Newsletter: Crypto firms hope putting a blockchain veneer on traditional equities will allow them to sidestep lessons learned in the 1929 Wall Street crash, crypto firms look to become banks, and Congress celebrates crypto surveillance while claiming to outlaw it
crypto
i believe a thank you is in order for the sponsors of today's military action
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'Not going to tell you,' Bondi flips out & refuses to answer after being pressed by Sen Merkley.
On Trump's #crypto scheme, AG Bondi became angry & refused to answer Qs on whether foreign influence is affecting decisions being made by Trump.
"Many folks who attended this dinner were buying those claims bc they wanted to influence policy." He listed suspicious foreign characters at the dinner. “Don't you think the American people have a right to know?"
#Corruption #USPol
https://www.rawstory.com/pam-bondi-2672435040/
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Federal Housing Finance Agency Director William Pulte: “After significant studying, and in keeping with President Trump’s vision to make the United States the crypto capital of the world, today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage”
#crypto #cryptocurrency #USpol #US politics
The scale of Trump's pay-for-access scheme outlined by the Times is mindblowing. Crypto contributions resulting in business deals with the Trump family crypto businesses, oil companies buying influence and later reaping benefits from friendly policies, and a $1 million pardon.
The House has passed the GENIUS Act stablecoin bill, sending it to Trump's desk where he will sign it. They've also passed the CLARITY Act crypto market structure bill and the Anti-CBDC Surveillance State Act, both of which still need to go to the Senate.
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#Crypto Industry Reaches Milestone With Passage of First Major #Bill
After a week of squabbling in Washington, the #cryptocurrency industry secured one of its primary legislative objectives & made progress toward a second one.
#Trump #broligarchy
https://www.nytimes.com/2025/07/17/technology/crypto-industry-milestone-legislation.html?smid=nytcore-ios-share&referringSource=articleShare
FT: "Donald Trump is preparing to open the $9tn US retirement market to cryptocurrency investments ..."
Trump is seeking to direct Americans' retirement funds to a sector in which he and his family are heavily invested.
https://www.ft.com/content/07906211-5ab8-4917-bcad-5397c0bc3170
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This week's net.wars, "Revival", ponders the purported death of Bluesky and the company town potential of large companies exploring stablecoins: https://netwars.pelicancrossing.net/2025/06/27/revival/ #NetWars #SocialMedia #Crypto
Great, informative writeup of Cryptographic Gotchas: https://gotchas.salusa.dev/
Lots of fantastic references and links in there, too.
I made this QR code for my Arweave address if any crypto bros feel like supporting my work 😄
Newsletter: Crypto bills have passed the House with “2, 3, 4 o’clock” phone calls from Trump to give “a little love” to Republican holdouts, $6.9 million in crypto lobbying, and a $141 million midterm threat. The bills feature few consumer protections and destabilizing loopholes.
Newsletter: Trump’s crypto empire attracts more foreign millions, the FHFA pushes crypto on mortgage lenders, and Mamdani’s mayoral primary win makes billionaires sweat.
Sundog, a memecoin by crypto billionaire Justin Sun, just posted a meme depicting its mascot controlling the White House. Sun has spent (or will shortly spend) a total of $213 million on Trump-connected crypto projects.
h/t @cryptadamist
![Tweet screenshot: SunDog @SUNDOG_TRX
You never truly know who’s pulling the strings… 🤫
[AI-generated image of a corgi dog with a collar depicting the Tron logo, paws raised above the White House, with strings attached to the paws like a marionette]
2:30 AM Jul 24, 2025](/proxy/post_attachment/778077/110868f579.png "Tweet screenshot: SunDog @SUNDOG_TRX
You never truly know who’s pulling the strings… 🤫
[AI-generated image of a corgi dog with a collar depicting the Tron logo, paws raised above the White House, with strings attached to the paws like a marionette]
2:30 AM Jul 24, 2025")
There is really no comparison in American history to the blatant corruption.
https://www.nytimes.com/2025/07/29/opinion/trump-crypto-genius-act-memcoin.html
There's an influx of GitHub repos where you get tagged on discussions/issues with the attempt to trick you into crypto schemes, e.g. reveal your wallet(s).
I had one yesterday and reported to GitHub. Unlike Meta, they actually do take action and it took <12h to take the user and the repos down. So you can report malicious repos to GitHub and they will be acted on.
Newsletter: Justin Sun buys his way out of an SEC fraud case, Iranian transactions on Binance draw DOJ scrutiny as the exchange sues the newspaper that reported on them, and crypto super PACs dump millions into Tuesday’s primaries in Illinois.
https://www.citationneeded.news/issue-102/
#crypto #cryptocurrency #USpolitics #USpol
The cryptocurrency industry super PACs dumped $14.2 million into the Illinois primaries. 90% of that – $12.8 million – was wasted, in that it went to opposing Democratic candidates who won their primaries (Stratton in the Senate race, Ford in H-07) or supporting their opponents.
Their only victories in the state were where they contributed money towards outcomes that were already highly likely. They opposed Robert Peters (H-02), who had been polling in third place and ultimately received 12% of the vote. They supported Bean (H-08) and incumbent Budzinski (H-13).
The White House says Commerce Secretary Howard Lutnick properly divested from Cantor Fitzgerald by transferring leadership to his sons.
Anyway GOP officials called Lutnick about a Cantor-funded PAC planning to spend $1.75M on Ken Paxton and the PAC reversed course, but that’s probably just how independent companies behave when the former owner gets a phone call.
https://www.axios.com/2026/04/24/texas-crypto-howard-lutnick-republicans
Newsletter: Although Sam Bankman-Fried tried to withdraw his motion for a new trial, Judge Kaplan rejected it on its merits. This leaves Bankman-Fried with essentially no realistic avenues to avoid his 25-year prison sentence.
Newsletter: The crypto industry spent the spring buying primaries, an octagon at the White House, and — they hope — a market-structure bill by the Fourth of July.
New: President Trump's memecoin project is preparing to launch a membership club promising "elite and extraordinary experiences". This is the latest attempt to prop up a token down 97% from peak.
Newsletter: Crypto billionaire Justin Sun, who escaped fraud allegations after investing hundreds of millions of dollars into the Trump family’s crypto projects, is now accusing the Trumps’ project of fraud.
https://www.citationneeded.news/issue-105/
#crypto #cryptocurrency #USpol #USpolitics #CitationNeededNewsletter
Prediction markets are one of the many ways society is crumbling under the pressure to financialize everything — which crypto and NFTs were part of.
I spoke with Jathan Sadowski to dig into how tech companies are harming us to maximize profit.
Listen to the full episode: https://techwontsave.us/episode/prediction_markets_want_to_financialize_everything_w_jathan_sadowski
#tech #nft #crypto #sportsbetting #kalshi #polymarket #predictionmarkets
RE: https://flipboard.com/@gizmodo/tech-fknh6odjz/-/a-Xgc1Ge2MQheLbT_CP64Jfg%3Aa%3A1876139665-%2F0
Reminder to everyone: Crypto fights Democracy. Make a choice and stay away from it.