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#1576 Re: General Discussion » Why does Utopia work with scam projects? » 2023-07-03 23:27:00
Europ;16834 wrote:CrytoCynthia;16825 wrote:Correct. You need also the guardian of a mentor so you don't ingest a wrong piece of information. Cryptocurrency is very delicate, one misinformation can ruin a lot of things.
Lets now talks about "the factors that affects mentorship in crypto world". We all believe their things behind that are need to be considered before choosing to a mentors or being a mentee .
Several factors can affect mentorship in the crypto world the sad thing is that these factors influence the dynamics and effectiveness of mentorship relationships within the crypto community.
One of the factors is the mentor's depth of knowledge and experience in the crypto industry plays a crucial role.
#1577 Re: General Discussion » Anonymity of utopia ecosystem » 2023-07-02 23:14:50
KingCRP;16405 wrote:Anonymity in UtopiaP2P ecosystem remains a very useful utilities for this project and one which it's community members enjoy so much. I think anonymity in UtopiaP2P is much needed.
You have a point but it depends on personal like that depend on what the community members of UtopiaP2P enjoy on the platform.
Yes, but the key feature is that the UtopiaP2P prioritizes user privacy and ensures that all communications and transactions are completely secure and untraceable.
#1578 Re: Channels and Groups » Let's have a sport board » 2023-07-02 23:07:38
joanna;17400 wrote:Vastextension;17399 wrote:Yes, Arsenal will have to work hard in the tournament where Manchester City is now because they are blazing hot but the Arsenal still have a chance though.
About Manchester United with the inclusion of Chelsea, I think it's too early to decide they will threat for now because of the players that bought.
I think Arsenal will be one of the most threats in the English Premier leagues because they are doing well under the management of Mikel Arteta.
Dominik Szoboszlai of the Hungarian national team is now a Liverpool player after being pursued by both teams. RB Leipzig playmaker is acquired by Liverpool.
#1579 Re: General Discussion » What are the benefits of keeping our investment in real life » 2023-07-02 23:00:28
joanna;17392 wrote:level;17390 wrote:They can enable quick and low-cost transfers of value across borders without the need for intermediaries or currency conversions.
The growing interest and investment from individuals and institutions in cryptocurrencies indicate a belief in cryptocurrency potential.
Major financial institutions and tech companies are also exploring and adopting blockchain technology or creating their own digital assets.
However, it is important to note that the future of cryptocurrencies is still uncertain despite the huge potential it presented to the world if Bitcoin ETF is not accepted.
#1580 Re: General Discussion » What are the benefits of keeping our investment in real life » 2023-07-02 22:55:58
joanna;17385 wrote:level;17384 wrote:Cryptocurrencies have the potential to provide financial services to the unbanked and underbanked populations worldwide, as they can be accessed with just a smartphone and an internet connection.
This technically presented potentially empowers individuals in developing countries and fosters financial inclusion.
Cryptocurrencies are decentralized, operating on a distributed ledger system and most people see cryptocurrency as the most liberating decentralized ecosystem.
Meanwhile, this provides transparency, reduces the need for intermediaries, and can potentially eliminate or reduce problems such as fraud, corruption, and censorship.
#1581 Re: General Discussion » What are the benefits of keeping our investment in real life » 2023-07-02 22:53:04
KingCRP;17243 wrote:Well a simple answer is that we keep investment now so that we can make good profits in the future. It's as easy and simple as that .
It is widely believed that cryptocurrencies will continue to be relevant in the future footing the opportunity it posed and some giant companies that are now seeing cryptocurrencies as hedge funds.
Cryptocurrencies are powered by blockchain technology, which has the potential to revolutionize various industries, including finance, supply chain management, voting systems, and more. This also gives crypto the chance to be relevant in the future.
#1582 Re: General Discussion » Are you still using CEX? » 2023-07-02 22:40:32
full;17359 wrote:joanna;17357 wrote:Many countries have implemented AML (Anti-Money Laundering) and CTF (Counter-Terrorist Financing) regulations that require financial institutions, including cryptocurrency exchanges, to verify the identities of their users.
KYC verification may helps exchange mitigate risks related to identity theft, account hacking, money laundering, and other fraudulent activities.
Yes, since. By verifying user identities, the exchange can ensure that accounts are not being misused or accessed by unauthorized individuals.
By implementing KYC procedures since KuCoin is CEX. They demonstrates a commitment to maintaining a secure and compliant trading environment.
#1583 Re: General Discussion » Utopia eco friendliness need to be talked about » 2023-07-02 22:25:11
joanna;17337 wrote:IyaJJJ;17335 wrote:This decentralization offers an alternative to traditional centralized systems, providing greater transparency, security, and resistance to censorship.
The underbanked and unbanked populations, who have little access to conventional banking systems, may be able to receive financial services from cryptocurrencies.
The ability to participate in the global financial ecosystem and carry out peer-to-peer transactions is available to anyone with a smartphone and internet access.
Cryptocurrencies can reduce or eliminate the need for intermediaries in financial transactions, such as banks or payment processing services. By removing third-party involvement, transactions can become more cost-efficient, potentially reducing fees and transaction processing times.
#1584 Re: General Discussion » Why you should use Crypton coin » 2023-07-02 22:18:18
full;17328 wrote:joanna;17326 wrote:Casinos can provide an escape from daily routines and provide a sense of thrill and adventure. The vibrant atmosphere, lights, and sounds can create an exhilarating experience.
Certain casino games, such as poker or blackjack, involve an element of skill and strategy. Some individuals enjoy the challenge of honing their skills and testing their abilities against other players or the house.
Casinos often host special shows, concerts, tournaments, or other events that attract people who enjoy the overall entertainment package that a casino complex can provide.
It is important to note that while many people enjoy the experience of gambling at a casino responsibly, it is always advisable to set limits, gamble within one's means, and prioritize responsible gambling practices.
#1585 Re: General Discussion » Why you should use Crypton coin » 2023-07-02 22:15:37
full;17321 wrote:joanna;17320 wrote:It is important to remember that gambling preferences can vary greatly from person to person, and while some may enjoy the ambiance and experience of a physical casino, many others may be more interested in the game itself or the potential monetary rewards that gambling can bring. Why do some gamblers visit a physical casino?
Many individuals visit casinos for entertainment purposes. They enjoy the thrill and excitement of playing casino games, socializing with others, and experiencing the atmosphere of a casino environment.
Some people see gambling at a casino as a form of recreational activity. They enjoy the challenge, strategy, and risk involved in playing various games.
Casinos can be social environments where people gather to interact with others who share similar interests. It provides an opportunity to meet new people, join in group activities, or enjoy festivities and events organized by the casino.
#1586 Re: General Discussion » Why you should use Crypton coin » 2023-07-02 22:12:04
KAMSI_UG;16809 wrote:Lanistergame2;16764 wrote:That is fair enough but there are lots of people here who are big fans of casino games and they would be delighted if it is added to the ecosystem.
They would be the major target of such an implementation.Beginning a fan of casino game is definitely for gamblers but what's crazy here is that there are many gamblers that are not so much interested in casino.
If you're talking about the traditional casino. Yes, it is true that many gamblers may not be specifically interested in traditional casinos.
Gambling encompasses a wide range of activities beyond just casino games. Some gamblers may prefer sports betting, online poker, lottery games, or other forms of gambling that do not require visiting a physical casino.
#1587 Re: Marketplace » [WTS] UtopiaBET » 2023-07-01 23:26:32
Vastextension;17188 wrote:oba;17187 wrote:No wonder why the above user said the UtopiaBet will be a big one for everyone in the UtopiaP2P ecosystem. Is it possible that the users of the UtopiaP2P ecosystem will participate in gambling?
UtopiaP2P is a versatile and expanding platform, and it is possible that new features and functionalities may be added in the future which will make cryptocurrency that are into gambling join the ecosystem.
Yes, that's true UtopiaP2P always integrates new features and UtopiaBet could be a potential addition to the ecosystem in the future when more users join.
But it's important to note that this is purely speculative and not based on any official information. For the latest updates and announcements, I recommend visiting the official Utopia website or joining their community channels.
#1588 Re: Questions and Help » What's yield farming and staking? » 2023-07-01 23:11:05
full;17174 wrote:joanna;17173 wrote:The value of the staked tokens may change significantly over the course of the staking period because cryptocurrency markets are notoriously volatile. Your staked holdings' total value could decrease if the price of the cryptocurrency you staked drops.
Certain staking protocols employ inflationary token models, whereby fresh tokens are created and given out to stakers as rewards. This encourages participation, but the more tokens that are available for use, the more the value of the tokens that are already in use may be diminished.
There are mechanisms in place in some proof-of-stake (PoS) networks to punish stakeholders for bad behavior or rule violations. Slashing, whether accidental or deliberate, may result in the loss of some of the staked tokens as a punishment.
Because larger stakers frequently reap proportionally greater rewards, staking may cause token concentration within the network. This may undermine the network's desired decentralization by potentially concentrating power and decision-making authority.
#1589 Re: Questions and Help » What's yield farming and staking? » 2023-07-01 23:03:14
joanna;17168 wrote:level;17167 wrote:DeFi protocols frequently have high transaction costs, or "gas fees,", especially on crowded networks like Ethereum. When you conduct numerous transactions, these fees can significantly reduce your potential profits.
There are more regulatory uncertainties because yield farming and decentralized finance (DeFi) are decentralized. The legality and functionality of particular protocols or practices may be affected by changes in local regulations.
Although attractive, the incentives provided by yield farming may not be long-term viable. In order to ensure the project's long-term viability, it is crucial to analyze the tokenomics and comprehend how the rewards are produced.
Before engaging in yield farming or any other DeFi activity, it is essential to conduct in-depth research, evaluate risk tolerance, and carefully weigh the risks and rewards involved. You can reduce risks and make informed decisions if you are aware of any potential drawbacks.
#1590 Re: Questions and Help » What's yield farming and staking? » 2023-07-01 23:00:45
joanna;17163 wrote:level;17162 wrote:Market volatility for cryptocurrencies is well-known.
If you need to sell your positions during times of a market downturn, the value of the tokens you are farming may fluctuate considerably, putting you at risk of losses.The value of the tokens you supply can change in relation to one another when providing liquidity to a decentralized exchange or liquidity pool. As a result, you might end up with less wealth overall than if you had just held the tokens.
Yield farming frequently entails interacting with smart contracts, which may have security flaws. There is a chance of losing all the staked assets, including your initial investment if a smart contract is exploited or hacked.
Yield farming entails having faith in the platforms or protocols where your tokens are staked. Platform failure, exit scams, and coding errors all carry a small but always present risk of causing monetary losses.
#1591 Articles and News » Unpatched WordPress Plugin Flaw Used by Hackers to Create Secret Admin » 2023-07-01 22:55:03
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Up to 200,000 WordPress websites could be targeted by ongoing attacks that take advantage of a seriously unpatched security hole in the Ultimate Member plugin.
The vulnerability designated CVE-2023-3460 (CVSS score: 9.8), affects all variations of the Ultimate Member plugin, including the most recent version (2.6). 6 that was made public on June 29, 2023.
A well-liked plugin called Ultimate Member makes it easier to create user profiles and communities on WordPress websites. Additionally, it offers tools for account management.
WordPress security company WPScan issued an alert stating, "This is a very serious issue: unauthenticated attackers may exploit this vulnerability to create new user accounts with administrative privileges, giving them the power to take complete control of affected sites.
Although specifics of the flaw have been withheld due to active abuse, it was caused by insufficient blocklist logic implemented to change a new user's wp_capabilities user meta value to that of an administrator and gain full access to the website.
According to Wordfence researcher Chloe Chamberland, "the plugin has a preset defined list of banned keys, that a user should not be able to update, but there are trivial ways to bypass filters put in place such as utilizing various cases, slashes, and character encoding in a supplied meta key value in vulnerable versions of the plugin.".
When reports of rogue administrator accounts being added to the affected sites surfaced, the problem became apparent, leading the plugin maintainers to release partial fixes in versions 2.6. 4, 2.6. 5, as well as 2.6. 6. Within the next few days, a fresh update is anticipated.
In its release notes, Ultimate Member identified the issue as "a privilege escalation vulnerability used through UM Forms.". It was widely known that vulnerability made it possible for uninvited guests to create WordPress administrators. ".
However, WPScan noted that the patches are insufficient and that it discovered numerous ways to get around them, indicating that the vulnerability is still actively exploitable.
In the attacks that have been seen, the vulnerability is being used to set up new accounts with the usernames apadmins, se_brutal, segs_brutal, wpadmins, wpengine_backup, and wpenginer in order to upload malicious plugins and themes via the site's administration panel.
Ultimate Member users are advised to deactivate the plugin until a suitable patch that fully closes the security hole is made available. Auditing every website administrator user to see if any unauthorized accounts have been added is also advised.
#1592 Re: Questions and Help » What's yield farming and staking? » 2023-07-01 22:49:20
joanna;17153 wrote:level;17152 wrote:Yes, but those who wish to take part in their staking must first acquire the particular cryptocurrency needed for staking on the selected network.
Depending upon the network. We have crypto where you can either choose to stake directly by running a node or validator yourself, or you can delegate your staking coins to a validator or staking pool, allowing them to stake on your behalf. For those who lack the technical know-how or resources to manage a node, delegation may be a more convenient option.
Delegate your staking tokens to a validator or transfer them to the staking address. This procedure typically entails locking up your tokens for a predetermined amount of time, making them unavailable for other uses during that time. However, UtopiaP2P staking resolves all of these problems.
You can actively participate in the consensus process of the network by taking part in staking. You are rewarded for your contributions with extra coins or a cut of the network's transaction fees. The network's crypto economics and the amount staked are two variables that affect the rewards earned.
#1593 Re: Questions and Help » What's yield farming and staking? » 2023-07-01 22:47:46
joanna;17138 wrote:level;17137 wrote:Participating in the developing DeFi ecosystem through yield farming may allow you to earn additional cryptocurrency rewards.
Before engaging in any yield farming activities, it is crucial to use caution, do extensive research, and think about your risk tolerance and investment goals. Do you guys have any opinions on staking?
Staking is the process by which users lock up their cryptocurrency assets to support the functionality and security of a blockchain network or decentralized platform, but the UtopiaP2P ecosystem is the only platform where the user coin is not lockup when staked.
In the meantime, participants stake their coins to validate transactions and secure the network in exchange for rewards or incentives in the form of extra cryptocurrency tokens.
#1594 Re: Questions and Help » What's yield farming and staking? » 2023-07-01 22:28:32
joanna;17133 wrote:level;17132 wrote:It's crucial to keep in mind that within decentralized finance, yield farming can be a challenging and quickly changing field. In light of this, the risk involved should not be ignored.
Yes, yield farming has some risks, including the potential for impermanent loss that can happen when the value of the assets in a liquidity pool changes, smart contract vulnerabilities, market volatility, and so on.
Research the platforms, protocols, and related risks in great detail before engaging in yield farming. Recognize the projects you are thinking about's tokenomics, mechanism, and potential returns.
Gas fees—transaction costs associated with interacting with DeFi protocols—can vary depending on network congestion and protocol usage.
#1595 Re: Questions and Help » What's yield farming and staking? » 2023-07-01 22:26:42
joanna;17126 wrote:level;17124 wrote:Depositing your cryptocurrency into liquidity pools is a common method of yield farming for supplying liquidity. Through these pools, other users can buy or borrow assets, and you get paid for supplying liquidity.
You are rewarded with additional tokens in return for supplying liquidity. The platform's native tokens or other tokens linked to the particular protocol may be used as these rewards.
A user must stake or lock their earned tokens in some yield farming programs in order to keep receiving rewards. Users are encouraged to use and support the platform as a result of this.
Keep an eye on the platform's functionality, your farming operations, and any potential risks. Analyzing elements like return rates, costs, and smart contract security is crucial.
#1596 Re: Questions and Help » What's yield farming and staking? » 2023-07-01 22:20:31
oba;16968 wrote:There's a lot of confusion about yield farming and staking in the cryptocurrency market in other to save some newbies among us from making mistakes or having the wrong interpretation of what yield farming and staking is about I created this topic.
In your own language and understanding. What's yield farming and staking?Yield farming, also referred to as liquidity mining, is a decentralized finance (DeFi) practice where users can receive rewards for lending, staking, or providing liquidity to decentralized protocols or platforms.
But it entails using cryptocurrency assets to earn money, usually in the form of more cryptocurrency tokens.
#1597 Re: General Discussion » Crypton (CRP) price » 2023-06-30 22:27:21
IyaJJJ;16907 wrote:thrive;16905 wrote:These measures can provide peace of mind and help investors make rational decisions based on predetermined parameters rather than impulsive emotions.
Emotions can heavily influence investment decisions, and panic selling often results from fear or anxiety during market downturns.
Developing emotional resilience and the ability to control impulsive reactions can help investors make more rational decisions based on research and analysis rather than short-term emotions.
Consulting with old cryptocurrency investors for investment advice, or experienced traders can provide additional guidance and insights during turbulent market conditions.
#1598 Re: General Discussion » Crypton (CRP) price » 2023-06-30 22:26:15
joanna;16903 wrote:level;16902 wrote:Having a clear investment strategy and goals can help investors stay focused and avoid making impulsive decisions based on short-term market movements.
By setting realistic and achievable targets, investors can maintain discipline and avoid panic selling during periods of market volatility.
There's a need for implementing risk management strategies, such as setting stop-loss orders or establishing a predetermined exit strategy, which can help limit potential losses and minimize panic selling.
These measures can provide peace of mind and help investors make rational decisions based on predetermined parameters rather than impulsive emotions.
#1599 Articles and News » The police have disconnected the worldwide phone fraud network. » 2023-06-30 22:23:39
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With the help of Europol, law enforcement agencies from Germany, Poland, and the United Kingdom located and apprehended the leader of a criminal organization that had defrauded hundreds of senior citizens. The suspect was apprehended close to London, where he oversaw a network of fraudsters that primarily preyed on German and Polish citizens. When executing the arrest warrant issued by Polish authorities, officers searched the suspect's home and seized important evidence, including mobile phones. While this was going on, five locations were searched by German police, and they found over EUR 160 000 in cash, gold bars, coins, jewelry, phones, and other electronic devices.
Secret accomplices sent to collect money.
The organized criminal network was particularly skilled at calling elderly people in Poland and Germany while posing as police officers or other representatives of the state. The victims were informed that one of their relatives was to blame for a car accident or other similar incident that caused injuries or other people's deaths. The scam caller would hand the phone to a companion who would frantically beg the victim for assistance while crying or screaming into the phone. This tactic was used to shock the elderly person, which allowed the caller to carry out the scam and request payment to avoid the false relative's arrest.
The thieves would explain the handover process to the victim before sending someone to pick up the money at the victim's door. The criminal network used online job boards to find unwitting accomplices for this task in order to minimize exposure and reduce the chance of being apprehended.
Over 70 participants in the scam were detained during the course of the investigation, sometimes while they were soliciting money at the victims' homes. Around 5 million euros worth of losses are estimated to have been caused overall, but this successful takedown may have prevented up to 14 million euros worth of losses.
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Damage to finances, emotional distress, and loss of authority as a result.
Scam calls impersonating police and judicial officials that target senior citizens present a serious threat and have a lasting effect on the victims. Aside from the suffered and frequently irreparable financial damage, it can result in emotional distress and a loss of faith in legitimate authorities.
Other impersonation scams include the so-called grandchild or nephew trick, in addition to impersonating authorities, including members of law enforcement and, in some cases, healthcare personnel. In these situations, the offenders assume the identity of close family members of the targeted victims, who are typically elderly, and pretend to have experienced financial, legal, or medical difficulties in order to fraudulently obtain money.
Fraudulent impersonation criminal networks pose a serious threat to the EU and are highly adaptable to broader developments. For instance, some criminals modified their plots during the COVID-19 pandemic to have victims believe they were sick family members in need of assistance.
Avoid giving out personal or financial information to opportunistic callers to protect yourself from scam calls. Never give money or make payments to law enforcement or other officials over the phone or in person by having them knock on your door. If you get a call like this, hang up right away, and dial 911.
Position of Europol.
Three operational meetings organized by Europol and held in The Hague and the UK helped to support this investigation. Additionally, Europol examined the supplied data and provided the investigators with specialized knowledge of this criminal activity. .
authorities taking part:.
Germany: Landeskriminalamt Baden-Württemberg (Bureau of Investigation Baden-Württemberg).
Poland: Biuro Kryminalne Komendy Gównej Policji (Criminal Bureau of the National Police Headquarters in Warsaw); Komenda Wojewódzka Policji w Katowicach (Vivoidship Police Headquarters in Katowice).
The National Crime Agency is located in the UK.
#1600 Re: General Discussion » Crypton (CRP) price » 2023-06-30 22:15:31
full;16753 wrote:Vastextension;16752 wrote:This is why it's good to educate oneself about the fundamentals, market trends, and potential risks of crypto before investing in it to reduce the likelihood of panicking during market fluctuations.
Adopting a long-term investment mindset can help investors weather short-term volatility.
Understanding that cryptocurrency markets can be highly volatile and that prices can fluctuate significantly in the short term can help investors stay calm and focused on their long-term investment goals.
Diversifying your cryptocurrency portfolio can help mitigate the impact of sudden price drops in a particular asset.