BREAKING: The CLARITY Act, the most important crypto regulation bill in U.S. history has officially been placed on the Senate Legislative Calendar.
The bill cleared the Senate Banking Committee on May 14 with a 15 to 9 bipartisan vote. It is now formally in the queue for a full Senate floor vote.
If passed, the CLARITY Act would for the first time establish clear legal boundaries between the SEC and CFTC over crypto, ending years of regulatory uncertainty that has allowed manipulation and fraud to operate freely across the industry.
This research involves multiple countries and thousands of Visa application fraud, Turkey is banning entire research and every social media post about the frauds... They stole from entire generations...
Vize devi VFS ve iş ortağı Gateway’in faaliyetlerini ele aldığımız “Vize imparatorluğu” yazı dizisine ilişkin ne kadar tweet’im varsa bugün hepsine erişim engeli getirildi. Hatta erişim engeli getirildiğine ilişkin tweet’e de erişimi engellediler. Belki bunu da engellerler.
@TheWarKettle definitely not. actually as € earning part of the population, the way Turkey controls the curreny affect us even worse. Euro should be at least 100₺ so that I could eat a meal for 5€.
🇹🇷 JUST IN: Ripple expands its USD-backed stablecoin RLUSD to Türkiye through partnerships with BiLira, Bitexen, and Bitlo, giving Turkish institutions access to enterprise-grade dollar liquidity.
🚨ANTHROPIC JUST MADE AI HISTORY
Anthropic has reportedly secured a massive $65 billion Series H round, making it the largest private AI deal ever.
The raise puts Claude’s maker at a $965 billion valuation, pushing it past OpenAI’s reported $852 billion mark.
Even crazier: Anthropic’s annual run-rate revenue has crossed $47 billion, up 10x year over year.
This single round is bigger than four years of Indian startup funding combined.
AI capital wars are no longer heating up. They are exploding.
𝗧𝗛𝗜𝗦 𝗜𝗦 𝗔𝗖𝗧𝗨𝗔𝗟𝗟𝗬 𝗜𝗡𝗦𝗔𝗡𝗘.
– Europol raided an office in Latvia few weeks ago and what they found inside is hard to believe.
– Latvia's counterterrorism unit OMEGA smashed through the doors with flashbang grenades.
– Inside were 1,200 SIM box devices stacked floor to ceiling. 40,000 active SIM cards. Connected to 80 countries simultaneously.
– They were running two websites, Gogetsms and Apisim where criminals could rent a phone number from any country on demand.
– Those numbers were used for phishing, bank fraud, investment scams, extortion, and migrant smuggling.
– 3,200 confirmed fraud cases in Austria and Latvia alone.
– $5.8 MILLION in confirmed losses.
– Police seized 4 luxury cars, $470,000 in frozen bank accounts, and $290,000 in crypto.
– 7 people were running the entire operation.
– The operation was called SIMCARTEL.
– 49 MILLION fake accounts were created using their service.
The same apps that make you jump through 6 verification steps just to log in.
49 million fake accounts got through while you were still waiting for your SMS code.
OnlyFans is Hacked 🚨
Apparently OnlyFans has been hacked and they're selling the complete database of 340 million users
including data of content creators and consumers.
The leaked data includes
- Usernames and profile names
- Email addresses
- Phone numbers
- Account creation dates
- Follower/subscriber metrics
- Creator/fan rankings
- Linked social media profiles
- Partial payment card metadata (last 4 digits of the card)
The result of this is going to be a massive wave of extortion attempts against users
Selahattin is probably laughing at the naive "Turkish Left" from his prison. Ekrem was not enough for them to understand that democracy theater is there as long as you hold your role.
New #Turkey is here, Iranian friends were warning for decades, this is how you lose.
It's not like people are not aware, it's just democracy tools are all consumed, and no democratic method exists to change the rulers anymore. So modern civilized society got stuck in a loop of death spiral. Everyone is aware, no one can do anything.
⚡️Turkey is what monetary credibility death looks like before the state itself collapses.
The country still functions.
People still go to work.
Banks still open. Markets still trade. The government still rules. But the currency has been spiritually broken. The lira still works as a payment rail, but it no longer works as a trusted vessel for stored time.
That is the real fracture.
Once citizens stop believing the unit of account, everything becomes defensive. Households flee into dollars, gold, real estate, crypto, inventory, foreign assets, anything that might hold value better than the domestic paper. Businesses price with devaluation in mind. Workers demand wage adjustments before prices move again. Foreign investors demand absurd yields to hold local debt. The central bank has to fight not just inflation, but memory.
Memory is the killer.
People remember being diluted. They remember being lied to. They remember watching savings die. Once that memory embeds, policy credibility becomes brutally expensive to restore. A 30%+ yield is not “opportunity.” It is the bond market saying trust has to be rented at emergency prices.
Turkey’s story is not just bad monetary policy. It is political control overriding monetary discipline until the currency became the shock absorber for the regime. That is the lesson. When leadership treats the currency as a tool of political convenience, eventually the population treats the currency as something to escape.
That is when the loop becomes self-feeding.
Weak lira raises import costs. Import costs raise inflation. Inflation weakens trust. Weak trust drives dollarization. Dollarization weakens the lira further. Higher rates slow the bleeding but also punish the real economy. Political stress rises. The government intervenes again. The market trusts even less.
That is credibility hell.
The lira has experienced a generational collapse in purchasing-power trust. The exact percentage matters less than the behavioral shift: citizens no longer treat the currency as a safe claim on the future.
For Bitcoin, this is the cleanest philosophical advertisement. People in reserve-currency countries treat hard-money arguments as ideology. People in weak-currency countries understand them as self-defense. Turkey is why the “what is money?” question is not academic. Bad money steals the future quietly, then suddenly.
For the U.S., the lesson is not “America becomes Turkey.” The U.S. has the reserve currency, deeper capital markets, military power, energy, tech dominance, and global collateral demand. Totally different structure.
The warning is colder: credibility is the ultimate reserve.
The dollar can absorb far more abuse than the lira because the U.S. system has empire-scale privilege. But even empire money is still belief-backed. Deficits, inflation, political pressure on the Fed, fiscal dominance, and financial repression all matter because they chip away at the invisible trust layer.
Turkey shows the end-state of that process in a weaker system.
@kilicdarogluk Şimdi takip edilmeye değer birisi oldun. Vay be Kemal, tarihte eşi benzeri görülmemiş olaylar silsilesi olarak izliyoruz. Unutulmayacağınız kesin. Nasıl hatırlanacağınız da...
Basit gerçek: @eczozgurozel'in yapması gereken en mâkul hareket, @tipgenelmerkez'e geçip işçinin partisinin yönetime gelmesini sağlamaktır.
Türkiye bir sınıf krizi yaşamaktadır, halk bunun farkındadır. Sınıf bütün ideolojilerden derindir.