Ripple vs SEC Ruling Further Disrupts Regulation? What is Ethereum’s “decentralized validator technology”[9 carefully selected books you want to read on Sunday]| CoinDesk JAPAN

XRP’s legal status seems to have some kind of duality. In other words, it’s not “Schrödinger’s Cat”, but “Schrödinger’s Grass Coin” — from the columns, analysis articles, interviews, etc. published this week, we carefully selected what we want to read on Sunday. There are 9 this week.

Ripple vs SEC Ruling Further Confuses Regulation: Ruling Issues and Potential Overturn on Appeals

Legally speaking, what are crypto assets (virtual currencies) that are sold to the public?

Following a shocking July 13 ruling by Judge Analisa Torres of the Southern District of New York in a case between the U.S. Securities and Exchange Commission (SEC) and Ripple Labs, the answer is that while XRP is an investment contract sold illegally when sold to VCs and institutional investors, it is perfectly legal when sold through cryptocurrency exchanges or distributed to employees and insiders. It seems that it will be a “different thing”. …read more

Ethereum, Final Milestone of Current Phase “Decentralized Validator Technology”

Decentralization is a pillar of the blockchain ethos, and Ethereum developers are currently prioritizing new features that take this principle to the next level.

That’s called Distributed Validator Technology, or DVT. …read more

Who Really Benefits from a Central Bank Digital Currency (CBDC)?not a citizen

It’s hard to think of a reason to be in favor of Central Bank Digital Currencies (CBDCs). While the benefits are few, the risks of abuse are serious.

CBDC proponents may benefit from winning advocacy and CBDC contract deals from governments, but governments are likely to receive most of the benefits of CBDCs.

Even longtime supporters of the central banking system recognize that CBDCs offer no unique benefits to ordinary citizens. …read more

Tom Cruise’s visit to Japan is also canceled ─ The necessity of Web3 that can be seen from the Hollywood strike

Joining the writers’ strike that began in May, Hollywood actors also went on strike, reflecting a hard truth about the Web2 economy. The economics of the streaming platform industry don’t work.

It’s also a reminder that all creatives should look to Web3 solutions, ignoring the ignorant media commentary that has stripped the term of Web3 of its mainstream appeal. …read more

Negative Correlation Between Bitcoin and US Dollar Index Will Return: Analysts Predict

The negative correlation between Bitcoin (BTC) and the US Dollar Index (DXY) has broken down in recent weeks, and the top cryptocurrency by market capitalization is struggling to extend its topside as the dollar continues to sell off. But one observer said this situation may not last long. …read more

Web3 Venture Capital Strategy Keeps Momentum In Crypto Winter

Two years after its establishment, Shima Capital has already supported over 100 early stage companies. The company hasn’t stopped its momentum even in recent industry turmoil.

“We think of the current trend as a barbell,” Shima Capital founder Yida Gao told CoinDesk.

After working in traditional finance, he founded Shima Capital in 2021 and spoke about the current crypto venture capital (VC) landscape constrained by the bear market. …read more

Why “Threads” Acquired 100 Million Users

Twitter has long been ripe for disruption. Many people have left Twitter to complain or protest how bad it has become. There were plenty of opportunities for a decentralized social network that truly empowered its users to challenge Twitter. And indeed, quite a few attempts have been made. But so far nothing has come close to matching Twitter.

But now, thanks to widespread dissatisfaction with Elon Musk’s excesses of power, a Twitter rival is finally here. …read more

What Crypto Analysts Can Learn from Baseball – Which Promising Players Can Compete with Veteran Players in Bitcoin, Ethereum, etc.?

Established digital assets such as Bitcoin (BTC) and Ethereum (ETH) are like veteran star players, while newer altcoins are like recently drafted players. Altcoins are by all accounts a promising asset, but they have a long way to go before they succeed. …read more

True consumer protection in crypto lies somewhere between decentralized and centralized

Discussions about crypto regulation and compliance, or lack thereof, are increasingly losing their bearings. The general objectives of financial regulation are to maximize consumer protection, prevent fraud and abuse, and ensure orderly markets. Broadly speaking, the mission is the same for all regions, countries and financial regulators. …read more

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