The GENIUS Act was approved after a vote in the U.S. Senate, receiving support from 66 members against 32 opposing votes. According to Odaily, this law represents a qualitative shift in regulating the cryptocurrency market within the United States, and may provide a clearer and more stable legislative framework for investors and institutions. Importance of the law: It provides legal clarity for cryptocurrency projects. It opens the door to accelerate the adoption of digital assets within the financial system. It represents a strong signal of the United States' move towards regulating this sector. Are we witnessing the beginning of a new regulatory era for crypto? Share your thoughts in the comments... 52422581919 #BinanceAlphaAlert #Cryptomaxx $BTC
The Ethereum Security Initiative is a set of planned security enhancements to be implemented on the Ethereum network aimed at increasing its resilience against attacks and ensuring its long-term stability.
🔐 Initiative Goals
Improve the network's resistance to attacks: By reducing the time required to confirm blocks, making it difficult to execute advanced reorganization (reorgs) attacks.
Enhance censorship resistance: By separating block proposers from builders, making it hard for any entity to impose censorship on transactions.
Protect validators: Through techniques such as "Secret Leader Election," making it difficult for attackers to target validators in advance.
🛡️ Key Technologies
Secret Leader Election: Aims to prevent attackers from identifying validators in advance, thus improving network security.
Proposer-Builder Separation (PBS): Prevents the concentration of power in the hands of a few entities.
$NXPC NeXplore Corporation (Ticker: NXPC) is a second-generation (Web 2.0) software development company based in New York, United States, founded in 2007. The company focuses on developing a range of applications and websites aimed at enhancing the user experience in search and digital advertising.
Main Products and Services
NeXplore Search Engine: A search engine featuring a graphical interface that allows users to interact with search results and advertisements, with the ability to refine results using the collective intelligence of social communities.
NeXplore Ads Platform: An advertising platform that enables marketers to create, manage, and modify interactive online advertising campaigns in real-time.
HitLabel.com: A website that offers music competitions and provides promotional tools for musicians to connect with their audience.
##BinancePizza refers to an annual celebration organized by the Binance platform in honor of "Bitcoin Pizza Day," which is observed on May 22 each year.
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What is Bitcoin Pizza Day?
On May 22, 2010, a programmer named Laszlo Hanyecz bought two pizzas for 10,000 bitcoins.
This is considered the first real transaction in which Bitcoin was used to purchase a good in the real world.
This day is celebrated as the launch of using digital currencies in everyday life.
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Binance and #BinancePizza
Binance celebrates this day through events, competitions, and gifts for the community.
Sometimes free pizzas or rewards in digital currencies are distributed.
The goal is to raise awareness of Bitcoin's history and promote the adoption of digital currencies.
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Why is this day important?
It symbolizes the humble beginnings of Bitcoin.
It reminds the community of the value of patience and the rapid evolution of the crypto market.
It has become a global tradition among cryptocurrency enthusiasts.
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Would you like to know how to participate in events this year #BinancePizza ?
Of course, here’s a summary of Crypto Regulation in English:
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What is Crypto Regulation?
It is a set of laws and regulations established by governments and financial authorities to regulate the use, trading, and development of cryptocurrencies like Bitcoin and Ethereum.
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Objectives of Regulation
Protecting investors from fraud and unexpected losses.
Combating money laundering and terrorist financing by implementing "Know Your Customer" (KYC) and "Anti-Money Laundering" (AML) rules.
Market stability and reducing sharp volatility.
Taxing profits generated from trading.
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Examples of Crypto Regulation around the world
United States: Non-unified regulation, between the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and the Internal Revenue Service (IRS).
European Union: Launched a unified legislation called MiCA to regulate the market comprehensively.
Japan: One of the advanced countries in regulation, with clear laws and official licenses.
China: Banned most cryptocurrency activities.
Arab countries: Most are in a stage of study or partial implementation; Saudi Arabia and the UAE have started regulatory experiments.
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Regulatory Challenges
The decentralized nature of currencies: makes them difficult to track or control.
The rapid evolution of technology: regulation does not always keep up with innovations.
The global nature of digital currencies: requires international cooperation for effective implementation.