Good explanation of the super mega advanced fuckery that happens in #crypto. Like Bitfinexed keeps saying, the entire crypto market is less than 20 guys in a Signal group.
Regarding the prediction in the article that binance will be byenance to save tether, im not super sure, but its an interesting take.
#bitcoin going to 1 million dollars (USDT denominated) seems likely though, and will be incredible fucking funny. (for outsiders: this would be really bad, btw)
I know I should know this, but when someone says that they're "into crypto" what does that actually mean? Does that just mean that they buy bitcoin, dogecoin and/or etherium and wait for the price to go up so they can sell it? That can't take longer than, I dunno, ten minutes every day, can it?
(Yes, I know that buying company stock is the same thing, but there are thousands of companies)
A deep dive on Andreessen Horowitz's latest "State of Crypto" report. In short: they want people to keep buying crypto, and are not above publishing blatant falsehoods to convince them to do so.
The report itself is 60 pages long, so this is a long one.
Sam Bankman-Fried has filed motions to dismiss all but three charges in the criminal case against him.
The charges he is not contesting atm are:
5. Conspiracy to commit commodities fraud
6. Conspiracy to commit securities fraud
and
11. Conspiracy to commit money laundering
Crypto giant Binance is reportedly facing US probe for violating Russian sanctions
Binance is reportedly facing investigation by the US Justice Department over possible violations of sanctions imposed against Russia. The agency is looking into whether the cryptocurrency exchange allowed Russian customers to move money as a way to go around US sanctions
📨 Latest issue of my curated #cybersecurity and #infosec list of resources for week #18/2023 is out! It includes, but not only:
‣ 🇷🇺 🇫🇷 Pro-Russian Hackers Claim Downing of French Senate Website
‣ New #Android FluHorse #malware steals your passwords, 2FA codes
‣ 🇰🇵 Kimsuky hackers use new recon tool to find security gaps
‣ Why Robot Vacuums Have Cameras (and What to Know About Them)
‣ Researchers Discover 3 Vulnerabilities in #Microsoft#Azure API Management Service
‣ #Cisco phone adapters vulnerable to RCE attacks, no fix available
‣ 🇺🇸 Coming to DEF CON 31: Hacking AI models
‣ 🇷🇺 🇺🇦 Russian hackers use #WinRAR to wipe #Ukraine state agency’s data
‣ #Facebook disrupts new #NodeStealer information-stealing malware
‣ 🇺🇸 🇷🇺 Russian national charged for role in stolen credit card verification scheme
‣ 🇺🇸 Court Rules in Favor of Merck in $1.4 Billion Insurance Claim Over #NotPetya Cyberattack
‣ 💸 When it comes to online scams, ‘#ChatGPT is the new #crypto’
‣ #Google starts rolling out passkey support for Google Accounts
‣ 🇺🇸 🇺🇦 FBI seizes 9 crypto exchanges used to launder #ransomware payments
‣ 🇪🇺 288 #darkweb vendors arrested in major marketplace seizure
‣ 🇰🇷 #Samsung Bans Staff’s AI Use After Spotting ChatGPT Data Leak
‣ 🎙️ Decipher Security Podcast: @Weld and @spacerog
‣ 🇷🇺 New ‘Lobshot’ hVNC Malware Used by Russian Cybercriminals
‣ T-Mobile discloses second #databreach since the start of 2023
‣ 🇻🇳 Vietnamese Threat Actor Infects 500,000 Devices Using 'Malverposting' Tactics
‣ 🇮🇷 ‘BouldSpy’ Android Malware Used in Iranian Government Surveillance Operations
‣ 🇺🇦 Hackers use fake ‘Windows Update’ guides to target Ukrainian govt
The only #bullying allowed on #Mastodon is of #crypto and #ai. It's completely acceptable to jump in somebody's replies and be an asshole if they are talking about a technology that you heard is bad.
TIL, it costs $13 to send $20 to your #coinbase wallet. And if you want to sell, it costs $427 to sell one BTC. That is 1.5%, which is on level with management fees of an expensive mutual fund. Just bear this in mind if you're ever tempted to invest in #crypto
🧵 additionally, when you sell on Coinbase they include something called slippage/spread, which means if you buy #BTC on their exchange, it'll be a little more than market rate, but if you sell it'll be about $300 less than market rate (which presumably they also pocket). So your total cost paid to #Coinbase on the sale of one BTC including fees and "spread" is about 2.5%, exceeding the management fees all but the most expensive managed mutual funds. #crypto#investing
To bulk block accounts, go to Moderation -> Accounts. Set 'Location' to Remote. Search for a Display Name of "Mastodon". Then you can bulk suspend from there.