Tason

@tasonfury

197 Following

54 Followers

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Detroit city officials revealed on Thursday that it will become the largest city in the U.S. to accept cryptocurrency payments. Starting mid-2025, residents will be able to pay taxes and other city fees through a secure platform operated by PayPal.

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Circle, a stablecoin issuer, has signed (https://circle.com/pressroom/circle-and-hkt-to-explore-customer-loyalty-solution-in-hong-kong) a memorandum of understanding (MOU) with Hong Kong Telecom (HKT), Hong Kong’s largest telecommunications company. The partnership will explore opportunities for creating a blockchain-based customer loyalty solution aimed at supporting merchants in Hong Kong.

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The CEO of Pudgy Penguins stated that he is not concerned about the actions taken by the SEC against the NFT industry.

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The U.S. Federal Reserve has lowered its benchmark interest rate by 50 basis points for the first time since 2020, from 5.25-5.5% to 4.75-5%.

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The spam filtering dilemma Sharing how we think about it so people can better understand: 1. Most people will only use social networks if they are fun 2. Casting something and getting dozens of spammy replies is not fun 3. If you get enough spammy replies, you'll just stop using the app 4. So, aggressively filtering for spam is necessary to keep your existing users happy 5. However, this means some good new users will hit spam filters. Understatement: this is a bad user experience for those people. It would be great to not have this happen. 6. But given the choice of who to make unhappy — an existing user who has invested a ton of time and energy into the network or a new user that is most likely to churn (top tier social networks lose 50% of users!), then you have to optimize for your existing users. 7. So does that mean you don’t care about new users? No! It’s existential to have new users be able to join Farcaster and find people to connect with — without being labeled as spam. 1/2

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Jake Chervinsky

The SEC sank to new lows yesterday. Since day one, the SEC has said tokens *are* securities, even though that makes no sense as a matter of law. Yesterday in the Binance case, they finally admit that's wrong — and gaslight a federal court about YEARS of their own arguments 🤯 h/t @iampaulgrewal for posting on X:

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@randomerror.eth

who's the biggest Trump Derangement Syndrome on this app? and who's the biggest open Trump supporter?

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Stand With Crypto, a political advocacy group led by Coinbase, has launched a $6 million legal defense fund aimed at supporting NFT projects. The fund, called the Creator Legal Defense Fund, is backed by a16z and OpenSea. This initiative comes after OpenSea received a Wells notice from the U.S. SEC last month.

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ted (not lasso)

my two cents and in-good-faith interpretation of "not enough interesting content": @dwr.eth DOES NOT mean that current users aren't interesting enough @dwr.eth DOES mean that there are not enough of us so that the supply of interesting content on warpcast simply cannot compete with the supply on other platforms

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The TON Foundation has allocated an additional $24 million to support the development of DeFi projects within the TON ecosystem.

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Minted it's september

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Pavel Durov, the founder of Telegram, has been released. Prosecutors have stated that the founder of Telegram has been transferred from police custody to court, and the outcome of the case remains uncertain.

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hihi @betashop.eth @airstack.eth! I'd like to auction my Fan Tokens on Farcaster! @moxie.eth

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hihi, see today's Trending Farcaster Fan Tokens powered by @moxie.eth! cc @betashop.eth @airstack.eth

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Just found out my Farcaster personality—what do you think? Check yours next! Frame by @missangel

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https://farcaster-personality.farcasterpicker.xyz/

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