Fairshake, a crypto-focused super PAC, is #3 on the list of super PACs by the amount of money raised. Coinbase and Ripple are both in the top ten companies by amounts donated to outside spending groups. This is far out of proportion when you look at the size of the industry.

#crypto #cryptocurrency #newsletter #CitationNeeded #superPACs #USpolitics #lobbying

Cryptocurrency companies have raised over $115 million to influence US elections this cycle, and they’re just getting started. We need to closely watch how cryptocurrency companies are influencing US politics. https://www.citationneeded.news/2024-cryptocurrency-election-spending/

#crypto #cryptocurrency #newsletter #CitationNeeded #superPACs #USpolitics #lobbying

Cryptocurrency companies have raised over $115 million to influence US elections this cycle, and they’re just getting started

As election season kicks into high gear, we need to watch how cryptocurrency companies are influencing US politics.

^{Molly White (Citation Needed)}

Meanwhile, cryptocurrency companies like Coinbase have been aggressively recruiting their customers to donate and vote along pro-crypto lines, with in-app calls-to-action and flashy websites that rate politicians based on their perceived pro- or anti-crypto stances.

#crypto #cryptocurrency #newsletter #CitationNeeded #superPACs #USpolitics #lobbying

How Researchers Cracked an 11-Year-Old #Password to a $3 Million #Crypto #Wallet

Source: https://www.wired.com/story/roboform-password-3-million-dollar-crypto-wallet/

He cracked the #Trezor wallet in 2022 using complex #hardware techniques that forced the USB-style wallet to reveal its password.

#security #cybersecurity #news #bitcoin #btc

“Fediverse” “a16z” “crypto” “VCs”

The fuck is this shit?

*smh*

#fediverse #a16z #crypto #VC https://mastodon.social/@fediversereport/112524750248407253

Fediverse Report

2024-05-29 14:03:48

New: What is Farcaster, and why did a16z value it at 1 billion dollar?

#Farcaster is a decentralised social network that has seen significant growth recently, with currently around 80k daily active users. The network has strong ties with crypto and Ethereum. They got an investment of $150M recently by (among others) a16z.

I take a closer look at how Farcaster works, and why some crypto VCs think its worth a billion dollars.

Read at: https://fediversereport.com/what-is-farcaster-and-why-did-it-raise-150m-usd/

What is Farcaster, and why did it raise 150M USD?

Farcaster, a crypto-based decentralised social networking protocol hit the news this week, by raising an eye watering 150 million USD, with a valuation of 1 billion USD, all the while sporting around 80K daily active users.

^{fediversereport.com}

We must protect privacy, even in the face of cryptocurrency crime. As governments crack down on one of the most notorious tools for criminal money laundering in the cryptocurrency world, I’m worried about the ramifications.

https://www.citationneeded.news/tornado-cash/

#crypto #cryptocurrency #privacy #TornadoCash #newsletter #CitationNeeded

Privacy, human rights, and Tornado Cash

I am more worried about privacy than crypto crime.

^{Molly White (Citation Needed)}

Have you ever found trustworthy people in the #crypto swamp?

No.

Self-proclaimed #bitcoin #inventor lied 'repeatedly' to support claim, says #UK #judge

source: https://www.reuters.com/technology/self-proclaimed-bitcoin-inventor-lied-repeatedly-support-claim-says-uk-judge-2024-05-20/

An Australian #computer scientist who claimed he invented bitcoin lied "extensively and repeatedly" and forged documents "on a grand scale" to support his false claim, a judge at #London's High #Court ruled on Monday.

Have you ever found trustworthy people in the #crypto swamp?

#fail #currency #money #finance #cryptocurrency #technology #problem #news #justice #btc #bitcoins

“Crypto researcher Molly White skewered [Chris Dixon’s Read Write Own] with the delight of Pete Wells after downing an Almond Joy cocktail at Guy Fieri’s Flavortown.”

😂

https://www.bloomberg.com/news/features/2024-05-06/silicon-valley-crypto-investor-chris-dixon-wants-to-overhaul-the-industry (paywall)
https://archive.ph/BDP2I (archive)

#ChrisDixon #web3 #crypto

I have a new article out today in Businessweek: "The State of Crypto Is Anything But Strong"

https://www.bloomberg.com/news/features/2024-05-02/crypto-is-anything-but-strong-right-now (paywall)
https://www.bloomberg.com/news/features/2024-05-02/crypto-is-anything-but-strong-right-now?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTcxNDc3MDkzMCwiZXhwIjoxNzE1Mzc1NzMwLCJhcnRpY2xlSWQiOiJTQ1VQMFREV1JHRzAwMCIsImJjb25uZWN0SWQiOiJBQjc4QTNBMDc1N0U0OTI0ODFCRUU5RDRCRjBDNERDNSJ9.q7mx4CRLXnaPaRk03IohbYerjFc5httVYyrugxZ5TE4 (gift link, good for seven days)

#crypto #cryptocurrency

Crypto Is Anything But Strong Right Now

Industry boosters say they’ve learned their lessons from the last crash, but regulators need to move faster to protect a new wave of mainstream investors from the same old story.

^{Molly White (Bloomberg)}