Earlier tonight the Third Circuit issued a short order in Coinbase’s mandamus action today. The court noted the SEC’s suit against us this morning and asked the SEC whether that means the SEC has decided to deny our pending petition for rulemaking. The SEC has 7 days to respond.
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Today we charged Binance Holdings Ltd. (Binance); U.S.-based affiliate, BAM Trading Services Inc., which, together with Binance, operates https://t.co/swcxioZKVP; and their founder, Changpeng Zhao, with a variety of securities law violations.
https://t.co/H1wgGgR5ir
The recent launch of the #Ordinals protocol has led to a significant increase in the Bitcoin network's activity and user base. This groundbreaking development enables efficient management of NFTs on the BTC blockchain, a space formerly dominated by Ethereum.
The new protocol allows for the uploading, purchasing, storage, and transfer NFTs within the Bitcoin network. This surge in activity is also accompanied by a rise in transaction fees, ultimately benefiting miners with increased revenue. #Bitcoin #NFT #BlockchainTechnology
1/5 I came across an interesting project called #Worldcoin, which aims to establish an open, permissionless identity protocol known as World ID. It's designed to verify human identity online while preserving anonymity through zero-knowledge proofs. However, I have a few concerns.
https://t.co/sBsQ4Mzyca
4/5 My third concern is the protocol's relevance. Major social networks have learned to identify AI-generated content, and the AI detection systems are constantly improving. Eventually, AI might serve as great personal assistants but not necessarily as content creators. #AI
Whalemap observes that $5 billion worth of "whale" #BTC has been traded at current levels, with these coins dormant since Nov 12, 2021 (when BTC was at ATH).
All major #BTC transactions in 2023 have taken place in March, likely indicating "profit-taking". Between Mar 13-21, there was a significant inflow of BTC to exchanges.
Trading volume on DEX's experienced a significant 30% growth in 1Q 2023, showcasing the increasing popularity and adoption of #DEX platforms.
#DeFi#blockchain#decentralization