After reviewing the Senate Banking draft text over the last 48hrs, Coinbase unfortunately can’t support the bill as written.
There are too many issues, including:
- A defacto ban on tokenized equities
- DeFi prohibitions, giving the government unlimited access to your financial records and removing your right to privacy
- Erosion of the CFTC’s authority, stifling innovation and making it subservient to the SEC
- Draft amendments that would kill rewards on stablecoins, allowing banks to ban their competition
We appreciate all the hard work by members of the Senate to reach a bi-partisan outcome, but this version would be materially worse than the current status quo. We’d rather have no bill than a bad bill. Hopefully we can all get to a better draft.
We'll keep fighting for all Americans and for economic freedom. Crypto needs to be treated on a level playing field with the rest of financial services so we can build this industry in a safe and trusted way in America.
🎂 Dear mfers,
4 years ago today (+24h), on November 2, 2021, The Inflation Times LXI hit the chain.
The first spark that lit this whole crooked, beautiful thing called Old Money. Since then we’ve printed the inflationary, minted satire, and built a culture out of chaos.
From $0.2 bills to Dark Dollars, from Trix Ordinals to soon Ednafo, we’re still here, still laughing & minting history.
Thank you to every mfer who’s been part of it since day one, and to those who just walked into the madness.
The press never stopped. The 🩸 still runs. The story’s still printing.
📰Happy 4th, @OldMoneyNFT💕
Trix
Is Akash moving out of Cosmos?
Akash is an app chain and is currently running on its own L1. It's built using Cosmos SDK but does not run on Cosmos Hub. We will be deprecating our own chain and moving to a different one that can secure Akash.
We'll be evaluating chains that provide strong security, have a high-quality community, deep liquidity, and exciting growth. It could be within Cosmos or outside Cosmos but will be IBC compatible. This means you will continue using the same stack (Osmosis, Keplr, etc.).
We're carefully considering options, and the process will be very public where Akashians get to have a say, like with everything we do. I think it'll be great to discuss merits and tradeoffs in public, which will be a good contribution to the space.
In the coming weeks, we'll publish an RFP and invite foundations to participate.
H100s on @akashnet are available for as low as $1.18 per hour.
There is no reason for Azure for charge $9 for the same.
No contracts, no signups.
👉 Get yours today on-demand https://t.co/k9DI7TCpo6
@ID_AA_Carmack@BeatSaber Kinf of a no-brainer, so ofc nothing will happen.
BS is alive because of modding comm, the studio's contrib is just letting it happen, for their own sake.
Someone should fork, do this open source, get funding through crypto somehow, they have money but are starved for users.
We built the biggest Passage world to date—a virtual replica of the 7.3 million square foot MIT campus! 🏛️
Here’s how we partnered with @mitrealityhack to recreate the iconic university in #UnrealEngine5 👇
dear mfers
some of you have asked to have a print option where a set of 6 bills of each stamp are put in rows and printed at 1:1
well you can now do so !
send 360 ada at $xkrmnt and hit me up with your postal for shipment
BATCH 8 orders closes this week for another historic over printing inflationary event ! don't miss out
Cardano has smart contracts
Cardano has EUTXO
Cardano has liquid staking
Cardano has DeFi & DePIN
Cardano has NFTs
Cardano has decentralization
Cardano has high security
Cardano has a strong community
Cardano has a constitution
Cardano is governed by it's people
Since January 1st of this year, the top 50 wallets' total holdings (not including exchanges, burn contracts, and lending contracts) has decreased from 27.32% > 25.5% of the total supply.
This is a continuation of 2024 where we saw $SNEK continue to get more and more fairly distributed; all while scarcity increases with continued deflation.
$SNEK has never been in a better position than it is in now which coincides at a time where memecoins built on hype are suffering, and long-term sustainable tokens are rising.
Akash crossed a significant milestone today, reaching $2M in total network spend.
This comes 96 days after the network crossed $1M in network spend on October 30th, 2024.
The future of open-source, permissionless compute is bright.
Do you remember when Donna Brazile was fired from CNN in 2016, because Wikileaks revealed that she colluded with the DNC to share debate questions with Hillary Clinton's campaign? Today it is completely normal for media to openly identify as public voice of the Democrat party.
Passage will transform the way teams collaborate around @UnrealEngine.
🔗 Share #UE5 environments with a browser link
💻 Instant access on any device
🚫 No downloads, advanced hardware, or technical know-how needed
Streamline development with real-time collaboration in 3D.
Deploy DeepSeek R1 on Akash for under $1,800 a month, dedicated fully to you with zero downtime.
With full privacy and self-custody on the world's first and most advanced Decentralized Super Cloud.
No emails, names, or credit cards required. Only possible with $AKT.
👉 https://t.co/TaJfFmouDY