#Tag · bonfire.cafe

https://www.citationneeded.news/issue-90/

@molly0xfff@hachyderm.io · 4 days ago

Newsletter: The Trump administration cracks down on software to limit surveillance of crypto transactions, while celebrating a “deregulatory blitz” tailored for its billionaire benefactors

https://www.citationneeded.news/issue-90/

@molly0xfff@hachyderm.io · 4 days ago

Newsletter: The Trump administration cracks down on software to limit surveillance of crypto transactions, while celebrating a “deregulatory blitz” tailored for its billionaire benefactors

https://www.ft.com/content/8a160bd3-c96d-468a-8052-b0aae43e5aea
#crypto #cryptocurrency

@molly0xfff@hachyderm.io · 5 days ago

Screenshot of I Think You Should Leave episode, where the focus group man states “Oh my God, he admit it!”

Kevin de Patoul, chief executive of crypto market maker Keyrock, says investors should be realistic about what this is. “You’re injecting a huge amount of risk into a system that, in the end, has almost nothing backing it except the continued appreciation of the asset.”

Alex Akselrod boosted

#CZ #Binance #BNB #BNBChain #WLFI #worldlibertyfinancial #trump #uspol #uspolitics #pardon #corruption #pardons #stablecoins #crypto #cryptocurrency

@cryptadamist@universeodon.com · 7 days ago

NYT article about Changpeng Zhao’s quest for a presidential pardon. Worth remembering that Trump’s World Liberty Financial has already launched its #stablecoin #USD1 mostly on the Binance blockchain (BNB) and USD1’s usage in decentralized finance is 99% happening on Binance fake decentralized exchanges (PancakeSwap).

* NYT: https://www.nytimes.com/2025/08/09/us/politics/changpeng-zhao-pardon-trump.html
* Chart of USD1 DEX usage: https://x.com/Cryptadamist/status/1953550895268212945

#CZ #Binance #BNB #BNBChain #WLFI #worldlibertyfinancial #trump #uspol #uspolitics #pardon #corruption #pardons #stablecoins #crypto #cryptocurrency

@cryptadamist@universeodon.com · 7 days ago

* NYT: https://www.nytimes.com/2025/08/09/us/politics/changpeng-zhao-pardon-trump.html
* Chart of USD1 DEX usage: https://x.com/Cryptadamist/status/1953550895268212945

#BoHines #toddHines #strike #crypto #cryptocurrency #sportsGambling #gambling #corruption #uspol #davidsacks #broligarchy #broligarchs #techfascism

@cryptadamist@universeodon.com · last week

Bo Hines, the nepo baby son of Todd Hines who was serving as an advisor to America’s “ #crypto czar” David Sacks, has resigned a few days after his dad Todd Hines joined the advisory board of a crypto sports gambling operation.

But it’s fine, I’m sure he won’t be profiting off of all his new contacts in the highest reaches of the American government.

ﬁ‘ Bo Hines & fo R @BoHines Serving in President Trump’s administration and working alongside our brilliant Al & Crypto Czar @DavidSacks as Executive Director of the White House Crypto Council has been the honor of a lifetime. Together, we have positioned America as the crypto capital of the world. I'm deeply grateful to the industry for its unwavering support — I love this community and all we’ve built together. As | return to the private sector, | look forward to continuing my support for the crypto ecosystem as it thrives here in the United States. 4:39 PM - Aug 9, 2025 - 388.7K Views

CoinMarketFap

@coinmarketfap@toot.community · last week

I just signed up! 🆕

Used to Twitter but I wanted to try out Mastodon to see what it's like. I heard people hate cryptocurrency here but I am interested in the technology behind it. 👩‍💻

Follow and chat if you are interested. 🤠

#Introduction #Twitter #Mastodon #Technology #Cryptocurrency #Bitcoin #Ethereum #Cardano #Solana #Monero #Zcash

The Japan Times

@thejapantimes@mastodon.social · last week

A pair of reports published Thursday linked the recent rise of sex toys being thrown onto WNBA courts to a cryptocurrency group pushing a memecoin. https://www.japantimes.co.jp/sports/2025/08/08/basketball/wnba-sex-toy-incidents-memecoins/?utm_medium=Social&utm_source=mastodon #basketball #wnba #memecoins #cryptocurrency #sophiecunningham

David Gerard boosted

#epsteinfiles #epstein #epsteinCoverup #uspol #SaudiArabia #israel #EhudBarak #uspolitics #JeffreyEpstein #crime #corruption #moneylaundering #bitcoin #crypto #blockchain #FSB #Russia #putin #vladimirPutin #cryptocurrency #BTC #tether #USDT #JustinSun

@cryptadamist@universeodon.com · 2 weeks ago

Ω🪬Ω
#TheCryptocalypseChronicles: Epstein's Arrest Shook The Blockchain

Jeffrey Epstein's arrest seems to have set off a wave of suspicious crypto payments that have heretofore gone unexamined.

1. The 2nd highest volume day in bitcoin history came a week after Epstein died.

2. #Stablecoin transfer volumes doubled less than 48 hours after Epstein was arrested. In particular #Tether, the stablecoin whose money is managed by Epstein's next door neighbor and #Trump's current Secretary of Commerce, saw on chain volumes skyrocket.

Also there's the matter of a bunch of suspicious deaths among Epstein's crypto circle.

(RTs appreciated)
https://cryptadamus.substack.com/p/epsteins-arrest-shook-the-blockchain

@cryptadamist@universeodon.com · 2 weeks ago

Ω🪬Ω
#TheCryptocalypseChronicles: Epstein's Arrest Shook The Blockchain

Jeffrey Epstein's arrest seems to have set off a wave of suspicious crypto payments that have heretofore gone unexamined.

1. The 2nd highest volume day in bitcoin history came a week after Epstein died.

Also there's the matter of a bunch of suspicious deaths among Epstein's crypto circle.

(RTs appreciated)
https://cryptadamus.substack.com/p/epsteins-arrest-shook-the-blockchain

https://www.theblock.co/post/365343/lugano-authorities-recover-satoshi-nakamoto-statue-that-was-thrown-in-lake

@molly0xfff@hachyderm.io · 2 weeks ago

#crypto #cryptocurrency

Headline from The Block: "Lugano authorities recover Satoshi Nakamoto statue that was thrown in lake"

@molly0xfff@hachyderm.io · 2 weeks ago

The article only mentions Crypto.com's $10 million contribution to Trump's super PAC, but doesn't mention that after Trump took office, the SEC dropped their lawsuit against the company. His Truth Social company is now partnering with them to sell crypto ETFs.

@molly0xfff@hachyderm.io replied · 2 weeks ago

I've been tracking the quid pro quo between Trump and the cryptocurrency industry at https://www.followthecrypto.org/quidproquo

Crypto.com
SEC investigation ended with no action
$10 million to Trump PACs
Business partnership with Trump-owned Trump Media & Technology Group
Gemini
SEC enforcement case stayed pending reslution
SEC investigation ended with no action
$4.9 million to crypto-focused super PACs
$2.6 million to Trump super PACs
Kraken
SEC enforcement case dismissed with prejudice
Relaunched staking services which were shut down as part of a February 2023 SEC settlement
$1 million to Trump super PACs
$1 million to Trump inauguration fund
$1 million to crypto-focused super PACs
Circle
SEC approved IPO
Favorable stablecoin regulation
$1 million to Trump inauguration fund
$1 million to crypto-focused super PACs
Robinhood
SEC investigation ended with no action
$2 million to Trump inauguration fund
ConsenSys
SEC enforcement case dismissed with prejudice
$800,000 to crypto-focused super PACs
Binance
SEC enforcement case dismissed with prejudice
Reported talks with US Treasury Department to remove compliance monitor
Former Binance CEO Changpeng Zhao seeking pardon
Listed USD1 for trading
$2 billion investment from MGX denominated in USD1
Reported Trump family talks to acquire stake in Binance US — Crypto.com SEC investigation ended with no action $10 million to Trump PACs Business partnership with Trump-owned Trump Media & Technology Group Gemini SEC enforcement case stayed pending reslution SEC investigation ended with no action $4.9 million to crypto-focused super PACs $2.6 million to Trump super PACs Kraken SEC enforcement case dismissed with prejudice Relaunched staking services which were shut down as part of a February 2023 SEC settlement $1 million to Trump super PACs $1 million to Trump inauguration fund $1 million to crypto-focused super PACs Circle SEC approved IPO Favorable stablecoin regulation $1 million to Trump inauguration fund $1 million to crypto-focused super PACs Robinhood SEC investigation ended with no action $2 million to Trump inauguration fund ConsenSys SEC enforcement case dismissed with prejudice $800,000 to crypto-focused super PACs Binance SEC enforcement case dismissed with prejudice Reported talks with US Treasury Department to remove compliance monitor Former Binance CEO Changpeng Zhao seeking pardon Listed USD1 for trading $2 billion investment from MGX denominated in USD1 Reported Trump family talks to acquire stake in Binance US

Quid pro quo
Cryptocurrency companies are reaping the benefits of their contributions to Trump and other pro-crypto politicians.
Company Benefit Contribution
Justin Sun and Tron
SEC enforcement case stayed pending resolution
Criminal investigation possibly paused
$100 million to purchase $TRUMP memecoins
$75 million to purchase WLFI tokens from Trump-owned World Liberty Financial
$37.7 million to purchase $TRUMP memecoins (via HTX)
Listed USD1 for trading on HTX
Cumberland DRW
SEC enforcement case dismissed with prejudice
$100 million investment into Trump-owned Trump Media & Technology Group
$100,000 to crypto-focused super PACs
Ripple
SEC enforcement case stayed pending resolution
Joint request to return $75 million of previous SEC fine to Ripple
$73 million to crypto-focused super PACs
$5 million to Trump inauguration fund
Coinbase
SEC enforcement case dismissed with prejudice
Relaunched bitcoin borrowing program previously shut down after SEC warnings
$75 million to crypto-focused super PACs
$1 million to Senate super PACs
$1 million to Trump inauguration fund
Sponsored Trump birthday military parade
Andreessen Horowitz
Four Andreessen Horowitz employees installed in formal or informal positions of influence at the White House
$70 million to crypto-focused super PACs
$5.35 million to Trump super PACs — Quid pro quo Cryptocurrency companies are reaping the benefits of their contributions to Trump and other pro-crypto politicians. Company Benefit Contribution Justin Sun and Tron SEC enforcement case stayed pending resolution Criminal investigation possibly paused $100 million to purchase $TRUMP memecoins $75 million to purchase WLFI tokens from Trump-owned World Liberty Financial $37.7 million to purchase $TRUMP memecoins (via HTX) Listed USD1 for trading on HTX Cumberland DRW SEC enforcement case dismissed with prejudice $100 million investment into Trump-owned Trump Media & Technology Group $100,000 to crypto-focused super PACs Ripple SEC enforcement case stayed pending resolution Joint request to return $75 million of previous SEC fine to Ripple $73 million to crypto-focused super PACs $5 million to Trump inauguration fund Coinbase SEC enforcement case dismissed with prejudice Relaunched bitcoin borrowing program previously shut down after SEC warnings $75 million to crypto-focused super PACs $1 million to Senate super PACs $1 million to Trump inauguration fund Sponsored Trump birthday military parade Andreessen Horowitz Four Andreessen Horowitz employees installed in formal or informal positions of influence at the White House $70 million to crypto-focused super PACs $5.35 million to Trump super PACs

https://www.nytimes.com/2025/08/02/us/politics/donor-list-suggests-scale-of-trumps-pay-for-access-operation.html

@molly0xfff@hachyderm.io · 2 weeks ago

The scale of Trump's pay-for-access scheme outlined by the Times is mindblowing. Crypto contributions resulting in business deals with the Trump family crypto businesses, oil companies buying influence and later reaping benefits from friendly policies, and a $1 million pardon.

#Cardano #ADA #CardanoADA #JPGStore #NFT #NFTs #CardanoNFT #Cryptocurrency #Blockchain

Cryptocurrency interests, which have benefited from the Trump administration’s dismantling of a yearslong government crackdown and from the Trump family’s financial interest in the industry, appear to have been the most generous industry, accounting for nearly $45 million in donations to MAGA Inc.An affiliate of the exchange Crypto.com gave $10 million, while the crypto services company Blockchain.com donated $5 million. The venture capitalists Marc Andreessen and Ben Horowitz, who are heavily invested in crypto, gave $3 million each. Ondo Finance, which has a partnership with the Trump family’s crypto company, donated $2.1 million to MAGA Inc., on top of $1 million to Mr. Trump’s inauguration.

When the cryptocurrency entrepreneur Eric Schiermeyer heard that President Trump was holding small group dinners with major donors, he saw opportunity.
Mr. Schiermeyer reached out to a lobbyist with connections in Mr. Trump’s orbit, who arranged for him to attend a dinner with the president at his private Mar-a-Lago club on March 1 in exchange for donations to a pro-Trump PAC called MAGA Inc. totaling $1 million.
The personal and corporate donations were among dozens of seven- and eight-figure contributions to MAGA Inc. from crypto and other interests revealed in a campaign finance filing on Thursday night that hinted at the access Mr. Trump accords those willing to pay.
At the dinner, Mr. Schiermeyer, who had never given a federal political donation before, presented an idea for a cryptocurrency called “U.S.A. Token” that would be distributed to every citizen, according to interviews and a flier he distributed to attendees that sets out details of the proposal. He hoped it could be supported through a federal contract with his company. — When the cryptocurrency entrepreneur Eric Schiermeyer heard that President Trump was holding small group dinners with major donors, he saw opportunity. Mr. Schiermeyer reached out to a lobbyist with connections in Mr. Trump’s orbit, who arranged for him to attend a dinner with the president at his private Mar-a-Lago club on March 1 in exchange for donations to a pro-Trump PAC called MAGA Inc. totaling $1 million. The personal and corporate donations were among dozens of seven- and eight-figure contributions to MAGA Inc. from crypto and other interests revealed in a campaign finance filing on Thursday night that hinted at the access Mr. Trump accords those willing to pay. At the dinner, Mr. Schiermeyer, who had never given a federal political donation before, presented an idea for a cryptocurrency called “U.S.A. Token” that would be distributed to every citizen, according to interviews and a flier he distributed to attendees that sets out details of the proposal. He hoped it could be supported through a federal contract with his company.

Matt ⁂ 🇳🇴 🇺🇦 boosted

2 years ago

It makes me chuckle a little that one of the biggest NFT stores on the Cardano blockchain is just called 'JPG Store'.

So many people are like "NFTs are shit. Do you not realise you're just buying an image?" and the name 'JPG Store' is just screaming "Come and buy some expensive JPGs"

https://www.jpg.store

Jonathan Schofield

@urlyman@mastodon.social · 3 weeks ago

Went to a bank branch today to make a payment I have to make in person due to various factors.

Was waiting to be seen and overheard a conversation between a bank employee and another customer. The employee was dumbstruck by the customer not having internet access and therefore struggling to suggest next steps.

We are storing up *so* much trouble. Building systems that are failing people

-0--1-

@_9CL7T9k8cjnD_@mastodon.social replied · 3 weeks ago

@urlyman I think it might help to summarize this thread. The current trajectory of #LateStageCapitalism looks bleak. Especially with the Trump GOP push of #CryptoCurrency

https://www.nytimes.com/2025/07/29/opinion/trump-crypto-genius-act-memcoin.html

@molly0xfff@hachyderm.io · 3 weeks ago

There is really no comparison in American history to the blatant corruption.

@molly0xfff@hachyderm.io replied · 3 weeks ago

We should live in a world where selling out to corporate money or being completely spineless and ineffective in office is what threatens re-election.

Republicans in Congress, White continued,
would be horrified if any other president, particularly a Democratic one, was profiting from the office of the presidency in the way that Trump is, but they are so terrified of him that they haven’t said a word about it.
And the crypto lobby and its hundreds of millions in campaign donations, has produced a truly shameful situation among Democrats who have either sold out to the crypto lobby, or who are so afraid of opposition when it comes time for re-election that they’re keeping their mouths shut. We should live in a world where selling out to corporate money or being completely spineless and ineffective in office is what threatens re-election. — Republicans in Congress, White continued, would be horrified if any other president, particularly a Democratic one, was profiting from the office of the presidency in the way that Trump is, but they are so terrified of him that they haven’t said a word about it. And the crypto lobby and its hundreds of millions in campaign donations, has produced a truly shameful situation among Democrats who have either sold out to the crypto lobby, or who are so afraid of opposition when it comes time for re-election that they’re keeping their mouths shut. We should live in a world where selling out to corporate money or being completely spineless and ineffective in office is what threatens re-election.

https://www.nytimes.com/2025/07/29/opinion/trump-crypto-genius-act-memcoin.html

@molly0xfff@hachyderm.io · 3 weeks ago

There is really no comparison in American history to the blatant corruption.

Cory Doctorow boosted

@molly0xfff@hachyderm.io · 3 weeks ago

The prosecution's flailing attempts to navigate around the Blanche memo exemplify the incoherence of the Trump administration's approach to cryptocurrency enforcement: carveouts for powerful allies while continuing aggressive prosecutions to avoid appearing soft on cybercrime.