⚡🧧 NO SIGNAL — JUST SPEED No heads-up. No second breath. The Red Packet flashed in and started fading. Blink late = miss it. Strike fast = secure it. Only raw speed walks away winning. 🔥🚀
⚡🧧 NO SIGNAL — JUST SPEED No heads-up. No second breath. The Red Packet flashed in and started fading. Blink late = miss it. Strike fast = secure it. Only raw speed walks away winning. 🔥🚀
Hong Kong Government Advances Digital Asset Trading Legislation AI Summary According to Odaily, Hong Kong Legislative Council member Ng Kit Chuang expressed support for the Hong Kong Special Administrative Region Government's new developments in digital asset trading. He announced on the X platform that the Financial Services and the Treasury Bureau has initiated consultations on legislative proposals for digital asset trading and custody services. This move aims to further clarify the regulatory activities surrounding digital assets and address market demands and ideas. Ng highlighted that previous consultations with the industry on the direction of over-the-counter trading and custody services have garnered significant feedback. The proposed legislation seeks not only to establish the legitimacy of crypto and digital asset OTC trading and custody services but also to enable the industry to operate in a more compliant manner. Additionally, it aims to combat fraudulent activities that exploit these services as a guise.
L1 Tokens Face Decline in Performance This Year According to Odaily, Castle Labs reports that L1 tokens have generally underperformed this year. Among them, TON has decreased by 73.8%, AVAX by 67.9%, SUI by 67.3%, SOL by 35.9%, ETH by 15.3%, and HYPE by 6.5%. In contrast, only BNB and TRX have shown positive growth, with increases of 18.2% and 9.8%, respectively. #AVAX✈️ #BNB_Market_Update #ETH #USGDPUpdate
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Blockchain is a shared, immutable digital ledger that facilitates the process of recording transactions and tracking assets across a peer-to-peer network without the need for a central authority. Each record is stored in a "block," which is cryptographically linked to the previous one, forming a secure "chain". How It Works Transaction Recording: A new transaction or data is recorded and grouped into a block.Consensus: The majority of participants (nodes) in the network must agree that the transaction is valid through a consensus mechanism (like proof-of-work or proof-of-stake).Linking the Blocks: Once verified, the new block is appended to the existing chain using a unique cryptographic "hash" of the previous block. This creates a permanent, tamper-evident record.Distribution: An updated copy of the entire ledger is distributed to all network participants, ensuring data redundancy and integrity. Key Features & Benefits Decentralization: Control is distributed across a network rather than held by a single entity, which enhances security and resilience.Immutability: Once a transaction is recorded, it cannot be altered or deleted, creating a reliable and transparent audit trail.Enhanced Security: Cryptography and a distributed structure make the system highly resistant to fraud, cybercrime, and single points of failure.Increased Efficiency & Speed: It removes the need for intermediaries (like banks or brokers) and automates processes through smart contracts, leading to faster, more efficient transactions. Applications and Use Cases Beyond its most famous application as the infrastructure for cryptocurrencies like Bitcoin and Ethereum, blockchain technology is used across various industries: Supply Chain Management: Tracking goods from origin to consumer to ensure authenticity and identify inefficiencies.Finance & Banking: Speeding up cross-border payments, streamlining settlements, and enabling decentralized finance (DeFi) applications.Healthcare: Securely managing patient records and tracking pharmaceuticals through the supply chain to prevent counterfeiting.Real Estate: Facilitating fractional ownership and secure, transparent property title transfers using smart contracts.Voting Systems: Creating secure, tamper-proof voting and identity management systems. "SHARING IS CARING" Disclaimers:Info and knowledge sharing.Not a financial advice. DO YOUR OWN RESEARCH.(DYOR) #FutureTarding #BinanceBlockchainWeek #blockchain #Technology #Binance
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