Modern Consensus
@ModernConsensus
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Digital currency news site covering technology, people, and culture of the cryptocurrency and blockchain world.
United States
Joined December 2017
A hearty thank you to Satoshi Nakamoto, as well as those whose commemorative thoughts we highlighted on the 15th anniversary of the Bitcoin white paper. @BitcoinMagazine @LynAldenContact @nic__carter @ercwl @pete_rizzo_ @DocumentingBTC @JoelLightbound (guess who's included but
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While most founders sell, I’ve acquired an additional >2% of the total $T supply. Here’s why I’m doubling down on the work we’re doing at @TheTNetwork 👇
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Taxing unrealized gains would mean Americans would owe taxes on the appreciation of their home every year. This would bankrupt the average family. Horrible idea that is only put forward by people preying on the fear of those who don’t understand economics or finance.
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Loneliness makes people crazy.
bank CEO tricked by pig butchering. embezzles $47 mln and sends it to scammers. sentenced to 24 years in prison https://t.co/Ad5jBTxcrG
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The SEC asked for $2B, and the Court reduced their demand by ~94% recognizing that they had overplayed their hand. We respect the Court’s decision and have clarity to continue growing our company. This is a victory for Ripple, the industry and the rule of law. The SEC’s
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There's a new hedge in town! @DeFiTechGlobal subsidiary @ValourFunds offers new ETP that provides convenient way to establish inverse position for Bitcoin, explains @Russ_N_Starr.
modernconsensus.com
New ETP provides convenient way to establish inverse position Bitcoin investors looking for ways to lock in their gains without having to sell their beloved HODL stash have a new option. DeFi...
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Covered a lot of ground with @MorningsMaria today – the BTC halving, my predictions for the crypto market by EOY, how pro-innovation policies in the US will prevail (step 1 - replace the SEC leadership and step 2 - Elizabeth Warren’s staff should read some actual facts on crypto
Ripple, Brad Garlinghouse on Fox this morning, talking stable coins and pushing for US regulators to step up.
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Gensler’s SEC has become unhinged. This will not, and should not, go unnoticed in an election year, as the SEC singlehandedly thinks it’s above the law, dragging the US further behind other G20 countries.
Gensler’s SEC has repeatedly acted outside the law – not going unnoticed by Judges admonishing the agency for a "gross abuse of the power entrusted to it by Congress" (DEBT Box case) and for acting without "faithful allegiance to the law" (Ripple case). Let’s not also forget
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Jon and Mariel haven’t just had a profound impact during their tenures at Ripple – they both raise the bar on what it means to be a Rippler. Very proud to now have them on our Executive team!
We're proud to announce the promotions of two seasoned leaders to the Ripple Executive team. Please join us in congratulating: 👏 Jon Bilich, Chief Financial Officer 👏 Mariel Kelley, SVP, People and Places Learn more:
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Crypto lawyer @JohnEDeaton1 is challenging @SenWarren in Massachusetts. She is crypto's leading opponent on Capitol Hill and he is one of it's fiercest defenders. Should be an interesting November.
Odd that @jaycaspiankang omitted @SenWarren from his comprehensive @NewYorker story on academics who benefited from a forged Native American identity. She is the best known "pretendian" - hard to imagine @JohnEDeaton1 will show similar deference.
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Ever wonder why our paychecks typically come twice a month or bi-weekly, in some cases weekly? In Web3 context, this seems quite anachronistic. And startups like @Superfluid_HQ are showing that it is, allowing payments that flow continuously across the economy at the speed of
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For his part, CZ reports that he's reading about biotech in his retirement - and taking inspiration from Stoicism. Here's our favorite of @RyanHoliday's many classics, @cz_binance: https://t.co/pBvET0aYHJ
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Judge Keeps CZ in U.S. Pending Review. U.S. District Court for the Western District of Washington issued a stay after prosecutors argued that “should Mr. Zhao decide not to return to the United States to face an uncertain sentence, there is no reason to believe that the UAE
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With the recent string of cases in which U.S. courts have reprimanded Gary Gensler and the Securities Exchange Commission – including a D.C. appeals court calling its refusal to approve a Bitcoin ETF “arbitrary and capricious” – and Tuesday’s multibillion dollar Binance
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Eight years in, Brendan Eich’s Brave remains the most crypto-aligned browser. A look at two enhanced features improving the security and user experience of signing messages with the wallet: “Sign-in With Ethereum” and CoW Swap. https://t.co/IU6OBKQ17J
modernconsensus.com
Eight years in, Brendan Eich's creation remains the most crypto-aligned browser Here's a thought exercise: what is the most impactful thing you could make in just 10 days? Thirty years before...
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Part 2 of @The_Colbosky's look at the threats quantum computing poses for crypto, with a focus on ECDSA. https://t.co/3oUsLqkHu1
modernconsensus.com
Part 2 of a look at the threats quantum computing poses for crypto In the first installment of this series, we introduced the concept of "quantum computing" and how, while still experimental, its...
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We add our voice to the chorus appealing to the @WSJ to correct their harmful misinterpretations of the @elliptic research on Hamas and crypto. Also kudos to @nic__carter for his dogged determination here and sponsoring bounties for analytics & real reporting.
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Even if the centralization risks of liquid staking can be mitigated, wider concerns related to periods of extreme market volatility remain. https://t.co/ddPPUQdbXQ
modernconsensus.com
There are efforts to mitigate centralization, but extreme market volatility risks contagion In our recent article Staking and Liquid Staking: a Primer we covered the fact that staking is rapidly...
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