Binance Restricts Over 200 Nigerian Accounts Amid Money Laundering Requirements - cyptoranking.com

2024-05-04

Popular crypto exchanges(2023 Update) 2024-05-04
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Most likely, this trend will expand and become mainstream as web3 game producers begin to implement TBAs within their virtual experiences, creating new ways to experience sociality in the context of blockchain.Bitcoin’s Impact on NFTs Spotlighted in New Report on Ordinals “The aspect of the ecosystem that needs most help are non-custodial solutions,” said Wouters. He told Decrypt they still have to grapple with hard “but important” problems, although he remains hopeful investors will see his report and support the developer base working on Lightning. Binance Restricts Over 200 Nigerian Accounts Amid Money Laundering RequirementsSHIB Price Prediction: Further Retracement Toward $0.000005 The next day, Wang and Bankman-Friend transferred another tranche of $500 million to wallets supplied by crypto custodian BitGo. These steps ultimately helped the firm save over $1 billion that could have otherwise been lost.

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In the last week of September alone, more than 8,900 ERC-6551 accounts were activated. CleanSpark records its ‘best quarter’ and ‘best fiscal year ever’ Build a Crypto Exchange with OpenDAX AuroraProof of Play, an NFT gaming studio founded by the co-creators of FarmVille, completes a seed funding round with $33 million in investment. This kind of commitment by Buterin most likely goes to show his conviction in the future of the ecosystem that he helped create. In a very direct way, his net worth largely depends on how Ethereum fares in the market over the long run — unless he decides to jump ship in what would likely be seen as a major bearish sign.

This comes on the heels of a $24 million investment plan to bolster operations in the country’s tech hub, Gurgaon. “The Quiet Maid,” an upcoming feature film funded by the sale of NFTs, has secured a global sales deal. CoinSpot: Australian Crypto & Bitcoin Exchange, Crypto TradingAs these mechanisms evolve through time, it will be difficult to pick the best of the lot for a specific project, which is why it is so important for developers to know the strengths and weaknesses of all the mechanisms to make informed decisions. Source: PexelsThe team behind the decentralized social media platform Friend.tech has responded to a series of SIM-swap attacks targeting its users by implementing a crucial security enhancement. In a recent announcement on X (formerly Twitter), Friend.tech unveiled the introduction of a Two-Factor Authentication (2FA) password feature. This move aims to provide additional protection for users whose cell carriers or email services have been compromised.Friend.tech Users Will Have an Option to Setup Additional PasswordWith the new 2FA feature, Friend.tech users will now be prompted to set up an additional password when signing in on new devices. Importantly, neither the Friend.tech team nor the Privy teams will have the capability to reset these passwords, underlining the need for users to exercise caution when using this feature.The decision to bolster security comes in the wake of a string of SIM-swap attacks that have plagued Friend.tech users since September. The attacks have raised concerns and drawn criticism from some quarters regarding the platform's initial response.Slow Mist founder Yu Xian tested the 2FA mechanism and shared his experience on Twitter. Friend.tech Users Face SIM Swap AttacksThe SIM-swap attacks have culminated in the theft of an estimated 109 Ether (ETH), valued at nearly $500,000 in just few days, with one hacker stealing nearly $400k from different Friend.tech users. To mitigate the risk of SIM-swap exploits, Friend.tech had already introduced security updates on October 4, allowing users to add or remove various login methods.Despite some criticism over the timing of the 2FA implementation, many users welcomed the added layer of security. Blockworks founder Jason Yanowitz shed light on the modus operandi of the SIM-swap attacks. Attackers send text messages requesting a number change, with users required to respond with either "YES" or "NO." If the response is "NO," the user is sent a legitimate verification code from Friend.tech and is prompted to send the code to the scammer's number. Failure to respond within two hours results in the requested change proceeding, potentially leading to account compromise.Earlier today, head of Defiant News revealed that he saw his Friend.tech wallet drained in an elaborate phishing scam.Tornado Cash Processed Over $77 Million in Past 30 Days: Arkham

With the recent spate of exchange outflows, many of them could HOLD and force an instant rebound. As on-chain activity plummets, Ethereum’s blockspace is on track to turn a financial loss for the first time since the Merge, according to Blockworks data. How to buy and pay with bitcoin anonymouslyNotably, Morgan’s statement implies that Ripple’s choice to refrain from saturating the market with its held XRP tokens is a purposeful action designed to maintain XRP’s price. Additionally, the attorney believes this strategy is in harmony with the company’s objectives in managing the ongoing legal dispute with the US regulator. While probabilistic algorithms, statistical analysis, and AI can help investigators track funds through mixers, there’s a high deal of manual work involved and switching between chains adds complexity, even when there’s relative transparency.

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