#crypto

i’ve been writing about crypto for a while now, but this new addition to the $TRUMP memecoin website fine print may be the most blatant “lol you suckers are our exit liquidity” i’ve seen so far

(CIC Digital is just a shell company Trump uses for the $​TRUMP memecoin and some other projects; it’s wholly owned by Trump’s revocable trust)

#crypto #cryptocurrency

This WSJ investigation exposes yet more Tether-related corruption at the White House, revealing that they paid Bo Hines' consulting firm millions as he was ensuring the Genius Act stablecoin law would benefit them.

I needed a diagram.

https://www.wsj.com/politics/policy/crypto-law-trump-tether-bo-hines-45bcd95d

#crypto #tether #USpol #USpolitics

Newsletter: Regulators race to reassure the crypto industry as the its flagship Clarity Act legislation collapses, SBF tries his luck with the Supreme Court, and crypto PACs unleash $30 million against Sherrod Brown.

https://www.citationneeded.news/issue-110/

#crypto #cryptocurrency #USpol #USpolitics #CitationNeededNewsletter

On Tuesday, a Nobel Prize-winning economist warned that a “scheme” is in the works to influence the midterm results and buy the favor of the winning candidates.#trump-midterms #republican-midterms #midterm-elections #crypto #cryptocurrency #trump-crypto #paul-krugman #midterms
The right-wing 'bribery' scheme trying to buy the midterms: Nobel economist

The Clarity Act cloture vote has failed by a 49–50 margin; well short of the 60 votes needed. No Democrats crossed over to vote for the bill, and three Republicans voted against.

Senator Collins’ (R-ME) NO vote on Clarity was the most surprising today. She was defending the bill to constituents as recently as last week. My guess is she did not believe the bill had a chance to pass, and was more worried about defending a yes vote as her re-election prospects look slimmer.

#crypto #cryptocurrency #USpol #USpolitics

Newsletter: The supposedly “unprecedented” ethics restrictions in the industry-written Clarity Act exempt Trump’s crypto businesses and leave enforcement to his loyalists. Senators must vote no on cloture tomorrow.

https://www.citationneeded.news/clarity-act-ethics-charade/

#crypto #cryptocurrency #USpol #USpolitics #ClarityAct #CitationNeededNewsletter

'White Hat' Liquid Network Crypto Hackers Are Now Grandstanding and Demanding a 10% Bounty

https://gizmodo.com/white-hat-liquid-network-crypto-hackers-are-now-grandstanding-and-demanding-a-10-bounty-2000809413

#Crypto #Cybersecurity #Technology

Newsletter: The SEC’s “Reg Crypto” aims to carve out exemptions, the CFTC wields emergency powers to shield prediction markets from state regulators, and a Trump family crypto firm gets a bank charter.

https://www.citationneeded.news/issue-109/

#crypto #cryptocurrency #USpol #USpolitics

A bit rich for Senator Bernie Moreno — by far the #1 beneficiary of crypto super PAC spending in 2024, now a champion of the industry's legislation — to accuse anyone of caping for special interest super PACs

#crypto #cryptocurrency #USpol #USpolitics

Spotted in Coinbase’s most recent 10-Q: Coinbase has stopped using trading volume as a key metric, which is I’m sure completely unrelated to the 38%/48% decrease in spot trading volume they reported over the past three/six months

#Coinbase #crypto #cryptocurrency

Newsletter: Firms close up shop amid a continued crypto winter, a Trump venture ditches its crypto plans, and the crypto industry–friendly Clarity Act market structure bill fails to reach a vote before August recess — likely dooming it.

https://www.citationneeded.news/issue-108/

#crypto #cryptocurrency #USpolitics #USpol #CitationNeededNewsletter

This article is a great deep dive into some of the shady characters behind World Liberty Financial — Justin Sun among them, despite his recent efforts to distance himself from the project. (He likely hoped this interview would help, and it is a little friendly, but rightly points out his shadiness.)

https://nymag.com/intelligencer/article/justin-sun-world-liberty-lawsuit-trump-crypto-herro.html

#JustinSun #WorldLibertyFinancial #USpol #USpolitics #crypto #cryptocurrency

I've been running Follow the Crypto since 2024. Today I'm relaunching it as Tech Influence Watch, expanded to cover AI political spending alongside crypto. They’ve spent more than $400 million this election cycle, and now you can follow it in close to real time.

https://influence.citationneeded.news/

Here’s the full story behind the Tech Influence Watch launch, including what I found while building it and why it matters now: https://www.citationneeded.news/tech-influence-watch/

#crypto #cryptocurrency #AI #ArtificialIntelligence #USpol #USpolitics #CitationNeededNewsletter