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Biden vetoes bill to repeal SEC's SAB 121 on crypto custody accounting standards ! U.S. President Joe Biden vetoed a bill to overturn SEC bulletin SAB 121, which sets accounting standards for firms that custody crypto. In his letter to the U.S. House, Biden emphasized the need for guardrails to protect consumers and investors. The bulletin has faced criticism from the crypto industry, fearing it may hinder banks from safeguarding digital assets. #Biden #Megadrop #SECCryptoRule #MtGox

Biden vetoes bill to repeal SEC's SAB 121 on crypto custody accounting standards !

U.S. President Joe Biden vetoed a bill to overturn SEC bulletin SAB 121, which sets accounting standards for firms that custody crypto. In his letter to the U.S.

House, Biden emphasized the need for guardrails to protect consumers and investors. The bulletin has faced criticism from the crypto industry, fearing it may hinder banks from safeguarding digital assets.

#Biden #Megadrop #SECCryptoRule #MtGox

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TOP 10 BEST ONLINE MINING BOTS LIKE NOTCOIN FOR TELEGRAM IN 2024. 🚀🚀🚀 In 2024, the top cryptocurrency miner games on Telegram offer a diverse range of experiences. MemeFi Coin, TapSwap, PixelTap, Yescoin, NEAR wallet with options to mine HOT, CEX.IO Power Tap, Simple Tap, Dotcoin and SHIBA on TON are among the most popular choices. List of the best telegram miners today: 1. MemeFi Coin — is a new cryptocurrency project that has been released in the form of an interactive mini-game within Telegram. Fight ghost enemies and collect rewards. 2. TapSwap — is a trending Telegram mini app where players can earn TAPS coins by engaging in various in-game activities. 3. PixelTap — is a classic tap game that allows users to earn tokens simply by clicking or playing mini-games, and it’s all in the early stages of development, so it’s definitely worth joining! 4. Yescoin — is a Telegram Swipe-To-Earn app that airdrops $YES coins to users simply for swiping their phone screen. Imagine the classic fruit slicing mobile game, but instead of fruits, you’re slicing coins, and earning them for free! 5. NEAR wallet mine HOT the next generation Telegram wallet. Create account to use crypto and earn $HOT. 6. CEX.IO Power Tap Farm CEXP tokens, dominate challenges, and score insane loot. Created by CEX.IO 7. Simple Tap is Telegram bot Simple Tap for farming the SMPL token. Simple introduces the Simple Tap miner bot within the Simple ecosystem. This bot allows you to earn SMPL tokens by completing tasks and participating in virtual mining. 8. Dotcoin is Telegram game where you get Dotcoins by clicking on a DOT. Players can join groups (Telegram channels and chats), complete tasks, invite friends and increase levels. 9. SHIBA on TON is a popular meme coin that has been accepted by the cryptocurrency community all over the world. It’s time for Shiba to dominate The Open Network. #BinanceTournament #bitcoin #BTC #altcoins #mememcoinseason2024
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Educational Post for #BinanceSquareFamily What Is Chain Abstraction? Chain abstraction is NEAR’s idea of simplifying how users interact with blockchain technology by separating it from the user experience (UX). The goal is that users should not be aware of the specific blockchain they are interacting with or even realize that they are using a blockchain. How Does Chain Abstraction Work? Efficiency Imagine if you could only send messages from an iPhone to another iPhone but not to Android phones. That would be inefficient and impractical. Similarly, users should be able to interact with decentralized applications (DApps) across different blockchains without unnecessary hurdles. The goal of chain abstraction is to remove or hide the complexities of blockchain technology, allowing users to focus on the functionality and benefits of the DApps they use. For instance, if Sarah wants to use a new DApp called XYZ, she should not have to worry about which blockchain it is built on. From a user perspective, she just wants it to work well and fulfill its purpose. Similarly, millions of people use the internet every day, but only a smaller percentage understand the technology behind it and how it works. As long as it works as intended and adds value to users, there is no reason for the average user to fully grasp its technical details. Transactions Imagine using a DApp that allows you to easily transact across multiple networks and navigate different services. For instance, imagine that Sarah opens the XYZ app on her phone, orders a coffee, and sees a discount for her favorite clothing store. She buys a pair of shoes, earning rewards that are stored as non-fungible tokens (NFTs) on Ethereum. Later, she notices a special offer tied to her reward and buys tickets to an event, which are also NFTs, but on BNB Smart Chain (BSC). All these transactions could happen in a single app, removing the need for Sarah to manage multiple wallets, switch networks, or directly handle transaction fees. #BinanceTournament #bitcoin #BTC #AirdropGuide
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