Tech
AllianceBlock launches solution enabling users to prove their digital ID without compromising privacy
AllianceBlock announced on November 9 the launch of its Trustless IDentity Verification (TIDV) solution on Mainnet. The initial integration will take place through the Fundrs platform with the aim of developing smooth pathways into decentralized finance (DeFi).
Trustless Identity Verification is an application built on blockchain technology that addresses the issue of securely exchanging verified data. To make this a reality, one group of users must first demonstrate their digital identification without compromising their privacy.
The second group of users will be able to evaluate the participants with full faith in the authenticity of the data, which will assist in avoiding any regulatory issues. By only needing the Know Your Customer (KYC) procedure to take place once with TIDV integrated solutions, TIDV makes it easier for consumers to engage with goods that require compliance.
Users may have peace of mind knowing that their personal information is held solely by themselves and the companies or organizations whose services or products they have requested access to. No single record of their data is kept by any other party, not even GBG (Global Identity Services) or AllianceBlock.
CEO and Co-Founder at AllianceBlock, Rachid Ajaja, said:
“Trustless IDentity Verification has the ability to revolutionize the way compliance is managed in DeFi and blockchain. It will give users complete control over their online identities and let them connect to different integrated dApps and revoke permissions if needed.”
Key features of TIDV
One of TIDV’s most appealing features is that it requires customers to go through the KYC procedure just once in order to create a verified identity that can be used for verification purposes with TIDV-integrated dApps and apps.
Most industry professionals predict that regulations pertaining to DeFi will soon be implemented, and retail investors are already acutely aware of the need to find a suitable compliance solution.
Users need to verify their identification with AllianceBlock’s identity verification partner, GBG, and link their crypto wallet once with TIDV.
Boris Huard, Managing Director, EMEA, at GBG, stated:
“GBG’s Know Your Customer (KYC) solutions help bridge the gap between traditional finance and decentralised finance. Our global end-to-end solutions are quick to deploy and ensure the identities of potential users are verified in seconds, creating a secure environment that meets compliance needs without sacrificing the user experience.
Users protected from moment of onboarding
AllianceBlock’s integration into the platform guarantees that blockchain users are protected from the moment of onboarding, with no disruption to the user experience, by means of thorough and trustworthy KYC checks.
Startups may need KYC to comply with regulations, and prospective capital providers (funders) can undertake KYC on TIDV to participate in KYC-required fundraising rounds. Ultimately, TIDV’s integration with Fundrs allows for compliant fundraising rounds. dua Token, the first listing on Fundrs, will also utilize this new interface to conduct compliant fundraising rounds.
Future integrations include the DeFi Terminal, DEX, and Data Tunnel. Being able to undertake KYC once and apply the same verification across numerous solutions makes it easier for consumers to participate and interact compliantly across these solutions and reduces the number of submissions they must make.
The post AllianceBlock launches solution enabling users to prove their digital ID without compromising privacy appeared first on Finbold.
Crypto Currency
TronBank Positions Itself as a Yield-Focused DeFi Hub on TRON
TronBank is emerging as a growing decentralized finance platform within the TRON ecosystem, aiming to combine on-chain banking functions with yield generation tools. As activity across TRON-based DeFi continues to expand, TronBank is positioning itself as an access layer for users seeking passive income, capital efficiency, and simplified interaction with decentralized financial products.
Built on the TRON blockchain, TronBank focuses on speed, low transaction costs, and accessibility—core attributes that have helped TRON remain a popular network for retail-focused DeFi use cases. The platform’s design reflects a broader trend within DeFi toward protocol-level financial services that resemble traditional banking, while remaining non-custodial and transparent.
TronBank’s Role in the TRON DeFi Ecosystem
At its core, TronBank functions as a DeFi banking protocol, offering users tools to deploy capital into yield-generating strategies native to the TRON network. Rather than positioning itself as a single-purpose application, TronBank aims to serve as an integrated financial layer where users can manage assets, earn yield, and interact with DeFi products through a unified interface.
The protocol benefits from TRON’s infrastructure advantages, including fast block times and minimal fees, which reduce friction for frequent on-chain interactions. This makes TronBank particularly suited for users who prefer active yield strategies without the high costs often associated with Ethereum-based DeFi platforms.
Yield Generation and Token Utility
TronBank’s ecosystem revolves around its native token, which plays a central role in governance, incentives, and platform utility. Token holders may benefit from protocol-driven rewards, participation in ecosystem decisions, and potential fee-sharing mechanisms, depending on the platform’s evolving economic model.
Yield opportunities on TronBank are structured to appeal to both conservative users seeking steady returns and more active participants pursuing higher-yield strategies. By focusing on sustainability rather than short-term incentives, the platform appears to be aligning itself with longer-term DeFi participation rather than speculative farming cycles.
This approach reflects a broader shift in DeFi, where protocols are increasingly emphasizing capital efficiency, risk awareness, and predictable returns over aggressive emissions.
Security, Transparency, and User Focus
Security remains a critical factor for DeFi adoption, particularly for platforms positioning themselves as financial infrastructure. TronBank emphasizes on-chain transparency and non-custodial asset control, allowing users to retain ownership of funds while interacting with smart contracts.
While DeFi platforms across the industry continue to face scrutiny over risk management, TronBank’s positioning within the TRON ecosystem may benefit from the network’s established user base and stable transaction environment. As always, users are expected to evaluate smart contract risk independently when engaging with decentralized protocols.
Why TronBank Is Gaining Attention
TronBank’s growing visibility reflects increasing demand for DeFi products tailored to high-throughput, low-cost blockchains. As capital continues to flow into alternative Layer 1 ecosystems, platforms like TronBank stand to benefit from users seeking efficiency without sacrificing functionality.
By framing itself as a decentralized banking layer rather than a single-feature DeFi application, TronBank is tapping into a narrative that resonates with both retail users and yield-focused participants. If adoption continues, the platform could become a notable component of TRON’s broader DeFi landscape.
As decentralized finance matures, protocols that combine usability, cost efficiency, and sustainable incentives are likely to define the next phase of growth. TronBank’s development trajectory suggests it is aiming to be part of that evolution.
Tech
New X Location Feature Triggers Kidnapping Fears and Racism Across the Crypto Community
The social media platform owned by Elon Musk has implemented a mandatory update revealing the region or country of every user, generating an immediate and negative backlash. This new X location feature, recently activated, has provoked an alarming rise in hate speech and set off alarms regarding the physical safety of investors. Nikita Bier, the company’s Head of Product, defended the measure asserting it is a crucial step to secure the integrity of the “global town square” and verify content authenticity.
The update, known as “About This Account,” automatically displays the geographic location based on IP address and other registration data on every user’s profile. Although the company argues this helps combat misinformation and bot activity, the reality for many has been quite different. The tool cannot be fully disabled, forcing users to reveal at least their general region, eliminating a layer of anonymity that many considered vital.
Is transparency endangering the lives of digital investors?
The social impact was instantaneous and toxic. Hundreds of accounts began reporting targeted harassment based on their nationality, with xenophobic insults flooding timelines. Prominent figures in the sector, like 0xMarioNawfal, strongly condemned this trend, noting that mocking people from India, Pakistan, or Nigeria for their origin reveals an unacceptable lack of ethics. This shift has fractured the meritocracy that used to characterize tech discussions, replacing it with harmful regional prejudices.
However, the consequences go beyond verbal insults. In the world of cryptocurrency, where wealth is digital but holders are physical, forced geolocation presents a tangible risk. Security experts warn that this exposure facilitates the work of criminals seeking targets for extortion or kidnapping. By knowing the approximate location of large asset holders, criminals can narrow their search radius, putting individuals who were previously protected by pseudo-anonymity in real danger.
Is sacrificing personal safety worth it to reduce bots?
The digital financial community has reacted with urgency, advising users to change their settings from “country” to “region” to mitigate the precision of the exposed data. The investor known as Beanie warned that this move is “terrible” given current security risks, especially with the recent history of violent incidents targeting crypto holders. The elimination of geographic anonymity weakens the primary defense against malicious actors operating in the physical world.
Looking ahead, the tension between the platform’s vision of transparency and users’ need for privacy seems destined to escalate. While X seeks to clean its ecosystem of fake accounts, it might be unintentionally driving away legitimate and valuable users who prioritize their personal safety. We are likely to see an exodus toward platforms that guarantee greater privacy or the massive use of VPNs to spoof these new mandatory location tags involving blockchain users.
The post New X Location Feature Triggers Kidnapping Fears and Racism Across the Crypto Community appeared first on The Cryptocurrency Post.
Tech
Elon Musk’s AI projects Bitcoin at $120,000 after second Fed rate cut
Grok, Elon Musk’s artificial intelligence, projects new momentum for Bitcoin and XRP. This forecast comes after the U.S. Federal Reserve (Fed) announced its second consecutive rate cut. The decision seeks to stimulate the slowing economy, moving the federal funds range to 3.75%-4%. Grok’s prediction on Bitcoin and XRP suggests a favorable scenario.
The Federal Reserve approved the rate reduction with a 10-2 majority vote. The objective is clear: to curb the employment slowdown in the country. Historically, this type of expansionary monetary policy benefits risk assets. Immediately after the announcement, Bitcoin showed volatility. It briefly fell to $110,000 but managed a slight recovery above $110,600.
Grok’s prediction on Bitcoin and XRP is not isolated. Market analysts support this optimistic view. Improved global liquidity and rate cuts are key factors. Furthermore, institutional inflows into spot ETFs for Bitcoin continue to be robust. According to data from Farside Investors, these funds hold over $60 billion in assets. Figures like Michael Saylor project Bitcoin between $150,000 and $200,000 by 2025.
How high can BTC and XRP go according to artificial intelligence?
Grok’s analysis estimates an 8% rise for Bitcoin in the coming days. The projection for November places BTC at the $120,000 level. However, caution remains if Fed Chair Jerome Powell adopts a conservative tone. For XRP, the forecast is also positive. The AI detects that XRP is more sensitive to changes in interest rates. This is due to its use in cross-border payments. Grok projects that XRP could reach $3, a 14% rise by November.
The rate cut fosters a positive scenario for the digital economy. The AI forecasts reinforce a narrative of a moderate bull cycle. This cycle is supported by macroeconomic fundamentals and growing institutional interest. Nonetheless, AI projections face inherent limitations. Models cannot reliably anticipate unexpected regulatory events. Therefore, every strategy must be supplemented with research and responsible risk management.
The post Elon Musk’s AI projects Bitcoin at $120,000 after second Fed rate cut appeared first on The Cryptocurrency Post.
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