Hinman outlined a vision of decentralized tokens being free from registration; then the SEC hammered them for failing to register. Don't take the bait. Keep yourself and others safe from bad actors on social media. Learn how to spot imposters + stop scammers in their tracks. And during the second quarter, there was a significant rise in crypto-focused phishing attacks across social media sites, according to a new. OPEN GOLF BETTING PRICES

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In practice, the SEC wants to hammer crypto out of existence. How wrong he was. Decentralization was the goal from the beginning Everyone who participated in launching the first blockchain ledgers like Bitcoin, XRP and Ethereum, understood that decentralization was the point. Blockchain technology was developed to remove friction from the economy and enhance the power of peer-to-peer activity. Bitcoin developed the idea of a currency to trade or store value without bankers involved.

XRP became a bridge token for clearing and settling cross-border cash payments without intermediaries. The millions of hours in code writing and billions of dollars in investment to build these groundbreaking networks were not meant as get-rich-quick schemes. Rather it was careful engineering to improve the technology of money think computers over typewriters or email over letters and to lessen its cost.

Further it characterized every sale of XRP by anyone — be it Ripple, some other company using the XRP ledger, or XRP holders who traded it on the secondary markets without knowing anything about Ripple — is an unregistered securities transaction involving Ripple shares.

XRP itself is a security, not the way it is packaged and sold. Worse yet, the SEC made the mindboggling allegation that everyone should have known XRP was a security since when its network debuted. That would include Hinman and all the SEC staffers who helped him write his speech, one would presume.

The app will feature a dashboard where you can easily track the tokens in your portfolio. There will also be a built-in rug-pull checker to check if a new project will likely be a rug-pull or not. In summary, Baitcoin offers investors price profitability in the long term due to our token being used as a utility in different real-life use cases. NFTs The music industry has a ticketing problem where tickets for music concerts, live shows or festivals can be faked.

The sad truth is a lot of people fall victim to fake ticket selling, particularly online. Nearly 11 million people are affected by fake ticket sales yearly. A lot of them buy tickets from websites only to get turned away from gigs. Some even get scammed outrightly, as they purchase tickets and never receive them. We will be launching NFTs for our soon to be partners to solve this problem. Even better, we will launch a sophisticated verification system that can check for the authenticity of these tickets when they are presented at the event venues.

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