🚨 BREAKING: SolanaFloor has obtained exclusive video evidence exposing a $200M+ memecoin extraction scheme tied to @KelsierVentures , @MeteoraAG and @WEAREM3M3_ .
The footage, featuring DeFi Tuna Founder @CavemanDhirk and Ben Chow, lends further credibility to allegations of coordinated market manipulation.
The SEC asked for $2B, and the Court reduced their demand by ~94% recognizing that they had overplayed their hand. We respect the Court’s decision and have clarity to continue growing our company.
This is a victory for Ripple, the industry and the rule of law. The SEC’s headwinds against the whole of the XRP community are gone.
E77: @LucaNetz : Building @AbstractChain , the blockchain leading the next generation of consumer crypto
My conversation with Luca Netz, the CEO of @pudgypenguins is here on X and is up on YouTube, Spotify, and everywhere else. Links in comment.
FOMO Alert
Despite owning a few Pengus prior to this conversation, I had to FOMO into more Pengus after recording this in Dubai a couple of weeks ago.
0:00 Introduction
2:23 @Walmart Mega Deal
7:25 1,000,000 Units Sold
10:22 Mass Adoption Infrastructure
12:35 Acquiring @frame_xyz to build the biggest L2 in crypto
14:29 Digital Strategy
16:07 Social Media
17:48 @OverpassIP
20:17 Community, Culture & Distribution
22:28 Maximizing Potential
27:27 Last Price Run up
33:41 Community Arrogance
37:33 Building an Inclusive Community
42:38 Playing the Crypto Game
50:10 Penguins Airdrops Alpha
51:26 How do we get more holders?
54:34 Timing the Layer 2 Launch
56:34 Attracting Big Brains to Pudgy
59:18 Will every NFT Project launch a token?
1:01:53 Meme Coins
1:06:45 @LayerZero_Labs
1:07:45 @doodles
1:08:00 Ordinals
1:08:47 Execution Risk
1:09:50 Pudgy Penguins to 200 ETH
1:12:03 Message to the Pudgy Community
What is Macro/Crypto Summer and why does it matter?
Well, macro summer has started, its the part of The Everything Code cycle where the ISM picks up (GDP growth).... 1/
The most important part of this ruling:
“XRP, as a digital token, is not in and of itself a “contract, transaction[,] or scheme” that embodies the Howey requirements of an investment contract.”
This is a now a matter of law (not up for trial.)
Trying something new – some thoughts from me on the events (specifically the release of the Hinman documents) of this week. For me, this has all had a personal bent to it - and felt like it warranted some personal comments.
BREAKING:
There are rumours about Genesis Trading being insolvent despite receiving an infusion of $140 million a few days ago.
The parent company of Genesis is DCG, which is also the parent company of Grayscale.
Grayscale is one of the largest holders of bitcoin, worth $11B
🚨JUDGE TORRES DENIES SEC MOTION TO STRIKE FAIR NOTICE DEFENSE.
JUST ADDED to our Document Library:
✅Order from Judge Analisa Torres that Denies the @SECGov Motion to Strike @Ripple's Fair Notice Defense 👇
https://t.co/5LuEauaWAd