ConstitutionDAO 價格PEOPLE

Compared to the 17 cycle, or 21 cycle, do you have more or less people around you claiming they “got rich” from crypto over the last 2-3 years?

When Paul Atkins replaced Gary Gensler, things were expected to change with the SEC, and they have, to a large extent. However, people have still complained about how sluggish the agency is with the lack of urgency in considering ETF applications. It has delayed making a decision on several spot altcoin exchange-traded funds, and the delay has become a common occurrence in recent months, frustrating many. On Thursday, the SEC shared its next steps on the Bitwise Dogecoin ETF, Grayscale Hedera Trust, and the VanEck Avalanche ETF. According to the agency, the “Institution of proceedings does not indicate that the Commission has reached any conclusions with respect to any of the issues involved.” However, “the Commission seeks and encourages interested persons to provide comments on the proposed rule change.” This latest delay comes two days after the SEC reportedly requested that spot Solana ETF issuers update their S-1 filings. This historically means approval is closer, with Bloomberg’s Eric Balchunas estimating that approval could happen within the next two to four months. As things stand, the SEC is expected to approve dozens of spot crypto ETF filings. However, the agency is taking its time despite the new leadership. “We have received comments from the SEC and have been asked to address and file an amended S-1, which we plan to do so shortly,” a 21Shares representative said on Wednesday with regards to the firm’s SOL ETF submission. Notably, VanEck and 21Shares have expressed concerns about the SEC’s apparent failure to practice a “first-to-file approach,” which would allow the agency to greenlight product proposals on a first-come, first-served basis. “The failure to follow this practice has frustrated the regulatory principles of innovation, fairness and competition in the financial markets,” the firms wrote in a letter this week. “To that end, we respectfully request your prompt reinstatement of the Commission’s longstanding first-to-file approval principle for registration statements. Simply put, when the Commission plays favorites, it costs ETP sponsors money and makes the ETP marketplace less fair.” Many have criticized the SEC for its sluggish approach towards approving spot crypto ETF filings, but that’s not the only thing that has experienced delays. The SEC’s case against Ripple, which has been a cloud over $XRP for quite some time, has faced many delays but some say it is finally about to come to an end. According to Eleanor Terrett, the SEC and Ripple have jointly requested a Manhattan District court to dissolve the injunction in their ongoing case and release the $125 million civil penalty held in escrow. She reported that the proposal, which states that $50 million be paid to the SEC, with the remaining funds returned to Ripple, is the latest in the broader effort to settle the case, end the pending appeals, and avoid further legal proceedings between the two parties. The filing reportedly argues that “exceptional circumstances” — including a settlement, the SEC’s shift in crypto policy, and a desire to avoid further litigation — justify modifying Judge Torres’s final judgment. It comes after her May decision, where she denied a similar request for modification. Sentiments on X are hopeful the end of the case is finally here but there are pessimists who think there will be more delays before any resolution is reached. KEY Difference Wire helps crypto brands break through and dominate headlines fast

We are down so bad that people stopped complaining about nfts

Christine Kim, former Vice President of Research at Galaxy Digital, has shared her concerns about the new leadership structure at the Ethereum Foundation (EF). She pointed out that key people are now handling too many roles and said the new organizational chart is confusing. In a July 11 X post , Kim noted that Tim Beiko, Barnabé Monnot, and Alex Stokes are in charge of several things at once. She explained how the three are leading all research and development teams, managing their own, and working on L1 and L2 scaling and user experience improvements for the next 12 months. Sharing the Ethereum Foundation’s organizational chart, the researcher questioned the purpose of the highlighted sections on it and wondered if Beiko was responsible for both protocol coordination and supervising multiple projects. “What are the highlights for?” wrote Kim. “Does Tim lead protocol coordination and oversee pas, pandaops, geth, and steel?” Additional concerns raised included the reasoning behind the color coding, which grouped related functions and teams under different hues, including purple, light blue, light green, and orange. The former CoinDesk reporter was curious about the exact rationale for the groupings, which she felt was unclear. For example, she asked why consensus was in the same category as account abstraction but not with stateless consensus or peer-to-peer networking, and why testing was next to PandaOps instead of security. In response, Ethereum researcher Barnabé Monnot explained that the bolded names on the org chart were team leads, with color groupings referring to “whom each team is reporting to.” Nonetheless, he admitted that the chart might contain too much information, suggesting that the current version was somewhat hard to interpret and could benefit from simplification or removal. The restructuring comes at a time when the EF has been facing ongoing criticism about its management and overall strategy. Community members had warned that if the organization failed to solve major technical problems, Ethereum could lose its strong position in the market. The non-profit responded by making changes, starting in early March, when it appointed Hsiao-Wei Wang and Tomasz Stańczak as co-Executive Directors. This was followed by the most recent reorganization, which included staff layoffs and renaming the Protocol Research and Development department to just “Protocol.” Reaction to the revamp has been mixed. Some people responded positively, with Wang saying she hopes the new setup will help teams stay focused and move key projects forward. On the other hand, Kyle Samani, co-founder of Multicoin Capital, pointed out a possible conflict between growing the network and improving user experience while dismissing staff. The job cuts follow Ethereum’s recent Pectra upgrade, which has also raised concerns about potential security vulnerabilities. Specifically, EIP-7702 was exploited in phishing attacks that affected over 10,000 addresses. There have also been reports of malicious contracts targeting vulnerable MetaMask users.

Ice Cats. Idk how people don’t care about sports.