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天天要开心

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- 天天要开心天天要开心
  ·2021-09-13
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- 天天要开心天天要开心
  ·2021-09-08
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  Apple to Hold Sept. 14 Event for New iPhone Line, Other Devices
  Updated phones will feature smaller notch and improved cameras Company to hold virtual event to show
  Apple to Hold Sept. 14 Event for New iPhone Line, Other Devices
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- 天天要开心天天要开心
  ·2021-08-17
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  @StreetCat：
  $SEMBCORP MARINE LTD(S51.SI)$ sg situation is improving very soon alot of workers should be returning. Let's hop for the best and Sembcorp Marine can turn this dire situation around. [微笑]
  $SEMBCORP MARINE LTD(S51.SI)$ sg situation is improving very soon alot of workers should be returning. Let's hop for the best and Sembcorp Marine can turn this dire situation around. [微笑]
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- 天天要开心天天要开心
  ·2021-08-08
  Pls like tq
  SEC Moves First DeFi Unregistered Securities Lawsuit
  The United States Securities and Exchange Commission sued the organization responsible for the development of a decentralized finance protocol over activities involved with the project for the first time.What Happened: According to a Friday SEC announcement, the agency has sued Cayman Islands-based Blockchain Credit Partners and two of its top executives over allegedly selling unregistered securities through its DeFi Money Market platform from February 2020 to February 2021. The firm purported
  SEC Moves First DeFi Unregistered Securities Lawsuit
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07:25","market":"us","language":"en","title":"Apple to Hold Sept. 14 Event for New iPhone Line, Other Devices","url":"https://stock-news.laohu8.com/highlight/detail?id=1180677223","media":"Bloomberg","summary":"Updated phones will feature smaller notch and improved cameras\nCompany to hold virtual event to show","content":"<ul>\n <li>Updated phones will feature smaller notch and improved cameras</li>\n <li>Company to hold virtual event to showcase latest hardware</li>\n</ul>\n<p>Apple Inc.&nbsp;has set the date for its biggest product launch of the year: Sept. 14. That’s when the company is set to unveil its latest line of iPhones and other products ahead of a critical holiday season.</p>\n<p>The presentation, which features the tag line “California streaming,” will take place at 10 a.m. Pacific time next Tuesday. Like all of Apple’s launches since 2020, the event will be held virtually due to the Covid-19 pandemic.</p>\n<p><img src=\"https://static.tigerbbs.com/41066bfafdd6b682c4449e5c0cbbdac0\" tg-width=\"883\" tg-height=\"833\" width=\"100%\" height=\"auto\"></p>\n<p>The Cupertino, California-based technology giant has been readying four new iPhones, as well as Apple Watches with larger screens,Bloomberg has reported. Apple has also been working on revamped entry-level AirPods earbuds and new MacBook Pros. Apple typically holds multiple launches in the fall, so not every new device for 2021 may appear next week. Last year, it held three events across two months.</p>\n<p>The fall product season is critical for Apple, with analysts estimating that the company will generate $120 billion in revenue during the holiday quarter. That would be an all-time record.</p>\n<p>The new iPhones are expected to have the same 5.4-inch, 6.1-inch and 6.7-inch screen sizes as last year’s iPhone 12, but the devices will include camera upgrades like a video version of Portrait mode, support for the higher-quality ProRes video recording resolution and more advanced filters system. Also coming to this year’s models are faster A15 processors, a smaller cutout at the top of the screen and display improvements like a faster refresh rate.</p>\n<p>Apple has also been planning a slew of satellite features for emergencies, such as a mechanism for reaching first-responder services and texting key contacts. While the new iPhone hardware may support the features, they aren’t expected to become available until sometime next year.</p>\n<p>The&nbsp;new Apple Watches&nbsp;will feature the first redesign to the product since the Series 4 in 2018. The new models will have flatter edges and displays, in addition to a&nbsp;sizable increase to the screen sizes. They’ll feature 41-millimeter and 45-millimeter cases, up from 40 and 44 millimeters.</p>\n<p>The larger model will also have a screen of about 1.9 inches diagonally, up from 1.78 inches. And it will include a faster processor and updated wireless technology. But the watches have faced production snags, which&nbsp;could result in shortages.</p>\n<p>Also coming this fall are the new MacBook Pros, iPads and AirPods. The MacBook Pros will be Apple’s first high-end computers to transition over to custom processors. And they’ll mark the first redesign to the MacBook Pro since 2016. The new models will include flatter edges and the removal of the Touch Bar strip on the keyboard. They also will offer MagSafe magnetic charging.</p>\n<p>The&nbsp;new AirPods will look similar&nbsp;to the AirPods Pro, but lack pricier features like noise cancellation. Apple hasn’t refreshed the entry-level earbuds since early 2019, but it released AirPods Max headphones last December.</p>\n<p>The company is&nbsp;planning two new iPads&nbsp;for this fall. First, an update to the base iPad geared toward schools. That version will get a faster processor and a thinner design. Second is the biggest overhaul to the iPad mini since the product first debuted in 2012. The new version will have a larger screen and thinner borders.</p>\n<p>Alongside the new hardware, Apple will also roll out the previously announced iOS and iPadOS 15, watchOS 8, tvOS 15 and macOS Monterey software updates. Apple typically gives release timing for those updates at these types of product launches.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple to Hold Sept. 14 Event for New iPhone Line, Other Devices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple to Hold Sept. 14 Event for New iPhone Line, Other Devices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-09-07/apple-to-hold-sept-14-event-for-new-iphone-line-other-devices><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Updated phones will feature smaller notch and improved cameras\nCompany to hold virtual event to showcase latest hardware\n\nApple Inc. has set the date for its biggest product launch of the year: Sept. ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-07/apple-to-hold-sept-14-event-for-new-iphone-line-other-devices\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-09-07/apple-to-hold-sept-14-event-for-new-iphone-line-other-devices","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180677223","content_text":"Updated phones will feature smaller notch and improved cameras\nCompany to hold virtual event to showcase latest hardware\n\nApple Inc. has set the date for its biggest product launch of the year: Sept. 14. That’s when the company is set to unveil its latest line of iPhones and other products ahead of a critical holiday season.\nThe presentation, which features the tag line “California streaming,” will take place at 10 a.m. Pacific time next Tuesday. Like all of Apple’s launches since 2020, the event will be held virtually due to the Covid-19 pandemic.\n\nThe Cupertino, California-based technology giant has been readying four new iPhones, as well as Apple Watches with larger screens,Bloomberg has reported. Apple has also been working on revamped entry-level AirPods earbuds and new MacBook Pros. Apple typically holds multiple launches in the fall, so not every new device for 2021 may appear next week. Last year, it held three events across two months.\nThe fall product season is critical for Apple, with analysts estimating that the company will generate $120 billion in revenue during the holiday quarter. That would be an all-time record.\nThe new iPhones are expected to have the same 5.4-inch, 6.1-inch and 6.7-inch screen sizes as last year’s iPhone 12, but the devices will include camera upgrades like a video version of Portrait mode, support for the higher-quality ProRes video recording resolution and more advanced filters system. Also coming to this year’s models are faster A15 processors, a smaller cutout at the top of the screen and display improvements like a faster refresh rate.\nApple has also been planning a slew of satellite features for emergencies, such as a mechanism for reaching first-responder services and texting key contacts. While the new iPhone hardware may support the features, they aren’t expected to become available until sometime next year.\nThe new Apple Watches will feature the first redesign to the product since the Series 4 in 2018. The new models will have flatter edges and displays, in addition to a sizable increase to the screen sizes. They’ll feature 41-millimeter and 45-millimeter cases, up from 40 and 44 millimeters.\nThe larger model will also have a screen of about 1.9 inches diagonally, up from 1.78 inches. And it will include a faster processor and updated wireless technology. But the watches have faced production snags, which could result in shortages.\nAlso coming this fall are the new MacBook Pros, iPads and AirPods. The MacBook Pros will be Apple’s first high-end computers to transition over to custom processors. And they’ll mark the first redesign to the MacBook Pro since 2016. The new models will include flatter edges and the removal of the Touch Bar strip on the keyboard. They also will offer MagSafe magnetic charging.\nThe new AirPods will look similar to the AirPods Pro, but lack pricier features like noise cancellation. Apple hasn’t refreshed the entry-level earbuds since early 2019, but it released AirPods Max headphones last December.\nThe company is planning two new iPads for this fall. First, an update to the base iPad geared toward schools. That version will get a faster processor and a thinner design. Second is the biggest overhaul to the iPad mini since the product first debuted in 2012. The new version will have a larger screen and thinner borders.\nAlongside the new hardware, Apple will also roll out the previously announced iOS and iPadOS 15, watchOS 8, tvOS 15 and macOS Monterey software updates. Apple typically gives release timing for those updates at these types of product launches.","news_type":1},"isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839752038,"gmtCreate":1629184509624,"gmtModify":1676529957689,"author":{"id":"4088481841193000","authorId":"4088481841193000","name":"天天要开心","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088481841193000","authorIdStr":"4088481841193000"},"themes":[],"htmlText":"Comment and like&nbsp;","listText":"Comment and like&nbsp;","text":"Comment and like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839752038","repostId":"830272116","repostType":1,"repost":{"id":830272116,"gmtCreate":1629078539835,"gmtModify":1676529922471,"author":{"id":"3578091555231876","authorId":"3578091555231876","name":"StreetCat","avatar":"https://community-static.tradeup.com/news/10240289f5373e15472b574f0d2f37a8","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3578091555231876","authorIdStr":"3578091555231876"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/S51.SI\">$SEMBCORP MARINE LTD(S51.SI)$</a>&nbsp;sg situation is improving very soon alot of workers should be returning. Let's hop for the best and Sembcorp Marine can turn this dire situation around.&nbsp;[微笑]&nbsp;","listText":"<a href=\"https://laohu8.com/S/S51.SI\">$SEMBCORP MARINE LTD(S51.SI)$</a>&nbsp;sg situation is improving very soon alot of workers should be returning. Let's hop for the best and Sembcorp Marine can turn this dire situation around.&nbsp;[微笑]&nbsp;","text":"$SEMBCORP MARINE LTD(S51.SI)$ sg situation is improving very soon alot of workers should be returning. Let's hop for the best and Sembcorp Marine can turn this dire situation around. [微笑]","images":[],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/830272116","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":228,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891677356,"gmtCreate":1628389100075,"gmtModify":1703505679203,"author":{"id":"4088481841193000","authorId":"4088481841193000","name":"天天要开心","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088481841193000","authorIdStr":"4088481841193000"},"themes":[],"htmlText":"Pls like tq&nbsp;","listText":"Pls like tq&nbsp;","text":"Pls like tq","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/891677356","repostId":"1180529438","repostType":4,"repost":{"id":"1180529438","kind":"news","pubTimestamp":1628386129,"share":"https://ttm.financial/m/news/1180529438?lang=&edition=fundamental","pubTime":"2021-08-08 09:28","market":"us","language":"en","title":"SEC Moves First DeFi Unregistered Securities Lawsuit","url":"https://stock-news.laohu8.com/highlight/detail?id=1180529438","media":"Benzinga","summary":"The United States Securities and Exchange Commission  sued the organization responsible for the development of a decentralized finance  protocol over activities involved with the project for the first time.What Happened: According to a Friday SEC announcement, the agency has sued Cayman Islands-based Blockchain Credit Partners and two of its top executives over allegedly selling unregistered securities through its DeFi Money Market platform from February 2020 to February 2021. The firm purported","content":"<p>The United States Securities and Exchange Commission (SEC) sued the organization responsible for the development of a decentralized finance (DeFi) protocol over activities involved with the project for the first time.</p>\n<p><b>What Happened:</b>&nbsp;According to a Friday SEC&nbsp;announcement, the agency has sued Cayman Islands-based Blockchain Credit Partners and two of its top executives over allegedly selling unregistered securities through its DeFi Money Market platform from February 2020 to February 2021. The firm purportedly sold over $30 million worth of two types of tokens that the SEC deemed to be securities that should have been registered as such.</p>\n<p>The SEC notes that Blockchain Credit Partners&nbsp;founders Gregory Keough and Derek Acree will have to pay fines of $125,000 while the company itself also agreed to pay $12.8 million in disgorgement. The settlement does not indicate an admition or denial&nbsp;the accusations.</p>\n<p><b>New Game, Old Rules?</b></p>\n<p>SEC Enforcement Director Gurbir Grewal explained that \"full and honest disclosure remains the cornerstone of our securities laws — no matter what technologies are used to offer and sell those securities.\" This comment makes it very clear that slapping the DeFi label on a project and hoping to avoid regulation this way works no better than calling it a \"utility token\" prevented falling under the SEC's scrutiny during 2017's initial coin offering craze.</p>\n<p>The SEC is trying to send the clear rule that the new kind of financial organizations that operate on blockchains have to still play by the old rules that govern traditional finance. At the same time, market onlookers are not sure if the regulator is actually right.</p>\n<p>In a way, it is a tour de force where the regulator wins every time it has a way to take enforcement action, but these new organizations potentially have a very real way to make enforcement impossible — or at the very least impractical. The only protection against enforcement by the SEC and other regulators is decentralization and the only reason why the SEC was able to act in this case is that a centralized organization such as Blockchain Credit Partners exists.</p>\n<p><b>What's Next:</b>If no company exists and all that there is to a DeFi protocol is a set of smart contracts deployed on a blockchain by a group of anonymous developers scattered around the world there is very little that the SEC can do short of attacking the blockchain itself. This is where the decentralization of the underlying blockchain comes into play: will the regulators for instance be able to force&nbsp;<b>Ethereum's</b>&nbsp;(CRYPTO: ETH) core development team to write an update stopping such a project?</p>\n<p>If the regulators would actually be able to force the blockchain's developers to write such an update, would node operators and miners or stakers adopt this software or would they refuse to? Such situations will be the real test of the decentralization and reliability of any blockchain that many are waiting to happen. Regulators are seeing power slipping away&nbsp;between their fingers like sand, and they are going to try to grab it.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SEC Moves First DeFi Unregistered Securities Lawsuit</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSEC Moves First DeFi Unregistered Securities Lawsuit\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-08 09:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cryptocurrency/21/08/22378359/sec-moves-first-defi-unregistered-securities-lawsuit><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The United States Securities and Exchange Commission (SEC) sued the organization responsible for the development of a decentralized finance (DeFi) protocol over activities involved with the project ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cryptocurrency/21/08/22378359/sec-moves-first-defi-unregistered-securities-lawsuit\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.benzinga.com/markets/cryptocurrency/21/08/22378359/sec-moves-first-defi-unregistered-securities-lawsuit","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180529438","content_text":"The United States Securities and Exchange Commission (SEC) sued the organization responsible for the development of a decentralized finance (DeFi) protocol over activities involved with the project for the first time.\nWhat Happened: According to a Friday SEC announcement, the agency has sued Cayman Islands-based Blockchain Credit Partners and two of its top executives over allegedly selling unregistered securities through its DeFi Money Market platform from February 2020 to February 2021. The firm purportedly sold over $30 million worth of two types of tokens that the SEC deemed to be securities that should have been registered as such.\nThe SEC notes that Blockchain Credit Partners founders Gregory Keough and Derek Acree will have to pay fines of $125,000 while the company itself also agreed to pay $12.8 million in disgorgement. The settlement does not indicate an admition or denial the accusations.\nNew Game, Old Rules?\nSEC Enforcement Director Gurbir Grewal explained that \"full and honest disclosure remains the cornerstone of our securities laws — no matter what technologies are used to offer and sell those securities.\" This comment makes it very clear that slapping the DeFi label on a project and hoping to avoid regulation this way works no better than calling it a \"utility token\" prevented falling under the SEC's scrutiny during 2017's initial coin offering craze.\nThe SEC is trying to send the clear rule that the new kind of financial organizations that operate on blockchains have to still play by the old rules that govern traditional finance. At the same time, market onlookers are not sure if the regulator is actually right.\nIn a way, it is a tour de force where the regulator wins every time it has a way to take enforcement action, but these new organizations potentially have a very real way to make enforcement impossible — or at the very least impractical. The only protection against enforcement by the SEC and other regulators is decentralization and the only reason why the SEC was able to act in this case is that a centralized organization such as Blockchain Credit Partners exists.\nWhat's Next:If no company exists and all that there is to a DeFi protocol is a set of smart contracts deployed on a blockchain by a group of anonymous developers scattered around the world there is very little that the SEC can do short of attacking the blockchain itself. This is where the decentralization of the underlying blockchain comes into play: will the regulators for instance be able to force Ethereum's (CRYPTO: ETH) core development team to write an update stopping such a project?\nIf the regulators would actually be able to force the blockchain's developers to write such an update, would node operators and miners or stakers adopt this software or would they refuse to? Such situations will be the real test of the decentralization and reliability of any blockchain that many are waiting to happen. Regulators are seeing power slipping away between their fingers like sand, and they are going to try to grab it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":468,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573803041677956","authorId":"3573803041677956","name":"qiqi2","avatar":"https://static.tigerbbs.com/836c56071da9ab9941909ee1186113fe","crmLevel":2,"crmLevelSwitch":0,"idStr":"3573803041677956","authorIdStr":"3573803041677956"},"content":"Like n comment yea","text":"Like n comment yea","html":"Like n comment yea"}],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}