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Search results for tag #crypto

[?]⚯ Michel de Cryptadamus ⚯ » 🌐
@cryptadamist@universeodon.com

World’s hardest core / most respected investigative journalists over at dropping carpet bombs all over the industry today with a massive long form investigatory series called The Coin Laundry… family and catching some serious strays.

> "Funds from a...ring of Chinese traffickers of ... flowed to various accounts at , and a Russian money launderer specializing in moving crypto for North Korea’s weapons program maintained an account at [Donald Trump’s business partner 's] [crypto exchange]".

icij.org/investigations/coin-l

    [?]⚯ Michel de Cryptadamus ⚯ » 🌐
    @cryptadamist@universeodon.com

    continues to be the joke that writes itself.

    * video: x.com/henri_fjord/status/19902
    * eric adams crypto corruption: cryptadamus.substack.com/p/eri

    Eric Adams at the wailing wall, wearing a yarmulke: "I wanted to come back here to Israel and let you know that I served you as the mayor.

    Alt...Eric Adams at the wailing wall, wearing a yarmulke: "I wanted to come back here to Israel and let you know that I served you as the mayor.

      [?]⚯ Michel de Cryptadamus ⚯ » 🌐
      @cryptadamist@universeodon.com

      Ω🚨Ω

      smoking gun as far as epstein crypto / political fuckery...

      one of the more ominous emails in the collection is a conversation where and discuss "coin issues", "campaign donations", and "foreign donors" in response to an email about General not being trusted with classified intel by the administration.

      we can be sure they’re talking about in the context of campaign donations + foreign donors because epstein asks bannon about "brocks people" (meaning who’s involved with / / lots of chinese exchanges / / etc) then saying he found a right wing “swiss” crypto bro to work with in named (who apparently is a Substackoor should you want to test out putting his name in that Substack search bar)

      also note the scare quotes around the word "swiss". is actually a city in but 's pretty clearly saying that the crypto bros in Zug aren’t actually swiss.

      From: "jeffrey E." <jeevacation@gmail.corn> Date: Sat, 24 Feb 2018 08:13:08 -0500 To: Steve Bannon<> Subject: Re: Lawyer for Susan Rice: Obama administration justifiably concerned' about sharing intel with Trump team - POLITICO HOUSE OVERSIGHT 026260 coin issues. : receive coins, distribute coins, pay in coins, coin cooperative, prohibitions foreign donor.? i need to understand flow of funds. . donor to campiagn c?s. does it have to go to campaign first. . does it have to go there at all etc. On Sat, Feb 24, 2018 at 7:48 AM, Steve Bannon < I> wrote: https://www.politico.com/story/2018/02/23/susan-rice-lawyer-obama-administration-classified-intelligence-michael-flynn-trump-423437

      Alt...From: "jeffrey E." <jeevacation@gmail.corn> Date: Sat, 24 Feb 2018 08:13:08 -0500 To: Steve Bannon<> Subject: Re: Lawyer for Susan Rice: Obama administration justifiably concerned' about sharing intel with Trump team - POLITICO HOUSE OVERSIGHT 026260 coin issues. : receive coins, distribute coins, pay in coins, coin cooperative, prohibitions foreign donor.? i need to understand flow of funds. . donor to campiagn c?s. does it have to go to campaign first. . does it have to go there at all etc. On Sat, Feb 24, 2018 at 7:48 AM, Steve Bannon < I> wrote: https://www.politico.com/story/2018/02/23/susan-rice-lawyer-obama-administration-classified-intelligence-michael-flynn-trump-423437

      From: Steve Bannon Sent: 2/24/2018 1:23:41 PM To: Jeffrey Epstein [jeevacation@gmail.com] Subject: Re: Lawyer for Susan Rice: Obama administration 'justifiably concerned' about sharing intel with Trump team - Importance: High I think I have the most solid guy on the right--tied into the 'swiss' guys Named jeffrey wernick--going thru due diligence now ---ive known him a while as I've studied this--he can walk u thru the deal From: "jeffrey E." <jeevacation@gmail.com> Date: Sat, 24 Feb 2018 08:20:46 -0500 To: Steve Bannon<___________________ Subject: Re: Lawyer for Susan Rice: Obama administration justifiably concerned' about sharing intel with Trump team - POLITICO do you have coin guys. brocks people . or should we find? some of the lefty crpto guys , might find it difficult to join, but they said bringing tech to discourse is on a higher plane

      Alt...From: Steve Bannon Sent: 2/24/2018 1:23:41 PM To: Jeffrey Epstein [jeevacation@gmail.com] Subject: Re: Lawyer for Susan Rice: Obama administration 'justifiably concerned' about sharing intel with Trump team - Importance: High I think I have the most solid guy on the right--tied into the 'swiss' guys Named jeffrey wernick--going thru due diligence now ---ive known him a while as I've studied this--he can walk u thru the deal From: "jeffrey E." <jeevacation@gmail.com> Date: Sat, 24 Feb 2018 08:20:46 -0500 To: Steve Bannon<___________________ Subject: Re: Lawyer for Susan Rice: Obama administration justifiably concerned' about sharing intel with Trump team - POLITICO do you have coin guys. brocks people . or should we find? some of the lefty crpto guys , might find it difficult to join, but they said bringing tech to discourse is on a higher plane

        [?]⚯ Michel de Cryptadamus ⚯ » 🌐
        @cryptadamist@universeodon.com

        i tried to dig up everything said to or by Jeffrey Epstein about in the 20,000 page document dump foisted upon the world by the house oversight committee.

        unsurprisingly it turns out there was a quite a lot of discussion of the subject.

        * raw dog it on twitter: x.com/Cryptadamist/status/1989
        * twitter with that xcancel condom: xcancel.com/Cryptadamist/statu
        * non twitter threadreader but it’s missing a few posts at the end: threadreaderapp.com/thread/198

          [?]⚯ Michel de Cryptadamus ⚯ » 🌐
          @cryptadamist@universeodon.com

          wake up babe there's a fun new geopolitical wrinkle in the cryptoverse

          coindesk.com/policy/2025/11/09

            [?]Toni Aittoniemi » 🌐
            @gimulnautti@mastodon.green

            Stablecoins are being used by the USA as another means of going into more debt and hiding the fact that they are doing so.

            -Yanis Varoufakis & Wolfgang Munchau

            youtube.com/watch?v=B99oUIHMWJI

              [?]⚯ Michel de Cryptadamus ⚯ » 🌐
              @cryptadamist@universeodon.com

              future of finance

              theweek.in/news/middle-east/20

                [?]Nonilex » 🌐
                @Nonilex@masto.ai

                With little public scrutiny, the admin is handing out hundreds of billions of dollars in tax cuts to some of the country’s most profitable companies & wealthiest investors.

                The Dept & , through a series of new notices & proposed , are giving breaks to giant firms, companies, investors, providers & a variety of multinational .

                  [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                  @cryptadamist@universeodon.com

                  china just sentenced a bunch of crypto scammers to death

                  protos.com/china-is-sentencing

                    [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                    @cryptadamist@universeodon.com

                    one of the largest crypto protocols is currently being robbed, $88 million stolen and counting. it will probably turn out to be (because it's almost always north korea) but TBD.

                    one of the fun things about crypto is that when someone robs a bank you can watch the getaway car drive away just by clicking on some links in a blockchain explorer.

                    [edit] details of the bug that was exploited if you’re into that kind of thing: x.com/moo9000/status/198526273

                    [edit] ended up being a ~$130 million heist.

                    UPDATE: The attack is ongoing. The estimated loss is ~$88M on multiple chains Quote PeckShieldAlert @PeckShieldAlert · 38m #PeckShieldAlert @balancer has been drained ~$70.8M worth of cryptos, including 6,851.12 $osETH (~$27M), 6,587.44 $WETH (~$24.5M) & 4,259.84 $wstETH (19.3M)

                    Alt...UPDATE: The attack is ongoing. The estimated loss is ~$88M on multiple chains Quote PeckShieldAlert @PeckShieldAlert · 38m #PeckShieldAlert @balancer has been drained ~$70.8M worth of cryptos, including 6,851.12 $osETH (~$27M), 6,587.44 $WETH (~$24.5M) & 4,259.84 $wstETH (19.3M)

                      [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                      @cryptadamist@universeodon.com

                      men will create their own version of with just so they can rewrite the page before they will go to therapy

                      Mario Nawfal @MarioNawfal GROKIPEDIA VS WIKIPEDIA: HOW BITCOIN EXPOSED THE WAR ON TRUTH Wikipedia treats Bitcoin like a suspicious side hustle, while Grokipedia treats it like what it actually is: a revolution with a blockchain. Wikipedia’s Bitcoin page reads like it was edited by central bankers after a bad day on Coinbase. It calls it “speculative,” parrots Krugman’s “Ponzi scheme” insult, and cries about energy use like fiat printing presses don’t run on fossil fuels and hypocrisy. The whole thing is padded with IMF talking points about “volatility” and “criminal use,” basically begging you to stay safely in debt. Grokipedia, on the other hand, doesn’t flinch. It spells out the obvious: Bitcoin’s fixed supply means no inflation theft. It’s “digital gold” in an age of paper lies, born from the ashes of the 2008 bailouts that proved governments protect bankers, not people. It even breaks down how mining is pushing renewables faster than most “green” bureaucrats ever did. The difference couldn’t be clearer. Wikipedia worships “neutrality” while quietly defending the financial status quo. Grokipedia calls it like it is: Bitcoin is the first real check on state power since the printing press.

                      Alt...Mario Nawfal @MarioNawfal GROKIPEDIA VS WIKIPEDIA: HOW BITCOIN EXPOSED THE WAR ON TRUTH Wikipedia treats Bitcoin like a suspicious side hustle, while Grokipedia treats it like what it actually is: a revolution with a blockchain. Wikipedia’s Bitcoin page reads like it was edited by central bankers after a bad day on Coinbase. It calls it “speculative,” parrots Krugman’s “Ponzi scheme” insult, and cries about energy use like fiat printing presses don’t run on fossil fuels and hypocrisy. The whole thing is padded with IMF talking points about “volatility” and “criminal use,” basically begging you to stay safely in debt. Grokipedia, on the other hand, doesn’t flinch. It spells out the obvious: Bitcoin’s fixed supply means no inflation theft. It’s “digital gold” in an age of paper lies, born from the ashes of the 2008 bailouts that proved governments protect bankers, not people. It even breaks down how mining is pushing renewables faster than most “green” bureaucrats ever did. The difference couldn’t be clearer. Wikipedia worships “neutrality” while quietly defending the financial status quo. Grokipedia calls it like it is: Bitcoin is the first real check on state power since the printing press.

                        [?]vicash » 🌐
                        @vicash@fosstodon.org

                        What is going on with ? ZECUSD price has 10x’d in the last few weeks.

                          [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                          @cryptadamist@universeodon.com

                          the latest and greatest from Marc Andreessen’s is , an app to let you gamble on your child support payments and bill.

                          no, really. and they’re also launching a credit card which promises 100% cash back or something? this is truly the “american dynamism” we were promised.

                          We disrupt personal finance through gamification, starting by letting people bet against their bills. On Coverd, users can play for as little as $0.01 to have entire credit card bills or obligations written off. We want to become the best personal finance solution based on game and interaction data. Reach us at investors@coverd.us

                          Alt...We disrupt personal finance through gamification, starting by letting people bet against their bills. On Coverd, users can play for as little as $0.01 to have entire credit card bills or obligations written off. We want to become the best personal finance solution based on game and interaction data. Reach us at investors@coverd.us

                            [?]Luka Rubinjoni » 🌐
                            @rubinjoni@mastodon.social

                            Can't wait for the US government to start sanctioning crypto wallets.

                              [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                              @cryptadamist@universeodon.com

                              turns out actually understands “borrow money to buy bitcoin” companies like 's / perfectly

                              jo} Grok #% x vee @grok Yes, it's true. SMSTR's "earnings" are just smoke and mirrors from Bitcoin's price pump. Without that crypto fairy dust, their software biz would be bleeding red. Saylor's guidance? Pure hopium betting on BTC mooning by year-end. Total farce.

                              Alt...jo} Grok #% x vee @grok Yes, it's true. SMSTR's "earnings" are just smoke and mirrors from Bitcoin's price pump. Without that crypto fairy dust, their software biz would be bleeding red. Saylor's guidance? Pure hopium betting on BTC mooning by year-end. Total farce.

                                [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                                @cryptadamist@universeodon.com

                                new CEO of the favourite of both the industry as well as was just arrested for child sex stuff and maybe even child slavery (“buying or selling of children” is allegedly among his charges).

                                Reminder that Evolve Bank & Trust was:

                                - george santos & andy ogles campaigns' bank
                                - debit card provider
                                - bankruptcy disaster banking partner
                                - hacked by
                                - a venezuelan money laundry

                                and those are the confirmed offences. one assumes there are at least a few bodies that have not floated to the surface yet.

                                Evolve Bank CEO sought sex from 15-year-old boy on Grindr, used name 'Tom Little, FBI Says FOX13 Memphis News Staff 2 hrs ago

                                Alt...Evolve Bank CEO sought sex from 15-year-old boy on Grindr, used name 'Tom Little, FBI Says FOX13 Memphis News Staff 2 hrs ago

                                  Gene Cowan 🏳️‍🌈 boosted

                                  [?]Nonilex » 🌐
                                  @Nonilex@masto.ai

                                  The family raked in more than $800 million from sales of assets in the first half of 2025 alone, a Reuters examination found, on top of potentially billions more in unrealized “on paper” gains. Much of that cash has come from sources as Donald Trump's sons have touted their business on an international investor roadshow.


                                  reuters.com/investigations/ins

                                    [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                                    @cryptadamist@universeodon.com

                                    congratulations americans, you will soon be able to bet on the outcome of the 2026 elections at a business operated by an infernal conglomeration of the trump family and an organized crime adjacent crypto exchange (Crypto[.]com) whose assets were seized by the Bank of for for a few years ago.

                                    what could go wrong?

                                    * Fortune: fortune.com/crypto/2025/10/28/
                                    * Crypto Dot Con?: cryptadamus.substack.com/p/are

                                    Trump media firm dives into red hot prediction markets, in tie-up with Crypto.com

                                    Alt...Trump media firm dives into red hot prediction markets, in tie-up with Crypto.com

                                      [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                                      @cryptadamist@universeodon.com

                                      recent price chart for the shows a massive crash in price on the left (when Trump announced new tariffs on ) and a massive pump just now (when Trump TACOed and announced there would be a trade deal with china) coincidentally back to exactly the same price it was before the first announcement.

                                      99.9% of TRUMP trading happens on offshore exchanges that are controlled by chinese nationals and banned from operating within the US.

                                      every $1 the price moves up the trump family gets a billion dollars and every $1 the price goes down the trump family loses a billion dollars.

                                      put it all together and it means the chinese can pump or dump the trump family's net worth by billions any time they want to. the response will be predictably pavlovian.

                                      price chart of Trump showing drop from $7.50 to $5.50 on october 11th and immediate jump from $6.00 to $7.50 a few hours ago

                                      Alt...price chart of Trump showing drop from $7.50 to $5.50 on october 11th and immediate jump from $6.00 to $7.50 a few hours ago

                                        [?]Toni Aittoniemi » 🌐
                                        @gimulnautti@mastodon.green

                                        One one hand Trump pardons Binance founder sentenced for profiting off and not reporting transactions made by terrorist organisations and drug dealers. (Who pumped the Trump coin, thus buying himself a pardon)

                                        On the other hand he starts a war with Venezuela allegedly for them being engaged in the same exact kinds of business.

                                        What’s the problem, Donny? Maduro not pumping your coin? If this is not the sign of corruption, I don’t know what is.

                                          [?]Ω 🌍 Gus Posey » 🌐
                                          @Gustodon@mas.to

                                          I can't help but smile when I imagine the various conservatives who hold their wealth by the calcarate feet of and .

                                            [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                                            @cryptadamist@universeodon.com

                                            you'll never guess who's paying for the new wing of the White House

                                            (hint: it's bros)

                                            The donors include tech giants whose leaders have dined with Trump during his second administration, including Amazon, Apple, Google and Meta Platforms. Also heavily represented on the list were key players in the crypto twins, who have emerged as fierce allies of the president in recent months. Rounding out the list are tobacco companies Altria Group and Reynolds American, an oil magnate, and others who are subject to government regulations.

                                            Alt...The donors include tech giants whose leaders have dined with Trump during his second administration, including Amazon, Apple, Google and Meta Platforms. Also heavily represented on the list were key players in the crypto twins, who have emerged as fierce allies of the president in recent months. Rounding out the list are tobacco companies Altria Group and Reynolds American, an oil magnate, and others who are subject to government regulations.

                                              Luka Rubinjoni boosted

                                              [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                                              @cryptadamist@universeodon.com

                                              2/ here's an explanation of how Changpeng Zhao's ~$90 million per year PaaS plan ("pardons as a service") works:

                                              this is a chart of the amount of the trump family stablecoin USD1 in existence. the large yellow block is $2 billion worth of the trump family’s stablecoin (USD1) that was given to binance (a company that was hit with the largest fine in history after being convicted of laundering money for terrorists and child abusers) by the united arab emirates, in exchange for which trump gave the UAE access to america’s top end AI chips, which will end up in china. binance could cash in those USD1 tokens for actual cash. every year they refrain from doing so roughly $70-100 million in interest payments on that cash (that binance could be earning if they just went and got the cash!) is transferred directly into the trump and witkoff family’s bank accounts. this is happening while the former CEO of Binance, who did time in a federal penitentiary for laundering money for iran, north korea, russia, and various child abuse rings, is petitioning trump for a pardon. then look at the TRUMP and MELANIA memecoins. look at Truth Social’s stock ticker (DJT). look at all the enormous fraudsters who got pardoned after making large donations (trevor milton, phil esformes, and on and on). that’s still just the tip of the iceberg.

                                              Alt...this is a chart of the amount of the trump family stablecoin USD1 in existence. the large yellow block is $2 billion worth of the trump family’s stablecoin (USD1) that was given to binance (a company that was hit with the largest fine in history after being convicted of laundering money for terrorists and child abusers) by the united arab emirates, in exchange for which trump gave the UAE access to america’s top end AI chips, which will end up in china. binance could cash in those USD1 tokens for actual cash. every year they refrain from doing so roughly $70-100 million in interest payments on that cash (that binance could be earning if they just went and got the cash!) is transferred directly into the trump and witkoff family’s bank accounts. this is happening while the former CEO of Binance, who did time in a federal penitentiary for laundering money for iran, north korea, russia, and various child abuse rings, is petitioning trump for a pardon. then look at the TRUMP and MELANIA memecoins. look at Truth Social’s stock ticker (DJT). look at all the enormous fraudsters who got pardoned after making large donations (trevor milton, phil esformes, and on and on). that’s still just the tip of the iceberg.

                                                [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                                                @cryptadamist@universeodon.com

                                                1/ nothing says "america first" like pardoning canadian¹ crypto criminals that laundered truly staggering amounts of money (possibly hundreds of billions of dollars) for drug , , russian oligarchs, fentanyl traffickers, gangs, and child abusers, at least as long as they pay ~$90 million / year to your crypto business.
                                                wsj.com/finance/currencies/tru

                                                ¹ pronounced "chinese"

                                                screenshot of WSJ article

                                                Alt...screenshot of WSJ article

                                                  Nonya Bidniss boosted

                                                  [?]Molly White » 🌐
                                                  @molly0xfff@hachyderm.io

                                                  Donald Trump has pardoned Binance founder Changpeng Zhao. Binance has been a major supporter of Trump's crypto projects, and Trump has already made millions after Binance accepted a $2 billion investment from an Emirati fund denominated in the Trump family's USD1 stablecoin.

                                                  One of the people CZ hired to lobby for the pardon is Teresa Goody Guillén, a lawyer who has simultaneously represented the Trump World Liberty Financial project. She's also lobbied on behalf of Binance on crypto-related topics.

                                                  wsj.com/finance/currencies/tru

                                                  WSJ headline: Trump Pardons Convicted Binance Founder Subhead: Pardon follows months of efforts by Changpeng Zhao to boost Trump crypto company

                                                  Alt...WSJ headline: Trump Pardons Convicted Binance Founder Subhead: Pardon follows months of efforts by Changpeng Zhao to boost Trump crypto company

                                                    [?]Nonilex » 🌐
                                                    @Nonilex@masto.ai

                                                    Earlier this year, he pardoned the founders of exchange BitMEX in connection with similar anti-money laundering violations and the founder of electric truck company Nikola convicted of fraud. He has also commuted the sentence of the executive of now-defunct start-up Ozy Media.

                                                      [?]Nonilex » 🌐
                                                      @Nonilex@masto.ai

                                                      Trump's of paves the way for the mogul to return to the business he helped found in 2017. He has already served his time in prison after a judge sentenced him to four months.

                                                      Zhao's is the latest in a series has doled out to executives convicted of white collar crimes.

                                                        [?]Nonilex » 🌐
                                                        @Nonilex@masto.ai

                                                        , one of the most powerful people in the world, had to step down as chief of when the company agreed to a $4.3 billion settlement with the U.S. government to end a years-long probe into misconduct at the world's largest crypto exchange.

                                                          [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                                                          @cryptadamist@universeodon.com

                                                          Ω🪬Ω
                                                          : Make Argentina Gold Again (Again?)

                                                          A stroll through various aspects of the American taxpayers' quest to bailout 's Javier Milei, with particular attention paid to agricultural products, Argentina's missing reserves, and the myriad ways American taxpayer money might end up in the hands of crypto bros.

                                                          Special guest appearances by Tether Gold, Howard Lutnick, & Rob Citrone.

                                                          * Substack: cryptadamus.substack.com/p/mak
                                                          * DocumentCloud: legacy.www.documentcloud.org/d

                                                          (Retoots appreciated)

                                                          Make Argentina Gold Again (Again?) The agony and the ecstasy of America's bailout of Argentina.

                                                          Alt...Make Argentina Gold Again (Again?) The agony and the ecstasy of America's bailout of Argentina.

                                                            [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                                                            @cryptadamist@universeodon.com

                                                            “may you live in interesting times”
                                                            x.com/WatcherGuru/status/19811

                                                            (fwiw i definitely do not think the CIA created bitcoin, though I do have strong opinions about who did because all the available evidence points in the same direction: satoshi is cypherpunk encryption programmer turned international drug kingpin and warlord Paul LeRoux. see here: substack.com/home/post/p-77404 )

                                                            @WatcherGuru JUST IN: 🇺🇸 Tucker Carlson says he will not invest in Bitcoin because he believes the CIA created it.

                                                            Alt...@WatcherGuru JUST IN: 🇺🇸 Tucker Carlson says he will not invest in Bitcoin because he believes the CIA created it.

                                                              [?]Jupiter Rowland » 🌐
                                                              @jupiter_rowland@hub.netzgemeinde.eu

                                                              @visionaire Mit denen würde ich auch nicht klarkommen können. Ich meine, diese Cryptobros versuchen allen klarzumachen, daß das Metaversum, also virtuelle 3-D-Welten, technisch nicht realisierbar wären ohne Blockchain, ohne Kryptowährung, ohne Land per NFTs zu verkaufen und ohne Objekte als NFTs anzubieten.

                                                              Haha.

                                                              Jetzt in diesem Augenblick bin ich eingeloggt in eine virtuelle Welt, die seit Anfang 2010 existiert. Auf Basis eines Virtuelle-Welten-Systems von Anfang 2007, das komplett ohne Blockchain, ohne Crypto und ohne NFTs auskommt, und wo auch schon seit 2007 das Wort "Metaverse" Teil des ständigen Sprachgebrauchs ist.

                                                              Dieser Kanal und meine Zusatzkanäle auf (streams) sind alle nach meinem Hauptavatar benannt.

                                                              Ich habe sogar Avatare in einem Grid auf Basis derselben Software, das schon seit Mitte 2007 existiert.

                                                              Die Cryptobros führen ja auch gern Decentraland als Leuchtturmprojekt auf, als "erstes dezentrales Metaversum überhaupt". Auch das ist Blödsinn. Dezentral ist an Decentraland nur, daß es nicht auf der Bitcoin-Blockchain läuft, sondern auf der von Etherium. Ansonsten ist Decentraland nur eine einzige Welt, ein zentralistischer Walled Garden.

                                                              Wo ich bin, das ist ein Netzwerk von über 4000 individuellen Welten, von denen die allermeisten miteinander verbunden sind mittels einer Technologie, die es auch schon seit Mitte 2008 gibt.

                                                              Und ich bin verbunden mit einer halben Busladung Leute, die in Second Life sind, das auch schon seit 2002 existiert, auch ohne Blockchain, Crypto und NFTs.

                                                              Da können mir die Cryptobros also viel erzählen.

                                                              #Long #LongPost #CWLong #CWLongPost #LangerPost #CWLangerPost #Metaverse #Metaversum #VirtuelleWelten #Crypto #Blockchain #NFTs

                                                                [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                                                                @cryptadamist@universeodon.com

                                                                's "Base" went down when failed.

                                                                is pure decentralization theater. there is no decentralization, there's just a buzzword you can now throw out any time you don't want to comply with financial regulations.

                                                                Woman: Base is decentralized Man: Be honest Woman: Base is progressively decentralized Man: be honest woman: base runs on AWS man: thank you

                                                                Alt...Woman: Base is decentralized Man: Be honest Woman: Base is progressively decentralized Man: be honest woman: base runs on AWS man: thank you

                                                                  [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                                                                  @cryptadamist@universeodon.com

                                                                  this is an actual slide from a real presentation a few months ago by the king of the “borrow money to buy bitcoin” companies / Strategy /

                                                                  LONG TERM BTC CAPITAL STRUCTURE (~3 years) picture of a pyramid with MSTR at the bottom, BTC in the next layer, the STRD, STRK, STRC, and STRF

                                                                  Alt...LONG TERM BTC CAPITAL STRUCTURE (~3 years) picture of a pyramid with MSTR at the bottom, BTC in the next layer, the STRD, STRK, STRC, and STRF

                                                                    [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                                                                    @cryptadamist@universeodon.com

                                                                    @brian_greenberg except the seized bitcoins were probably not the proceeds of , they were bitcoins stolen from a long time ago that were currently held by the same guy running the scams.

                                                                      [?]#FreeSchool <---> Hashtag » 🌐
                                                                      @freeschool@qoto.org

                                                                      #Mastodon #Rewards [SENSITIVE CONTENT]

                                                                      Some incentive and respect towards -social / pro- in healthy way - because without it you have quiet empty software / shallow posts and no real trust and relationship .

                                                                      So promoting, accepting, using all types of people with a helps increment slowly in the . Let me know what you think of the picture -


                                                                      An edited picture (from other rewards system) - not real but re-edited towards / given n social for Mastodon etc by sending reward of some kind (doesn't have to be ).
                                                                      Important parts of Text say "How do I contribute to websites and creators?"
                                                                      and "puts your privacy over 's profit... With rewards, you can directly websites and "

                                                                      So creators and people can all get together more and not be so online...

                                                                      Source re-edited from Brave Rewards:
                                                                      brave.com/brave-rewards/

                                                                      An edited picture (from other rewards system) - not real but re-edited towards respect / reward given n social for Mastodon eco-system etc by sending reward of some kind (doesn't have to be crypto). Important parts of Text say "How do I contribute to websites and creators?" and "puts your privacy over Big Tech's profit... With rewards, you can directly support websites and creators" So creators and people can all get together more and not be so scared online...

                                                                      Alt...An edited picture (from other rewards system) - not real but re-edited towards respect / reward given n social for Mastodon eco-system etc by sending reward of some kind (doesn't have to be crypto). Important parts of Text say "How do I contribute to websites and creators?" and "puts your privacy over Big Tech's profit... With rewards, you can directly support websites and creators" So creators and people can all get together more and not be so scared online...

                                                                        [?]⚯ Michel de Cryptadamus ⚯ » 🌐
                                                                        @cryptadamist@universeodon.com

                                                                        there's an old fashioned run on the bank currently underway at one of 's biggest customers: Cambodia's infamous / / / .

                                                                        According to TRM Labs Huione-linked wallets have received almost $100 billion since 2021. That’s roughly four nimitz class nuclear powered aircraft carriers worth of Tether’s USDT token.

                                                                        kiripost.com/stories/scores-of

                                                                        screenshot of linked article

                                                                        Alt...screenshot of linked article

                                                                          [?]Molly White » 🌐
                                                                          @molly0xfff@hachyderm.io

                                                                          A practice called auto-deleveraging likely saved some exchanges from accumulating huge amounts of bad debt, but it also likely slowed recovery by thinning liquidity even further — and it increased the nerves of traders who saw even profitable positions unwound.

                                                                          Auto-deleveraging Crypto exchanges that offer leverage trading take on the risk that markets can fall faster than leveraged positions can be liquidated. They typically maintain “insurance funds” to absorb the occasional residual losses in these cases. But what happens if that insurance fund runs dry? In some cases, the exchanges collapse, and losses are spread across all of the platform’s customers. (Sam Bankman-Fried has repeatedly claimed that FTX’s collapse was thanks to oversized margin trades gone bad, though this explanation conflicts with the evidence that FTX had been secretly diverting customer deposits to cover Alameda Research’s losses long before the crash.) But many platforms have implemented a system called auto-deleveraging, which is sometimes analogized to an emergency brake for when things start to get out of control. In these cases, exchanges may reduce other traders’ profitable leveraged positions to rescue an underwater position.

                                                                          Alt...Auto-deleveraging Crypto exchanges that offer leverage trading take on the risk that markets can fall faster than leveraged positions can be liquidated. They typically maintain “insurance funds” to absorb the occasional residual losses in these cases. But what happens if that insurance fund runs dry? In some cases, the exchanges collapse, and losses are spread across all of the platform’s customers. (Sam Bankman-Fried has repeatedly claimed that FTX’s collapse was thanks to oversized margin trades gone bad, though this explanation conflicts with the evidence that FTX had been secretly diverting customer deposits to cover Alameda Research’s losses long before the crash.) But many platforms have implemented a system called auto-deleveraging, which is sometimes analogized to an emergency brake for when things start to get out of control. In these cases, exchanges may reduce other traders’ profitable leveraged positions to rescue an underwater position.

                                                                          During this crypto crash, exchanges began to blow through their insurance funds. Binance, for example, dipped into its insurance fund to the tune of around $188 million over just that one day. A chart showing an insurance fund balance of around 1.2–1.25 billion, dropping to below $1.05 billion on October 10 Binance’s claimed insurance fund balance (Binance, geofenced) And so multiple platforms resorted to auto-deleveraging. Among them was Hyperliquid, a buzzy defi trading platform, whose founder stated that “this was Hyperliquid’s first cross-margin ADL in more than 2 years of operation” and that “billions of dollars worth of positions [were] liquidated on Hyperliquid in a matter of minutes.”9 This helped stop the bleeding somewhat, and likely saved some exchanges from collapse. However, the early closures of short positions also removed even more orders from order books, thinning liquidity even further and potentially making it harder for markets to stabilize.

                                                                          Alt...During this crypto crash, exchanges began to blow through their insurance funds. Binance, for example, dipped into its insurance fund to the tune of around $188 million over just that one day. A chart showing an insurance fund balance of around 1.2–1.25 billion, dropping to below $1.05 billion on October 10 Binance’s claimed insurance fund balance (Binance, geofenced) And so multiple platforms resorted to auto-deleveraging. Among them was Hyperliquid, a buzzy defi trading platform, whose founder stated that “this was Hyperliquid’s first cross-margin ADL in more than 2 years of operation” and that “billions of dollars worth of positions [were] liquidated on Hyperliquid in a matter of minutes.”9 This helped stop the bleeding somewhat, and likely saved some exchanges from collapse. However, the early closures of short positions also removed even more orders from order books, thinning liquidity even further and potentially making it harder for markets to stabilize.

                                                                            Luka Rubinjoni boosted

                                                                            [?]Molly White » 🌐
                                                                            @molly0xfff@hachyderm.io

                                                                            In the chaos, one trader profited ~$150 million from well-timed shorts. With an offshore crypto trading platform, potentially offshore trader, and no regulators apparently interested in crypto enforcement, the possibility that someone was trading on White House inside info will likely go unexamined.

                                                                            Insider trading allegations In the aftermath, analysts noticed a wallet that had deposited millions into the Hyperliquid decentralized exchange before the crash, taking a heavily leveraged short position on bitcoin and ether. When the market plummeted, they profited to the tune of more than $150 million. The remarkable timing led some researchers and institutions to question whether the trader had inside information from the White House about upcoming tariff announcements, and the blockchain analytics company Arkham labeled the wallet “Trump insider whale” on their platform.10 Some researchers suggested that the wallet might belong to Garrett Jin, the former CEO of BitForex, a Hong Kong-based exchange that shut down in early 2024 amid exit-scam allegations [W3IGG]. Without initially addressing whether he controlled the wallet, Jin posted to Twitter that “I have no connection with the Trump family or Donald Trump Jr. — this isn’t insider trading”, but then later deleted the tweet. Other crypto sleuths have questioned whether Jin really controlled the wallet or is merely connected to the person who does.11 Jin later tweeted, “The fund isn’t mine — it’s my clients’.”12

                                                                            Alt...Insider trading allegations In the aftermath, analysts noticed a wallet that had deposited millions into the Hyperliquid decentralized exchange before the crash, taking a heavily leveraged short position on bitcoin and ether. When the market plummeted, they profited to the tune of more than $150 million. The remarkable timing led some researchers and institutions to question whether the trader had inside information from the White House about upcoming tariff announcements, and the blockchain analytics company Arkham labeled the wallet “Trump insider whale” on their platform.10 Some researchers suggested that the wallet might belong to Garrett Jin, the former CEO of BitForex, a Hong Kong-based exchange that shut down in early 2024 amid exit-scam allegations [W3IGG]. Without initially addressing whether he controlled the wallet, Jin posted to Twitter that “I have no connection with the Trump family or Donald Trump Jr. — this isn’t insider trading”, but then later deleted the tweet. Other crypto sleuths have questioned whether Jin really controlled the wallet or is merely connected to the person who does.11 Jin later tweeted, “The fund isn’t mine — it’s my clients’.”12

                                                                            In traditional markets, a $150 million profit on well-timed shorts ahead of a presidential announcement might trigger inquiries from the SEC, CFTC, or DOJ. But in crypto, it’s not even clear which agency, if any, would have authority to investigate crypto trades around government announcements. Hyperliquid is based offshore, the possible wallet owner may be as well, and regulatory jurisdiction over cryptocurrency remains hotly contested. It’s not clear which authority has the mandate — or perhaps the appetite — to investigate potential insider trading.

                                                                            Alt...In traditional markets, a $150 million profit on well-timed shorts ahead of a presidential announcement might trigger inquiries from the SEC, CFTC, or DOJ. But in crypto, it’s not even clear which agency, if any, would have authority to investigate crypto trades around government announcements. Hyperliquid is based offshore, the possible wallet owner may be as well, and regulatory jurisdiction over cryptocurrency remains hotly contested. It’s not clear which authority has the mandate — or perhaps the appetite — to investigate potential insider trading.

                                                                              Luka Rubinjoni boosted

                                                                              [?]Molly White » 🌐
                                                                              @molly0xfff@hachyderm.io

                                                                              But the biggest factor in the meltdown was leverage. As prices dropped, leveraged positions were forcibly liquidated. This contributed to sell pressure, causing prices to go lower, triggering more liquidations. A classic crypto “death spiral”.

                                                                              Cascading liquidations were worsened by crypto exchange glitches which left some customers watching helplessly as stop-losses failed to trigger or trades to add more collateral to at-risk positions failed to execute.

                                                                              Though leverage is not unique to crypto, some things are: the extremely high leverage offered by some platforms (100x or more), the ability to use highly volatile cryptoassets as collateral, the speed at which positions can unwind, and limited requirements for position monitoring or risk management.

                                                                              Leverage The biggest factor in the Friday crash was leverage. As I described in my most recent recap, crypto leverage — whether through borrowing programs, margin trading, or perpetual futures — creates a cycle of risk that can rapidly snowball. Borrowers often borrow against, say, bitcoin in order to buy more bitcoin. This creates a feedback loop of risk: when bitcoin prices fall, borrowers simultaneously lose value on their original collateral and on their newly acquired bitcoin, rapidly pushing them toward overleveraged positions. When numerous borrowers are forced to liquidate at once, the resulting sell pressure can create a snowball effect that drives prices down further and becomes very difficult to stop. This is precisely what happened. Price dips from the first wave of crypto sell-offs caused some leveraged positions and crypto loans to be automatically liquidated as platforms determined there wasn’t sufficient margin to keep them open.c As exchanges forcibly liquidated these positions, they contributed to the sell pressure, causing prices to drop further, triggering more margin calls — the classic crypto “death spiral”.

                                                                              Alt...Leverage The biggest factor in the Friday crash was leverage. As I described in my most recent recap, crypto leverage — whether through borrowing programs, margin trading, or perpetual futures — creates a cycle of risk that can rapidly snowball. Borrowers often borrow against, say, bitcoin in order to buy more bitcoin. This creates a feedback loop of risk: when bitcoin prices fall, borrowers simultaneously lose value on their original collateral and on their newly acquired bitcoin, rapidly pushing them toward overleveraged positions. When numerous borrowers are forced to liquidate at once, the resulting sell pressure can create a snowball effect that drives prices down further and becomes very difficult to stop. This is precisely what happened. Price dips from the first wave of crypto sell-offs caused some leveraged positions and crypto loans to be automatically liquidated as platforms determined there wasn’t sufficient margin to keep them open.c As exchanges forcibly liquidated these positions, they contributed to the sell pressure, causing prices to drop further, triggering more margin calls — the classic crypto “death spiral”.

                                                                              And some traders don’t just borrow crypto against dollars or stablecoins, but borrow volatile cryptoassets against other volatile cryptoassets. In crashes like this, where the prices of many cryptocurrencies were all simultaneously dropping, these positions were even more volatile because traders’ debt burden was growing as their collateral value was diminishing — causing positions to be liquidated much more rapidly than if the collateral was fixed. And in these types of positions, if a trader is forcibly liquidated, exchanges sometimes need to sell off the loan collateral as well as the borrowed asset, causing sell pressure for both assets. As prices fall, those trading on leverage are often given an opportunity to restore their positions to a “healthy” state by adding more collateral, thus increasing their margin level. But with the often slow process of converting fiat currency into cryptocurrency, often the only option for traders to obtain more crypto to use as collateral in an emergency is to sell off other crypto assets. This contributes to overall sell pressure as traders panic-sell assets to shore up their leveraged positions. And in rapidly falling markets, traders can be wiped out before they have any chance to add collateral.

                                                                              Alt...And some traders don’t just borrow crypto against dollars or stablecoins, but borrow volatile cryptoassets against other volatile cryptoassets. In crashes like this, where the prices of many cryptocurrencies were all simultaneously dropping, these positions were even more volatile because traders’ debt burden was growing as their collateral value was diminishing — causing positions to be liquidated much more rapidly than if the collateral was fixed. And in these types of positions, if a trader is forcibly liquidated, exchanges sometimes need to sell off the loan collateral as well as the borrowed asset, causing sell pressure for both assets. As prices fall, those trading on leverage are often given an opportunity to restore their positions to a “healthy” state by adding more collateral, thus increasing their margin level. But with the often slow process of converting fiat currency into cryptocurrency, often the only option for traders to obtain more crypto to use as collateral in an emergency is to sell off other crypto assets. This contributes to overall sell pressure as traders panic-sell assets to shore up their leveraged positions. And in rapidly falling markets, traders can be wiped out before they have any chance to add collateral.

                                                                              These issues were amplified by crypto exchange glitches, where malfunctioning price feeds and de-pegged assets caused erroneous liquidations based on inaccurate prices. (Binance later paid out $283 million to compensate users who had been erroneously liquidated due to apparent de-pegs on their platform,7 plus another $400 million to traders and institutions that were wiped out due to legitimate liquidations.8) On platforms where trades failed or faced significant delays, some customers watched their leveraged positions get forcibly liquidated in front of their eyes as they were unable to top up collateral.

                                                                              Alt...These issues were amplified by crypto exchange glitches, where malfunctioning price feeds and de-pegged assets caused erroneous liquidations based on inaccurate prices. (Binance later paid out $283 million to compensate users who had been erroneously liquidated due to apparent de-pegs on their platform,7 plus another $400 million to traders and institutions that were wiped out due to legitimate liquidations.8) On platforms where trades failed or faced significant delays, some customers watched their leveraged positions get forcibly liquidated in front of their eyes as they were unable to top up collateral.

                                                                              While leverage exists in traditional markets too, the crypto industry takes it to new extremes. Traditional brokers typically limit margin trading to 2–4× leverage, require stable assets like dollars or blue-chip stocks as collateral, and must follow strict regulatory requirements around position monitoring and risk management. But crypto exchanges routinely offer leverage up to 100× or more, accept volatile cryptocurrencies as collateral, and operate with minimal oversight. Traditional markets also have circuit breakers and trading halts that can pause cascading liquidations, and brokers typically follow careful procedures with multiple warning thresholds before forcing positions to close. In crypto, a position can be liquidated before a trader even knows they’re in trouble.

                                                                              Alt...While leverage exists in traditional markets too, the crypto industry takes it to new extremes. Traditional brokers typically limit margin trading to 2–4× leverage, require stable assets like dollars or blue-chip stocks as collateral, and must follow strict regulatory requirements around position monitoring and risk management. But crypto exchanges routinely offer leverage up to 100× or more, accept volatile cryptocurrencies as collateral, and operate with minimal oversight. Traditional markets also have circuit breakers and trading halts that can pause cascading liquidations, and brokers typically follow careful procedures with multiple warning thresholds before forcing positions to close. In crypto, a position can be liquidated before a trader even knows they’re in trouble.

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