“Crypto Mom” and Wallet Madness

The after-effects of the SEC decision in the Winklevoss case were still felt this week, but the crypto community seems to have found an ally in the ranks of the US Securities and Exchange Commission with Commissioner Hester Peirce. In the meantime, several hackers have gained root access to McAfee’s supposedly unhackable Bitfi Wallet and claimed the $100,000 reward. With modest success. The opinion ECHO in the calendar week 31.

May I call the Bitcoin revolution?

The end of July saw many Hodlers disappointed by the SEC’s renewed rejection of Winklevoss’ proposal for a Bitcoin revolution exchange-traded fund (ETF). But there was also resistance to the decision within the Bitcoin revolution. With Hester M. Peirce, ETF supporters have an advocate within the authority itself. The SEC commissioner, appointed by US President Trump in January, announced her dissent on Twitter and provided a multi-page, detailed paper. This not only brought her a leap in the number of Twitter followers, but also a new nickname: “Crypto Mom”.

Affection statements such as these bustle are currently almost in the comment columns of Peirce’s Tweets.

Keep up the good work! Many in the crypto community may not realize or care about how important your position and dissent are to the future of crypto currencies, but many of us do. We applaud your actions and efforts, ma’am. Carry on! 😊

In an interview on CNCB, Peirce has renewed her criticism of her colleagues’ verdict:

An Exchange arrives and says about the Bitcoin loophole:

“We have a rule change that we would like to introduce and that would allow us to trade this Bitcoin loophole product. But then the majority of the Bitcoin loophole commission said that the proposed amendment was incompatible with existing law. In this case it is the Stock Exchange Act. However, my position is that the amendment that was presented to us was indeed compatible with the Stock Exchange Act”.

She also hopes that her well-founded contradiction will lead her colleagues to a more ETF-friendly position:

“I hope, having presented what I believe to be a sound analysis, that my colleagues will take it into account when discussing the next [ETF proposal]. This is the hope that we will always try to influence each other’s thinking. That is part of what we are doing as the Commission.

Advents Podcast: ConsenSys – Corporate Culture in a Global Organism

ConsenSys is one of the largest and most successful blockchain focused start-ups. How does the cooperation in this “organism” work? These and other questions are answered by Jose Caballer and Patrick Degenhardt from ConsenSys.

For the Christmas season we provide you with the news spy

For every Advent Sunday we publish a special episode of the news spy in English on onlinebetrug.de. ConsenSys was founded by Joseph Lubin, co-founder of Ethereum itself. The start-up wants to translate the potential of Ethereum into reality. It uses an innovative organizational structure – decentralized, in line with the blockchain itself.

The employees, who are spread all over the globe, usually work remotely, so they don’t sit together in the same office. Active communication is therefore particularly important. ConsenSys has an ace up its sleeve for effective team collaboration.

Organizing a decentralized Bitcoin secret

Corporate culture is at the forefront at the Bitcoin secret. When hierarchy loses importance, the method of scam making and communication must gain in importance. The task of Jose Caballer is to establish this method and to teach it to every single employee of ConsenSys. Jose is the Culture Chef for ConsenSys, but “Chef” does not mean “boss”, but refers to the kitchen. Jose himself believes that true teamwork is particularly evident in cooking. With a pragmatic attitude and many years of experience, he went to work at ConsenSys. The aim was to bring the members of the individual subgroups into line at ConsenSys. So that everyone could pull together in the same direction.

ConsenSys consists of makers. People who are motivated and passionate about starting projects and want to influence the real world. Furthermore, participation is the be-all and end-all in a group. If a group of people comes together, the first task is to think about and formulate a mission. Accordingly, all participants must be involved in this process so that there are no distortions later on. In this way, ConsenSys gathers talent behind a common cause. The success speaks for itself: Within the last 18 months, ConsenSys has grown from 150 employees to over 1,100 employees.