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 This will be our last post LBRY throws in towel against the SEC

This will be our last post LBRY throws in towel against the SEC


Published: 2023-10-20


1. LBRY's Wind Down and SEC Appeal: LBRY,a blockchain firm,recently announced its decision to wind down its operations after losing its appeal against the U.S. Securities and Exchange Commission (SEC). The company's appeal was related to the SEC's claims that LBRY had conducted an unregistered securities offering. LBRY's decision to wind down signifies the end of its operations and the closure of its platform,which allowed users to publish and share content on a decentralized network. Despite their efforts to fight the SEC's allegations,LBRY was unsuccessful in overturning the ruling,leading them to bid a final goodbye to their users and community.

2. Impact on LBRY Users: With LBRY's winding down,the closure of the platform will inevitably impact its user base. LBRY users relied on the platform to publish and share a variety of content,including videos,books,and music. As a result,the closure of LBRY means that users will have to find alternative platforms to continue sharing and accessing similar content. This will not only disrupt the existing LBRY community but also pose challenges for content creators who depend on LBRY for distribution and monetization of their work. The closure of LBRY serves as a reminder of the regulatory challenges faced by blockchain-based platforms and their potential impact on user communities.

3. Legal Battle and Regulatory Challenges: LBRY's unsuccessful appeal against the SEC highlights the ongoing regulatory challenges faced by companies operating in the blockchain and cryptocurrency space. The SEC has been implementing stricter regulations to prevent fraudulent activities and protect investors,leading to increased scrutiny of blockchain projects and their compliance with securities laws. LBRY's case emphasizes the importance of companies understanding and adhering to regulatory requirements when conducting token sales or raising funds through Initial Coin Offerings (ICOs). The outcome of LBRY's appeal sets a precedent for other blockchain firms operating in the United States and serves as a reminder for them to navigate the regulatory landscape carefully to avoid legal repercussions. Note: The topics have been labeled as 1,2,and 3 for easier reference.


Reference: cointelegraph.com

The most traded coin


(Update every 1 hour)
at from is ($US) turnover ($)
1 BTC title=BTC 66,010.01 1,919,193,979.96
2 ARS title=ARS 1,091.30 1,312,416,777.00
3 ETH title=ETH 3,057.22 1,034,577,465.57
4 SOL title=SOL 166.60 689,028,863.25
5 PEPE title=PEPE <0.01 355,494,644.91
6 LINK title=LINK 16.14 200,087,286.95
7 XRP title=XRP 0.52 164,904,813.94
8 DOGE title=DOGE 0.15 152,993,330.31
9 RUNE title=RUNE 6.91 152,825,934.24
10 WIF title=WIF 2.85 152,723,480.57
11 BOME title=BOME 0.01 150,179,930.09
12 NEAR title=NEAR 8.09 145,048,721.05
13 PEOPLE title=PEOPLE 0.05 139,118,474.55
14 FLOKI title=FLOKI <0.01 113,225,563.51
15 FTM title=FTM 0.80 109,591,338.76
16 ENA title=ENA 0.72 93,147,834.28
17 RNDR title=RNDR 10.03 75,833,001.83
18 AVAX title=AVAX 36.61 73,591,980.30
19 JTO title=JTO 4.51 67,680,439.03
20 AR title=AR 48.14 62,161,179.26
21 WLD title=WLD 4.87 59,188,385.16
22 ADA title=ADA 0.48 56,092,054.25
23 SUI title=SUI 1.04 55,782,117.70
24 BONK title=BONK <0.01 49,419,757.07
25 ETHFI title=ETHFI 3.40 48,682,039.08
26 OP title=OP 2.56 48,650,197.24
27 ICP title=ICP 12.82 46,712,099.80
28 AEVO title=AEVO 0.82 38,935,852.63

Coins with rapidly rising prices


(Update every 1 minute)
at from is ($US) more (%)
1 Cream title=CREAM 64.75 +40.36
2 Chainlink title=LINK 16.14 +16.49
3 Lido DAO title=LDO 1.78 +13.93
4 Biconomy title=BICO 0.52 +11.60
5 Pendle title=PENDLE 4.78 +11.24
6 Loom Network (NEW) title=LOOM 0.09 +10.57
7 SSV Network title=SSV 39.35 +9.70
8 Vulcan Forged title=PYR 4.58 +8.21
9 Arweave title=AR 48.14 +7.74
10 Reserve Rights title=RSR <0.01 +7.61
11 Chromia title=CHR 0.35 +7.28
12 Dusk title=DUSK 0.33 +7.26
13 Omni Network title=OMNI 15.23 +7.03
14 TrueFi title=TRU 0.12 +6.97
15 Polymesh title=POLYX 0.42 +6.97
16 API3 title=API3 2.54 +6.47
17 Optimism title=OP 2.56 +6.44
18 Enjin Coin title=ENJ 0.32 +6.24
19 Cardano title=ADA 0.48 +5.99
20 Enzyme title=MLN 22.36 +5.72
21 Avalanche title=AVAX 36.61 +5.63
22 Keep3rV1 title=KP3R 78.59 +5.56
23 THORChain title=RUNE 6.91 +5.22
24 LTO Network title=LTO 0.19 +5.19
25 Raydium title=RAY 1.80 +5.18
26 MANTRA title=OM 0.75 +5.15
27 Metis title=METIS 60.82 +4.97
28 Yield Guild Games title=YGG 0.85 +4.86
29 Quickswap [OLD] title=QUICK 0.06 +4.83
30 Tensor title=TNSR 0.91 +4.72

The price of coins is falling rapidly.


(Update every 1 minute)
at from is ($US) reduce (%)
1 Rocket Pool title=RPL 19.55 -4.40
2 Jito title=JTO 4.51 -3.88
3 Bittensor title=TAO 379.30 -3.39
4 iExec RLC title=RLC 3.23 -3.24
5 Bonk title=BONK <0.01 -3.17
6 Sui title=SUI 1.04 -2.85
7 Manta Network title=MANTA 1.56 -2.25
8 GMX title=GMX 30.08 -1.60
9 BakerySwap title=BAKE 0.28 -1.57
10 Atlas Aggregator title=ATA 0.17 -1.43
11 Stacks title=STX 2.03 -1.41
12 Aevo title=AEVO 0.82 -1.33
13 TROY title=TROY <0.01 -1.33
14 dogwifhat title=WIF 2.85 -1.30
15 Sei title=SEI 0.55 -1.25
16 High title=HIGH 4.75 -1.25
17 Pixels title=PIXEL 0.35 -1.17
18 Bluzelle title=BLZ 0.36 -1.16
19 Numeraire title=NMR 26.99 -0.99
20 NEAR Protocol title=NEAR 8.09 -0.98
21 MultiversX title=EGLD 40.12 -0.96
22 Dogecoin title=DOGE 0.15 -0.88
23 ARK title=ARK 0.83 -0.86
24 Render title=RNDR 10.03 -0.82
25 Beefy title=BIFI 339.40 -0.73
26 Pepe title=PEPE <0.01 -0.69
27 Cats Of Sol title=COS <0.01 -0.66
28 CyberConnect title=CYBER 7.48 -0.63
29 Open Campus title=EDU 0.52 -0.60
30 Orion title=ORN 1.38 -0.57

Bitcoin's Greed and Fear Index.

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74
Greed

Global CryptoCurrency News

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at news day date time
1 CB Leading Index m/m Friday 17-05-2024 15:00
2 FOMC Member Waller Speaks Friday 17-05-2024 15:15
3 FOMC Member Daly Speaks Friday 17-05-2024 17:15
4 FOMC Member Kugler Speaks Saturday 18-05-2024 22:45

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