UPDATE!
Shit happens.🙃
We have rescheduled #CryproBarons on the #DCG201 LIVE Stream for Sunday, February 16th at 3pm EST!
We'll be #hacking the #Soneium #blockchain and #web3 ecosystem!
@defcon #fediverse #mastodon #crypto #playstation #stateofplay
UPDATE!
Shit happens.🙃
We have rescheduled #CryproBarons on the #DCG201 LIVE Stream for Sunday, February 16th at 3pm EST!
We'll be #hacking the #Soneium #blockchain and #web3 ecosystem!
@defcon #fediverse #mastodon #crypto #playstation #stateofplay
#SEC Drops #Binance Lawsuit Days After #Crypto Exchange Lists #Trump’s #Stablecoin
The Securities & Exchange Commission dropped a lawsuit against Binance on Thursday, days after the crypto exchange began listing a stablecoin created by #WorldLibertyFinancial, one of Trump’s #blockchain ventures.
#law #corruption #billionaires #Broligarchy #plutocracy #kleptocracy #fraud #crime #felon47
https://www.forbes.com/sites/zacheverson/2025/05/29/sec-drops-binance-lawsuit-trump-stablecoin-listed/
The House Financial Services Republicans and the White House (now deleted) tagged either a hacked or fake account in their announcements that Paul Atkins was sworn in as SEC Chair. The "Atkins" account immediately started asking for crypto.
Newsletter: Crypto reserves: no public good, no principles
The formerly anti-government bitcoin movement abandons its principles in favor of number-go-up, applauds federal plan to stockpile seized crypto with no clear benefit to national interest
https://www.citationneeded.news/crypto-reserves-no-public-good-no-principles/
just checking in on the financial revolution that was meant to sidestep banks, tech giants, and the state
Frankly I think the majority of the crypto backlash to the anti-trans Solana ad was because they made it too obvious that they've realized anti-woke MAGA reactionaries are the latest marks
Newsletter: Dubbing it “Operation Choke Point 2.0”, cryptocurrency companies have co-opted legitimate concerns about banking discrimination to fight regulation — and Congress is buying it.
https://www.citationneeded.news/crypto-industrys-debanking-smokescreen/
Representative Raskin cited my analysis in his letter investigating Trump’s memecoin dinner
https://www.citationneeded.news/trump-memecoin-dinner-guests/
Newsletter: Trump continues to dismantle crypto enforcement while expanding his personal crypto empire.
Most recently, Trump has called the DOJ off cryptocurrency enforcement and dismantled the agency's crypto enforcement team.
It still seems hard to believe, but in the last #Congress, the #House #Republican majority formally launched an #impeachment inquiry against Joe #Biden. The endeavor never made any sense, but the underlying allegation was that the Democratic president was somehow the beneficiary of a weird #bribery scheme.
#law #Constitution #EmolumentsClause #ForeignAsset #Compromised #NationalSecurity #InfoSec #Trump #crypto #grift
https://www.msnbc.com/rachel-maddow-show/maddowblog/trumps-controversial-meme-coin-contest-proves-predictably-profitable-p-rcna203293
Prosecutors have requested Alex Mashinsky, CEO of the collapsed Celsius cryptocurrency company, be sentenced to at least twenty years in prison for his "sustained, calculated campaign of deceit carried out over years, targeting ordinary people."
https://www.courtlistener.com/docket/67604619/144/united-states-v-mashinsky/
Coinbase announces it's joining the S&P 500 and then announces a serious data breach two days later
oof
Newsletter: Crypto traders are spending millions of dollars on TRUMP memecoins to buy access to the president at an upcoming private dinner, exacerbating existing ethics concerns. 73% of the attendees are likely not American, only adding further concerns over foreign influence.
https://www.citationneeded.news/trump-memecoin-dinner-guests/
With 16 Democrats voting in favor, the GENIUS Act stablecoin bill has passed cloture in the Senate.
Alsobrooks (MD), Blunt Rochester (DE), Booker (NJ), Cortez Masto (NV), Fetterman (PA), Gallego (AZ), Gillibrand (NY), Hassan (NH), Heinrich (NM), Lujan (NM), Ossoff (GA), Padilla (CA), Rosen (NV), Schiff (CA), Slotkin (MI), Warner (VA).
SCOOP: Trump to launch branded crypto wallet and trading application, encouraging his supporters to purchase his memecoin and other crypto assets.
Absolute chaos. After my scoop about the upcoming launch of a Trump Wallet by Magic Eden, in cooperation with the $TRUMP memecoin team, Magic Eden pushed out their announcement. Both Eric and Don Jr then repudiated the project, stating they had no prior knowledge.
I'm finally moving over to Radicle (https://radicle.xyz) instead of switching to another centralized code forge (like GitHub, GitLab, Codeberg, etc.). I definitely love the idea behind a #P2P code forge and I'm hopeful for Radicle's future, but I do have some reservations starting off:
1) Despite talking a lot about freedom and privacy in the tutorial, the group building Radicle (https://radworks.org/) is planning to sell hosting and make a profit via an Ethereum-based cryptocurrency (https://www.tally.xyz/gov/radworks) as well as NFTs and smart contracts. Some big Libertarian red flags there.
2) At some point there was a Swiss nonprofit "Radicle Foundation", but this now seems to be a for-profit venture (see https://radicle.xyz/history). I wish it could just be a nonprofit.
3) In the user guide chapter on private repos (https://radicle.xyz/guides/user), it says that I need to use a public DNS address trusted seed node to share the repo. I understand there's no DHT here, but I hope it's not too much of a pain to run this over my local network instead of the internet. (And yeah, I know I can use git locally, I just want to test Radicle locally.)
Overall, I think that if radworks turns out to be evil it will be a way easier transition to fork Radicle than it has been to leave GitHub, but I still wish I didn't have to worry.
#Programming #CodeForge #Radicle #GitHub #GitLab #Codeberg #FOSS #FreeSoftware #VersionControl #crypto #Cryptocurrency #NFT #DAO #SmartContract #Ethereum #Libertarian
Adam Levitin on the GENIUS Act: “[I]n regard to cash deposits, the stablecoin investors will have priority over the claims of ma-and-pa for their bank deposits (and thus over the FDIC's subrogation claim when it pays ma-and-pa). Yes, you read that correctly: Congress is about to put the claims of stablecoin investors ahead of ma and pa's bank deposits. That's just stunning. Now ma-and-pa's deposits are FDIC insured, so they'll be alright, but it means the FDIC's Deposit Insurance Fund is footing the bill. In other words, the GENIUS Act is subsidizing stablecoin issuance on the back of bank deposits. By subordinating the FDIC's subrogation claim in a bank insolvency to the claims of stablecoin investors, the GENIUS Act is effectively letting FDIC insurance leak out to cover uninsured stablecoins, without any insurance premiums paid.”
i think i need some red string
I think this is a more or less up-to-date map of the businesses, LLCs, and people associated with the Trump family crypto projects.
GENIUS Act (stablecoin bill) has passed the Senate.
Newsletter: As Trump’s web of crypto projects gets tangled up in itself, a regulator warns of “regulatory Jenga” in the crypto sector that echoes the 2008 financial crisis
Senator Kennedy spends his time during the hearing on crypto legislation demanding that law prof Richard Painter apologize to Senator Gillibrand for tweeting that she accepted $217,000 in crypto industry money, then attacks Painter as a "whackjob" after he says Kennedy should focus on the bill.