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Stealth rulemaking: Is proposed SEC rule with no mention of crypto a threat to DeFi?

A 600-page document proposes changes to the definition of an exchange that could extend to include DeFi protocols.

https://ct.com/ab3t
Why decentralization isn’t the ultimate goal of Web3

Decentralization of Web3 infrastructure is critical to its success as it gives us back the freedom that we are currently paying for using Web2.

https://ct.com/ad7z
Hi guys, apologies for not sharing the crypto related stuff in this post but I think it's important.

I am sure that everyone knows what is happening to Ukraine right now. There's a real war going on.

I do not take sides, I do not support the war.

We would like to live in a peaceful world and Ukrainians deserve peace.

Stand with the people of Ukraine. You can help them via crypto donations.

Ukraine's official Twitter account posts pleas for crypto donations: https://twitter.com/ukraine/status/1497594592438497282

PEACE!
President Vladimir Putin has ordered Russian nuclear deterrent forces on alert amid tensions with the West over Ukraine 😐
Ukraine agrees to hold talks with Russia at the Belarusian border


After a phone call with Belarusian leader Alexander Lukashenko on Sunday, Ukrainian president Volodymyr Zelenskyy agreed to hold talks with Russia at the Belarus border, per AFP. Also on Sunday, Russian President Vladimir Putin has ordered the military to put its nuclear forces on the highest level of alert in response to what he called “aggressive statements” by NATO countries.
BREAKING: eBay could soon accept #Bitcoin and crypto payments

- TheStreet
LIVE on "The Hash":

• U.S. Treasury prohibits transactions with Russia's central bank
• U.S. tech giants under pressure to respond to conflict in Ukraine
• Did China's mining crackdown make bitcoin mining "dirtier"?
Bitcoin whales jumping ship as exchange inflows reach 3-month high

The Bitcoin market appears to be retracing the gains it has made since January as whales may be exiting and selling on centralized exchanges according to Glassnode.

https://ct.com/akbh
Grayscale tells SEC that turning biggest bitcoin fund into ETF will unlock $8 billion for investors



❇️ Grayscale met privately with the Securities and Exchange Commission last week in an effort to persuade the regulator to approve the conversion of its flagship fund into an ETF, CNBC has learned.
❇️ Turning the Grayscale Bitcoin Trust into a NYSE-traded ETF would broaden access to bitcoin and enhance protections while unlocking up to $8 billion in value for investors, according to a 24-page presentation obtained by CNBC.
❇️ “The SEC is discriminating against issuers by approving bitcoin futures ETFs and denying bitcoin spot ETFs,” according to the investment firm.
❇️❇️ The deadline for the SEC to approve or reject Grayscale’s application is July 6.



Link - https://www.cnbc.com/2022/05/11/grayscale-tells-sec-that-turning-biggest-bitcoin-fund-into-etf-will-unlock-8-billion-for-investors.html
💥BREAKING: VISA launched “no-limit” #Bitcoin card in UAE 🇦🇪
#BTC INTRADAY UPDATE

VOLATILITY EXPECTED: Medium

EXPECTED SCENARIO:
Expecting BTC to stay above S1(24100$) and Bullish above INTRDAY FLIP LINE(24900$)

BULL CASE:
Bullish above INTRDAY FLIP LINE(24900$) and resistances will be tested.

BEAR CASE:
S1(24100$) should hold today.

NOTE:
23000$ has to hold, else we will go back to 21K$ zone.
As long as we are above 21K$, we are still in an uptrend. Higher side target of 27K$ is still valid.
Below 19K$ we can expect a big dump.
BNB Chain aims to raise 30K new Web3 developers across Latin America in 2022

BNB Chain prepares to launch a Web3 development course for Latin American students as the region continues to be a hub for adoption and crypto-related activity.

https://ct.com/avbt
The U.S. unseasonably adjusted CPI in August was 8.3%, expected to be 8.1%, and the previous value of 8.5%. The U.S. core CPI was 6.3% in August, the previous value was 5.90%, and the expected 6.10%.
USDC investor shells out $2M to receive $0.05 USDT trying to evade crash

While the crypto market responded with a massive sell-off, not all USDC investors were lucky enough to walk away with their funds amid the uncertainty.

https://ct.com/bfsk
🇵🇰 Pakistan aims to produce 1 million AI-trained IT graduates by 2027

The policy framework showcases Pakistan’s willingness to integrate AI for public and national betterment. The country has set 15 targets with timelines ranging from 2023 to 2028.

👉🏼 Full Story
🚨 BREAKING 🚨

SEC Sues Binance & CEO Zhao of
Breaking US Securities Rules.

Likely outcome of this is going to
be the settlement. Many will try
to spread the FUD for engagement.
so please be careful.