Best crypto memes of the day – June 13th
Cryptopolitan (RSS)
#Bitcoin pic.twitter.com/eA5lUoI6Et
— naiive (@naiivememe) June 13, 2023
🚨BREAKING: SEC Gary Genslar claims China is a security!!! https://t.co/3EOa81FJJ9 pic.twitter.com/1GV1gWavtm
— WSB Trader Rocko 🚀🚀🚀 (@traderrocko) June 12, 2023
#BTC is up 60% this year.
Bitcoiner:
pic.twitter.com/xCkTdYgc3l
— naiive (@naiivememe) June 13, 2023
CPI inflation: 4%
Food: 6.7%
Shelter: 8%
Transportation: 10.2% pic.twitter.com/RPduCx1NLm
— Bitcoin Magazine (@BitcoinMagazine) June 13, 2023
#Bitcoin pic.twitter.com/7nFOcPLEcz
— naiive (@naiivememe) June 12, 2023
As relevant as ever 🤣
When you didn't take profit on Friday night#Crypto #NFT #Web3 #cryptomeme #cryptocurrencies #meme pic.twitter.com/AJHDUDS0vp
— Mia Brown (@MissMiaNFTs) June 10, 2023
Due to recent events 👀#NEARistheBOS #Web3 #NEARistheBOS #NEAR #cryptomeme #Memes pic.twitter.com/wyKUArraKW
— Near Ukraine 🇺🇦 Guild (@nearuaguild) June 9, 2023
Meme is funny, the situation is terrible🤣#cryptomeme #cryptocurrencies #memecoins #Crypto #NFT pic.twitter.com/vaXORUp0Y6
— Mia Brown (@MissMiaNFTs)...
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Cryptopolitan (RSS)
#Bitcoin pic.twitter.com/eA5lUoI6Et
— naiive (@naiivememe) June 13, 2023
🚨BREAKING: SEC Gary Genslar claims China is a security!!! https://t.co/3EOa81FJJ9 pic.twitter.com/1GV1gWavtm
— WSB Trader Rocko 🚀🚀🚀 (@traderrocko) June 12, 2023
#BTC is up 60% this year.
Bitcoiner:
pic.twitter.com/xCkTdYgc3l
— naiive (@naiivememe) June 13, 2023
CPI inflation: 4%
Food: 6.7%
Shelter: 8%
Transportation: 10.2% pic.twitter.com/RPduCx1NLm
— Bitcoin Magazine (@BitcoinMagazine) June 13, 2023
#Bitcoin pic.twitter.com/7nFOcPLEcz
— naiive (@naiivememe) June 12, 2023
As relevant as ever 🤣
When you didn't take profit on Friday night#Crypto #NFT #Web3 #cryptomeme #cryptocurrencies #meme pic.twitter.com/AJHDUDS0vp
— Mia Brown (@MissMiaNFTs) June 10, 2023
Due to recent events 👀#NEARistheBOS #Web3 #NEARistheBOS #NEAR #cryptomeme #Memes pic.twitter.com/wyKUArraKW
— Near Ukraine 🇺🇦 Guild (@nearuaguild) June 9, 2023
Meme is funny, the situation is terrible🤣#cryptomeme #cryptocurrencies #memecoins #Crypto #NFT pic.twitter.com/vaXORUp0Y6
— Mia Brown (@MissMiaNFTs)...
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Ethereum’s commodity status: insights from Consensys creator Joseph Lubin
Cryptopolitan (RSS)
During an interview with CNBC, Consensys creator Joseph Lubin recently shared his insights on Ethereum (ETH) and its classification. Lubin referred to previous statements from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to support his argument that Ethereum should be categorized as a commodity.
Notably, he pointed out SEC chairman Gary Gensler’s acknowledgment of Bitcoin as a commodity, while highlighting that Gensler has yet to accept Ether in the same manner formally.
The founder of Consensys says it's clear Ether is a commodity, not a security amid regulatory crackdown on crypto, as he unveils the first ever survey on perception over crypto and Web3.@ethereumjoseph @tanvirgill2 @willkoulouris #BTC #ETH #TRON #Web3 @Consensys pic.twitter.com/IBIsvdQRlW
— CNBC's Street Signs (@StreetSignsCNBC) June 28, 2023
Lubin drew attention to a lecture by former SEC official Bill Hinman in 2018, where he declared Ether not to be a security. He emphasized that 18 of Hinman’s colleagues collaborated on the speech, implying a consensus within the SEC at the time. Lubin indicated that while some regulators may still be deliberating on Ether’s status, he regarded their hesitancy as insignificant.
Moreover, Lubin delved into the advancements within the Bitcoin sector, emphasizing the importance of initiatives aimed at “cleaning up the CeFi rot.” Centralized finance, commonly called CeFi, has been criticized due to its deviation from the decentralized principles of cryptocurrencies. Lubin highlighted the successful innovations and launches in 2022, illustrating the positive trajectory of the Bitcoin ecosystem.
With the ongoing discussions surrounding Ethereum’s classification, Lubin’s insights shed light on the regulatory landscape and its impact on cryptocurrencies. While Gensler’s stance on Ether remains uncertain, Lubin’s reference to Hinman’s lecture suggests widespread agreement within the SEC regarding Ethereum’s non-security status. Lubin’s optimistic outlook on the future development of the Bitcoin sector indicates the positive outcomes achieved in 2022 as the industry strives to align with the decentralized ethos.
Joseph Lubin’s recent interview with CNBC addressed Ethereum’s classification as a commodity and shed light on the ongoing regulatory debates. Lubin’s remarks highlighted the significance of previous SEC statements and the need for a clear stance on Ether’s classification.
Furthermore, Lubin emphasized the positive advancements within the Bitcoin sector, showcasing the industry’s efforts to address concerns surrounding centralized finance. As the cryptocurrency landscape evolves, regulatory clarity and technological innovation remain critical focal points for industry participants and observers alike.
Cryptopolitan (RSS)
During an interview with CNBC, Consensys creator Joseph Lubin recently shared his insights on Ethereum (ETH) and its classification. Lubin referred to previous statements from the U.S. Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to support his argument that Ethereum should be categorized as a commodity.
Notably, he pointed out SEC chairman Gary Gensler’s acknowledgment of Bitcoin as a commodity, while highlighting that Gensler has yet to accept Ether in the same manner formally.
The founder of Consensys says it's clear Ether is a commodity, not a security amid regulatory crackdown on crypto, as he unveils the first ever survey on perception over crypto and Web3.@ethereumjoseph @tanvirgill2 @willkoulouris #BTC #ETH #TRON #Web3 @Consensys pic.twitter.com/IBIsvdQRlW
— CNBC's Street Signs (@StreetSignsCNBC) June 28, 2023
Lubin drew attention to a lecture by former SEC official Bill Hinman in 2018, where he declared Ether not to be a security. He emphasized that 18 of Hinman’s colleagues collaborated on the speech, implying a consensus within the SEC at the time. Lubin indicated that while some regulators may still be deliberating on Ether’s status, he regarded their hesitancy as insignificant.
Moreover, Lubin delved into the advancements within the Bitcoin sector, emphasizing the importance of initiatives aimed at “cleaning up the CeFi rot.” Centralized finance, commonly called CeFi, has been criticized due to its deviation from the decentralized principles of cryptocurrencies. Lubin highlighted the successful innovations and launches in 2022, illustrating the positive trajectory of the Bitcoin ecosystem.
With the ongoing discussions surrounding Ethereum’s classification, Lubin’s insights shed light on the regulatory landscape and its impact on cryptocurrencies. While Gensler’s stance on Ether remains uncertain, Lubin’s reference to Hinman’s lecture suggests widespread agreement within the SEC regarding Ethereum’s non-security status. Lubin’s optimistic outlook on the future development of the Bitcoin sector indicates the positive outcomes achieved in 2022 as the industry strives to align with the decentralized ethos.
Joseph Lubin’s recent interview with CNBC addressed Ethereum’s classification as a commodity and shed light on the ongoing regulatory debates. Lubin’s remarks highlighted the significance of previous SEC statements and the need for a clear stance on Ether’s classification.
Furthermore, Lubin emphasized the positive advancements within the Bitcoin sector, showcasing the industry’s efforts to address concerns surrounding centralized finance. As the cryptocurrency landscape evolves, regulatory clarity and technological innovation remain critical focal points for industry participants and observers alike.
Cryptopolitan
Consensys unveils new feature for metamask wallet users | Cryptopolitan
Blockchain firm Consensys has announced that it will unveil a new inter-blockchain feature that will be integrated into the Metamask wallet. The announcement
Jamaica’s taxi drivers embrace crypto for faster rides
Cryptopolitan (RSS)
Jamaica’s transportation sector is poised for a digital revolution as local bus and taxi operators eagerly anticipate integrating the nation’s own central bank digital currency (CBDC), known as Jam-Dex. The introduction of Jam-Dex by the Central Bank of Jamaica in 2022 was marked by an airdrop event aimed at accelerating its widespread adoption. Recent developments reveal that Aldo Antonio, co-founder and acting executive chairman of the National Transporters Alliance Group (NTAG), is actively championing the integration of Jam-Dex within the transport community.
Although Jam-Dex holds the potential to streamline operations, reduce costs, and enhance security for the transportation sector, local reports suggest that the adoption rate among vendors and consumers has been sluggish, causing some hesitation among bus and taxi drivers. Nevertheless, Antonio remains resolutely optimistic about the prospects:
“I see Jam-Dex as something that would be significantly transformative for the public transportation sector and needs to be embraced.”
To ensure the viability of Jam-Dex, Antonio emphasizes the necessity of cultivating a larger customer base willing to embrace the CBDC. The lack of customer interest could discourage merchants, ultimately leading to the abandonment of the digital currency initiative.
Antonio identifies food and transportation as the two key sectors that could drive the everyday usage of Jam-Dex. He elaborates on this concept, stating:
“If we can get them (Jamaicans) moving and paying for transportation using Jam-Dex on a daily basis, it increases the rate at which we can get the digital currency into people’s hands.”
Jamaica to enable CBDC on mobile phones
In addition to enhancing convenience for customers, the widespread adoption of a central bank digital currency also alleviates concerns related to the security risks associated with carrying physical cash or handling exact change. As part of its strategy, Jamaica is actively working towards enabling CBDC services on the mobile phones of the general public. Antonio envisions that, with proper training and implementation, the transportation sector could potentially begin accepting Jam-Dex payments by January, if not earlier.
Approximately 25,000 to 30,000 transportation owners are present in Jamaica, and their participation could significantly expand the reach of Jam-Dex beyond the existing user base of 10,000 vendors and 200,000 individuals who use the CBDC through the Lynk digital wallet.
While Jamaica focuses on taxi drivers as key facilitators of CBDC adoption, Japanese automaker Nissan is making strides in its Web3 endeavors. Nissan’s Japan unit has ventured into the realm of the metaverse by experimenting with virtual auto sales. In the first quarter of 2023, Nissan also filed four new Web3-related trademarks in the United States. These filings hint at Nissan’s intention to develop virtual clothing, cars, headgear, trading cards, toys, tickets, and even a non-fungible token (NFT) marketplace for trading and minting NFTs.
#NISSAN has filed 4 trademark applications for
▶️ INFINITI
▶️ NISMO
▶️ NISSAN
The filings signal plans for
🚗Virtual Clothes + Cars
🚗Stores for Virtual Goods + NFTs
🚗NFT Marketplaces + Trading + Minting
🚗Metaverse Advertising Services#NFT #NFTCommunity #Metaverse #Web3 #Car pic.twitter.com/iG3ZVgyD5t
— Mike Kondoudis (@KondoudisLaw) March 13, 2023
Cryptopolitan (RSS)
Jamaica’s transportation sector is poised for a digital revolution as local bus and taxi operators eagerly anticipate integrating the nation’s own central bank digital currency (CBDC), known as Jam-Dex. The introduction of Jam-Dex by the Central Bank of Jamaica in 2022 was marked by an airdrop event aimed at accelerating its widespread adoption. Recent developments reveal that Aldo Antonio, co-founder and acting executive chairman of the National Transporters Alliance Group (NTAG), is actively championing the integration of Jam-Dex within the transport community.
Although Jam-Dex holds the potential to streamline operations, reduce costs, and enhance security for the transportation sector, local reports suggest that the adoption rate among vendors and consumers has been sluggish, causing some hesitation among bus and taxi drivers. Nevertheless, Antonio remains resolutely optimistic about the prospects:
“I see Jam-Dex as something that would be significantly transformative for the public transportation sector and needs to be embraced.”
To ensure the viability of Jam-Dex, Antonio emphasizes the necessity of cultivating a larger customer base willing to embrace the CBDC. The lack of customer interest could discourage merchants, ultimately leading to the abandonment of the digital currency initiative.
Antonio identifies food and transportation as the two key sectors that could drive the everyday usage of Jam-Dex. He elaborates on this concept, stating:
“If we can get them (Jamaicans) moving and paying for transportation using Jam-Dex on a daily basis, it increases the rate at which we can get the digital currency into people’s hands.”
Jamaica to enable CBDC on mobile phones
In addition to enhancing convenience for customers, the widespread adoption of a central bank digital currency also alleviates concerns related to the security risks associated with carrying physical cash or handling exact change. As part of its strategy, Jamaica is actively working towards enabling CBDC services on the mobile phones of the general public. Antonio envisions that, with proper training and implementation, the transportation sector could potentially begin accepting Jam-Dex payments by January, if not earlier.
Approximately 25,000 to 30,000 transportation owners are present in Jamaica, and their participation could significantly expand the reach of Jam-Dex beyond the existing user base of 10,000 vendors and 200,000 individuals who use the CBDC through the Lynk digital wallet.
While Jamaica focuses on taxi drivers as key facilitators of CBDC adoption, Japanese automaker Nissan is making strides in its Web3 endeavors. Nissan’s Japan unit has ventured into the realm of the metaverse by experimenting with virtual auto sales. In the first quarter of 2023, Nissan also filed four new Web3-related trademarks in the United States. These filings hint at Nissan’s intention to develop virtual clothing, cars, headgear, trading cards, toys, tickets, and even a non-fungible token (NFT) marketplace for trading and minting NFTs.
#NISSAN has filed 4 trademark applications for
▶️ INFINITI
▶️ NISMO
▶️ NISSAN
The filings signal plans for
🚗Virtual Clothes + Cars
🚗Stores for Virtual Goods + NFTs
🚗NFT Marketplaces + Trading + Minting
🚗Metaverse Advertising Services#NFT #NFTCommunity #Metaverse #Web3 #Car pic.twitter.com/iG3ZVgyD5t
— Mike Kondoudis (@KondoudisLaw) March 13, 2023
Jamaica Observer
Jam-Dex drive - Jamaica Observer
TRANSPORT operators say they are ready to embrace the Bank of Jamaica's (BOJ) central bank digital currency Jam-Dex, and could do so in time for the new year if things fall in place quickly.
Aldo...
Aldo...
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CZ 🔶 Binance (Twitter)
RT @TrustWallet: Introducing #TrustWallet's biggest update yet; our reimagined brand, revamped app & #TrustWalletExtension💙💚
We’ve evolved into more than just a wallet. Explore our new #Web3 gateway & control your own financial freedom. #FreedomFoundations
Get ready⤵️
short.trustwallet.com/NewTru…
RT @TrustWallet: Introducing #TrustWallet's biggest update yet; our reimagined brand, revamped app & #TrustWalletExtension💙💚
We’ve evolved into more than just a wallet. Explore our new #Web3 gateway & control your own financial freedom. #FreedomFoundations
Get ready⤵️
short.trustwallet.com/NewTru…
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CZ 🔶 Binance (Twitter)
RT @andreswifitv: Had an amazing time at #BinanceBlockchainWeek this week! 🌟 For those who couldn't make it, I've got you covered. Check out this tour video I made for you guys, and make sure to book your spot for the next one.
@binance #blockchain #Web3
RT @andreswifitv: Had an amazing time at #BinanceBlockchainWeek this week! 🌟 For those who couldn't make it, I've got you covered. Check out this tour video I made for you guys, and make sure to book your spot for the next one.
@binance #blockchain #Web3
CZ 🔶 Binance (Twitter)
RT @esatoshiclub: 🇯🇵 #Binance Japan is set to list 13 more tokens on Nov. 27.
The 13 new tokens are: $APE, $ARB, $EOS, $GALA, $GRT, $HBAR, $IMX, $KLAY, $LSK, $MANA, $NEAR, $OP, $RNDR
RT @esatoshiclub: 🇯🇵 #Binance Japan is set to list 13 more tokens on Nov. 27.
The 13 new tokens are: $APE, $ARB, $EOS, $GALA, $GRT, $HBAR, $IMX, $KLAY, $LSK, $MANA, $NEAR, $OP, $RNDR
X (formerly Twitter)
Satoshi Club (@esatoshiclub) on X
Hosting X Spaces and livestreams with top projects. Your hub for market updates, $BTC insights, and community-driven discussions. Contact: https://t.co/At6d94cbqQ
🚨 SEC Proposes $75 Million Fundraising Cap for Crypto Startups
The US SEC is reviewing a proposal to establish two new fundraising exemptions for crypto ventures. The framework offers a primary path for startups to raise up to $75 million in any 12-month period, alongside a secondary option for $5 million over a four-year window.
Industry stakeholders have until October 20 to submit formal feedback. Currently, 31 comments are on record, addressing critical issues like disclosure requirements, investor protections, and how the $75 million ceiling should be calculated for projects using shared infrastructure.
#SEC #CryptoRegulation #Fundraising #Web3
The US SEC is reviewing a proposal to establish two new fundraising exemptions for crypto ventures. The framework offers a primary path for startups to raise up to $75 million in any 12-month period, alongside a secondary option for $5 million over a four-year window.
Industry stakeholders have until October 20 to submit formal feedback. Currently, 31 comments are on record, addressing critical issues like disclosure requirements, investor protections, and how the $75 million ceiling should be calculated for projects using shared infrastructure.
#SEC #CryptoRegulation #Fundraising #Web3
⚡ S&P Global Acquires Smart Contract Security Firm OpenZeppelin
Financial giant S&P Global has agreed to acquire OpenZeppelin, a leading provider of smart contract security and open-source blockchain tools. The deal will integrate the crypto security firm into the S&P Global Ratings division, marking a major move by Wall Street into Web3 infrastructure.
OpenZeppelin is a cornerstone of the crypto ecosystem, with its software facilitating over $37 trillion in value transfers since 2015. The acquisition aims to combine S&P's institutional risk expertise with OpenZeppelin's technical knowledge of smart contracts and decentralized finance.
#SPGlobal #OpenZeppelin #Web3 #CryptoSecurity
Financial giant S&P Global has agreed to acquire OpenZeppelin, a leading provider of smart contract security and open-source blockchain tools. The deal will integrate the crypto security firm into the S&P Global Ratings division, marking a major move by Wall Street into Web3 infrastructure.
OpenZeppelin is a cornerstone of the crypto ecosystem, with its software facilitating over $37 trillion in value transfers since 2015. The acquisition aims to combine S&P's institutional risk expertise with OpenZeppelin's technical knowledge of smart contracts and decentralized finance.
#SPGlobal #OpenZeppelin #Web3 #CryptoSecurity
💰 Sam Altman-backed Bitcoin Insurer Meanwhile Raises $37.5M
Bermuda-based life insurer Meanwhile has secured $37.5 million in a new funding round led by Bain Capital Crypto. This brings the company's total funding to over $180 million.
The startup, which operates entirely in Bitcoin, counts OpenAI CEO Sam Altman among its early backers. Other participants in this round include Pantera Capital, Framework Ventures, and Morgan Creek Digital.
Meanwhile offers life insurance policies denominated in BTC, targeting high-net-worth individuals globally. The company reports surging demand in Asia and Europe as wealthy families seek regulated ways to pass digital wealth to heirs.
#Bitcoin #CryptoInsurance #SamAltman #Web3
Bermuda-based life insurer Meanwhile has secured $37.5 million in a new funding round led by Bain Capital Crypto. This brings the company's total funding to over $180 million.
The startup, which operates entirely in Bitcoin, counts OpenAI CEO Sam Altman among its early backers. Other participants in this round include Pantera Capital, Framework Ventures, and Morgan Creek Digital.
Meanwhile offers life insurance policies denominated in BTC, targeting high-net-worth individuals globally. The company reports surging demand in Asia and Europe as wealthy families seek regulated ways to pass digital wealth to heirs.
#Bitcoin #CryptoInsurance #SamAltman #Web3