IOTA’s TWIN initiative aims to redefine global supply chains by reducing transaction costs and processing times by 50%, as highlighted by crypto analyst Lenny. The project, supported by heavyweight organizations like the World Economic Forum and TradeMark Africa, focuses on creating a neutral, open-source framework for secure data exchange. Pilot programs in the UK and Kenya have already demonstrated significant efficiency gains, with mainnet testing underway and an official launch slated for Q3 2025. Additionally, IOTA has introduced new tokens and updates, including IOTA Identity v1.6-beta, further solidifying its real-world utility in the crypto space.
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0 posts last weekYouTuber Exposes $800K Crypto Scam in Cebu
A YouTuber infiltrated and exposed an $800,000 crypto scam operating from the Skyrise building in Cebu IT Park, Philippines. The fraudulent call center used fake investment products such as Quantum AI and Bitcoin Code to lure victims from South Africa, Nigeria, and Gulf countries, previously targeting Canada, the UK, and Europe. The scammers operated under multiple aliases, including BMJ Data Processing Services and Virtual Wealth Exchange, exploiting the Philippines’ low labor costs and English proficiency to run their global fraud scheme. The YouTuber’s live confrontation and CCTV hack revealed the operation’s scale and methods.
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