Woods

@Go_Karsa @BobbyThakkar sounds like you've cracked the code ;)

@BobbyThakkar Most people won't even start If it takes 6 steps to get in. That’s why we focus on making onboarding simple... So people can actually use stablecoins for real things like paying for tools, subscriptions, sending USD, or off-ramping without delay.

stablecoins work. the onboarding doesn't can't put a normal person through a 6-step KYC flow and call it the future of payments

@AlekPerak @BobbyThakkar from your POV is it a regulation requirement problem, a software problem, or something else?

@BobbyThakkar 10000% - kyb/kyc a huge pain rn

@hazani94 @0xshei @defyneric hey @hazani94 - anything persona could do better here?

@0xshei @defyneric That’s one leg of the problem, agreed. The KYC leg for the end customer is an even bigger pain. You want to get the card, fiat rails, (plus plus) all working for the user in one streamlined flow but we’ve found that the success rate is low. One of them will always spaz out.

as a neobank owner what are your biggest painpoints?

@StevenFgr @defyneric do you have a favourite orchestrator @StevenFgr ?

@defyneric Fees of orchestrators

Onboarding is where many payment products break. More rails, geographies, and real-time payments = more risk + complexity. We’re partnering with Persona to keep onboarding, compliance, and money movement in sync - globally, via a single API. Details: go.moderntreasury.com/4copHWr

@AriEiberman would love to test it out!

@dbwoods11 hahahah well caught, ty... that's just a setting I added manually. It can be set differently.

Here’s a Visa Issuing program ROI calculator teaser. Been working on this for a couple days. A calculator that helps you estimate if your card program alone will be profitable or not. When you use it, you are up for a surprise.

@AriEiberman Full disclosure that I work for Persona, but still, I don't think Sumsub charges that much.

@AriEiberman KYC of $3 / user seems high IMO.

I believe there’s so much unnecessary confusion, frustration, and debate around age verification because we're treating two very different problems as one: 1/ Stopping kids from seeing inappropriate content 2/ Stopping adults from pretending to be kids I get why these are discussed together. Too much of (2) increases the risk of (1). But not all platforms face both challenges and certainly not at the same level, and treating them as the same problem leads to the wrong solutions and the wrong tradeoffs. I’m not a policy maker, but from our work at Persona, I’ve seen that the challenges, risks, and solutions for each of these problems are wildly different. Keeping kids from inappropriate content is a household-level problem. I don’t want to downplay the risks of social media or exposure to adult content. However, sacrificing broad privacy to solve what is fundamentally a parental controls problem doesn’t feel like a great bargain. Stopping adults from impersonating kids is a platform-level problem. It jeopardizes the safety and integrity of the community and at its core, it's fraud where adults have far more resources than kids. Unfortunately, the challenge is that more effective solutions tend to compromise more privacy. The best approaches evaluate how much of a tradeoff is worthwhile given the risks. When the risks of a technology don’t match the benefits of the problem it solves, public concern is justified. Applying fraud prevention techniques to what should be a parental controls problem is overreach. And a half-baked solution to adult impersonation is possibly worse. It’s security theatre where privacy is sacrificed but minimal assurance is gained. The more I work on this and the more I hear from all of you, the more I believe that if some privacy must be lost, some privacy should be gained elsewhere in return. The right framework is one that splits knowledge to prevent abuse. No single organization should know both: 1/ who you are 2/ what you are doing If Persona has to know who you are, we should make sure we don’t know what you’re doing or what app you’re using. And if a platform knows what you’re doing, they shouldn’t know who you are. This is not where the world is at today, and this framework is by no means perfect. But I think it’s better, and I’d love your feedback as we build it.

@IntCyberDigest Added context from the CEO here linkedin.com/feed/update/ur…

‼️LinkedIn sends your face and other personal data to a “global network of trusted third-party data sources” including law enforcement. Just like Discord, they use Persona. Your ID and photo are used to train their AI.

@kontigo_app @grok translate the photo to English

Avance Oficial: Kontigo repondrá el 100% de los montos impactados. ⏱ Próxima actualización: 7:00 p.m. VE

Today we’re launching the Chainlink Automated Compliance Engine (ACE) partner ecosystem, featuring 20+ leading compliance providers, frameworks, & regulators powering the next generation of onchain compliance ↓ The Chainlink ACE partner ecosystem is a network of trusted vendors whose solutions are now natively compatible with ACE. These partners recognize ACE as the standard for onchain compliance and are integrating their data & services directly into ACE to unlock complete compliance, monitoring, & reporting solutions. At launch, the Chainlink ACE partner ecosystem includes: IDENTITY PROVIDERS • GLEIF—Brings trusted global identity standards to ACE users. • World—Connects its decentralized World ID to ACE users, allowing World’s proof-of-human protocol to be composed anonymously with data from other ACE partners. • SumSub—Enables reusable digital identity for users to leverage within ACE through SumSub’s KYC/KYB. • Persona—Allows ACE users to leverage reusable digital identity via Persona’s KYC/KYB verification. • Proof—Provides cryptographically secure, verified digital identities for ACE users—both individuals & organizations—to sign and protect their transactions. • Veridian by the Cardano Foundation—Enables ACE users to issue GLEIF’s vLEI-based credentials offchain, which are then delivered onchain in the form of CCIDs. RISK SCORING PLATFORMS • Chainalysis—Streams wallet and transaction risk scores directly into ACE policies for institutional-grade AML controls. • TRM Labs—Provides real-time risk intelligence to ACE, enabling issuers and protocols to block sanctioned or high-risk activity. • Hypernative—Provides real-time risk intelligence to ACE, enabling issuers and protocols to block high-risk activity. • CipherOwl—Delivers risk scores into ACE to power agile, customizable compliance rules. • Llamarisk—Audits ACE-enabled tokens to provide independent risk scores and assessments. MONITORING & REPORTING • Bluprynt—Designs, runs, and manages compliance policies directly on ACE for institutions, while also fulfilling regulatory reporting obligations via automated disclosures and regular or on-demand compliance reports. • Hacken—Builds real-time security monitoring and alerting on top of ACE to detect threats and abnormal behavior. • Kaiko—Delivers market data and analytics leveraging ACE transaction data logs. • Hummingbird—Offers a case management and automated SAR reporting solution on top of ACE. TOKENIZATION PLATFORMS • Apex Group—Enforces end-to-end compliance across its tokenization infrastructure. • Chintai—Uses ACE to define investor and transaction eligibility requirements for Chintai assets in public blockchain environments. BLOCKCHAINS & LAYER-2 NETWORKS • Ethereum for Institutions—Co-designs and drives institutional adoption of ACE. • Linea—Establishes ACE as the standard for compliance in the Linea ecosystem. • Taiko—Leverages ACE for tokenization use cases within the Taiko ecosystem. INDUSTRY FRAMEWORKS • ERC-3643—Unlocks compatibility with the ERC-3643 token standard with ACE’s offchain policy. • ERC-7943—Co-authored by Build member Brickken, the ERC-7943 token standard uses ACE to power compliance and interoperability. • Digital Securities Initiative (DSI)—Recognizes ACE as a trusted compliance standard, and is collaborating with Chainlink Labs to make ACE compatible with DSI's regulatory frameworks. The Chainlink ACE partner ecosystem establishes ACE as the industry standard for onchain compliance, uniting identity, risk, and regulatory infrastructure into the most complete, modular, and enterprise-grade compliance network for digital assets. Integrate your data & services directly into ACE: chain.link/automated-comp…

@sadbryce 😂

Preview of our ETH Denver merch

@AnnikaSays So in. When and where

Board game night at ETHDenver? Who's in

@KevLeht Great event!

Last night at the first Stable NYC happy hour we had over 100 people show up in the freezing cold to talk about stablecoins from companies including Mastercard, Revolut, Airwallex, Borderless.xyz, Brex, Privy, Coinbase, Bridge, Robinhood, BVNK, Lazer, Ondo, Mountain Protocol, Agora, Paxos, Bitgo, a16z, Dragonfly, Mural, Fireblocks, Portal, and many, many others. The genuine interest in the space is absolutely incredible. The era of stablecoins has begun 🔥. Thank you to @privy_io, especially @segall_max and @sternhenri; @staystablexyz, especially @dr3wrogers; @Lazer_HQ, especially @GSkrovina; and @dragonfly_xyz, especially @HadickM, for co-hosting alongside Borderless.xyz.

@FelixGerlach V cool. Were you at the show? Got an extra for a friend? 😅

1 out of 500

@beam_cash See you there!

Beam will be at Money2020 in Las Vegas. Would love to meet up if you'll be attending!

@minchoi i thought this was @othership_us for a sec. @robbiebent1 how about some of these spinning tops in store??

Just a week ago, OpenAI dropped o1, a groundbreaking model with advanced "reasoning" Creators are getting insanely creative with it. 10 wild examples:

@andruyeung lets do it!

Looking to host a basketball game in Manhattan. 5v5 or 4v4. Half-court or full. Intermediate level (i.e. you've played casually for 5+ years) Could be a fun way to meet people. Who hoops?

@cryptothegame_ @Uniswap Wow didn’t have that on my bingo card, but I’m pumped for you!

Excited to share that CTG has been acquired by @Uniswap 🎉 We're forever grateful to our players and the entire CTG community. We now have the full force of Uniswap Labs behind us, and we're going to use it to make S3 the best one yet.