molly0xfff, to random
@molly0xfff@hachyderm.io avatar

Sam Bankman-Fried has just been sentenced to 25 years in prison.

molly0xfff, to random
@molly0xfff@hachyderm.io avatar

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.

https://newsletter.mollywhite.net/p/andreessen-horowitzs-state-of-crypto

molly0xfff, to cryptocurrency
@molly0xfff@hachyderm.io avatar

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.

https://newsletter.mollywhite.net/p/worldcoin-a-solution-in-search-of

molly0xfff, to web3
@molly0xfff@hachyderm.io avatar

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.

https://www.citationneeded.news/review-read-write-own-by-chris-dixon/

molly0xfff, to random
@molly0xfff@hachyderm.io avatar

crypto has the collective memory of an etch-a-sketch

molly0xfff, to random
@molly0xfff@hachyderm.io avatar

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."

https://bis.org/publ/bppdf/bispap138.htm

timbray, to cryptocurrency
@timbray@cosocial.ca avatar

It’s nauseating that the hyperscalers are crankin’ the carbon to inflate the AI bubble like there’s no tomorrow (which there won’t be, for my children, if we don’t cut back) but hey, don’t forget that Bitcoin is still in the running for the single most dangerous-to-the-planet use of computers.

https://www.theverge.com/2024/5/15/24157496/microsoft-ai-carbon-footprint-greenhouse-gas-emissions-grow-climate-pledge

#cryptocurrency #genai

molly0xfff, to Bitcoin
@molly0xfff@hachyderm.io avatar

Just noticed my work was cited in SEC Commissioner Crenshaw's dissenting statement regarding the bitcoin ETF approval 😳

https://sec.gov/news/statement/crenshaw-statement-spot-bitcoin-011023#_ftn16

molly0xfff, to cryptocurrency
@molly0xfff@hachyderm.io avatar

SBF is front page news, even on Wikipedia. Fun fact: I uploaded that photo!

ProPublica, to cryptocurrency
@ProPublica@newsie.social avatar

City Commissioner Charged With Fraudulently Obtaining $1.6 Million in Relief Funds for Her

Despite a history of allegations, Rosalina Mavaega and her husband received one of the city’s largest awards under the American Rescue Plan Act.

Prosecutors say the couple spent the funds buying and on other personal uses.

https://www.propublica.org/article/alaska-anchorage-rosalina-mavaega-fraud-charity-indictment?utm_medium=social&utm_source=mastodon&utm_campaign=mastodon-post

jake4480, to Discord
@jake4480@c.im avatar

If you use Discord, you might wanna know this.

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.

(The article is paywalled probably, etc but it's here) https://www.404media.co/a-spy-site-is-scraping-discord-and-selling-users-messages

sprocket, to cryptocurrency
@sprocket@fosstodon.org avatar

closes shop after committing securities fraud with their

I always knew that there was something fishy about LBRY.

https://www.theguardian.com/technology/2023/jul/16/lbry-closes-odysee-cryptocurrency-tech-sec-fraud-extremist

w7voa, to cryptocurrency
@w7voa@journa.host avatar

Federal judge revokes Sam Bankman-Fried's bail, after finding probable cause the indicted founder of the bankrupt exchange tampered with witnesses at least twice. https://www.reuters.com/legal/ftxs-bankman-fried-seeking-avoid-jail-due-back-court-2023-08-11/

molly0xfff, to random
@molly0xfff@hachyderm.io avatar

An independent examiner will be appointed in the bankruptcy case after all, thanks to a Third Circuit decision overturning the bankruptcy judge's decision not to appoint one.

https://www.courtlistener.com/docket/67621693/66/in-re-ftx-trading-ltd/

molly0xfff,
@molly0xfff@hachyderm.io avatar

This is the very same issue I urged more attention to in my op-ed for the New York Times back in November. Really glad to see it being recognized by the courts!

https://www.nytimes.com/2023/11/08/opinion/fraud-crypto-ftx-trial.html

molly0xfff, to random
@molly0xfff@hachyderm.io avatar

Issue 48 – Bitcoin has "no chance" of going to the moon

Bitcoin ETF fakeouts, imaginary CEOs, and a bridge hack make for an eventful start to the new year.

https://citationneeded.news/issue-48/

avoidthehack, to random

Interview With a Investment Spammer

In light of the crypto spam campaigns that targeted various Mastodon communities.From @briankrebs

https://krebsonsecurity.com/2023/05/interview-with-a-crypto-scam-investment-spammer/

molly0xfff, to Bitcoin
@molly0xfff@hachyderm.io avatar

This week: the aftermath of the ETF approval, tells a judge that crypto's kind of like beanie babies, and an e-pastor says the Lord told him to run a crypto scam.

https://citationneeded.news/issue-49/

molly0xfff, to cryptocurrency
@molly0xfff@hachyderm.io avatar

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".

The government is concerned this may taint the jury pool and intimidate other potential witnesses. They're seeking an order to limit his extrajudicial statements. https://www.courtlistener.com/docket/66631292/176/united-states-v-bankman-fried/

froyed, to security
@froyed@mastodon.social avatar

When you are asked to make answers for security questions, avoid using the real answer. Make up one or use a random jumbo of characters.

In case someone doxxes you, they won't be able to get into your accounts via this method.

markhughes, to cryptocurrency
@markhughes@mastodon.social avatar

If a 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 implementation?

I have long criticised Blockchain but am not opposed to decentralised electronic cash, and interested to learn if those critical of are fundamentally opposed.

mattburgess, to Bitcoin

"How a 27-Year-Old Codebreaker Busted the Myth of Bitcoin’s Anonymity"

New excerpt from @agreenberg's book 'Tracers in the Dark' (which is well worth reading) on WIRED today

https://www.wired.com/story/27-year-old-codebreaker-busted-myth-bitcoins-anonymity/

gcluley, to Cybersecurity
@gcluley@mastodon.green avatar

The SEC 'fesses up. Its Twitter account was hacked due to a SIM swap attack.

Read more in my article on the Bitdefender blog:

https://www.bitdefender.com/blog/hotforsecurity/sec-twitter-hack-blamed-on-sim-swap-attack/

TechDesk, to cryptocurrency
@TechDesk@flipboard.social avatar

Disgraced former billionaire and FTX CEO Sam Bankman-Fried has been sentenced to 25 years in prison for fraud. Decrypt looks at how many years he might actually serve in prison.

https://flip.it/hmHxIQ

CelloMomOnCars, to Energy
@CelloMomOnCars@mastodon.social avatar

As Use of "AI" Soars, So Does the Energy and Water It Requires

"Generative "artificial intelligence" uses massive amounts of for computation and data storage and billions of gallons of to cool the equipment at data centers. Now, legislators and regulators — in the U.S. and the EU — are starting to demand accountability."


https://e360.yale.edu/features/artificial-intelligence-climate-energy-emissions

CelloMomOnCars,
@CelloMomOnCars@mastodon.social avatar

" Companies Must Now Report Their Energy Use to the Government

The Biden administration announced the new requirement last week, citing concerns over what the energy-intensive industry could mean for and energy security."

https://insideclimatenews.org/news/06022024/todays-climate-cryptocurrency-energy-information-administration-energy-use-climate-change/

kubikpixel, to internet German
@kubikpixel@chaos.social avatar

Welchen Browser ihr am besten für mehr Sicherheit und Privatsphäre nutzen solltet, könnt ihr auf @privacytests herausfinden. Geschmackssache und Argumente sind nicht das selbe und helfen selten für eine korrekte technische Entscheidung. Nicht nur Privat sondern hoffentlich auch innerhalb von Firmen.

🌐 https://privacytests.org

kubikpixel,
@kubikpixel@chaos.social avatar

Stop using Brave Browser

The Brave web browser has carved out a niche over the past few years as an alternative to Google Chrome, Mozilla Firefox, and other mainstream web browsers. Some of that has come from its marketing as a privacy-preserving web browser, and it has also been repeatedly evangelized by cryptocurrency enthusiasts.

🌐 https://www.spacebar.news/stop-using-brave-browser/

  • All
  • Subscribed
  • Moderated
  • Favorites
  • megavids
  • rosin
  • ngwrru68w68
  • osvaldo12
  • DreamBathrooms
  • mdbf
  • magazineikmin
  • thenastyranch
  • Youngstown
  • khanakhh
  • everett
  • slotface
  • tacticalgear
  • kavyap
  • JUstTest
  • cubers
  • normalnudes
  • modclub
  • ethstaker
  • InstantRegret
  • GTA5RPClips
  • cisconetworking
  • Durango
  • Leos
  • provamag3
  • tester
  • anitta
  • lostlight
  • All magazines