SEC Starts Regulating ICOs | Crunch Report | Summary and Q&A

TL;DR

Breakthrough Starshot successfully launches tiny spacecraft into low-earth orbit, paving the way for even smaller space exploration technology.

Key Insights

• 😘 Breakthrough Starshot launched the smallest spacecraft ever, known as Sprites, into low-earth orbit.
• 🏋️ The Sprites measure only 3.5 by 3.5 centimeters and weigh four grams but contain advanced technology for communication.
• 🍘 The SEC is cracking down on unregulated token offerings, treating them as securities and potentially subjecting offenders to criminal punishment.
• 😀 Loveflutter is a dating app exclusively for verified social media users, aiming to create a community of verified individuals.
• 💨 The Sprites are paving the way for even smaller single-chip spacecraft.
• 🚉 The Sprites are successfully communicating with Earth, both through official communication stations and amateur radio enthusiasts.
• 🛄 The SEC's decision to regulate digital currency financing events is aimed at increasing investor protection.

Transcript

smallest spacecraft ever launched makes it into low-earth orbit the sec starts regulating i cos and a new dating app only for verified Twitter users it's Wednesday July 26 and this is credible they don't know going up and I'm happy Wednesday let's get into the news working prototype versions of the smallest spacecraft ever conceived made into orbit... Read More

Questions & Answers

Q: What is the purpose of the Sprites?

The Sprites are designed to pave the way for even smaller single-chip spacecraft and are currently being tested for their functionality and communication capabilities.

Q: How are the Sprites communicating with Earth?

The Sprites communicate with Earth through ground-based communication stations as well as amateur radio buffs who can pick up the signals as they pass overhead.

Q: Will the SEC regulate digital currency financing events?

Yes, the SEC recently announced that these events will be regulated as securities, meaning unregistered offerings could face criminal punishment.

Q: What is Loveflutter?

Loveflutter is a dating app exclusively for verified social media users, similar to The League, but with stricter verification requirements.

Summary & Key Takeaways

• Working prototypes of the smallest spacecraft ever created, called Sprites, were launched into orbit by the Indian Space Research Organisation.

• Sprites measure just 3.5 by 3.5 centimeters and weigh only four grams, but incorporate solar panels, computing components, sensors, and radios.

• The Sprites are performing well in system tests and are beaming messages back and forth with communication stations on Earth.