Are non-KYC exchanges riskier? Understanding legal implications
Non-KYC crypto exchanges expose users to significant legal risks, including liability for money laundering, asset seizure and tax compliance issues.
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Bons noted that even with 50% OFAC compliance among Ethereum validators, blocks will still be produced within 30 seconds. 343 Total views 7 Total shares Ethereum bulls have hit back against claims the network has become prone to censorship post-Merge, with one arguing that “not even a single” transaction has been censored on the network. In…
The Lindy effect and how it presents itself in Web3
If you ask people if they think that companies that have been around for many decades (even more than a hundred years) versus a startup would have a better chance of making it through hard economic times like a recession, most people would say the older company has the edge. Likewise in the crypto sphere
BTC price warning: Binance 'wants blood' amid sub-$60K Bitcoin target
BTC price weakness is number one of the radar for Bitcoin traders once again after bulls fail to overcome $65,000.
Human Rights Foundation: Stablecoin Privacy Is ‘Extremely Lackluster’
The non-profit Human Rights Foundation (HRF) has analyzed the censorship and privacy landscape of stablecoins in a report published on Nov. 20.For privacy coins that are not stablecoins, the largest single-week losses so far this year have ranged between 24% and 34%, the HRF notes; a fact that bolsters the attractiveness of stable-value crypto assets,…
Immunefi partners with Binance Smart Chain on bug bounties to secure BSC projects
Binance is set to match bug bounties paid by Immunefi to white hat hackers that discover vulnerabilities in Binance Smart Chain projects. 158 Total views 5 Total shares Immunefi, a security service outfit that specialized in decentralized finance (DeFi) projects, has inked a collaboration with crypto exchange giant Binance.According to a release issued on Friday,…
Crypto Markets Keep Trading Sideways, With Slight Gains Among the Top 20 Coins
Nov. 2: Cryptocurrency markets have continued trading slightly in the green today, remaining relatively quiet with moderate gains throughout the top 20 coins. Most of the top 100 digital currencies have experienced humble gains over the past 24 hours.Market visualization from Coin360The leading cryptocurrency Bitcoin (BTC) is up only 0.06 percent on the day, and…
African traders least likely to fall for crypto scams: Chainalysis
The region's traders are highly aware of scams and avoid them. Blockchain forensics firm Chainalysis has found that crypto traders in Africa are less likely to have sent tokens to, or received tokens from, known scam addresses than traders in other regions in the past year.In the Chainalysis “2020 Geography of Cryptocurrency Report”, the firm…
Polygon launches ‘Supernet’ chains, pledges $100M to Web3 developers
The layer-2 scaling solution continues its focus shift to Web3, a broad concept that refers to the blockchain-powered internet. 631 Total views 5 Total shares Ethereum scaling solution Polygon has launched a new network for Web3 development, pledging $100 million to early users who can help fast-track adoption. The Polygon Supernet chain gives developers the ability…