Consensys: ETHEREUM SURVIVES THE SEC.
Today we’re happy to announce a major win for Ethereum developers, technology providers, and industry participants: the Enforcement Division of the SEC has notified us that it is closing its investigation into Ethereum 2.0.
This means that the SEC will not bring charges alleging that sales of ETH are securities transactions.
https://x.com/consensys/status/1803230653120659641
Today we’re happy to announce a major win for Ethereum developers, technology providers, and industry participants: the Enforcement Division of the SEC has notified us that it is closing its investigation into Ethereum 2.0.
This means that the SEC will not bring charges alleging that sales of ETH are securities transactions.
https://x.com/consensys/status/1803230653120659641
Japan Banking Giant Norinchukin To Liquidate $63 Billion In Treasuries & European Bonds To Plug Massive Unrealized Losses
$779 billion Bernstein says Bitcoin ETFs about to be approved at major financial institutions.
A very normal week in crypto:
- $DJT saga involving trumps son, token ran to >300m in 24h
- CT found out that shkreli was behind the token this whole time
- martin and GCR $100M bet about $DJT, cobie the escrow gcr
- zachxbt calls out shkreli w/ twitter DM receipts
- ansem and cobie debate on celebrity meta
- arkham offers $150k bounty if anyone proves identity of $DJT creator
- layerzero drops airdrop tracker - folks fudding
- end of airdrop farming meta??
- luca netz suspended from twitter
- eth is not a security
- kraken exchange exploit, certik allegedly exploited kraken for $3m, waited 5 days to disclose vulnerability
- curve founder had all his loans liquidated
- $DJT saga involving trumps son, token ran to >300m in 24h
- CT found out that shkreli was behind the token this whole time
- martin and GCR $100M bet about $DJT, cobie the escrow gcr
- zachxbt calls out shkreli w/ twitter DM receipts
- ansem and cobie debate on celebrity meta
- arkham offers $150k bounty if anyone proves identity of $DJT creator
- layerzero drops airdrop tracker - folks fudding
- end of airdrop farming meta??
- luca netz suspended from twitter
- eth is not a security
- kraken exchange exploit, certik allegedly exploited kraken for $3m, waited 5 days to disclose vulnerability
- curve founder had all his loans liquidated
ETH tailwinds in H2:
* Significant New Demand: Pending ETF approval
* Constrained Supply: Limited-to-zero net issuance
* Improved Regulatory Clarity: Just look at the ETF approval or the SEC dropping its Consensys lawsuit
* Radically Improved Throughput; The market doesn't yet realize the importance of the Dencun upgrade or the real rise of Layer 2s. Killer apps coming soon.
* Significantly Improved UX: Thank you Base
* Institutional Adoption: Firms like BlackRock embracing public blockchains will build first on Ethereum
* Cycle Timing: Classic alt-coin cycle coming
* Macro Conditions: Fed rate cuts
* Election: Possible major catalyst to adoption
Pretty sweet set-up tbh.
Source: Matt Hougan
* Significant New Demand: Pending ETF approval
* Constrained Supply: Limited-to-zero net issuance
* Improved Regulatory Clarity: Just look at the ETF approval or the SEC dropping its Consensys lawsuit
* Radically Improved Throughput; The market doesn't yet realize the importance of the Dencun upgrade or the real rise of Layer 2s. Killer apps coming soon.
* Significantly Improved UX: Thank you Base
* Institutional Adoption: Firms like BlackRock embracing public blockchains will build first on Ethereum
* Cycle Timing: Classic alt-coin cycle coming
* Macro Conditions: Fed rate cuts
* Election: Possible major catalyst to adoption
Pretty sweet set-up tbh.
Source: Matt Hougan
PSA: it seems like the mailing list provider the EF uses for "[email protected]" has been compromised. We are currently trying to reach @ SendPulseCom
to resolve the issue. Please don't click any links sent from that email. Here's a sample fake email that was received: — Source
to resolve the issue. Please don't click any links sent from that email. Here's a sample fake email that was received: — Source
Japanese public company Metaplanet issues ¥1 billion in 0.5% bonds to buy more Bitcoin