Zocket is a digital marketing platform that helps businesses launch their digital ads in less than 30 seconds.

Zocket - Crunchbase Company Profile & Funding

Zocket helps businesses create ads in less than 30 seconds without any expertise and grow digitally.

Zocket - Run digital ads in 30 seconds

Zocket is an innovative platform that’s evolving the way the world matches talent and companies. Founded in 2016 and based in Amsterdam, the Netherlands, Zocket founders believed that there had to be an easier, more effective and authentic way for companies and the people in companies to ...

Zocket | LinkedIn

Zocket | 9,292 followers on LinkedIn. One touch digital ads for small businesses | Zocket is a digital ad powerhouse driven by Gen AI. Zocket enables businesses to effortlessly craft and launch ads in seconds. No more hassle of going through complex settings in your ads manager.

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Zocket Technologies Company Profile & Overview | AmbitionBox

Zocket Technologies Private Limited, headquartered in Chennai since its establishment in 2021, operates in the Information Technology sector. Get insights on financial performance and more.

Zocket Technologies Private Limited - Company Details | The Company ...

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Company information, business information, directors/partners details and director/partners contact information of ZOCKET TECHNOLOGIES PRIVATE LIMITED

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Zocket focuses on digital advertising, specifically within the small business sector. The company&#x27;s main service involves leveraging artificial intelligence to simplify the process of creating digital advertisements, making it accessible for small businesses without any expertise in digital ...

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Zocket Company Profile: Valuation & Investors | PitchBook

Thus, we are planning to add more vernacular language in the front-end of the Zocket app in the next 12-18 months,” said Karthik Venkateswaran, cofounder and chief executive officer (CEO) of Zocket to ET. Venkateswaran added that the company will allocate the fresh funds equally on hiring ...

zocket funding: SaaS startup Zocket raises $3 million led by Kalaari ...

One-touch digital ads for small businessesCurrently there are only two options for an SMB owner either employ a digital marketing agency or stay away from digit

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&quot;SaaS platform Zocket, which helps SMBs market their offerings across various platforms, said it will use the capital to expand its product line, improve brand building, hire more talent, and launch its adtech solutions to SMBs. Zocket was Founded in 2021 by Karthik Venkateswaran, Nandha Kumar ...

Zocket Company Profile, information, investors, valuation & Funding

Currently there are only two options for an SMB owner, either employ a digital marketing agency or stay away from digital ads

SEC v. Consensys Software Inc. Court Filing, retrieved on June 28, 2024, is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This part is 22 of 26. VI. CONSENSYS ALSO ACTS AS A BROKER WITH RESPECT TO THE LIDO AND ROCKET POOL INVESTMENT CONTRACTS. 324. Through its MetaMask Staking program, Consensys also acts as a broker by effecting transactions in the Lido and Rocket Pool investment contracts for the account of others. 325. As alleged above, Consensys solicits potential investors, holds itself out as a place to buy and sell the investment contracts, and recommends which of the two investment contracts will offer the highest rewards. 326. Consensys then effects the transaction on the investor’s behalf. 327. Specifically, as noted, Consensys through the MetaMask Staking software handles the investor’s assets by removing the investor’s ETH from the investor’s MetaMask wallet and transferring it to the MM Staking Router Smart Contract, which, in turn, transfers it to the Lido or Rocket Pool proxy smart contract. 328. Finally, Consensys’s software, transfers the acquired token—stETH or rETH—into the investor’s MetaMask Wallet. Continue Reading Here. About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings.
This court case retrieved on June 28, 2024, storage.courtlistener.com is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. SEC v. Consensys Software Inc. Court Filing, retrieved on June 28, 2024, is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This part is 22 of 26. SEC v. Consensys Software Inc. Court Filing, retrieved on June 28, 2024, is part of HackerNoon’s Legal PDF Series . You can jump to any part in this filing here . This part is 22 of 26. HackerNoon’s Legal PDF Series here VI. CONSENSYS ALSO ACTS AS A BROKER WITH RESPECT TO THE LIDO AND ROCKET POOL INVESTMENT CONTRACTS. 324. Through its MetaMask Staking program, Consensys also acts as a broker by effecting transactions in the Lido and Rocket Pool investment contracts for the account of others. 325. As alleged above, Consensys solicits potential investors, holds itself out as a place to buy and sell the investment contracts, and recommends which of the two investment contracts will offer the highest rewards. 326. Consensys then effects the transaction on the investor’s behalf. 327. Specifically, as noted, Consensys through the MetaMask Staking software handles the investor’s assets by removing the investor’s ETH from the investor’s MetaMask wallet and transferring it to the MM Staking Router Smart Contract, which, in turn, transfers it to the Lido or Rocket Pool proxy smart contract. 328. Finally, Consensys’s software, transfers the acquired token—stETH or rETH—into the investor’s MetaMask Wallet. Continue Reading Here. Continue Reading Here . Here About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings. This court case retrieved on June 28, 2024, storage.courtlistener.com is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings. This court case retrieved on June 28, 2024, storage.courtlistener.com is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. storage.courtlistener.com

SEC Targets Consensys for Brokerage Activities in Lido and Rocket Pool Investments

SEC v. Consensys Software Inc. Court Filing, retrieved on June 28, 2024, is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This part is 24 of 26. SECOND CLAIM FOR RELIEF - Violations of Securities Act Sections 5(a) and 5(c) 332. The Commission re-alleges and incorporates by reference here the allegations in paragraphs 1 through 331. 333. By virtue of the foregoing, Consensys, through its offers and sales of the Lido and Rocket Pool staking program investment contracts, directly and indirectly: (a) without a registration statement in effect as to those securities, (1) made use of means or instruments of transportation or communication in interstate commerce or of the mails to sell securities through the use or medium of any prospectus or otherwise, and (2) carried or caused to be carried through the mails or in interstate commerce, by any means or instruments of transportation, securities for the purpose of sale or for delivery after sale; and (b) made use of means or instruments of transportation or communication in interstate commerce or of the mails to offer to sell or offer to buy, through the use or medium of a prospectus or otherwise, securities as to which no registration statement had been filed. 334. By reason of the conduct described above, Consensys violated, is violating, and, unless enjoined, will continue to violate Securities Act Sections 5(a) and 5(c) [15 U.S.C. §§ 77e(a) and 77e(c)]. Continue Reading Here. About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings.
This court case retrieved on June 28, 2024, storage.courtlistener.com is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. SEC v. Consensys Software Inc. Court Filing, retrieved on June 28, 2024, is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This part is 24 of 26. SEC v. Consensys Software Inc. Court Filing, retrieved on June 28, 2024, is part of HackerNoon’s Legal PDF Series . You can jump to any part in this filing here . This part is 24 of 26. HackerNoon’s Legal PDF Series here SECOND CLAIM FOR RELIEF - Violations of Securities Act Sections 5(a) and 5(c) 332. The Commission re-alleges and incorporates by reference here the allegations in paragraphs 1 through 331. 333. By virtue of the foregoing, Consensys, through its offers and sales of the Lido and Rocket Pool staking program investment contracts, directly and indirectly: (a) without a registration statement in effect as to those securities, (1) made use of means or instruments of transportation or communication in interstate commerce or of the mails to sell securities through the use or medium of any prospectus or otherwise, and (2) carried or caused to be carried through the mails or in interstate commerce, by any means or instruments of transportation, securities for the purpose of sale or for delivery after sale; and (b) made use of means or instruments of transportation or communication in interstate commerce or of the mails to offer to sell or offer to buy, through the use or medium of a prospectus or otherwise, securities as to which no registration statement had been filed. 334. By reason of the conduct described above, Consensys violated, is violating, and, unless enjoined, will continue to violate Securities Act Sections 5(a) and 5(c) [15 U.S.C. §§ 77e(a) and 77e(c)]. Continue Reading Here. Continue Reading Here . Here About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings. This court case retrieved on June 28, 2024, storage.courtlistener.com is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings. This court case retrieved on June 28, 2024, storage.courtlistener.com is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. storage.courtlistener.com

Consensys in Regulatory Crosshairs Over Lido and Rocket Pool Investment Contract Sales

SEC v. Consensys Software Inc. Court Filing, retrieved on June 28, 2024, is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This part is 20 of 26. C. Consensys—through MetaMask Staking—Offers and Sells the Lido and Rocket Pool Investment Contracts. i. Through MetaMask Staking, Consensys Promotes, Offers, and Sells the Lido and Rocket Pool Investment Contracts To Its Users. 286. On January 13, 2023, Consensys publicly announced the release of a program called MetaMask Staking. 287. Consensys created MetaMask Staking to offer and sell the Lido and Rocket Pool staking program investment contracts to investors. 288. The January 13 announcement stated: “MetaMask Staking allows you to engage in liquid staking with two prominent providers, Lido and Rocket Pool, where by you can deposit your ETH and receive a token representing the value of your stake in return.” 289. It called MetaMask Staking “an easy and convenient way to stake ETH.” 290. On January 13, 2023, Consensys posted on the MetaMask Twitter account: “We are extremely happy to announce that you can now stake ETH with Lido or Rocket Pool through the [MetaMask] Portfolio Dapp.” This post included an image advertising “5.22% rewards” with Lido and “4.59% rewards” with Rocket Pool—highlighting the former as the “Highest rewards.” 291. On May 16, 2023, Consensys posted on the MetaMask Twitter account: “[U]sers can now stake and withdraw ETH directly from our liquid staking providers, Rocket Pool and Lido.” And “Get started here,” pointing to a link to the MetaMask portfolio website. 292. In promotional materials, Consensys claimed that MetaMask Staking would make it easier for individual holders of ETH to participate in staking. 293. Specifically, in its January 13, 2023, announcement on its website, Consensys stated: “[S]taking can be a convoluted and complicated process for end-users. MetaMask Staking will offer an easy-to-understand and trusted entry point for users interested in staking. Through this new feature, users can compare the rewards rate, network control, and popularity of different liquid staking providers and choose the one they want to stake with.” ii. Consensys’s MetaMask Staking User Interface. 294. To use MetaMask Staking, investors must have ETH in their MetaMask Wallet. 295. First, from the browser extension or mobile app, the investor clicks on “Stake,” or “Staking.” They are then taken to the MetaMask Portfolio site, where they can then choose “ETH.” 296. At this point, Consensys’s graphical interface presents the investor with two options: Lido and Rocket Pool. 298. If either Lido or Rocket Pool is at or near capacity, Consensys’s MetaMask Staking software disables the ability to stake with that program. 299. In any event, an investor can choose either the Lido or Rocket Pool staking program by clicking “Stake.” 300. On the following screen, an investor can input the number of ETH that they would like to invest in one of the staking program investment contracts and click “review.” 301. At that point, Consensys’s MetaMask Staking software shows the investor a screen with the number of the staking pool tokens they will receive in return, their “estimated rewards,” and the “estimated gas fee.” 302. If the investor wishes to proceed with their request to invest in the staking program investment contract, the investor clicks “confirm.” 303. If MetaMask Staking successfully completes the transaction, the investor will see a screen that says, “Transaction Complete.” iii. Consensys Offers and Sells the Lido and Rocket Pool Investment Contracts To Investors. 304. Accordingly, Consensys offers and sells the Lido and Rocket Pool investment contracts to investors through the MetaMask Staking platform. 305. Consensys makes this process appear simple and easy to non-technical investors, while performing the technical series of actions necessary to transfer the investor’s ETH to Lido or Rocket Pool and transfer stETH or rETH to the investor in return. 306. When the investor clicks “confirm,” this signals the MetaMask Staking software to take the steps necessary to exchange the investor’s ETH for rETH or stETH. Specifically, Consensys has programed MetaMask Staking software to take the steps described below. 307. First, Consensys’s MetaMask Staking software reads the private key associated with the ETH in the investor’s MetaMask Wallet. 308. Second, using this key, the software creates a blockchain transaction and transfers the investor’s ETH from the investor’s MetaMask Wallet into a smart contract called the MetaMask Staking Aggregator Router Smart Contract (the “MM Staking Router Smart Contract”). 309. The MM Staking Router Smart Contract has its own Ethereum blockchain address. 310. The investor has no control over the MM Staking Router Smart Contract. 311. The MM Staking Router Smart Contract address temporarily holds the investor’s ETH. 312. Although Consensys has programmed its MetaMask Staking software so that Consensys can take a fee for each transaction, Consensys currently sets the fee variable at zero (i.e., it does not take a fee at this time). 313. Consensys could, however, change the software at any time to assess a fee, in which case the amount of the fee would be diverted from the MM Staking Router Smart Contract into a blockchain address designated by Consensys. 314. Third, Consensys’s software transfers the investor’s ETH from the MM Staking Router Smart Contract to the Lido or Rocket Pool Proxy smart contract (deployed by Lido and Rocket Pool, respectively). 315. These Proxy smart contracts mint stETH or rETH, respectively, upon receiving a deposit of ETH, and, if the MM Staking Router Smart Contract sends ETH to the Proxy smart contracts, the Proxy smart contracts will transfer newly minted stETH or rETH, respectively, to the MM Staking Router Smart Contract. 316. Fourth, the MM Staking Router Smart Contract transfers the stETH or rETH, as the case may be, to the investor’s MetaMask Wallet. 317. As of March 11, 2024, investors had invested 100,252 ETH in the Lido staking program through MetaMask Staking and 8,375 ETH in the Rocket Pool staking program through MetaMask Staking. 318. As of March 11, 2024, Consensys, through MetaMask Staking, offered and sold the Lido staking program to 32,449 unique blockchain addresses and offered and sold the Rocket Pool staking programs to 2,215 unique blockchain addresses. 319. For its part, Lido embraced MetaMask Staking as a platform through which its staking program would be offered and sold. 320. On January 17, 2023, Lido announced on its blog that “Ethereum staking with Lido is now live on MetaMask! Stake your ETH on MetaMask to earn yield and secure the Ethereum network from the comfort of your wallet.” 321. Moreover, a former Lido employee testified that “in terms of a distribution channel [Consensys’s MetaMask was] a very highly valued target.” 322. Accordingly, by the conduct described above, Consensys offered and sold, and continues to offer and sell, investment contracts for Lido and Rocket Pool, participating directly in the distribution of securities from the issuers—Lido and Rocket Pool—to the investor. Continue Reading Here. About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings.
This court case retrieved on June 28, 2024, storage.courtlistener.com is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. SEC v. Consensys Software Inc. Court Filing, retrieved on June 28, 2024, is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This part is 20 of 26. SEC v. Consensys Software Inc. Court Filing, retrieved on June 28, 2024, is part of HackerNoon’s Legal PDF Series . You can jump to any part in this filing here . This part is 20 of 26. HackerNoon’s Legal PDF Series here C. Consensys—through MetaMask Staking—Offers and Sells the Lido and Rocket Pool Investment Contracts. i. Through MetaMask Staking, Consensys Promotes, Offers, and Sells the Lido and Rocket Pool Investment Contracts To Its Users. i. Through MetaMask Staking, Consensys Promotes, Offers, and Sells the Lido and Rocket Pool Investment Contracts To Its Users. 286. On January 13, 2023, Consensys publicly announced the release of a program called MetaMask Staking. 287. Consensys created MetaMask Staking to offer and sell the Lido and Rocket Pool staking program investment contracts to investors. 288. The January 13 announcement stated: “MetaMask Staking allows you to engage in liquid staking with two prominent providers, Lido and Rocket Pool, where by you can deposit your ETH and receive a token representing the value of your stake in return.” 289. It called MetaMask Staking “an easy and convenient way to stake ETH.” 290. On January 13, 2023, Consensys posted on the MetaMask Twitter account: “We are extremely happy to announce that you can now stake ETH with Lido or Rocket Pool through the [MetaMask] Portfolio Dapp.” This post included an image advertising “5.22% rewards” with Lido and “4.59% rewards” with Rocket Pool—highlighting the former as the “Highest rewards.” 291. On May 16, 2023, Consensys posted on the MetaMask Twitter account: “[U]sers can now stake and withdraw ETH directly from our liquid staking providers, Rocket Pool and Lido.” And “Get started here,” pointing to a link to the MetaMask portfolio website. 292. In promotional materials, Consensys claimed that MetaMask Staking would make it easier for individual holders of ETH to participate in staking. 293. Specifically, in its January 13, 2023, announcement on its website, Consensys stated: “[S]taking can be a convoluted and complicated process for end-users. MetaMask Staking will offer an easy-to-understand and trusted entry point for users interested in staking. Through this new feature, users can compare the rewards rate, network control, and popularity of different liquid staking providers and choose the one they want to stake with.” ii. Consensys’s MetaMask Staking User Interface. ii. Consensys’s MetaMask Staking User Interface. 294. To use MetaMask Staking, investors must have ETH in their MetaMask Wallet. 295. First, from the browser extension or mobile app, the investor clicks on “Stake,” or “Staking.” They are then taken to the MetaMask Portfolio site, where they can then choose “ETH.” 296. At this point, Consensys’s graphical interface presents the investor with two options: Lido and Rocket Pool. 298. If either Lido or Rocket Pool is at or near capacity, Consensys’s MetaMask Staking software disables the ability to stake with that program. 299. In any event, an investor can choose either the Lido or Rocket Pool staking program by clicking “Stake.” 300. On the following screen, an investor can input the number of ETH that they would like to invest in one of the staking program investment contracts and click “review.” 301. At that point, Consensys’s MetaMask Staking software shows the investor a screen with the number of the staking pool tokens they will receive in return, their “estimated rewards,” and the “estimated gas fee.” 302. If the investor wishes to proceed with their request to invest in the staking program investment contract, the investor clicks “confirm.” 303. If MetaMask Staking successfully completes the transaction, the investor will see a screen that says, “Transaction Complete.” iii. Consensys Offers and Sells the Lido and Rocket Pool Investment Contracts To Investors. iii. Consensys Offers and Sells the Lido and Rocket Pool Investment Contracts To Investors. 304. Accordingly, Consensys offers and sells the Lido and Rocket Pool investment contracts to investors through the MetaMask Staking platform. 305. Consensys makes this process appear simple and easy to non-technical investors, while performing the technical series of actions necessary to transfer the investor’s ETH to Lido or Rocket Pool and transfer stETH or rETH to the investor in return. 306. When the investor clicks “confirm,” this signals the MetaMask Staking software to take the steps necessary to exchange the investor’s ETH for rETH or stETH. Specifically, Consensys has programed MetaMask Staking software to take the steps described below. 307. First, Consensys’s MetaMask Staking software reads the private key associated with the ETH in the investor’s MetaMask Wallet. 308. Second, using this key, the software creates a blockchain transaction and transfers the investor’s ETH from the investor’s MetaMask Wallet into a smart contract called the MetaMask Staking Aggregator Router Smart Contract (the “MM Staking Router Smart Contract”). 309. The MM Staking Router Smart Contract has its own Ethereum blockchain address. 310. The investor has no control over the MM Staking Router Smart Contract. 311. The MM Staking Router Smart Contract address temporarily holds the investor’s ETH. 312. Although Consensys has programmed its MetaMask Staking software so that Consensys can take a fee for each transaction, Consensys currently sets the fee variable at zero (i.e., it does not take a fee at this time). 313. Consensys could, however, change the software at any time to assess a fee, in which case the amount of the fee would be diverted from the MM Staking Router Smart Contract into a blockchain address designated by Consensys. 314. Third, Consensys’s software transfers the investor’s ETH from the MM Staking Router Smart Contract to the Lido or Rocket Pool Proxy smart contract (deployed by Lido and Rocket Pool, respectively). 315. These Proxy smart contracts mint stETH or rETH, respectively, upon receiving a deposit of ETH, and, if the MM Staking Router Smart Contract sends ETH to the Proxy smart contracts, the Proxy smart contracts will transfer newly minted stETH or rETH, respectively, to the MM Staking Router Smart Contract. 316. Fourth, the MM Staking Router Smart Contract transfers the stETH or rETH, as the case may be, to the investor’s MetaMask Wallet. 317. As of March 11, 2024, investors had invested 100,252 ETH in the Lido staking program through MetaMask Staking and 8,375 ETH in the Rocket Pool staking program through MetaMask Staking. 318. As of March 11, 2024, Consensys, through MetaMask Staking, offered and sold the Lido staking program to 32,449 unique blockchain addresses and offered and sold the Rocket Pool staking programs to 2,215 unique blockchain addresses. 319. For its part, Lido embraced MetaMask Staking as a platform through which its staking program would be offered and sold. 320. On January 17, 2023, Lido announced on its blog that “Ethereum staking with Lido is now live on MetaMask! Stake your ETH on MetaMask to earn yield and secure the Ethereum network from the comfort of your wallet.” 321. Moreover, a former Lido employee testified that “in terms of a distribution channel [Consensys’s MetaMask was] a very highly valued target.” 322. Accordingly, by the conduct described above, Consensys offered and sold, and continues to offer and sell, investment contracts for Lido and Rocket Pool, participating directly in the distribution of securities from the issuers—Lido and Rocket Pool—to the investor. Continue Reading Here. Continue Reading Here . Here About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings. This court case retrieved on June 28, 2024, storage.courtlistener.com is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings. This court case retrieved on June 28, 2024, storage.courtlistener.com is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. storage.courtlistener.com

MetaMask Staking Faces SEC Scrutiny Over Lido and Rocket Pool Offerings

মেটামাস্ক স্টেকিং লিডো এবং রকেট পুল অফারগুলির উপর এসইসি স্ক্রুটিনির মুখোমুখি হয়

MetaMask Staking steht wegen Lido- und Rocket Pool-Angeboten unter Beobachtung der SEC

MetaMask Stake se enfrenta al escrutinio de la SEC por las ofertas de Lido y Rocket Pool

MetaMask Staking fait l'objet d'un examen minutieux par la SEC sur les offres de Lido et de Rocket Pool

मेटामास्क स्टेकिंग को लीडो और रॉकेट पूल ऑफरिंग पर SEC जांच का सामना करना पड़ रहा है

MetaMask ステーキング、Lido および Rocket Pool の提供に関して SEC の監視に直面

MetaMask 스테이킹, Lido 및 로켓 풀 제공에 대한 SEC 조사에 직면

MetaMask Staking enfrenta escrutínio da SEC sobre ofertas de Lido e Rocket Pool

Стейкинг MetaMask подвергается проверке SEC в отношении предложений Lido и Rocket Pool

MetaMask Staking, Lido ve Roket Havuzu Teklifleri Üzerinden SEC İncelemesiyle Karşı Karşıya

MetaMask Stake phải đối mặt với sự giám sát của SEC đối với các dịch vụ Lido và Rocket Pool

MetaMask Staking 因 Lido 和 Rocket Pool 发行面临美国证券交易委员会的审查

SEC v. Consensys Software Inc. Court Filing, retrieved on June 28, 2024, is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This part is 19 of 26. B. Liquid Staking Pool Providers: Lido and Rocket Pool 238. Lido and Rocket Pool have each created and maintained respective staking programs, designed to capture the staking rewards described above. 239. Lido and Rocket Pool each call their program a “liquid staking” program because— as described below—investors are issued a tradable token in exchange for depositing funds into the program. This token represents the investor’s interest in the program. The token issued in exchange is referred to as a “liquid staking token” or “LST” and the LST can be traded on the secondary market. 240. In Lido, the LST is called stETH; in Rocket Pool, the LST is called rETH. 241. The amount of LST an investor receives is proportional to the amount of ETH they deposit. 242. These staking programs allow investors to both obtain the rewards of staking and also purportedly retain the ability to redeem the value of their investment at any time. i. The Lido Staking Program Is An Investment Contract. 243. Lido launched its liquid staking platform in December 2020. 244. To participate, investors deposit ETH with Lido. 245. In return, Lido issues the investor another crypto asset, “stETH,” representing the investor’s pro rata interest in Lido’s staking program, including the investor’s original deposit of ETH plus any accumulated returns. 246. Lido then uses investors’ deposited ETH in the Ethereum consensus mechanism to earn staking rewards—the financial returns for investors. 247. Specifically, Lido pools the ETH deposited by investors into a Lido smart contract, which initiates the creation of a validator by depositing a 32 ETH bundle to the Ethereum validator deposit contract. 248. As of June 25, 2024, over 28% of all staked ETH on Ethereum is staked in Lido’s staking program. 249. Lido takes, as a fee, 10% of the staking rewards earned. 250. The remaining rewards are accrued, pro rata, by stETH token holders. 251. Lido markets its staking program as an investment opportunity. 252. Lido also leads investors to reasonably expect that investors’ profits will come from Lido’s efforts. 253. According to Lido’s website, from December 2020 to February 2024, Lido’s staking program returned an annualized percentage gain of 3% to 9%. 254. In a blog post dated December 28, 2020, Lido stated: “Lido allows users to stake any amount of ETH – without the need to maintain complex infrastructure.” 255. From at least June 2021 to June 2024, in a “Help” article on its website, Lido stated that staking “requires expert knowledge and complex and costly infrastructure” and that through Lido “users can eliminate these inconveniences.” 256. Lido claimed in an October 2020 document posted to its website that it is “more profitable” than other staking pool providers because of its fee model and the quality of its node operators. 257. From at least February 2023 to June 2024, another “Help” article on Lido’s website claims to allocate investors’ staked ETH across multiple, high-quality validator node operators (that is, participants in the Ethereum network consensus mechanism), minimizing the risks associated with staking ETH. 258. In the same Help article, Lido states that it elects “professional and reputable node operators” and that the penalty and slashing risks are reduced “given the quality of the Lido validator set and its proven track record.” 259. In short, Lido purportedly offers investors a “simplified participation in staking”— deploying its resources and expertise to achieve staking rewards that individual investors typically would not be able to achieve on their own. 260. The holder of any stETH—whether issued directly from Lido or purchased in the secondary market—has the right to deliver the stETH to Lido to get back the pro-rata staked ETH plus accrued rewards. 261. Lido treats all investors’ deposited ETH as fungible. It does not purport to segregate investor funds. 262. In light of the above, Lido offered and sold its staking program as an investment contract. ii. The Rocket Pool Staking Program Is An Investment Contract 263. Rocket Pool launched its platform in October 2021. 264. To participate, investors deposit ETH with Rocket Pool. 265. In return, Rocket Pool issues another crypto asset, “rETH,” representing the investor’s pro rata interest in Rocket Pool’s staking program, including the investor’s original deposit of ETH plus any accumulated returns. 266. Rocket Pool then uses investors’ deposited ETH in the Ethereum consensus mechanism to earn staking rewards—the financial returns for investors. 267. Specifically, Rocket Pool pools the ETH deposited by investors into a Rocket Pool smart contract, which initiates the creation of a validator by depositing a 32-ETH bundle to the Ethereum validator deposit contract. 268. Rocket Pool takes a 0.05% fee of the staking rewards it earns. 269. The remaining staking rewards accrue, pro-rata, to investors. 270. Rocket Pool also markets its staking program as an investment opportunity. 271. According to Rocket Pool’s website, rETH “accrues value over time.” 272. Rocket Pool also leads investors to reasonably expect that investors’ profits will come from the efforts of Rocket Pool. 273. As of June 2024, Rocket Pool advertised on its website an annual percentage return of approximately 3.11%. 274. In an FAQ available on its website, Rocket Pool notes that its staking service makes staking available to investors who might not otherwise have the technical expertise necessary to interact with smart contracts or keep a node running 24/7. 275. Indeed, according to Rocket Pool’s FAQ, its program “removes several high barriers to entry that exist with Proof of Stake on Ethereum.” 276. In a January 22, 2021, Medium Post, Rocket Pool stated that its program was “an easy and permissionless way to engage in staking without needing to run any staking infrastructure or even have 32 ETH.” 277. The Rocket Pool FAQ states that it will “allow anyone to earn rewards on deposits as small as 0.01 ETH.” 278. On its website, Rocket Pool also attempts to differentiate itself from other staking pool providers, claiming that “Rocket Pool is the only staking platform with a perfect score on ethereum.org.” 279. According to Rocket Pool’s website, its protocol is highly secure and its “smart contracts have been extensively audited, multiple times, by some of the best auditors in the Ethereum ecosystem.” 280. Rocket Pool also touts other reasons for investors to stake their ETH with Rocket Pool. 281. In the January 2021 Medium post, Rocket Pool notes that the value of rETH is “protected against node slashing and downtime by several built in insurance mechanisms.” 282. Specifically, Rocket Pool requires individuals that run Rocket Pool validator nodes to put up collateral to protect against losses that may result from penalties and slashing. 283. Rocket Pool’s website states that “every rETH token is exactly the same, you will automatically receive the benefits of staking just by holding the token!” (Emphasis in original.) 284. In light of the above, Rocket Pool offered and sold its staking program as an investment contract. 285. Neither Lido nor Rocket Pool have ever filed registration statements with the SEC for the offer and sale of their respective staking program investment contracts. Continue Reading Here. About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings.
This court case retrieved on June 28, 2024, storage.courtlistener.com is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. SEC v. Consensys Software Inc. Court Filing, retrieved on June 28, 2024, is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This part is 19 of 26. SEC v. Consensys Software Inc. Court Filing, retrieved on June 28, 2024, is part of HackerNoon’s Legal PDF Series . You can jump to any part in this filing here . This part is 19 of 26. HackerNoon’s Legal PDF Series here B. Liquid Staking Pool Providers: Lido and Rocket Pool 238. Lido and Rocket Pool have each created and maintained respective staking programs, designed to capture the staking rewards described above. 239. Lido and Rocket Pool each call their program a “liquid staking” program because— as described below—investors are issued a tradable token in exchange for depositing funds into the program. This token represents the investor’s interest in the program. The token issued in exchange is referred to as a “liquid staking token” or “LST” and the LST can be traded on the secondary market. 240. In Lido, the LST is called stETH; in Rocket Pool, the LST is called rETH. 241. The amount of LST an investor receives is proportional to the amount of ETH they deposit. 242. These staking programs allow investors to both obtain the rewards of staking and also purportedly retain the ability to redeem the value of their investment at any time. i. The Lido Staking Program Is An Investment Contract. i. The Lido Staking Program Is An Investment Contract. 243. Lido launched its liquid staking platform in December 2020. 244. To participate, investors deposit ETH with Lido. 245. In return, Lido issues the investor another crypto asset, “stETH,” representing the investor’s pro rata interest in Lido’s staking program, including the investor’s original deposit of ETH plus any accumulated returns. 246. Lido then uses investors’ deposited ETH in the Ethereum consensus mechanism to earn staking rewards—the financial returns for investors. 247. Specifically, Lido pools the ETH deposited by investors into a Lido smart contract, which initiates the creation of a validator by depositing a 32 ETH bundle to the Ethereum validator deposit contract. 248. As of June 25, 2024, over 28% of all staked ETH on Ethereum is staked in Lido’s staking program. 249. Lido takes, as a fee, 10% of the staking rewards earned. 250. The remaining rewards are accrued, pro rata, by stETH token holders. 251. Lido markets its staking program as an investment opportunity. 252. Lido also leads investors to reasonably expect that investors’ profits will come from Lido’s efforts. 253. According to Lido’s website, from December 2020 to February 2024, Lido’s staking program returned an annualized percentage gain of 3% to 9%. 254. In a blog post dated December 28, 2020, Lido stated: “Lido allows users to stake any amount of ETH – without the need to maintain complex infrastructure.” 255. From at least June 2021 to June 2024, in a “Help” article on its website, Lido stated that staking “requires expert knowledge and complex and costly infrastructure” and that through Lido “users can eliminate these inconveniences.” 256. Lido claimed in an October 2020 document posted to its website that it is “more profitable” than other staking pool providers because of its fee model and the quality of its node operators. 257. From at least February 2023 to June 2024, another “Help” article on Lido’s website claims to allocate investors’ staked ETH across multiple, high-quality validator node operators (that is, participants in the Ethereum network consensus mechanism), minimizing the risks associated with staking ETH. 258. In the same Help article, Lido states that it elects “professional and reputable node operators” and that the penalty and slashing risks are reduced “given the quality of the Lido validator set and its proven track record.” 259. In short, Lido purportedly offers investors a “simplified participation in staking”— deploying its resources and expertise to achieve staking rewards that individual investors typically would not be able to achieve on their own. 260. The holder of any stETH—whether issued directly from Lido or purchased in the secondary market—has the right to deliver the stETH to Lido to get back the pro-rata staked ETH plus accrued rewards. 261. Lido treats all investors’ deposited ETH as fungible. It does not purport to segregate investor funds. 262. In light of the above, Lido offered and sold its staking program as an investment contract. ii. The Rocket Pool Staking Program Is An Investment Contract ii. The Rocket Pool Staking Program Is An Investment Contract 263. Rocket Pool launched its platform in October 2021. 264. To participate, investors deposit ETH with Rocket Pool. 265. In return, Rocket Pool issues another crypto asset, “rETH,” representing the investor’s pro rata interest in Rocket Pool’s staking program, including the investor’s original deposit of ETH plus any accumulated returns. 266. Rocket Pool then uses investors’ deposited ETH in the Ethereum consensus mechanism to earn staking rewards—the financial returns for investors. 267. Specifically, Rocket Pool pools the ETH deposited by investors into a Rocket Pool smart contract, which initiates the creation of a validator by depositing a 32-ETH bundle to the Ethereum validator deposit contract. 268. Rocket Pool takes a 0.05% fee of the staking rewards it earns. 269. The remaining staking rewards accrue, pro-rata, to investors. 270. Rocket Pool also markets its staking program as an investment opportunity. 271. According to Rocket Pool’s website, rETH “accrues value over time.” 272. Rocket Pool also leads investors to reasonably expect that investors’ profits will come from the efforts of Rocket Pool. 273. As of June 2024, Rocket Pool advertised on its website an annual percentage return of approximately 3.11%. 274. In an FAQ available on its website, Rocket Pool notes that its staking service makes staking available to investors who might not otherwise have the technical expertise necessary to interact with smart contracts or keep a node running 24/7. 275. Indeed, according to Rocket Pool’s FAQ, its program “removes several high barriers to entry that exist with Proof of Stake on Ethereum.” 276. In a January 22, 2021, Medium Post, Rocket Pool stated that its program was “an easy and permissionless way to engage in staking without needing to run any staking infrastructure or even have 32 ETH.” 277. The Rocket Pool FAQ states that it will “allow anyone to earn rewards on deposits as small as 0.01 ETH.” 278. On its website, Rocket Pool also attempts to differentiate itself from other staking pool providers, claiming that “Rocket Pool is the only staking platform with a perfect score on ethereum.org.” 279. According to Rocket Pool’s website, its protocol is highly secure and its “smart contracts have been extensively audited, multiple times, by some of the best auditors in the Ethereum ecosystem.” 280. Rocket Pool also touts other reasons for investors to stake their ETH with Rocket Pool. 281. In the January 2021 Medium post, Rocket Pool notes that the value of rETH is “protected against node slashing and downtime by several built in insurance mechanisms.” 282. Specifically, Rocket Pool requires individuals that run Rocket Pool validator nodes to put up collateral to protect against losses that may result from penalties and slashing. 283. Rocket Pool’s website states that “every rETH token is exactly the same, you will automatically receive the benefits of staking just by holding the token!” (Emphasis in original.) automatically receive the benefits of staking just by holding the token!” 284. In light of the above, Rocket Pool offered and sold its staking program as an investment contract. 285. Neither Lido nor Rocket Pool have ever filed registration statements with the SEC for the offer and sale of their respective staking program investment contracts. Continue Reading Here. Continue Reading Here . Here About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings. This court case retrieved on June 28, 2024, storage.courtlistener.com is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings. This court case retrieved on June 28, 2024, storage.courtlistener.com is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. storage.courtlistener.com

Crypto Giants Lido and Rocket Pool Face SEC Scrutiny Over Staking Programs

SEC v. Consensys Software Inc. Court Filing, retrieved on June 28, 2024, is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This part is 5 of 26. DEFENDANTS 21. Consensys was founded in 2014. In June 2020, Consensys was incorporated in Delaware. OTHER RELEVANT ENTITIES 22. Lido Finance (“Lido”) is a Cayman Islands company. Lido operates a program for staking on the Ethereum blockchain. Lido launched its staking program in December 2020. 23. Rocket Pool is headquartered in Australia. Rocket Pool also operates a program for staking on the Ethereum blockchain. Rocket Pool launched its staking program in October 2021. Continue Reading Here. About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings.
This court case retrieved on June 28, 2024, storage.courtlistener.com is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. SEC v. Consensys Software Inc. Court Filing, retrieved on June 28, 2024, is part of HackerNoon’s Legal PDF Series. You can jump to any part in this filing here. This part is 5 of 26. SEC v. Consensys Software Inc. Court Filing, retrieved on June 28, 2024, is part of HackerNoon’s Legal PDF Series . You can jump to any part in this filing here . This part is 5 of 26. HackerNoon’s Legal PDF Series here DEFENDANTS 21. Consensys was founded in 2014. In June 2020, Consensys was incorporated in Delaware. OTHER RELEVANT ENTITIES 22. Lido Finance (“Lido”) is a Cayman Islands company. Lido operates a program for staking on the Ethereum blockchain. Lido launched its staking program in December 2020. Lido Finance (“Lido”) 23. Rocket Pool is headquartered in Australia. Rocket Pool also operates a program for staking on the Ethereum blockchain. Rocket Pool launched its staking program in October 2021. Rocket Pool Continue Reading Here. Continue Reading Here . Here About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings. This court case retrieved on June 28, 2024, storage.courtlistener.com is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. About HackerNoon Legal PDF Series: We bring you the most important technical and insightful public domain court case filings. This court case retrieved on June 28, 2024, storage.courtlistener.com is part of the public domain. The court-created documents are works of the federal government, and under copyright law, are automatically placed in the public domain and may be shared without legal restriction. storage.courtlistener.com

Major Crypto Players Consensys, Lido, and Rocket Pool Under SEC Scrutiny

Improving Web3 accessibility is mission-critical in the industry’s current adoption phase. The tech stack has evolved significantly, alongside a steady cultural shift towards viable, long-term solutions. Integrating features into existing applications is a way forward. I discussed this in-depth with Tim Delhaes, a serial entrepreneur and the Co-Founder and CEO of . Web3 Grindery We explored why account abstraction matters, how messaging apps can catalyze mass crypto adoption and more. Let’s dive in. Welcome, Tim. It’s great to have you. Tell us a bit about your exciting, multi-faceted journey and crossover from Web2 to Web3. I’m deeply interested in how the Internet transforms human society, from politics to business and education. This is the driving force for every project and company I’ve built or scaled in so many different forms. But I initially saw Web3 as mere hype. During the ICO Summer, for example, I readily dismissed everything about blockchains as BS. Then I realized just how much money founders were raising through ICOs, so I dug deeper into the industry. I was willing to understand things better this time. One of the first things I did was start programming in Solidity. It was exciting, because I touched any code for the first time in almost twenty years. Soon, it was clear that this technology was here to stay. You can’t shut it down. And it can produce immense economic benefits across industries—the ultimate incentive to drive Internet-scale adoption. There was no looking back. You’ve built and scaled businesses all your life. What are some of the key hurdles budding entrepreneurs face, especially in Web3? I’ve built startups in every era of the Internet: Web1, Web2, and now Web3. Through this, I realized how experience is both good and bad. You gain a lot from experience. Many things become easier than otherwise. But it also makes innovation somewhat harder, especially for those who’ve done it before. In Web3, specifically, there are technical challenges on one side. Understanding cryptographic models or methods, parsing complex mathematics, and coming to terms with community-oriented cultural dynamics. It took me a long time to get comfortable here, and that’s something new entrepreneurs face as well. The toughest challenge, however, is breaking away from the old ways of thinking and problem-solving. Web3 solutions require fresh, novel approaches that are fully upside-down at times. It takes conscious effort and education to overcome this, especially for those coming from Web1 or Web2 like myself. Too many legacy thought processes and methods entering Web3 are a threat to this industry’s ability to fundamentally transform the world. What’s the significance of democratizing technology and empowering communities through decentralized solutions? The undeniable ‘bling-bling’ is what initially attracts most people to Web3. But those with deeper interests become hooked and fascinated by the power of the underlying technology. This interested lot starts working in Web3, moving beyond financial speculation. They discover Web3’s most overlooked but most important and impactful aspect, i.e., the ability to democratize technological access, power, and control. That’s how I got so deeply into DAOs. And after speaking with dozens of people in this space, I believe it’s the democratization and empowerment of communities that truly makes a difference. Web3 brings a beacon of hope for those who mistrust big corporations and profoundly dislike interacting with mainstream banks, tech companies, etc. Coming to Grindery, why Telegram? More generally, why integrate payments with instant messaging platforms? Bringing more power to more people is my core mission. Messaging apps are a great tool for this as they’re increasingly becoming super apps. Consider WeChat, for example. It evolved from a simple messaging platform to an ‘everything app’ that supports digital payments, transportation, physical services, etc. Now, I see crypto payments serving as the financial DNA of next-gen messaging apps. Bringing crypto to apps like Telegram will make it more accessible and useful for the next one billion users. It’ll unlock the real-world utilities necessary for Web3’s mass adoption. We first integrated Grindery into Telegram because of the gaps between present users, dApps, liquidity providers on EVM chains, and millions of potential users. Web3’s ideal consumers are people concerned or unhappy with the Internet’s current privacy and security landscape. They want to take matters into their own hands, which is why Telegram is often their go-to messaging app. However, taking the next step and connecting Telegram to the existing Web3 tech stack is still an uphill battle for many. There are severe complexities and risks. Grindery abstracts these complexities while minimizing the risks involved. We’re already seeing an overwhelming response to our solution. Over 700K sign-ups in the first few months. Plus, our smart wallet is the contract in its category and the account abstraction contract across all blockchains. most deployed third-most deployed As a pioneer in account abstraction innovation, what are the biggest advantages of this technology from a consumer’s point of view? Account abstraction simplifies digital currency interactions, making them more secure and easier for everybody, including newcomers. This happens mainly in two ways. One, you don’t need to handle complex passphrases or private keys. This eliminates the risk of losing your keys and makes managing crypto wallets much easier for daily use. Two, abstraction allows protocols to use special contracts that cover transaction costs across chains. The end-user experience is smoother and cost-effective. We’re taking these improvements to the next level with . Connecting Telegram IDs to Web3 wallets lets users send or receive crypto using familiar identifiers. Making transactions becomes as easy as sending messages. Grindery Grindery does for crypto payments what PayPal did for fiat transactions in the 90s when it replaced bank accounts and routing numbers with email addresses. Its impact will go beyond existing crypto wallets that essentially mirror legacy banking apps packed with third-party services. The true power of account abstraction lies in its ability to seamlessly integrate diverse applications and services. Wallets become invisible but omnipresent. Grindery, thus, paves the way to a more accessible, user-friendly blockchain ecosystem that is available to users with the ease and comfort of their Telegram accounts. What’s stopping Web3 from achieving internet-scale adoption? How can we get there? There are two main hurdles. One is regulatory clarity for businesses and end-users; two is ease of use. While the first problem demands collective action, we’re focusing on solving the second issue. Using account abstraction and everything I’ve discussed so far. Making Web3 easier to use will inevitably attract the next billion users. Many of them are waiting on the sidelines. When the average Telegram can swap, stake, and perform other DeFi actions and also pay for pizza, cabs, clothing, etc., we’ll know the future is here. It’s not far away. To conclude, what’s your best advice for new consumers entering Web3 while another bull cycle takes shape? Be prepared for a rocky ride. There are no beds of roses in Web3. It’s only been a little over a decade, and we’re still very early. There are many opportunities, but also potholes. So watch your steps. But above all, be ready to explore, experiment, and learn. You’ll start seeing things through a new lens, which is ultimately great. Dive deeper into rabbit holes, go beyond the obvious, and always ask/answer—why? Embracing Web3 will transform your life. It’ll never be the same again, in a good way.

Putting Web3 In People’s Pockets: A Discussion With Grindery CoFounder Tim Delhaes

ওয়েব 3 জনগণের পকেটে রাখা: গ্রিন্ডারির সহ-প্রতিষ্ঠাতা টিম ডেলহেসের সাথে একটি আলোচনা

Web3 in die Taschen der Menschen bringen: Eine Diskussion mit Grindery-Mitbegründer Tim Delhaes

Poner Web3 en los bolsillos de la gente: una conversación con el cofundador de Grindery, Tim Delhaes

Mettre le Web3 dans la poche des gens : une discussion avec le cofondateur de Grindery, Tim Delhaes

वेब3 को लोगों की जेब में लाना: ग्रिंडेरी के सह-संस्थापक टिम डेलहेस के साथ चर्चा

Web3 を人々のポケットに: Grindery 共同設立者 Tim Delhaes との対談

Web3를 사람들의 주머니에 넣기: Grindery 공동 창립자 Tim Delhaes와의 토론

Colocando a Web3 no bolso das pessoas: uma discussão com o cofundador da Grindery, Tim Delhaes

Помещаем Web3 в карманы людей: дискуссия с сооснователем Grindery Тимом Делэсом

Web3'ü İnsanların Ceplerine Taşımak: Grindery Kurucu Ortağı Tim Delhaes ile Bir Tartışma

Đưa Web3 vào túi của mọi người: Cuộc thảo luận với Tim Delhaes, người đồng sáng lập Grindery

将 Web3 放入人们的口袋：与 Grindery 联合创始人 Tim Delhaes 的讨论

03/28 Crypto Market Update Let's face it: the crypto market's been about as exciting as watching paint dry lately. But then, in walks Litecoin, the rebellious teenager of the world, defying the odds and skyrocketing to a two-week high of around $99. Now, this 9.25% jump in 24 hours has us scratching our heads – what's going on here? crypto Sleeping Giants Awake (and Maybe Cause a Little Trouble First) Here's the first plot twist: a bunch of dormant Litecoin tokens worth over $60 million decided to wake up from their slumber and rejoin the party on March 5th. It was the biggest daily jump for these sleepyheads on record. Now, this reunion wasn't exactly smooth sailing. The market initially freaked out, causing a 19% price drop. But hey, maybe it was just a case of first-day jitters? Because guess what? The market quickly absorbed these revived tokens, leading to a 37.25% rebound. This whole scenario feels eerily similar to what happened before Litecoin's 2017 bull run, where a similar awakening of dormant tokens paved the way for a massive price surge. So, is history repeating itself? Buckle up, folks, it's getting interesting. Coinbase Futures: The Shiny New Toy That Might Lure the Big Guys Adding fuel to the fire is a rumor that Coinbase will launch cash-settled Litecoin futures contracts in April. Now, this might sound like financial jargon overload, but here's the gist: it could attract a whole new crowd – the big institutional investors. Remember what happened when CME launched Bitcoin futures in 2017? The market went nuts! Could this be the secret sauce for Litecoin's future success? We don't have a crystal ball (yet!), but it's definitely something to keep an eye on. Strong Foundations: Not Just About Price But it's not all about price jumps. Litecoin's network itself seems to be in tip-top shape. The hash rate, which basically measures how secure the network is, is hitting record highs. This suggests that miners, the folks who keep the whole thing running, are feeling pretty confident. Maybe it's because of the upcoming Bitcoin halving event (where the rewards for mining Bitcoin get cut in half). This often leads to a price increase for Bitcoin, and sometimes, its ripple effect reaches other cryptocurrencies like Litecoin. So, even if you're not a techie, understand this: strong network = happy miners = potentially good news for Litecoin. The Chart Whisperers and Their Predictions Now, for those who like to analyze charts and lines more than we do, here's some good news. Litecoin's recent price action suggests it might have broken free from a long downtrend. In financial speak, that's a bullish signal. Plus, there's strong support from traders (think of it like having a bunch of people cheering for Litecoin) and a positive indicator called the RSI. The bottom line? The charts seem to be whispering that Litecoin might keep climbing, potentially reaching around $127.25 by April. But hey, remember, the crypto market can be as unpredictable as a teenager's mood. There's always a chance it could retreat and test support levels at $75.50. Oh, and Don't Forget About the Rest of the Crypto Zoo While Litecoin steals the show, there's other drama unfolding in the crypto world: A judge said "no way" to Coinbase's attempt to ditch a lawsuit from the SEC. This legal battle could have a major impact on crypto exchanges and regulations. Coinbase vs. SEC: Rumors are swirling about a potential mega-merger between some big names in AI – SingularityNet, , and Ocean Protocol. This could create a $7.5 billion giant in the AI-powered blockchain space. Talk about a power couple! AI Token Merger? Fetch.ai The NFT game Munchables got hacked, resulting in a massive loss of ETH. This serves as a stark reminder that security in the NFT space is crucial. NFT Security Breach: The Final Word: Don't Be a Blind Follower Remember, the crypto market is exciting, but it's also risky. Don't just blindly follow the latest trends. Do your own research, understand the risks, and maybe consult with someone who isn't as easily swayed by shiny objects (like, ahem, some of us). This article is just a glimpse into the ever-changing world of crypto, but hopefully, it keeps you entertained (and maybe a little informed) along the way.

Crypto Market Update: Litecoin Soars Like a Rocket While Cryptoland Sleeps 

What is ? Pocketbase is an open-source backend solution offering a real-time database, file storage, and seamless user authentication with OAuth integration, all readily available right out of the box. Pocketbase In this post, we’ll cover how to deploy Pocketbase using Docker and Nginx on an machine (although the instructions would also work for any Debian-based Linux distribution). Additionally, we will cover provisioning an SSL certificate using Certbot for enhanced security. Ubuntu Prerequisites Before we begin, ensure that you have the following: An Ubuntu machine or server (these instructions apply to other Debian-based Linux distributions as well). Docker installed on your system. Basic knowledge of Docker and command-line usage. Nginx installed on your system with certbot Here are articles on installing , , and . docker nginx certbot Installing PocketBase With Docker We'll use a slightly modified version of the docker-compose.yml from the repository. muchobien/pocketbase-docker Step 1 Create a docker-compose.yml file in a directory of your choice. The contents of the file are provided below: version: "3.7"
services:
  pocketbase:
    image: ghcr.io/muchobien/pocketbase:latest
    container_name: pocketbase
    restart: unless-stopped
    command:
      - --encryptionEnv 
      - ENCRYPTION 
    environment:
      ENCRYPTION: YOUR_ENCRYPTION_KEY 
    ports:
      - "8091:8090"
    volumes:
      - ./pb_data:/pb_data
      - ./pb_public:/pb_public 
      - ./pb_migrations:/pb_migrations 
    healthcheck: 
      test: wget --no-verbose --tries=1 --spider http://localhost:8090/api/health || exit 1
      interval: 5s
      timeout: 5s
      retries: 5 Step 2 To start the docker container we run the following command in the terminal: $ docker compose up -d --build This starts a pocketbase instance and exposes it on port 8091. The , , and folders created are bound to the folder in the container. pb_data pb_public pb_migrations Step 3. Next, we create an Nginx instance to give access to our application. To keep things simple, we will work with the default configuration file. Run the command below: $ nano /etc/nginx/sites-available/default Add the following code to the end of the file and save, replacing with your domain name or the subdomain you want to create: app.example.com server {
    server_name app.example.com;

    location / {
        proxy_pass http://127.0.0.1:8091;
        proxy_set_header Host $host;
        proxy_set_header X-Real-IP $remote_addr;
        proxy_set_header X-Forwarded-For $proxy_add_x_forwarded_for;
        proxy_set_header X-Forwarded-Proto $scheme;
    }

} Next, test that your Nginx configuration is valid: $ sudo nginx -t You should get a message like the one below if everything is fine: nginx: the configuration file /etc/nginx/nginx.conf syntax is ok
nginx: configuration file /etc/nginx/nginx.conf test is successful Then, restart Nginx: $ sudo systemctl restart nginx Finally, we generate our SSL certificates using certbot: $ sudo certbot --nginx -d app.example.com Congrats, you have now set up PocketBase secured with SSL. The following are the routes: - Serves the static content (html, css, images, etc.) from the directory. https://app.example.com pb_public - The admin dashboard UI https://app.example.com/_/ - The REST API https://app.example.com/api/ Conclusion Following this tutorial, you now have deployed PocketBase successfully. Also published here.

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