BREAKING: 🇺🇸 Legislation that would overturn SEC rule preventing highly regulated financial firms from custodying #Bitcoin and crypto PASSES the Senate.
The consequences for the Tornado Cash developers are all the more reason why it is of paramount importance to create disruptive technology anonymously or pseudonymously. If you know your creation is going to be poking the bear, regardless of open source or not, you must take every action in your power to protect your identity. In the case of Tornado Cash, the consequence is jail time. In some other cases, the consequences could even be dire. Building with Satoshi level opsec makes building orders of magnitude harder and there is no glory in it, but if that’s the trade off for changing the world, and possibly having even a chance at a normal life in parallel, it’s worth taking. If you’re interested in doxxing for glory or for community, don’t build anything revolutionary, you’re just going to end up in trouble. Of course if a motivated state actor wants to find you, they likely will, but don’t make it easier than it needs to be.
The AuM of all crypto ETFs now stands at $67 billion, with a year-to-date inflow reaching $5.2 billion. This speaks volumes about the growing trust in #crypto investments. 💪
🧵 Good news for #Bitcoin enthusiasts! The currency is in a rising trend channel in the medium long term, signalling increasing optimism among investors. There's no resistance in the price chart and further rise is indicated. 📈
Inflows into crypto exchange-traded funds (#ETFs) reached a record of $2.45 billion last week, according to CoinShares. This substantial influx has propelled the asset under management back to levels last seen in December 2021. 💰
Lastly, there's Painting the Tape/Marking the Close. This involves influencing the closing price of a stock by executing trades at or near the close of the market to affect the stock’s price
https://t.co/aN5FNpGLaZ
🧵Let's talk about the dark side of the stock market: Market Manipulation. It is a deliberate attempt to interfere with the normal operation of financial markets, often for personal gain. #StockMarketManipulation
Arguably the most popular one, Insider Trading, involves buying or selling a security while in possession of non-public information about the stock. This undermines the level playing field that is crucial to market integrity. #InsiderTrading
https://t.co/bVqz9C39MK
6/6 With the Dencun upgrade now live on the second testnet, we're just one step away from its full deployment. The anticipation in the crypto community is palpable!
https://t.co/UhIfIneNdq
1/6 Ethereum's next big upgrade, Dencun, is making waves. Aimed at improving scalability, Dencun introduces Proto-Danksharding, a key feature that will enhance the network's performance #Ethereum#DencunUpgrade
https://t.co/3Idceonw2A
5/6 Another major highlight of the Dencun upgrade is Shard Blob Transactions. This feature is set to lower Layer 2 fees and improve data availability, making Ethereum an even more appealing platform for developers