March 2024 - cypherpunks - lists.cpunks.org

House Bill To Undo SEC Crypto Accounting Bulletin Advances
by Gunnar Larson 01 Mar '24

01 Mar '24

House Bill To Undo SEC Crypto Accounting Bulletin Advances <https://www.law360.com/fintech/articles/1808596?nl_pk=d2b3e7ef-ab62-4a62-80…> By Aislinn Keely A bipartisan bill that would undo crypto accounting guidance from the U.S. Securities and Exchange Commission advanced out of the House Financial Services Committee on Thursday, despite concerns from some Democrats that it could have a chilling effect on future SEC guidance. Read full article » <https://www.law360.com/fintech/articles/1808596?nl_pk=d2b3e7ef-ab62-4a62-80…> | Save to favorites » <https://www.law360.com/fintech/articles/1808596?nl_pk=d2b3e7ef-ab62-4a62-80…>

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Meta Hit With GDPR Complaints By EU Consumer Groups
by Gunnar Larson 01 Mar '24

01 Mar '24

Meta Hit With GDPR Complaints By EU Consumer Groups <https://www.law360.com/compliance/articles/1808056?nl_pk=ab5ce197-c1fb-4d8e…> By Eddie Beaver Meta has been accused of "massive illegal data processing" by eight European consumer groups, which alleged on Thursday that the tech giant's "consent or pay" choice for customers is a cover-up for obtaining sensitive personal information. Read full article » <https://www.law360.com/compliance/articles/1808056?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/1808056?nl_pk=ab5ce197-c1fb-4d8e…>

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Sierra Club Pushes For Survey On Crypto Grid Impacts
by Gunnar Larson 01 Mar '24

01 Mar '24

Sierra Club Pushes For Survey On Crypto Grid Impacts <https://www.law360.com/compliance/articles/1807830?nl_pk=ab5ce197-c1fb-4d8e…> By Tom Lotshaw The Sierra Club is urging a Texas federal judge to consider how the public stands to be harmed if a survey to gauge the growing cryptocurrency mining industry's impacts on the electric grid isn't completed soon to better inform utilities, grid operators and regulators. Brief attached | Read full article » <https://www.law360.com/compliance/articles/1807830?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/1807830?nl_pk=ab5ce197-c1fb-4d8e…>

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Lummis, Clement Slam SEC's Kraken Suit As Crypto Overstep
by Gunnar Larson 01 Mar '24

01 Mar '24

Lummis, Clement Slam SEC's Kraken Suit As Crypto Overstep <https://www.law360.com/compliance/articles/1807873?nl_pk=ab5ce197-c1fb-4d8e…> By Aislinn Keely Sen. Cynthia Lummis, R-Wyo., crypto industry groups and veteran appellate attorney Paul Clement have told a California federal judge in a series of amici briefs that the U.S. Securities and Exchange Commission's suit against crypto exchange Kraken expands the definition of investment contract beyond what Congress intended and overreaches its authority to issues lawmakers intend to address. 4 documents attached | Read full article » <https://www.law360.com/compliance/articles/1807873?nl_pk=ab5ce197-c1fb-4d8e…> | Save to favorites » <https://www.law360.com/compliance/articles/1807873?nl_pk=ab5ce197-c1fb-4d8e…>

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Wells Fargo Trying To Paper Over Sham Sign-Ups, Suit Says
by Gunnar Larson 01 Mar '24

01 Mar '24

Wells Fargo Trying To Paper Over Sham Sign-Ups, Suit Says <https://www.law360.com/banking/articles/1808423?nl_pk=feb6bbba-7878-4d39-be…> By Jon Hill Wells Fargo was hit Thursday in San Francisco federal court with a class action complaint that alleges the bank surreptitiously enrolled consumers in unwanted account products for years, and is now trying to buy them off on the cheap with murky offers of compensation. Complaint attached | Read full article » <https://www.law360.com/banking/articles/1808423?nl_pk=feb6bbba-7878-4d39-be…> | Save to favorites » <https://www.law360.com/banking/articles/1808423?nl_pk=feb6bbba-7878-4d39-be…>

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Don't Trust Trump, Carroll Says, Fighting Pause Of $83M Win
by Gunnar Larson 01 Mar '24

01 Mar '24

Don't Trust Trump, Carroll Says, Fighting Pause Of $83M Win <https://www.law360.com/newyork/articles/1808518?nl_pk=ac5a3855-e47c-4403-be…> By Henrik Nilsson Writer E. Jean Carroll urged a New York federal judge on Thursday to reject Donald Trump's effort to pause enforcement of an $83.3 million award in her defamation suit, saying the former president is asking the court to trust that the "least trustworthy of borrowers" is good for the money. Memorandum attached | Read full article » <https://www.law360.com/newyork/articles/1808518?nl_pk=ac5a3855-e47c-4403-be…> | Save to favorites » <https://www.law360.com/newyork/articles/1808518?nl_pk=ac5a3855-e47c-4403-be…>

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Stolen Funds Render FTX Clawback Moot, Embed Parties Say
by Gunnar Larson 01 Mar '24

01 Mar '24

Stolen Funds Render FTX Clawback Moot, Embed Parties Say <https://www.law360.com/capitalmarkets/articles/1808280?nl_pk=abe82add-2a33-…> By Vince Sullivan Parties associated with stock trading platform Embed Financial Technologies told a Delaware bankruptcy judge Thursday that defunct cryptocurrency exchange FTX Trading Ltd. can't claw back $240 million from a prepetition acquisition because the funds used to buy Embed were stolen from FTX customers. Motion attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1808280?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1808280?nl_pk=abe82add-2a33-…>

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Celsius Floats Fix For Customers' 'Devastating' Ballot Blunder
by Gunnar Larson 01 Mar '24

01 Mar '24

Celsius Floats Fix For Customers' 'Devastating' Ballot Blunder <https://www.law360.com/capitalmarkets/articles/1808289?nl_pk=abe82add-2a33-…> By Alex Wittenberg Hundreds of Celsius Network customers who mistakenly elected to receive a reduced payout for their cryptocurrency claims would get a chance to correct their "devastating" error under a plan filed by the crypto company in New York bankruptcy court. 2 documents attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1808289?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1808289?nl_pk=abe82add-2a33-…>

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Discover Deal Prompts Dems To Seek Bank Merger Revamp
by Gunnar Larson 01 Mar '24

01 Mar '24

Discover Deal Prompts Dems To Seek Bank Merger Revamp <https://www.law360.com/capitalmarkets/articles/1807899?nl_pk=abe82add-2a33-…> By Courtney Buble Rep. Maxine Waters, D-Calif., the top Democrat on the House Financial Services Committee, and 15 other House Democrats are calling on federal bank regulators and the U.S. Department of Justice to quickly crack down on mergers in the wake of Capital One's recently announced $35.3 billion deal to acquire Discover Financial Services. Letter attached | Read full article » <https://www.law360.com/capitalmarkets/articles/1807899?nl_pk=abe82add-2a33-…> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/1807899?nl_pk=abe82add-2a33-…>

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The top two privacy blockchains
by pro2rat＠yahoo.com.au 01 Mar '24

01 Mar '24

And so as privacy coins rot down privacy networks lurch up. The top two privacy blockchains include Mina Protocol, with a 23.2% market share, and Oasis Network, with a 13.6% market share. CoinGecko noted that in January 2021, privacy coins had a 96.6% share of the crypto privacy market, amounting to a $4.62 billion market capitalization. Privacy-Security Conundrum In Blockchain While blockchain excels in security and transparency, it presents a unique challenge when it comes to privacy. The very transparency that makes blockchain so appealing can also be a double-edged sword. Balancing the need for privacy with the benefits of an open ledger is a critical issue in blockchain development. This challenge has led to the emergence of privacy-centric blockchains and cryptographic techniques aimed at reconciling these seemingly contradictory requirements. https://www.searchmyexpert.com/resources/blockchain-technology/privacy-secu…. Reposts not yet more Gunnar drivel from worlds biggest shithole country

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