Lado Okhotnikov

  Another victory over the SEC... but perhaps the SEC does not yet know   While the entire crypto community was enthusiastically celebrating Grayscale’s victory over the SEC, New York court has issued a decision that could have even stronger impact on the global crypto business. The regulator wasn’t directly involved in the process - that’s probably why it went unnoticed. But look what happened! Yes, the SEC is not a party to the case, but it has suffered a crushing defeat! At first, the commission was not in trouble. Several private investors complained to the court about the decentralized crypto exchange Uniswap. Investors complained that they bought scam tokens and lost money in the Uniswap’s liquidity pool. Referring to the American legislation on securities, they have demanded damages. It was at that moment the shadow of the SEC appeared. The fact is that the plaintiffs largely repeated the SEC’s reasoning regarding cryptocurrency transactions: respondents are required t

  Coinfest Asia 2023: Lado Okhotnikov About Metaverse, Prospects and Achievements   Coinfest Asia 2023 brought together over 4,000 participants from 50 countries. The festival managed to establish close cooperation to launch the strongest ecosystem of the Third Generation Internet.   I've been following the developments closely and would like to congratulate Coinvestasi for gathering so many followers. I see good prospects and in the future I plan to establish cooperation with the guys who are interested in developing in the Web3 ecosystem.   As Steven Suchadi, founder of a major Indonesian crypto network, said, Coinfest helped funders and participants find a common point of view regarding the integration of the Internet into the realm of decentralization.   For two days I could not tear myself away, I saw a dozen important topics in the field of Web2 and Web3. For me, as an IT specialist, it was important to hear different opinions about the use of AI and ML in opt

  Hanoi Crypto Summit: Development of Metaverse, Blockchain Perspectives and Cryptocurrency Innovations   The Meta Force Metaverse, like its community, is growing. Only a year has passed and the number of participants has exceeded 1,000,000 people. This is a significant event since there are very few projects that in such a short period after the start were able to attract a live audience and not bots.     The summit in Hanoi is a long-awaited event, it brought together hundreds of participants from different parts of the world.   We touched upon the topics covering various aspects of the development of Meta Force and its ecosystem. We discussed strategic development, identified unique features and, of course, we did not forget about the technologies used, which are based on the blockchain.     I have repeatedly said that the role of participants and partners in the development of the ecosystem is invaluable. The success stories associated with the use of Meta For

  Gary Gensler to Appear Before Congress   Hi everybody! I hope to see some positive development soon. In September, the head of the SEC will have hearings in two congressional committees. This was reported by Fox Business journalist Eleanor Terrett .   The topic of the hearings has not been made public but it's clear that the crypto industry will become the main one. When a state-appointed body loses two court cases in a row in a certain area, legislators are entitled to ask why this happens.   Surely questions will be asked about spot bitcoin ETFs, it will be interesting to hear how Gensler argues for the pressure of his department on the crypto market.   The political aspect of the upcoming "conversations" should not be discounted either. As I said earlier: cryptocurrency could be one of the main topics of the upcoming elections.   Judge for yourself: according to surveys as of February this year, 20% of the US adult population (more than 50 millio

  The Problem of AI Regulation Discussed   Hi all! Recently a forum has been held on Google Cloud Next, where very important issues related to the development of neural networks have been discussed. What is the main problem now? Certainly, it's a legislation. Developers are afraid that one day the moment will come when some AI segments will be banned and legislators are afraid to interfere in this unknown, but rapidly developing area, so as not to harm.   After the March open letter of prominent figures in the IT sector, which has now been signed by about 34 thousand people, the problem began to be widely discussed not only in IT circles but also at the government level. And in June, UN Secretary-General António Guterres called for the creation of an analogue of the International Atomic Energy Agency to regulate the AI development and use.   During the discussion at the forum, the participants generally agreed that regulation is certainly necessary but it must be do

  Metaverse for $1. Lado Okhotnikov on What 2 + 2 Is and Whether Synergy Will Come   Hello, friends. I would like to introduce you to a recent publication on the topic of creating a metaverse available for as little as $1, which raises intriguing questions about its feasibility and the potential for revolutionary synergy. Here, we explore the concept of the metaverse and its possible impact on our digital and physical lives. We discuss the multi-dimensional nature of the metaverse, imagining a space where physical and digital realities seamlessly converge. The article examines the role of blockchain technology and cryptocurrencies in building the metaverse, emphasizing their ability to establish trust, security, and interoperability in this vast virtual world. In this context, I emphasize the accessibility of such a vast concept, reflecting on the idea of synergy within the metaverse. Will the integration of different technologies, platforms, and experiences create a truly ha

  Bitcoin ETF: Win or...?   The last two days of the crypto community have been in a state of euphoria. It was a good reason for that, Grayscale won the court case against the great SEC! Now the road to Bitcoin ETF is open. At least it’s almost open.   Today, the crypto market is fueled mainly by emotions. Any positive news can be a driver of growth. And so it happened this time. Immediately after receiving news of Grayscale’s legal victory, the Bitcoin Stock Rally began. Bitcoin, as usual, has dragged the entire crypto market behind it. Traders are frozen in anticipation of super growth.   Unfortunately, the growth did not last long - until the moment when emotions turned off and logic began. The traders were distracted from the terminals and took the time to think a little. There was a rollback. First of all, the victory is not final - the commission has many opportunities to slow down the licensing process. This is likely, given the SEC management’s particular relationsh

  Malaysia ’s Independence Day !   Sincere congratulations from me and from the entire Meta Force team!   Malaysia is a country that I really love, where I have great friends.   There’s a slogan called "Malaysia is Truly Asia". I don’t know who invented it, but it describes this wonderful country very accurately. It real is Asia as it should be. It is light, spiritual, hospitable, and at the same time harsh and firm in its convictions.   For me, Malaysia is an incredible mix of realities. There are modern city, spiritualized mosques and breathtaking rain forests. This is a country to which I want to come again and again.   Malaysia means a lot to Meta Force. Our investors and partners live here, including those who support us from the first day. We will continue to work together, and I am sure we will succeed.   Malaysia has one of the fastest growing Meta Force audiences. This means you not only understand and accept the cryptocurrency business, but

  Asia To Take Up 3/4 of the Metaverse. Lado Okhotnikov Found Out the Reason   On Sunday, August 27, the Digital Dynamos of Team M Power presentation took place, during which the leaders spoke about the importance of Web3, and in particular, evaluated the work of the Meta Force ecosystem.   Thanks to Mrs. Riyas Dynamos and Javed Jamal for taking a proactive stance on the "third generation internet" as a growth driver for the Metaverse of the Meta Force platform.   Mr. Jamal shared his opinion that the Meta Force team managed to organize an entire ecosystem in a short time, “ What really surprised me was the approach to organizing the Uniteverse program. I have not seen such unprecedented marketing, the depth of which can be understood when you start working with it ."   More to the point, by working with NFT in conjunction with the Uniteverse, users will be able to get early access to the Metaverse, which is expected to launch soon. In addition, a dozen o

  It's About Time: Lado Okhotnikov About the Belated Decision of Bloomberg   Just yesterday an interview came out with Michael McGlone, a lead analyst of Bloomberg Intelligence in which he predicted a fall in the stock market.   In his opinion, the “wrong” ratio of Nasdaq and BTC is a sign, “ The mechanism for providing liquidity has clearly not been working for a long time. We can say that futures for the Fed funds rose by a small share, about 5%. And this does not leave hope that support will continue to work effectively.”   Last week, I told you why I don't expect a stunning rise in bitcoin. There are two main reasons for this, one of which is the FUD around the Binance exchange.   In the meantime, amazing things are happening in Jamaica. Antonio, a local journalist for the Jamaica Observer, believes that if Jamaicans are forced to pay fares using CBDC, this will increase the speed of digital currency adoption and make life much easier.   I still look

  How Will the SEC Respond?   Hi everybody! A day has passed since the adoption of a court decision in favor of Grayscale against the SEC regarding spot bitcoin ETFs. The market has received a strong bullish momentum, a congressman Warren Davidson (of course, a Republican) called for the resignation of Gary Gensler but we all understand that after euphoria comes a hangover and the SEC will not just give in. What steps will the US securities regulator take now? Let's leave the option that spot bitcoin ETFs will get the go-ahead in the short term. It would be too easy. Although some experts are inclined towards this option, for example, one of the Blockchain Association leaders, Jake Chervinsky, said that the SEC would approve spot bitcoin ETFs to save face. The big question here: is there anything left to save? At least, to the crypto community. I repeat that the likelihood of such an outcome is minimum in my opinion. What is left for Gary Gensler and his team to do?  

  Mass Media vs. AI   Hi all! While the world media is circulating the news about the local victory of the crypto industry over the SEC (I'm talking about the Grayscale decision regarding the Bitcoin-ETF), media companies continue to fight ... with artificial intelligence.   The fact is that many information resources, including The New York Times, Reuters, CNN, blocked their sites, restricting access to the content for the GPTBot scanner. It was launched on August 8 this year to optimize the new ChatGPT models by indexing content from websites.   AI developers have already begun to receive copyright infringement lawsuits: in July Google was sued over a new privacy policy for collecting data using AI, around the same time several American authors, led by writer Sarah Silverman, filed a lawsuit against OpenAI for copyright infringement.   Michael Miller, CEO of News Corp Australia media company, was the first to voice the problem saying in April that companies launch

  TOP secret for Binance   We have only managed to rejoice at the success of Grayscale in its long confrontation with the SEC, as we received other news, which is really negative. The SEC has been working for several months as the main newsmaker in the field of cryptocurrency and blockchain, unfortunately on its initiative is born exceptionally negative news. So, on Monday, the commission presented to the courts in the case of the SEC vs Binance a sealed folder with secret documents, which observers suggest could dramatically affect the outcome of the trial. Access to the contents of the folder is restricted. Only authorized persons can view the documents. I asked the lawyers what that might mean? Never heard of this form of filing. I was told that the case is really rare. This is what you do when, for example, you want to protect a secret witness. Perhaps the regulator is careful not to panic the market. I think the situation in the United States is not good for Binance.

  “Life Is Good and I Have Everything” - Lado Okhotnikov About 2030   There are practically no buses, everyone uses electronic wallets, in addition to digital currency everyone has crypto at their disposal, artificial intelligence has become a serious competitor and now life takes place in the Metaverse.   No, this is not a science fiction novel but just a short story about what awaits us.   Finally, it is possible to verify the authenticity of everything that surrounds us through the blockchain.   Low-skilled labor has been replaced 99% by bots.   A smart refrigerator is engaged in the purchase of food and a robot courier is responsible for the delivery. Yes, sometimes people go to offline supermarkets at Kk I understand but this is an exception.   Many complain that at one time they missed the chance to master a new technology. When the idea of the Metaverse was in its infancy, it was hated and thus removed from view. Now it is difficult to imagine the life of an

  Is Bitcoin-ETF Kick s Off? Or Are We Still Waiting?   Wow, here comes the long-awaited positive! First, let’s start from a bit of formal: The Washington court ruled in favor of Grayscale and demanded that the SEC stop blocking Bitcoin-ETF. Gary Gensler received a painful blow, perhaps stronger than the Ripple defeat. Formally, Grayscale may move towards the release of Bitcoin-ETF. However, the SEC is unlikely to accept defeat - the confrontation with the crypto community has gone too far, and defeat means a reputation loss. The regulator still has a lot of tools, allowing not to block, but to postpone indefinitely the issuance of a permit. What does the decision of the Washington court mean for crypto business? I have announced positive news, but I must admit that this is only a moral victory. This decision fundamentally changes nothing. Recall that the head of the SEC, whom we value so much for the frankness (which can be better than a man who frankly tells about hi

  All Your Money Will Be Taken and You Will Be Declared Bankrupt   CBDC lags far behind the crypto market which is why we see a surge in interest in “managed digital money.” Why do I call CBDC a managed system?   The state wants to get full control over our finances by any means. Interest, fees, taxes - all this they charge for the fact that we use their fiat.   I want to emphasize that the money that is now in a bank account or in a safe at home is still not yours.   Cryptocurrency in this matter gives a clear understanding that no one can take away what you have earned from you. Moreover, no one has any plans to tax your earnings.   The recent example of the Brazilian central bank showed that you cannot trust anyone with your money. After the launch of the CBDC pilot project, concerned citizens found that user accounts began to be blocked and target balances were reduced.   Louis Tsu, CEO of the Venom Foundation, believes that CBDC will open up access to micro

  NFT is threatened. What’s next?   Friends!   Unfortunately, I have bad news. We just saw US tax authorities are planning to actually destroy the privacy of the crypto business. This will affect everyone: cryptocurrency exchanges and wallets, platforms, developers, any decentralized services. This will affect all users, at least US users.   This in itself will hit the crypto community hard. It won’t be critical, but a lot of people will have to leave the US and actually start a business from scratch or forget Crypto .   I absolutely agree with Adrian Brink, one of the founders of Nomada blockchain, that if somewhere we lose privacy, we should leave this place. Let them exist by themselves without us.   But that’s not all. Another message is coming. Our beloved SEC first drew attention to the NFT and accused the media company "Impact Theory" of illegal trading in securities. This has already become traditional in the commission’s communication with the cr