ZK/USDT Technical Analysis The price is currently trading near around $0.1760), showing signs of potential support. However, with a recent rejection at $0.1972 a bearish trend might persist if the support breaks. š Key levels to watch:
Resistance: $0.1972 , $0.2272 Support: $0.1760 , $0.1536 Major Demand Zone: $0.1308ā$0.1221 š Downside Risk: If the price closes below $0.1760, the next target could be $0.1536 or lower. š Upside Potential: A strong move above $0.1972 may indicate bullish momentum towards $0.2272.
ā ļø WARNING: BEWARE OF BINANCE P2P SCAMS ā PROTECT YOUR MONEY! ā ļø
Trading on Binance P2P is super convenient, but it can attract scammers. Here's how they trick people and how you can stay safe.
šØ Common Scams on Binance P2P 1ļøā£ Fake Payment Proofs: Scammers send fake payment receipts to make you release crypto before verifying real payments. 2ļøā£ Impersonation: They pretend to be trusted traders or Binance support to trick you. 3ļøā£ Chargebacks: Payments get reversed (like credit card disputes), leaving you without money or crypto. 4ļøā£ Phishing Links: Fake emails or websites steal your login details. 5ļøā£ Unrealistic Offers: Deals that sound too good are often traps to manipulate you.
š”ļø How to Protect Yourself ā Double-Check Payments: Always confirm payments directly through your bank or Binanceādonāt trust screenshots. ā Turn on Security Features: Enable 2FA and anti-phishing codes to add extra protection. ā Stick to Binance: Only trade on the Binance platformānever use unverified apps or websites. ā Report Suspicious Activity: Use Binanceās dispute tools to handle shady transactions quickly.
š” Stay Smart, Stay Secure! Scammers rely on carelessness. By staying cautious and following these steps, you can trade confidently on Binance P2P. For more tips, check Binance's official safety guide.
What if you could earn FREE POP & ETH without spending a penny? With Binance innovative features and some smart tactics, itās possible! Start your journey today and explore limitless earning opportunities.
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Web3 Social Networks: Revolutionizing Online Interaction Imagine a digital world where you control your presenceānot corporations. Web3 is reshaping the way we create, connect, and earn. Hereās how: Ownership: Retain full control and monetize your creations directly.Fair Rewards: Transparent earnings without intermediaries.Blockchain Security: Trustworthy and tamper-proof systems.User-Driven: Communities that thrive on collaboration and user input.
Redefining Digital Creativity Contentos empowers creators with blockchain-backed solutions: Content Ownership: No more middlemen.Border less Collaboration: Work and grow with anyone, anywhere.Transparent Earnings: Clear, straightforward payouts.
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Enbittenās golden embroidery and teal bob honor ancient Egyptian artistry. The Fayum mummy portraits are probably the most famous example of Egyptian #art during the Roman period of #egypt .
Welcome to Transformatic, where art evolves with a click.
This innovative collection of dynamic #NFTā transcends traditional static creations, offering a unique interactive experience. Each piece in Transformatic is designed to change and transform, revealing new dimensions and hidden layers with every interaction. @Opensea /InfiniteCanvas
Discover the fusion of creativity and technology, where every click unveils a story, a mood, or an entirely new design. Whether you're a collector, an enthusiast, or a connoisseur of digital art, Transformatic invites you to redefine your perception of NFTs and explore the limitless potential of interactive art. @Polygon #PolygonMATIC #opensea
unstoppabledomains Expanding to Solana in January!
Unstoppabledomains successfully launched our domains services on Ethereum, Polygon, and very recently Base. Itās time to take the next step.
In January, unstoppable domain expanding to one of the most popular #Solana_Blockchain ! With ($SOL ) Solanaās speed and scalability, your domain management experience is about to level up.
#unstopabledomain to be announcing the finalists on Monday, October 14th at 9am ET. From then until October 25th at 9am ET, the community will have the chance to #VoteAndWin their favorite websites. Winners will be announced on October 28th.
#Web3 is multi-chain. Hundreds of blockchains coexist, each with different assets, apps, and users. That's why seamless, secure interoperability is key to achieving a thriving multi-chain ecosystem:
DEFINITION: The blockchain interoperability problem is the inability of blockchain networks to share data, transfer tokens (i.e., bridge), and perform transactions with one another.
The reality of Web3 is multi-chain, where hundreds to eventually thousands of different blockchains co-exist, each with different asset issuers, user bases, applications, and technological strengths and weaknesses. The multi-chain approach has overtaken the single unified ledger idea because itās more scalable, flexible, and practical given the wide range of technologies, stakeholders, and interests involved.Ā
However, for a multi-chain economy to work, blockchains must be able to seamlessly communicate and transfer assets cross-chain in a secure and reliable manner. Unfortunately, blockchain interoperability is a challenging problem to solve, with over $2.8B in user funds already hacked due to insecure cross-chain token bridges and infrastructure.
The following blog will explore blockchain interoperability, its main challenges, and how the #Chainlink Cross-Chain Interoperability Protocol (CCIP) sets a new industry standard in security and moves the industry closer to realizing the ultimate goal of onchain becoming a single Internet of Contracts.
Internet of Contracts Chain $LINK CCIP connects private and public blockchain networks to create a unified Internet of Contracts. What Is Blockchain Interoperability? Blockchain interoperability is the ability of different blockchain networks to communicate with one another by sending and receiving messages and tokens. Just like the Internet enables communication between computers, blockchain interoperability enables the cross-chain transfer of data and value.
Without blockchain interoperability, blockchains are akin to digital islands where their users, assets, and information are disconnected from the wider Web3 ecosystem. Thus, establishing a blockchain interoperability standard is critical to unlocking the full potential of blockchain technology because it enables an interconnected onchain economy that maximizes liquidity, provides universal access to users, and realizes greater efficiencies and cross-chain collaboration. To learn more, check out the blog: What is Blockchain Interoperability?
Key Challenges to Blockchain Interoperability Technology Due to the way they generate consensus, blockchains are not designed to directly validate the state of all other onchain networks or offchain systems that exist in the world without introducing significant compromises to the chainās security, stability, or scalability. This connectivity limitation is the basis of both the oracle problem and the blockchain interoperability problem.
Therefore, a blockchain interoperability solution must be able to read and write data in different formats and interpret different consensus mechanisms to determine important information, such as whether a transaction is considered finalized on a specific blockchain (i.e., transaction finality). It must also have its own way of receiving, validating, and executing cross-chain transactions.
Functionality There are a variety of functionalities that a blockchain interoperability solution may be asked to fulfill, most notably the ability to relay messages to/from different blockchains and transfer tokens cross-chain using a variety of token handling mechanisms. Beyond that, there are other important functionalities that a blockchain interoperability solution should ideally support, such as programmable token transfersāthe ability to transfer tokens cross-chain and then use those tokens in a supplementary action on the destination blockchain, all within a single transaction. For example, transfer an asset cross-chain and deposit it in a staking contract as part of the cross-chain transaction.
Programmable Token Transfers enable tokens and messages to be sent cross-chain as part of a single transaction. Programmable Token Transfers enable tokens and messages to be sent cross-chain as part of a single transaction, improving the developer and user experience. A blockchain interoperability solution should also support data oracles as a way to trigger automated cross-chain transactions based on real-world or other blockchain events. Furthermore, institutional clients may want additional functionalities, such as the ability to program various organizational and compliance policies into their cross-chain workflows or the ability to conduct privacy-preserving cross-chain transactions.
Security Validation of data and transactions is crucial to preventing a cross-chain protocol from being exploited. One of the main security challenges stems from blockchains having different notions of transaction finalityāthe point at which past blockchain transactions are deemed extremely difficult or impossible to revert. As such, a blockchain interoperability solution needs to understand the differences in blockchain design to ensure adequate time has elapsed for finality on the source blockchain before taking action on the destination chain.
Another key notion of security is how the blockchain interoperability solution validates transactions or data on the source blockchain and relays the data to the destination chain. These methods include centralized validation (e.g., a cryptocurrency exchange), local validation (e.g., atomic swap), native validation (e.g., zero-knowledge proof), or external validation (e.g., decentralized consensus). Different security approaches come with different trade-offs. For example, highly decentralized protocols may offer strong censorship resistance at the expense of developer flexibility and disaster recovery, while more centralized protocols may offer the reverse.
Finally, itās important from a security perspective to evaluate the onchain and offchain code of the protocol and how battle-tested it is in terms of undergoing security audits and running securely in production. Furthermore, their private key security is of utmost importanceāas compromised private keys are an attack vector often exploited within cross-chain solutions.
Standardization Similar to how TCP/IP creates a single standard for the World Wide Web, blockchains need a single standard to enable communication between them. By having a single standard compared to a mix of different interoperability solutions with varying levels of security guarantees, liquidity can become unified across chains while security standards and workflows become standardized across use cases.
Chainlinkās Role in Blockchain Interoperability CCIP (Cross-Chain Interoperability Protocol) is a blockchain interoperability solution powered by Chainlink. It is specifically designed to address the many challenges of blockchain interoperability.
CCIP is an arbitrary messaging cross-chain protocol that can read and write data from any public or private blockchain, as well as perform a variety of other functionalities for cross-chain transactions, such as enabling token transfers via a variety of token handling mechanisms (e.g., lock and mint, burn and mint, lock and unlock) and allowing users to execute programmable token transfers. Furthermore, CCIP is part of a wider Chainlink platform that enables users and institutions to get additional services needed to facilitate cross-chain transactions, such as Net Asset Value (NAV) data, proof of reserves, pricing information, blockchain abstraction solutions, and more.
Chainlink CCIP is the only blockchain interoperability solution to reach level-5 cross-chain security, and is powered by the same decentralized consensus that has helped the Chainlink protocol enable over $12T in onchain transaction value. Itās also the only blockchain interoperability protocol to feature an independent Risk Management Networkāa separate decentralized network that serves as a secondary validation and anomaly detection layer. You can learn more about the five levels of cross-chain security in the video below.
CCIP is already being used across leading #DEFİ protocols, such as #AAVEUSDTā”ļøā”ļø stablecoin #GHO , and some of the worldās leading financial institutions, such as DTCC, ANZ, and Swift. The ability to securely support both DeFi and TradFi is critical to establishing a standard that supports the next era of digital finance based on tokenized assets and programmable money and finance services. There are also token bridges built on CCIP that provide user interfaces for users to transfer tokens and messages across blockchains via CCIP. Two CCIP-powered interfaces include Transporter and XSwap.
Dubai Regulator Orders 7 Unlicensed Crypto Exchanges to Stop Operations
The Dubai Virtual Assets Regulatory Authority (VARA) has taken action against seven unlicensed crypto entities for operating without licenses and violating marketing regulations. VARA has issued cease-and-desist orders and imposed fines on these entities. The regulator warned the public of the risks associated with dealing with unlicensed crypto businesses, emphasizing the potential for financial and reputational harm.
Protecting Crypto Investors The Dubai Virtual Assets Regulatory Authority (#VARA ) has issued cease-and-desist orders against seven entities accused of operating without licenses and violating marketing regulations. In a warning issued on Oct. 9, VARA advised the public to avoid dealing with the unnamed and unlicensed virtual asset businesses.
VARA argued that dealing with such entities could expose users and institutions to financial and reputational risks, as well as potential legal consequences. The regulator added that it would continue to prioritize protecting consumers and investors.
Commenting on VARAās latest enforcement action against unlicensed operators, the regulatorās Regulatory Affairs and Enforcement team said:
Our priority is to ensure that Dubaiās virtual assets ecosystem remains secure for consumers and investors while being a progressive environment for compliant entities. Market enforcement actions send a reinforcing message: VARA will not tolerate any attempts to operate without appropriate licenses, nor will we allow unauthorized marketing of virtual asset activities.
According to the regulator, the targeted entities have been fined amounts ranging from just over $13,600 to more than $27,000 each. VARA clarified that the severity of the penalties imposed was dependent on the nature and extent of the violations.
Meanwhile, the statement also revealed that VARA is conducting further investigations in conjunction with local authorities.
Circle Brings USDC to Sui: What This Means for Bridged Tokens
Circle has introduced native USDC on the Sui blockchain, giving developers and users direct access to USDC without relying on bridges. This launch supports Circleās multi-chain approach, utilizing Suiās features for fast, secure, and scalable applications.
USDC Goes Native on Sui Chain Circle explained that the native integration of $USDC on $SUI enables developers to build decentralized applications (#Dapps ) on the layer one (L1) blockchain without needing third-party bridging solutions. #USDCā issued on #SUIš„ will be redeemable 1:1 for U.S. dollars, providing developers with a stable, dollar-backed asset for creating financial products.
According to Circle, this move differentiates native USDC from bridged tokens like wUSDC, which were previously used on Sui but are not issued by Circle nor redeemable through its APIs. Sui, developed by Mysten Labs, is a versatile blockchain built on the Move programming language, designed to support high-throughput decentralized finance (#DEFİ ), gaming , and ecommerce applications.
In the blog post announcement, the stablecoin issuer highlighted that more than 85 applications are currently in development on Sui, aiming to offer scalable infrastructure for developers. Circle anticipates that the introduction of USDC will enhance liquidity across various services and use cases on the network.
The announcement follows the increasing adoption of bridged USDC on Sui, facilitated by Wormhole, a cross-chain messaging protocol. Circle noted that native USDC will operate alongside Wormholeās bridged tokens, with plans underway to support migration from wUSDC to native USDC. Future developments include integration with Circleās Cross-Chain Transfer Protocol (CCTP), designed to simplify native USDC transfers across #blockchains.
TRON DAO Hosted the TRON Builder Tour at Columbia University With Blockchain at Columbia and Boston
PRESS RELEASE. Geneva, Switzerland, October 9, 2024 ā TRON DAO was proud to host the TRON Builder Tour at Columbia University with Blockchain at Columbia and Boston University Blockchain on October 5. The TRON Builder Tour merges hands-on workshops with enriching discussions, connecting students, developers and mentors.
TRON Builder Tour: Columbia Stop The TRON Builder Tour hosted a hackathon at Columbia University on October 5, co-hosted by Blockchain at Columbia and Boston University Blockchain. The 12-hour event attracted over 120 sign-ups from students all eager to build on the TRON blockchain. Attendees included individuals from prestigious institutions such as Harvard, Boston University, NYU, Berkeley, Columbia, University of Waterloo, and Princeton. Longtime developers and early builders in the TRON community flew in from all over the U.S. to help students with their projects. Among the mentors were Dwayne Gordon, founder of a TRON community project, Eder Teixeira, a TRON Super Representative and Wes Jorgensen from Boston University Blockchain.Their collective experience provided students with invaluable insights and guidance, reinforcing TRONās commitment to fostering innovation and education within the blockchain space.
Throughout the hackathon, students developed decentralized applications (dApps) across four tracks: DeFi, Artistry, Integration, and Web3. The top three projects from each track were awarded their respective share of the grand prize pool.
Judge-Selected Winners
DeFi Track
Showcasing projects that transform finance through decentralization, empowering individuals with transparent, accessible, and inclusive protocols for asset management. The winners of the DeFi track are as follows: Stakecess by StakecessTEAMDR by Team D-POKPrisonCoin by TeamPC
Artistry Track
Where entertainment meets blockchain technology. The artistry track spotlights creative prowess in visual projects that embrace GameFi, NFTs, assets, and ventures related to the Metaverse. The winners of the Artistry track re as follows:
1. Monkey Lotto by Monkey Lotto
2. NoCapMaps by NoCapMaps
3. MetaForge by MetaForge Team
Integration Track
The Integration track prompts participants to integrate advanced protocols into the $TRX ecosystem, urging them to incorporate existing protocols, dApps, or services on $TRX / $BTTC into their applications. Participants create impactful features/tools for enhancing applications within the #TRXā / #bttcš¤ ecosystems. The winners of the Integration track are as follows:
1. TRONFundYou by NYBO
Swap Squad by BU Blockchain RKJ
Web3 Track
The #web3.0 category aims to honor teams that usher along the transition of #Web2.0 to Web 3.0 by introducing next-gen #DAO tools, SocialFi, blockchain/web infrastructure, SDKs, and other Dapps. The winner of the Web3 track is below:
1. AI Bot by TRON Support AI
HackaTRON Season 7
In tandem with the TRON Builder Tour , TRON DAO continues to push the envelope with HackaTRON Season 7, a competition that challenges innovators across multiple tracks to create solutions that leverage the TRON blockchain.
Stay updated and get involved by following TRON DAO on X and visiting the HackaTRON official page for the latest news and participation opportunities!
About TRON DAO
TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.
Founded in September 2017 by Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the integration of BitTorrent, a pioneer in decentralized Web3 services, boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of October 2024, it has over 263 million total user accounts on the blockchain, more than 8.6 billion total transactions, and over $16 billion in total value locked (TVL), as reported on TRONSCAN.
In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO . Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the governmentās endorsement to issue Dominica Coin (āDMCā), a blockchain-based fan token to help promote Dominicaās global fanfare, seven existing TRON-based tokens ā TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.