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#1526 Re: Crypton Purchase, Sale and Exchange » LBank Exchange listed CRP » 2023-06-06 23:37:14
full;12458 wrote:joanna;12457 wrote:I could remember the time people are complaining about the exchange while some people believe the issue is from the UtopiaP2P team and I am glad that the Utopia development team did something about it.
Yes, I am glad either that the UtopiaP2P development did something about it because after the news was widespread and people are warned to stay away from the exchange some people still make use of it.
Honestly, i read about the people that still make use of the exchange after all the advise and what was reported about the exchange shady activities.
According to what you guys pointed out now. Whenever are see some cryptocurrency investors that make that mistake I always advise them to leave the market because they will continue to dig their own graves.
#1527 Re: Crypton Purchase, Sale and Exchange » LBank Exchange listed CRP » 2023-06-06 23:17:17
full;12454 wrote:IyaJJJ;12453 wrote:I understand your impression since scammers are coming up with different strategies just to steal from people that are seem vulnerable.
I think people need to familiarize themselves with the way scammers operate so they could be safe when browsing the internet and the same thing goes for exchange either.
What you said about exchange reminds me of the LaToken exchange and how it provided shady trading for Crypton coin last year which a lot of people make lost.
The issue about the LaToken exchange is crazy and I was one of the victims because when I see that the price of Crypton is cheap I quickly went on there to buy some Crypton coins with the hope of doing arbitrage trading not knowing that I am lying to myself.
#1528 Re: Crypton Purchase, Sale and Exchange » LBank Exchange listed CRP » 2023-06-06 23:09:00
joanna;12446 wrote:Vastextension;12445 wrote:In other words, I will advise people to stay away from free application services, especially the application that have to do with antivirus and internet security.
You have a point but it is not all free service applications that people should stay away from. Remember, the UtopiaP2P ecosystem also offer free service just to make privacy available to everybody.
Yes, you're right but I am not talking about the UtopiaP2P ecosystem. I was relating to free antivirus which could be a strategy of online scammers.
I understand your impression since scammers are coming up with different strategies just to steal from people that are seem vulnerable.
#1529 Articles and News » SEC Charges Coinbase » 2023-06-06 23:00:49
- IyaJJJ
- Replies: 0
The Securities and Exchange Commission today charged Coinbase, Inc. with operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency. The SEC also charged Coinbase for failing to register the offer and sale of its crypto asset staking-as-a-service program.
Unregistered Exchange, Broker, and Clearing Agency
According to the SEC’s complaint, since at least 2019, Coinbase has made billions of dollars unlawfully facilitating the buying and selling of crypto asset securities. The SEC alleges that Coinbase intertwines the traditional services of an exchange, broker, and clearing agency without having registered any of those functions with the Commission as required by law. Through these unregistered services, Coinbase allegedly:
Provides a marketplace and brings together the orders for securities of multiple buyers and sellers using established, non-discretionary methods under which such orders interact;
Engages in the business of effecting securities transactions for the accounts of Coinbase customers; and
Provides facilities for comparison of data respecting the terms of settlement of crypto asset securities transactions, serves as an intermediary in settling transactions in crypto asset securities by Coinbase customers, and acts as a securities depository.
As alleged in the SEC’s complaint, Coinbase’s failure to register has deprived investors of significant protections, including inspection by the SEC, recordkeeping requirements, and safeguards against conflicts of interest, among others.
The SEC’s complaint also alleges that Coinbase’s holding company, Coinbase Global Inc. (CGI), is a control person of Coinbase and is thus also liable for certain of Coinbase’s violations.
Unregistered Offer and Sale of Securities in Connection with Staking-as-a-Service Program
The SEC alleges that, since 2019, Coinbase has been engaging in an unregistered securities offering through its staking-as-a-service program, which allows customers to earn profits from the “proof of stake” mechanisms of certain blockchains and Coinbase’s efforts. Through this staking program, Coinbase allegedly pools each type of customers’ stakeable crypto assets, stakes the pool to perform blockchain transaction validation services, and provides a portion of the rewards generated from this work to its customers whose assets were part of the pool. Coinbase failed to register its offers and sales of this staking program as required by law.
“We allege that Coinbase, despite being subject to the securities laws, commingled and unlawfully offered exchange, broker-dealer, and clearinghouse functions,” said SEC Chair Gary Gensler. “In other parts of our securities markets, these functions are separate. Coinbase’s alleged failures deprive investors of critical protections, including rulebooks that prevent fraud and manipulation, proper disclosure, safeguards against conflicts of interest, and routine inspection by the SEC. Further, as we allege, Coinbase never registered its staking-as-a-service program as required by the securities laws, again depriving investors of critical disclosure and other protections.”
"You simply can’t ignore the rules because you don’t like them or because you’d prefer different ones: the consequences for the investing public are far too great,” said Gurbir S. Grewal, Director of the SEC’s Division of Enforcement. "As alleged in our complaint, Coinbase was fully aware of the applicability of the federal securities laws to its business activities, but deliberately refused to follow them. While Coinbase’s calculated decisions may have allowed it to earn billions, it’s done so at the expense of investors by depriving them of the protections to which they are entitled. Today’s action seeks to hold Coinbase accountable for its choices.”
The SEC’s complaint, filed in U.S. District Court for the Southern District of New York, alleges that Coinbase and CGI violated certain registration provisions of the Securities Exchange Act of 1934 and that Coinbase violated the securities offering registration provisions of the Securities Act of 1933. The complaint seeks injunctive relief, disgorgement of ill-gotten gains plus interest, penalties, and other equitable relief.
The SEC’s investigation was conducted by Serafima McTigue, Erin E. Wilk, Amy Mayer, Joy Guo, Elizabeth Goody, and Derek Kleinmann of the Division of Enforcement’s Crypto Assets and Cyber Unit, with the assistance of Ellen Chen of the San Francisco Regional Office. It was supervised by Steven Buchholz, Jorge G. Tenreiro, and David Hirsch of the Crypto Assets and Cyber Unit, as well as Danielle Voorhees, Nicholas Heinke, and Jason Burt of the Denver Regional Office. The SEC’s litigation will be conducted by Nick Margida, Peter Mancuso, and Ben Kuruvilla and supervised by Ladan Stewart, Jorge G. Tenreiro, and Olivia Choe.
#1530 Re: Channels and Groups » channel for writers » 2023-06-05 23:25:25
level;12240 wrote:joanna;12239 wrote:You're totally right. We have some people in the cryptocurrency market that grab good potential and one of the industry-leading cryptocurrencies at the early stage choose to sell early cause they didn't know the importance of the crypto they grab.
It is not easy to fully understand the benefit of cryptocurrency during the early stage of the project launch and i could remember when Ethereum was introduced then a lot of cryptocurrency investors underestimated it.
The same underestimation is currently happening to the Crypton coin of the UtopiaP2P ecosystem and I hope people will be wise enough not to lose the opportunity.
The best wait to not miss the benefit of a project is to know the project product benefit, service, or action is meant to achieve. The benefit can only be understood in the context of its purpose.
#1531 Re: Channels and Groups » channel for writers » 2023-06-05 23:17:28
Comrade;12089 wrote:oba;12075 wrote:UtopiaP2P development being in the front right of development is something I believe every user of the ecosystem that follows the development team procedure ought to know.
utopia p2p ecosystem is surrounded with a lots of values and knowledge lurking around for people to grab
That's and the more people learn about the UtopiaP2P ecosystem project and there's something for them to grab to increase their betterment.
You guys said the fact about the UtopiaP2P ecosystem benefit but it's not about the more people grab but knowing the benefit of what they grab.
#1532 Re: Questions and Help » what happens if CRP is lost » 2023-06-05 23:01:25
oba;12076 wrote:Comrade;11980 wrote:Its not only about CRP but its the whole policy of crypto coin. Just as you have said. Its more important to pay close attention to every transaction process and make sure its confirm from both side .
Yes, it is a policy that's for all cryptocurrencies but the policy appears to be mostly for Crypton coin since it transaction confirmation are instant and there's no way to cancel every transaction.
When all blocks in a transaction has been confirmed then it's practically impossible to reverse that transaction and that's the plain truth.
It is when your transaction is confirmed not when all blocks in a transaction are confirmed and when a transaction is included in a block it is technically confirmed though it may not have all the needed number of confirmations yet.
#1533 Re: Utopia Guides » Guides, Precaution for P C and Utopia » 2023-06-05 22:50:54
oba;11657 wrote:crpuusd;11594 wrote:Seem like this platform is getting really interesting, the aid of super duper developer at lead keeps me wondering why was i not here in the first place. Good job Utopia, Good job to all supporters as well.
Why was I not here in the first place is the major question every enthusiast of the UtopiaP2P ecosystem ask themselves and it's good you're here now just make the best out of it.
He dat have no place like here, have no place to stay. Its a good job going on here a lot of people are proud of this exception Utopia platform.
Those who desire complete online security and privacy would find UtopiaP2P to be an excellent option, featuring untraceable systems, decentralized systems, file-sharing, and instant messaging.
#1534 Re: Articles and News » Twitter is now offering encrypted direct messages to verified users. » 2023-06-05 22:44:11
Comrade;11941 wrote:level;11841 wrote:No matter the things he (Elon Musk) believes or not he also damaged the reputation of Twitter through his restricted rules and unexpect ban of user account.
Its has turn out to be of a great lost to him so far, his irrational behavior has brought up misfortune to him.
It does bring up misfortune to him if not for the cryptocurrency Twitter community won't have voted him out as the Twitter CEO and sure people are happy with how Twitter is operated after Elon Musk step down.
It does bring up misfortune to him if not for the cryptocurrency Twitter community won't have voted him out as the Twitter CEO and sure people are happy with how Twitter is operated after Elon Musk step down.
#1535 Re: Utopia Guides » Groups where you can earn extra money. » 2023-06-05 22:36:54
Comrade;12088 wrote:oba;12073 wrote:This is not about rookies or newbies no matter what you call it but the above user was right about the affiliate marketing to be hosted by stores and big brands like Samsung.
Some people don't understand the power of affiliate marketing..
Let me tell them something about affiliate marketing. Do you actually know that they can link with any site and getting customer to pay with crypto to purchase a product?Yes, affiliate marketing can link to any website but it's mostly linked to social media, Pinterest, etc. However, getting the requirements is based on individual knowledge and location if affiliate marketing is really easy as you talk about every internet user will be a millionaire.
From my own understanding affiliate marketing is best for influencer which have huge social media followers or subscribers on Youtube.
#1536 Re: General Discussion » Anonymity of utopia ecosystem » 2023-06-05 22:30:15
oba;12078 wrote:MRBEAST;11795 wrote:Well rather than save my money in the Bank I would rather save it in cryptocurrency or if I was not a cryptocurrency enthusiast I would rather go for real estate.
Investment in real estate can be volatile in nature and if you're going to invest in real estate make sure it is in the environment where millionaires and billionaires reside.
Anyway i will always go for cryptocurrency.Investing in real estate is volatile in the sense that the price always very often go up, it's difficult to see the price of a land property go down.
Yes, the price of land always appreciates I believe that's because of the increase in population and limited settlement in some geographical areas.
#1537 Re: Questions and Help » Can Crypton be used on NFT » 2023-06-05 22:26:39
KAMSI_UG;12119 wrote:oba;12074 wrote:I do see the NFT being part of the UtopiaP2P ecosystem plan soon or next year but I am sure the Utopia development team will make an announcement if something comes up.
Well mate I choose to differ I actually don't see NFT as part of the UtopiaP2P ecosystem anytime soon because honestly the ecosystem doesn't need it.
Why do you believe the UtopiaP2P ecosystem doesn't need NFT?
I think you're missing one thing about the UtopiaP2P project. It was said to be all in one kit. Technically it ought to provide privacy in all areas.
Yes, UtopiaP2P need to join the NFT market and make privacy available there since the development team of UtopiaP2P said they are going to make privacy available almost everywhere.
#1538 Re: Crypton Purchase, Sale and Exchange » LBank Exchange listed CRP » 2023-06-05 22:00:20
Kelechi;12111 wrote:oba;12079 wrote:You have a valid point because the reason why i joined the UtopiaP2P ecosystem in the first place is the Crypton coin before I later know the ecosystem also has vast important tools and benefits.
Well I actually first learnt about UtopiaP2P and the fact that it's a decentralized project made me appreciate it even more and I found out about CRP crypton later on.
Same here I learn about the UtopiaP2P ecosystem privacy provision before I later know they have a cryptocurrency and other valuable features.
I learn about the project through the performance of Crypton coin when it was among the top trending on CoinGecko
#1539 Re: General Discussion » Crypton in the next six month » 2023-06-05 21:56:17
JONSNOWING;12109 wrote:level;10787 wrote:Yeah. I know some cryptocurrency enthusiasts are impatient when it comes to long transaction confirmation when using cryptocurrency as payment and I also believe that cryptocurrency investors or enthusiasts will use alternative means.
The future will tell I know, but am yet to see any Cryptocurrency that I would prefer over the CRP Crypton . And there are high chances of more investors grabbing the CRP Crypton as long it keeps up this pace
Well right now I would have to be very honest I only prefer Bitcoin and maybe Ethereum over CRP crypton in the crypto-currency market right now. CRP crypton has the potentials of doing very well .
It's normal for you to prefer Bitcoin and Ethereum since they are the major player in the cryptocurrency market but when diversification of portfolios in other to secure your chance come to play there's no way you won't add Crypton coin to your Bitcoin and Ethereum bag.
#1540 Re: General Discussion » Warning: Don’t leave your funds on an exchange/crypto service » 2023-06-04 23:11:09
joanna;12038 wrote:full;12036 wrote:Therefore, Cryptocurrencies must be kept in a non-custodial wallet where the owner has complete control over their private keys in order to maintain the security and privacy of their digital assets, especially through uWallet where CRP coin will receive monthly passive income.
Meanwhile, non-custodial wallets come in a variety of forms, including hardware wallets, desktop wallets, mobile wallets, paper wallets, and more. Since each type has pros and downsides, the choice is ultimately up to the user and the user must avoid human error when using the wallet.
fake news can be used to manipulate people's behavior, leading to product sales, support for various causes, and even recruitment into extremist groups.
Fake news can fuel selective exposure, confirmation bias, and social media echo chambers that reinforce people's beliefs, dividing cryptocurrency supporters into opposing camps.
#1541 Re: Merchants Accepting Crypton » 1800+ merchants accepting Crypton CRP and Utopia USD » 2023-06-04 23:01:38
CrytoCynthia;11785 wrote:JONSNOWING;11754 wrote:I also knew there was no chances of the Utopia P2P developer team coming online to announce they are hiring, Utopia cannot put up such information on the forum where individuals from all works of life come together. I suggest we get our facts right always before spreading it
Well that said I think we should not keep spreading that news because it may be false and actually false news tend to spread faster, so until an official statement is made it's false.
Yes, the news shouldn't be spread since it is easy to danger thing than repair it and there's nothing good that always comes from false news.
Agreed since false information disseminated by false news can lead to misunderstandings and misinformation, which can result in inaccurate beliefs, judgments, decisions, and actions.
#1542 Re: General Discussion » Warning: Don’t leave your funds on an exchange/crypto service » 2023-06-04 22:52:12
joanna;12038 wrote:full;12036 wrote:Therefore, Cryptocurrencies must be kept in a non-custodial wallet where the owner has complete control over their private keys in order to maintain the security and privacy of their digital assets, especially through uWallet where CRP coin will receive monthly passive income.
Meanwhile, non-custodial wallets come in a variety of forms, including hardware wallets, desktop wallets, mobile wallets, paper wallets, and more. Since each type has pros and downsides, the choice is ultimately up to the user and the user must avoid human error when using the wallet.
In conclusion, the proverb "Not your keys, not your crypto" exhorts cryptocurrency owners to be accountable for protecting their digital assets.
Yes, owning and protecting one's private keys removes the possibility of a third-party central authority being compromised, which could result in complete loss.
#1543 Re: General Discussion » Warning: Don’t leave your funds on an exchange/crypto service » 2023-06-04 22:49:01
joanna;12032 wrote:full;12031 wrote:Yes. The saying "Not your keys, not your crypto" is frequently used in the cryptocurrency community to emphasize how crucial it is to possess and secure one's private keys. It implies that you don't genuinely own the cryptocurrency if you don't possess the private keys to your crypto wallet.
For the benefit of newbies in our midst. Private keys are used in the context of cryptocurrencies to access and approve transactions on the blockchain and should be kept safe as a result.
The whole cryptocurrency inside a wallet can be controlled by someone else if they have access to the private keys, including the power to conduct transactions and move money without your consent.
Customers' private keys being kept by centralized cryptocurrency exchanges, which serve as their custodians is the reason people are advised not to use a centralized exchange as storage.
#1544 Re: General Discussion » Warning: Don’t leave your funds on an exchange/crypto service » 2023-06-04 22:45:06
crpuusd;11878 wrote:Comrade;11875 wrote:You are funny, it actually not good to miss out the overwhelming benefits creates by the ecosystem
This kind of good and i must say its well okay that if we received the advice and get use to it then we can still be here to keeps up bring help to the table.
Yes, it is good to follow the advice of not saving cryptocurrency on a centralized exchange as you said but for some reason, it is good to have cryptocurrency on a centralized exchange.
It is not good to leave funds on centralized exchange as you guys said but you're missing the real concept and the fact about it because the use of centralized exchange as storage is what is not good.
#1545 Re: Merchants Accepting Crypton » 1800+ merchants accepting Crypton CRP and Utopia USD » 2023-06-04 22:42:56
KAMSI_UG;11707 wrote:I am still exploring which my options on which merchant to go for and to see if one of them is available in my location but so far no luck
It depends on the service you're looking for though and to find the merchant that's available in your region you'll first need to select the right category.
There's also an available search box in the merchant's list section and he could just search for the merchant he knows is available for his region maybe it will be on the list.
#1546 Re: Merchants Accepting Crypton » 1800+ merchants accepting Crypton CRP and Utopia USD » 2023-06-04 22:40:37
CrytoCynthia;11785 wrote:JONSNOWING;11754 wrote:I also knew there was no chances of the Utopia P2P developer team coming online to announce they are hiring, Utopia cannot put up such information on the forum where individuals from all works of life come together. I suggest we get our facts right always before spreading it
Well that said I think we should not keep spreading that news because it may be false and actually false news tend to spread faster, so until an official statement is made it's false.
Yes, the news shouldn't be spread but it is not only false news that spread faster because it is every piece of news that actually spread faster.
Yes, news spread faster and it depends on the professionalism of the journalist that takes over the news and how the people want to know about the news.
#1547 Re: Utopia Guides » Utopia Tutorials - Buy Crypton (CRP) from ZG.com » 2023-06-04 22:39:31
full;12019 wrote:level;12018 wrote:This native integration of Crypton Exchange with its broader UtopiaP2P ecosystem is consistent with the privacy and security principles that underpin the UtopiaP2P.
Its user-friendly interface ensures that users have all the necessary features without sacrificing their convenience.
With the use of cutting-edge technologies, Crypton Exchange is specifically created for efficient and safe cryptocurrency trading. This ensures quick and fully automated deposits and withdrawals.
On the exchange, there are no restrictions on deposits or withdrawals. Users of cryptocurrencies can transact with Crypton Exchange in a seamless and secure manner overall.
#1548 Re: Utopia Guides » Utopia Tutorials - Buy Crypton (CRP) from ZG.com » 2023-06-04 22:34:13
full;12014 wrote:Europ;11825 wrote:as little as I understand the Crypton exchange has been one of the fastest and secured exchange
Wish you gone love itCrypton exchange is no doubt the world's number one cryptocurrency exchange that offers the fastest secure anonymous cryptocurrency trading service in the whole market.
Apart from the Crypton Exchange rank as the world's fastest cryptocurrency exchange it also has more benefit other than that.
Yes, that's true. Crypton exchange does have other benefits like trading is active around-the-clock, without a break for weekends or holidays.
#1549 Re: General Discussion » What do you enjoy doing outside of crypto? » 2023-06-04 22:07:44
JONSNOWING;11887 wrote:Europ;11826 wrote:well actually what amuse me most at this particular moment is learning development and gaining more knowledge sometimes I might go out to catch some fun with friends
Which is quite therapeutic mate, One must not get too overworked at all times. I read books(novels) to relax my mind and drawing too. This activities help keep one’s mind away from the rise and fall that may come up in any Cryptocurrency
There is the best way to relax the mind mate and I don't see reading or drawing as one because they still consist of things that have to do with your attention instead of calming your nerve. Books give more learning and knowledge not relaxation.
Based on my knowledge one of the primary purposes of reading a novel is to entertain oneself while exercising, yoga and meditation is the way to calm the nerve.
#1550 Re: General Discussion » Beware of crypto recovery services! » 2023-06-03 23:46:39
full;11861 wrote:joanna;11860 wrote:The size of the network supporting a particular cryptocurrency can impact decentralization. A larger network may be more decentralized, as there are more nodes supporting the network.
In some cryptocurrencies, a small number of mining pools may control a large percentage of the mining power, which can limit the overall decentralization of the network.
Some cryptocurrencies' development control may be more centralized, with a smaller set of developers wielding more power than a larger community.
If a cryptocurrency is not widely adopted, it may lack the network effects necessary to sustain decentralization.