opbnb

Pi News Media disclosed that there has been a 30% increase in the number of successful KYC applications.SummaryWhile ecosystem growth appears robust, mass KYC remains a challenge.Pi News Media recently reported a 30% increase in successful KYC applications, signalling a positive move towards the mainnet launch.The Pi core team still needs to disclose detailed statistics about KYC participation, with for more transparent data.The network is still in its testnet stage and reportedly under investigation by Vietnamese authorities. Users are advised to exercise caution and conduct sufficient research before engaging with the project.In the journey towards launching its open mainnet, Pi Network has identified two pillars: Mass KYC (Know Your Customer) and Ecosystem Development. While the ecosystem has seen incredible growth with the number of testnet Decentralized Applications (dApp)  and numerous hackathons, mass KYC still poses a significant challenge, according to the core team's recent disclosures. But there's been a significant update on KYC applications. Pi News Media, one of the leading media platforms for Pi Network updates on X, previously known as Twitter, recently reported a positive update in KYC applications.According to the platform, there has been a 30% increase in successful KYC applications. This is a significant leap and a positive sign for the Pi Network's broader goals. A larger number of verified users means the network could be closer to meeting the prerequisites for launching its open mainnet. However, the Pi core team still needs to release detailed statistics about KYC participation. While a 30% increase in successful applications is noteworthy, more transparent data is needed to gauge the network's readiness for mainnet launch fully. Meanwhile, Pi News Media disclosed that the metric represents Pioneers that can be detected, acknowledging that the Pi Core Team has been working to ensure mass KYC in some regions. The Importance of KYC in Pi NetworkKYC is a verification process commonly used in financial transactions and services to prevent fraud and ensure the safety of both parties. In the case of Pi Network, mass KYC is reportedly essential for launching its open mainnet, a public blockchain that will be accessible to everyone.Looking AheadWhile KYC remains crucial for Pi Network's open mainnet launch, the recent 30% increase in successful KYC applications provides hope. As the ecosystem continues to grow with testnet dApps and hackathons, all eyes will be on how quickly Pi Network can clear the KYC hurdle and progress toward its mainnet launch.What is Pi Network? Pi Network is a mobile mining blockchain with an application that lets people earn Pi coins by doing simple tasks on their phones. However, the project remains in its development stage, with the delivery of an open mainnet still a matter of speculation, with no launch date confirmed. With this in mind, the protocol remains in its testnet stage. It will apparently go live when many users (Pioneers) complete the mandatory KYC procedure while the core team works on developing its ecosystem.Pi Network is also reported to be under investigation by authorities in Vietnam, and users should exercise a high degree of caution when interacting with the project and ensure they have conducted sufficient research before doing so.#opbnb #ETH #Layer2 #BTC #crypto2023 $BTC $ETH $BNB

According to Lookonchain monitoring, a BOME pre-sale participant sold all of his BOME, worth $6.58 million. The participant invested 102 SOL during the pre-sale stage. #opbnb

After a two-week gap, the MakerDAO multi-signature address transferred 500 MKR to address 0x1cC...A5825 five hours ago, which was then deposited into Binance, worth $1.4 million. It is reported that this address has transferred a total of 13,650 MKR, approximately $38.46 million, to exchanges over the past three months, with an average deposit price of $BTC #opbnb

Senator Cynthia Lummis said: "If it's not your private key, it's not your token. I will work to protect every American's right to keep their own private keys."
#opbnb

According to the official announcement, the RIFT Foundation announced the completion of US$3 million in strategic financing to support the ChronoForge ecosystem. This round of financing was participated by well-known web3 and game content creators such as Alex Becker, FaZe Banks, and ElliotTrades. Some funds and communities also participated, including Citizen Capital, SwissBorg, XBorg, MH Ventures, etc. It is reported that ChronoForge is a multiplayer action role-playing game based on Immutable and Raid.
#opbnb

BitFuFu, a mining company listed on the US stock market, announced that it has signed a two-year framework agreement with Bitmain to purchase 80,000 S-series miners (including but not limited to S21 XP and S21 Pro) to support its self-operated mining business and cloud mining services.
#opbnb

According to official news, Telegram has added paid emoji responses to posts. Users can now respond to posts with star emojis to send Telegram Stars to their favorite channels and content creators.
Channel owners receive 100% of Telegram Stars and can convert them into Toncoin cryptocurrency rewards or subsidies.
If the channel owner wants to enable star reactions on posts, he needs to enable it in "Channel Settings" > "Emoji Reactions" > "Enable Paid Reactions". #opbnb

#Binance Chain has just unleashed the highly anticipated Greenfield mainnet, a game-changing development in decentralized data storage. This innovative network has been in the works for over a year, and it's ready to reshape the way we handle data.

🚀 Decentralization Meets Programmability
Greenfield is not your typical storage network. It's designed to cater to data-intensive decentralized applications within the #BNB ecosystem. What sets it apart is its focus on programmability. Here's what you need to know:
🔗 Greenfield is all about breaking down barriers. It offers cross-chain programmability, allowing for seamless interaction with smart contracts on the BNB Smart Chain.💨 Speed is of the essence, and Greenfield delivers. It boasts fast bandwidth speeds, ensuring that your data flows without a hitch.🔒Your data is your treasure, and Greenfield treats it that way. It provides robust data access permissions, putting you in the driver's seat.💰 But that's not all! Greenfield's versatility extends to creating a data marketplace. You can list, trade, or sell your data, opening up a world of possibilities.
📈 Impressive Testing Phase
Before going live, Greenfield underwent rigorous testing, handling over 200,000 on-chain transactions involving 150,000 unique wallet addresses. This is a testament to its readiness.
Arnaud Bauer, BNB Chain's senior solution architect, emphasizes the significance of this launch. "BNB Greenfield is a transformative development in web3 data ownership and data economy," he said. It offers a decentralized alternative to traditional cloud services, giving users control over their data and mitigating risks.
Greenfield is just one piece of the puzzle within the BNB ecosystem. It joins the ranks of BNB Beacon Chain, BNB Smart Chain, #opbnb , and zkBNB, all working together to create a dynamic blockchain environment.
In conclusion, BNB Chain's Greenfield mainnet is an amazing addition to the world of decentralized data storage. With its focus on programmability, speed, and data control, it's focused on empowering users and reshape the data economy.
Show me some love! Hit that "like" button, drop a comment, and don't forget to share it
$BNB

IntoTheBlock stated in an article on X that the US government recently seized $600 million worth of Bitcoin from the dark web Silk Road and transferred it to Coinbase Prime. Although depositing to an exchange usually means selling, this transfer may be for custody purposes. Wallets associated with the US government still hold nearly $1.2 billion worth of Bitcoin.
#opbnb

If you have a#Binanceweb3walletaccount, this project is not to be missed!

⏰Event time: July 16, 2024 06:00:00 UTC — July 30, 2024 23:59:59 UTC

Before using opbnb's gas fee
REVOX4
Also use opbnb. If you have done Binance web3 wallet tasks before, then you must have

and

, then skip this step, today's task requires usdt, see below:


1. Log in to the Binance App and click [Funds] - [Web3]. Click [Transfer] to transfer funds from your Binance spot/funds account to your Binance MPC Web3 wallet.

[Final Sprint Stage] KiloEx is #opbnb ’s first public airdrop, and coins may be issued soon.
KiloEx is one of the 4 projects invested by #BinanceLabs in the sixth quarter, 2 of which have been listed on Binance, which can be said to have unlimited potential. The project is not very complicated, basically up to Da Mao’s standards, and everyone has a chance.
Let’s take a look at the last step, how to maximize benefits, [Wealth Password, recommended collection], the tutorial is as follows 👇

1. Project Introduction

#KiloEx is one of the projects invested in the sixth season of Binance Labs MVB. It is a perpetual contract DEX on the BNB system.

Islamic Coin has launched its Reg D Token Offering to the Public with OpenDeal Broker.

it's a unique opportunity to support a project with a strong ethical foundation and a clear vision for the financial future. By combining blockchain technology with sustainable principles and Sharia compliance, Islamic Coin aims to create lasting impact and value for both the crypto and Muslim communities. Don't miss the opportunity to be part of this exciting journey towards a more ethical world. Be more stable

Islamic Coin

(ISLM) token is a digital money that adheres to Shariah principles and emphasizes ethical values. This synergy encompasses support from Republic to showcase Islamic Coin’s market entry strategy.

The collaboration also engages Republic Crypto – Republic’s crypto advisory services by customizing tokenomics, DAO governance, and sustained economic utility value for the Islamic community. Furthermore, the engagement between Republic Crypto and Islamic Coin is supported by establishing relationships with potential strategic partners, exchanges, and market participants.

Following this public launch, members of the international Islamic Coin community will enjoy various benefits, including opportunities for providing liquidity, staking their holdings, and earning tokens during the liquidity mining phase.

Recently, the team has raised $193M in private sales. In addition to these partnerships, Islamic Coin has forged an exclusive integration with DDCAP Group including their network of over 300 Islamic banks.

#opbnb #Layer2 #crypto2023 #Binance #BTC

Uniswap: Leading the Charge in the World of Decentralized ExchangesThe decentralized exchange (DEX) Uniswap has recently achieved a significant milestone, recording an astounding all-time high trading volume of over $100 billion in October. This achievement signifies a remarkable trend that extends beyond just growth – it's about Uniswap surpassing established centralized exchanges such as Coinbase.Uniswap's Dominance in the DEX SectorIn October, Uniswap reached an all-time high with trading volumes exceeding $100 billion. But this isn't just a one-time wonder; it's part of a larger movement highlighting the increasing preference for decentralized exchanges over their centralized counterparts.In the second quarter of 2023, Uniswap dominated the DEX landscape, accounting for a remarkable 66.1% of the total spot trading volume among DEXs. This impressive presence underscores Uniswap's central role in elevating the DEX market, which recorded a cumulative trading volume of $189 billion in the same quarter.Uniswap vs. Coinbase: A Changing LandscapeComparing Uniswap's performance to Coinbase throughout 2023 illustrates a dynamic shift. In Q2 of 2023, Uniswap facilitated approximately $110 billion in trades, outpacing Coinbase, which trailed at nearly $90 billion. The previous quarter showed a similar trend, with Uniswap leading at $155 billion against Coinbase's $145 billion.Innovation and Community EngagementUniswap's success goes beyond trading volumes. The platform is continually enhancing its features. The upcoming Uniswap v4 will introduce "hooks," allowing for greater customization in liquidity pools. Moreover, Uniswap is streamlining its pools within a single contract to optimize gas usage.Additionally, Uniswap is expanding its reach by launching a closed beta Android version of its wallet, with open-source code expected soon. However, not everything has been smooth sailing. Uniswap recently adjusted its swap fees to 0.15%, sparking mixed reactions in the community and contributing to the recent price drop of the UNI token.Rising Adoption and Volume in DEXsUniswap's achievements are part of a broader trend in the world of DEXs. Several factors are driving this surge, from increased regulatory scrutiny to improved user experiences and greater control over personal funds.The user experience on DEXs has notably improved, especially when it comes to swapping assets. With the maturation of cross-chain technology, decentralized platforms are becoming more secure, transparent, and user-friendly. Transactions can occur without the involvement of a centralized entity, aligning perfectly with the ethos of decentralization.Furthermore, tightening regulations for centralized exchanges (CEXs) have been evident in recent actions by regulatory bodies like the SEC against platforms such as Binance and Coinbase. In response to these developments, trading volumes on DEXs have surged. Users are increasingly gravitating towards decentralized trading platforms, which are generally perceived as less susceptible to regulatory actions.Innovation and ControlInnovation plays a pivotal role in the growing adoption of DEXs. These platforms focus on offering better pricing and lower gas fees, among other user-centric features. By addressing issues related to liquidity, user experience, and market fragmentation, DEXs are becoming increasingly appealing to traders and investors.One of the most significant advantages DEXs hold over CEXs is the control they give users over their own funds. Decentralization is a fundamental principle of blockchain technology, and DEXs embody this fully. Users can manage their assets without needing to trust them to a third party, in stark contrast to the custodial nature of centralized platforms.In ConclusionThe surge in trading volumes and the growing adoption of decentralized exchanges like Uniswap are the result of a combination of factors. While centralized exchanges are far from becoming obsolete, the current trends paint a picture of a dynamic and evolving cryptocurrency trading landscape where the role of DEXs is increasingly significant. As Uniswap's performance demonstrates, the future of trading might be decentralized.#crypto2023 #uniswap #ETH #cryptocurrency #opbnb