LEARN HOW TO EARN $500 MONTHLY FROM CRYPTO

-
Image
Earning $500 monthly from cryptocurrency involves a combination of strategies, including trading, staking, and participation in decentralized finance (DeFi) platforms.  Here are some steps and ideas to get you started: 1.  Understand the Basics of Cryptocurrency  Learn about cryptocurrencies : Familiarize yourself with different types of cryptocurrencies, including Bitcoin, Ethereum, and altcoins. Know the Market : Understand market trends, price movements, and news about cryptocurrency. 2.  Trading Cryptocurrencies Choose a Trading Platform : Use a reputable exchange like Binance, Coinbase, or Kraken. Start Small : Begin with a smaller investment to understand the risks and market dynamics. Educate Yourself : Use resources like books, online courses, and cryptocurrency forums to learn trading strategies. Diversify : Don’t put all your eggs in one basket. Diversify your portfolio across different cryptocurrencies. 3.  Staking Understand Staking : Staking involve...
Post a Comment

TETHER CRYPTOCURRENCY RAISES CONCERNS AS UN REPORTS SURGE IN ILLICIT ACTIVITIES AND ORGANIZED CRIME

-
The United Nations Office on Drugs and Crime (UNODC) has recently published a report expressing apprehensions regarding Tether, one of the most widely traded cryptocurrencies globally. The focus of concern lies in Tether's increasing utilization as a preferred tool for criminal activities such as money laundering and fraud, particularly in the regions of East and Southeast Asia.

Tether, known for its stability, user-friendly interface, anonymity features, and low transaction fees, has attracted criminals seeking a convenient platform for illicit financial operations. The UNODC report highlights a notable upswing in cyber fraud, money laundering, and underground banking cases, with Tether emerging as a popular choice, particularly within online gambling platforms.

Jeremy Douglas from the UNODC warns of a parallel banking system created by organized crime groups, taking advantage of the combination of loosely regulated online casinos and cryptocurrencies. He emphasizes the lack of effective crypto regulations, leaving vulnerabilities that criminal entities exploit.

Tether, classified as a stablecoin, aims to maintain stability by pegging its value to real-world assets. However, concerns regarding transparency issues and past fines, including a $41 million penalty by the U.S. Commodity Futures Trading Commission in 2021, have intensified scrutiny on the cryptocurrency.

Despite these challenges, it's worth noting that Tether currently holds the highest daily trading volume among cryptocurrencies, with over $29 billion traded in the past 24 hours. This significant trading activity underscores Tether's prominence in the market, even amidst growing concerns about its role in facilitating illicit activities.

The UNODC report also points out that blockchain analytics firms indicate "less than 1%" of all cryptocurrency payments are illicit, offering a perspective on the broader landscape of cryptocurrency transactions.

Comments

Post a Comment

Thanks for subscription and always keep in touch with us.

Popular posts from this blog

"OKX UNLEASHES UPGRADE STORM: ELEVATING USER EXPERIENCE WITH A GAME-CHANGING EXCHANGE SYSTEM OVERHAUL!"

-
Image
OKX   has announced plans for an Exchange system upgrade on Jan 25, 2024, from 6:30 to 6:40 am UTC , aiming to enhance services and user experience.  The 10-minute upgrade duration is subject to potential variations. Features such as deposits, withdrawals, transfers, Convert, and various financial products will be temporarily unavailable.  Website access and record viewing will continue unaffected. Traders with open positions are advised to assess account risk, as adding margins through transfers won't be possible during the upgrade.  Your understanding and support are appreciated. Start your trading journey with OKX by downloading the app from PLAYSTORE OR APP STORE. Use the code 86187083 and get a mystery box worth $50 in crypto-currency.
Read more

"PORNHUB'S GLOBAL PULSE: TOP VIEWERSHIP NATIONS OF 2023 REVEALED AMIDST INDUSTRY CONTROVERSIES"

-
Image
Pornhub recently disclosed its rankings for the top countries with the highest viewership in 2023. Launched in 2007 by the Canadian company MindGeek, Pornhub's popularity soared due to its expansive collection of user-generated adult content and a user-friendly interface. Despite facing criticism and legal challenges related to unauthorized content and exploitation, it secured the second spot among the most visited adult websites globally, just behind xVideos. Over the years, Pornhub has evolved into a major player in the adult entertainment industry, establishing itself as the 14th most visited website worldwide. The platform allows users to freely upload, share, and view adult content. However, its success has been accompanied by controversies, drawing attention to issues such as unauthorized content and exploitation. The recent rankings for 2023 highlight the United States as the top country in terms of viewership, followed by the Philippines, and concluding with Sw...
Read more