PLC

coinfeeds-bot

tldr; Abrdn PLC, the UK's largest active wealth manager, has tokenized its interests in the Aberdeen Standard Liquidity Fund on Hedera Hashgraph's platform, in collaboration with Archax, a regulated digital asset exchange. This marks Abrdn as the first major UK asset manager to issue a tokenized security, leveraging Hedera Hashgraph's DLT technology. Concurrently, EVM developers have introduced a new improvement proposal to enhance Hedera's functionality, specifically enabling the granting of allowance and approval for 'hbars', Hedera's native cryptocurrency. This development aims to improve the developer experience and expand potential use cases for smart contracts on the Hedera network. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

londons_explorer

Philipp (Respondent) v Barclays Bank UK PLC (Appellant) [2023] UKSC 25

Deep-Distribution779

In Canada, our largest bank (RBC) can, will, did close my accounts (PLC, HELOC, RRSP, TFSA, CHQ, SVG) bcos my activities didn’t meet their risk profile. ***aka used too much of my own money to buy BTC***

Bobwindy

Gatenet is the token of VLRM PLC who are in this space and are in the process of building out an exchange for issuance and trading of tokenised RWA. So this is an instiitutional token of a publically listed PLC not a startup crypto project, yet is still $5M mcap. Major financial institutions are entering this trillion dollar space, I think this will be the hot thing to come out of the next bullrun

Deep-Distribution779

If we’re merely a chequing account, sure why not. But it was TFSA, VISA, 3 different PLC, COMMERCIAL AC, RRSP, brokerage accounts, INSURANCE PRODUCTS, mortgage, RESPs, etc. It has taken weeks of my life to transition elsewhere. My bad for putting all my eggs in one. But I had no clue how I spend / invest my money was anyone’s business as long as it within the bounds of law.

Deep-Distribution779

Ya well good for me, Hmm not really they closed my RRSP, chequing & savings account, PLC, HELOC, and said they would not review the mortgage on my home they just gave me 10 months earlier. It been a massive inconvenience and the end of 15 year all positive relationship.

strolls

You can buy CleanSpark in your 401k though, I bet. I'm not American, so I'm not absolutely sure about this, but my guess it's an equivalent of the UK Argo Blockchain PLC - it's like an "index tracker" of bitcoin that you can hold in your pension or S&S ISA.

coinfeeds-bot

tldr; Gitcoin, a platform for open-source software development, has announced a collaboration with Shell PLC to develop open-source climate solutions. However, the crypto community has reacted negatively to the partnership, with some accusing Gitcoin of greenwashing and undermining its credibility. Gitcoin's governance token, GTC, fell 8% on the news. Despite the criticism, Gitcoin had received praise last month for launching its Layer-2 Public Goods Network. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Try our free crypto chatbot at https://chat.coinfeeds.io*

MrCollins23

There was a case before the Supreme Court recently from a couple who said that a bank should have refused their instruction to send money to what turned out to be a fraudulent offer in the UAE. The judgement was that whilst the bank could legally block transactions, it was not under any obligation to refuse to carry out a clients instructions as long as the instructions were explicit. This should, hopefully, cause some banks to ease up and maybe even deliberately position themselves to pick up crypto business. The case is Philipp v Barclays Bank U.K. PLC and accessible on the Supreme Court website if anyone is interested.

vekerem

🔔 Last hours before ULTIMA Farming Licenses sales end ​ 🔸 Friends, there are just a few hours left before ULTIMA Farming Licenses become unavailable! Buy a license right now and make sure your farm runs at top rate for the next 24 months! ​ 🔸 Please note that later on you will be able to buy ULTIMA Farming Licenses and upgrade them only for the available 40% of the farming profit - ULTIMA Upgrade Balance! 🔥 ​ 🔥 The ULTIMA token plays a major role in the entire ecosystem, namely, it is used at [UltimaCashback.com](https://UltimaCashback.com), provides transactions on the [UltimaCard.com](https://UltimaCard.com) crypto debit platform and in other products. Don’t delay and become the holder of the up-and-coming and emerging ULTIMA token! ➡️ [ultimafarm.com](https://ultimafarm.com) Join r/PLC_Ultima_Community

colonycom

"Some “fictitious” regulatory bodies and organizations, as listed by the CSA, include the Financial Standard Commission FSC Canada, Financial Commission/Finacom PLC Ltd., and its associated entity, Blockchain Association."

jonbennison

I didn't say they built it. But they are responsible for maintaining it and improving it. National Grid is a PLC. Same with telecoms and water infrastructure. Now who is dangerously ignorant?

jonbennison

I didn't say they built it. But they are responsible for maintaining it and improving it. National Grid is a PLC. Same with telecoms and water infrastructure. Now who is dangerously ignorant?

Crypto17425

Basically is the button physically required by the hardware or is it just giving a command to the software/firmware to sign the transaction? On a machine an Emergency stop button has to be reset or the machine simply will not run as it opens a circuit that powers a critical component needed for a machine to run. (hardware) However almost every other function/switch/button is just telling a PLC to perform a certain action but these can be changed or even ignored by anyone with access to that PLC and even altered with a software update. (software) FYI - I still use my ledger devices but probably wouldn't be if they weren't going to open source there software.

lab-gone-wrong

>Garrison, who filed suit in the Southern District of Florida, also noted the decision of the Eleventh Circuit Court of Appeals in Wildes v. BitConnect International PLC, 25 F.4th 1341(11th Cir. 2022) . In Wildes, the court held that broadly disseminated communications, such as online videos, created with the purpose of soliciting the sale of securities for financial gain, could expose the promoter(s) to liability, “whether that solicitation was made to one known person or to a million unknown ones.” Wildes, 25 F.4th at 1347. In Wildes, promoters of what the court referred to as a “pyramid-on-Ponzi scheme” created promotional videos designed to draw in new investors—for example, a digital course entitled “Cryptocurrency 101” designed to teach investors how to create a BitConnect account and transfer Bitcoin into it—for which they earned commission. Id. at 1343—44. They aren't being blamed for FTX's collapse, they're being blamed for taking money to promote securities that they would get a kickback on without disclosing the kickback This sub will complain about anything as long as y'all dont have to take 5 minutes to understand it first

WimbleWimble

Most people think there's a big company either called "cryptocurrency international" or "Bitcoin PLC" and somewhere in a safe there's this big pile of gold coins with 'Bitcoin' written on them.

orville_w

CB will do what it needs to do to survive as a company. If they truly feel threatened by the US legislation climate then they won’t have any choice but to re-domicile. But, that’s not a small thing for them to do if they wish to remain a publicly traded company. Its an extremely burdensome task to shutdown a public company completely in the country where you listed your shares & then re-list your company on a new stock exchange in a totally different country under totally different laws & regulations. - (remember, the new entity would have to be the parent corporate HQ entity, & not a subsidiary & they’d have to have no significant subsidiary on USA soil in order to deny the US govt from having any real influence or leverage against their business). That’s just sounds very extreme to me & a whole lot of very difficult legal organizational structural work. They’d have to have a very big reason to do that.… like they’d have to feel existentially threatened. - which I doubt they honestly are. I personally think this is all just BS marketing posturing media bluster and attempted manipulation of the narrative to pressure the govt via social media popularism. Here’s a few publicly traded companies that re-domiciled themselves…. mostly for tax reasons or mergers. None of them were hated by a govt or had their existence threatened by a govt and all got to retain their regular operations in the US. (Coinbase won’t be able to do that easily or legally)… - The big one I can think of is Unilever Group when it’s coalesced & Unified it’s NV & PLC legal entities into 1 global entity in the UK under UK law. - Budweiser did this due to the INBEV acquisition and it’s legal HQ is now Belgium, but it’s still a big employer in the US and sells lots of beer in America; and the govt loves beer. - Medtronic moved it’s legal HQ to Ireland via an Inverted Inter-company reverse acquisition to cut its tax bill… but it has major operations in the US and… the govt likes it. and reverse acquisitions are now taxed badly. So they’re not popular vehicles anymore. - Purina pet food did this b/c it merged with Nestle. It still has large operation in the US and the govt doesn’t care about pet food or chocolate or bottled water. - Segate did it twice (to the Caymans and to Ireland) along with going private and also re-IPO’d. But again… the govt likes it’s HDD Tech industry. - Burger King did it & moved to Canada by going private & then selling itself to Canadian donut company Tim Hortons. But the govt loves coffee, donuts & hamburgers… and it has massive operations still in the US.

Flynn_Kevin

You'd be surprised at how much use Explorer still gets on legacy systems that control critical infrastructure, such as water and power. I've begged for funding to replace stuff like that with justifications like "critical hardware vulnerability that cannot be patched by firmware update for PLC units using Java on Internet Explorer could allow an attacker to take control of critical infrastructure vital to national security. Once in control, system parameters may be changed in a manner that could create emergency conditions such as electrical overloads, fires, floods, hazardous materials release, or disruptions to emergency services."

Bucksaway03

They are massive in the automations/PLC space

Cravensworth_redux

This is actually a good move. PLC with majority shareholders only really ensure that one person has too much say. Makes the companies static in reacting to changes if the owner wants to stick with tried and true. Plus, it's his money...

WimbleWimble

CW doesn't understand BTC at all. I mean he's a total dumbfuck. He asked the judge to order "a rollback" of the blockchain, with a court order against "Bitcoin PLC" (stop laughing at the back) He literally thinks there is a building somewhere thats BTC Headquarters, and they have some sort of machine that is the blockchain.

MyOtherAcctsAPorsche

Do you have any info about this particular project? (PLC Ultima / PLC Ultima X) No, sorry. What happens if I invest let's say $1000 into this? They offer monthly guaranteed return on the investment. Will I be able to withdraw my funds after the "1 year locking period" expires? HAHAHAHAHA fuck no. What happens is you lost $1000 and quite a bit of pride. This guy and his boss even told my girlfriend that for the next meeting she should ask me to go with here, which I am planning to do, because I want to see in real life how something like this happens. What are the questions I should ask them in order to trap them into admitting that it's a scam? I would advise against that, they are fully aware they are scamming people, at best they will end the conversation or give you very vague answers, at worst they could turn threatening or violent. Is there any chance I am just too skeptical and if I convince my girlfriend to get out of this situation, she misses on possible good money? No. If people could "guaranteed" sextuple their money we would all be trillionaires. A good serious investment gives a bit over inflation rates. Crypto is already quite a bit into the "gamble" territory, even with the most sane of investment strategies. The idea is simple, ask yourself what could they possibly be doing to earn enough on your money to guarantee a 600%, and still keep some themselves?

AntiquesAndSo

I am not aware of any information about the specific project PLC Ultima or PLC Ultima X. It is highly unlikely that you will be able to withdraw your funds after the "1 year locking period" expires in a Ponzi scheme. In a Ponzi scheme, returns to earlier investors are paid using the investments of new investors. When new investments slow down or stop, the scheme can collapse, and investors can lose all or a significant portion of their investment. To determine if this is a Ponzi scheme, you can ask questions about the specifics of the investment, such as how returns are generated, what assets are being invested in, and the track record of the people involved in the project. Additionally, you can research the company and the individuals behind it, and look for red flags such as promises of guaranteed returns, pressure to invest quickly, and difficulty in getting clear answers about the investment. There is always a risk involved in any investment, and it is always possible that a seemingly promising opportunity may turn out to be a scam. It's important to thoroughly research and understand any investment before putting your money in, and to be skeptical of promises that seem too good to be true.

Ramdom_c-137

The story in mainstream press is currently under review from their editors, I'm working with a ghost writer called Seamus. We're aiming to be in the Sun newspaper in the coming days as a 24h exclusive and will be working with Reach PLC shortly afterwards to deliver this story to over 200 media outlets

StockTrix

Polkadot Pensions PLC here. Shareholder: 1. Me !

WebDevKlein

What networks utilize their DLT for services other than DEFI and fiat transfers? I can only think of one project that currently processes data on PLC's (Product Life Cycles) and stores the information on chain (cough cough graph). The rest of the world doesn't give a shit about moons because it provides no absolute value to people's lives outside of this sub. However, if we can use a DLT to measure wasted resources we could lower the costs of goods by diverting said products to high-demand areas. Just a thought. Good luck.

jeanlucriker

I quite liked the design of Mode. They were obviously better alternatives if you wanted to use an exchange but still another one bites the dust.. They also sent this email out: On 19 Jan 2023 Mode Global Holdings PLC announced that it has been unsuccessful in securing additional funds as part of our fundraising efforts. As a result of this, we kindly ask you to move your funds from the Mode app. While we are preparing ourselves for this moment, we can not measure how thankful we are for you being our customer. Thank you for the trust given to our product and our team. It is with that in mind that we are being extremely mindful of the impact and duty of care to all our customers, employees and shareholders in light of this news and we are taking all the necessary measures to remediate this situation. If you wish, please generate a statement on your account to keep a record of your activities. You can do it by following these instructions. What now? According to our terms and conditions, we need to provide you some time to move your balance to another provider after notifying you, however, we recommend you do this as soon as possible. You will have the ability to exchange to GBP or send your tokens to another provider.

Digitechnomad

PLC Ultima is a Ponzi scam run by a grifter called Alex Reinhardt dont touch it with a barge pole lol

Lunar_Horticulture

Big Egg PLC will be around to collect your privately farmed chickens, can't have the gol - sorry eggs in the hand of the general public

anthraxbite

Interesting to see that this London PLC has a Statement of Capital (Share Capital) of (just) 1 (one) GBP.

Despaciito

To the moon airlines PLC 😁

Cravensworth_redux

Because that's not how it works. Liability is going to be a long drawn out battle. That is why PLC/LTD companies are a thing, so any nasty bullshit is the fault of "the company" not any individual. Getting this rich man into a cell is sadly highly unlikely but if it does happen, it'll be a long way down the road.

ValsinatsKrrt

We had an inside joke with our mates that our ex PLC programming teacher ( great and funny dude )is Satoshi But maybe it was Boris all along.

Cravensworth_redux

This is their dream. Gather information, assimilate resistance, sell compliant audience to highest PLC.

Das-DoktahJay

What’s the ticker on that one? $PLC?

konovalov2018

The $PLCU Ultima ecosystem features a suite of high-tech products — the PLC Debit Card, a proprietary payment system, a marketplace, a crowdfunding platform, a KYC platform, as well as cashback programs that allow users to buy cars, real estate, food etc with savings up to 50%! The last but not the least team has burnt 2000 $PLCU so far. Almost 38 millions $$ worth. Furthermore, in the long run, such actions performed by the company help to create an additional increase in the price of the coin. Join r/PLC_Ultima_Commumity for more info

liwagik455

So, let us tell you why this week is the best time to buy packages and secure your profits for the whole year! 1.) August 31 is the last day you can buy a PLCU minting license to mint the ever-growing coin for the whole year! More and more community members are buying farms and loading them up with coins reducing the available market supply of the coin. 2.) At the same time, the PLC Ultima team keeps burning coins actively, and this also increases our coin's value, according to the crypto market laws! 3.) Every week more and more people are learning about PLC Ultima. Amid rising media popularity of the project, the community is growing every day, and now it is close to 1,400,000 people! Community members buy coins to participate in infrastructure projects and thus strengthen the coin. 4.) The PLC Ultima team has been actively developing the ecosystem. Right now, we are working hard on cashback programs and are going to announce some cool news very soon! Just a few days are left to acquire minting licenses at the most favorable conditions and then get the ever-growing PLCU coins for the whole next year! Also Join r/PLC_Ultima_Commumity for more info

alinadaniluk

So, let us tell you why this week is the best time to buy packages and secure your profits for the whole year! 1.) August 31 is the last day you can buy a PLCU minting license to mint the ever-growing coin for the whole year! More and more community members are buying farms and loading them up with coins reducing the available market supply of the coin. 2.) At the same time, the PLC Ultima team keeps burning coins actively, and this also increases our coin's value, according to the crypto market laws! 3.) Every week more and more people are learning about PLC Ultima. Amid rising media popularity of the project, the community is growing every day, and now it is close to 1,400,000 people! Community members buy coins to participate in infrastructure projects and thus strengthen the coin. 4.) The PLC Ultima team has been actively developing the ecosystem. Right now, we are working hard on cashback programs and are going to announce some cool news very soon! Just a few days are left to acquire minting licenses at the most favorable conditions and then get the ever-growing PLCU coins for the whole next year! Also Join r/PLC_Ultima_Commumity for more info

sigridweber

Bear market is the time to pick up worthy projects. Moreover if it is old school PoW coin like PLCU Thats why I aped into it. ETH miners will switch over there but emission is going to be cut in September so People will fight over coins available on the market when emission stops. Price is primed for the run LFG I bet a a lot on $PLCU CEO Alex Reinhardt is one of the most influential crypto industry players in the world according to the famous American business publication the Entrepreneur. He knows how to do business. Time to be decisive. Follow r/PLC_Ultima_Community

EffUtube

First of all, ty for the laughs. The part where you would like airplanes to run Haskell is really lol. Second. Imagine Haskell running PID on PLC. I cant even. We would be flying, never. Third. Nobody cares. Imagine going to store and buying bread and the clerk be like "you can collect your bread tomorrow when we run all the transactions".

MattCrypto420

This. We’ve got alot longer to wait until the world is in a position to throw money at such a risky asset class (at least enough to cause significant price movements) Going off what I’ve been hearing from my works suppliers and customers everyone is trying to get as much money in and not let go - no one’s paying in full, PLC suppliers have massive order books but no sales (due to chip shortages), shipping estimates are up to 10 months in some cases So yeah no one’s going to pumping in trillions into crypto any time soon - we’re on the edge of the recession cliff we are going to jump in any time soon

Serene-dippity

If I smash your favourite sports trophy \_ i am liable in law to replace it. But if I am bankrupt I don't have to. Bankruptcy limits liability. A "**limited** **liability** company" whether LLC, PLC, Delaware GMbH , SA whatever that goes belly up does not have to give you anything back if they have lost - Why because they have nothing to give ! On the other hand if you have a scrap of paper (or better a secure list) of your seed words nobody can take it from you and nobody can guess it. The odds of guessing it are like - hey there is an atom somewhere in the universe - if you can name its position you win. Just like if I can guess your pin code I win.

Xoluxxer

The year is 2022 and legally mandated PLC data isn’t relevant lol..

Headsplitter

The entry price actually isn't thaat high. There is multiple different farms ranging from 0.05 to 1 PLC Ultima coin capacity. So the cheapest farm right now is like 330$ and you can fill it with anything below 0.05 coins and just fill it as you go and earn 50% every month... They had another project Platincoin or Platinumcoin before that just dumped at some point. Now they are looking for new investors like crazy - I have been spoken to by 2 different friend groups about this and trying to be dragged into it. One of my friends is even advertising for them now because he got a car and watch for 50% off - expensive stuff as well. Apparently those 50% you pay are going straight back into the coin in a farm. So within 4-5 months the CEO made the other 50% back which my friend saved. So once liquidity stops flowing in and a couple of months pass the price should theoretically just dump - unless people actually don't sell and just invest more and more... I don't know how obvious ponzi schemes and scammers can just start a new project and people will invest. This is beyond me.

AutoModerator

Post is by: Headsplitter and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/twtx8q/plc_ultima_a_ponzi_scheme/ Hey folks, Can you please tell me if I am missing something or this is a huge ponzi scheme with a bubble just waiting to burst as soon as new investors stop pouring in? I am talking about PLC Ultima. Their Farm project gives beyond 50% monthly payout. You have to buy the coin - lets say 1 coin - for currently 100000$. Then you have to buy a farm at like 40000$ (the farm is actual cost and you can't sell that farm). Apparently when you are a member you also get luxury items like cars, housing and watches for 50% the price (wtf? just a marketing stunt to get more investors? I have seen prove of that actually happening...) Why I am asking is because I have some friends doing very well for themself. Just investing and having a nice life. They have a decent following and are not advertising this crap... Please tell me I am missing something I would feel bad for all the people investing in this... 50% per month is not sustainable, right? The price pumped from 27k one month ago to currently 112k... Honeypot for one year? When people actually are able to sell their staked coins the devs just pull the rug and milk the pot? Sry for bad formatting and language skill - thanks for taking the time :) *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*

jakekick1999

Either you are trying to sell the token to us using some weird emotional manipulation or you actually want some advice but here some direct quotes from their white paper: >The goal of PLCU is to ensure that everyone can easily gain access to cryptocurrencies,using PLCU not only to buy anything, anywhere, **but also producing PLCU coins on their smartphone** So your phone is either going to be used as a proof of stake miner or some other form of malware. >In the PLC Cryptosystem ... technologies, gaps and shortcomings in the concepts behind Bitcoin and other coins will be taken into account and corrected. At the same time, we aren’t competing with other coins in the existing market, but creating our own market, where we plan to firmly occupy the leading position So you will overcome the problems with others buut not compete with them. Then why rectify their mistakes ? Why mention them at all in your white paper ? It's also a proof of work coin running the cryptonight algorith which it proudly says is used my Monero while in reality Monero now uses RandomX It also says established in 2016 but their twitter handle is only created in Nov 2021. Plus loads of Mumbo Jumbo like referring to the gold rush. If you have any sense, stay away from this

OwenMichael312

https://www.academia.edu/34760787/IMPLEMENTATION_OF_AUTOMATIC_METRO_RAIL_USING_PLC_AND_SCADA PLCs are what we're exploited by stuxnet in Iran, so yes. Most of these are closed networks without access to the internet, but that didn't stop a usb from dropping the payload in Iran's airspeed network. https://en.m.wikipedia.org/wiki/Stuxnet

Drama_of_the_lamas

My friends ask “why don’t you program a trading bot to do all the work, your a programer.” I program HMI’s and PLC’s….. so close yet so far.

ducks_09

Lol I feel like we did the same program…I did power systems and automation. I went the PLC/automation route rather than power systems. And feel like I forgot all the C I learned.

csilvers_yt_90

Beware of scam! & DYOR! Original CA of PolloLoco $PLC is 0x72f9c56c34c8b38d0c5084ca856b36c1e6162067. And link to BSCscan: [https://bscscan.com/token/0x72f9c56c34c8b38d0c5084ca856b36c1e6162067](https://bscscan.com/token/0x72f9c56c34c8b38d0c5084ca856b36c1e6162067)

tomkim1965

It’s got to be my 323,804.5 PLC it’s currently at 0.000 but I expect to be a billionaire any day now.

explorer-9

MSTR is 23% owned by Michael Saylor, its a PLC not a LTD, the remainder is owned collectively by a huge number of people. Addresses with <10 BTC hold 14% of the supply, but large chunks of the remaining supply are held by exchanges on behalf of huge numbers of people, or GBTC on behalf of huge numbers of people, or institutional investors on behalf of many many people, or the Swiss or Canadian Bitcoin ETFs, or custodial bitcoin wallets, or Mt Gox creditors, or lost.

cronycapitalusa

Programmable logic controller. Every piece of machinery that you see in factories I. E. Bottling plants(high volume), the machines that make and package the biscuits at Pillsbury, the lines that coordinate robots for welding in auto manufacturing plants. Every single one of these machines is controlled with a PLC. Whenever you still at a stop lights you're interfacing with a PLC unbeknownst to yourself. There are pressure plates in asphalt that trigger logic for the lights to queue you up to receive a green light. Haven't you noticed how the lights behave differently at night opposed to during the day when traffic is heavier. The lights have different modes based on the time of day. At any traffic light intersection if you look around there's usually a box on one of the corners. Which is where the PLC is housed for the traffic lights. A controls engineer programs these. Allem Bradley (Rockwell automation) is king in America and headquartered in Milwaukee, WI. In Europe Siemens is king. You'll find Mitsubishi PLC's as well, but they are much rarer. These are the manufacturers of the hardware and software developers. To access a Allen Bradley PLC you must pay a yearly subscription of about 5-10k per head. This software is called RS Logix 5000. (Most traffic lights in America use Allen bradley.)

No-Sympathy5834

Whats PLC?

cronycapitalusa

I'm not angry I'm stating the plain facts. For far too long women have gone unchecked especially in the black community(I am a black man). Women need to hear this, take it in, and understand it. What I say is wholly true and they will hate me for stating the facts. The most important people in society are the infrastructure people, because when they disappear society collapses. Bridges go unmaintained and start to fall apart. Pipes within the city go unrepaired and houses go without water. Too many people live in this society with little understanding of how it works. Did you know every city light system in the world runs on a PLC. Do you know what a PLC is?

Drama_of_the_lamas

Tell me one project in the crypto verse that is perfect? You ever try to code a project half this big? I program PLC’s and HMI’s and work with guy who code programs from scratch. I have allot of respect for anyone who can dedicate the amount of time it takes to run any successful block chain.

sylsau

Since 2000, banks around the world have had to pay more than $332 billion in penalties for violations of rules in the financial services world. The reasons for these violations are varied: * Mortgage abuses. * Fraud. * Toxic securities abuses. * Investor protection violation. * Economic sanction violation. * Consumer protection violation. * Foreign Corrupt Practices Act. * Anti-money-laundering deficiencies. * Banking violation. * False Claims Act and related. * Foreign exchange market manipulation. * Price-fixing or anti-competitive practices. * Interest rate benchmark manipulation. * Tax violations. I’ll stop here, but I assure you that the list is long. So here is the ranking of shame among banks, i.e. those with the highest total amount of penalties since 2000: 1. Bank of America - $82B 2. JPMorgan Chase - $35B 3. Citigroup - $25B 4. Wells Fargo - $21B 5. Deutsche Bank - $18B 6. UBS - $16B 7. Goldman Sachs - $16B 8. NatWest Group PLC - $13B 9. BNP Paribas - $12B 10. Credit Suisse - $10B

sylsau

Since 2000, banks around the world have had to pay more than $332 billion in penalties for violations of rules in the financial services world. The reasons for these violations are varied: * Mortgage abuses. * Fraud. * Toxic securities abuses. * Investor protection violation. * Economic sanction violation. * Consumer protection violation * Foreign Corrupt Practices Act. * Anti-money-laundering deficiencies. * Banking violation. * False Claims Act and related. * Foreign exchange market manipulation. * Price-fixing or anti-competitive practices. * Interest rate benchmark manipulation. * Tax violations. I’ll stop here, but I assure you that the list is long. So here is the ranking of shame among banks, i.e. those with the highest total amount of penalties since 2000: 1. Bank of America - $82B 2. JPMorgan Chase - $35B 3. Citigroup - $25B 4. Wells Farfo - $21B 5. Deutsche Bank - $18B 6. UBS - $16B 7. Goldman Sachs - $16B 8. NatWest Group PLC - $13B 9. BNP Paribas - $12B 10. Credit Suisse - $10B

PulsatingShadow

[Nick Land](https://youtu.be/2PMGuNZreWA) is the greatest [philosopher](https://s3.amazonaws.com/arena-attachments/406213/42bdb859549f609953a0ca61aca0bee3.pdf) of our [time](https://www.youtube.com/playlist?list=PLC_87I4vjVQMrkkOQXo-kZGCFog3cTxfB).

CONSOLE_LOAD_LETTER

Thank you, \[it does seem that Gemini has insurance for digital assets through Aon PLC\](https://www.investopedia.com/news/gemini-exchange-insures-crypto-assets-through-aon/). That's an interesting development, hopefully more exchanges will follow suit (and also actually follow through on reimbursements should they become necessary).

kemar7856

my portfolio dogecoin 10% shib 15% mypetdefi 5% safemoon 40% MM 20% 1coin 5% PLC 5%

tomkim1965

I can give him my 323,804.5 PLC coins I think they will MOON any fucking day.

tomkim1965

I have 323,804.5 PLC tokens if anyone is interested in buying them DM me😂

spacethingies

Interesting, in the EU they're pretty much hosted on a website from each government, along with details about the directors and owners. And a company website or invoice will list the company number. That's how you know you are dealing with a legitimate place. For example Ian Durant is a director of Greggs PLC: https://find-and-update.company-information.service.gov.uk/company/00502851/officers

BhristopherL

Where is the valid concern? This comment is looking at the chart to speculate about the future of a coin. That makes no sense at all. Technical analysis doesn’t work for industries in the adoption stage of the PLC. Has there been growth in transaction volume? New wallets created? Nodes operating? These are what will determine the future of the crypto. Looking back at how apes bought in 3+ years ago means LITERALLY nothing in 2021.

Costanza55

No problem, also one called Clear Leisure PLC has just changed its name to Quantum Block Technology or something. Not listed many places right now, but one to look out for I think.

RedactedRedditery

I'm an electrician/automation guy that works in water and gas control systems. The **vast** majority of the infrastructure installations that I have worked on have been woefully unprotected. They'll have a guard with a machime gun on a tripod at the front gate and then have the PLC on an unmanaged router. My point is, breaking in probably didn't take the brains that you would think it did.

Arghmybrain

Look at that! We have green! * Despite green, we're still crabbing and the daily comments at 17k show that. * Market cap increased to 1.7t * BTC hit 38k again and held it for a short while. * USDT gets kicked down to rank 4 and many cheer. * DOGE pumps to 42 cents and many scream. * ICP stands for I Can't Pump. * ALGO does non-algo things and pumps. Iota does the same. * DOGE sees another shill invasion with the main topic being "we were right, just start buying doge!" * ALGO sees too many comments. * Bulls are strongly alive in what's left of the daily. * In the top 100, the biggest gainers are OKB with 32% and KSM with 24%. * The losers lose barely anything. * Perth Mint Gold Token gains OVER 9000%! Now valued at $182429... Okay, something is screwy there. But fun! * Top 500, PLC does 420% gains... BADGER is second with 40% * LYXE is the only double digit loser with 11% * The mental image of the day is confusion cartoon style. Bunch of question and exclamation marks above people's heads.

IndustrialMaint

I'm certified in AC/DC Electricity and PLC's bud. I also know how to make adjustments in the code. They come with manuals...

Jollyapeinheaven

A Standard Chartered PLC (STAN.L) unit intends to establish a cryptocurrency brokerage and exchange platform in Britain and Europe, targeting institutional clients, the bank said on Wednesday.

coinfeeds-bot

tldr; Standard Chartered PLC is to set up a cryptocurrency trading platform in the UK and Europe. The venture will be aimed at institutions and will be developed through a joint venture between its digital arm SC Ventures and BC Technology, which operates Hong Kong-licensed cryptocurrency exchange OSL. Notably, HSBC has no plans to establish a cryptocurrency platform or to sell them to clients.{} *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

automated_care

Argo Blockchain PLC are listed on the London Stock Exchange

tpedde

# 1. Rule "Prefixes" and ICC For anyone confused on the prefixes, DTC, ICC, and OCC are all different clearing entities and they all submit their own rules. They all operate different parts of the market. In a more general sense, DTC = stocks, ICC = default swaps, OCC = options. Since we're talking ICC, you probably want to know who's a member of them. Well, it's banks. Lots of banks. Lots of big banks for that matter: >ICC apparently operates the NYSE group. > >ICC is composed of all of these banks: Bank of America, N.A., Barclays Bank PLC, Barclays Capital Inc., BNP Paribas, BNP Paribas Securities Corp., BofA Securities, Inc., Citibank N.A., Citigroup Global Markets Inc., Credit Suisse International, Credit Suisse Securities (USA) LLC, Deutsche Bank AG, Goldman Sachs & Co. LLC, Goldman Sachs International, HSBC Bank USA, N.A., HSBC Bank plc, HSBC Securities (USA) Inc., JPMorgan Chase Bank, National Association, J.P. Morgan Securities LLC, Merrill Lynch International, Morgan Stanley Capital Services LLC, Morgan Stanley & Co. LLC, Nomura International PLC, Nomura Securities International, Inc., Société Générale, SG Americas Securities, LLC, The Bank of Nova Scotia, UBS AG, London Branch, UBS Securities LLC, Wells Fargo Securities, LLC # 2. New Rule Summaries **SR-ICC-2021-008 -** https://www.sec.gov/rules/sro/icc/2021/34-91918.pdf * Approved and I believe in effect. * Updates to their "model" on determining margin requirements / risk management. * Makes a note that the model will take into account scenarios of **extreme price decreases and extreme price increases**. * The model will take into account **hypothetical extreme movements**. So it is forward-looking. If they determine a security **will have** an extreme movement, they'll take that into account in their model. AKA, "X is going to go up next week. We are going to calculate your risk is based on IF it actually goes up". **That's nuts!!** * Pair this with SR-ICC-2021-007, the haircut rule, which eliminates some collateral, and you've got an easy way to just rip the plug from these guys and margin call them (have a defaulting member). SR-ICC-2021-007 will be in effect TOMORROW. **SR-ICC-2021-007 -** https://www.sec.gov/rules/sro/icc/2021/34-91894.pdf * Updates to haircut rule and collateral that can be used for your capital. * Haircuts are additional subtractions to your total capital. You want to maintain enough capital to not default. * They are allowed to introduce higher haircuts depending on volatility of securities and the general market. Easier to margin call. * Badly-backed collateral cannot be used any more, which eats away more at your net capital. * E.g. Think of Citadel's BBB- bonds. Those are poorly backed, literally the worst kind of bonds. If you had $600 million in these bonds as collateral, then the ICC could say, "Nope. Can't use that". **It's possible that the $10-15 Billion bonds the big banks got in April are going to be rejected for collateral.** **SR-ICC-2021-014 -** https://www.sec.gov/rules/sro/icc/2021/34-91922.pdf * Immediately effective, but starting **June 1, 2021** * They're giving discounts on credit default swaps to make them more enticing for the 2nd half of 2021. * This implies that nobody is going to want to do default swaps with ICC while in a suffering market. So they're introducing incentives to hopefully bring in more customers. * They are giving out \~25% discounts, which seems pretty damn big. **SR-OCC-2021-006 -** https://www.sec.gov/rules/sro/occ/2021/34-91920.pdf * Reducing fees of option contracts for clearing because they believe it can be reduced while still maintaining enough revenue for the OCC. * Just them wanting to reduce fees to the OCC members because they have enough money sloshing around already. * They propose it will come into effect **June 1, 2021**, "because OCC believes that this date is the first date that the industry could be prepared to process the new fee without disruption based on consultations with market participants." * Does this mean they expect some disruption between now and June 1? Maybe. **SR-ICC-2021-005 -** https://www.sec.gov/rules/sro/icc/2021/34-91806.pdf * Already in effect as of Friday, May 14, 11:59PM EST. Literally last minute filing. * This is basically the DTC-004 equivalent for ICC. This is their unwinding plan in the event of extreme market stress in order to remain afloat by wiping out members with high risk positions. * Something really cool is they'll not only wipe out members who default on a certain security, they'll wipe out similar positions in that same security of all their other members IF it's high risk/stress to the market. E.g. if a member defaults due to their position in X, then they'll cascade that to all other members who hold a position on X and tell them to get rid of it. This could inevitably lead to more defaulting members. * This means ICC is getting ready for member defaults # 3. Other TL;DR 1. SR-ICC-008 will perform a **HYPOTHETICAL** situation of extreme price movements when determining margin requirements. 2. SR-ICC-007 will rip their collateral from them and introduce higher haircuts, making the model from 008 easier to hit their risk threshold and be margin called. 3. SR-ICC-005 will cause all other members to eliminate their risky position if it causes any member to default from that same position. Cascade/snowball effect.

tomkim1965

For the people that have any doubt I have 323,804.5 PLC coins to sell to you really really cheap😂

EnzoYug

Iconic Holdings and Iconic Labs PLC are totally different companies. The Iconic Labs that owns UniLad is about as far from a Bitcoin VC firm as possible.

pudds

Iconic Labs PLC (Harrington's company) and Iconic Lab Holdings (in your video), appear to me to be different companies. https://i.imgur.com/u0gkuFL.png

joecortes2020

Argo Blockchain PLC said Wednesday that its revenue in March rose to 6.6 million pounds ($9.1 million) on the back of higher prices and production. The cryptocurrency miner said that based on daily foreign exchange rates and cryptocurrency prices during the month, mining revenue in March was GBP6.6 million, up from GBP4.3 million in February. This brings mining revenue to GBP13.4 million for the first quarter, the most profitable three months to date for the company. "I'm delighted that Argo has generated record mining revenue and profits for the third month in a row, making this quarter Argo's best performing since the company's inception," Chief Executive Peter Wall said.

areyoudizzzy

🚀 FAIRSECURESAFEMOONCOIN LTD PLC. 🚀 100% locked funds no rug, migratory code removed, 150% burned with every transaction for deflationary yield farming airdrop distribution to miners. 📈 50% of all tokens in circulation redistributed to every single holder every 14 seconds!!! 1,000,000,000,000,000,000,000,000 at launch 3 hours ago and now only 10,000 left in circulation! 🤯 BUY BUY BUY BEFORE YOU'RE TOO LATE 🚀

Floodgatassist

honestly i believe that's true. Over the last few years i only have met one guy who's mining ETH plus a few more people using etoro/coinbase or the like to buy BTC with fiat. No knowledge about alt projects, the market, tech, nada. Last few months - got a lot of questions from a bunch of (suddenly) interested colleagues and friends. And i'm a PLC programmer surrounded by fullstack developers, so in a very tech-affine pool of highly educated people. It took us a decade to get more than just an eyebrow raised. My conclusion for now is that crypto just entered the very first stage of mass adoption. People finally want to understand the cryptospace, blockchain technology and the market, even if for now most of them only give us attention for the possibility of making profit. It's extremely eary imo. After twelve years it's still freaking early.

tscottn

This guy is just trying to sell you information. Look at the end of his report. For a limited time if you act now he will reveal the name of the next trillion dollar alt coin.. hahaha. F this guy. "Back in 2016, I recommended bitcoin, what became crypto’s first trillion-dollar coin by market cap. That’s why last week, [**I revealed what I believe will be the next $1 trillion crypto for free**](https://secure.palmbeachgroup.com/?cid=MKT531886&eid=MKT532771&step=start&plcid=PLC097084). [**There’s still time to catch up. Just click here to stream the recording**](https://secure.palmbeachgroup.com/?cid=MKT531886&eid=MKT532771&step=start&plcid=PLC097084)… you don’t want to miss out."

airgappedsentience

Equals Group PLC (EQLS) is the company in question.

2Th3rds

I am literally working on automating my job currently. AI that writes PLC code based on machine criteria. We have also created stand alone course material that, when used in conjunction with small automated cells, instructs noobs on the basics of automation. So yes, I could, and am.