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Items tagged with: Crypto

Last night, the #exploiter of #zkLend tried to use #TornadoCash to #mix 2930 #ETH of the #stolen funds and interacted with a known Tornado Cash #phising website tornadoeth[.]cash, thereby losing the funds to another party.


Source: https://x.com/zkLend/status/1906953225204564360

drain the swamp!

#crypto #crime #money #fail #news #cybersecurity

#money #fail #News #crypto #cybersecurity #crime #eth #mix #stolen #exploiter #zkLend #TornadoCash #phising

The environmental burden of the United States’ #bitcoin #mining #boom


Source: nature.com/articles/s41467-025…

From mid-2022 to mid-2023, the 34 mines consumed 32.3 terawatt-hours of #electricity — 33% more than Los Angeles—85% of which came from #fossil #fuels.


#btc #usa #earth #environment #climate #finance #politics #Problem #money #nature #emissions #crypto #hype #blockchain


The environmental burden of the United States’ bitcoin mining boom - Nature Communications

The paper maps air pollution from power plants supplying electricity to US Bitcoin mines. It finds that 1.9 million people in 2022-2023 breathed toxic amounts of Bitcoin mine attributable pollution, particularly around New York City and Houston.
Nature
#money #Environment #nature #bitcoin #problem #climate #crypto #politics #earth #USA #finance #blockchain #electricity #emissions #fossil #btc #mining #boom #fuels #hype

#Trump Family Pushes Further Into #Crypto, Starting Another Venture

Eric Trump & Donald Trump Jr. are investing in a #Bitcoin-mining company called American Bitcoin, created by the merger of two firms.

#law #USpol #scam #fraud #EmolumentsClause
nytimes.com/2025/03/31/busines…


Trump Family Starts Bitcoin Mining Venture in Further Push Into Crypto

Eric Trump and Donald Trump Jr. are investing in a Bitcoin-mining company called American Bitcoin, created by the merger of two firms.
David Yaffe-Bellany (The New York Times)
#bitcoin #crypto #Trump #law #scam #fraud #uspol #EmolumentsClause

Crypto coming with the innovation: there's a new app where you can earn crowd sourced crypto by reporting people to #ICE so they can be #deported.

They put the stasi on the blockchain, basically.
x.com/LauraLoomer/status/19060…

#fascism #uspol #Immigration #deportation #DHS #crypto #LauraLoomer #immigrants

@LauraLoomer There’s a new app where citizens can reportillegal aliens and foreigners engaged in criminal activity AND get paid in crypto for doing so! On @LoomerUnleashed, | spoke with independent journalist @JacobEngels about how the ICE Raid app iceraid.us uses geotagged submissions, Al verification & tip-sharing to assist local & federal law enforcement in catching illegal aliens who need to be DEPORTED. This is what crowd-sourced patriotism looks like. Report and deport!
#crypto #ice #immigration #fascism #uspol #immigrants #deportation #dhs #deported #lauraloomer

Congress has been debating stablecoin bills, and one has advanced to the full Senate thanks to five Democrats who joined all Republicans to vote for it — despite concerns about the power it grants to giant companies and the threat of introducing 2008-esque financial contagion risk.

#crypto #cryptocurrency #USpolitics #USpol

Congress has been continuing to consider stablecoin legislation. In the House, lawmakers tussled over the Republican-led STABLE Act, with Maxine Waters (D-CA) condemning it in its current iteration because she believes it “tears down the wall that was used to separate banking from commerce” — potentially opening the doors to serious financial contagion. She urged other Representatives to reintroduce components of her own proposed legislation, introduced in the last Congress, that would establish more significant oversight and penalties for violations.2728 In the Senate, lawmakers argued over a bipartisan GENIUS Act, with Democrats arguing it doesn’t go far enough to protect consumers or national security. “Anyone who thinks the US taxpayer won’t be called on directly or indirectly to bail out these guys is kidding themselves,” argued Senator Warren (D-MA), also expressing concerns about financial contagion that she likened to the 2008 financial crisis. Several proposals to amend the bill failed along party lines, and the Senate Banking Committee ultimately voted to send the bill to the full Senate.29 Five Democrats voted with the Republicans to advance the bill, including Ruben Gallego from Arizona, who received $10 million in campaign backing from the crypto industry. The other four were Senators Rochester (DE), Alsobrooks (MD), Kim (NJ), and Warner (VA).30
In both the House and the Senate, Democrats expressed concerns that big tech giants, including Elon Musk and Twitter, would further entrench their monopoly positions and abuse consumers by beginning to issue stablecoins. Republicans mostly dismissed any arguments against the bills as fearmongering, with Cynthia Lummis (WY) downplaying concerns about crypto’s role in the drug trade by saying, “I want to assure everybody that Machiavelli is not going to get raised from the dead to issue stablecoins so we can destroy our planet with drugs.”29
#crypto #cryptocurrency #uspol #uspolitics

Sadly, for now we remain in a very much not billionaire-proof world, so I will now update you on how that’s all been going.

Substantially all remaining enforcement cases from the SEC against cryptocurrency companies (and political megadonors) have been dropped, including the lingering cases against Ripple and Kraken I mentioned last issue.

#crypto #cryptocurrency #USpolitics #USpol

I mentioned in the last issue that the few SEC cases against the crypto firms-turned-political-megadonors that hadn’t yet been dropped would likely be dropped shortly. As predicted, the CEO of Ripple has just announced that the SEC will drop the remainder of its long-running case against the company, originally filed in 2020.20 While Ripple’s CEO described this as “a resounding victory for Ripple”, he did not draw attention to the fact that the SEC had already won the portion of the case alleging that the company had violated securities laws with its institutional token sales, which landed the company with a $125 million fine in 2023 — though this was well below the $2 billion fine sought by the enforcement agency. The SEC was in the process of appealing a decision that the company’s sales to retail exchanges did not violate securities laws, but this appeal is what will apparently be dropped shortly. Ripple and its executives contributed $48 million to crypto-focused super PACs, $12.6 million to Harris, $5 million to Trump’s inauguration fund, and several million more to various other political committees. They’ve also pledged another $25 million to the crypto super PACs for the midterms.
Similarly, Kraken has stated that the SEC has agreed in principle to dismiss its lawsuit against the exchange. As with the case against Coinbase, the SEC will ask for the case to be dismissed with prejudice. Kraken was particularly explicit that this outcome had nothing to do with the facts at issue in the case, writing: “We appreciate the new leadership both at the White House and the Commission that led to this change.”21 Kraken and its executives contributed $1 million each to Trump, Trump’s inauguration fund, and crypto-focused super PACs. Cumberland DRW, the crypto trading portion of DRW, has also announced that the SEC case against them will be dropped.22 The agency had alleged that the firm had sold more than $2 billion in unregistered crypto securities, naming popular crypto assets including Solana and Polygon among them. DRW CEO Don Wilson contributed $100,000 to a crypto-focused super PAC. Finally, NFT company Yuga Labs — best known as the creators of Bored Apes — have said that the SEC has closed an ongoing investigation into the company.23
#crypto #cryptocurrency #uspol #uspolitics

My conversation with @brianmerchant about “Speaking Truth to Crypto Power” at SXSW was one of the few crypto-related events. Crypto prices may be back up, but crypto excitement has not followed.

youtube.com/watch?v=WzqoukQoAo…

#crypto #cryptocurrency

- YouTube

Bekijk je favoriete video's, luister naar de muziek die je leuk vindt, upload originele content en deel alles met vrienden, familie en anderen op YouTube.
www.youtube.com
#crypto #cryptocurrency @Brian Merchant

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

citationneeded.news/crypto-res…

#bitcoin #crypto #cryptocurrency #USpolitics #USpol


Crypto reserves: no public good, no principles

Molly White (Citation Needed)
#bitcoin #crypto #cryptocurrency #uspol #uspolitics

US #SEC to move away from requiring #crypto firms to register as trading systems, chief says

The acting chief of the U.S. Securities & Exchange Commission said on Monday he has directed staff to look at ways to abandon a plan that would have widened the definition of alternative trading systems to include some #cryptocurrency firms.

#law #Trump
reuters.com/technology/us-sec-…

#crypto #cryptocurrency #Trump #law #sec

Coinbase Chief Legal Officer: the critics who think we’ve bought out the government are refusing to engage with the nuanced and complicated fact that Trump used to be anti-crypto before we started spending hundreds of millions of dollars on politics

#Coinbase #crypto #cryptocurrency

“I find those comments misinformed at best, if I’m being generous, and defamatory at worst,” Paul Grewal, chief legal officer at Coinbase, told The Hill of the backlash. Some criticism, Grewal argued, fails to consider Trump was once a critic of crypto and at one point called it a “scam.” Grewal pointed out how Congress moved major legislation in 2023 on market structure, an issue that was met with bipartisan support. The Financial Innovation and Technology for the 21st Century Act in 2023 received support from 71 Democrats in the House. “The fact of the matter is that President Trump did evolve and transform in his view on crypto, really starting in December 2023,” Grewal said. “In January 2024, we first started to engage with him and his team, but it was against a much more nuanced, complicated and complete history that I think a lot of the critics just don’t want to engage in.”
#crypto #cryptocurrency #coinbase

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