We want to provide an update on the current battle https://t.co/HrbX93fwkq finds itself in with the SEC. We are pleased to inform you that the Court did not grant the SEC’s request for a TRO and freeze of assets on our platform which was clearly unjustified by both the facts and the law.
Instead, we were able to reach a Court-ordered agreement with the SEC that allows us to continue our ordinary course business. There has never been any evidence presented by the SEC concerning mis-use of customer assets. In fact, the SEC lawyers conceded in Court earlier this week, when asked by the Judge, that they had no evidence suggesting that any such thing had occurred.
The SEC’s request would have effectively shuttered our business, which is consistent with the agency’s continued attempts to kill the crypto industry by any means, even by making allegations that are not supported by the facts.
This fight has damaged our business and our reputation but not our fighting spirit or our resolve to defend ourselves against unwarranted charges and “regulation by enforcement” tactics that do not belong in our system of justice.
We look forward to continuing to defend ourselves in court.
Today @urbit announced that they will build a Blockchain Operating System gateway.
Why is this cool? This will be the first 100% decentralized development environment, from the frontend to blockchain backend, the data/identity layers to sovereign @urbit servers. #NEARIsTheBOS
Before Developer Week comes to a close, we've got one more surprise announcement: we've partnered with the #NEAR Foundation to bring the @NEARProtocol Blockchain Operating System to Urbit.
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#NEAR APAC - BRINGING UNLIMITED FUTURE ONTO THE BLOCKCHAIN
Get ready for Near APAC - the largest event of the @NEARProtocol Ecosystem in the Asia Pacific region happening in #Vietnam 🇻🇳 from September 8-12, 2023.
Let's dive in 🧵👇
The future is looking bright for @NEARProtocol as they continue to deliver on their quest to unify the blockchain.
2023 has revealed plenty to be excited about and I’ve got you covered with what you’ve missed!🧵👇
#NEAR#NEARisNOW#NEARistheBOS
Despite everything, #NEAR continues to position itself as the number one place to build in the entire #Web3 ecosystem.
Let’s take a quick look back at what we’ve achieved so far 👇
The @NEARFoundation has partnered with @GoogleCloud to provide tech support for #NEAR grantees as they build their #Web3 dApps 🎉
The developer experience on NEAR Protocol just keeps getting better 💪
https://t.co/gOiFJ5iZBc
Here we erGO!
The Ergo token ($ERG) is officially available in the Zelcore wallet.
Ergonauts can now use Zelcore to interact with Ergo dApps and markets such as NFT markets, Spectrum, ErgoPad and much more, as well as swap $FLUX and $ERG via Fusion. https://t.co/PhFYU1Jo5O
🚨 #Flux - #Ergo parallel asset distribution 🚨
Claims for the $FLUX - $ERG parallel asset open up on September 12th.
If you held your Flux in Zelcore, or in a #FluxNode or staked on @CoinMetro on May 5th, get ready for some free Flux!
Double snapshot coming in Oct.
#NodeArmy
🚀 LunarCrush AltRank™ in Action:
Each time #LunarCrush's AltRank™ went below 10, $FLUX saw a +25% increase in price 📈 capturing the meat of this week's moves.