Safe {Con} Berlin, the weather is nice. The recently released Safe{Core} by Safe has built a new Milestone in smart contract modularization. I am especially looking forward to the new projects coming out of Europe after MiCA is launched next year. It should be quite interesting! Can there be a $Safe?
Rebuttal: "Financial history, legal system and technology cycle: #RWA's trillion-dollar narrative does not stand up to scrutiny"
Under normal circumstances, it’s okay for everyone to have different views on the same things, but when they promote false logic and confusing concepts, I can’t sit still and say a few words, (only my personal opinion):
1. The author believes that all RWA assets must first be securitized, digitized, and then tokenized. (The implicit logic is that all related tokens are securities, the#SECcase has not yet been concluded, and #XRP’s slap in the face is not loud enough)
2. The author believes that the advantages of the#RWAscheme are “nothing more than”: increasing liquidity, simplifying transaction processes, and eliminating financial intermediaries. (I laughed so hard. Macro liquidity is provided by the central government. The simplified transaction process is based on quick confirmation of ownership. Anyone who has done an IPO knows how high the cost of financial intermediaries is. Is this "nothing more"?!)
"Endorsement" in Linkedin actually completes the preliminary#Credittransfer in#Socialin its centralized ledger. This simple function may be a PMF of#Socialfiin #WEB3, because:
To summarize the situations where regulatory filing is not required under the MiCA Act (via#Circle):
1. Utility tokens that are only used and available in a specific limited network
2. Crypto-asset issuance targeting no more than 150 people per EU member state or only qualified investors. The issuance volume does not exceed 1 million euros in 12 months (new tokenomics may be derived)
3. Digital assets that cannot be transferred (SBT, etc.)
4. The lending business of crypto assets including electronic currency tokens is clearly not within the scope (good for Defi)
5. Cryptoasset services provided in a “completely decentralized manner” (good for Defi)
6. Crypto-assets without an identifiable issuer do not require whitepaper/authorization requirements. However, if services are only partially decentralized, then they will be subject to MiCA. (There is no room for speculation anymore. Various centralization issues in L2, including sequencer, may become the focus of Compliance)
7. MiCA is not applicable to NFTs, including digital art and collectibles. or cryptoassets (RWA tokenization) that represent unique and non-fungible assets (such as real estate)
8. However, fragmented NFTs do fall within the scope of MiCA, as do NFTs issued in mass releases or collections. The EU provides for a "substance over form approach" for determining their substitutability. (Projects that convert NFT to FT will disappear)
9. Hardware or software providers of non-custodial wallets are expressly outside the scope of MiCA (Liduo MPC, AA, etc.)
10. Intra-group transactions, public entities and international organizations, such as the International Monetary Fund or the Bank for International Settlements, are expressly excluded
11. Central bank digital currencies (CBDCs) and other crypto-assets issued by public authorities and administrative bodies are also excluded
12. Crypto-assets that already qualify as financial instruments under EU law (such as MiFID securities) are not within the scope of MiCA
13. The European Securities and Markets Authority will publish guidance on eligibility criteria and conditions:
- Validators/miners will not be considered transfer service providers or, more generally, cryptoasset service providers
- Tokens created through mining or staking are not within the scope of MiCA
In the context of the $PEPE incident, a project that highlights the lack of money in the circle and can help Crypto obtain positive cash flow is a good project now.
Why do#AI#room temperature superconducting #alien, these seemingly unrelated things, but each of them can change the course of human development, appear together at this juncture? !
Guess: 1. The greater the crisis, the greater the need for revolution, whether in technology or production relations. 2. I don’t believe there is no such person behind the G-J#- Society.
The restoration of user confidence in @CurveFinance comes from whether the team can take responsibility this time... End users are harmed by the upstream supplier's products, and it is #CRV's brand and confidence in#Defithat is hurt.
The current owner of the Worldcoin token $WLD contract is a 1/1 multi-signature wallet contract: 0x59a0f98345f54bAB245A043488ECE7FCecD7B596, and there is only one contract owner 0 x c 534 a 745 bFfaF 9466 Ed 7 B 47 fA 23 B 0177 b 99 A 3 e 77, This means that only one signature is needed to perform privileged operations on behalf of the owner
I knew for a long time that #CCIP would be released this summer, and on the day it was released, I stupidly retweeted it and dis-distributed other bridges.
The result is that he forgets that he is a currency speculator and does not have a contract to open long $LINK . Sometimes whether you make money or not is really a matter of fate.
Yesterday I just said that there is no selling pressure at #BTC , so there are whales making preparations.
But it is also very likely that the currency standard is long, so it is difficult to judge the direction, but what is relatively certain is: the direction is coming soon, and everyone is preparing.
#BTC has been testing the lower edge, but there is no selling pressure. It is slightly negative, waiting for a bad news.
If it is not negative, it may continue to go sideways. In the future, the volatility of #BTC after#ETFwill gradually decrease. If everyone has this expectation, they may not be able to continue falling.
The focus these days should be on ETHCC, the Ethereum community conference held regularly in Paris every year.
Currently worthy of attention are Lens V2, Genosis’ payment card and Uniswap’s UniswapX.
At the same time, the CCIP cross-chain protocol finally released by Chainlink will pose a direct threat to all independent cross-chain projects on the market.
After the weekend break, the market is still stable, so continue to wait and see.
The market still only has more than 120 billion funds
The general rise in Defi brought about by the#RWAnarrative should have reached a short-term bottleneck, and of course it can also be seen as a valuation repair.
#Binanceturns6 The sixth anniversary is awesome! ㊗️Binance platform is getting better and better, firmly maintaining its position as the world’s number one CEX! By the way, today’s market is still looking for a shock, long term,#BNBto da moon! Looking forward to the anniversary blind box, Peace!
#Coinbase executives reduce holdings #ARKSister Mumu reduces her holdings #ETFis full of bullish news, investment banks call for orders, but do not pull orders #StablecoinMarket value does not reflect the large amount of new funds #MKRboss is suspected of trying to sell goods
A few days ago, I saw a friend share that the founder of @CurveFinance used @AaveAave to mortgage a large amount of $CRV in exchange for tens of millions of dollars in stablecoins. I thought it was a bearish signal.
But friends who are familiar with the#FAANGoperations in the United States in recent years should see that this is exactly the same as their operation of pledging company stocks and then repurchasing the stocks on the open market to raise the stock price. Go long immediately.
Rest and adjust for a few days, do not trade for the time being, and do not think that the bull market is coming or the starting point of the bull market.
The bad news is not exhausted yet, the US M2 is still shrinking
There is no new money coming in, and ETFs are also the story of next year.
At the same time, there are no new innovations in the industry
At most, let’s speculate on L2, and buy at #MAV on dips.