Harga Virtuals ProtocolVIRTUAL

VIRTUAL/USDT.5461 12 avril 3.30am 14-15%

New York State’s Department of Financial Services (DFS) announced on April 10 that Block Inc. will pay a $40 million fine and hire an independent monitor, following findings of significant violations in the company’s anti-money laundering and virtual currency compliance systems related to its Cash App platform. The DFS found that Block’s rapid growth exceeded its capacity to establish adequate oversight, heightening the risk of illicit financial activity. The regulator said the company’s failures violated New York regulations for financial institutions and virtual currency firms. It cited weak internal controls over fiat and bitcoin transactions, including lapses in customer due diligence, sanctions screening, and monitoring for suspicious activity. By 2020, Block had accumulated a backlog of more than 169,000 unreviewed transaction alerts. Superintendent Adrienne A. Harris stressed: All financial institutions, whether traditional financial services companies or emerging cryptocurrency platforms, must adhere to rigorous standards that protect consumers and the integrity of the financial system. “Compliance functions must keep pace with company growth or expansion. The rapid growth of Block’s Cash App absent a robust compliance function created risk and vulnerabilities that violated the rules financial services companies operating in New York must adhere to. The Department is taking decisive steps to ensure accountability, including the appointment of an independent monitor to oversee corrective measures,” she continued. In Block’s consent order, DFS provided further violation details, including the company’s failure to screen transactions with potential links to terrorism until a recipient wallet’s exposure exceeded 10%, and its inadequate treatment of anonymizing services like mixers. The DFS claimed: The AML program run by Block … failed to adequately consider the substantial risks posed to an entity of its new size and complexity. The order also revealed that between 2018 and 2021: “Block had accumulated a transaction monitoring backlog of approximately 18,000 alerts, which grew to over 169,000 by 2020.” DFS added that “between February 2021 and September 2022 … SARs, for both bitcoin and fiat transactions, were at times filed over a year after the alerts were first generated.” Block’s risk rating for transactions involving mixers was also cited, as DFS noted that despite guidance: “Block risk rated transactions identified as having exposure to mixers as ‘medium’ risk, rather than the ‘high’ risk rating that is appropriate.” 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

Pi Network Price Outlook: Breakout or Breakdown? Bulls Eye $3 as Network Fees Surge 400% The price of Pi Network (PI) is showing signs of potential upside momentum as bulls attempt to push the token above a descending parallel channel. On the 4-hour chart, the PI token continues to consolidate within this channel, reflecting the ongoing battle between bullish and bearish forces. Bulls have successfully flipped the 50-day moving average into immediate support at $0.58, now targeting the next resistance level at $0.97. The key question remains: can Pi reclaim the $3 level? Pi Network Developments: Navigating Uncertainty with Innovation Pi Network’s unique mobile-first mining approach has drawn global attention, but recent volatility has tested community confidence. Following a dip near $0.30, uncertainty grew among users. Amid broader market weakness, leading members of the Pi community have stepped up to reaffirm the project’s long-term potential. Founder and lead developer Nicolas Kokkalis has continued to release reassuring updates, emphasizing that the network’s development is ongoing and deliberate: “Pi’s future is being carefully built, brick by brick.” The Pi Core Team also rolled out several platform updates, including: • A mobile-first experience as the new technical standard • Mandatory KYC verification • An enhanced Pi SDK, enabling mini-games, virtual services, and DEX integration Notably, over 200,000 bids were placed for Pi domain names—signaling strong user engagement and growing ecosystem interest. 119 Million PI Tokens Set for Release, Analysts Remain Bullish According to Pi Scan, over 119 million PI tokens are expected to enter circulation this month, with 1.4 million becoming available on April 11 alone. These tokens will be gradually released over the coming weeks. Popular crypto analyst Moon Jeff highlighted a significant spike in transaction fees—reportedly up 400%—as a potential bullish indicator:

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Ethereum (ETH) is a decentralized, open-source blockchain platform that enables developers to build and deploy smart contracts and decentralized applications (dApps). It was proposed in late 2013 by Vitalik Buterin, a Russian-Canadian programmer, and development began in 2014. Ethereum was officially launched in July 2015. The platform’s native cryptocurrency, Ether (ETH), is used to pay for transaction fees, computational services, and the execution of smart contracts on the network. Key Features of Ethereum: 1. Smart Contracts: One of Ethereum’s most revolutionary features is its ability to execute smart contracts. These are self-executing contracts where the terms of the agreement are directly written into code. Smart contracts automatically execute actions when predefined conditions are met, eliminating the need for intermediaries, thus making transactions more efficient, secure, and transparent. 2. Ethereum Virtual Machine (EVM): The Ethereum Virtual Machine (EVM) is the decentralized computer that executes smart contracts on the Ethereum blockchain. It allows developers to create and deploy applications that can run on the Ethereum network. It is crucial in maintaining the state of the blockchain and ensuring that all transactions are processed consistently across nodes in the Ethereum network. 3. Decentralized Applications (dApps): Ethereum provides the foundation for building dApps. These are applications that run on a blockchain or a peer-to-peer network, ensuring they are transparent, secure, and without central control. Examples include decentralized finance (DeFi) platforms, gaming platforms, and NFT (non-fungible token) marketplaces. 4. Proof of Stake (PoS) Consensus: Ethereum originally used the Proof of Work (PoW) consensus algorithm, similar to Bitcoin, which involved miners solving cryptographic puzzles to validate transactions and create new blocks. However, Ethereum transitioned to Proof of Stake (PoS) with the Ethereum 2.0 upgrade, which started in December 2020. In PoS, validators replace miners to secure the network by staking their ETH as collateral to propose new blocks. PoS is more energy-efficient than PoW, reduces centralization, and improves scalability. 5. Scalability and Upgrades (Ethereum 2.0): Ethereum’s original design faced scalability challenges, especially as the network grew and transaction volumes increased. To address this, Ethereum is undergoing a series of upgrades under the Ethereum 2.0 initiative. These upgrades aim to enhance scalability, security, and sustainability through: Sharding: The process of splitting the Ethereum network into multiple smaller chains (shards) to handle more transactions simultaneously. Proof of Stake (PoS): Transitioning from Proof of Work (PoW) to PoS for better efficiency and lower energy consumption. 6. Gas Fees: Gas fees are the transaction fees users pay to conduct operations on the Ethereum network. These fees vary based on network demand and the complexity of the operation. Gas fees have often been a point of criticism due to their high volatility, but Ethereum’s upgrade to Ethereum 2.0 aims to address this issue. How Ethereum Works: 1. Ether (ETH): Ether is the native cryptocurrency of the Ethereum network and is used to power smart contracts and dApps. It is required for both transaction fees and computational services. Unlike Bitcoin, which primarily acts as a store of value, Ethereum is designed to be used as a "fuel" for decentralized applications, allowing developers to create complex financial and non-financial applications. 2. Smart Contracts Execution: When a user initiates a transaction or interaction with a dApp on Ethereum, the transaction is sent to the network, where miners (in the PoW model) or validators (in the PoS model) process it. The EVM executes the smart contract, which automatically carries out the terms of the contract, such as transferring funds or triggering actions. 3. Staking and Ethereum 2.0: Ethereum’s shift to PoS (part of Ethereum 2.0) allows anyone who holds at least 32 ETH to become a validator and participate in securing the network. Validators are chosen to propose and verify blocks, earning rewards in ETH for their participation. Staking helps secure the network and replace the energy-intensive mining process from Ethereum’s previous PoW model. Advantages of Ethereum: 1. Smart Contract Functionality: Ethereum’s smart contract functionality has revolutionized the way digital agreements are executed, reducing the need for middlemen and making transactions more secure, efficient, and transparent. 2. Decentralization: Like Bitcoin, Ethereum is decentralized, meaning no central authority governs or controls the network. This ensures the network is resilient to censorship and operates without the interference of governments or corporations. 3. Support for dApps: Ethereum’s robust ecosystem supports the creation of decentralized applications (dApps). This broadens the scope of blockchain technology beyond digital currencies to areas like finance (DeFi), entertainment, gaming, and even identity management. 4. Ethereum 2.0 (PoS): The transition to PoS is seen as a significant advantage, as it makes Ethereum more energy-efficient and scalable. This change should allow Ethereum to handle more transactions, reduce gas fees, and provide greater security. 5. Large Developer Community: Ethereum has one of the largest and most active developer communities, continually innovating and pushing the boundaries of what’s possible in the blockchain space. This community support drives growth and the continuous improvement of the Ethereum network. Disadvantages of Ethereum: 1. Scalability Issues: Although Ethereum is working toward improvements with Ethereum 2.0 and sharding, scalability remains a challenge. As the network grows and adoption increases, transaction speeds can slow down, and gas fees can become prohibitively high during peak demand. 2. Gas Fees: Gas fees are one of the biggest issues with Ethereum. During periods of high demand, the fees can rise dramatically, making simple transactions expensive. However, Ethereum 2.0 is expected to bring improvements to gas fee management, though the problem may not be fully resolved until sharding is implemented. 3. Security Vulnerabilities: Although Ethereum’s blockchain is generally secure, there have been instances of security vulnerabilities in smart contracts. Poorly written code can lead to issues like funds being stolen or lost. Users are advised to be cautious when interacting with smart contracts. 4. Complexity: Ethereum’s ecosystem, including smart contract creation, decentralized finance (DeFi), and NFTs, can be complex for new users. There is a steep learning curve, and mistakes can be costly. Ethereum's Impact on the Financial Ecosystem: 1. Decentralized Finance (DeFi): Ethereum has been the driving force behind the rise of decentralized finance (DeFi), a movement aimed at replacing traditional financial intermediaries (banks, lenders, and brokers) with decentralized applications. Ethereum-based platforms allow users to borrow, lend, trade, and earn interest on their crypto assets without needing a bank. 2. NFTs (Non-Fungible Tokens): Ethereum is also the foundation for the booming NFT market. NFTs are unique digital tokens that represent ownership or proof of authenticity for digital assets like art, music, and collectibles. Ethereum’s ERC-721 standard is widely used for creating NFTs. 3. Enterprise Use Cases: Ethereum is increasingly being adopted for enterprise use cases, such as supply chain management, voting systems, and identity verification. Its flexible platform allows businesses to create customized blockchain solutions for a variety of industries. The Future of Ethereum: The future of Ethereum is filled with potential, especially with the ongoing developments in Ethereum 2.0. The shift to PoS and the eventual implementation of sharding should address many of Ethereum’s scalability and high gas fee issues. As more applications are built on Ethereum and its ecosystem expands, it could play a central role in the global transition to a decentralized economy. In conclusion, Ethereum’s combination of smart contract functionality, dApp support, and continuous upgrades positions it as one of the most influential blockchain platforms in the world. Despite facing challenges like scalability and high gas fees, Ethereum’s active development community and transition to Ethereum 2.0 give it strong growth potential. $ETH