Token2049, World Liberty Financial's Security, Airdrops: Securities?
This week on Unchained: Ogle on World Liberty Financial, and Amanda Tuminelli on airdrops as securities. Plus, a new episode of The Chopping Block.
Trump’s Crypto Project May Attract Hackers. That’s Why This Security Expert Joined
Crypto security expert Ogle is advising World Liberty Financial to make sure the normies don’t get burned.
World Liberty Financial (WLF), the Trump-backed DeFi project, launched this Monday.
In this episode, crypto security expert Ogle discusses his role as an advisor to WLF. He dives into why he joined the project, what makes it unique, and how Trump’s involvement could bridge the gap for many who are new to the space.
Plus, Ogle shares his thoughts on the security challenges WLF might face and the project’s potential to rival major players in the market.
He also touches on his new layer 1 blockchain Glue, and why he thinks it will provide a better user experience than what is out in crypto today.
Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform.
The Chopping Block: SVM vs. EVM, VC Investment in Solana and Memecoins’ Future
SVM vs. EVM, VC Cash Influx, & Network Extensions.
Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Tom Schmidt, Tarun Chitra, and Robert Leshner chop it up about the latest in crypto. This week, the squad is joined by special guest Mert Mumtaz, co-founder of Helius. In this episode, the crew dives into the growing rivalry between SVM and EVM, the surge of VC investments in the Solana ecosystem, and the fierce debate over rollups. They also explore the rise and fall of memecoins, Solana’s infrastructure evolution, and the future of high-performance blockchains.
Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform.
The SEC Thinks Crypto Airdrops Are Securities. Here’s Why This Lawyer Thinks It’s Wrong
Congressmen Tom Emmer and Patrick McHenry sent the SEC a letter demanding clarification on how crypto airdrops are securities offerings. Amanda Tuminelli of the DeFi Education Fund breaks down why she thinks the SEC is wrong on its interpretation.
This week, Republican Representatives Tom Emmer and Patrick McHenry sent a letter pressing SEC Chair Gary Gensler for clarity on how securities laws apply to airdrops.
With billions of dollars worth of tokens airdropped this year alone, projects need clarity more than ever.
In this episode, Amanda Tuminelli, Chief Legal Officer of the DeFi Education Fund, dissects the SEC’s stance on airdrops, why her organization believes the SEC has stretched the legal definition of “compensation” too far, and what Congress might ask Gensler in his upcoming hearing.
Plus, she talks about how the SEC “regrets” any confusion it caused for using the term “crypto assets securities,” since the agency now admits that tokens themselves are not securities.
Listen to the episode on Apple Podcasts, Spotify, Pods, Fountain, Podcast Addict, Pocket Casts, Amazon Music, or on your favorite podcast platform.
In Case You Missed It 👀
Here are some articles you will probably want to read:
BNY Identified as First Bank to Receive SEC Exemption From SAB 121
On Monday during a public hearing in Wyoming, BNY was named as the bank that received an exemption from the SEC’s onerous rules for custodying digital assets.
Token2049 Coverage:
Buterin at Token2049: ‘We’re Not Early to Crypto, But We’re Early to Crypto Being Usable’
Today’s Ethereum ecosystem has vastly lower transaction fees and a greatly improved user experience, providing builders with both decentralization and practicality, the network’s co-founder said.
SOL on Course to Flip ETH, Says Multicoin Capital’s Kyle Samani
The managing partner for the heavyweight digital asset investment firm heaped praise on Solana as he suggested Ethereum suffers from sluggish development, an identity crisis, and a hemorrhage of user fees to layer 2s.
Firedancer Efforts Bring Solana a Step Closer to Leap in Processing Power, Says Jump Trading’s Science Chief
Avoiding computer science “magical thinking” is the key to unlocking capacity already available in the current Solana ecosystem, Kevin Bowers told the network’s Breakpoint conference in Singapore.
PYTH Stakers Get Carrots and Sticks as Douro Labs Rejigs Staking Mechanism
Rewards and slashes in store for stakers on security-enhanced oracle network, Douro Labs CEO told Solana Breakpoint conference in Singapore.
Bring Back ICOs, Says Multicoin Capital’s Tushar Jain as He Wins Agreement from Debate Adversary Qiao Wang of AllianceDAO
In a debate at the Solana Breakpoint conference on Saturday, the Multicoin Capital executive convinced the AllianceDAO founding contributor of the democratizing value of initial coin offerings.
$1.3 Billion Market Cap BONK Caught Asymmetric Capital’s Eye at $28 Million, Founder Tells Solana Breakpoint Event
Echoing the way that DOGE outpaced top cryptos during the last cycle of 2021, memecoin BONK has in the past year been a better performer than the governance tokens of the biggest Ethereum L2s.
Stoner-Originated Proof-of-Liquidity Network Berachain Scores a Hit at Token2049
If this year’s Token2049 crypto conference had a spirit animal, it was arguably Berachain, which showed off its fun and freewheeling culture in Singapore this week.
Read the Weekly Recap!
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