Ethpresso

#Web3 is my jam and crypto tax is the bread and butter.

[Brian Armstrong @brian_armstrong]

Regarding the SEC complaint against us today, we're proud to represent the industry in court to finally get some clarity around crypto rules.

Remember:
1. The SEC reviewed our business and allowed us to become a public company in 2021.
2. There is no path to "come in and register" - we tried, repeatedly - so we don't list securities. We reject the vast majority of assets we review.
3. The SEC and CFTC have made conflicting statements, and don't even agree on what is a security and what is a commodity.
4. This is why the US congress is introducing new legislation to fix the situation, and the rest of the world is moving to put clear rules in place to support this technology.

Instead of publishing a clear rule book, the SEC has taken a regulation by enforcement approach that is harming America. So if we need to avail ourselves of the courts to get clarity, so be it.

Btw, in case it’s not obvious, the Coinbase suit is very different from others out there – the complaint filed against us is exclusively focused on what is or is not a security. And we are confident in our facts and the law.

We'll get the job done. In the meantime, let's all keep moving forward and building as an industry. America will get this right in the end.

[Ignas | DeFi @DefiIgnas]

1/ The Real-World Asset revolution in #DeFi is already here — but many aren't paying enough attention yet.

Here's the current state of RWAs to help you catch the wave 🌊

[Edgy - The DeFi Edge 🗡️ @thedefiedge]

Life hack:

You should have 3 different hobbies.

• 1 to get you fit like lifting weights or yoga.
• 1 to increase income like programming or writing.
• 1 to keep your mind sharp - a learning or a creative hobby.

It's a nice system to stay balanced.

Do you have all 3?

[Ethpresso @Zzcafe3]

A nice summary or a refresh of the terms we have been hearing or talking about recently.

[Misha @mishadavinci]

A small group of really smart people are already working in 2030.

They will own the future.

Here are 28 terms that get you up to speed (starting today):

[Will Manidis @WillManidis]

SBF donating $40m to not go to jail for stealing $10b+ is one of the highest ROI trades of all time

[Ethpresso @Zzcafe3]

Pls fix, thx!

[Matt Walsh @MattWalshInBos]

Hey @WSJ fixed the headline, can you fix the rest of the article?

[Liz Hoffman @lizrhoffman]

Letter SBF sent today to FTX employees h/t @CoinDesk

[Sumit Gupta (CoinDCX) @smtgpt]

In my opinion, the much advocated “Proof of reserves” provides a standalone asset value, it only showcases one side of the part. There’s no visibility of liabilities. Proof of reserve without Proof of liabilities is only half the picture.
So let’s take it one step ahead and

[Ethpresso @Zzcafe3]

Jeez! That sounds like a gains hateeer.

[BrianFi @BrianFi_web3]

Crypto tax chat with @Zzcafe3

[Ethpresso @Zzcafe3]

Happy to join a coffee chat with Brian at @theblockcoffee podcast and talk about some potential tax implications of the upcoming ETH Merge.

[NFTevening ɢᴍ @NFTevening]

🤔 Everyone is talking about The Merge and praying for it to succeed, so what is Ethereum The Merge?

The thread below will help you understand what it is, the impacts and risks of #TheMerge
🧵 👇