Latest news with #RachelConlan
Cision Canada
4 days ago
- Business
- Cision Canada
Binance Traders League Returns with $6 Million Prize Pool and New Enhancements including Regional Competitions and Trader's Passport
Binance's global flagship trading event introduces Trader's Passport for users to track their performance across competitions and new Regional Categories to promote friendly competition DUBAI, UAE, June 2, 2025 /CNW/ -- Binance, the global blockchain ecosystem trusted by over 270 million users worldwide, is excited to announce Binance Traders League Season 2 with a prize pool of up to $6 million. Traders League is Binance's flagship trading competition where traders from around the world go head-to-head for crypto rewards and is a fun and engaging way to celebrate our users and for them to connect. Pre-registration starts today, from 2 to 8 June 2025, and the trading activity period will run from 9 June to 6 July 2025. Users can enjoy enhanced solo and team competitions across spot and futures, a refreshed landing page featuring shareable widgets, a trader's "Passport" to track their performance across competitions, and a new and exciting regional competition category. Rachel Conlan, CMO at Binance, shared, "We are introducing a number of new features in Traders League Season 2, such as regional teams to promote camaraderie and a Trader's Passport for users to track their personal achievements across competitions. The variety of competition categories and tasks ensures there will always be a category and activity for every user regardless of their experience levels. Binance Traders League provides a platform for traders from around the world to exchange their knowledge and is a rewarding way to connect." One of the new highlights of Traders League will see users who register automatically be part of a regional team based on their KYC location to compete for prizes, as well as be automatically added to their region's open solo competition categories. The available regions are Asia, CIS & Europe, LATAM, Africa, and MENA. Overview of Traders League competitions and prize pool: Spot Traders League - total prize pool of up to $1.8 million Comprising Solo ROI Competition and Team PnL Competition Users eligibility: All verified regular and VIP 1-6 users, except liquidity providers Eligible trading pairs: All trading pairs except zero fees trading pairs Futures Traders League - total prize pool of up to $3 million Comprising Solo ROI Competition and Team PnL Competition Bonus rewards for new Binance Futures users Users eligibility: All verified regular and VIP 1-6 users, excluding market makers. Eligible trading pairs: All USDⓈ-M contracts and COIN-M contracts on Binance Futures Side Tasks, Regional ROI Competitions and Side Quests - total prize pool of $1.2 million Side Tasks with a prize pool of $1 million Regional ROI Competition prize pool of $100k Affiliates Booster prize pool of $50k Trading Live Showdown prize pool of $50k — where Futures trading content creators can stream their strategy on Binance Square to grow their audience and compete for prizes For more information and terms and conditions, visit the Binance Traders League here. Disclaimer: The products and services referred to herein may be restricted in certain jurisdictions or regions or to certain users, in accordance with applicable legal and regulatory requirements. These materials are intended only for those users who are permitted to access and receive the products and services referred to and are not intended for users to whom restrictions apply. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. Futures trading, in particular, is subject to high market risk and price volatility. You may be called upon at short notice to make additional margin deposits or interest payments. If the required margin deposits or interest payments are not made within the prescribed time, your collateral may be liquidated. Moreover, you will remain liable for any resulting deficit in your account and interest charged on your account. All of your margin balance may be liquidated in the event of adverse price movement. Past performance is not a reliable predictor of future performance. Before trading, you should make an independent assessment of the appropriateness of the transaction in light of your own objectives and circumstances, including the risks and potential benefits. Consult your own advisers, where appropriate. This information should not be construed as financial or investment advice. To learn more about how to protect yourself, visit our Responsible Trading page. For more information, see our Terms of Use and Risk Warning.
Business Mayor
17-05-2025
- Business
- Business Mayor
Preventing Phishing Attacks on Cryptocurrency Exchanges
Cryptocurrency exchanges are intensifying security measures in 2025 to focus on preventing phishing attacks, as these scams reach alarming levels and have caused millions in losses for investors. As digital assets continue gaining mainstream adoption, cybercriminals deploy increasingly sophisticated techniques to compromise exchange accounts and steal funds. While exchanges implement advanced security features, experts emphasize that user vigilance remains crucial in preventing successful attacks. The first quarter of 2025 has witnessed unprecedented phishing activity targeting cryptocurrency holders. Coinbase users reportedly lost over $46 million to phishing scams in March alone. Blockchain analyst ZachXBT tracked several significant thefts, including a notable incident on March 27 when 400.099 Bitcoin, valued at approximately $34.9 million, was stolen from a Coinbase user. A widespread phishing campaign targeting Coinbase users emerged in mid-March. The campaign involved fake notifications about a mandatory wallet migration following a supposed class action lawsuit. The scammers sent emails through a compromised SendGrid account from Akamai, providing victims with 'recovery phrases' that, when imported into Coinbase Wallet, allowed attackers to drain funds without requiring additional phishing links. Coinbase warned users after discovering the attack, 'We will never send you a recovery phrase, and you should never enter a recovery phrase given to you by someone else. ' Modern crypto phishing attacks employ various sophisticated techniques. Standard methods include creating fraudulent websites that mimic legitimate exchange login pages, sending deceptive emails or SMS messages appearing to come from exchanges, and using social engineering to trick users into revealing sensitive information. 'Phishing scams are one of the oldest tricks in the book, and they are expected to remain prevalent in 2025,' notes a recent report from OSL. These attacks often use 'wallet spoofing' and 'address poisoning,' where scammers deceive users into sending money to addresses that closely mimic legitimate ones. Major cryptocurrency exchanges have deployed sophisticated security measures to protect users in response to the escalating threat. Binance, recognized as one of the safest exchanges in 2025, offers robust account-level security features, including two-factor authentication, whitelisted withdrawal addresses, and an anti-phishing code system. These measures helped recover over $9.1 million in scammed funds and prevented approximately $129 million from being scammed annually. 'The evolving nature of cyber threats in the crypto industry reinforces the need for exchanges and custodians to continuously strengthen their security frameworks,' explained Binance CMO Rachel Conlan. 'As threats continue to grow in sophistication, so must our defenses.' Kraken has implemented phishing-resistant Passkeys, which are bound to a website or app's identity and use biometric authentication like fingerprint or face scans. 'The browser and operating system ensure that a Passkey can only be used with the website or app it was created for so you can never be tricked into using your Passkey to sign into a fraudulent app or website,' explains Kraken's support documentation. While exchanges strengthen platform security, experts emphasize that users must take personal responsibility for protecting their assets. The Federal Trade Commission recommends four key protection strategies: using security software on computers with automatic updates, configuring cell phones for automatic software updates, implementing multi-factor authentication for accounts, and regularly backing up data. Crypto security specialists further advise users to: Verify email authenticity by checking sender addresses and looking for personalized anti-phishing codes Access exchange websites only through bookmarked links rather than search engines or email links Never share private keys, passwords, or recovery phrases with anyone Enable multiple two-factor authentication methods Maintain separate email accounts exclusively for cryptocurrency activities Regulatory bodies are also taking action. In February 2025, the Securities and Exchange Commission created the Cyber and Emerging Technologies Unit (CETU) to protect retail investors against fraud. The unit focuses on emerging technology-related fraud, including cryptocurrency assets and blockchain, replacing the previous Crypto Assets and Cyber Unit. 'The unit will not only protect investors but will also facilitate capital formation and market efficiency by clearing the way for innovation to grow,' stated Mark Uyeda, the SEC's acting chair. As cryptocurrency adoption grows, exchanges, users, and regulators will need to be vigilant against phishing scams. While technological solutions like anti-phishing codes and passkeys provide necessary protective layers, user education remains fundamental to stemming the tide of successful attacks. 'In a rapidly evolving world of innovation, freedom can be misunderstood, taken for granted, and exploited by bad actors who abuse honest users,' notes a recent Binance security assessment. The most effective defense combines advanced security technology with informed, cautious user behavior.
Int'l Business Times
14-05-2025
- Business
- Int'l Business Times
Beyond the 'Crypto Bros': Women Make Their Mark in Web3
Let's be honest, the image of the typical "cryptocurrency enthusiast" was, for a long time, distinctly male—think "Crypto Bro," maybe talking fast about complex tech. While that picture had some truth to it, especially back in the day, it never really showed the full reality: women have always been involved in crypto, and now their numbers and impact are really starting to show. You see, even though crypto promised a decentralized world open to everyone, the early days often looked a lot like traditional tech and finance, with similar gender gaps. Fewer women were visible as investors, founders, or developers. But that story's definitely changing. Thanks to determined individuals, specific programs pushing for inclusion, and the simple fact that blockchain needs diverse ideas, women aren't just showing up—they're increasingly taking the reins, building new things, and investing in the future of Web3. Binance's Rachel Conlan: It's a Myth That Women Aren't in Web3 One person actively challenging that outdated image is Binance CMO Rachel Conlan. At a recent Binance event during Token2049, she hit the nail on the head regarding the perception of women in the space. "That there aren't women in Web3, that's the biggest misconception," Conlan declared. She pointed to Binance's own team as proof of change, mentioning that women account for 45% of their staff worldwide. Conlan, leveraging her extensive background in traditional marketing within the high-speed crypto environment, is clearly driven to help reshape the industry. She laid out two key goals she's personally focused on: "One is bringing more women into work in this industry, to build, to develop... The second part is ensuring that we get more women holding, trading, learning, investing." Her point is blunt: "We do not want this to be another financial revolution where females get left behind." For her, cracking this involves making crypto more accessible through community and education, and maybe even making it a bit more entertaining—less intimidating, basically. Still, Conlan's positive view bumps up against some tough industry-wide numbers. Yes, more women own crypto now—Triple-A suggested they made up 39% of global owners in 2024, a huge leap from themeager 8.5% back in 2018. But getting into leadership? That's still a steep climb. A HRReview article showed that only about 6% of crypto company CEOs were women. Startups founded by women? They were getting just a tiny slice (somewhere between 3.5% and 7% , depending on the source) of the venture capital pie. On top of that, reports indicate a significant pay gap for women in Web3 finance roles, possibly worse than in traditional finance, and female experts still struggle for visibility in the media or on influencer lists. So, Have Women Really Found Their Place in Web3? With all that in mind, have women truly cemented their place in Web3? It feels like the answer is an emphatic "Yes" but there's still plenty of work ahead. You can't deny the progress, but reaching real equality is going to take continued focus. Women are actively creating their own spaces, building valuable networks, and leading significant projects, often using the decentralized tools crypto offers. People like Clara Bullrich, who helps run women-centric DAOs like Komorebi, are perfect examples of this push to build supportive ecosystems from the ground up. Education is playing a huge part in opening doors. Binance, for instance, has rolled out several programs specifically designed to get more women involved. The company's Binance Women in Technology Academy in Turkey, working with Wtech, offers training on everything from blockchain basics and AI to NFTs and cybersecurity, with a goal to train 5,000 women over the next five years. Similarly, the exchange's Blockchain for Women Bootcamp in Africa , in partnership with Utiva, gave 300 women (chosen from 3,000 applicants) intensive training focused on landing actual jobs in the crypto field. Efforts like these, plus global networking events around International Women's Day and highlighting female community leaders (like the Binance Angels), directly target the known roadblocks: lack of specific knowledge, not having the right connections, and a shortage of visible role models. As Sheila Warren, who previously headed the Crypto Council for Innovation, pointed out , deep-seated cultural ideas about who gets to take risks or be "good at tech" need active challenging. It's about more than just opening the door; it's about making sure the room is welcoming and set up for everyone to succeed. When you look at the whole picture, women aren't just finding some spot in Web3; they're actively shaping it. Yes, big challenges like the gaps in leadership and funding are still very real. But the clear increase in female investors, developers, marketers, and founders—fueled by dedicated efforts from organizations like Binance and countless others—marks a significant change. The industry seems to be waking up to the fact that real decentralization and widespread adoption mean everyone needs to be involved. Getting to full equality won't happen overnight, but the foundation is definitely being built, one block at a time.
Zawya
20-03-2025
- Business
- Zawya
Binance Clubhouse: The hub for blockchain innovation during TOKEN2049
Further cementing the Middle East's position as a global hub for blockchain innovation. Dubai: Binance, the world's largest cryptocurrency exchange by trading volume and users, announced last year a strategic partnership with TOKEN2049, the premier global events platform for digital asset professionals and enthusiasts. Taking place in Dubai from 30 April to 1 May 2025, TOKEN2049 is returning to Dubai to feature influential speakers and exclusive networking opportunities aimed at bringing together the Web3 community and industry professionals. This year, Binance will be bringing back its sought-after Binance Clubhouse at Madinat Jumeirah. The exclusive space will serve as a hotspot for the crypto community, driving the conversation on responsible innovation and global adoption, setting the standard for what's next in blockchain technology. It will offer attendees a co-working and networking space, insightful talks and special guests from key industry voices and Binance representatives, games, giveaways, and experiences. Binance Clubhouse will be the hub for those who are not only seasoned enthusiasts but also curious newcomers looking to collaborate with industry leaders. Binance is the title sponsor of this year's TOKEN2049, further solidifying its leadership in the Web3 space and the region's expanding crypto landscape. Binance CEO, Richard Teng, will also be on the ground at the Binance Clubhouse, engaging with the community and sharing insights on the future of the industry. 'We are thrilled to reunite with TOKEN2049, bringing back our much loved Binance Clubhouse. With over 1,500 events annually, Binance Clubhouse remains a cornerstone of our vision, empowering the next chapter of Web3. Designed for both industry veterans and curious newcomers, this space offers something for everyone - connection, impactful conversation, growth, and inspiration.' Rachel Conlan, Binance Chief Marketing Officer TOKEN2049 offers high-profile speakers and unparalleled networking opportunities designed to unite the Web3 community and professionals in the space, particularly in the MENA region, as Dubai continues to establish itself as a global center for cryptocurrency and blockchain innovation. The collaboration between Binance and TOKEN2049 spotlights their leadership in the blockchain space and highlights the combined efforts to foster deeper connections within the community, and empower developers, enthusiasts, and newcomers to collaborate with prominent industry figures. By uniting these key players, this partnership aims to accelerate innovation and shape the future of decentralized finance globally. About Binance Binance is a leading global blockchain ecosystem behind the world's largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 240 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: About TOKEN2049 TOKEN2049 is a global Web3 event series, organized semi-annually in Singapore and Dubai, where decision-makers in the global crypto ecosystem connect to exchange ideas, network, and shape the industry. TOKEN2049 is the preeminent meeting place for entrepreneurs, institutions, industry insiders, investors, builders, and those with a strong interest in the crypto and blockchain industry.
