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WeWay Ambassador Ellen Sheidlin Wins Award in Cannes

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WeWay , the unique entertainment ecosystem powered by NFTs and blockchain technology, is delighted to announce that WeWay Brand Ambassador Ellen Sheidlin  received “Best NFT Artist” award at the WIBA ceremony in Cannes.

This ceremony is a part of the fourth edition of the World Influencers and Bloggers Awards (WIBA) 2022. It took place on 18th May during the Cannes Film Festival at the famous Hotel Martinez.

At WIBA 2022, Ellen Sheidlin won an award in the nomination “Best NFT Artist”. As a well-known fashion model and artist, Ellen works with both physical and digital art directions, using the unique style of survirtualism. Her artwork is in high demand in exhibitions in London, Florence, Palermo and also in Japan.

Following her outstanding achievements and the fact that she was among the first artists to join the non-fungible token market, the WeWay team decided to form a partnership with Ellen. As the project’s official Brand Ambassador, she promotes WeWay’s NFT-powered ecosystem as well as educates and raises the awareness of her audience about digital collectibles and the metaverse.

“I am really happy that this year I was honored to become the winner in the nomination ‘Best NFT Artist’. This is especially important for me because, for many years, I have been creating works in which I try to convey my vision of the world and show life from a new angle. Recently, I discovered the field of NFTs, which fascinated me with its capabilities. And WeWay helped me to delve into the sphere of NFTs and metaverses, showed me what advantages these sectors can give with influencers,” said Ellen Sheidlin.

“We are glad that such outstanding representatives of creative professions as Ellen realize the importance of new technologies and try to bring them into their work. In turn, we are always happy to help them master these technologies and explain the value of the products produced by celebrities to their audience in the metaverse. Ellen is an excellent example of how a creative person working in the field of art familiar to us can reach a new level of creativity using the metaverse and NFTs,” Fuad Fatullaev, WeWay’s Founder and CEO, stated.

Blockchain

Alpha Transform Holdings Releases March Report on ASC AI Index

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Blockchain

Elizabeth Warren Urges Treasury Secretary Yellen to Implement Strong AML/CFT Measures for Stablecoins

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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.

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Blockchain

Binance Launches Megadrop: A Token Launch Platform with Airdrops and Web3 Quests

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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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