Tag: Video

SEC’s Gensler says BTC, ETH ‘not securities’ in a newly surfaced video

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A newly surfaced video featuring Gary Gensler from 2018 has made the rounds on social media, showing the now-chair of the United States securities regulator agastating that multiple cryptocurrencies are “not securities.” On June 12 multiple Twitter accounts shared the video which is understood to come from a 2018 event hosted by Bloomberg for institutional investors. “Over 70% of the crypto market is Bitcoin, Ether, Litecoin, Bitcoin Cash. Why did I name those four? They’re not securities,” Gensler says in the video. Chair Gensler in 2018 at a Bloomberg conference in NYC:…

Web3 Browser Brave Introduces NFT-Gated Video Calls

The NFT-gated video calls will be available to all Brave Talk users having a premium subscription on any browser along with any Web3 wallet. Currently this feature is only compatible with Ethereum-based NFTs. Earlier this week on Tuesday, May 23, the Web3 browser Brave announced leveraging non-fungible tokens (NFTs) for introducing the facility of token-gated video calls into its user experience. The Brave browser will add this new tool to the existing Brave Talk video service and will allow hosts to use NFTs and POAPS in order to manage call…

Brave Browser Introduces NFT Tokengating For Video Calls

NFTs can also be used by hosts to “configure avatars, assign moderator permissions, and more.” When combined with Brave’s browser-native Brave Wallet, the tools “create the first-ever fully integrated Web3 live event platform, combining browser, wallet and video,” the company wrote in a blog post. Source

NFT Collection Deadfellaz Launches Streamingfellaz, a Video Utility Extension

Called Streamingfellaz, the tool will let Deadfellaz token holders, also known as The Horde, to utlize the collection’s intellectual property (IP) beyond the artwork itself. Holders can represent themselves as their Deadfellaz NFT on platforms including Google Meet, Twitch, Zoom and YouTube, tracking users’ movements and body language to bring their tokens to life on screen. Source

SEC’s Gary Gensler takes another swipe at crypto in educational video

Another swipe has been taken at the crypto industry by the chair of the United States securities regulator, who claimed many crypto platforms are operating in violation of securities laws. In an April 27 tweet, Securities and Exchange Commission (SEC) chair Gary Gensler shared a 4-minute video of himself describing crypto assets as “investment contracts” before calling on platforms that offer such products to register with the SEC to protect American investors. “An Investment contract exists when you invest money in a common enterprise with a reasonable expectation of profits,…

Coinbase execs respond to SEC’s Wells notice in person and on video

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Executives of cryptocurrency exchange Coinbase took their company’s regulatory issues to the public on April 27, with chief legal officer Paul Grewal speaking at Consensus 2023 and appearing with CEO Brian Armstrong in a video released on YouTube. The appeal was in response to a Wells notice received by the firm, a notification by the United States Securities and Exchange Commission (SEC) that it may intend to carry out enforcement actions against it. “Coinbase’s core commitment to regulatory compliance has never wavered,” Grewal said in the video, which was addressed…

US SEC’s Gary Gensler Releases Another Video Dig at Cryptocurrency Industry

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“The lack of compliance by these crypto platforms means that you don’t have basic investor protections,” Gensler said in his “Office Hours” video series. “These are things like rulebooks and surveillance to prevent fraud and manipulation. Or appropriate custody and segregation of customer assets so they don’t get misused or abused or simply become the property of the platform, especially if it goes into bankruptcy.” Source

Gary Gensler links crypto with cash in viral 2018 video — Crypto Twitter reacts

The crypto community is calling out the hypocrisy of Gary Gensler, the head of the United States securities regulator, after a 2018 video emerged of him stating that cryptocurrencies are on par with commodities or cash and are not securities. The video came from a “Blockchain and Money” class in the Fall Semester of 2018 taught by Gensler, a former professor at the Massachusetts Institute of Technology (MIT) before he became chair of the Securities and Exchange Commission (SEC). On the topic of initial coin offerings (ICOs), Gensler said that…

WEF’s promo video shows Bitcoin mining, but leaves out the B-word

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The World Economic Forum (WEF) showcased the facilities and tech employed by a cryptocurrency mining firm and implied its operations were the “biggest winner” for the environment — but it never actually said it was mining crypto. Published on April 20, the WEF video promoted efforts toward reducing flaring — where large amounts of gas from oil production or from decomposition are wasted — by the Colorado-based Bitcoin (BTC) miner Crusoe Energy Systems. Prominent imagery of what appear to be cryptocurrency mining facilities are presented throughout the video; however, the…

WEF’s promo video shows Bitcoin mining, but it leaves out the B-word

The World Economic Forum (WEF) showcased the facilities and tech employed by a cryptocurrency mining firm and implied its operations were the “biggest winner” for the environment — but it never actually said it was mining crypto. Published on April 20, the WEF video promoted efforts towards reducing flaring — where large amounts of gas from oil production or from decomposition are wasted — by the Colorado-based Bitcoin (BTC) miner Crusoe Energy Systems. Prominent imagery of what appear to be cryptocurrency mining facilities are presented throughout the video; however, the…