the sec fined a crypto investment firm for holding tokens in fireblocks today they require registered investment advisors to hold tokens in "qualified custodians" the problem is that qualified custodians don't support most tokens it's an impossible gotcha like most sec cases

enough is enough the us government is actively preventing us institutional crypto investment through seemingly arcane but incredibly consequential "lawmaking by enforcement" major us crypto funds get guidance they can only hold tokens coinbase custody supports, not fireblocks

Mike Dudas Step 1: require QC Step 2: ban all QCs Step 3: profit?

Source for those who want to watch the vote count come in: wbur.org/news/2024/09/0…

🚨BREAKING: The The Associated Press has just called the Massachusetts Republican primary race early with John E Deaton as the winner, streets ahead of both BobForSenateMA and Ian Cain. Deaton will go head to head with Elizabeth Warren in November. Graphic: The New York Times

Nikkei opens down 4% Crypto following

John Deaton vs Elizabeth Warren is officially on. Maybe we can force the leader of the anti-crypto army into early retirement.

Michael A. Gayed, CFA One of the few markets open for liquidity at 9pm.

How many times do they have to learn this lesson? DO NOT UNDERESTIMATE A UNITED STATES MARINE!

🚨NEW: The X accounts Lara Trump and Tiffany Ariana Trump have apparently been hacked with hackers posting what seemed to be fake information and endorsements for Eric Trump and Donald Trump Jr.’s new #crypto venture World Liberty Finance.

1/ Another day, another attempt by the SEC to drive the crypto ecosystem offshore. The SEC claims Galois Capital failed to comply with the Custody Rule. Galois settled, but it’s worth digging into the Custody Rule and how the SEC uses it to discourage investments in crypto.

ANOTHER CRYPTO BANK, ANOTHER ENFORCEMENT ACTION... federalreserve.gov/newsevents/pre…

Maybe it's not great that the US government subsidizes the least healthy types of food the most, like sugar and the various raw ingredients for ultra-processed foods. 🤷‍♀️

Bitcoin Miner Says Wide Dispersion in Costs to Repurpose Bitcoin Mining Sites for AI/HPC CIFR at Needham conf: "There is such a push for large scale data center sites available in the near future that some lease discussions involve “three nines” (99.9% uptime) that are

Every time I re-look at stablecoin numbers I’m just blown away. 0 to nearly $3T. Incredible —

🚨NEW: Pavel Durov releases official statement post Paris arrest

Telegram quietly updates FAQ, removing: "All Telegram chats and group chats are private amongst their participants. We do not process any requests related to them."

Just like that, Big Censorship won.