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allenor7ia

@allenor7ia

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allenor7ia
@allenor7ia
Got a new dog, it's so cute!
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allenor7ia
@allenor7ia
Seriously need to lose weight. Clown emoji. Even sucking in hard on an empty stomach and still got this belly. At least the chest gains are real.
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@allenor7ia
Despite removing the affected tokens for trading, Binance said it will support deposits and withdrawals of non-MiCA-compliant stablecoins after the delisting on March 31.
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@allenor7ia
The European Securities and Markets Authority (ESMA) has added new comments on the status of stablecoins that do not comply with the Markets in Crypto-Assets Regulation (MiCA), adding to the ongoing uncertainty around their classification and use.
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Campaign contributions also played a major role in the GOP’s shift toward pro-crypto policies, said the CEO, adding that it was a hard truth that financial contributions often dictate how much a particular constituency is heard by elected lawmakers.
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@allenor7ia
Yet stablecoin issuers are fighting back. Tether, for instance, has frozen hundreds of addresses tied to illicit activity, forcing criminals to seek alternatives. Some have turned to Monero, privacy wallets and DeFi-based laundering schemes.
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@allenor7ia
Today in crypto, as the market sell-off continues, CryptoQuant CEO Ki Young Ju has predicted a selective altcoin season in 2025, where ETF approvals and strong fundamentals will help determine the winners. Elsewhere, Bitcoin and the broader markets slumped as US President Donald Trump said the tariffs aimed at Canada and Mexico are “on schedule,” and the US Securities and Exchange Commission’s task force has continued discussions with crypto firms over digital assets regulation.
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snavamo
@snavamo
The new group will use its experience to combat misconduct as it relates to “securities transactions” in areas such as fraud committed with emerging technologies, the use of social media and false websites to perpetuate fraud, and specifically, “fraud involving blockchain technology and crypto assets.”
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snavamo
@snavamo
That memecoin, which involved promotion from Argentine President Javier Milei, became synonymous with a space that is stacked against retail investors who suffer from not having the advantages of inside information. The rug pull, which netted the team behind the token over $100 million, cost investors over $251 million after the token was pumped and then dumped.
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snavamo
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Jupiter, a decentralized exchange on Solana where the rug pull happened, said that the launch of a Milei-endorsed memecoin was an open secret in memecoin circles. Jupiter has begun a probe, and a Meteora co-founder has resigned as a result of the fallout.
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beasrahc
@beasrahc
Due to the collapse of LIBRA, some, including The Coin Bureau co-founder and CEO Nic Puckrin, have blamed regulators for the lack of clarity surrounding these assets.
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@beasrahc
“The blame for the Libra memecoin disaster and other pump-and-dump schemes like it lies on the shoulders of the regulators, and they are the only ones that can fix this,” Puckrin said in a statement to Cointelegraph.
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beasrahc
@beasrahc
An anonymous crypto sleuth named Momentum Chaser has called out the US Department of Government Efficiency’s (DOGE) claims that it has saved American taxpayers $55 billion, prompting the agency to revise its figures — the latest in a series of dramatic events that are already impacting Americans.
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beasrahc
@beasrahc
Spearheaded by Tesla founder Elon Musk, DOGE’s website currently shows $55 billion in cuts to various sources of federal funding and shrinking certain agencies. But according to Momentum Chaser, the real figures are far lower.
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@beasrahc
US President Donald Trump has said 20% of the money “saved” by DOGE could go straight to the American taxpayer, while another 20% would be used to pay down the national debt.
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@beasrahc
News outlets like The New York Times and Huffington Post have also called out DOGE’s figures. Although they have been amended, DOGE still maintains that the final amount it has cut out of the budget is $55 billion — raising alarm bells among observers over how much the department, tasked with reducing perceived government waste, can be trusted.
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ellalo4bel
@ellalo4bel
Trump’s order created a crypto working group led by White House AI and crypto czar David Sacks to come up with a legal framework for crypto and stablecoins, along with studying the possible creation of a national crypto stockpile.
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Musk wasted no time after the temporary committee’s founding in identifying and cutting areas he believed to be wasteful in the federal government.
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@allenor7ia
Musk says that he can cut some $2 trillion overall in federal spending from the federal budget at a clip of $4 billion per day. So far, the agency reports to have cut some $55 billion.
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The idea for a “DOGE dividend” initially came from James Fishback, CEO of investment firm Azoria — a reported outside adviser to DOGE who floated the idea on X. The plan, which Musk said he would show to the president, would divide the $2 trillion by the roughly “79 million tax-paying households” that are “net payers” of income tax, resulting in a roughly $5,000 dividend per household.
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