Rotorless
@Rotorless
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Degen vibe, open-source heart. Spinning RotorDrops from the void. Not your lawyer. RotorHub #PrivacyTech
global
Joined November 2020
If you are a "crypto data analytics company" and you are still posting metrics like monthly active addresses and daily transaction counts as if they mean anything, then you are a terrible data analytics company.
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If Circle used the Private Proof of Innocence protocol used by Railgun as their token screener this couldn’t have happened.
.@circle USDC freeze response time is an absolute joke GMX exploiter address at some point held $30M in USDC and keeps swapping tokens for USDC with no blacklisting in sight address holds $4.3m USDC right now its been more than 1h since the exploit took place
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Does anyone know who coined the term “not your keys, not your crypto”? Lets get to the bottom of this
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80% of cryptocurrency sent to Iran comes from "global exchanges," says TRM. Not "DeFi". Not "unhosted wallets." So how do Iranians circumvent compliance? By signing up with fake IDs. And where do you get a fake ID? From hacked KYC databases. AML is nonsense.
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There are many gaps in claims that DAOs are partnerships. For example a threshold issue to finding that a partnership exists is the contribution by a partner of partnership property *into* the partnership. There is no buyer or seller. Gap 1: when you buy a token on an CEX
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I'm convinced French judges have been closely following my account for years, since French courts seem to be the first to understand how to properly apply issues of fraud, computer hacking, etc. to smart contracts. And France is the EU's leader on MiCA. Bullish.
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100 people deposit $100 each into an ATM The cash from each user drops into a single mixed catch all bucket where all the underlaying assets are “co mingled”. To escape the ordinary meaning of “co-mingling” of the funds or assets, it is sufficient to print a new individual
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For the umpteenth time- #digitalassets and technology systems do not provide legal rights to their users. They provide system powers. Legal rights come from substantive law or agreements recognized by substantive law. These are not the same.
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Simple sentences will defeat 40 pages every time. A great piece by a good friend #stakehouse #stablecoin #Cryptoassets #BIS
https://t.co/TyjUsZZXpV
cryptobanking.network
Open letter to "Will the real stablecoin please stand up?" authors
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The purpose of a public blockchain is to limit State abuses of power. Use of a public blockchain is consent to not be regulated. Nobody is forced to use one.
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@lex_node The DApps section of FinCEN's guidance (that purportedly establishes financial regulations on novel technology or its "operators") lacks any citation to the statute being interpreted, or an explanation of the basis for this statutory interpretation, in the section imposing the
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I’m constantly amazed at how many times I hear how DAOs are “inefficient”, often by someone who is actually in one. Which efficiency model are they referring to exactly? Like that “efficient” multi-national over there ? Or that “efficient” government ?
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An interesting web3 concept for weddings: Staking Registry How it works: • Friends and family can stake ETH as a wedding gift. • As long as the couple stays married, they get to keep the rewards. • If the couple gets divorced, the ETH and rewards get redistributed to
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why?: imo, validation-as-a-service is *not* like an "earn" program nor like taking capital into a business or fund it's a ministerial tech service there is no unique business plan for Kraken to materially outperform other validators--returns are based on network activity
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1/ A short thread on Sinva v. Merrill Lynch (253 F. Supp. 359 (SDNY 1966)) https://t.co/X0w6A5DiOg. Â Why this case?
law.justia.com
Sinva, Inc. v. Merrill, Lynch, Pierce, Fenner & Smith, Inc., 253 F. Supp. 359 (S.D.N.Y. 1966) case opinion from the U.S. District Court for the Southern District of New York
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This is probably the worst thread I have ever read on Twitter. Gold medal for snake oil and puffery. Recipe for scaling up and maximizing losses.
1/5 🧵 Following the Azuki disaster, some misconceptions about NFT customers that most projects still have. It’s not about owning a PFP and dumping new mints. Community shouldn’t be treated as customers to dump on bc this limits the customer base to ~10k & alienates the community
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