BlogHide Reblurtsblurtyield in # crypto • 3 yr. ago • 1 min readSEC Keeps Gunning for RippleSEC wants 2nd Circuit to overrule Ripple XRP decision If Torres grants the commissioners’ request, she will pause litigation and not publish final judgments while interlocutory (and subsequent appellate) reviews of her rulings proceed. One thing I've not seen mentioned is that holding XRP in a private wallet requires a non-refundable 10…blurtyield in # crypto • 3 yr. ago • 1 min readThe SBF ShowEthereum Co-founder Vitalik Buterin Shares Insights on Sam Bankman-Fried’s Reputation Reputation for what, exactly? “I think a lot of people have this misconception that everybody deeply respected Sam and that he caught the entire ecosystem by surprise … but if you're looking at Ethereum influencers like Anthony Sassano, a lot of them…blurtyield in # crypto • 3 yr. ago • 2 min readStablecoins VitalUS Congressman McHenry Praises Stablecoins, Calls Them Vital To 21st-Century Payments Paypal announced the launch of PYUSD shortly after the House Financial Services Committee passed the Clarity for Payment Stablecoins Act , a bipartisan legislation that paves the way for regulated stablecoin issuers, ensuring consumer protection and…blurtyield in # crypto • 3 yr. ago • 1 min readTether UnleashedTether declares victory in class action lawsuit as judge dismisses case The case began in December 2021 when plaintiffs Matthew Anderson and Shawn Dolifka made allegations about USDT’s backing. This was based on findings from the New York Attorney General (NYAG) and the Commodities Futures Trading Commission (CFTC) as well as Tether’s own…blurtyield in # crypto • 3 yr. ago • 2 min readDeFi Black Swan or Curveball?You can be sure that when banksters bang on about market efficiencies what they are really talking about is profit margins. While some blockchain technologies may be able to accelerate transaction settlements, and hence cut fees, these are of little interest to the average sap stuck in a jurisdiction over-burdened with regulations that encourage…blurtyield in # crypto • 3 yr. ago • 1 min readCoinbase PushbackCoinbase (COIN) Drops 10% As CEO Discloses Absurd SEC Request After a shocking revelation by CEO Brian Armstrong, Coinbase, the Nasdaq-listed crypto exchange, saw its share price plummet by more than 10%. The reason: a controversial request from the US Securities and Exchange Commission (SEC) prior to the lawsuit against Coinbase. The SEC’s…blurtyield in # crypto • 3 yr. ago • 1 min readDigital DystopiasBank of Korea to Explore CBDC Testing in Selected Regions Outside Seoul The Bank of Korea (BoK) is making headway in its quest to develop and test its central bank digital currency (CBDC). According to a new report from the country’s local news outlet, the bank has selected three regions for the “private target CBDC test bed” outside Seoul…blurtyield in # crypto • 3 yr. ago • 1 min readUS Crypto BillsCrypto Bills Approved by Congress for Regulatory Clarity On Wednesday, July 26, 2023, The House Financial Services Committee voted on a set of crypto bills that could finally provide regulatory clarity to the domestic industry. Representative Patrick McHenry led 35 committee members to vote a resounding yes against 15 members in favor of…blurtyield in # crypto • 3 yr. ago • 1 min readCardano 101 CourseSlightly strange that they forgot one crucial bit of info: when does the course start!? Apparently, each new episode will be broadcast weekly on Mondays; so I assume that means tomorrow. Anyway, let's hope it will be interesting. This isn't quite announcing an announcement - but almost.blurtyield in # crypto • 3 yr. ago • 1 min readSEC Continues to Drag its KnucklesSEC Hints at Challenging Court XRP Ruling in Separate Lawsuit A hint, a wink, and probably talking to Fink. The SEC may appeal the recent court ruling in its case against Ripple Labs, asserting that the decision conflicts with fundamental securities laws principles, including the Howey test. Official response here Notice, that this…blurtyield in # crypto • 3 yr. ago • 1 min readA DeFi Renaissance?DeFi is so much more than just ‘number go up’: It’s a renaissance DeFi yield is more than just an appealing number — it’s an essential cog in the machinery of most protocols However, the focus is gradually shifting from chasing astronomical returns to more calculated strategies, creating opportunities for a larger demographic and…blurtyield in # crypto • 3 yr. ago • 1 min readFedNow is NowFed Opens Service That Dramatically Speeds Up U.S. Payments Some argue it would weaken crypto’s payments use case or form a bridge to a digital dollar. Federal Reserve announces that its new system for instant payments, the FedNow® Service, is now live "The Federal Reserve built the FedNow Service to help make everyday payments over…blurtyield in # crypto • 3 yr. ago • 1 min readUK Rejects Treating Crypto as GamblingUK Government Rejects Lawmaker Plan to Regulate Crypto as Gambling The Treasury says it has learned lessons from FTX's collapse, and that gambling law doesn’t deal with crypto risks. Regulating Crypto: Government Response to the Committee’s Fifteenth Report HM Treasury firmly disagrees with the Committee’s recommendation to regulate…blurtyield in # crypto • 3 yr. ago • 1 min readSEC Wants "Feedback" on BTC ETFsWhat Are Your Thoughts On Bitcoin ETFs? SEC Wants Feedback On BlackRock, ARK Invest "We encourage the public to submit comments on the following Cboe BZX Exchange, Inc. filings during the comment period," the agency said, citing Ark Invest's ARK 21Shares Bitcoin ETF, as well as pending ETFs from Wise Origin, WisdomTree, VanEck and Invesco…blurtyield in # crypto • 3 yr. ago • 1 min readAnd now it's over to Coinbase...Full transcript Somewhat like the Ripple case, I get the feeling many people just don't seem to understand the trap laid by the SEC - and that Coinbase fell into it. I agree with this: best to expand the full tweet as is quite comprehensive. Coinbase itself is quoted as admitting that: “Persons that effect transactions in crypto…blurtyield in # crypto • 3 yr. ago • 2 min readWhat did Ripple win?The crypto market has reacted positively to the summary judgment made in the SEC v. Ripple case, but what has actually been won? From the official document, here or here , For the reasons stated below, the SEC’s motion is GRANTED in part and DENIED in part, and Defendants’ motion is GRANTED in part and DENIED in part. This is…blurtyield in # crypto • 3 yr. ago • 1 min readLiving on BitcoinExec shares process of setting up a business in Switzerland with Bitcoin Pietro Poretti, the city of Lugano’s director of the economic development division, said that their goal is to allow people to live in the city using only Bitcoin. That's nice. According to Poretti, Bitcoin can now be used as capital to set up companies in Lugano.…blurtyield in # crypto • 3 yr. ago • 1 min readI don't want no freedomInstitutional investors shun self-custodial crypto solutions, PwC report finds The PwC and Aspen Digital study shows growing demand for institutional-grade digital asset custody solutions in Asia among family offices, high-net-worth individuals and external asset managers. The joint report released by the digital asset wealth platform…blurtyield in # crypto • 3 yr. ago • 1 min readUN ITU AI for GoodITU AI For Good Global Summit 2023 Press conference (Unedited) "AI for Good" has a double meaning in English. This push for AI-for-all strikes me as the perfect "plausible deniability" for the scum who want this everywhere. When AI fucks up, who's to blame? Also, ITU is the captured UN agency that will lie to your face about the safety…blurtyield in # crypto • 3 yr. ago • 2 min readDigital Currency GripesExpert Bids $1k for DCG’s Intellectual Property, Brand Amid Lawsuit If you're getting somewhat bored waiting for the Ripple case to exhale, there's always the dog and pony show known as DCG. In an open letter addressed to Silbert, Cochran expressed his intentions to bid $1,000 for DCG’s intellectual property (IP), brands, and self-issued…
