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Tag: KYC

Lie Flat Coin Makes You not “Lie Flat” – GNEWS

Written by: Ermat
“Lie flat” is an attitude, is the silent struggle against the cruel reality. But when life shows its best and fairest side again, will you still be like this? Mr. Guo Wengui said in the December 5 live broadcast that in the future we will issue lie flat coins, fellow fighters will work more and get more, and the day the lie flat coins are issued is the time of the Communist Party’s demise.
The lie flat coin style is definitely a public link. It is completely free from any manual review. But at the end of the day when you cash out, you have to go through the kyc….

KYC Drive Causes Bithumb Disruption: Logins, Transactions Affected

Source: AdobeStock / Dennis The South Korean crypto trading platform Bithumb has been hit by disrupted transactions, with deposits and withdrawals requests encountering “errors” – with customers rushing to complete new know-your-customer (KYC) procedures.Bithumb users reported disruptions as the number of users trying to verify their identity on the exchange appears to have swamped servers with traffic.Bithumb responded by announcing that “due to a temporary surge in the number of users” on the platform “due to”…

ConstitutionDAO Raises $27M on Eve of Sotheby’s Auction. $PEOPLE Could Be the Reason

However, the real-world identities of multiple members of the DAO’s brain trust – roughly three-dozen individuals – are known, and now an actual LLC will be placing the bid on behalf of the DAO to comply with Sotheby’s know-your-customer (KYC) requirements. Additionally, fractionalization could lead to an unusually easy-to-pursue securities enforcement action from the Securities and Exchange Commission (SEC), per early discussions in the DAO’s Discord.

the Future Looks Bright for Crypto Start-Up with High BNB Rewards on the Binance Smart Chain

Cape Coral, Florida–(Newsfile Corp. – November 15, 2021) – Building on the success of the Floki hype is the newest Floki pup. Floki Rocket launched on 10th November 2021 by a very experienced team based working out of SPAIN/FRANCE/USA and ROMANIA. This team clearly understands that having a strong team and a proven strategy in place is fundamental to the success of their project. They pride themselves on their core team values of community, trust, transparency, and innovation. In line with their core team values of transparency, their team is fully DOXXED with full KYC verification.Figure…

CBDCs should have ‘privacy by design’, says blockchain boss

As Central Bank Digital Currencies (CBDC) continue to materialise, so do worries surrounding the financial privacy of users, says Matthew Niemerg, co-founder of Aleph Zero – a Swiss non-profit, enterprise-ready, peer-reviewed, developer-friendly blockchain platform.According to Aleph Zero, CBDCs will undoubtedly be subject to know-your-customer (KYC) and anti money laundering (AML) regulations, which require identity disclosure among their participants.In fact, the Bank of Canada has already qualified anonymity as a ‘risk’ banks should look to avoid – leaving prospective users with…

ADALend Promises to Ignite the Defi Space

ADALend is a scalable and decentralized lending protocol governed by a decentralized autonomous organization (DAO).

ADALend will offer various features that will provide its users with decentralized financial instruments accessible to everyone with access to the internet, without the complicated KYC requirements of the mainstream banking system.

The protocol will improve digital assets’ capital efficiency by enabling assets accumulated to fund multiple loan pools. The protocol will utilize the Cardano blockchain to flesh out DeFi potential as a viable replacement…

PL^Gnet Brings On-Chain KYC for Blockchain-Based Development via Otto Blockchain


Cryptocurrency and blockchain adoption have long faced significant resistance from many corners, often in the areas of KYC (Know Your Customer) and compliance. Although Decentralized Ledger Technology (DLT) can deliver higher speeds, better efficiency, and lower-cost transactions between parties than traditional forms of finance, complex fiscal and reporting rules, issues pertaining to identification, the possibility of money laundering, and other challenges have prevented many projects and…

ADALend Ignites the Defi Space – Sponsored Bitcoin News

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ADALend is a scalable and decentralized lending protocol governed by a decentralized autonomous organization (DAO).
ADALend will offer various features that will provide its users with decentralized financial instruments accessible to everyone with access to the internet, without the complicated KYC requirements of the mainstream banking system.
The protocol will improve digital assets’ capital efficiency by enabling assets accumulated to fund multiple loan pools. The…

ADALend Ignites The DeFi Space

ADALend is a scalable and decentralized lending protocol governed by a decentralized autonomous organization (DAO).
ADALend will offer various features that will provide its users with decentralized financial instruments accessible to everyone with access to the internet, without the complicated KYC requirements of the mainstream banking system.
The protocol will improve digital assets’ capital efficiency by enabling assets accumulated to fund multiple loan…

Interoperability of KYC data across DeFi platforms

The DeFi ecosystem CRD Network has partnered with Chainlink to bring all-in-one compliance solutions to DeFi platforms across various blockchains. By launching a Chainlink node, the API hub aims to act as the treasury of compliance data for various DeFi platforms integrated into its network.
In a blog post shared earlier today, the network noted,
“The end goal is for the CRD Network to be a one-stop solution where users can fill out their KYC information and then have unlimited access to…

New World, Old Rules

The ‘Crypto World’ as it is now is a new world with OLD rules (KYC policies, centralized marketplaces, etc.). All major players have just forgotten what was this all about (a tool to gain freedom), and the result is this: ‘assets’ instead of money, and rampant speculation.

As it has been recently refered at Cointelepgraph:

ICOs themselves are hardly centralized. They may take place in a decentralized platform byt they inherently involve many people trusting a single development team with potentially 00s millions in funding.

We need a new world with NEW rules. Rules emerging from that new world. Otherwise, this is all a huge waste of time for most, and business as usual for the few.


Satoshi Nakamoto was probably a team of engineers.… Read more...

Money is Broken… How to Fix it?

This are the things about money that should be fixed both in the “real” and the crypto economy:

Nature of Money. Money should be a mean of exchange and settling acounts NOT a merchandise whose price is controlled by an elite. Right now even Bitcoin prices are manipulared. Money is a mean of settlement to help an economy to be liquid. It should not be a merchandise whose price and manufacturing is controlled by an elite with some kind of Old World capitalist advantage (sorry Bitcoin miners, its nothing personal).

Money should be an asset in itself, not somebody´s liability.

Native value. We need to start developing decentralized apps for people to EARN crypto money, in exchange for their added value. Then (and only then) a market will emerge to trade and spend those cryptos (not the other way around).… Read more...