SEC not not liking staking. They fined Kraken $30m. Coinbase is reporting that the SEC wants to ban "retail" staking for US citizens but keep it open to corporations.
SEC not not liking staking. They fined Kraken $30m. Coinbase is reporting that the SEC wants to ban "retail" staking for US citizens but keep it open to corporations.
The largest cryptocurrency by market capitalization declined after the crypto exchange giant agreed to settle charges with the SEC to shutter the service.
Crypto exchange Kraken on Thursday agreed with the SEC to pay a $30 million fine and shutter its staking platform for U.S. customers to settle charges concerning the offering unregistered securities.
I think grading, lines that may be off and other disputes make it really tough. Requires too much human intervention. That said, some day they'll figure it out.
I think grading, lines that may be off and other disputes make it really tough. Requires too much human intervention. That said, some day they'll figure it out.
That's what I think too. But given how simple a sports bet is, how can anyone have any faith in smart contracts being used for ... anything... besides swapping shitcoins for shitcoins?
That's what I think too. But given how simple a sports bet is, how can anyone have any faith in smart contracts being used for ... anything... besides swapping shitcoins for shitcoins?
agree since smart contracts are just an if/then statement. It seems as if the record is kept on a blockchain, all of a sudden it's now called a smart contract. The nice thing is there's an immutable record. Smart contracts are good for things such as buying and selling NFTs since we must know unique ownership.
agree since smart contracts are just an if/then statement. It seems as if the record is kept on a blockchain, all of a sudden it's now called a smart contract. The nice thing is there's an immutable record. Smart contracts are good for things such as buying and selling NFTs since we must know unique ownership.
Doesnt that imply coins associated with smart contracts are probably worth a lot less than the hype, assuming we're correct that smart contracts can't handle any trade that is even a little complex? Ive been wanting to make such a contrarian wager for years and it seems shorting ETH is the best option. Yet, you like ETH. Curious your thoughts