Crypto Twitter This Week: SEC Targets Uniswap, Bitcoin Runes
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Talkin: They will try to say that USDC is a commodity even though Mango is not. But that’s not the case. The same goes for these swaps. So the government can’t even get out the door on the first two counts of this indictment. Of course, the transaction took place anonymously. But it’s a mango
— Inner City Press (@innercitypress) April 9, 2024
Many of you have no idea how bad the Avi case is for DeFi.
Suppose you get liquidated on Aave, but the network gets congested and the collateral price drops too much, creating bad debt in the protocol.
Do you want AaveDAO to be able to sue you to collect your debt?
— _gabrielShapir0 (@lex_node) April 9, 2024
today @Uniswap Labs received a Wells notice from the SEC.
I wasn’t surprised. Just annoyed, disappointed, and ready to fight.
I am confident that the products we offer are legitimate and that our work stands on the right side of history. But for a while it became clearer than that.
— hayden.eth 🦄 (@haydenzadams) April 10, 2024
4/9
The SEC has been embarrassed time and time again in court with political cases it cannot win, and has had a chilling effect on U.S. markets.
And now they choose to go against other legitimate operators instead of numerous scams.
— Adam Cochran (adamscochran.eth) (@adamscochran) April 10, 2024
Pups is Bitcoin’s first memecoin.
Pups is Bitcoin’s first BRC-20 airdrop.
Pups are migrating to runes using BRC20 and Ordinal pre-runes as mint/burn.
BRC20 Cub – 77%
Rune Doll – 23%Marketplace: https://t.co/vo2L6QRzcx
NFA, it’s just Bitcoin’s json file.
— Pups (@PupsToken) March 9, 2024
Rune is the most ridiculous, exaggerated, impractical, unnecessary narrative in this cycle and it doesn’t even exist yet.
But that doesn’t matter, the hype is real and the next cryptocurrency millionaire will be born within 10 days from now.
Fasten your seat belt. 😳
—faXx 🎈| 824.eth (@faxx_eth) April 9, 2024