@m2017. The other problem caused by this collapse would be more aggression on how to regulate the cryptospace through more strict laws and regulations and more aggressive enforcement. The banks and other payment processors would also be strict in blocking transactions to and from exchanges.
However, what might be good from this is it might delay the government from creating and enacting new regulations. In America, there are some people who think that Sam Bankrupt-Fried was very close in putting the freedom in Defi in a coffin through his advice and his meetings in Washington DC.
Bix Weir says that LedgerX.com ( CFTC approved derivatives since july 2,017) was FTX derivative arm, hence this should be investigated for regulatory action and result.. anybody to confirm that? There was some confusion here and I figured this out. LedgerX.com is a leveraged company of FTX US and Ledger is a cold wallet company we all know as Ledger Nano X. Both are two completely different companies. https://ledgerx.com/https://www.ledger.com/OK, i know that. I was speaking of ledgerx.com, which in this case is a dependancy of FTX (FTX derivative exchange) also this thread is about FTX collapse mainly, so no confusion at all. |
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@m2017. The other problem caused by this collapse would be more aggression on how to regulate the cryptospace through more strict laws and regulations and more aggressive enforcement. The banks and other payment processors would also be strict in blocking transactions to and from exchanges.
However, what might be good from this is it might delay the government from creating and enacting new regulations. In America, there are some people who think that Sam Bankrupt-Fried was very close in putting the freedom in Defi in a coffin through his advice and his meetings in Washington DC.
Bix Weir says that LedgerX.com ( CFTC approved derivatives since july 2,017) was FTX derivative arm, hence this should be investigated for regulatory action and result.. anybody to confirm that? |
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thank you so much in confirming.
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Its been a while since we have had an update about Blackcoin. Now would be a great time to shed some light on Blackcoin's recent accomplishments and future goals. Blackcoin now has an Electrum wallet! The electrum wallet is a lightweight Bitcoin client(wallet) released in November 2011. That makes electrum one of the oldest and most trusted crypto wallets. Electrum is an important addition to Blackcoin because it has allowed us to integrate into the hardware wallet world. An example of successful hardware integration through electrum would be the development of our BLK-friendly Trezor plugin. Moving forward the obvious goal is to continue hardware integration with ledger, keepkey and any other compatible wallets. https://en.bitcoin.it/wiki/Electrum is a list of features the electrum wallet brings to Blackcoin. We have wrapped-Blackcoin(0xd2cdfd5d26dfa1d11116b9ed7dbd7c6b88c6e1d3) available on Binance smart chain with hopes to expand to Polygon(matic) and beyond. We have expanded our trading environment with listings at: Bittrex - BLK/BTC Xeggex.com (pronounced ZEG-EX) - BLK/BTC BLK/USDT BLK/USDC Freixlite - BLK/LTC Atomic dex - BLK/ anything Pancake swap - WBLK-BUSD WBLK/BNB Wrapping up 2022 we plan to use our exceptional media and marketing team to inform the rest of the Blackcoin community of our short and long term goals plans in real time. We realize communication is key to the development of Blackcoin so we will be putting an emphasis on communication in the short term. Although it may seem repetitive I assure you we are just working to create good habits for the community. If there are any questions or you would like to meet the BLK team please stop by Discord. I am sure someone has time to talk Blackcoin. ( http://discord.blackcoin.nl/) important message by a newbie... who can confirm? |
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Echo
this thread is presently no more silent than the two romero ones. |
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finally the goal of the whole ETH merge-move is unclear...
waiting for manageable explanations, this was at least dangerous.
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present price is 2 sats
was good while it lasted...
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..................
Based on the image data people will find that El Salvador have lost everything, because the valuation went high above and now valued far low. This is the common understanding, but the core behind it needs to be valued. The country stands high as the first to adopt bitcoin as legal tender, It keeps updating its plans and it has cleared that what is being termed as loss by majority of the people doesn't even constitute 0.1% of their budget.
agreed, it is not the main problem of this country presently. main is fight against insecurity and violent crime in the country, and good points are done. |
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@estenity. It would not be a good idea for who? The regulators or the investors in the cryptospace? It is certainly very clear that in this bear market more strict regulations on stablecoins are coming and this might affect the stength and how powerful the next bull market will be. However, I speculate the stablecoin issuers might also fractionalize and print more out of thin air hehehehe.
regulators must do their task, they are paid for that; what i mean is that from their decisions the notion of stablecoins will probably change, it was a misconception from the beginning to mimick fiat systems. |
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First the regulators block them then they control them. Similar to what I have been telling everyone, the regulators will use the stablecoin issuers to control the cashflow and liquidity of what and how much goes in and goes out of the whole cryptospace market. I am not antagonizing everyone. I reckon if America also creates the same legislation and implements this with the European Union, I speculate the next bull market might not be as strong as the crypto bull markets we have witnessed during 2017 and 2020. Dollar-pegged stablecoins might be blocked in the European Union’s 27 countries if the bloc’s new Markets in Crypto-Assets (MiCA) legislation enters into force in its current form.
The European Union’s landmark crypto law has already been approved but technicalities still have to be ironed out.
Blockchain for Europe and the Digital Euro Association this weekend sent a letter to the EU Council, a collegiate body formed by EU member states, in a bid to reverse controversial rules which would effectively quash any large stablecoin projects tied to anything but the euro.
The crypto industry says MiCA imposes restrictions on the issuance and use of stablecoins which aren’t denominated in euros or other official currency of an EU Member State.
This would possibly ban Tether’s USDT, Circle’s USD coin and Binance’s binance USD, which account for an enormous chunk of crypto trade volumes globally.Source https://blockworks.co/eu-crypto-lobby-fights-mica-limits-on-us-dollar-stablecoins/probably not a good idea; in this case, stablecoins independent of fiat standards will appear. This would allow limited number of coins, rarity effect and FOMO. after all, it was a basic idea for crypto innovation. the genius has definitely escaped the bottle. |
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What's the difference between ETH and ETHW?
Is it a fork?
And will there be two currencies after the Merge will take place?
It is a fork that not yet has happened. (ETHW will fork around 15 september) Ethereum POW and ETHW is the same thing. The sourcecode has removed the difficulty bomb, removed POS code, removed some of the stablecoin adresses/ tornado cash adresses/ and hacked accounts. Implemented replay protection to make sure the new blockchain can co-exist with the original Ethereum. The work is still in process, and more will be added. If you have ethereum on any of the supported exchanges at the forking date, you will receive the same amount of ETHW(Eth POW) as ETH. Ethereum owners who have locked their funds in the staking pool will not receive coins in the new POW fork. This means that the Ethereum POW will have 15-20% less coins than the original Ethereum. ... very precise, thank you so much. 34 eth is a very high figure, so I suppose that a majority of coins will be outside of staking; for exemple metamask (who gives access to the private key), will allow to receive directly ETHW ? |
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It's nice to see that the process is on full gear and would be finalized soon. Please I'll like to know how the merge will affect an ordinary user like myself. Do I need to move my ethereum out of my wallet to an exchange to get the new version of ethereum. I've been trying to follow the news but don't seem to understand how it relates to individuals holding small quantities ethereum. I'll appreciate more information in this light. Yes, I would also like to know such details. I came here to ask, but you got ahead of me. same details asked. |
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who can explain the interest of the "new" metaverse ?
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