Notices tagged with crypto

Sam Altman's Eyeball-Scanning Crypto Startup Gets a New App Store

#Innovation #HumanVerification #Crypto #EyeScanningTech #DeveloperEconomy

https://gizmodo.com/sam-altmans-eyeball-scanning-crypto-startup-gets-a-new-app-store-2000582815

#Trump Family Pushes Further Into #Crypto, Starting Another Venture

Eric Trump & Donald Trump Jr. are investing in a #Bitcoin-mining company called American Bitcoin, created by the merger of two firms.

#law #USpol #scam #fraud #EmolumentsClause
https://www.nytimes.com/2025/03/31/business/trump-bitcoin-mining.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=04953B4E-FEFD-4023-A015-77EA7AB351F3

FDIC Rescinds Guidance Around Banks and Crypto

#FDIC #Crypto #FinanceNews #DigitalAssets #RegulationChange

https://slashdot.org/story/25/03/28/2252217/fdic-rescinds-guidance-around-banks-and-crypto

Elon Musk, Against All Evidence, Insists DOGE Is "Careful"

#Believability #Innovation #Crypto #Dogecoin #TechBillionaire

https://www.vanityfair.com/news/story/doge-tries-its-hand-at-optics

Sabotaging Social Security: Behind the leaked memo to cut agency staff and critical services

#PolicyDiscussion #BudgetCuts #Crypto #ElonMusk #SSI

https://www.alternet.org/social-security-leaked-memo/

https://www.europesays.com/1928630/ Trump becomes first US sitting president to speak at a crypto conference #crypto #cryptocurrency

"By setting up a crypto reserve containing dollar-backed stablecoins, the US authorities are signalling to foreign dollar holders that the US government endorses their ownership of these cryptocurrencies. During upcoming negotiations with various governments, with tariffs dangling like the sword of Damocles above their head, the President will drop subtle hints about how pleased he will be if foreign investors buy these stablecoins using their own dollars. If they do buy them, the dollar supply will increase, the dollar exchange rate will dip, no other fiat currency will emerge as a potential suitor to the dollar’s reserve currency status, and dollar-denominated stablecoins will rise in value. As these tokens will now be worth more than a dollar, their issuer will have an incentive to issue more tokens to restore the one-to-one exchange rate with the dollar. In the process, they will buy, with proceeds from the additional tokens they issue and sell, more long-dated US Treasuries to backstop their increased token supply. Bingo! Trump’s twin strategy is fulfilled: the dollar is devalued while demand for long-term US government debt rises, thus pushing down US Treasury yields and his government’s debt servicing costs."

https://unherd.com/2025/03/trumps-crypto-time-bomb/

#USA #Trump #Dollar #Crypto #CryptoCurrencies #PoliticalEconomy

Bone-chilling stuff via @ddayen at @theprospect

@Lurkle points us to the receipts in this incredibly scathing takedown of the 5-alarm fire cryptocurrency bill — & of the frankly traitorous Senate Democrats taking big money from crypto & ready to join all the crooked Republicans cramming it through.

Gillibrand; then Gallego, Slotkin, Schiff, Fetterman, Warner. & Alsobrooks, Rochester, Kim, maybe Schumer.

GOT to read this one to believe it.

https://prospect.org/power/2025-03-10-some-democrats-endorse-bill-allowing-elon-musk-create-own-currency/

#Politics #Crypto #Treason

Trump made $Ms on his meme coin *scheme that keeps his bribes secret. The #crypto fanatics who helped buy him, & many Rs, the 2024 election, are livid bc Trump has crashed the economy. They’re losing money, & WS is suffering losses too.

“This is the biggest Trump-Musk scandal That No one’s Talking About.”

“Sunday blues for Bitcoin as it tumbles back to $80K.”

Trump acknowledged that some of his policies will cause pain in the ST.

#ETTD #USPol
https://newrepublic.com/article/192008/trump-musk-scandal-corruption-crypto
https://www.coindesk.com/markets/2025/03/09/sunday-blues-for-bitcoin-as-it-tumbles-below-usd80k

Jake Tapper Grills GOP Senator About Elon Musk: 'Are You Comfortable' With Elected Officials 'Going to Beg the Richest Man in the World?'

#Senator #GOP #ElectedOfficials #Crypto #Mediaite

https://www.mediaite.com/tv/jake-tapper-grills-gop-senator-about-elon-musk-are-you-comfortable-with-elected-officials-going-to-beg-the-richest-man-in-the-world/

Federal prosecutors who investigated #EricAdams put on leave by #Trump’s #DOJ

The #Justice Dept on Friday put 3 federal prosecutors in Manhattan on leave, sources told ABC News.

2 of the prosecutors–Andrew Rohrbach & Celia Cohen–worked on the prosecution of #NYC Mayor Eric Adams.

Rohrbach also worked on the successful prosecutions of #JeffreyEpstein associate #GhislaineMaxwell, former #crypto executive #SamBankmanFried & lawyer #MichaelAvenatti.

#law #corruption
https://abcnews.go.com/US/federal-prosecutors-investigated-eric-adams-put-leave-justice/story?id=119565695

Noah Berlatsky comments on Trump's pump and dump crypto scheme:

"If you’ve ever wondered what it’s like to live in an authoritarian kleptocracy, this is it."

#Musk #Trump #economy #tariffs #recession #workers #firings #inflation #crypto #corruption #grift
/13

https://www.publicnotice.co/p/trump-crypto-reserve-grifting-corruption

"For the taxpayer, the purpose of such an initiative is obscure. The crypto industry is a hyper-speculative casino. It is not essential to the American financial system, nor are cryptocurrencies essential to the American public. Workers cannot put bitcoin in their gas tanks; parents cannot feed XRP to their kids; businesses do not need cardano to build roads, light cities, produce vaccines, or provide loans to homeowners & entrepreneurs."

#Trump #corruption #economy #crypto #CronyCapitalism
/3

"Congratulations, American taxpayer: You are going all in on crypto.

This weekend, President Donald Trump announced that he is moving forward with a plan to create a strategic cryptocurrency reserve, purchasing bitcoin and ether, as well as the more esoteric instruments XRP, solana, and cardano."

~ Anne Lowrey

#Trump #corruption #economy #crypto #CronyCapitalism
/2

https://www.theatlantic.com/ideas/archive/2025/03/trump-crypto-capitalism/681919/?gift=j43dmafZti9kgQ5HJxDAVON7lKR2Kn9WYG0OJaGlWv8&utm_source=copy-link&utm_medium=social&utm_campaign=share

"The crypto fund is only the latest example of ascendant crony capitalism in Trump’s Washington. The president is strip-mining taxpayer resources and doling out contracts and favors to the politically connected. The risk is not just corruption, but higher interest rates and less competitive markets."

#Trump #corruption #economy #crypto #CronyCapitalism
/4

"Buying a $250 Residency Card From a Tropical Island Let Me Bypass U.S. #Crypto Laws"

https://www.404media.co/buying-a-250-residency-card-from-a-tropical-island-let-me-bypass-u-s-crypto-laws/

#ElSalvador’s wild crypto experiment ends in failure 

https://www.economist.com/finance-and-economics/2025/03/02/el-salvadors-wild-crypto-experiment-ends-in-failure

> Its curtailment is the price of an IMF bail-out. And one worth paying 

#crypto #bitcoin

New from Justin Miller: Republicans want to stamp the State of Texas’ seal on #Bitcoin by creating a “strategic reserve” that could use taxpayer dollars to purchase cryptocurrency. https://www.texasobserver.org/texas-bitcoin-strategic-reserve-senate-bill-21/

#crypto #Republicans #politics #USpol #Texas #TXlege #news #economy #tech

Every cycle https://www.byteseu.com/790154/ #Crypto #CryptoCurrency #Currency