Buttcoin
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Man who claims he invented bitcoin faces prison after filing $1.1 trillion suit
arstechnica.com Man who claims he invented bitcoin faces prison after filing $1.1 trillion suitUK judge issues 1-year suspended prison sentence as Wright hides in Asia.
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Foreign Policy: Bitcoin and Hawk Tuah Aren’t So Different
archive: https://archive.is/5aTxJ
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Gotta pump tuah and dump that thang
www.independent.co.uk Hawk Tuah girl faces ‘pump and dump’ allegations as crypto coin collapses‘Hawk Tuah Girl’ Haliey Welch launched her own cryptocurrency, only for it to plummet by 90 percent just hours later
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On bitcoin topping $100,000
- news accompanied by another crypto scam
- price faked via >"$10b" of dubious stablecoin pseudodollars created out of thin air
- no liquidity, trading super thin (even more pumpable)
- public still not buying in
- (yet)
- lol
nothing has changed in my last few posts on the subject https://davidgerard.co.uk/blockchain/
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reminder that bitcoin wealth is about 100 times more centralized than US dollars
www.cbsnews.com Bitcoin has its own 1% who control outsized share of wealth"Significant skewness in ownership" of bitcoin suggests future wealth will fall "disproportionately to a small set of participants," researchers said.
>Those top players represent a mere 0.01% of all bitcoin holders and yet they control 27% of the digital currency, the Wall Street Journal reported. That compares to the old-fashion dollar, where the top 1% controlled 30% of total U.S. household wealth, according to Federal Reserve data.
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Razzlekhan gets 18 months for war crimes against music
financialpost.com 'Crocodile of Wall Street' Gets 18 Months in Crypto CaseThe woman who dubbed herself the “Crocodile of Wall Street” and “Razzlekhan” in rap videos was ordered to serve 18 months behind bars for helping her hacker husband…
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Bloke behind Helix Bitcoin launderette jailed for three years, hands over $400M
go.theregister.com Man behind Helix cryptocurrency mixer gets three yearsDigital money laundering pays, until it doesn't
- www.pcgamer.com US hacker sentenced to five years in the slammer for laundering the proceeds of nearly 120,000 stolen bitcoin worth $10,800,000,000 at today's prices
No, less. No wait, more. No, it's less again.
Cross-posted from "US hacker sentenced to five years in the slammer for laundering the proceeds of nearly 120,000 stolen bitcoin worth $10,800,000,000 at today's prices" by @[email protected] in [email protected]
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> No, less. No wait, more. No, it's less again.
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Michael Lewis "Going Infinite" to become an Apple movie, script by Lena Dunham
variety.com Lena Dunham to Write Sam Bankman-Fried Movie for Apple, A24Apple and A24 are in development on a film version of Michael Lewis' "Going Infinite" with Lena Dunham attached to write the script
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There were a ton of insane rumours around Bitcoin in El Salvador in 2021. Here's Monica Taher confirming most of them. (video, in Spanish)
www.revistafactum.com ¿Por qué el bitcóin nunca le importó a El Salvador?¿Por qué el bitcóin nunca le importó a El Salvador? A tres años de su implementación como moneda de curso legal, el criptoactivo tiene un uso muy limitado en el país. Una plática con Mónica Taher, experta en blockchain y ex directora de Tecnología e Innovación de Negocios en el gobierno de Nayib Buk...
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Toronto crypto company CEO kidnapped, held for $1M ransom before being released
This seems to have been overshadowed by election news. For context, this area is in the downtown business core and is perpetually busy with foot traffic.
- reason.com A week of failing to pay with bitcoin in El Salvador
When President Nayib Bukele promised that bitcoin would be accepted everywhere in El Salvador, it seemed like a glimpse into the future—a world where
bonus HN thread https://news.ycombinator.com/item?id=42014013 :
archive: https://archive.ph/osPSg
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Mr Beast crypto fraud traced
www.loock.io MrBeast Investigation — loock.ioINTRODUCTION MrBeast, one of the most popular YouTubers with over 320 million subscribers across his main and side channels, has recently faced public scrutiny over various controversies. Allegations have emerged, including claims of faked videos, running illegal lotteries and employees with que
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it's twenty frickin 24 and Ubisoft just launched an NFT game
www.ign.com Ubisoft Just Quietly Launched a Full-Blown NFT Game - IGNThree years ago, Ubisoft promised it would start making its own blockchain games. And now it appears to have done it, having stealth-launched a full-blown web3 game last week called "Champions Tactics: Grimoria Chronicles" on PC.
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Looking for suggestions
Hi,
For reasons too absurd to explain, this Wednesday I'm invited to a virtual "coffee break" with the speaker of one of Spain's cryptoexchanges, https://bit2me.com/. The event is organized by Cinco Días, one of the main economic newspapers in the country.
I'm looking for a list of potential questions I might ask if I have the chance. I already have the basics ("how's this different to a tulip", "what super-legitimate uses, apart from paying for drugs, hitmen, sex trafficking, launder money, evade taxes and inflate bubbles", "what about the electricity usage", etc), and given that BBVA (Spain's second largest bank) and Telefonica (Spain's main telco) are investing money, I also want to ask how they're handling the child porn they have in their servers.
If anyone has more suggestions, I'm all ears.
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Foreign Policy: Senegal’s Cryptocurrency City Has Evaporated
archive: https://archive.is/Ji6cs
- arstechnica.com Here’s how SIM swap in alleged bitcoin pump-and-dump scheme worked
False information posted to official SEC account caused spike in the currency.
- pivot-to-ai.com Sam Altman rebrands Worldcoin to ‘World’, still wants your eyeballs
You might think that, come the artificial general intelligence, humanity will enjoy a world of unlimited abundance and prosperity for all, beyond money, under the watchful sensors of the superintel…
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Should a man be allowed to sell his soul on the blockchain? (Podcast ep dated 23rd February 2022)
This is somewhat tangential to the usual fare here but I decided to make a post because why not.
I’ve been listening to the back catalog of the Judge John Hodgman podcast, and this ep came up. This ep is the second crypto based case after “crypto facto” in ep 333.
John Hodgman is a comedian, probs best known for being the “I’m a PC” guy in the “I’m a Mac” ad campaign from ancient times. In the podcast, he plays a fake judge that hears cases and makes judgements. In this ep, “Suing for Soul Custody,” he hears a case in which a husband wants to sell his soul on the blockchain, while his wife does not want him to do that.
Some good sneers against the crypto bro husband (in both this case and the other I linked). Brief spoilers as to the rulings in case you don’t want to listen:
333
Judge rules that the husband should continue to mine ETH until his rig burns down his house.
556
Judge rules that the guy shouldn’t sell his soul, for symbolic reasons.
Note: I like John Hodgman. He’s funny. He’s not really inside the tech space, but he is good friends with Jonathan Coulton, who is. If all you know of him is the “I’m a PC” ads, he has an entertaining wider catalogue worth checking out.
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No Refunds: The Gala Games Saga by Jauwn
YouTube Video
Click to view this content.
Check out this former Gala Games executive's statement about their motivation and how they are going to "fundamentally change the way the world functions".
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oi have nah comment to th press at this torme and th rumours moi accent gave me away are scurrilous nonsense
no i have no idea who the satoshi of the week is
- www.theregister.com FBI claims corrupt LA cops helped crypto CEO's cash grab
Feds tell thrilling tale of crypto crooks, Facebook scams, fast cars, guns, betrayal … and leg extensions?
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Crypto colonists brand Balaji’s Network School fees 'sketchy' - 2 days to pay month's rent in advance despite not knowing location
protos.com Crypto colonists brand Balaji’s Network School fees 'sketchy'Applicants to Balaji Srinivasan’s Network School were told they had two days to pay a month’s rent up front despite not knowing its location.
- www.web3isgoinggreat.com BingX hacked for $52 million
Singaporean cryptocurrency exchange BingX suffered a $52 million loss across a broad range of cryptocurrencies. The thefts occurred across two attacks that were hours apart. The attack appears to have targeted one of the exchange's hot wallets.Some accused the exchange of trying to cover up the thef...
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Hi my name is Ebony Dark'ness Dementia Raven Nakamoto
and I have long ebony black hair (that's how I got my name) with Objectivist streaks and helpful tips that reaches my mid-back and icy rational eyes like limpid tears and a lot of people tell me I look like Vitalik Buterin (AN: if u don't know who he is get da hell out of here!). I'm not related to Satoshi Nakamoto but I wish I was because he's a major fucking hottie, allegedly. I'm a Bitcoiner but my teeth are straight and white. I have pale white skin. I'm also an anarcho-capitalist, and I go to a magic school called Ethereum in Zug, Switzerland where I'm in the seventh year (I'm seventeen). I'm a Libertarian (in case you couldn't tell) and I wear mostly black. I love the Ron Paul forums and I buy all my ideas from there. For example today I was wearing dark markets with matching escrow around it and a black leather iPad cover, grey weed logo bag and black combat boots. I was wearing no makeup, none of that clown paint. I was walking outside Mom's basement. It was snowing and raining so there was no sun, which I was very happy about. A lot of banksters stared at me. I put up my middle finger at them.
- davidgerard.co.uk No, the bitcoin price did not move from debates, Trump buying ‘crypto burgers’ or anything other than shenanigans
Bitcoin does not react to macro signals — only to internal market shenanigans.
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You should not set memecoin creators on fire! They're doing it to themselves. You can punch them in the face, though. It's marketing.
www.wired.com People Are Setting Themselves on Fire and Getting Punched in the Face to Pump Their Crypto CoinsTo compete against thousands of crypto meme coins flooding the market, creators are resorting to elaborate and sometimes dangerous stunts for attention.
archive: https://archive.is/M6EbD