warning!

Dubai’s Virtual Assets Regulatory Authority (VARA) has issued a stern warning: several companies are falsely claiming to be part of a prestigious pilot program for real estate tokenization. According to the authority, this deceptive behavior violates Dubai’s laws on virtual assets and poses a threat to trust in the initiative.

🏗️ What’s Going On?
On March 19, Dubai, in collaboration with the Dubai Land Department (DLD), launched a limited pilot project aimed at transforming the real estate market through blockchain-based tokenization of physical assets.
However, not all firms that claim to be involved are actually authorized participants. VARA has made it clear that only entities formally approved by both DLD and VARA are allowed to participate in this initiative.

🧯 Warning Against Misleading Promotions
“Any company presenting itself as part of the pilot without our explicit approval is misleading the public and breaching the law,” the regulator stated. While no specific names were mentioned, the message is clear: Dubai is serious about transparency and compliance in its virtual asset ecosystem.

💰 Tokenized Real Estate – A Market of the Future?
This pilot project could reshape the region’s real estate landscape. Projections suggest that by 2033, tokenized real estate transactions could represent up to 7% of the market, totaling over 60 billion AED (around $16 billion USD).
The goal is to position Dubai as a global hub for technological and digital asset innovation, and tokenizing real-world properties is a central pillar of that vision.

🧠 The Bigger Picture: Token2049 and Fraud Concerns
The warning comes just days before the Token2049 conference, a major event for the crypto industry in Dubai. However, earlier this March, prominent crypto investigator ZachXBT warned that such events often attract scammy projects and questionable actors.
With this move, Dubai is sending a clear message: those who want to be part of the digital future must play by the rules.

#Dubai. , #VARA , #warning! , #CryptoRegulation , #DigitalAssets

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

The head of the world’s largest crypto exchange, Richard Teng from Binance, has sounded the alarm to the crypto community. On platform X (formerly Twitter), he issued a strong warning about a new wave of scams spreading via SMS spoofing – fake messages that look strikingly official.

🔍 What is SMS Spoofing?
Scammers are now sending fake text messages that appear in the same thread as legitimate ones from Binance or other known platforms. Using vulnerabilities in telecom networks – particularly through VoIP protocols – they manipulate the sender ID.
This makes the fake message appear authentic, and scammers use it to trick unsuspecting users into revealing sensitive data like login credentials, 2FA codes, or even seed phrases.

🧠 How to Protect Yourself?
🔹 Never share sensitive information via SMS – legitimate companies will never request it this way.

🔹 Verify the source of any message, especially if it urges you to act quickly or claims your account is compromised.

🔹 If in doubt, contact support via the official app or website.

🔄 Scammers Are Evolving
Teng emphasized that while these scams aren’t new, they’re becoming more frequent and sophisticated. With the rise of AI tools, deepfake videos and impersonation scams are on the rise – including fake livestreams featuring CEOs of crypto firms like Ripple Labs on YouTube and X.

What If It’s Too Late?
If you fall victim to a scam, platforms like Binance and Coinbase have special teams and blockchain tracking tools that help recover stolen funds – in cooperation with law enforcement. But as always, prevention is the best defense.
#Binance , #RichardTeng , #CryptoScamAlert , #warning! , #CryptoSecurity

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Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Washington declares economic war on Beijing with an unprecedented move! A monstrous 245% tariff on Chinese imports ignites relations between the superpowers. Retaliation on the way? 🇺🇸💥🇨🇳
The White House has upped the ante in the already tense trade game with China, announcing a staggering 245% tariff on a range of key imports from the Asian giant. This move, described by many analysts as one of the most aggressive and destabilizing in the history of bilateral economic relations, marks a turning point in the American strategy aimed at 'protecting domestic industries' and countering what are referred to as 'unfair trade practices' from Beijing.

Binance has issued a warning that has sparked discussions in the crypto market by adding a Monitoring Tag to 11 tokens, signaling potential future delisting. Affected tokens include Balancer (BAL), Cortex (CTXC), and Convex Finance (CVX). Meanwhile, Enzyme (MLN) and Horizon (ZEN) are removed from the risk list.
Tokens tagged as high-risk will be closely monitored for volatility and compliance with Binance’s standards, including development activity, trading volume, and network stability. This move highlights the potential for increased price volatility among the flagged tokens.
$BTC $ETH $SOL
#BinanceNews #Binance #warning!