Sasha why NOT

Listen, interesting news has emerged — the U.S. Securities and Exchange Commission (SEC) seems to be optimistic about the possible approval of ETFs on Solana. It sounds serious, especially if you remember how long the crypto market has been waiting for similar decisions on both Bitcoin and Ethereum. Now it looks like it's SOL's turn.
What happened? Over the past year, several major players such as Grayscale, Bitwise and VanEck have applied to create ETFs based on Solana. Recently, the SEC even asked them to make changes to the documents — the S-1 forms — within a week. This usually happens when the regulator is ready to move on to a more serious consideration and clarifies exactly how the fund's shares will be placed and the staking income will be processed. This means that things are moving forward.
The SEC is expected to give its response within 4-5 weeks. That is, if everything goes smoothly, ETFs on Solana can be approved as early as July or early August.
While discussions are underway, the market has already reacted: the volume of open interest in derivatives on SOL has grown to $ 7.35 billion, which is a billion more than a week ago. And over the past 24 hours, open interest in options has jumped by almost 19%! This suggests that traders are actively starting to speculate on the background of a possible approval.
Even the SOL price has noticeably perked up. Over the past six days, the asset has risen in price by 13%, from 141 to almost 165 dollars. But, as always in the crypt, not everything is so clear. Let's recall Ethereum: when its ETF was approved, the price initially rose, but soon sank — a typical "buy rumors, sell news" scenario.
Now everyone is wondering: will the approval of the Solana ETF become a take-off point, or will the market react the other way around, as it has already happened?
All this is happening against the background of the fact that the US government is actively discussing the regulation of stablecoins and digital assets. And in 2024, Solana showed excellent technical results — speed, stability, and scalability. If institutions really start entering Solana through ETFs, this can lead to a strong influx of liquidity and strong growth.
But you also understand that so far everything is at the level of expectations. The market likes to exaggerate.
So, the question is: if the SEC really approves the Solana ETF in July, would you buy SOL now or would you wait for the market reaction?
#SolanaETF #solana $SOL #CryptoNewss #SEC

Listen, an interesting thing: the developers of the XRP Ledger, a blockchain that is closely related to Ripple and is used mainly for fast and cheap international payments, are going to make it compatible with Ethereum. How? They plan to launch a sidechain with support for the Ethereum Virtual Machine (EVM) in the second quarter of this year.
To put it simply, EVM is the kind of thing that runs most smart contracts in the Ethereum ecosystem. The XRP Ledger currently supports its smart contracts, but they are incompatible with Ethereum applications. And if you launch a sidechain with EVM, then developers from the Ethereum environment will be able to easily launch their dApps (decentralized applications) based on XRPL. This can greatly expand the XRP ecosystem.
Ripple is doing the project together with Peersyst, and they use evmOS as a technological base. The sidechain is already working in test mode, and if everything goes smoothly — after all checks and approvals with validators — it will become part of the main network very soon.
Important: This sidechain will be connected to the main XRPL via a bridge using Axelar. This will allow tokens to be transferred between networks, such as wrapped XRP, which will be used as a gas payment, like ETH on the Ethereum network.
By the way, there is also Flare Network, which also adds EVM functions for XRPL, but this sidechain is a separate initiative from Ripple, which makes everything especially interesting: it looks like they seriously want to expand their influence in the world of DeFi.
The question is, do you think they will be able to attract developers from Ethereum to their ecosystem, or have they joined the race too late?
$XRP $ETH #ETH #xrp #CryptoNewss #XRPledger #Ripple

Hey, did you hear the news? Charles Hoskinson and the Cardano team have just launched Cardinal, a protocol that allows bitcoin to be used in DeFi on Cardano without any centralized wrappers like wBTC! 🚀
What is it anyway?
Cardinal is a solution that makes it possible:
✅ Pledge BTC for loans and borrowings
✅ Farm liquidity with Bitcoin
✅ Trade BTC on Cardano's decentralized exchanges
And all this without trusting the custodians (unlike the same wBTC).
How does it work?
You "wrap" BTC through wrapped UTXO technology (this is not a token, but a special mechanism for working with bitcoin in Cardano).
You get access to DeFi applications (Minswap, SundaeSwap and others).
You can transfer BTC back to your native network at any time.
Why is this cool?
Security — MuSig2 (multi-signature) is used, not centralized storage.Decentralization — no intermediaries, only Cardano smart contracts.Compatibility — works with Ethereum, Solana and Avalanche.
And what about the ADA price?
After the announcement, ADA's trading volume jumped to $500M, and the exchange rate rose to $0.669. Plus, Cardano is now in the Nasdaq crypto index — the institutions are also interested.
What will happen next?
The team promises:
🔸 Support for ZK-proofs (for privacy).
🔸 Improved liquidity.
🔸 Integration with new wallets.
Conclusion
If everything goes according to plan, it could seriously change the DeFi landscape and give bitcoin a new lease of life in decentralized finance.
Do you think this is a really useful innovation or just another attempt to draw attention to Cardano?
#ADA $ADA #defi #bitcoin #Cardano #CryptoNewss $BTC

Hi! You've probably seen posts like "Urgent! Free tokens! Connect your wallet!" or received private messages with suspicious offers. These are traps. Hackers hack into accounts or create fakes to lure people out of cryptocurrency. Let's figure out how it works and how not to get caught.
How do scammers steal crypto through X?
Hacking verified accounts – hackers hijack profiles of famous people or companies and publish fake giveaways.Fake airdrops – they promise "free tokens", but the link leads to a phishing site.Fake smart contracts – they ask you to "confirm the transaction", but in fact they give you access to your wallet.False urgency – "Make it in 5 minutes!" so that you don't have time to check the information.
Real-world examples
May 2025: The account of a WIRED journalist was hacked and the scam token $WIRED was promoted through Pump.fun. People have lost thousands of dollars.
February 2025: Hackers hacked the Pump account.fun and advertised the fake $PUMP token.
September 2024: The fraudulent World Liberty Financial project was distributed through the accounts of Tiffany and Lara Trump.
How to detect deception?
✅ Check the URL – scammers change the letters in the address (for example, Віпапсе.сом instead of Binance.com ).
✅ Look at the account – new profile? No check box? Strange posts? This is a red flag.
✅ Don't trust the urgency – real projects don't push: "Hurry up, otherwise you'll miss it!" = scam.
✅ Read the comments – if bots write "I got tokens!" under a post, it's fake.
✅ Do not connect your wallet to questionable sites, even if it looks like a real one.
How to protect yourself?
🔒 Turn on 2FA to prevent hackers from hacking your account.
💡 Split wallets – one for transactions, the other for storage (so there is less risk).
🚫 Do not follow links in private messages – especially if they were sent by "support" or "admin".
📢 Report a scam – if you see a suspicious post, complain about it.
Have you ever encountered such scams? How would I check a suspicious "giveaway" post?
#X #CryptoNewss #crypto

Listen, I recently came across an interesting topic about Ethereum and privacy — I think you will understand and be curious, especially if you are interested in blockchain and how it can fit into laws such as the European GDPR.
Ethereum has such a task — to remain decentralized and public, but at the same time not to violate the confidentiality of user data. In Europe, there is a fairly strict regulation on the protection of personal data — GDPR. And so one of the members of the Ethereum community, Eugenio Reggianini, proposed a strategy on how to combine this.
The idea is to use a modular architecture. This means that different parts of the system will perform different data storage and processing tasks. For example, personal data will not enter the blockchain directly — it will remain on the user's side, in his wallet or DApp. And only encrypted or anonymous pieces of data will be used on the blockchain itself, and only temporarily.
At the same time, Ethereum will use all kinds of advanced privacy technologies — PETs (Privacy-Enhancing Technologies). This, for example:
Proto-danksharding is a technology that limits the lifetime of large chunks of data to 18 days.
zk-SNARKs — allows you to verify transactions without disclosing the data itself.
Homomorphic encryption, multiparty computing (MPC), and reliable runtime environments (TEEs) all help you work with data without violating its privacy.
PBS (separation of developers and customers) and PeerDAS provide anonymity and minimize data storage.
In short, the idea is to spread responsibility: someone will process the data, someone will just confirm that everything is correct, and someone will temporarily store it in encrypted form. Due to this, most of the Ethereum network will not fall under the strict GDPR rules, and all responsibility will focus only on the application layers (wallets, dApps).
But there is a caveat. For all of this to work, developers and users need to really start using this architecture. Plus, we have yet to reach an agreement with European regulators so that they recognize this as GDPR compliant.
What do you think: is it really possible to rebuild the public blockchain in such a way that it becomes truly compatible with privacy laws?
$ETH #ETH #Ethereum #etherreum #CryptoNewss

Vitalik Buterin, one of the creators of Ethereum, shared an interesting idea about how artificial intelligence can be useful in training and professional activities. He noted that the importance of AI directly depends on how well we already understand a certain area. Where we have solid knowledge, AI can only help a little. But where experience is lacking, this technology becomes an indispensable assistant.
Buterin told how he himself used AI in those cases when faced with new, unfamiliar tasks. For example, when he started to understand the development of Android applications, it was a completely new experience for him. AI helped him to assimilate information faster and solve problems that seemed difficult. The situation was similar with the Linux architecture, where AI has become an excellent tool for understanding seemingly complex aspects of this system.
Interestingly, Vitalik emphasizes that AI should not replace experts or specialists. On the contrary, its main value is to stimulate interest, facilitate learning, and close knowledge gaps. AI helps us explore new horizons where we encounter a lack of information, but its role is limited in more familiar areas.
This is the view of AI: not as a substitute, but as an assistant who helps people move on, especially when knowledge is lacking. Have you ever wondered how AI could speed up your own learning process?
#VitalikButerin #Aİ #AI #ArtificialInteligence

Hey guys!
You know how we used to joke that robots would one day take away everyone's jobs? So, this is not a joke anymore. And the most unexpected thing is that they came not to those who work with their hands, but to those who sit in the office.
Here's what's happened in recent months:
Microsoft fired more than 6,000 programmers, and AI is now writing code instead. IBM is minus thousands of people in HR departments. Meta — minus 3,600 employees. Companies openly declare that it is easier and cheaper for them to automate processes using neural networks than to pay salaries to people. And this is just the beginning.
Even the largest corporations like Starbucks or Procter & Gamble is talking about mass layoffs. Why? Because AI is able to do routine and even analytical work faster and cheaper.
You could say, "Well, AI isn't human yet, it's far from being truly intelligent!"
Yes, but here's the thing. Many experts, including Dario Amodei (Anthropic) and Ray Kurzweil (Google), believe that the so—called AGI (general artificial intelligence that can think like a human) is only 2-5 years away. And then a transition to superintelligence is possible, capable of programming, designing chips, making decisions, and even governing states.
But even without AGI, AI is already pushing people out of their jobs. The professions that suffer most are those related to cognitive work: lawyers, marketers, programmers, financial analysts, technical support staff, and content creators. Everything that can be automated will be automated.
Now imagine: graduates of IT faculties in 2025 face unemployment twice as often as humanities students. An absurdity? A little bit. But this is a fact from the report of the Federal Reserve Bank of New York.
The irony is that for now, blue—collar workers like plumbers or electricians remain in their places - because robots still can't get under the sink or fix the outlet. But it is becoming increasingly difficult for office workers with diplomas to stay afloat.
Of course, one can hope that new professions will appear, as has always been the case with technological revolutions. But the trouble is: the speed of change is now such that we simply do not have time to adapt.
The AI doesn't wait. He's already sitting at the next table.
That's what I think, buddy.:
Are you ready for the fact that your colleague may be replaced by a car tomorrow — and the day after tomorrow, perhaps, by you?
#AI #Aİ #ArtificialInteligence

Listen, friend, I want to tell you what is happening with Ethereum after its last major update called Pectra. It came into force a month ago, and since then the Ethereum ecosystem has begun to change noticeably — not only for the better, but also with nuances that not everyone is talking about.
What is Pectra and why is it needed?
The main innovation is the support of BLOB objects. To put it simply, blobs are temporary containers for storing large amounts of data. They don't hang in the blockchain forever, but are needed to temporarily and quickly transfer information. This is especially important for so-called rollup networks, secondary networks built on top of Ethereum (such as Arbitrum, Optimism, or Base) that process a bunch of transactions cheaply and quickly, and then transfer compressed information to the main blockchain.
With the addition of blobs, these rollup networks began to pay almost zero for data storage, which means that the fees for ordinary users decreased significantly.
Everything has become faster and cheaper
A week after the activation of Pectra, transactions in rollup networks began to cost less than one tenth of a cent. For comparison, it used to be thousands of dollars a day just for one network.
Analyst Zak Pokorny compared the expenses before and after: before it was about $16,000 a day, but now it's literally a dollar and a dime. All this is thanks to a part of the update called EIP-7691, which allowed more data to be crammed into Ethereum blocks.
As a result, the number of daily block purchases increased to 25,600, and the number of used blob addresses increased by 33% compared to the beginning of May. The network began to work as a truly scalable mechanism.
But the validators are suffering now.
There is also a downside. An increase in data volumes = an increase in the load on those who support the validator network. These are the ones who stake (lock) their ETH and verify transactions. Now they have to process much more data, which means they need more powerful equipment and more costs.
Small validators do not always cope, and in order not to be fined, they began to team up with large operators. This is logical, but not without consequences. If there are more and more large validators, and small ones give up, there is a risk of centralization: several large players will begin to control the network.
Although Blockscout's Skladchikova says it can even improve decentralization if done right. It's a controversial point, really.
ETH has increased in price, but for how long?
Against the background of all these improvements, the price of ETH also jumped, from $1,800 to $2,800 in May. It has now adjusted to $2,510, but it is still +27% per month. People believe in renewal, and the market shows it.
$ETH #ETH #Ethereum #pectra #CryptoNewss

Think about it, Elon Musk has stirred up the information space again, and this time it's not about a rocket or an electric car. His company X (formerly Twitter) has announced that it is joining forces with Polymarket, a prediction platform where people place bets on the outcome of events using cryptocurrency. This could be X's biggest entry into the crypto world to date.
What's going on anyway?
Polymarket is a place where users can bet money (in the crypt, of course) on whether some event will happen. For example, whether Trump will win the election or whether it will rain at the inauguration. The main thing is not just to "play guessing games", but to place bets supported by facts and analysis. Musk has long said that such markets provide more accurate forecasts than surveys, because there is real money at stake. And when people are motivated to be right, they try harder.
Now add to this xAI's Grok AI, which is integrated into X and analyzes huge amounts of information in real time. Polymarket is going to use Grok and posts in X in order to annotate its markets — in other words, add relevant data and analytics to them directly on the platform. This can take the quality of forecasts to a whole new level.
What's behind this?
Polymarket is growing rapidly: in April, more than 7,000 new markets appeared on the platform, which is a record. Although the total number of active addresses has decreased slightly, this may mean that users are becoming more professional and "focused" — fewer random bets, more sense.
And that's when Musk comes into play. It is not yet clear how deeply X will integrate with Polymarket. But knowing Musk, unexpected turns can be expected — especially considering the launch of the X Money service, which should simplify transfers and possibly push the platform to fully switch to crypto.
So it turns out an interesting picture: Elon Musk, Polymarket, Grok AI and cryptocurrency are all combined into a potentially new ecosystem where forecasts, money and information work together. This can not only change how we follow the news, but also how we participate in it — with a personal financial interest.
What do you think: is this the future of predictions and analytics, or just another hype experiment by Musk?
#ElonMusk #Polymarket #CryptoNewss #X #cryptocurreny

You probably think that cryptocurrencies are falling only because of inflation, new laws or hacks. But it's not. The other day, something absurd happened, but absolutely real: due to a public quarrel between Elon Musk and Donald Trump, the crypto market literally collapsed, and traders lost almost a billion dollars in just a few hours.
It all started with the fact that Trump began to praise his bill, and Musk decided to participate in the discussion, but, as usual, did not limit himself to one remark. He accused Trump of ingratitude and even casually mentioned the Epstein case. Trump's response didn't take long either: he called Musk "crazy" and promised to review all his companies' contracts with the government. The verbal exchange moved from Twitter (now X) and Truth Social to the headlines of all major media outlets.
But while social media was enjoying the show, the markets began to sink. Tesla shares fell by 14%, and this was the first domino. The entire crypto market followed: Bitcoin dropped below $101,000, Ethereum fell by 7%, and Dogecoin (which used to fly up after Musk's tweets) collapsed by almost 10%. Almost a billion dollars in leveraged positions were liquidated, and most of these losses fell on those who bet on growth.
Bybit and Binance suffered the biggest losses, with Bybit alone having $354 million liquidated. Altcoins and meme tokens such as Solana, PEPE, and DOGE lost more than the rest. It was especially painful for those who kept DOGE — as if Musk's tweets were the only thing keeping him afloat.
Glassnode and other analysts noted that some of the long-term holders started taking profits even before this crisis. But this conflict increased the outflow of investments — $ 278 million was withdrawn from the bitcoin ETF. Even MicroStrategy, known for its large purchases of BTC, remained on the sidelines. Fear in the market was growing — the greed and fear index went into the red zone.
And so we are faced with the question: to what extent does the cryptocurrency market depend not on technology or economics, but on the emotions and ambitions of influential people?
What do you think: Was this the bottom, or just the beginning of an era where political squabbles are stronger than any charts and fundamental data?
#DonaldTrump #ElonMusk #CryptoNewss #altcoins

Look, consider this: major tech giants like Apple, X (formerly Twitter), Google, Airbnb, and even Uber have begun negotiating with crypto companies. And for a reason — they are seriously studying how to integrate stablecoins (digital currencies pegged to the dollar or another stable currency) into their services.
Why would they do that? It's simple: stablecoins allow you to transfer money quickly and cheaply around the world — without bank fees and delays. This is especially true if, for example, you are an Airbnb and you pay money to hosts in dozens of countries or you want to transfer 10 bucks to a friend in the USA from Europe — instantly and without hidden fees.
That's what's going on.:
Google Cloud already accepts payments in stablecoins from some customers. The head of Web3 calls this “the largest payment update since SWIFT.”
Elon Musk's X is working on the X Money product with Visa — the idea is to combine debit cards with cryptocurrencies. According to rumors, they are also negotiating with Stripe on the introduction of stablecoins.
Apple is not far behind either. Since the beginning of the year, they have been discussing with Circle (which issues the USDC) the possibility of including stablecoins in their payment system, possibly in Apple Pay.
Airbnb has been exploring implementation since January, in collaboration with the Worldpay payment system.
Facebook Instagram Meta has once again taken up the idea of international payments through stablecoins, especially to pay content creators on Instagram.
Uber is still exploring the idea, but their CEO has already said that they will open up to crypto if it is really convenient for users.
Interestingly, all this began to move faster after the Trump administration outlined a course towards a more loyal crypto policy, and the GENIUS law is being discussed in Congress — it should prescribe clear rules for working with stablecoins.
While some companies are just thinking, others are already testing. And if everything goes according to plan, in the next year or two we may see how familiar services like Google Pay, Instagram or Uber will start accepting digital dollars — quickly, conveniently, without banks.
Now I have a question for you, as a friend.:
Would you use stablecoins if they were supported by Apple Pay or Google Pay? Or do you trust only the usual cards?
#Stablecoins #CryptoNewss #Apple #Google #X

Listen, interesting news from the world of Ethereum. The Ethereum Foundation, an organization that supports the development of this blockchain platform, has decided to rethink its approach to finance. They have introduced new treasury management rules to better control how resources are spent and ensure stability over the next 18 months, which they say will be a crucial period for the entire network.
What has changed? Now they will more tightly link daily expenses to how many assets they have and how much ether (their cryptocurrencies) they have they sell. It's kind of like a family budget: you don't spend more than you earn, especially if you know that important events are ahead.
In addition, they plan to review every year how much they spend on operations — and do it for a reason, but taking into account the market situation and the opinion of the Ethereum community. That is, they want to become more open and flexible, responding to changes and maintaining resilience.
One of the fund's directors, Xiao-Wei Wang, even noted that they have about 2.5 years of financial cushion, and the next year and a half are especially critical — we need to set priorities correctly and invest in what will really strengthen the Ethereum ecosystem.
They also promised to publish detailed reports — quarterly and yearly — on how they allocate funds, how investments work, and what their plans are. This is a step towards greater transparency, especially against the background of community pressure and interest in how they manage money.
In fact, they want to set an example for other decentralized organizations.: how can you manage finances wisely and responsibly, without losing trust and supporting the development of technology?
So I'm thinking: is this transition to strict financial discipline more about protecting against risk, or is it about laying the foundation for the next leap in the development of Ethereum? What do you think?
$ETH #ETH #Ethereum #EthereumFoundation #CryptoNewss

Google has released the AI Edge Gallery application, which allows you to use artificial intelligence directly on your smartphone, without the Internet and without transferring data to the cloud. With this application, you can perform tasks such as image analysis or text creation using only your device's hardware resources.
What does this mean?
Privacy: All calculations take place on the device, and your data does not leave the phone. This is an ideal solution for those who work with confidential information.
Offline: No need to be connected to the internet. AI works even in remote locations or while traveling.
Savings: The app does not require subscriptions and does not consume quotas. Everything runs on your phone's computing power, which is especially useful for small businesses and hobbyists.
How does the app work?
AI Edge Gallery works with Google Gemma 3n models that are downloaded to your phone. These models autonomously perform tasks using the knowledge they gained before graduation. Models can take up from 554 MB to 4.4 GB, depending on the size.
When the model is loaded, it does not require additional data and can execute queries directly on the device. At the same time, the results are not always lightning-fast, but they are quite acceptable for basic tasks.
What are the disadvantages?
Limited model support: The application only supports the format.task, which limits the choice of available models.
Battery load: Models, especially larger ones, require a lot of computing resources, which can quickly drain the battery.
Lower power compared to cloud solutions: For more complex tasks, it is better to use cloud services.
Is it worth using?
If privacy and the ability to work offline are important to you, this app can be a useful tool. However, for more complex tasks and faster performance, cloud services such as ChatGPT are still the preferred choice.
Which is more important to you: autonomy and privacy or the power of cloud AI?
#AI #Google #ArtificialInteligence #Aİ

Think about it, do you remember that dinner for TRUMP cryptomoney fans that took place in May 2025 at the Trump Golf Club in Washington? So, everyone who got there (and these were 220 of the most loyal token holders) was given special NFTs for free. And not only them, even those who just registered but didn't get to dinner also got their piece of blockchain memory.
There were three types of NFTs:
Power to the Holders — went to more than 1,000 people who just registered. It currently costs about $1,200.
Gold Gala Dinner — it was given to 219 addresses of those who actually attended the dinner. The minimum price for such an NFT is currently $7,700.
Diamond Hands are the rarest, with 118 pieces in total. It was given only to those who have been holding their TRUMP tokens all this time. One of them has already been sold for $16,000.
At the same time, the NFTs themselves do not carry any utilitarian benefits — they do not give access, discounts or rights. They're just "collectibles dedicated to the cryptographer president," as the official TRUMP meme coin account put it.
Interestingly, some people, like Morten Christensen, specifically bought tokens to get to dinner, and then sold them and did not receive the rarest NFT. That is, those who actually held the tokens until the end were the winners.
But then the question arises: if these NFTs don't affect anything, why do they cost so much money? Is it just hype around Trump's name, or do people really believe in the value of "historical artifacts"?
#DonaldTrump #NFT​ #TRUMP #NFTs

The recent scandal involving the leakage of personal data of users of the Coinbase cryptocurrency exchange once again raises questions about the need for strict identity verification procedures, such as "Know Your Customer" (KYC). In December 2024, it became known that the attackers had managed to bribe Coinbase support service agents and gain access to the personal data of 70,000 users. The compromised data includes photos of identity cards, home addresses, and other sensitive information. But how does this leak highlight the weaknesses of KYC, and what does this mean for the future of cryptocurrency platforms?
Protection or threat?
When we talk about KYC, the fight against money laundering, fraud and terrorist financing immediately comes to mind. However, for ordinary users, KYC often becomes just an obstacle that needs to be overcome in order to start trading cryptocurrencies. Exchanges collect information like passport data, selfies with ID cards, and utility bills. This looks like an important step to ensure security, but real practice shows that the system does not protect users that much.
A developer under the pseudonym Bantag, commenting on the situation, said that KYC, in fact, only contributes to the growth of crime. After all, hackers, using fake documents, easily bypass the system, and real users become vulnerable. For example, one of the hackers showed how artificial intelligence can be used to create fake passports and pass KYC on a cryptocurrency exchange. The situation with the data leak at Coinbase, when hackers were able to gain access to personal information through bribing exchange employees, only confirms these concerns.
The problem of traditional verification
KYC as a process has existed since the 1970s, when it was introduced in the United States to combat money laundering and terrorist financing. However, this solution seems outdated for cryptocurrencies. As a result, cryptocurrency exchanges are forced to collect huge amounts of user data, which increases the risk of leaks, as we saw in the case of Coinbase.
What about new technologies? In recent years, alternatives such as zero-knowledge proof (ZK) have been actively discussed. This technology allows you to prove that the information is correct without revealing it. Imagine that once you have verified your identity, you could use it on all platforms without going through repeated verification. According to experts, this could significantly increase the level of user privacy, but, unfortunately, such solutions are not yet so accessible due to the high cost and technical complexity.
The way forward
The problem is that even if KYC causes discontent among users, it will not disappear in the near future. "Without KYC, cryptocurrency risks becoming a tool for any crimes," warns Ilya Kolochenko, a cybersecurity expert. KYC-related problems cannot be solved instantly, especially when it comes to international regulations that require data collection.
At the same time, many platforms are already starting to look for solutions that can improve user privacy while complying with the requirements of the law. ZK technology, which could potentially be an important step in the future, promises to preserve privacy and reduce the risks of data leaks. But for now, its mass implementation remains a matter of time and significant investment.
Conclusion: What can we do?
The data leak on Coinbase has called into question the security of traditional KYC verification, and many users are beginning to wonder more and more about how safe it is to transfer such sensitive data to centralized platforms. To what extent do you think KYC really protects users, rather than creating additional risks? And if so, how can this process be improved to maintain a balance between security and privacy?
#coinbase #CryptoNewss #kyc #crypto

Look, we've always associated blockchain with full access for everyone. If you have a wallet, you can participate anywhere. No one asks who you are, how old you are, or where you come from. But as soon as the crypt began to collide with the real world, uncomfortable questions arose: are you sure you're an adult? Aren't you from a sanctioned country? Are you even human?
And what's the result? Everyone followed the standard path: KYC, passport scans, fragile backends, and tons of user data that no one wants to store, but everyone has to for some reason. As a result, every Web3 project that just needs to check "if this person can come here" is forced to reinvent a bicycle with square wheels.
Now Solana offers a smarter solution — Solana Auth Service (SAS). This is an open protocol that allows you to create "stamps" — confirmed facts about you, linked to your wallet. It's like in a passport, only on the blockchain and without disclosing personal data.
How it works: verified organizations (KYC providers, DAOs, companies, and even states) issue statements, for example: "over 18 years old," "lives in the EU," "passed verification in such and such a DAO." These statements are signed, attached to the wallet, and then any dApps can quickly verify them without unnecessary questions.
At the same time, there is no personal information in the blockchain. Only signature, wallet, and approval. And all this — without servers, without user logic, without data collection. Just an SDK request, and you're done.
SAS gives you a bunch of advantages:
confirmed once, and you use it everywhere.;you can build a reputation on this, access to voting, even lending;stamps can appear not only from KYC, but also from the blockchain itself — for example, for activity in the DAO or participation in projects.;this whole system is open, meaning any project can start using it tomorrow.
Civic, Solid, RNS.IDs are already being implemented by SAS, and each in its own way: someone to verify users, someone to issue statuses, someone to build their own proof system.
And here's the thing: Solana, with its speed and scalability, is already the center of gravity for DeFi, DePIN, and Web3 games. And if you want to reach billions of new users, you will have to take into account the requirements of the real world — but without selling your soul to centralized systems. SAS is just about that.
This is the question at the end:
If your wallet could verify the necessary data on its own without revealing your identity, would you use it?
#solana $SOL #CryptoNewss #kyc #sol

Listen, imagine, the U.S. Securities and Exchange Commission (SEC), the most important financial regulator that usually strictly monitors the markets, suddenly caused a wave of criticism because of its new position on cryptostaking. This is when holders of cryptocurrencies such as Ethereum "freeze" their coins on the network and receive a reward for this — as a percentage for a bank deposit, only on the blockchain.
On May 29, the SEC issued new guidance stating that some staking programs may not be considered securities. In other words, not all cryptocurrency projects are required to register with the regulator, as it was before. At first glance, this is a step towards the crypto industry, but it's not that simple.
Former SEC official John Reed Stark immediately criticized the decision, saying it contradicted court rulings in cases against Binance and Coinbase. Previously, the courts recognized that staking products are securities after all. And now the SEC seems to be saying the opposite — it looks like a rejection of its own principles and judicial arguments. Stark even said that "this is how the SEC is dying—in full view of everyone."
Other officials, including Commissioner Caroline Crenshaw, are also at a loss. She stated bluntly: This does not comply with either the law or the practice of the courts. She worries that the SEC is changing its approach to cryptocurrencies on the go, "until it works out." For example, in some cases, Ethereum is considered a security, in others it is not. How is it possible to understand what is possible and what is not?
By the way, the SEC recently dropped several lawsuits against crypto exchanges and even began holding round tables with market participants. Maybe they really want to clean up the mess? But so far it looks like they're just retreating under pressure.
Commissioner Hester Pierce, in response to criticism, said that it is not the token itself that matters, but how it is sold. That is, the token may be "not a security," but a deal with it is already a yes. That's not very clear either, is it?
So I have a question for you, friend:
Do you think the SEC really wants to adapt to new technologies, or is it just confused and no longer knows how to act in the world of cryptocurrencies?
#SEC #CryptoNewss #CryptoStaking #crypto