
NewStart☀️
2.8K posts

NewStart☀️
@crypto_compost
Financial freedom is my goal. Welcome to my FLARE FORCE account. No nonsense, factual as possible in my speculation, logic and deductions.☀️




Earlier today, the FAssets system was automatically paused following a security alert triggered by our monitoring partner, Hypernative. The pause was triggered as designed under existing configurations. Subsequent review, including analysis by Hypernative, confirmed that no risk materialized for FAssets and it was safe to unpause. No vulnerabilities were identified in the FAssets or FXRP contracts, and no user funds were affected. Following governance approval, the system has been safely unpaused and is now fully operational.

Trade copier for futures prop traders. Tradovate, Rithmic, TopstepX, dxFeed. TradingView webhooks. Low latency Chicago servers.





I asked GROK and it appears that Ripple may have already cleared the 20% threshold rule in the Clarity Act with the recent commodity designation.👇 GROK Answer; No, Ripple will not face a strict legal requirement to immediately reduce its XRP escrow holdings below the 20% threshold solely because of the CLARITY Act (if/when passed). However, the 20% supply concentration test plays a key role in determining whether XRP's underlying blockchain qualifies as a "mature blockchain system," which affects the ease of full commodity treatment, secondary trading rules, and transition from any lingering SEC oversight. congress.gov How the 20% Threshold Works in the CLARITY ActThe House-passed version of the bill (H.R. 3633) defines a "mature blockchain system" as one not controlled by any single person or group under common control. One explicit factor in assessing control (and thus maturity) is whether any entity holds 20% or more of the total units of the digital commodity. Other criteria include:The system being functional for its intended use (transactions, services, validation, or governance). Open-source code. Operation under pre-established, transparent, impartial rules. Issuers can file a certification of maturity with the SEC. The agency has a limited time (e.g., 60 days) to review or rebut it. Once certified as mature, the asset fully shifts (or stays) under CFTC jurisdiction as a digital commodity, with lighter ongoing obligations for secondary trading and stronger DeFi/self-custody protections. arnoldporter.com The 20% figure is not a hard cap that forces divestment or burning. It is part of a broader facts-and-circumstances analysis of "control." The Commission can set or adjust related percentages via rulemaking (within certain bounds, like 5–20% in some resale contexts for affiliated persons). There are also transition periods, safe harbors for projects building toward decentralization, and provisions for disclosures if maturity isn't achieved within set timeframes (e.g., 4 years for certain exemptions). congress.gov


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