🤝 Coinfest Asia 2024 is a key event for networking, learning, and exploring the future of Web3 technologies, both in the Asia region and globally.
📍 Venue: Nuanu, Bali, Indonesia
🗓 Date: August 22-23, 2024
🔎 Visit Official Website for more info
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This September, TOKEN2049, the world's largest Web3 event, returns to Singapore, bringing together tech enthusiasts from around the globe.
This event will be a celebration of technology and innovation that promises to open doors to new opportunities and experiences.
🗓 Date: September 18-19
📍 Location: Marina Bay Sands, Singapore
🎟 Register now at TOKEN2049
💠 Engage with leaders as they share their insights and visions for the future of cryptocurrency and Web3 technology, including:
and many more experts in the field
💠 Interactive Experiences
Dive into VR zones, explore AI-driven art, and participate in sports and entertainment activities
💠 Startup Competition
Witness innovation at its best, with 10 groundbreaking projects showcased!
TOKEN2049 is supported by industry giants like OKX, BingX, TRON DAO, DWF Labs, Bitget, and Bullish, underscoring the event's global significance.
Join us at TOKEN2049 Singapore and prepare for a week of inspiration, connection, and discovery!
⭐️ Token2049 Official Media Channels:
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How do you expect the blockchain market to perform in the last month of Q3/2024?
Anonymous Poll
71%
Bullish Trend
14%
Stable Performance
11%
Bearish Trend
4%
Uncertain
After a long week, Weekly Overview is back, bringing the most comprehensive news of BSCS in the past 7 days!
👉🏻 Let's see if you missed any news!
I. New Partner
II. Event and Highlight News
III. Under Development
💠 DEX View
- Optimize and enhance the overall user experience
IV. Communities
• Telegram Channel: 88,968
• Twitter: 418,163
• Youtube: 18,400
• Facebook: 11,944
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🔊Weekly Market Highlights #112: August 19 - August 25
✨The cryptocurrency market, led by BTC, began to rise sharply after the US Federal Reserve announced plans to cut interest rates, ending a prolonged period of high rates.
✨Over the past week, the crypto market total capitalization increased by ~$188B (from ~$2,075B to ~$2,263B).
✨BTC Calms at $64K
✅The business week began poorly for BTC, as it struggled to break through the $60K mark, resulting in a $2K drop on Monday. Despite recovering most of those losses on Tuesday and Wednesday and making several attempts to surpass $60K, it only managed to do so on Friday.
✅On Friday, the bulls took charge, driving BTC from around $60.5K to $64K, with a further surge to $65K on Saturday morning. This impressive rally may be attributed to several factors.
✅However, BTC couldn't sustain this momentum and retracted about $1K shortly after. Currently, it's finding it challenging to stay comfortably above $64K, though its market capitalization remains robust at over $1,262B on CoinMarketCap.
✨TON Slumps Hard
✅On the weekly chart, many top altcoins have seen significant gains, with AVAX leading the pack with a 27% increase, now trading around $26.7. It’s followed by TRX (+22%), LINK (+19%), and SHIB (+14%), trading at approximately $0.165, $12.1, and $0.000015, respectively.
✅The biggest crypto-related news recently came from France, where local media reported the arrest of Telegram’s CEO, Pavel Durov after he disembarked from his private jet. This news led to a sharp decline in TON’s price, which dropped over 20% to around $5.7.
✅The total crypto market cap is $2,263B on CoinMarketCap.
✅Total 2 Index (Marketcap excluding BTC) is now at $936B
✨Bitcoin Fear and Greed Index is 55 - Greed, higher than at the beginning of the week (28)
✨Dominance:
✅BTC: 56.3%
✅ETH: 14.7%
📣See you next week!
🔶 BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
✨The cryptocurrency market, led by BTC, began to rise sharply after the US Federal Reserve announced plans to cut interest rates, ending a prolonged period of high rates.
✨Over the past week, the crypto market total capitalization increased by ~$188B (from ~$2,075B to ~$2,263B).
✨BTC Calms at $64K
✅The business week began poorly for BTC, as it struggled to break through the $60K mark, resulting in a $2K drop on Monday. Despite recovering most of those losses on Tuesday and Wednesday and making several attempts to surpass $60K, it only managed to do so on Friday.
✅On Friday, the bulls took charge, driving BTC from around $60.5K to $64K, with a further surge to $65K on Saturday morning. This impressive rally may be attributed to several factors.
✅However, BTC couldn't sustain this momentum and retracted about $1K shortly after. Currently, it's finding it challenging to stay comfortably above $64K, though its market capitalization remains robust at over $1,262B on CoinMarketCap.
✨TON Slumps Hard
✅On the weekly chart, many top altcoins have seen significant gains, with AVAX leading the pack with a 27% increase, now trading around $26.7. It’s followed by TRX (+22%), LINK (+19%), and SHIB (+14%), trading at approximately $0.165, $12.1, and $0.000015, respectively.
✅The biggest crypto-related news recently came from France, where local media reported the arrest of Telegram’s CEO, Pavel Durov after he disembarked from his private jet. This news led to a sharp decline in TON’s price, which dropped over 20% to around $5.7.
✅The total crypto market cap is $2,263B on CoinMarketCap.
✅Total 2 Index (Marketcap excluding BTC) is now at $936B
✨Bitcoin Fear and Greed Index is 55 - Greed, higher than at the beginning of the week (28)
✨Dominance:
✅BTC: 56.3%
✅ETH: 14.7%
📣See you next week!
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K300 Ventures, a top-tier reputation hedge fund, will provide BSCS with essential resources and grant access to comprehensive network connections of high-quality partners in Asia and globally, opening up new development and collaboration opportunities.
This strategic investment marks a significant milestone in our journey to position BSCS as the industry's leading organization!
With the strategic investment, we will execute:
💠 Platform Upgrades
💠 Implement Advanced Technology
💠 Expand Marketing & Community Activities
💠 Launch Co-Incubation Program
Established in 2018, K300 Ventures is trusted by prominent projects like ImmutableX, Octopus Network, and Avalanche, positioning itself among top-tier global venture capitals.
This partnership is more than just financial support; it's a strategic alliance. Together, we will deliver top-knot value, improve our services, and succeed.
📰 Read Detailed Information Here
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✍️ Crypto Slang Terms #26: Your Guide to the Cryptoverse 📕
💡 Ready to join BSCS & explore five blockchain words? Let's improve your crypto knowledge!
ℹ️ Trading Bot: An application that executes trades automatically within pre-configured parameters and environments.
👉🏻 Example: SolTradingBot, Maestro
ℹ️ Trading Volume (Volume): The total number of shares or coins traded within a given period.
👉🏻 Example: $BTC Trading Volume in the last 24 hrs is $28,150,841,047
ℹ️ TradingView: TradingView.com is one of the most advanced and reputable charting analysis and trading platforms used for stock, crypto, and other asset classes.
👉🏻 TradingView Official Website
ℹ️ Traditional Finance (TradFi): The financial system that exists apart from blockchain, cryptocurrency, and decentralized finance (DeFi)
ℹ️ Traditional Value Chain: A system used for creation, distribution, trading, clearing and settlement, custody, and other financial services within the securities value chain.
💪 Lots of slang terms related to Blockchain exist. Find what you need to know about Crypto Slang Terms by BSCS!
⭐️ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
💡 Ready to join BSCS & explore five blockchain words? Let's improve your crypto knowledge!
👉🏻 Example: SolTradingBot, Maestro
👉🏻 Example: $BTC Trading Volume in the last 24 hrs is $28,150,841,047
👉🏻 TradingView Official Website
💪 Lots of slang terms related to Blockchain exist. Find what you need to know about Crypto Slang Terms by BSCS!
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Time is ticking, meme maestros! Just one week left to showcase your meme skills and win daily rewards. Don’t miss your chance to shine!
💠 Get the resources Here
💠 Unleash your creativity, create unique BSCS memes
💠 Share your artwork at
👉 BSCS Global Telegram Group
👉 This Tweet
🏆 Keep the fire burning! Daily sweet treats are awaited for everyone!
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📕 Better than Yesterday #40: Prevent Financial Crime in Crypto Part 2
While KYC is a widely adopted measure to deter illegal activities, its effectiveness in the complex world of cryptocurrencies remains a topic of debate.
In this follow-up, we will explore KYC's limitations more thoroughly and assess whether it truly provides the level of security we expect.
ℹ️ Do KYC Effectively Prevent Crime?
Even with KYC in place, financial institutions in the USA report average losses of $102M due to scams.
Nearly half of these crimes are committed by unauthorized parties who take over accounts.
This shows that KYC alone isn’t enough to stop fraud, especially as identity theft continues to rise.
The responsibility doesn’t rest solely on KYC processes but also on the security measures implemented by individuals and financial institutions.
ℹ️ Why Is There No Clear Solution?
Criminals quickly adapt to new technologies, while regulations take years to catch up.
Crypto's borderless nature adds complexity, making it hard to create effective global regulations. Even with strict laws, traditional finance still faces financial crime.
ℹ️ What Can Be Done?
Global regulations and blockchain ID validation might help, but they won’t completely solve the problem.
The real solution lies in ethical growth — using technology responsibly to harness the benefits of crypto without enabling crime.
📰 Read Detailed Article Here
👉 Prevent Financial Crime in Crypto Part 1
⭐️ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
While KYC is a widely adopted measure to deter illegal activities, its effectiveness in the complex world of cryptocurrencies remains a topic of debate.
In this follow-up, we will explore KYC's limitations more thoroughly and assess whether it truly provides the level of security we expect.
Even with KYC in place, financial institutions in the USA report average losses of $102M due to scams.
Nearly half of these crimes are committed by unauthorized parties who take over accounts.
This shows that KYC alone isn’t enough to stop fraud, especially as identity theft continues to rise.
The responsibility doesn’t rest solely on KYC processes but also on the security measures implemented by individuals and financial institutions.
Criminals quickly adapt to new technologies, while regulations take years to catch up.
Crypto's borderless nature adds complexity, making it hard to create effective global regulations. Even with strict laws, traditional finance still faces financial crime.
Global regulations and blockchain ID validation might help, but they won’t completely solve the problem.
The real solution lies in ethical growth — using technology responsibly to harness the benefits of crypto without enabling crime.
📰 Read Detailed Article Here
👉 Prevent Financial Crime in Crypto Part 1
⭐️ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
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👀 Here’s a sneak peek at the venue where all the magic will happen!
🍾 Swipe through the images to get a glimpse of the stunning location that will host this transformative event.
🗓 Date: September 16th
📍 Venue: Hopscotch Bar Singapore (Gardens by the Bay)
👉 Register Here 👈
🙌 Don’t miss out on this opportunity to be at the forefront of technological convergence! See you there!
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Which of the following factors do you believe will have the most significant impact on the blockchain market in the future?
Anonymous Poll
43%
Regulatory Changes
16%
Technological Advancements
32%
Adoption by Traditional Industries
5%
Environmental Concerns
3%
Others, share in comments
The clock is ticking fast! Only 72 hours left to join the meme battle and earn your place among the winners. Time to get those creative juices flowing!
💠 Get the resources Here
💠 Unleash your creativity, create unique BSCS memes
💠 Share your artwork at
👉 BSCS Global Telegram Group
👉 This Tweet
🏆 Join the fun and don’t miss out those sweet daily rewards!
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After a long week, Weekly Overview is back, bringing the most comprehensive news of BSCS in the past 7 days!
👉🏻 Let's see if you missed any news!
I. New Partner
II. Event and Highlight News
III. Education
IV. Under Development
💠 DEX View
- Optimize and enhance the overall user experience
V. Communities
• Telegram Channel: 88,512
• Twitter: 416,170
• Youtube: 18,400
• Facebook: 11,874
⭐️ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
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🔊Weekly Market Highlights #113: August 26 - September 1
✨It wasn’t a good week for BTC, which dropped around 11% and fell below $58K by the end of the day. Altcoins also saw big weekly losses.
✨Over the past week, the crypto market total capitalization decreased by ~$231B (from ~$2,263B to ~$2,031B).
✨BTC Down 11% Weekly
✅BTC's recent price movements took unexpected turns. The Bears moved after climbing to $64K over the weekend and hitting a three-week high of just over $65K on Monday. By Wednesday, BTC had dropped to $58K, erasing $7K in losses.
✅Friday saw the price dip further to $57.7K after failing to break through the $60K level on Thursday. Despite attempts to recover, BTC has struggled to hold above $59K and recently fell below $58K once again.
✅BTC has fallen ~11% over the past week, but its dominance on CoinMarketCap remains strong at 56.4%.
✨Alts Turn Red
✅As BTC dominance rises during its retracements, altcoins are experiencing even greater losses.
✅ETH has fallen 9.5% since last Friday and now hovers below $2,5K, struggling due to weak demand for ETH ETFs in the U.S. BNB is down 8.6%, XRP 6.6%, DOGE 8.2%, ADA 9%, SHIB 7.5%, and LINK nearly 10%.
✅The largest drops among major altcoins are SOL and AVAX, both down around 15% to $132 and $22, respectively.
✅TON is slightly in the green on a weekly scale, but that’s misleading since it plummeted last Saturday after the arrest of Telegram’s CEO, Pavel Durov.
✅The crypto market cap has lost over $231 billion in just seven days.
✅Total 2 Index (Marketcap excluding BTC) is now at $840B
✨Bitcoin Fear and Greed Index is 26 - Fear, higher than at the beginning of the week (55)
✨Dominance:
✅BTC: 56.4%
✅ETH: 14.6%
📣See you next week!
🔶 BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
✨It wasn’t a good week for BTC, which dropped around 11% and fell below $58K by the end of the day. Altcoins also saw big weekly losses.
✨Over the past week, the crypto market total capitalization decreased by ~$231B (from ~$2,263B to ~$2,031B).
✨BTC Down 11% Weekly
✅BTC's recent price movements took unexpected turns. The Bears moved after climbing to $64K over the weekend and hitting a three-week high of just over $65K on Monday. By Wednesday, BTC had dropped to $58K, erasing $7K in losses.
✅Friday saw the price dip further to $57.7K after failing to break through the $60K level on Thursday. Despite attempts to recover, BTC has struggled to hold above $59K and recently fell below $58K once again.
✅BTC has fallen ~11% over the past week, but its dominance on CoinMarketCap remains strong at 56.4%.
✨Alts Turn Red
✅As BTC dominance rises during its retracements, altcoins are experiencing even greater losses.
✅ETH has fallen 9.5% since last Friday and now hovers below $2,5K, struggling due to weak demand for ETH ETFs in the U.S. BNB is down 8.6%, XRP 6.6%, DOGE 8.2%, ADA 9%, SHIB 7.5%, and LINK nearly 10%.
✅The largest drops among major altcoins are SOL and AVAX, both down around 15% to $132 and $22, respectively.
✅TON is slightly in the green on a weekly scale, but that’s misleading since it plummeted last Saturday after the arrest of Telegram’s CEO, Pavel Durov.
✅The crypto market cap has lost over $231 billion in just seven days.
✅Total 2 Index (Marketcap excluding BTC) is now at $840B
✨Bitcoin Fear and Greed Index is 26 - Fear, higher than at the beginning of the week (55)
✨Dominance:
✅BTC: 56.4%
✅ETH: 14.6%
📣See you next week!
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🇻🇳 Happy Vietnam National Day! 🇻🇳
⭐️ Today, we celebrate the 79th anniversary of the National Day of the Socialist Republic of Vietnam (September 2, 1945 - September 2, 2024), a day of immense historical significance, marking the birth of an independent, free, and sovereign nation.
🔶️ We want to extend our warmest congratulations to the Vietnamese community of BSCS!
🫡 This is not only a time to remember and honor those who sacrificed for the nation's independence but also an opportunity to unite and strive together to build a more prosperous country.
🔥 The patriotism and unity of the Vietnamese people have been and will continue to be, a powerful driving force in the nation's development.
🙌 May Vietnam continue to progress, grow stronger, and achieve lasting happiness!
⭐️ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
⭐️ Today, we celebrate the 79th anniversary of the National Day of the Socialist Republic of Vietnam (September 2, 1945 - September 2, 2024), a day of immense historical significance, marking the birth of an independent, free, and sovereign nation.
🫡 This is not only a time to remember and honor those who sacrificed for the nation's independence but also an opportunity to unite and strive together to build a more prosperous country.
🔥 The patriotism and unity of the Vietnamese people have been and will continue to be, a powerful driving force in the nation's development.
🙌 May Vietnam continue to progress, grow stronger, and achieve lasting happiness!
⭐️ BSCS Official Media Channels:
Website | Telegram | Substack | Twitter | Discussion
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📸 Check out some of the moments we've captured so far!
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