This is how @GaryGensler and the SEC are trying to destroy the cryptocurrency industry.

They make it impossible to comply with registration rules

Since the SEC has decided to regulate through litigation rather than taking any steps to improve compliance, if I were offered an investment opportunity to issue a token, I would now turn it down.

Not because of the company itself, but because the SEC doesn't allow it to operate. The time cost and legal fees of trying to register and comply make it practically impossible

If you don't try to register and operate outside of the US, I don't want to be a part of it.

They have created a damaging environment that could easily be remedied by significantly improving compliance and truly protecting investors.

The crypto industry needs a way to register and comply. It needs a way to block out the speculative noise.

Instead, the SEC has made it so expensive, time-consuming, and difficult for those who want to comply that junk tokens coexist with real companies and investors have no way of knowing what is junk and what is real.

This is the legacy of @GaryGensler, who kept great companies from doing the right thing

Just look at the actual number of operating companies that have successfully registered their tokens with the US SEC and successfully continued operations.
$BTC

$BTC $BNB $SOL The big one is coming!

Sit tight, old man🚀
#內容挖矿
#內容挖礦

Solana memecoin $PHOX (@phox_sol) price has surged +9,000% in the past 24 hours. #phox

About BounceBit and Megadrop Participation Methods

Risk Warning: I have not participated in any round of investment in BounceBit, and this is not an investment advice. BounceBit Premium does not have a principal guarantee commitment, so please pay attention to the principal risk.

BounceBit's current CeDeFi position is similar to Bitcoin L2, which has CeDeFi properties similar to Ethena. The special thing is that the underlying layer uses BTCB hosted by Binance, which is also a point of appeal among many Bitcoin L2 projects:

1⃣️In a macro sense, after the US Bitcoin ETF is passed, offshore CEXs including Binance have great pressure on capital outflow. Using BTCB on the underlying assets helps slow down the outflow, which meets the needs of Binance. This is similar to the logic of cz's decision to deepen BSC during DeFi Summer. At that time, due to the emergence of farms on the ETH chain and the "coin withdrawal movement", CEX also brought double-digit capital outflow.
2⃣️In micro terms, Ethena's strategy is mainly to open orders on Bybit, while BounceBit's strategy pool includes the fee arbitrage of all small coins on Binance. In addition to capital sinking, it can also improve the liquidity within the exchange, killing two birds with one stone.

Looking at the BB token allocation ratio of Binance Megadrop, it has reached an astonishing 8%, which is much larger than the part of other projects that exchanges participate in public offerings, iykyk.

In short, the mature and sophisticated Bitcoin L2 aims to solve the actual problems/demands encountered in the development of CeFi at the DeFi level. In terms of the idea of ​​the product itself, it is much higher than a bunch of perpetual/option DEX a.k.a. DeCeFi with imaginary needs.

Binance Megadrop
Binance Megadrop is a new token issuance platform that seamlessly integrates Binance Simple Earn and Binance Web3 wallets, reshaping the airdrop experience.

How to participate
1. Search for Megadrop on Binance App
2. Lock BNB for financial management
3. Complete Web3 tasks
Reward calculation: Total score = (locked BNB score * Web3 task multiplier) + Web3 task reward

Locked BNB score (based on hourly snapshots during the BNB lock-up product snapshot period) = (120-day BNB average locked amount × 130) + (90-day BNB average locked amount × 120) + (60-day BNB average locked amount × 110) + (30-day BNB average locked amount x 100)
Web3 task multiplier: 1.5
Web3 task reward: 1,000

Reposted from @Kay Capital
#新币挖矿 #Megadrop #bouncebit

🎉The final round of revenue distribution was injected, and 14,367 cakes were distributed to all locked staking users participating in the revenue sharing pool.

🚀 Head to the new veCAKE staking page - check and claim your rewards! 👉pancakeswap.finance/cake-staking? C...

🆕The new veCAKE is now online. Now, veCAKE pool rewards can be claimed weekly along with revenue shares! Be sure to lock your cake or move your existing cake staking position before May 15th at 23:59 UTC to start accruing revenue shares to claim on May 23rd! Check out this document to learn how to migrate: 📚 docs.pancakeswap.finance/products/vecak…

ℹ️Please note that the quantity of cake rewards is affected by various external factors and may not match the quantity 100%.

$CAKE #內容挖矿 #內容挖礦

How do you choose? I really want to use the $APT in my hand to exchange for $RNDR . Do you think it can be exchanged? Help me analyze it! Please everyone 🙏

Written before#GALAskyrocketed, as of March 5th,#GALAhas nearly doubled!
And March and April are the months to shine for #GALA.

First,#GALAjoins forces with#AWSand @Alienware for the epic GDC Hackathon, @Official_GDC, the world’s premier global game developers conference, taking place March 18-22 in San Francisco.#GALAwill undoubtedly attract global attention at this conference and will attract more game developers to build on #Galachain, which will be conducive to its prosperous ecological development. The secret construction of#GALAduring the bear market will shine brightly at this moment.

Second, the global#DEPINconference will be held in Hong Kong in early April, where#DEPINleader#HNTfounder will attend. As a builder of the DCND (Decentralized Content Delivery Network)#DEPINfield,#GALAis expected to emerge at this conference. Regarding the introduction of#GALAin the#Depinfield, I introduced it in detail in the article last time. This is the underlying infrastructure of the#GALAentertainment empire, which you can look back on.

Third, the card game "Legends Reborn" on @GoGalaGames will be released on March 11th, @LegendsReborn__.

Summary:#GALAideally is an entertainment empire, a trinity of games, music, movies, combined with the underlying infrastructure to empower its entertainment empire, including its own public chain Galachain, DCND, NODE nodes, IPFS DHT, etc. This grand ecosystem and complete infrastructure will inevitably continue to flourish during the 2025 bull cycle, which is worth looking forward to! $GALA

$BNB This is too strong. It is about to break the previous high. It is indeed the best target. If you buy BNB, you will hold it for life. You will never lose money.

#热门话题 #內容挖矿 #內容挖礦 #BNB牛逼

$CAKE Let’s vote. Can Cake break the high of 42 in the last bull market?

#內容挖矿 #內容挖礦 #cake

$GALA announced that they are going to play casino😍😍😍
How much GALA have you seen in this bull market?

#GalaGames $GALA

Is last night's plunge a correction? Or is the Mavericks signaling the end? ? Are you bullish or bearish? $BTC $BNB $ETH $GALA $HFT

$BTC $JASMY $BNB Dear brothers, are you bullish or bearish now? I’m so confused. I want to buy but don’t dare to buy. If I don’t buy, I’m afraid of going short. How can I explain?

I have 1,000u spare money on hand, which one should I buy?
$1000SATS $GALA $ZEC #內容挖礦

$GALA There is not much movement in the gamfi sector at the moment. Gala is slowly rising. It is currently close to 0.03. It may be the last place before getting on the bus. What do you guys think?
#GalaGames #gamefi #內容挖礦

$ZEC A while ago, Binance announced that it would delist ZEC, so it cleared the ZEC in its hands. Most of them were mined by its own mining. With the recent rumors, it has started to review ZEC again. It has the following characteristics Bitcoin has the same meta code, the same quantity, and the same halving mechanism. When it first came out, the peak reached 600 US dollars. Now it is only in the twenties. I decisively bought back 20 more, just like it. Commemorate it. After all, it was one of the oldest currencies in the blockchain virtual currency. I think you can buy a few and keep them as a commemoration. Who knows whether it will be like Bitcoin in 10 years? Even if not, just take it as a souvenir, at least we have been here.
#zec

It’s safe to put $JASMY in the pocket, get the principal back and leave the rest in it.
What to prepare for an ambush? Please give me your opinions.
$JUP $CKB

$BNB What I regret most after using Binance for so long is that I didn’t buy B N B at the beginning. B N B is the best investment target among all cryptocurrencies. It is backed by Binance, the world’s number one exchange. All cryptocurrencies The currency has fallen from the last bull market, and the decline of B N B is very small. Moreover, it has the function of constantly mining new coins, which means it is constantly sending money to you. If you haven’t bought BNB yet, I suggest you find a good time to get on it and you can keep it for a lifetime.
#bnb #bnb一輩子

Since last year, I have shouted #Jasmy $JASMY in the group and asked my friends to continue to place fixed bets. Now it has successfully exceeded 0. I will continue to make fixed bets and get big results. 100 times more stable, it depends on whether you can hold it.

Newcomer registration 🫡
Do you have any friends in Taipei?
#BTC
#Taipei $BTC $BNB