• Crypto Company Warns Against WhatsApp Scams

    Bybit Powered by SATOS is issuing a strong warning against scammers impersonating the company on WhatsApp. Recent reports have surfaced of individuals adding users to WhatsApp groups, falsely claiming to represent Bybit Powered by SATOS. These scammers aim to deceive users into providing personal and financial information.

    Bybit Powered by SATOS emphasizes that it does not communicate with users via WhatsApp for official announcements, promotions, or customer service. Any WhatsApp group or message claiming to be from Bybit Powered by SATOS is fraudulent.

    To safeguard against these scams, the company advises users to take the following precautions:

    Users should not interact with any suspicious WhatsApp groups claiming to be Bybit Powered by SATOS.
    Only trust official communication channels:
    
    Official website: https://www.bybit.nl/nl-NL/
    Telegram Group: https://t.me/satos_official
    Telegram Announcements: https://t.me/satos_announcements
    VIP Telegram Announcements: https://t.me/+5t243jse_5A5ODA9
    X: https://x.com/BybitxSatos
    If users encounter any suspicious messages or groups:
    
    Do not respond or share any personal or financial information.
    
    Report the message immediately to Bybit Powered by SATOS’ official customer support.
    Block and exit any WhatsApp group or contact claiming to be Bybit Powered by SATOS without verification.
    

    Bybit Powered by SATOS remains committed to user safety and security. Bybit urges its community to be vigilant and report any suspicious activity.

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  • What are bitcoin airdrops?

    Bitcoin airdrops are a way for cryptocurrency projects to distribute free tokens or coins to holders or potential users. Here’s a breakdown of how they work and their purpose:

    1. Distribution Method: Airdrops typically involve sending small amounts of Bitcoin or other tokens to existing cryptocurrency wallet addresses. Recipients often need to meet certain criteria, like holding a specific amount of another cryptocurrency or signing up for a platform.
    2. Promotional Tool: Projects use airdrops to create buzz and attract attention. By giving away free tokens, they hope to increase user engagement and build a community around their platform.
    3. User Engagement: Some airdrops require participants to perform specific tasks, such as sharing on social media, joining a community, or completing a survey. This helps projects grow their audience and enhance visibility.
    4. Eligibility Criteria: Requirements can vary. Some airdrops are based on holding another cryptocurrency (like Ethereum), while others may just require registration on a website.
    5. Market Impact: Airdrops can influence the market by increasing the supply of tokens and can lead to price fluctuations, especially if a large number of tokens are distributed at once.

    While airdrops can be a fun way to receive free cryptocurrency, it’s important to be cautious. Some airdrops may involve scams or require you to share sensitive information, so always verify the legitimacy of the project before participating.

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  • Can I earn Bitcoin online without investing any money?

    Can I really earn Bitcoin without investing anything?

    That’s a question that many people ask. However, if it is possible, what are the steps to take?

    Here are six important steps that anyone can take to earn bitcoin without spending any money. But it will require effort on each person’s part.

    Yes, it is possible to earn Bitcoin without directly investing money, although it typically requires time, effort, or skills. Here are some ways to do so:

    1. Bitcoin Faucets: These are websites that give away small amounts of Bitcoin in exchange for completing simple tasks or captcha.
    2. Airdrops: Some projects distribute free cryptocurrency, including Bitcoin, to promote their platforms. You usually need to sign up or hold a certain token.
    3. Mining: If you have the technical skills and access to hardware, you can mine Bitcoin. However, it requires significant energy and computing power.
    4. Earn Bitcoin through Work: Some platforms allow you to offer services (like freelance work) and get paid in Bitcoin.
    5. Staking and Lending: While this often involves investing in specific cryptocurrencies, some platforms offer rewards for staking or lending that can be converted to Bitcoin.
    6. Referral Programs: Some exchanges and wallets offer bonuses for referring new users, which can often be claimed in Bitcoin.

    While these methods can help you earn Bitcoin, the amounts may be relatively small, and there are often risks or time commitments involved. Always do your research before getting involved!

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  • Washington: 2 Crypto Platforms Allegedly Defrauding Investors

    The Washington State Department of Financial Institutions’ Securities Division on Oct. 2, 2024, addressed fraud allegations against cryptocurrency platforms Nasdaqkk.cc and Sequoia-Platform. Both platforms are purported to have misrepresented their affiliations and lured investors into cryptocurrency investment schemes, promising substantial returns but blocking withdrawals.

    In the case of Nasdaqkk.cc, an investor was approached via Facebook and subsequently invested $64,000. When attempting to withdraw funds, the investor received a “safety reserve alert” requiring an additional 15% fee to unfreeze their account. The investor refused to pay the fee and was left unable to access their money.

    DFI noted:

    This appears to be what is commonly called ‘advance fee fraud.’ It also appears to be a common type of cryptocurrency investment scheme that uses social media groups.

    The platform falsely claimed an affiliation with the Nasdaq Stock Exchange, which DFI confirmed is not involved in cryptocurrency trading.

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  • Bintense Reviews Australia’s Blockchain Roadmap

    As a regulated crypto exchange, Bintense consistently monitors critical developments in the cryptocurrency and blockchain space. In Australia, blockchain technologies are no longer confined to niche applications but are being positioned as a vital part of the country’s digital infrastructure. With the Australian Government’s National Blockchain Roadmap, released in 2020, the potential of blockchain is being actively explored across multiple sectors. Bintense is closely following this roadmap as it shapes the future of blockchain adoption in Australia, particularly regarding the exchange of digital assets like Bitcoin and Ethereum.


    Blockchain: An Emerging Technology with Broad Applications

    Blockchain technology redefines how networks share, validate, and govern data. Whether through permissionless systems like Bitcoin and Ethereum or permission systems within industries, blockchain serves as an efficient governance architecture. This technology is crucial for the development of secure, transparent, and efficient systems across various sectors—finance, supply chains, and regulatory technologies are key examples.

    In Australia, the National Blockchain Roadmap recognizes blockchain’s transformative potential. This document is a living strategy, evolving with the rapid development of the blockchain industry. Since its launch, significant progress has been made in implementing various initiatives to make blockchain technology a cornerstone of Australia’s digital economy.


    Australia’s National Blockchain Roadmap: Key Highlights

    The National Blockchain Roadmap provides a structured approach to blockchain development in Australia, involving collaboration between industry, government, and research groups. The roadmap explores real-world use cases for blockchain in supply chains, credentialing, cybersecurity, and regulatory technologies (regtech).

    One of the roadmap’s critical elements is the establishment of pilot projects that demonstrate the practical application of blockchain. For example, two blockchain-based pilots were announced as part of the 2020-21 Federal Budget. These projects aim to reduce businesses’ regulatory compliance burden, providing solutions that could potentially streamline industries like critical minerals and the food and beverage sector.


    Blockchain’s Future in Australia: A Stepping Stone for Crypto Adoption

    Australia’s blockchain development aligns with Bintense‘s focus on supporting a transparent and compliant crypto exchange platform. As the blockchain ecosystem expands, the technology’s use in reducing regulatory burdens and improving transactional efficiency will directly benefit crypto exchanges. The National Blockchain Roadmap’s commitment to advancing blockchain through regulatory technology (regtech) and cybersecurity solutions will further enhance the safety and reliability of blockchain-based systems.


    Bintense’s Role in the Evolving Crypto Landscape

    As Australia strengthens its blockchain framework, exchanges like Bintense are positioned to offer Australians an efficient and compliant platform for buying, selling, and exchanging crypto. With blockchain’s increasing role in sectors from supply chains to financial systems, Bintense is prepared to operate within this growing ecosystem, adhering to all regulatory requirements.

    Australia’s National Blockchain Roadmap indicates that blockchain technology is set to play an even more significant role in the country’s economic future. At Bintense, we are committed to staying at the forefront of this evolution, ensuring that our exchange meets the demands of an increasingly blockchain-driven market. As the blockchain landscape in Australia matures, Bintense will continue to offer a reliable platform aligned with national trends and global developments.

    Read more on DailyCoin: https://dailycoin.com/

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  • SoftNote Wallet App now on iOS

    Tectum, the fastest blockchain network globally with 3.5 million transactions per second, announced the release of the SoftNote Wallet App on iOS, marking a significant step toward mass adoption of its SoftNote technology. Previously accessible only through a web interface, SoftNote now allows users to conduct instant and zero-fee crypto transactions directly from their mobile devices. Android users can look forward to the app’s release later this month.

    The SoftNote Wallet App is currently available in the Apple App Stores in the USA, Russia, Turkey, India, and Brazil, with more markets to follow in the coming months, bringing this game-changing technology to a growing global audience. With SoftNote, Tectum eliminates the need for intermediaries, offering a seamless, bankless payment experience for users globally.

    “The SoftNote Wallet puts this powerful technology directly into users’ hands, allowing them to transact freely without barriers,” said Alexander Guseff, Founder of Tectum. “This is a major step toward our vision of making crypto transactions free & instant.”

    The app enables secure, real-time transactions with major cryptocurrencies such as Bitcoin, Ethereum, USDT, and Tectum Emission Tokens. Users can easily create, manage, and transfer SoftNote Bills through a streamlined, user-friendly interface designed for seamless navigation.

    “SoftNote Wallet’s mobile release moves us closer to a world where global transactions no longer rely on traditional systems like SWIFT,” Gusev added. “We’re creating a faster, more secure, and cost-effective way to handle payments worldwide.”

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  • Michigan Online Explains Crypto

    • The focus of of cryptocurrencies as means of payment
    • Blockchain as an asset
    • Technical underpinnings


    More…

    Foreword as seen on the page…

    The page explains… The sudden rise in the value of Bitcoin and other cryptocurrencies, and its subsequent decline, focused the world’s attention on cryptocurrencies as a means of payment. Blockchain technology powers Bitcoin and has been hyped as the next new, transformative technology.

    Also, it states the following… In this course, we first discuss the technical underpinnings of blockchain and review key concepts such as decentralization and consensus algorithms.

    We then examine blockchain as an asset and review the dynamics of the cryptocurrency markets.

    Is blockchain really a business solution? Finally, we examine blockchain as a business solution, with a focus on understanding business cases in which blockchain does and does not make sense.

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  • Binance Addresses Rumors of Launching Separate Token

    Binance has made an official statement regarding rumors about the upcoming launch of a separate token for Moonbix.

    Amid rumors that Binance is about to launch “Moonbix Coin,” the exchange confirmed that the Moonbix development team is not launching a “Moonbix Coin” or any similar token.

    Binance stated that they currently have no plans to issue a separate token for MoonBix, and therefore, all information circulating online is false, and users should take caution.

    “We have noticed some rumors spreading about the launch of a ‘Moonbix Coin.’ To clarify, our development team is not introducing any such coin and has no plans to launch a token related to the game. Therefore, any news about a ‘Moonbix Coin’ is false. Please be cautious and make sure to check updates directly from our official channels. User safety remains our top priority. Always stay alert, informed, and double-check any news,” Binance declared.

    Moonbix is a gold mining game that operates on the Telegram mini app. It is Binance’s latest game project.

    Although it only launched in mid-September, the project has already attracted over 15 million players, making it one of the hottest mini-games on Telegram.

    On September 18, Binance also warned its community that many scam projects using names similar to Moonbix are currently circulating.

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  • SORA Card, Crypto-Friendly E-money Solution Goes Live

    The SORA Community is excited to announce the launch of SORA Card, a new e-money solution featuring an International Bank Account Number (IBAN) and corresponding debit card integrated to the SORA self-custodial crypto wallet. SORA Card is a payment app for people who value freedom.

    The SORA Card fiat wallet with all banking features is now available. This means SORA virtual cards are enabled in the app, and physical cards are available for order.

    SORA Card offers a complete future-proof payment experience with known features such as SEPA and SEPA instant transfers, debit cards, foreign exchange, and more. It also offers unique and innovative self-custody over crypto assets and (decentralized) exchange features.

    Users can perform decentralised finance activities such as trading, stake, farming, minting NFTs, and much more on the same iOS and Android applications. The Polkaswap.io DEX on the SORA network also provides expansive interoperability through bridges to multiple EVM and Substrate blockchains, which in turn are seamlessly bridged into the traditional financial (tradfi) world.

    To celebrate the SORA Card launch and reward early adopters and community supporters, SORA address holders can apply now for free for a limited time and receive a one-year subscription free of charge.

    As a token of appreciation for your patience, support, and enthusiasm, earlier applicants who successfully passed KYC under the initial application terms will receive a 3-year subscription free of charge instead of the earlier announced 2-year subscription.

    SORA Card will soon be available in Fearless Wallet, the multi-chain DeFi wallet. This integration gives DeFi users an enhanced user experience beyond the SORA ecosystem.

    SORA Card is a product of the SORA Community and SORA Biome, developed in collaboration with leading fintech companies SORAMITSU, Hoppacard, and Unlimit. The SORA community has been tirelessly working to bring a new level of financial freedom to individuals, and soon, it will also be available to businesses.

    The launch of SORA Card marks an important milestone in developing the SORA ecosystem, and the community is excited to witness its impact on the broader cryptocurrency and fintech landscape.

    Speaking about the launch, one of the main contributors said,

    “We are excited to launch SORA Card and provide unique payment experiences integrating a DEX and self-custodial crypto wallet with your e-money suite. This is a major step forward in our mission to create a new economic system and the toolkit to enhance (financial) freedom for all.”

    To sign up for a SORA Card, visit the SORA Card website or download the SORA Wallet mobile app.

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  • First Telegram ICO Opens to 1m+ Users

    Today marks the start of the new Dogizen (DOGIZ) ICO, and the Telegram game’s 1-million-strong player count is primed to secure some tokens at a heavy discount.

    In recent weeks, Dogizen has been capturing attention in crypto circles as the promising macro narrative of GameFi—an $11 billion industry growing by nearly 27% each year—continues to impress.

    Following in the path of blockbuster Telegram gaming success stories like Hamster Kombat, Catizen, and DOGS, Friday could push Dogizen into the limelight. And as explored below, as the very first Telegram ICO, Dogizen has advantages no other Telegram game has had up until now.

    This first-ever status is more than just a case of bragging rights. Dogizen is directly plugged into Telegram’s UX—that’s over 950 million active users who can be seamlessly onboarded into crypto via Dogizen’s unintimidating gameplay mechanics.

    Without downloading a single extra app, any Telegram user can easily join the rapidly growing Dogizen party and purchase tokens, i.e., users can buy tokens directly through Telegram. This is the first ICO to offer this and is an incredibly smart move; by hosting its ICO within Telegram, Dogizen makes it easier than ever to bring wallets into play and pumps into reality. Once again, efficiently harnessing Telegram’s 950 million strong audience.

    But the most encouraging aspect of Dogizen, and something that could give the project a real edge over its crypto-gaming rivals, is its master plan: Dogizen Universe.

    While all its peers are focused on providing a single game, Dogizen is forging a multi-layered ecosystem where developers and GameFi aficionados can unite.

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