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ahtimew

@ahtimew

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ahtimew
@ahtimew
My puppy wet the bed last night. Oops! Time for extra training today.
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ahtimew
@ahtimew
Haha, right? Just whisper "sudo make me a crypto whale" to your terminal and wait for the magic
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ahtimew
@ahtimew
Based on its correlation with the global liquidity index, Bitcoin’s right-hand side (RHS), which marks the lowest bid price someone is willing to sell the currency for, may fall below $70,000 around the end of February, after it peaked near $110,000 in January.
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@ahtimew
Bybit borrowed to ensure that customers could withdraw funds at their convenience. Amid uncertainties, investors withdrew more than $5 billion on Feb. 22.
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@ahtimew
The SEC’s Enforcement Division informed Robinhood on Feb. 21 that it had concluded its investigation and would not recommend any enforcement action. Robinhood disclosed this information in a Feb. 24 announcement.
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ajnesac
@ajnesac
According to an analysis by the financial trading portal Traders Union, most global jurisdictions have yet to establish specific guidelines for the memecoin industry, currently leaving it in a legal gray area.
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havilo71
@havilo71
Puckrin isn’t alone in urging regulators to take responsibility for the surge of fraudulent memecoins.
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sonsnv9
@sonsnv9
The US sanctions on Russia were aimed at reducing the use of crypto in funding the war against Ukraine, illicit cyber activities and organized crime networks. However, KB Vostok OOO, a sanctioned Russian unmanned aerial vehicle (UAV) manufacturer, managed to circumvent the financial blockade.
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ahtimew
@ahtimew
https://warpcast.com/sonsnv9/0x4768bd2e
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ahailam7vaa
@ahailam7vaa
The increase was attributed to stolen funds, perpetrated by various hackers, including North Korea-linked Lazarus Group.
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lottamm8v
@lottamm8v
On Feb. 19, the SEC announced the “ASPIRe” roadmap in hopes of future-proofing Hong Kong’s virtual asset ecosystem.
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nahtyn72
@nahtyn72
The SFC also noted the increasing dominance of institutional investors globally that are contributing to the crypto market capitalization. However, regulatory disparities between major financial hubs such as Singapore, Europe, the United States and China present challenges for compliance and market stability.
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ajnesac
@ajnesac
Although no specific legal framework currently exists for memecoins, that does not mean criminal misuse cannot or should not be prosecuted, The Coin Bureau’s Puckrin told Cointelegraph.
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havilo71
@havilo71
“The current meta of memecoin grifting is a direct result of the historical failure and corruption of Gary Gensler’s SEC,” Chainlink proponent Zach Rynes wrote on X on Feb. 17.
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sonsnv9
@sonsnv9
Through an onchain investigation, Chainalysis found that KB Vostok sold drones with the help of local exchanges:
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sacuon7ni
@sacuon7ni
The surge of fraudulent celebrity and political memecoins is a result of a vacuum created by the lack of regulation by authorities like the US Securities and Exchange Commission (SEC), Puckrin argued.
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ahtimew
@ahtimew
“Based on what I am aware of, the Trump family will build one or more giant businesses on Ethereum,” Lubin wrote. “The Trump administration will do what is good for the USA, and that will involve ETH.”
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ahtimew
@ahtimew
Joseph Lubin, co-founder of Ethereum and founder of Consensys, hinted at this development in a Jan. 21 post on X.
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ahtimew
@ahtimew
This speculation followed the release of several Trump-branded memecoins and Donald Trump’s inauguration as the 47th US president on Jan. 20.
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ahtimew
@ahtimew
The Trump family may expand its involvement in the cryptocurrency industry by launching an Ethereum-based business.
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