Core Ignition Drop Claiming Guide

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 The Core Ignition Drop, which started the rewards claim on June 10, 2024, allows Coretoshis (Core Community) to unlock incentives for their contributions and engagement in the Core Blockchain. The Incentives claimed by the participating community are based on their activities up from the day they join the program until the snapshot is taken. In this article, I will discuss how to participate in the Core Ignition Drop, its benefits, and more. What is Core Ignition? Core ignition is an incentive program developed by the Core Foundation to jumpstart the growth of the DeFi ecosystem on Core Blockchain, the program started on March 11th, 2024, and will continue for six months, providing ample time for users to participate and reap the benefits, rewarding the community for their contributions to the network. By participating, users can earn rewards while simultaneously helping to fuel the growth and adoption of the Core ecosystem. The Core Ignition Program is for both ecosystem users and We
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Binance CEO responds to the Nigerian cryptocurrency trader's outcry

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Changpeng Zhao letter


Binance CEO Changpeng Zhao has responded to the Nigerian crypto trader community's outcry over their binance account being restricted.

There has been an outcry on Twitter by the Nigerian crypto community aggressively calling out the leading crypto exchange platforms with different complaints from restricting traders' accounts to permanent suspending. 

 

However, the company CEO Changpeng Zhao in his letter to Nigerians apologized for the inconvenience caused by delays in resolving customer support requests. On the company's website, he claims that the platform restricted the personal accounts of some Nigerian users to comply with anti-money laundering regulations and ensure the security of the platform for traders.

"The Nigerian community brings me great pride. Since the inception of Binance, Nigeria and Africa at large have been very special markets to us and for crypto" said Changpeng Zhao.

" We love and are devoted to our Nigerian community, but we must ensure that our users are safe. As such, protection mechanisms such as KYC, anti-money laundering measures, collaboration with law enforcement and  account restrictions are in place to ensure our community remains protected and that fraudulent activity is prevented."

CEO claim that 281 Nigerian accounts have been affected by these personal account restrictions with approximately 38% of these case restricted at the request of international law enforcement.

The platform reassures the Nigerian community that Binance is working hard to attend to all customer service requests, 79 of accounts restricted cases has been resolved.

"All non-law enforcement-related cases will be solved within two weeks, " said Changpeng Zhao.



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