Phishing, BitMex Airdrop, Dark Pools, Nigerians vs Binance, India CryptoTaxes - 132ndšŸÆ Curation

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@HODLCommunity presents to you the 132nd LeoFinance Curation Post

We feel very excited as we think we will address one of the most important issues on the leofinance.io platform: Curation.

We truly hope, big stakeholders will support this initiative in order to spread rewards to some amazing writers.

Our goal is to support content creators and generate qualitative interactions between LeoFinance users.

We will set a 5% beneficiary for every author selected in this curation report.

So Lions šŸÆ, let's roll !

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Phishing Attacks by @xuanling11

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What is Phishing?
It is a common cyber-attack of sending fraudulent communications that appear to come from a reputable source.
Purpose of Phishing?
Hackers try to get personal data or sensitive information to fully gain control of your personal accounts or business entities' accounts. The worst hackers can do is steal data for sale or possibly ask for ransom fees..

Ever since I heard and learnt about phishing, I always try to be careful when logging on any website or platform. The best you can do is to be extra careful. Do not log in or put your details on any platform you donā€™t trust.

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Ready For BitMEX 1.5M BMEX Tokens Airdrop by @boscohage

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BitMEX is a cryptocurrency exchange and derivative trading platform. The trading company released it LITEPAPER as it is set to launch 1.5 million BMEX tokens to both existing and new verified customers. The airdrop is set to start today, February 1st 2022 which would happen in two phases; the tokens would not be withdrawable in phase 1, it can only be earned. During the phase 2, when BitMEX spot exchange launches in Q2 of 2022, BMEX would become tradeable and available then restrictions of BMEX can be withdrawn.

Thanks a lot for this update, this seemed like a good opportunity to check this out. Although I wish I had seen this earlier. I think I have a BitMex, well I will have to check.

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Dark Pools in Cryptocurrencies! by @vikbuddy

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The Dark Pools are a platform to exchange and negotiate our cryptocurrencies in a 100% anonymous way where its liquidity funds can not be seen by the public. It is used mostly so that organizations and large companies can negotiate a large number of cryptomones in a discreet and anonymous way, which is one of the great characteristics of the Dark Pools.

So much information and utilities found in the crypto space. I canā€™t help but think of the bad use of the dark pool, I mean it has dark on it. Expect the bad ones to utilize it fully.

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Nigerians Vs Binance #BinanceStopTheScam by @attentionneeded

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It has been a ruckus on different social media platform as one of the largest exchange platform Binance has been accused of scam. Some Nigerians even took to twitter to protest about it with the hashtag #BinanceStopTheScam.
The protest was about Binance has restricted some of them from accessing their wallet and also seizing their fiat currency, locking them out from even accessing their account for more than three months with an explanation or whatsoever.

Lol, Nigerians can never seize to amaze me in their resilience towards their use of crypto. As the CEO has explained that this was done towards trying to be in god terms with regulators, Nigerians canā€™t help but follow the necessary procedures.

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Ask LEO: What Do You Think About The High India Outrageous Crypto Tax by @onwugbenuvictor

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Governments all over the world have been fighting Crypto for some time now apart from El Salvador which made crypto Legal tender in the North American Latina Country in September last year, other governments keep saying it is a scam, it's mainly used for money laundering and poses a threat to the economy.

30% on TAX is truly an outrageous rate to put on crypto, if this is one way of discouraging crypto investors from investing in crypto, letā€™s see how itā€™s going to work for them. Iā€™m sure that these people will come up with ideas to trade crypto without paying the tax. Itā€™s crypto, people will always find a way.

This post is created by @readthisplease to curate quality content on LeoFinance.

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