Blockchain
XT.COM Launched FIFA World Cup Campaign
To celebrate the 22nd FIFA World Cup, the most watched international sporting event in the world, XT.COM is hosting a series of World-Cup-themed online and offline events with plenty of fabulous prizes. The festivities include co-marketing events, Spot and Futures events, NFT events, trading competitions, and more.
Warming up to share Fabulous Prize Pool
To kick off the festivities, XT.COM is hosting Warm up events to get into the football spirit such as “Shoot the Ball” and “Spin to Win” from the 9th of November to the 19th of November, 2022. The “Shoot the Ball” event will give participants who open a Futures account an opportunity to win a share of the 600,000 USDT Prize pool. That’s 60,000 USDT every day for 10 days prior to the start of the XT.COM FIFA campaign main events. The more tasks completed by the participant, the greater his or her chance to win prizes.
As the name suggests, the “Spin to Win” warm up event will give participants the opportunity to win prizes by spinning a prize wheel and by completing the tasks. There will be prizes of up to 1 ETH for those who hit the jackpot, as well as other cryptocurrencies.
Trading Competitions, events, lucky draw, discount subscription, and more!
Once the warm-up events have completed, XT.COM will host a variety of Spot, Futures, and other main trading competitions and events from November 16th to December 19th, 2022. The prize pool & rewards are worth millions of USD.
Participants will have the chance to participate in various events such as the “Lucky Draw”, Staking events, P2P transactions with 0 fees, Black Friday discounts (like 20% off XT tokens), Spot trading competitions and more. There will also be opportunities to win a share of $50,000 in prizes and even an iPhone 14 through the “Predict the Champion” competition. The special events will be supported by RED, REDLC, LOOP, Skyland, KENT, STRM, FND, AD, Bitpush, BitTab, Btcgram, CoinCu, CryptoRank, DailyCoin, EFUN, TaskOn, Today NFT News, SWFT Blockchain and many other projects and partners. There will also be opportunities for participants to purchase BTC and ETH for 40% and 30% respectively off their market value (limited to $10,000).
Moreover, there will be an NFT Lucky Draw for participants who invite their friends to the platform via an invitation code and chances to win XT mystery boxes with premium NFTs. Newcomers who buy NFTs on the XT NFT platform will have a chance to be randomly selected (51 lucky users) for an array of NFT and Token prizes. New users will also get 100 World Cup activity points when purchasing NFTs on the XT platform for the first time.
In addition to the array of online events, you can attend offline events in Dubai, Turkey, Nigeria, and Singapore from November to December. There will be plenty of sponsors attending these events which will include games to play, game screening, and a possibility of some local football team members in attendance.
For more specific detail regarding the XT.COM FIFA World Cup events, please refer to the activity page or follow the hashtag #XTWorldCup22 on Instagram, Twitter, and other social media networks. Come and join in the XT.COM FIFA World Cup celebrations. With plenty of events and chances to win prizes, there is no reason not to join.
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.
Blockchain
Quantum eMotion Files a Patent for Quantum-based Blockchain Wallet Under the Patent Cooperation Treaty (PCT)
Quantum eMotion Corp. (TSXV: QNC) (OTCQB: QNCCF) (“QeM” or the “Company”) is pleased to announce the submission of a PCT patent application for an innovative approach to operating Blockchain Wallet, harnessing the unmatched security provided by the QeM Quantum Random Number Generator (QRNG2).
Hardware wallets stand as robust physical fortresses, safeguarding the private keys essential for accessing and managing cryptocurrencies such as Bitcoin or Ethereum. By storing private keys offline, these devices fortify themselves against cyber threats and hacking attempts, presenting a notable advantage over internet-connected software wallets.
Cryptocurrency wallets, including blockchain wallets, heavily rely on large series of numbers known as keys. Various schemes exist for generating these keys, such as ND and HD, each with its own advantages and drawbacks. However, when providing a blockchain wallet to an unfamiliar user, adapting the key generation scheme to the user’s specific usage type becomes challenging, often resulting in mismatches between the key generation schemes and the users. Quantum eMotion’s technology addresses these challenges by offering a wallet that intelligently selects the key generation scheme based on a comparison of cost values of different key generation schemes. Furthermore, by leveraging Quantum eMotion’s QRNG technologies, a blockchain wallet that combines the benefits of true random number generation with intelligent key generation scheme selection can now be made accessible to consumers, offering an unprecedented level of functionality.
Quantum eMotion’s technology, developed in collaboration with Dr. Kaiwen Zhang at ETS (École de technologie supérieure, Montreal, Canada), is now patent pending globally. Specifically, the patent application has been submitted under the Patent Cooperation Treaty, with March 30, 2023, as the priority date. The Patent Cooperation Treaty serves as an international agreement enabling the reservation of international patent protection in over 150 member states for 30 months from the priority date. Consequently, Quantum eMotion’s international patent application for this technology will remain pending until September 30, 2025, following which the application process will continue nationally in selected countries and regions.
Francis Bellido, CEO of Quantum eMotion, commented, “The recent resurgence of interest in cryptocurrencies motivates us to deploy our patented technology, grounded in quantum electron tunneling, across blockchain applications. However, as cryptocurrencies regain popularity, ensuring their security remains of utmost importance.”
Source: finance.yahoo.com
The post Quantum eMotion Files a Patent for Quantum-based Blockchain Wallet Under the Patent Cooperation Treaty (PCT) appeared first on HIPTHER Alerts.
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