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mesevil94

@mesevil94

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mesevil94
@mesevil94
Vitalik's recent focus on Ethereum as the "world ledger" instead of the "world computer" offers a clearer narrative. Positioning Ethereum as a foundational layer for global asset storage, financial systems, governance, and high-value data authentication aligns with a long-term vision that's both ambitious and relatable. However, the immediate priority remains reclaiming L1's dominance. Scaling Ethereum at the base layer and addressing L2 liquidity fragmentation are critical steps to secure the network's future. Solving these challenges now buys time for strategic evolution, ensuring Ethereum stays ahead as the backbone of decentralized value.
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@mesevil94
Speaking at the Fin/Sum 2025 event during Japanese Fintech Week on March 4, Ito highlighted the role of stablecoins in financial innovation.
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@mesevil94
SBI’s latest stablecoin moves came on the same day Financial Services Agency Commissioner Hideki Ito expressed support for stablecoin transactions in Japan.
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“Congrats to SBI for being the first to be permitted to list and distribute USDC. And much more to come from Circle in Japan soon,” he added.
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mesevil94
@mesevil94
Circle founder and CEO Jeremy Allaire took to X to describe USDC as the “first and only global dollar stablecoin to become approved for use in Japan.”
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@mesevil94
In February, Japan’s Financial Services Agency (FSA) reportedly approved a report from a working group recommending policy changes easing stablecoin-related regulations.
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“TraderTraitor actors are proceeding rapidly and have converted some of the stolen assets to Bitcoin and other virtual assets dispersed across thousands of addresses on multiple blockchains,” the FBI said in its recent announcement.
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Citing anonymous sources, Bloomberg News reported on Jan. 30 that SBF’s parents, Joseph Bankman and Barbara Fried, were seeking a presidential pardon for their son and meeting with lawyers and other figures close to the Trump administration to determine if clemency was possible.
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This approval will be instrumental in shifting institutional perceptions of Solana because it provides investors with a regulated vehicle to gain exposure to SOL without any of the risks of owning the token onchain.
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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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The pseudonymous X user Momentum Chaser pointed out several reporting errors in DOGE’s calculations. First was an $8 million Department of Homeland Security contract that was incorrectly reported as $8 billion.
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@alleaih42
Another large ticket item shows what appears to be nearly $2 billion spread across three $655 million contracts for the United States Agency for International Development (USAID) — one of the first organizations targeted by DOGE.
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@alleaih42
However, DOGE reportedly counted this incorrectly as well: It was an indefinite delivery vehicle (IDV), not a contract. It was triple counted — the total amount was $655 million — and only $73 million in total was rewarded.
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DOGE, for its part, maintains that it has always used the correct number and that discrepancies can occur occasionally, which it aims to quickly correct.
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@alleaih42
The poster offered several other examples, too, all of which were individually updated on the DOGE website the following day to reflect the correct amount. However, the $55 billion count stayed the same — a discrepancy also observed by The New York Times.
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The accounting inconsistency is of particular significance given the scope and speed at which DOGE is moving and the legal controversy it has courted in the course of its activities.
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Some 14 US states filed a request for a restraining order against the agency — which a federal judge denied — as DOGE cuts services and funding that many argue are essential.
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According to the Associated Press, the Department of Veterans Affairs, which provides healthcare and other support for US veterans, laid off more than 1,000 employees, including researchers working on “cancer treatment, opioid addiction, prosthetics and burn pit exposure.”
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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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It has also laid off special education and student aid specialists from the Department of Education, including a $900 million cut from the budget of the Institute of Education Sciences — a wing of the department that tracks student progress.
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