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Crypto LVL

Logo of telegram channel crypto_lvl — Crypto LVL C
Logo of telegram channel crypto_lvl — Crypto LVL
Channel address: @crypto_lvl
Categories: Cryptocurrencies
Language: English
Subscribers: 105.94K
Description from channel

The most important news of the week on our channel.
Contact: @Arpiner7

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The latest Messages 3

2023-12-26 16:02:03
Verida to Transform Digital Privacy Through Partnerships and Technology

Decentralized digital identity provider, Verida has rolled out several products and features including its recent partnership with zkPass, a private data protocol to secure user identity while verifying their identities on websites.

The partnership with zkPass helps users verify their identity on government and private websites without compromising privacy. This could mean verification of financials and credit facilities on several institutions, social platforms, and more.

Use cases on the zero-knowledge proof set could extend to citizens verifying credentials on government platforms like citizenship or residency over a certain period and verifying that they possess a stipulated amount of money in a bank.

“The magic happens directly on the user’s local device, where zkPass generates verifiable proofs. Once a proof is created, it is seamlessly sent to the user’s Verida Wallet, ensuring a secure and private storage solution on the Verida Network. The proof, represented as a Polygon ID zero-knowledge proof, can then be leveraged both on and off-chain.”
13.6K views13:02
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2023-12-25 15:00:05
xChief Grand "Gold Whale" Contest

"Gold Whale" – is an every-month contest that allows to combine the usual trading on your account with the competition for a real money prize.


Contest features:

Prize fund $5000
20 prize winners
Any trading strategies and robots/EA allowed
Prize money can be withdrawn immediately and without limit
Participation in the contest can be stopped any time with the funds saved


Winners get the following prize:

st place = $1000
nd place = $750
rd place = $500
from th to th place = $250
from th to th place = $100

In fact, each participant can withdraw both the deposit and the profit earned, as well as the prize amount.

24/7 Support:
https://t.me/forexchief_bot

Contest registration link:
https://pro.cxchief.com/b3a2d5

English xChief community:
https://t.me/xChief_English
17.6K views12:00
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2023-12-23 19:02:06
SEC “Deeply Regrets” Handling of Debt Box Case

The United States Securities and Exchange Commision (SEC) has apologized for its handling of a lawsuit against decentralized blockchain project, Debt Box, according to new court documents. “The Commission takes this Court’s concerns seriously and deeply regrets these errors,” a court filing from December 21st reads. “Agency officials are taking steps to ensure those errors are not repeated in this action or other proceedings.”

The SEC originally filed a lawsuit against Debt Box in July alleging the digital currency operation defrauded thousands of investors out of nearly $50 million through the sale of unregistered securities. Previously, the federal watchdog was granted a temporary restraining order against Debt Box after claiming the organization was dodging legal actions by moving assets abroad. However, the order was rescinded in October after the court found the SEC had insufficient evidence to back up its claims.

Judge Robert Shelby, Chief United States district judge for the District of Utah, criticized lawyers representing the SEC earlier this year for “false or misleading” statements against Debt Box, claiming that they “undermined the integrity of the case’s proceedings” which resulted in “irreparable harm” to the defendant.
14.0K views16:02
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2023-12-20 19:30:02
Atomic Wallet Offers $1 Million Bug Bounty Amid Security Lawsuit

Amid an ongoing class-action lawsuit related to a $100-million hack in June, the developer of Atomic Wallet has launched a $1-million bug bounty program aimed at identifying security flaws in its wallet software. In an announcement on December 18, the development team invited ethical hackers and security experts globally to scrutinize the open-source code for potential vulnerabilities.

White hat hackers who discover the most severe vulnerabilities, defined as those allowing an over-the-internet attack without physical access, installed malware, or social engineering, stand to earn $100,000 under the program.

The bug bounty program is designed to enhance the security of the wallet and minimize the risk of future cyber threats. The bounty program also offers compensation ranging from $500 to $10,000 for hackers who identify bugs or flaws not meeting the criteria of the most serious vulnerabilities. The reward depends on the severity of the vulnerability, with $5,000 allocated for a “high-risk” discovery and $10,000 for a “critical-risk” one. The total bounty pool for all discoveries is set at $1 million.
20.5K views16:30
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2023-12-20 16:00:11
Officially: Bitcoin broke +142% in the year chart

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19.6K views13:00
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2023-12-19 16:30:01
Check out the new project, Memeverse. art — brief and funny history of blockchain in pictures.

Discover your favorite crypto memes, blockchain projects, and crypto stars all in one place. Whether you’re a pro in blockchain or just starting out, there’s always something new to learn and laugh about.

Starting on December 19th at 1:00 pm UTC, dive into the Memeverse quest — where you become the ultimate meme detective, solving riddles and winning the prizes!

Follow us on social media to catch the quest kickoff:

https://t.me/HalfhorseMeme
https://twitter.com/HalfHorseMeme
16.2K views13:30
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2023-12-17 16:00:00
Financial Regulators Urge Congress to Pass Crypto Legislation in New Report

FSOC’s latest release reiterates its suggestion from last year’s report demanding greater regulation of spot markets crypto assets classified as non-securities and greater regulation of stablecoins overall. The report encapsulates 14 different economic vulnerabilities and “makes recommendations to further enhance the integrity, efficiency, and stability of U.S. financial institutions and markets.”

In regards to crypto, FSOC noted a string of vulnerabilities, including “crypto-asset price volatility, the market’s high use of leverage, the level of interconnectedness within the industry, operational risks, and the risk of runs on crypto-asset platforms and stablecoins.”

Moreover, FSOC alleges the crypto market is facing a number of potential vulnerabilities, including “token ownership concentration, cybersecurity risks, and the proliferation of platforms acting outside of or out of compliance with applicable laws and regulations.”

The release of FSOC’s report follows a turbulent year for the crypto industry wherein a number of key players faced regulatory consequences. In November, a jury found FTX founder Sam Bankman-Fried guilty of fraud after an intensive month-long trial where the disgraced “king of crypto” testified on his own behalf.
14.4K views13:00
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2023-12-15 15:00:07
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20.6K views12:00
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2023-12-14 16:01:51
Brazil Expansion Is “Central Focus” for Coinbase

The crypto exchange giant Coinbase says that Brazil has “become a central focus” in its “global growth strategy.” The Brazilian media outlet Livecoins said Coinbase recognized “Brazil’s growing importance in the cryptocurrency market.” And it said the exchange was gaining confidence “in the country’s economic and technological potential.” Coinbase stated that Brazil and other nations were “making progress in crypto regulation.”

The exchange operator has set itself the ambitious goal of building a global user base of 1 billion people. The firm reportedly noted that Brazil’s “evolving regulatory environment” and “one of the highest cryptocurrency adoption rates” in the world were also motivating factors. The exchange said these and other reasons had made Brazil “a crucial market” for company expansion.

Fábio Plein, Coinbase’s Regional Director, was quoted as saying:

“To operationalize the diversification of our business globally, we are following our ‘Go Broad, Go Deep’ expansion strategy. We are aligning with government involvement in the crypto economy. Our goal is to reach 1 billion users globally. And Brazil is a crucial market on the path to achieving this milestone.”
16.4K views13:01
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2023-12-12 18:00:11
#Elon Musk Faces #Legal Heat As Judge Probes Into Twitter Stock Manipulation Lawsuit

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20.2K views15:00
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