In 30 minutes: a hearing on whether Sam Bankman-Fried will be remanded to jail after leaking to the press private diary entries of a witness in his case.
Review: In "Read Write Own", the Andreessen Horowitz general partner and web3 superfan Chris Dixon lays out an unconvincing argument that blockchains are what it will take to fix the web.
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.
Seeing talk of chrome orbs that will give you crypto in exchange for your biometrics? That's Worldcoin, and and these are some of the risks we would need to consider if it became widespread.
Ted Cruz says "I'm a Bitcoin investor personally. I have a standing buy order. Every morning I have a buy of Bitcoin that comes in... I own a little more than 2 BTC."
Per his STOCK Act disclosures he bought btwn 0.4 and 1.4 BTC in Jan 2022. Hasn't disclosed any purchases since.
SBF and his team are arguing in their motion in limine that any evidence from discovery produced to the defense after July 1 should be excluded, accusing the government of failing to meet discovery deadlines.
They say that the government produced 750,000 pages of Slack messages from Gary Wang's laptop on August 11, and that they won't have time to go through that quantity of material by the trial date (less than two months away)
Binance is seeking a protective order against the SEC, claiming that they are conducting a "fishing expedition".
"[Binance] has worked in good faith, but the SEC has been steadfast in its belief that the Consent Order gives it carte blanche to investigate every aspect of [Binance]’s asset custody practices without any discernible limitation whatsoever."
The government is alleging that Sam Bankman-Fried shared diary entries by Alameda CEO and former girlfriend Caroline Ellison with the NYT. They describe this as "selectively sharing" documents in an attempt to portray her as a "jilted lover who perpetrated these crimes alone".
New report out from the Bank of International Settlements: "cryptoassets have so far not reduced but rather amplified the financial risks in less developed economies."
If a #cryptocurrency was more, not less energy efficient than the incumbents, faster and able to handle transactions at scale with less cost, would that make it desirable?
Another way of asking this is whether you see any other significant problems, with the principle rather than the #Bitcoin implementation?
I have long criticised Blockchain but am not opposed to decentralised electronic cash, and interested to learn if those critical of #Blockchain are fundamentally opposed.
Sam Bankman-Fried has responded to allegations that he shared documents with the New York Times in an attempt to influence the jury (see prev toot thread beginning at https://hachyderm.io/@molly0xfff/110752975615042242)
The reply claims "nothing improper" occurred, and rails against a "toxic media environment" towards SBF.
A service called Spy Pet is scraping Discord servers, archiving and tracking users' messages and activity, and then selling access to that data.
Spy Pet scrapes more than 10,000 Discord servers, and besides selling access to anyone with cryptocurrency, it offers the data for training AI models or to assist law enforcement agencies, according to its website.
Spy Pet claims to be tracking more than 14,000 servers, 600 million users, and includes a database of more than 3 billion messages.
Tea 2.0? (The linked medium article has lots of angry comments from early adopters thinking they should receive more tokens)