : on X on X We’re proud to be recognized as a key player in the gaming category, offering immersive MMORPG experiences in the Web3 space. Thank you to our incredible community for driving us forward!” We’re proud to be recognized as a key player in the gaming category, offering immersive MMORPG experiences in the Web3 space. Thank you to our incredible community for driving us forward!” We’re proud to be recognized as a key player in the gaming category, offering immersive MMORPG experiences in the Web3 space. Thank you to our incredible community for driving us forward!” Binance is a world-recognized leader in the Web3 landscape, servicing millions of users globally. In recent years, the crypto exchange has taken upon itself a guardian role via the BNB Chain for new and auspicious projects. To this end, Binance guides new crypto, blockchain, IGaming, and Metaverse initiatives to make successful first steps in the industry. Its programs, challenges, and campaigns help many projects attract awareness and investors, thus building solid communities from their early days. This is not the first association between the World of Dypians and Binance. In August, WOD topped the “Train Like a Champion” campaign on the BNB Chain. The game attracted over 23,000 users who participated in the Dypians Global Challenge as part of this event. World of Dypians also participated in BNB Chain's Festive 4YA Celebration campaign, organizing a raffle with a $300,000+ prize pool. WOD recorded more than 390,000 participants in that event. Lastly, WOD won the BNB Chain DAU Incentive Program this year with 249,000+ game downloads, 129M+ on-chain transactions, and $1.2M+ in grants received. more than 390,000 participants more than 390,000 participants About World of Dypians World of Dypians (WOD) is a revolutionary MMORPG incubated by Dypius and available on the prestigious Epic Games Store. The project aims to stand out from the average gaming experience with innovative Web3 elements. Its rapidly growing ecosystem features dedicated advertising spaces for strategic partners, special events, and treasure hunts, engaging over half a million players worldwide. Dypius Dypius While Binance's latest Industry Map report places World of Dypians in the P2E subcategory, it's worth noting that the game has many more facets than play-to-earn gaming. WOD is developing into an all-encompassing virtual ecosystem, employing the latest AI, blockchain, and Metaverse mechanics advances. It is a proud distinction for World of Dypians to be a recurrent name on Binance’s exclusive list of industry references. The project obtained this privilege by consistently increasing the game’s quality and providing endless opportunities for its users. The WOD team pledges to continue this work and actively integrate more innovations to reward active players everywhere. You can learn more about World of Dypians and stay up-to-date with its development at these links: Website | Twitter | Discord | Telegram | GitHub | YouTube | Download on Epic Games | Website Website Twitter Twitter Discord Discord Telegram Telegram GitHub GitHub YouTube YouTube Download on Epic Games Download on Epic Games This story was distributed under HackerNoon’s Business Blogging Program. Learn more about the program here. This story was distributed under HackerNoon’s Business Blogging Program. Learn more about the program here . here

World of Dypians Reaches New Prestige Level by Making Binance’s Latest Industry Report

የአለም ዳይፒያን የ Binance የቅርብ ጊዜውን የኢንዱስትሪ ሪፖርት በማድረግ አዲስ የክብር ደረጃ ላይ ደርሷል

عالم الديبيان يصل إلى مستوى جديد من الهيبة من خلال أحدث تقرير صناعي من Binance

World of Dypians ukax Machaq Nivel de Prestigio ukaruw puri, Binance ukan qhipa Industria ukan yatiyawip lurasa

Dypians Dünyası Binance-in Ən Son Sənaye Hesabatını hazırlamaqla Yeni Prestij Səviyyəsinə çatır

World of Dypians når nyt prestigeniveau ved at lave Binances seneste industrirapport

Το World of Dypians φτάνει σε νέο επίπεδο κύρους κάνοντας την τελευταία έκθεση βιομηχανίας της Binance

World of Dypians alcanza un nuevo nivel de prestigio al aparecer en el último informe de la industria de Binance

World of Dypians prestigio-maila berrira iristen da Binance-ren azken industria-txostena eginez

ディピアンズの世界はバイナンスの最新業界レポートに掲載され、新たな名声レベルに到達

Ворлд оф Дипианс достиже нови ниво престижа правећи Бинанцеов најновији извештај о индустрији

World of Dypians เข้าถึงระดับชื่อเสียงใหม่ด้วยการสร้างรายงานอุตสาหกรรมฉบับล่าสุดของ Binance

World of Dypians досягає нового рівня престижу завдяки останньому галузевому звіту Binance

On February 26th, Nigeria’s Department of State Security detained two senior executives of Binance as part of investigations into the crypto exchange’s operations in the country. The two executives had their passports seized and were quickly arrested after being invited to Nigeria to answer questions regarding the company’s operations. The identities of the executives at Binance remain undisclosed at present. However, suggest that the duo comprises citizens of both the United States and the United Kingdom. reports The Central Bank of Nigeria has accused Binance of funneling more than $26 billion worth of untraceable funds out of the African nation. Nigerian officials are reportedly investigating Binance for facilitating terrorism financing, money laundering, and other forms of illicit finance. Nigeria’s inquiry into the crypto exchange has reached a critical juncture, with authorities now insisting on access to all user data and information held by Binance Nigeria. “We are concerned that certain practices go on that indicate illicit flows going through a number of these entities and suspicious flows at best. In the case of Binance, in the last one year alone, $26 billion has passed through Binance Nigeria from sources and users who we cannot adequately identify. We are determined to do everything it takes to ensure that we take charge of our market, or to put it differently, do not allow others to manipulate our markets in a way that ends up distortionary.” - , Governor of the Central Bank of Nigeria Olayemi Cardoso Back in September of 2023, Nigeria’s Securities and Exchange Commission issued a disclaimer against Binance Nigeria Limited, stating that the platform was “neither registered nor regulated by the Commission,” thus deeming its operations illegal. and have reported that the Nigerian Communications Commission has ordered telecommunication companies and internet service providers to block access to Binance, Coinbase, Kraken, and various other crypto platforms. Bloomberg Nigerian news outlets Contrary to the various news reports, Coinbase that Nigerian users still have access to the platform. states Do you think Binance will get kicked out of Nigeria just like they were in the United States? What are your thoughts on this news? Join the conversation below! Check out my Socials: https://linktr.ee/zerorequiem0x Also published . here

Binance Under Fire: Executives Detained in Nigeria Amid Investigations

101 Stories To Learn About Binance

On November 21, 2023, Binance, the world’s largest cryptocurrency exchange, announced that it had reached a $4.3 billion settlement agreement with the U.S. Department of Justice and the Securities and Exchange Commission (SEC). As part of the settlement, Binance founder Changpeng Zhao, also known as CZ, agreed to resign as Binance’s Chief Executive Officer and admitted to violating the U.S. Anti-money laundering (AML) regulations and Securities Act. After this, the 2-year-long litigation dispute has finally come to an end. Looking back at the 14-year history of cryptocurrency, it has faced pressure and challenges from governments and regulatory agencies of various countries. In the past few years, many Web3 projects have been sued, fined, banned, or restricted for allegedly violating securities laws, money laundering laws, tax laws, and other regulations. These cases not only affected the operation and development of projects but also triggered dissatisfaction and protests from the community. This article analyzes the reasons why the industry is subject to regulation, sorts out the policies on cryptocurrency in various localizations, and explores how projects can achieve global growth while avoiding regulatory policy sanctions. cryptocurrency Why are regulators taking cryptocurrencies increasingly seriously? Responsibility The primary responsibility of regulatory authorities is to ensure market order and safeguard public interests. They are required to oversee various industries, including the cryptocurrency industry, to prevent misconduct and safeguard social stability. Protect consumer rights and interests Regulatory authorities need to protect consumer rights and prevent misconduct and fraud. In the cryptocurrency field, they focus on user information security, compliant transactions, and transaction transparency. In March 2021, the US-compliant cryptocurrency exchange giant Coinbase was accused by the U.S. Commodity Futures Trading Commission of improperly reporting trading volumes and self-trading. Prevent crime and maintain social stability The concepts native to the cryptocurrency industry are decentralization and censorship resistance, making it easy to become a breeding ground for crime. Failure to regulate may threaten social stability. One of the tasks of regulatory authorities is to prevent money laundering, illegal transactions, and other illegal activities to ensure the stability of the political and economic system. Referring to the table above, many projects have been accused of illegally issuing securities. The two cases with the highest settlement amounts were all prosecuted for violating anti-money laundering laws. Tax compliance Regulators need to ensure tax compliance in the cryptocurrency industry by taking effective measures to ensure that relevant taxes can be collected on time and in amount and to maintain fiscal order. In addition, regulatory agencies should also clearly regulate the financial compliance requirements of enterprises and individuals in this industry to avoid tax evasion. International cooperation and legal framework The cryptocurrency industry is cross-regional, and transactions and activities often involve multiple countries and regions. To ensure international cooperation, regulation is necessary to harmonize regulations and standards between different jurisdictions and prevent cross-border irregularities and money laundering. Risk transmission and financial stability The cryptocurrency market features 24/7 operation, cross-regional trading activities, huge transaction scale, large price fluctuations, and sensitive market sentiment, which make it highly unstable. Regulation can ensure a certain degree of isolation between the cryptocurrency industry and the traditional financial industry. By regulating the behavior of market participants and setting reasonable trading rules and standards, regulators can help prevent the cryptocurrency risks market from being transmitted to the traditional financial system. Inflation control The transfer of coinage and inflation control rights to algorithms and protocols makes it more difficult for the government to control inflation. Regulatory authorities need to monitor prudently to ensure the stability of the country's economy. An open attitude under tighter regulations Although regulations have become increasingly stringent, there are many reasons why most regulatory agencies have a positive attitude towards this industry rather than directly banning it. First, agencies support innovation and recognize that is expected to solve some of the legacy problems of Web2. Secondly, compared with the traditional financial industry, the Web3 industry is relatively small, and prohibition may hinder innovative development. Therefore, most countries around the world still hold a neutral or open attitude towards Web3, expecting it to bring new vitality to the financial system under compliance supervision. In a previous article, the author summarized the policies for the cryptocurrency industry in some regions: Web3 technology Why pursue compliance: opportunities, challenges, and sustainable development What does compliance mean in the cryptocurrency industry? This is a complex issue because different countries and regions have different regulatory policies and attitudes towards the cryptocurrency industry. Generally speaking, compliance means complying with local laws and regulations, such as securities laws, money laundering laws, tax laws, privacy laws, etc., and accepting review and supervision by relevant regulatory agencies. Compliance also means bearing certain costs and risks, such as applying for a license, paying fines, providing user information, cooperating with investigations, etc. Which projects in the cryptocurrency industry are more likely to be subject to strict regulation? Different businesses in the cryptocurrency industry may face different levels of regulatory risks and challenges. Generally speaking, businesses involving financial services, user identities, cross-border flows, and market behavior, such as are more susceptible to regulatory attention and intervention. According to law enforcement activities in the United States, as shown in the figure above, projects involving assets, especially assets in the real financial system, are more likely to be subject to stringent regulatory issues. Correspondingly, these projects are more likely to spend several times more effort to obtain compliance licenses than other businesses. CEX, DEX, wallets, payment platforms, and RWA-related products, What benefits does compliance bring to projects? On the one hand, compliance can improve the and of projects, increase the confidence and participation of users and investors, and promote the healthy and sustainable development of the entire industry. On the other hand, compliance can also avoid or reduce conflicts and disputes with regulatory agencies, protect the rights and interests of projects and users, and prevent being banned or restricted. In addition, compliance can also and expand more markets and opportunities. credibility legitimacy promote integration and collaboration with the traditional financial industry At present, comprehensive compliance in the cryptocurrency industry faces many difficulties and challenges. Projects also have their obstacles to achieving compliance operations, which is regulatory policies that vary from place to place. What measures can projects take to avoid regulatory risks? Global Growth Strategies among Regulations Adapt measures to local conditions Projects in the cryptocurrency industry need to provide different services and products according to different markets and users or provide specialized platforms and versions for users in certain countries and regions to comply with local regulatory requirements and user needs. For example, BitMEX does not offer USD or related stablecoin trading pairs, such as USDT or USDC, to reduce the risk of being governed by U.S. law. Establish a professional legal team A professional legal team can study and analyze the regulatory environment and requirements of each market, provide consultation and guidance for project compliance, handle possible legal disputes and risks, and maintain good communication and cooperation with local regulatory agencies and law firms. For example, Richard Teng, who recently succeeded CZ as Binance CEO, is an expert with more than 20 years of experience in financial supervision. Ensure the company is structured and operated in a regulatory-friendly region Supervision varies from place to place. Projects can also consider moving their headquarters, servers, and operations to policy-friendly regions. For example, the cryptocurrency trading platform FTX once moved its headquarters from Hong Kong to the Bahamas because the Bahamas has a more friendly and relaxed policy towards cryptocurrency. For the nascent industry of cryptocurrency, most projects have flat organizational structures, simple personnel, and limited team funds. It is difficult to carry out strategies such as adapting to local conditions and recruiting professional legal teams and senior executives. Moreover, even a professional legal team like Binance cannot completely avoid the risks caused by supervision. For start-up teams, complete avoidance is a fantasy and can only minimize the risks of supervision. Avoid explicitly prohibited areas Although most countries around the world have a vague attitude towards the cryptocurrency industry, some regions have explicitly banned the cryptocurrency industry, which is a legal red line that must not be touched. For small projects, instead of launching different services and products to meet regional needs, it is more cost-effective to directly ban IP access in this region. The balance between globalization and localization For projects that have just started without a mature legal team, the operational strategy is often extensive. It is impossible to achieve a refined operational strategy for each region. However, current regulations are becoming increasingly strict, and overly extensive operating strategies can easily lead to trouble. When project personnel and funds are tight, and it is impossible to promote compliance in large-scale areas of the project, it is appropriate to choose operating areas: invest most of the energy and resources in countries with higher acceptance of cryptocurrency. According to The 2023 Geography of Cryptocurrency Report released by Chain Analysis in October this year, the current , etc. top 10 regions with user cryptocurrency acceptance include India, Nigeria, Vietnam, the United States Carrying out refined regional operations and choosing regions with high user acceptance will allow your operational strategy to achieve better results. After the project has stabilized operations and sufficient funds are available, you can then turn to refined operations from extensive operations in other regions. Localized operations When you select an appropriate region and carry out localized operations, you need to consider not only the differences in culture and religion between regions but also the graphics and text of the project. You must also take into account the supervision of the region. For example, when was operating in Pakistan, it added risk warnings to some sensitive promotional materials. Binance For a project with a limited budget, it is safest to avoid some regulatory disputes at the expense of the aesthetics of some posters. When promoting projects, this approach can effectively and effectively avoid some regulatory risks for the project. With global growth, choosing the right region, taking into account regional religious and cultural differences, and taking into account different regional regulatory policies may be too much work for a just-started project. Appropriate use of tools can achieve twice the result with half the effort: Make good use of tools and get twice the result with half the effort The Web2 growth platform can greatly help project growth. The mutually beneficial model helps many projects achieve low-cost user growth. Gleam is the leading project among the many growth tools in the Web2 field. There are similar platforms in Web3, such as Galxe, TaskOn, and Zealy. These Web3 growth tools are also in the industry themselves, and some platforms have also issued their tokens, like Galxe’s GAL. There are a large number of projects publishing growth activities on these platforms every day. These platforms will naturally pay attention to regional compliance issues in the general direction, reducing the problems caused by supervision to a certain extent. In addition to helping projects achieve high ROI user growth, these platforms also add a layer of compliance protection. Some growth platforms have added the function of . When publishing activities, you can choose to restrict IP addresses in a certain region where users cannot or can participate. user-defined restricted regions . It can effectively block some areas that explicitly prohibit cryptocurrency. At the same time, this can also temporarily curb risks in some areas where supervision has increased. Restricting regional IP participation You can publish some activities for the region to achieve more accurate customer acquisition and avoid regulatory risks that may exist in other regions. It also helps avoid misunderstandings due to cultural or religious differences. Only IPs from certain regions are allowed to participate. The cryptocurrency industry will eventually usher in compliance, which is a consensus within the industry. However, the current regulatory policies in various regions are different, which means that projects in the industry continue to move forward in unknown playgrounds. For start-up projects at this stage, it is a time to show their magical powers. The future of their projects not only depends on the regional regulatory policies but also needs to make full use of tools, adapt to the changing trends in the cryptocurrency world, and accumulate users.

Global Crypto Regulation: Lessons from Binance's $4.3 Billion Settlement and Industry Analysis

Recently, the global community was shocked by the news about the Binance card program closure. This October, Binance users from EEA countries got notifications that after the 20th of December, all Binance cards issued in this region will be terminated. crypto However, this news did not come as a surprise to experts. For example, I wrote about the possible closure of the program back in late August. Indeed, even then, we received information that both VISA and Mastercard would likely end their interaction with Binance. It’s clear that payment networks have immediately stopped their cooperation with Binance because of its global legal issues, especially court cases against the SEC and CFTC in the United States. Additionally, a Binance Card program with Mastercard for Latin America and the Middle East was terminated in August. However, there was a chance that in the European Union, Binance/Visa would make an exemption and let to use already-issued cards for existing users. This didn’t happen. In August, Binance hastened to reassure its clients and announced support of direct withdrawal to fiat accounts by Binance Pay for Latin American users. For EU residents, direct fiat withdrawal was unavailable after PaySafe European payment provider was rejected from cooperation with Binance this September. However, on 19th October, the exchange claimed that it had new partners to provide EURO payments, deposits, and withdrawals. That’s why, if you are a Binance user living in EEA countries, you can easily withdraw your funds to your bank account in EUR. Nevertheless, thousands of Binance card users in the European Economic Area are frantically looking for alternatives. Crypto cards: key stats Today, cryptocurrencies and cryptocurrency payments have already become quite popular in Europe. For example, this is evidenced by research, which contains actual data about crypto adoption in payments in the EU. It includes only Eurozone 19 counties: Belgium, Germany, Ireland, Spain, France, Italy, Luxembourg, the Netherlands, Austria, Portugal, Finland, Greece, Slovenia, Cyprus, Malta, Slovakia, Estonia, Latvia and Lithuania. ECB Stats 2022 According to that research, the average percentage of crypto owners in 2022 inside the European Union was about 4%. Countries where crypto assets are most popular include Slovenia (8%), Luxembourg (8%), Germany and France. This research also gives an overview of the most common use cases for crypto-investment purposes and as a payment solution. As you may see on the chart below, currently, crypto is more of an investment than a payment solution. However, 11 EA19 countries presented in the chart have at least 30% of crypto owners who use it for payment for payment purposes only and/or both for payment and investor purposes. We also may conclude that there are 7 countries where at least 10% of crypto users enable it for payments only: Lithuania (24%), France (18%), Lithuania, Luxembourg, Latvia, Slovenia, Spain, and Greece. The average percentage of crypto users in EA19 countries that use it for payment purposes only is almost 10%, and for both, about 20%. There are relatively low levels of crypto payments, according to the chart we have in the Netherlands, Finland, Germany, and Estonia. Crypto card transaction volume for Europe is still unknown. However, there is data about global transaction volume for the last few years. For instance, based on the total value of transactions made using crypto credit cards exceeded $1 billion in 2021. The number of crypto credit cards then was fewer compared to today. In the first quarter of 2022, Visa customers made $2.5 billion in payments in crypto-linked cards. That was 70% of the company's crypto volume for all of fiscal 2021. Probably, it lets us estimate the total value of all VISA crypto card transactions in 2022 as $10 billion. , Invezz Hypothesis: Based on in 2021, VISA and Mastercard reported a Payment Volume (for ALL PAYMENTS) of $10.89 trillion and $5.96 trillion, respectively. Taking this ratio similar to crypto transactions globally, it’s possible to estimate total global crypto card transaction volume in 2022 between $10-20 billion, based on VISA's 2022 numbers. PopularFintech Alternative Crypto Cards So, as we see, there is a broad audience of crypto holders who use it for payment purposes, and there is a growing demand for crypto cards, too. That’s why, for many people, an opportunity to change crypto and withdraw it is not enough. Crypto cards provide easy payments with low fees for the daily needs of crypto users. So, it’s not a surprise that people are looking for substitutes after the closing of the Binance card program in Europe. And there are at least dozens of crypto cards in the world in total. In our study, there are almost 100 of them, and these are only the cards that are publicly available on the net in English. This number doesn’t contain cards and crypto card providers still in development - only complete solutions. Nevertheless, not all of them are available for EEA countries, and at least we can talk about 20 different crypto cards public in the European Economic Area. Large crypto exchanges such as Coinbase, Gemini, Bybit, Bitstamp, Kraken, Nexo, Crypto.com, eToro, and Bitpanda have their crypto cards. Also, crypto card providers such as Xapo, Wirex, Choice (exCrypterium), Plutus, Monolith, and ShakePay. A basic list of existing crypto cards can be found in the Crypto Penetration database in Notion with . According to our research, there are at least 87 crypto cards in the world. Another public survey from the contains only 27 crypto cards there. And we haven't found any other crypto card research or tracker with the list of available crypto cards there. Crypto Cards Overview CryptoWisser portal If you have any feedback regarding the article's topic - please contact me by e-mail at editor@cryptopenetration.com or on . my X account

The Binance Card Program is Done, What Do You Do Now?

SEC v. Binance Court Filing, retrieved on June 5, 2023 is part of . You can jump to any part in this filing . This is part 64 of 69. HackerNoon’s Legal PDF Series here FACTS IX. BINANCE AND BAM TRADING WERE REQUIRED TO BUT DID NOT REGISTER AS AN EXCHANGE, BROKER-DEALER, OR CLEARING AGENCY. TENTH CLAIM FOR RELIEF Violations of Exchange Act Section 17A(b) (Against Binance and BAM Trading Failing to Register as a Clearing Agency for the Binance.US Platform) 541. The Commission realleges and incorporates by reference herein the allegations in Paragraphs 1-35 and 110-513. 542. At all relevant times, by engaging in the acts and conduct described in this Complaint, specifically by operating the Binance.US Platform, Binance and BAM Trading, each, directly or indirectly, made use of the mails and the means and instrumentalities of interstate commerce to perform the functions of a clearing agency with respect to securities, without registering in accordance with Section 17A(b) of the Exchange Act and without being exempted from registration. 543. By reason of the conduct described above, Binance and BAM Trading, directly or indirectly, violated, are violating, and, unless enjoined, will continue to violate Exchange Act Section 17A(b) [15 U.S.C. § 78q-1(b)]. Continue Reading . Here About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings. This court case 1:23-cv-01599 retrieved on September 6, 2023, from is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. docdroid.net

Binance and BAM Trading Charged for Neglecting to Register as Clearing Agency on Binance.US

SEC v. Binance Court Filing, retrieved on June 5, 2023 is part of . You can jump to any part in this filing . This is part 62 of 69. HackerNoon’s Legal PDF Series here FACTS IX. BINANCE AND BAM TRADING WERE REQUIRED TO BUT DID NOT REGISTER AS AN EXCHANGE, BROKER-DEALER, OR CLEARING AGENCY. EIGHTH CLAIM FOR RELIEF Violations of Exchange Act Section 5 (Against Binance and BAM Trading for Failure to Register as an Exchange for the Binance.US Platform) 535. The Commission realleges and incorporates by reference herein the allegations in Paragraphs 1-35 and 110-513. 536. At all relevant times, by engaging in the acts and conduct described in this Complaint, specifically by operating the Binance.US Platform, Binance and BAM Trading met and continue to meet the definition of “exchange” and, directly or indirectly, made use of the mails and the means and instrumentalities of interstate commerce for the purpose of using any facility of an exchange within or subject to the jurisdiction of the United States, to effect transactions in a security, or to report any such transaction, without registering as a national securities exchange under Exchange Act Section 6 [15 U.S.C. § 78f], and without being exempted from such registration. 537. By reason of the conduct described above, Binance and BAM Trading, directly or indirectly, violated, are violating, and, unless enjoined, will continue to violate Exchange Act Section 5 [15 U.S.C. § 78e]. Continue Reading . Here About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings. This court case 1:23-cv-01599 retrieved on September 6, 2023, from is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. docdroid.net

Binance and BAM Trading Caught in Regulatory Crosshairs 

SEC v. Binance Court Filing, retrieved on June 5, 2023 is part of . You can jump to any part in this filing . This is part 60 of 69. HackerNoon’s Legal PDF Series here FACTS IX. BINANCE AND BAM TRADING WERE REQUIRED TO BUT DID NOT REGISTER AS AN EXCHANGE, BROKER-DEALER, OR CLEARING AGENCY. SIXTH CLAIM FOR RELIEF Violations of Exchange Act Section 15(a) (Against Binance for Failing to Register as a Broker-Dealer for the Binance.com Platform) 529. The Commission realleges and incorporates by reference herein the allegations in Paragraphs 1-35, 80-153, 282-338, and 352-513. 530. At all relevant times, by engaging in the acts and conduct described in this Complaint, specifically by operating the Binance.com Platform, Binance, a person other than a natural person under the Exchange Act, was and is a broker and dealer and, directly or indirectly, made use of the mails and the means and instrumentalities of interstate commerce to effect any transactions in, or to induce or attempt to induce the purchase or sale of, any security, without registering as a broker or dealer, and without being exempted from such registration. 531. By reason of the conduct described above, Binance, directly or indirectly, violated, is violating, and, unless enjoined, will continue to violate Exchange Act Section 15(a) [15 U.S.C. § 78o(a)]. Continue Reading . Here About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings. This court case 1:23-cv-01599 retrieved on September 6, 2023, from is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. docdroid.net

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