I'm reading the indictment in U.S. v. Kane, et al. which was unsealed yesterday...
TL;DR - a couple of guys in the U.S. launched a #crypto project and paid a "market maker" to wash and spoof trade their project's token on several exchanges and now they're looking at a maximum sentence of 5-20 years in prison (if convicted).
Fun fact - most exchanges require this sort of arrangement for tokens to get and stay listed on their platform.
The thing I don't get about #Ethereum is this: its sole value is as the 'app store of crypto' allowing countless third party things to take advantage of #Blockchain utility... but, gas prices are always so ridiculously high that it costs more to use ether than 99% of the actual transactions on the network. so like 'you had one job' eth, and you totally fucked it up. it's this kind of thing that makes #crypto as a whole seem like a cult or constant grift at worst.
If you want to translate something into a language you don’t know for free and achieve the best quality, I would recommend using DeepL for machine translation and then asking ChatGPT to “review” or “refine” the text. This method can produce readable, good-looking texts. However, they usually contain multiple inconsistencies and mistakes, and you can’t be sure they convey the intended meaning and respect all the details.
Wnioski Europlu wspiera także analiza firmy Chainalysis, której eksperci szacują, że w 2023 roku łączna wartość aktywów cyfrowych przesłanych na adresy powiązane z działalnością przestępczą wyniosła 24,2 miliarda dolarów. Rok wcześniej było to 39,6 miliarda dolarów, czyli widać wyraźny trend spadkowy.
@Tutanota I am a "Revolutionary" subscriber. Last time I bought the "recharge code" on digitalgoods Bitcoin ask me a fee of 2/3€. Recently I paid more than 10€ in fees for small transactions for the same network: this is a dramatic scenario where the fees cost more than their transaction. My subscription style is "only crypto" and I would like to pay with different cryptocurrencies like XRP, XDC, XEC, ETH, etc. Currently my favorite wallet doesn't support XMR. So Tuta has to find a solution or different crypto partners.
There's something deliciously karmic in the massive, unprecedented storm caused by #ClimateChange hitting #Dubai. It covers so many bases I don't even know where to begin enumerate them. But one I just discovered is that the city is hosting in a few days the #WorldBlockchainSummit, the “longest running” #crypto#scam#shilling summit. The only way it could have been even more meaningful would be if the was some #AI bullshit going on too.
Another day, another way Tw/X is pushing spam and turning off users. ❌ 👎
Crypto groups pay to become "X Verified Organizations," which enables them to send unsolicited invites to random users to "get verified!" (by accepting affiliation with them).
That place is so exhausting. Wish real people would just jump over here en masse. (the bots can stay there)
"Crypto may have fizzled, but it did make some real money for certain people and, more importantly, connected and philosophically galvanized a group of tech workers that now just so happen to be sitting on a whole bunch of GPUs that are perfect for running AI models."
This is something I never would have thought of, but it speaks to the material conditions that enable this sort of thing. Money and hardware.
hello, man of the new millennium, 21st century. Have you been able to realize yourself? was it able to achieve what the 19th-century science fiction #writers wrote? Look at yourself, man. You live in a house that is not your (a mortgage), drive a car that does not belong to you (debt), you get #money that depreciates before you buy anything, you have finished your studies but still haven't paid 40,000 tuition fees and most likely won't pay in the next 5 years. You can't afford to live the way you want and your home is no longer your fortress. You're alone. You don't belong to yourself.
"In other words, if you believe that it’s completely normal for a #freedom fighter to be instantly held without charges while a known crook is left free to roam and then granted bail under circumstances even #NYT found questionable, you’re a member of BlueAnon, the small fraction of the world that follows the party line of #American#Democrats much as an earlier generation toed the party line of Soviet Communists." -Balaji Srinivasan
Russian smugglers are using the cryptocurrency tether to circumvent Western sanctions and purchase weapons and drone parts, the Wall Street Journal (WSJ) reported on April 1.
Kryptowaluty pod lupą Europolu. Nie jest to jednak główny problem w kwestii prania brudnych pieniądzy (interaktywnie.com) Polish
Wnioski Europlu wspiera także analiza firmy Chainalysis, której eksperci szacują, że w 2023 roku łączna wartość aktywów cyfrowych przesłanych na adresy powiązane z działalnością przestępczą wyniosła 24,2 miliarda dolarów. Rok wcześniej było to 39,6 miliarda dolarów, czyli widać wyraźny trend spadkowy.
WSJ: Russia using cryptocurrency to avoid sanctions (kyivindependent.com)
Russian smugglers are using the cryptocurrency tether to circumvent Western sanctions and purchase weapons and drone parts, the Wall Street Journal (WSJ) reported on April 1.