Blockchain
Aluf Holdings, Inc. Forms New Board, Commits To Pioneering Biometrics And Blockchain Technologies
Aluf Holdings has named a new Board of Directors to guide the company into its next generation of development, articulated a core concentration on biometrics and blockchain technologies, and identified an initial market focus in aviation, health care and government. The company has also completed their preclosing process for finalizing its major acquisition in the Biometric space.
“Biometrics is disruptive, transformative, and revolutionary,” says Ben Zandi, incoming Vice Chairman of Aluf’s new Board of Directors. “When you combine the power and portability of these ultra-identification technologies with zero knowledge storage, encryption, privacy, security and trust available through blockchain, you have a solution that is game-changing. We’re going to be the ones that bring that to market.”
The new Aluf Board features highly-accomplished visionaries who bring with them extensive experience in technology development and growth to guide acquisitions, reshape infrastructure, and propel them into the future.
“Our Board represents the top of the food chain in aviation, private equity, communications, artificial intelligence, biometrics and blockchain technologies,” says Donald Bennett, Chairman of the Board. “We are now in a strong position, backed by deep experience, to leverage our expertise for optimum shareholder value.”
“We are proud and excited to have these accomplished and dedicated individuals as members of our Board of Directors,” says Teresa McWilliams, Interim CEO. “In addition to their contributions to our technology success we can finally begin the launch of other long-term investor relations goals such as up-listing from Pinksheet to NASDAQ or better and completing a Registration Statement.”
In addition to Mr. Bennett and Mr. Zandi, President and CEO of Fraport USA, the Aluf Board includes Teresa McWilliams, Interim President and CEO and Chief Financial Officer of Aluf, and Directors Philip Elias, President, CEO of Elias-Savion Advertising and VELOCITY World Media; Dany Bouchedid, Founder and CEO of COLOTRAQ; Lisa Marks-Canty, CEO, ChainNinja; Andrew Moore, CEO of CogxVision; Sanjay Chopra, co-Founder and CEO of Cognistx; Blaine Frederick, Co-Founder and Principal of BDIS; Benjamin Richter, Founder and CEO of Bradford Airport Logistics and Bradford Swissport Logistics; and Gary Morse, Founder, President and Chief Cybersecurity Consultant for Razorpoint Security Technologies, Inc.
SOURCE Aluf Holdings, Inc.
Blockchain
Alpha Transform Holdings Releases March Report on ASC AI Index
Blockchain
Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins
In a recent communication directed to Treasury Secretary Janet Yellen, US Senator Elizabeth Warren has strongly advocated for the incorporation of robust Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) measures specifically tailored for stablecoins. Senator Warren’s correspondence underscores the critical importance of adopting the full array of AML tools outlined by the Treasury Department in a prior November 2023 communication to Congress.
Senator Warren has underscored the burgeoning threat posed by cryptocurrencies, particularly stablecoins, to national security. She has specifically drawn attention to instances where entities like Iran and Hamas have turned to cryptocurrencies as a means to raise funds and support terrorist activities. To effectively address this evolving threat landscape, Senator Warren asserts that any forthcoming crypto legislation must encompass comprehensive AML/CFT authorities as requested by the Treasury Department.
Moreover, Senator Warren has made reference to the testimony provided by Deputy Secretary Adewale O. ‘Wally’ Adeyemo before the Senate Committee on Banking, Housing, and Urban Affairs. In this testimony, Adeyemo emphasized the critical need for additional AML authorities to combat the growing menace posed by cryptocurrencies. Senator Warren has pointed out that the exclusion of crucial actors within the digital asset ecosystem, such as miners and validators, from AML/CFT requirements could potentially enable nefarious actors to exploit the increased crypto trading facilitated by stablecoin legislation.
Senator Warren’s steadfast stance on the regulation and oversight of cryptocurrencies is aligned with her prior efforts aimed at curbing illicit activities and safeguarding consumers, the financial system, and national security interests. She has persistently advocated for the closure of loopholes in AML regulations that allow sanctioned entities like Iran to derive revenue through crypto transactions. Furthermore, Senator Warren has consistently voiced concerns regarding the exploitation of cryptocurrencies in terrorist financing schemes and has called for the implementation of stronger regulatory frameworks to protect both consumers and national security interests within the realm of stablecoin-related legislation.
Source: blockchain.news
The post Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins appeared first on HIPTHER Alerts.
Blockchain
Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests
Binance has rolled out Binance Megadrop, a novel token launch platform that blends airdrops with Web3 quests. This platform enables users to engage in BNB Locked Products subscriptions and complete tasks within their Web3 Wallet to earn early rewards from chosen Web3 projects, even before their tokens hit the Binance Exchange.
The inaugural project featured on Binance Megadrop is BounceBit (BB), a BTC restaking chain. Here are the token specifics for BounceBit: Max Token Supply: 2,100,000,000 BB, Megadrop Token Rewards: 168,000,000 BB (8% of max token supply), Initial Circulating Supply: 409,500,000 BB (19.5% of max token supply).
To kickstart their journey with Binance Megadrop, users must log into their Binance account and ensure they possess an active Binance Web3 Wallet. From there, they can subscribe to BNB Locked Products and/or fulfill Web3 Quests to accumulate scores. These scores dictate the rewards received through the Megadrop program.
The scoring mechanism for Megadrop relies on the Locked BNB Score, determined by the quantity of BNB subscribed and the subscription period’s duration. Users also earn a Web3 Quest Bonus and a Web3 Quest Multiplier upon completion of designated Web3 Quests. The total score is computed by applying the Web3 Quest Multiplier to the Locked BNB Score and adding the Web3 Quest Bonus.
Importantly, only wallets created within the Binance Web3 Wallet and not external wallets will count towards Megadrop participation. Megadrop rewards will be airdropped to users’ Binance Spot Wallets.
Users must undergo identity verification and maintain at least one active Binance Web3 Wallet to qualify for Megadrop rewards. Additionally, certain jurisdiction-based eligibility criteria apply. Users from Australia, Canada, Cuba, Crimea Region, Hong Kong, Iran, Japan, New Zealand, Netherlands, North Korea, Russia, Singapore, Syria, United Kingdom, United States of America, and its territories are presently ineligible to participate in BB Megadrop.
Binance Megadrop is aimed at offering users an interactive and rewarding experience within the crypto realm. Further details regarding the Megadrop amount, Web3 Quests, and the comprehensive listing plan will be disclosed separately.
Source: blockchain.news
The post Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests appeared first on HIPTHER Alerts.
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