Newsletter: Trump is still corrupt, a core developer warns bitcoin won’t survive an upcoming code change, and crypto lenders are ratcheting up leverage like it’s 2022.'nhttps://www.citationneeded.news/issue-94/'n#crypto #cryptocurrency #USpol #USpolitics
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America’s largest union federation, AFL-CIO, has opposed proposed crypto market legislation as “the perfect environment for the next financial crisis to germinate”. Whether anyone’s read the letter yet is another question, because the shutdown is stalling legislative work.
The crypto bill faces an awkward snag — its top lobbyist is married to the FTC Commissioner Trump tried to fire.
“I think it’s ironic that one of the Trump admin’s more monarchical acts six months ago is going to potentially blow up one of their major legislative projects.”
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The crypto bill faces an awkward snag — its top lobbyist is married to the FTC Commissioner Trump tried to fire.
“I think it’s ironic that one of the Trump admin’s more monarchical acts six months ago is going to potentially blow up one of their major legislative projects.”
A group of pro-crypto Senators is questioning why the CFTC isn’t prohibiting sports-related events contracts, even though the lax enforcement has been popular in the industry.
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A group of pro-crypto Senators is questioning why the CFTC isn’t prohibiting sports-related events contracts, even though the lax enforcement has been popular in the industry.
The SEC has had to remind crypto treasury companies that insider trading isn’t allowed in SEC-regulated markets just because crypto is involved... at least in theory.
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The SEC has had to remind crypto treasury companies that insider trading isn’t allowed in SEC-regulated markets just because crypto is involved... at least in theory.
The SEC also had to pause trading for one of these crypto treasury companies after potential market manipulation rocketed the stock price 2,000%. Looks like some people forgot the stock market still frowns on the kind of games common in crypto.
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The SEC also had to pause trading for one of these crypto treasury companies after potential market manipulation rocketed the stock price 2,000%. Looks like some people forgot the stock market still frowns on the kind of games common in crypto.
Tai Lopez, a self-help guru who once tried to sell $200,000+ NFTs that gave buyers the chance to join him to watch a 2-hour movie of his choice, has been accused of running a Ponzi scheme. He’s also the guy behind the ill-fated RadioShack crypto rebrand.
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Tai Lopez, a self-help guru who once tried to sell $200,000+ NFTs that gave buyers the chance to join him to watch a 2-hour movie of his choice, has been accused of running a Ponzi scheme. He’s also the guy behind the ill-fated RadioShack crypto rebrand.
Coinbase has launched a campaign claiming that “big banks want another bailout”. Those worried about bailouts should probably worry more about poorly regulated crypto firms integrating themselves into the financial system.
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Coinbase has launched a campaign claiming that “big banks want another bailout”. Those worried about bailouts should probably worry more about poorly regulated crypto firms integrating themselves into the financial system.
The bitcoin community is fighting over an upcoming software change that one developer has warned will be the end of bitcoin. He has reportedly discussed creating a trusted group of censors with the authority to alter data recorded on chain.
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The bitcoin community is fighting over an upcoming software change that one developer has warned will be the end of bitcoin. He has reportedly discussed creating a trusted group of censors with the authority to alter data recorded on chain.
Crypto lending — a major factor in the 2022 crypto meltdown — is having a comeback. In fact, one crypto lender just hired the guy accused of bankrupting BlockFi after he extended a huge line of credit to FTX based on a pinky swear.
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Crypto lending — a major factor in the 2022 crypto meltdown — is having a comeback. In fact, one crypto lender just hired the guy accused of bankrupting BlockFi after he extended a huge line of credit to FTX based on a pinky swear.
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The bitcoin community is fighting over an upcoming software change that one developer has warned will be the end of bitcoin. He has reportedly discussed creating a trusted group of censors with the authority to alter data recorded on chain.
@molly0xfff i'm sure said group of censors will *always* act in for the greater good, even at great expense to themselves
(is the /s necessary?
)
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Trump has officially pulled Brian Quintenz’s CFTC Chair nomination after he refused to be the Winklevoss twins’ bulldog.
“They completely nuked him. They made a phone call. They were like, ‘This is not going to fly with us.’ And it was a very short trip from there to [the nomination] being killed.”
@molly0xfff a16z vs. Winklevi civil war?
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Newsletter: Trump is still corrupt, a core developer warns bitcoin won’t survive an upcoming code change, and crypto lenders are ratcheting up leverage like it’s 2022.
@molly0xfff I generally don't think we should fully conflate Trump, his $ETH based $TRUMP "coin" and Bitcoin $BTC. Even with that said i do believe he is using blockchains to get bribes.
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Please consider signing up for a free or pay-what-you-want subscription to support my work. Citation Needed is an independent publication, entirely supported by readers like you.
@molly0xfff is .news a special tld and did you need permission to get a domain or can anyone get a .news?
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@molly0xfff is .news a special tld and did you need permission to get a domain or can anyone get a .news?
@bojanland not special!
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@molly0xfff I generally don't think we should fully conflate Trump, his $ETH based $TRUMP "coin" and Bitcoin $BTC. Even with that said i do believe he is using blockchains to get bribes.
@MeaningfulBits who’s conflating $TRUMP and BTC?
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@molly0xfff a16z vs. Winklevi civil war?
@cryptadamist let-them-fight.gif