📢At 11:00 (UTC) today, a major update is set to roll out for CorePass.

❌Attention! Users will not be able to use the purchase function and digitization services in the app for the duration of the update process. All the other functions will be available, including login on Ping Exchange.

✅After the successful completion of this process, you will receive a notification on your device indicating an available update in your app store.

To understand the scope of the newest CorePass update, here's a summary of the key changes you can expect:

🔹KYC Flow Modifications: We've made substantial changes to the KYC (Know Your Customer) flow. Users will now have the option to accept the extracted data or make suggestions for corrections, ensuring a smoother and more accurate verification.

🔹Restructured P2P Communication: Our peer-to-peer (P2P) communication system has undergone a complete restructuring to improve its functionality. P2P data requests should now work much smoother, facilitating seamless communication between users.

🔹Enhanced Contact NFT Functionality: Each contact NFT voucher (email or phone) can now request up to 10 OTP (One-Time Password) codes. After reaching this limit, the NFT voucher will be rejected, and users will need to re-purchase the NFT voucher, enhancing security measures.

🔹Fee Addition for credit card CTN and XCB Purchases: A 15% fee has been introduced for CTN and XCB purchases made via a credit card, ensuring the sustainability and growth of our platform.

🔹Improved NFT Transaction Process: We've made enhancements to the NFT transaction process, particularly for purchases with CTN tokens. Transactions should now be smoother and more efficient.

🔹Additional Fields: Nationality and Place of Birth fields have been added to provide more comprehensive user information.

🔹Software Updates: All packages and libraries have been updated to the latest versions, ensuring compatibility, security, and performance improvements.

🔹UI Bug Fixes: Finally, we've ironed out UI bugs to enhance the overall user experience and usability of our platform.

🔹Making CorePass Accessible: We are introducing a field called notes, which will be used to indicate caveats when registering a CorePass account. This means that, from now on, anyone, including individuals with previous legal issues, can have a chance to register a CorePass account and use it. The field will only be available on a need-to-know basis.

🔄Check the CorePass status at: https://status.corepass.net/

We appreciate your understanding and cooperation as we strive to deliver a better and more secure platform for all our users. Thank you for being part of our journey and helping us create the best possible version of CorePass.

If you have any questions or concerns, please don't hesitate to contact our support team at contact@corepass.net

📖 Discover the VERAT Life Settlement Platform, a collaborative effort between ARAX and LCC, offering #DeFi solutions and a tokenized life settlement bond index with the potential to change Life Settlement Contracts.

Read the article here: medium.com/@AraxCorp/arax-and-lcc-leading-the-way-in-financial-innovation-in-democratized-life-settlement-contracts-dd9dc4ae380e

Source: ARAX Arax Holdings Corp. [ARAT]

👏🤩The CorePass update has been released and is being distributed all over the world.🌍

Please make sure to install the update once you have received the notification that the update is available.

#CorePass #DigitalID #BeUnique

Dear Tommy,

First of all, we want to express our sincere gratitude for your dedication, hard work, and contributions as our Community Manager. Your efforts in fostering engagement, facilitating discussions, and maintaining a positive atmosphere within our community have been invaluable, and we are grateful for the impact you have made during your time with us.

This community would not be the same without your insight and input. Your leadership and dedication have set a benchmark for true excellence, but we are sure you’ve thoroughly mentored Milan before passing the torch onto him.

Although we are sad to see you go, we firmly believe your abilities, dedication, and commitment will lead you to greatness wherever you go. We wish you all the best in your future endeavors, and we hope our paths will cross again professionally.

Until next time,
The CoDeTech Team

🌍CorePass is now proudly delivering its features to a worldwide user base. In the latest update, the KYC process was revamped with non-Latin users in mind, ensuring a seamless and fully functional experience for everyone moving forward.

Accordingly, we invite all of you to register your CorePass accounts and try out ALL the improved features of the latest version. Most notably, we’ve restructured our P2P communication system, enhanced contact functionality, improved the voucher transaction process, and removed some pesky UI bugs.

👤📲Put the You in Unique. Download now:
Android: https://play.google.com/store/apps/details?id=net.corepass.app
iOS: https://apps.apple.com/us/app/corepass-id/id1644928641

#CorePass #DigitalID #BeUnique

Ockert Loubser

I have decided to address the questions and topics that are being discussed continuously and have already been answered several times. But for everyone's convenience, I will take the time to answer them here again.

The 300MM XCB from the Genesis Block is NOT in circulation and cannot be available for trading. These coins are not distributed or included in the active circulation. Therefore, it is important to make a distinction between the circulating and total supply.

1MM XCB was transferred to CorePass and Ping Exchange to ensure that there was enough liquidity to start the Ecosystem, which is vital for the Core Blockchain as that is what will bring value to the entire infrastructure. There was a vote by the Founders and current trusted members of the Core Foundation to release these funds with an agreement that the 1MM will be repaid to the Genesis account. The Vote was made on the principle that without liquidity, value cannot be established, and liquidity is required for the applications to function, which is in the best interest of the community and the entire ecosystem itself.

We will not disclose the process of fund transactions of the Genesis funds for security reasons. Such information could harm the entire blockchain ecosystem and our community.

The Core Foundation is currently in the development of the DAO, including voting rights, etc, which will only be opened to the public once everything is completed and ready for participants to apply for a seat on the foundation.
The money that has been earned by CorePass from the XCB and CTN vouchers has several uses:

One being to buy back XCB, which we are currently busy with the development in Ping Exchange and CorePass to onboard corporate customers. This will be released in V2 of the CorePass and will bring a huge positive impact on the exchange markets of XCB and CTN.

Some part has gone to running operations and paying for company expenses as the company needs cash flow to remain operational.

Hypothesizing about the private underpinnings of our ecosystem does not add any substantive or factual value. It only results in misinformation and confusion, develops anxiety and fear, brings false and skewed perceptions of risk, and prevents productive dialogues. This is clearly reflected in the market of CTN and XCB. In most cases, when people are making such predictions, they are trying to alter perceptions and influence decisions that are not always made with the best of intentions.

Lastly, making assumptions for hypothetical statements will certainly not get you anywhere. We are not irresponsible. We deliver what we say we will and have always been clear on that. We did not spend the time and money to build a project to run it down into the ground and make a quick buck. Our intentions as the founders have always been clear and honest. We are here to bring a brighter future, and we have worked extremely hard to get where we are today. There is no point in straying away from our vision and cashing out. We, the founders, are here for the long run which we have assured you on many occasions. That is the great thing about a decentralized platform: the decisions and power lie in your hands. It is what you make of it. If you want the project to succeed, embrace it, and perhaps we should try to act responsibly as the blockchain is in the hands of the entire community.

For Those who want to fully understand the difference between Total Supply and Circulating supply please look here: https://cointelegraph.com/explained/crypto-token-supplies-explained-circulating-maximum-and-total-supply


🔵Source: https://twitter.com/OckertLoubser/status/1763243946119983350

Outdated life insurance settlement model gets a Core blockchain makeover

https://cryptoslate.com/outdated-life-insurance-settlement-model-gets-a-core-blockchain-makeover/

🔄📲Important announcement!

For those who qualify for the voucher refund, we will be issuing vouchers starting today, and our estimated completion will be by Tuesday. There are no extra steps you need to take, as the vouchers will be delivered automatically, so keep checking the voucher section and your notifications in your CorePass application.✅

As soon as you’ve received your vouchers, you are free to proceed with the revamped KYC process.

CorePass

📱 ⏳ The process of logging into the CorePass App is now slightly longer.

This is happening due to the new P2P communication system, which takes somewhat longer to guarantee that your data are being processed safely and securely. The exact time it takes for you to log in is therefore more reliant on the strength and stability of your internet connection.

Nevertheless, our team is already mapping out and working on improvements to enhance the login speed in a future version.✅

CorePass

Update on the issues on the primary AS Pool that have taken place at 03:45 AM (CET).

❌There has been an influx of pool connections which seemed to have acted in the form of an attack on the Asian Pool, but CTR did not yet confirm that this is indeed the case.

Logs are still being investigated, and the team will keep us informed if any new updates arise.

✅💲At the moment, the situation is stable. Lastly, all of the miners who have configured Backup Asian Pools have continued receiving payouts and mining on the Core Blockchain.

Catch that Rabbit
https://twitter.com/CatchthatXCB/status/1763586411091972592

↗️🌐 Expanding the Core Blockchain with the Foxar Development Platform.

✳️⛓ Smart Contracts and a versatile CBC20 Token Standard will facilitate an easier development process and enable automated, secure, and transparent interactions on the network.

🧐 For curious minds who want to learn more about Foxar, you can watch the latest Core Chronicles episode here ➡️ https://youtu.be/YZFOKNdVJT0

⚔️❌After a thorough investigation, we can officially confirm that the Primary AS Pool was attacked last week.

Going forward, we strongly recommend setting up a backup pool.

✅Even so, the CTR Team is diligently working on implementing countermeasures to prevent a similar attack in the future.

Source:
https://twitter.com/CatchthatXCB/status/1764622649227976959

🥷🏻In 2016, Ethereum faced a major hack in its decentralized autonomous organization (DAO) that was supposed to serve as an investment vehicle.

💰The hackers managed to get away with approximately $60 million out of the $150 million fund, marking a substantial loss for the Ethereum community in that year.

🔒To clarify, no XCB coin was stolen during the AS Pool attack, and no additional benefits were gained by any malicious actors. This was a so-called denial-of-service attack targeting our primary public pool serving Asia-located clients.

As a result of the attack, some hardware resources of the pool's infrastructure were exhausted, rendering it unable to verify and accept shares from miners. We have traced and identified the origin of the attack.

Furthermore, we have a robust pool infrastructure, and our backup mining pool was ready to serve Asian clients during this incident. Therefore, please check your mining scripts to ensure that pool switching is enabled. This will effectively prevent idle mining and the loss of potential rewards.

Following the investigation into the incident, we have implemented proper configuration changes to minimize the risks of such attacks occurring in the future. Additionally, we plan to deploy a more sophisticated filtering mechanism for the pool's incoming traffic to ensure a rock-solid mining experience going forward.

Source: https://twitter.com/CatchthatXCB/status/1764671334322151912

🔄🪐The new CoDeTech website is now live!

Explore our sleek redesign and be among the first to view the changes - visit https://codetech.cc/ now.

🔄📢Announcement Regarding the Recent CorePass Voucher Refunds!

✅The voucher refunds have now been completed and delivered to all eligible users. If you were one of the users eligible for a refund and have not yet received it or are experiencing any related issues, please contact CorePass support via this email: contact@corepass.net

Thank You

CorePass

⚒Howdy Miners! Core Coin (XCB) is now listed on the popular mining stats platform "Mining Pool Stats"💰

🚀Check it out at: https://miningpoolstats.stream/corecoin