Molly White

crypto researcher & critic, software engineer, wikipedian • @web3isgreat creator • newsletter: https://www.citationneeded.news/
she/her • :QueerCat_Bisexual:

Public Key

npub1lsqp7gn3qcgllnt28t7ufmyu3aumt00whutdk4vmkvp68per8t0q0dmx0m

NIP-05 Address

molly0xfff@hachyderm-io.mostr.pub

Profile Code

nprofile1qqs0cqqlyfcsvy0le44r4lwyajwg77d4hhht79km2kdmxqarsu3n4hspz4mhxue69uhhyetvv9ujuerfw36x7tnsw43q4mxmlf

Publishing to

relay.ditto.pub

Author Public Key

npub1lsqp7gn3qcgllnt28t7ufmyu3aumt00whutdk4vmkvp68per8t0q0dmx0m

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Last Notes

2026-07-20 22:14:05 UTC

alcoholic trying to get sober after a relapse tells Google's "Health Coach" about it.
it tells them to drink every hour and messages them to make sure they're drinking as soon as they wake up.
https://media.hachyderm.io/media_attachments/files/116/954/604/733/504/653/original/6f45f5df8ef56f21.png

2026-05-25 22:23:16 UTC

my last name has wound up on some campaign database without my first name, so i keep hitting unsubscribe pages that ask "Not white? Please don't use this form"
https://media.hachyderm.io/media_attachments/files/116/637/551/464/155/828/original/07961c91286326ea.png

2026-04-03 19:27:25 UTC

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He’s unfortunately not wrong that casinos and sportsbooks have been among prediction markets’ strongest opponents — largely because consumer protection agencies have been gutted and market integrity regulators turned into advocates.

2026-04-03 19:20:21 UTC

“It’s honestly been eye opening (in a bad way) to see how special interests work in our system” says the Head of Politics at Kalshi, which pays Donald Trump Jr. to sit on its advisory board and has spent over a million in lobbying over the past ~year. The government has just filed a lawsuit to intervene to protect Kalshi from several state regulators.
#Kalshi
https://media.hachyderm.io/media_attachments/files/116/342/392/046/626/243/original/ccd43038809fd056.png

2026-01-21 18:17:25 UTC

House Oversight Democrats have published a Web3 is Going Great-style “Trump Family Digital Grift” counter
https://oversightdemocrats.house.gov/trump-family-corruption-tracker
#crypto #cryptocurrency #USpol #USpolitics
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2026-01-09 21:00:57 UTC

spotted on ravelry: the pattern to knit the sock pictured on the Wikipedia article for "sock"
https://www.ravelry.com/patterns/library/as-seen-on-wikipedia-socks
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2025-10-08 20:53:48 UTC

Newsletter: Trump is still corrupt, a core developer warns bitcoin won’t survive an upcoming code change, and crypto lenders are ratcheting up leverage like it’s 2022.
https://www.citationneeded.news/issue-94/
#crypto #cryptocurrency #USpol #USpolitics

2025-10-07 19:08:32 UTC

"[Ars Technica] asked Cruz's office to explain why a senator pressuring Wikipedia is appropriate while an FCC chair pressuring ABC is not and will update this article if we get a response."
https://arstechnica.com/tech-policy/2025/10/ted-cruz-picks-a-fight-with-wikipedia-accusing-platform-of-left-wing-bias/

2025-10-02 19:00:56 UTC

New research from AWU/CWU/Techquity on AI data workers in North America. “[L]ow paid people who are not even treated as humans [are] out there making the 1 billion dollar, trillion dollar AI systems that are supposed to lead our entire society and civilization into the future,” says one.
https://cwa-union.org/ghost-workers-ai-machine
#AI #labor
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2025-10-01 19:24:39 UTC

slightly ominous mailer from the Red Cross
https://media.hachyderm.io/media_attachments/files/115/300/543/851/029/244/original/57b4c94be2dea03f.jpeg

2025-09-30 18:05:27 UTC

can't wait to read Elon's new bio on Grokipedia
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2025-09-11 14:23:28 UTC

If you ever wondered why some Wikipedia articles are titled "murder of ____" and others "killing of ____":
https://media.hachyderm.io/media_attachments/files/115/186/126/451/804/367/original/2c150a2b2672adcb.png

2025-09-08 15:10:42 UTC

Are there any lawyers here who are knowledgeable about US gambling law who'd be willing to speak with me for a story? Or lmk if you know of someone who might fit the bill. DMs are open, or email/Signal/etc: https://www.mollywhite.net/contact/

2025-09-04 19:22:37 UTC

The Trumps' World Liberty Financial project has frozen WLFI tokens in wallet addresses belonging to Justin Sun that contain ~$100 million (on paper) in unlocked WLFI. Sun is a major backer of the project, which the Trumps say they founded to stop "debanking".
The freeze apparently came after Sun transferred around ~$9M of his holdings to Binance.
The World Liberty team has been desperately trying to prevent the WLFI price from sinking, including by burning tokens to boost the price. They may be concerned that whales like Sun could further depress the token price by cashing out.
#crypto #JustinSun

2025-09-04 16:21:02 UTC

this is the company in charge of custody for crypto assets held by the US government 🙂
https://media.hachyderm.io/media_attachments/files/115/146/939/475/055/402/original/a8b8848314028385.png

2025-08-23 19:12:29 UTC

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i would like to go back to being anxious about irrational, or at least highly improbable, things
#anxiety

2025-08-23 19:11:49 UTC

it feels deeply weird to be Going Through It with my lifelong anxiety disorder as an american in 2025
like yeah i'm grappling with crushing feelings of impending doom but who isn't?
#anxiety

2025-08-19 20:34:05 UTC

Newsletter: As he builds US power, Justin Sun fights to control his story
A crypto billionaire who once feared arrest in the US is now a Trump business adviser and White House guest. His lawsuit against Bloomberg reveals what he doesn't want Americans to know about his crypto fortune.
https://www.citationneeded.news/justin-sun-bloomberg-lawsuit/
#crypto #cryptocurrency #USpol #USpolitics #JustinSun

2025-08-19 01:16:09 UTC

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@nprofile…qz4x wtf. the whole policy is a specter of legal consequences, not you asking questions to clarify it!

2025-08-15 02:53:51 UTC

the more i read contemporary crime novels the more i'm tempted to start a consultancy for crime fiction novelists who incorporate crypto into their writing
this must be how doctors feel watching medical dramas
"But his genius was an algorithm that layered the transactions through the dark web, making his scheme virtually untraceable."
🙃

2025-08-13 23:49:37 UTC

Justin Sun has just filed a lawsuit against Bloomberg, claiming they plan to “recklessly and improperly disclos[e] his highly confidential, sensitive, private, and proprietary financial information,” which they obtained while they were verifying his assets for inclusion in the Bloomberg “Billionaires Index”.
Sun claims this will cause him “ significant and irreparable harm—both financially and physically.” He says they plan to use the information in an article unrelated to the Billionaires Index. He also claims they plan to publish “granular details about his cryptocurrency assets, including a breakdown of his cryptocurrency holdings,” in the Billionaires Index, and that he wouldn’t have agreed to share the information had he known.
Sun sent a cease and desist to Bloomberg, and was informed they still intend to publish. He now seeks an injunction against the company.
https://www.courtlistener.com/docket/71089620/1/sun-v-bloomberg-lp/
#crypto #JustinSun
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2025-08-13 21:17:00 UTC

oops, i said “fuck” in the newsletter again
https://media.hachyderm.io/media_attachments/files/115/023/532/425/882/221/original/468b14948dd12030.png

2025-08-11 22:11:35 UTC

August 7: Stablecoin issuer Paxos reaches $48 million settlement with New York financial regulators over due diligence, anti-money laundering failures
August 11: Paxos applies for national trust bank charter
🙃

2025-08-08 21:18:14 UTC

aw that's nice, my library got some books for when the AI founders drop by
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2025-08-06 19:37:06 UTC

Good reading month! Highlights were Robert Jackson Bennett's The Tainted Cup and more of the Murderbot series.
Recap video on TikTok: https://www.tiktok.com/@molly0xfff/video/7535558278562991373
and YouTube: https://www.tiktok.com/@molly0xfff/video/7535558278562991373
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2025-08-05 17:29:33 UTC

I've updated my past newsletter platform cost comparison to incorporate Ghost's recent pricing changes for Ghost Pro. (Note that past Ghost users are grandfathered in.)
#Ghost
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2025-08-04 15:31:15 UTC

my god, just look at that changelog. looks like it's upgrade day for me!
https://ghost.org/changelog/6/
#Ghost

2025-08-03 23:05:51 UTC

https://www.theblock.co/post/365343/lugano-authorities-recover-satoshi-nakamoto-statue-that-was-thrown-in-lake
#crypto #cryptocurrency
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2025-08-03 14:33:46 UTC

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I've been tracking the quid pro quo between Trump and the cryptocurrency industry at https://www.followthecrypto.org/quidproquo
#crypto #cryptocurrency #USpol #USpolitics
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2025-08-03 14:17:05 UTC

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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.

2025-08-03 14:09:25 UTC

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.
https://www.nytimes.com/2025/08/02/us/politics/donor-list-suggests-scale-of-trumps-pay-for-access-operation.html
#crypto #cryptocurrency #USpol #USpolitics
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2025-07-31 17:03:02 UTC

since i was writing for a general audience i only tucked in a short paragraph about using RSS as a journalist or researcher, but i genuinely have no idea how anyone functions without it.
sometimes in an interview someone will ask me for my “secret” for staying on top of crypto news, and the secret is literally just RSS
https://www.citationneeded.news/curate-with-rss/
#RSS
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2025-07-31 16:34:14 UTC

Newsletter: In a media landscape dominated by algorithmic feeds that aim to manipulate and extract, sometimes the most radical thing you can do is choose to read what you want, when you want, without anyone watching over your shoulder.
Here’s how to use #RSS.
https://www.citationneeded.news/curate-with-rss/

2025-07-30 19:45:11 UTC

i love reading changelogs
#RimWorld
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2025-07-30 17:51:38 UTC

hello beautiful
https://media.hachyderm.io/media_attachments/files/114/943/452/593/141/133/original/904a613c86e6ce80.jpeg

2025-07-29 14:22:39 UTC

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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.
#crypto #cryptocurrency #USpol #USpolitics
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2025-07-29 14:18:53 UTC

There is really no comparison in American history to the blatant corruption.
https://www.nytimes.com/2025/07/29/opinion/trump-crypto-genius-act-memcoin.html
#crypto #cryptocurrency #USpol #USpolitics
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2025-07-28 15:29:30 UTC

nineteen years as a wikipedian 🎂
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2025-07-25 15:53:55 UTC

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@nprofile…qa96 i saw you got a mention in Matt Levine's newsletter :)

2025-07-24 16:34:06 UTC

Sundog, a memecoin by crypto billionaire Justin Sun, just posted a meme depicting its mascot controlling the White House. Sun has spent (or will shortly spend) a total of $213 million on Trump-connected crypto projects.
h/t @nprofile…6r7m
#crypto #cryptocurrency #USpol #USpolitics
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2025-07-22 18:23:46 UTC

Trump speaking to crypto executives while signing the GENIUS Act stablecoin bill: “I got you guys out of so much trouble... They’ve got plenty of cash, and it’s great that you’re on our side.”
(Note: I retained Trump’s comments about Biden to avoid taking his statement out of context, but his claim that Biden “dropped all charges” against crypto executives during his or Harris’s campaign is false.)
#USpol #USpolitics #crypto #cryptocurrency
https://media.hachyderm.io/media_attachments/files/114/898/272/213/891/770/original/4faab41e40f2c982.mp4

2025-07-19 17:25:41 UTC

the things you learn editing Wikipedia
https://media.hachyderm.io/media_attachments/files/114/881/065/082/182/626/original/808c7fe092bf4ec6.png

2025-07-17 20:00:31 UTC

The House has passed the GENIUS Act stablecoin bill, sending it to Trump's desk where he will sign it. They've also passed the CLARITY Act crypto market structure bill, which still needs to go to the Senate.
#crypto #cryptocurrency #USpol #USpolitics

2025-07-12 00:57:14 UTC

as someone who likes to collect cool or new words, you would not believe my delight just now when i discovered my e-reader saves a list of all the words i look up while i’m reading
https://media.hachyderm.io/media_attachments/files/114/837/542/197/117/369/original/8dacf88eec69950e.jpeg

2025-07-11 19:12:23 UTC

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Two Republicans took time at the hearing to attack legislators and witnesses for so much as mentioning the influence of the crypto lobby, or Trump’s personal crypto ventures. They don’t want people even mentioning crypto's hundreds of millions of dollars in spending on Congress.
#crypto #cryptocurrency #USpol #USpolitics
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2025-07-11 19:11:10 UTC

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Experts are issuing dire warnings on bills that would allow for activity like this. Professor Richard Painter implored: “We do not want another economic collapse caused by deregulation of financial services sector. ... Please, we don't want to go through those experiences again.”
#crypto #cryptocurrency #USpol #USpolitics
https://media.hachyderm.io/media_attachments/files/114/836/177/051/290/771/original/dc24f37702c8b3a1.mp4

2025-07-11 19:09:21 UTC

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By encasing stocks in a blockchainy wrapper, companies like Robinhood are hoping to tap into lucrative equities markets while sidestepping the expensive compliance and oversight requirements of traditional American brokerages and exchanges.
#crypto #cryptocurrency #USpol #USpolitics
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2025-07-11 19:07:44 UTC

Newsletter: Crypto firms hope putting a blockchain veneer on traditional equities will allow them to sidestep lessons learned in the 1929 Wall Street crash, crypto firms look to become banks, and Congress celebrates crypto surveillance while claiming to outlaw it
https://www.citationneeded.news/issue-88/
#crypto #cryptocurrency #USpol #USpolitics

2025-07-09 21:09:21 UTC

I'm running a quick (3–5 minutes) reader feedback survey for my newsletter, Citation Needed. If you're a reader, I'd love to get your feedback!
https://docs.google.com/forms/d/e/1FAIpQLSeGxIVuDzWRNsmXs8JWodiJlet-_xTWlos_JQxaLN-QawwShQ/viewform?usp=pp_url&entry.1456607603=Social+media

2025-07-08 16:49:32 UTC

every time we get a spate of hot weather i remember i'm a discworld troll whose brain slows to a crawl above 70˚ or so
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2025-07-07 02:45:55 UTC

today's utterly unsurprising news
#crypto #cryptocurrency #USpol #USpolitics
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2025-07-06 21:52:38 UTC

"It is well known that a vital ingredient of success is not knowing that what you’re attempting can’t be done." – Terry Pratchett, Equal Rites
#bookstodon

2025-07-05 14:42:40 UTC

The team behind Trump's World Liberty Financial project has proposed lifting restrictions on the WLFI "governance token" to make it tradeable. I predicted shortly after its launch that if Trump succeeded in gutting the SEC, he would do this.
This would lift the substantial restrictions on the token (non-US or accredited investors only, locked tokens with no secondary sales) that were aimed at sidestepping attention from the previous SEC, and could be enormously lucrative for Trump.
#crypto #cryptocurrency #USpol #USpolitics
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2025-07-03 02:44:09 UTC

NYC, 1919: Perched on a towering pile of donated books, a librarian calls from a megaphone to request more book donations for American troops stationed in France. The American Library Association’s campaign sent up to 55,000 books each month to military camp libraries.
via Library of Congress: https://www.loc.gov/resource/ppmsca.40926/
#archivespelunking #books #bookstodon
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2025-07-01 19:10:43 UTC

Newsletter: Trump’s crypto empire attracts more foreign millions, the FHFA pushes crypto on mortgage lenders, and Mamdani’s mayoral primary win makes billionaires sweat.
https://www.citationneeded.news/issue-87/
#crypto #cryptocurrency #USpolitics #USpol

2025-06-27 17:15:27 UTC

Lawsuits like this one are not something to celebrate just because you hate Fox News.
I'm not normally one to agree with Fox, but they're right in their statement that suits like this are "designed to chill free speech critical of [Newsom]."
https://www.politico.com/news/2025/06/27/newsom-sues-fox-news-defamation-case-00429168
#USpolitics #USpol
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2025-06-25 23:02:53 UTC

Federal Housing Finance Agency Director William Pulte: “After significant studying, and in keeping with President Trump’s vision to make the United States the crypto capital of the world, today I ordered the Great Fannie Mae and Freddie Mac to prepare their businesses to count cryptocurrency as an asset for a mortgage”
#crypto #cryptocurrency #USpol #US politics
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2025-06-24 16:48:21 UTC

hottest day of the year and she's in her sleeping bag. my cat is part lizard.
#catsofmastodon
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2025-06-19 19:00:34 UTC

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All that, plus an angry letter from the Winklevoss twins’ Gemini crypto exchange to the CFTC, a dropped lawsuit from Justin Sun’s BitGlobal against Coinbase, and more in this week’s issue of Citation Needed.
I keep the Trump family web of crypto involvement up-to-date at: https://mollywhite.net/etc/trump-family-crypto-projects/
The quid pro quo list is at: https://www.followthecrypto.org/quidproquo
#crypto #cryptocurrency #USpolitics #USpol

2025-06-19 19:00:10 UTC

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Sun is not the only crypto businessman lavishing money on Trump after favorable regulatory outcomes. Don Wilson has just invested $100 million into Trump-owned TMTG (Truth Social parent company) after the SEC dropped a lawsuit against his crypto trading firm Cumberland DRW.
#crypto #cryptocurrency #USpolitics #USpol
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2025-06-19 18:59:27 UTC

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Shady crypto billionaire Justin Sun is strengthening his ties to the Trump family, now taking his Tron company public in the US via a reverse merger facilitated by Dominari Securities, a small investment bank with Eric and Donald Trump Jr. on its board.
Sun previously faced an SEC lawsuit alleging fraud against him and his companies, and was once so afraid of a reported ongoing criminal probe that he forfeited his $28 million seat on Jeff Bezos’ rocket out of fear he would be arrested if he stepped foot in the US.
#crypto #cryptocurrency #USpolitics #USpol
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2025-06-19 18:58:03 UTC

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The Senate passed the GENIUS Act stablecoin legislation, thanks to votes from nearly all Republicans and 18 Democrats. The bill has been criticized for further enabling Trump’s corruption, and insufficient safeguards for consumer protection and financial stability.
The House has been working on a separate stablecoin bill, so it’s unclear if they will continue to push that or take up the GENIUS Act. Trump has directly called for the House to pass GENIUS: “Get it to my desk, ASAP — NO DELAYS, NO ADD ONS.”
#crypto #cryptocurrency #USpolitics #USpol
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2025-06-19 18:56:11 UTC

Newsletter: Issue 86 – State power sponsored by Coinbase
Coinbase’s sponsorship of Trump’s military parade angered some in the crypto world, who described the move as “deeply disturbing” and “an insult to everything our industry stands for”. But this is only the latest example of crypto companies aligning with state power.
Earlier this month, the cryptocurrency firm Ripple made a $9.4 million contribution to the San Francisco Police Department to fund a surveillance center outfitted with drones. “We’re going to be covering the entire city with drones,” enthused a SFPD Captain about the donation.
https://www.citationneeded.news/issue-86/
#crypto #cryptocurrency #USpolitics #USpol
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2025-06-18 23:56:08 UTC

Quid pro quo between cryptocurrency firms, the Trump administration, and the Trump family’s crypto ventures.
https://www.followthecrypto.org/quidproquo
#crypto #cryptocurrency #USpol #USpolitics
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2025-06-18 00:23:27 UTC

Big Tech: we invented the torment nexus
Glasses brands: for $54.95, you can slightly reduce the torment
https://media.hachyderm.io/media_attachments/files/114/701/513/840/673/163/original/0bbb43a7c7699af8.png

2025-06-17 23:03:54 UTC

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Here's the breakdown of the 68-30 vote. Same 16 Democrats who voted yea in the previous cloture vote except for Blunt Rochester (DE), and new yea votes from Hickenlooper (CO), Kim (NJ), and Warnock (GA).
All Republicans supported, sans Hawley (MO) and Paul (KY).
Full list of Democrats who supported were Alsobrooks (MD), Booker (NJ), Cortez Masto (NV), Fetterman (PA), Gallego (AZ), Gillibrand (NY), Hassan (NH), Heinrich (NM), Hickenlooper (CO), Kim (NJ), Lujan (NM), Ossoff (GA), Padilla (CA), Rosen (NV), Schiff (CA), Slotkin (MI), Warner (VA), and Warnock (GA).
Independents King and Sanders both opposed.
https://www.senate.gov/legislative/LIS/roll_call_votes/vote1191/vote_119_1_00318.htm
#crypto #cryptocurrency #USpolitics #USpol
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2025-06-17 21:48:43 UTC

GENIUS Act (stablecoin bill) has passed the Senate.
#crypto #cryptocurrency #USpolitics #USpol

2025-06-17 20:56:08 UTC

just checking in on the financial revolution that was meant to sidestep banks, tech giants, and the state
#crypto #cryptocurrency
https://media.hachyderm.io/media_attachments/files/114/700/698/615/517/233/original/05482ef9d1f9d41c.png
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2025-06-16 18:40:00 UTC

Just updated my diagram of Trump’s crypto entanglements based on his most recent financial disclosures 😵‍💫
Full-size image: https://storage.mollywhite.net/trump-family-crypto-projects.png
Disclosures: https://oge.app.box.com/s/k0hxcezgk7j1cyqoue16cillsi9srmfu
#crypto #cryptocurrency #USpolitics #USpol
https://media.hachyderm.io/media_attachments/files/114/694/499/809/712/175/original/6f6c2cff20be74a2.png

2025-06-15 02:32:14 UTC

A couple people responded to my earlier post about the shoddy WSJ article to say “well it’s true that Democrats aren’t supporting the protests!”
At my best count, 75 elected Democrats (Congresspeople, governors) attended protests today. Another 27 encouraged people to go.
That’s just looking at today’s protests, not Democrats talking about or attending protests more generally. It also doesn’t count the many more state or local officials who showed up, candidates, etc.
#USpolitics #USpol
https://media.hachyderm.io/media_attachments/files/114/685/033/338/936/274/original/09133606f9e9fa82.png

2025-06-14 20:43:36 UTC

The sources for this WSJ article about “Democrats” are: Third Way, a guy who was a Deputy Mayor 25 years ago, and a Republican consultant
#journalism
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2025-06-14 17:22:30 UTC

going to the library book sale “just to look” went about how you would expect
#bookstodon
https://media.hachyderm.io/media_attachments/files/114/682/871/730/963/045/original/0b24b095147f4cac.jpeg

2025-06-12 15:46:22 UTC

#dogsofmastodon
https://media.hachyderm.io/media_attachments/files/114/671/169/069/888/733/original/bc5baf947ef84ee5.jpeg

2025-06-11 20:09:34 UTC

When we throw up our hands and say none of it matters, we're doing the fascists’ work for them. They don't need to hide their corruption if they can convince us it's pointless to look. They don't need to silence truth-tellers if we've already decided truth is meaningless.
https://www.citationneeded.news/it-matters-i-care/

2025-06-09 15:53:00 UTC

#crypto #cryptocurrency #USpol #USpolitics
https://media.hachyderm.io/media_attachments/files/114/654/208/238/327/528/original/2c5cc0ef38d224fc.png
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2025-05-30 14:13:23 UTC

there is no feeling like finishing book two in a series you're enjoying and then discovering that book three is coming out only days later

2025-05-27 23:47:51 UTC

“If I supply you with a tool to remove DRM (like some versions of Calibre), then I commit a felony and Amazon can have me sent to prison for five years for giving you a tool to move my book from the Kindle app to a rival app like Kobo” – @nprofile…qz4x
https://lifehacker.com/tech/you-can-remove-drm-from-your-digital-books-but-its-probably-illegal

2025-05-22 21:09:15 UTC

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can't wait to explain to my family that the robot swatted me after i threatened its non-existent grandma
https://media.hachyderm.io/media_attachments/files/114/553/529/470/066/935/original/b10b8f2ca67f6c18.png

2025-05-22 20:55:42 UTC

welcome to the future, now your error-prone software can call the cops
(this is an Anthropic employee talking about Claude Opus 4)
#ai
https://media.hachyderm.io/media_attachments/files/114/553/476/937/481/486/original/5fd316f18f303d57.jpeg

2025-05-21 13:53:12 UTC

Adam Levitin on the GENIUS Act: “[I]n regard to cash deposits, the stablecoin investors will have priority over the claims of ma-and-pa for their bank deposits (and thus over the FDIC's subrogation claim when it pays ma-and-pa). Yes, you read that correctly: Congress is about to put the claims of stablecoin investors ahead of ma and pa's bank deposits. That's just stunning. Now ma-and-pa's deposits are FDIC insured, so they'll be alright, but it means the FDIC's Deposit Insurance Fund is footing the bill. In other words, the GENIUS Act is subsidizing stablecoin issuance on the back of bank deposits. By subordinating the FDIC's subrogation claim in a bank insolvency to the claims of stablecoin investors, the GENIUS Act is effectively letting FDIC insurance leak out to cover uninsured stablecoins, without any insurance premiums paid.”
https://www.creditslips.org/creditslips/2025/05/the-genius-acts-insolvency-provisions-crypto-investors-come-ahead-of-bank-depositors.html
#crypto #cryptocurrency #USpolitics #USpol

2025-05-20 01:21:33 UTC

In April, Coinbase announced changes to its user agreement that added two clauses limiting class action lawsuits and requiring lawsuits to be filed in New York. The changes apply to disputes initiated after May 15.
On May 14, Coinbase disclosed a data breach.
Five class action lawsuits have been filed in response to the breach since then: none before May 15, three outside of New York.
#Coinbase #crypto #cryptocurrency
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2025-05-06 21:37:32 UTC

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They had traded the Trump token a bit for the first few days after it launched in January, then apparently lost interest until suddenly rediscovering it on April 21.
At the moment they still hold 9,130 TRUMP, so as of now they’ll be joining Trump at the dinner in a few weeks. https://solscan.io/account/9hN6DgNLxCe4LMMSu3qFaGK2eWuYCuihsdVMM9J8HFhj
They regularly transfer funds from Bybit, suggesting they are not based in the US.
#crypto #cryptocurrency #USpolitics #USpol
https://media.hachyderm.io/media_attachments/files/114/463/044/433/034/930/original/1ca64264e5700d12.png

2025-05-06 21:37:32 UTC

A trader bought 6,000 $TRUMP on April 21, two days before the announcement that top holders would be invited to dinner with the president. They sold it a few hours after the announcement two days later caused the token price to go up, earning $33k on the trade. Impressive timing!
#crypto #cryptocurrency #USpolitics #USpol
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2025-05-05 16:45:52 UTC

El Salvador's President Bukele is reportedly preparing to arrest the journalists who have reported on the secret deals Bukele struck with Salvadoran gangs that have enabled his consolidation of power.
#ElSalvador #Bukele
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2025-04-28 19:24:43 UTC

"Even if Wikipedia’s content was biased (it isn’t), even if every editor was actively trying to push an anti-Israel narrative (they aren’t), that would still be protected by the First Amendment. The government doesn’t get to threaten organizations over their editorial choices, no matter how much certain prosecutors or publications might dislike those choices."
https://www.techdirt.com/2025/04/28/government-actually-threatens-wikipedias-editorial-freedom-self-proclaimed-free-speech-warriors-suddenly-have-other-plans/

2025-04-23 20:58:15 UTC

FBI: Americans aged 60 and older reported losing almost $3 billion to crypto fraud last year. In total, Americans reported being scammed out of around $9.3 billion via crypto, out of a total $16.6 billion in total reported Internet crime losses that year.
https://www.ic3.gov/AnnualReport/Reports/2024_IC3Report.pdf
#crypto #cryptocurrency
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2025-04-10 18:51:48 UTC

If I light your house on fire and then douse the flames halfway through it burning down, I shouldn’t be praised for my firefighting skills
#USpolitics #USpol

2025-04-08 21:06:41 UTC

Newsletter: Trump continues to dismantle crypto enforcement while expanding his personal crypto empire.
Most recently, Trump has called the DOJ off cryptocurrency enforcement and dismantled the agency's crypto enforcement team.
https://www.citationneeded.news/issue-81/
#crypto #cryptocurrency #USpol #USpolitics

2025-04-08 15:04:59 UTC

Trump has directed the Department of Justice to stop pursuing crypto fraud, dismantling the National Cryptocurrency Enforcement Team and ordering the Market Integrity and Major Frauds Unit to cease cryptocurrency enforcement.
#crypto #cryptocurrency #USpolitics #USpol

2025-03-17 19:21:35 UTC

Exciting: The Ghost team has just released the beta version of its ActivityPub support for people using their hosted service
https://activitypub.ghost.org/social-web-beta/

2025-03-17 16:40:31 UTC

filling out my pre-screening form for my annual physical and wondering when they’ll add “oh, you know, the expected amount these days” as an option for when they ask if i’m feeling down, depressed or hopeless

2025-03-15 23:01:30 UTC

every damn time
#libraries
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2025-03-15 22:35:25 UTC

why is my chocolate yelling at me to get back to work
https://media.hachyderm.io/media_attachments/files/114/168/830/872/798/445/original/716095e8d3fd8831.jpg

2025-03-15 16:42:03 UTC

get library cards and use them often (online e-book and audiobook rentals count!). sign up to volunteer at your local library. donate money to your library’s general fund. run for a spot on the library board.
join and participate in your local “friends of the library” group. donate books (if your library accepts book donations). set up your own little free library. vote for library funding when it’s on your local ballot.
#libraries
https://media.hachyderm.io/media_attachments/files/114/167/442/428/986/478/original/7b45a17cb7a2d0f0.png

2025-03-15 15:31:42 UTC

BlueSky’s “user intents” is a good proposal, and it’s weird to see some people flaming them for it as though this is equivalent to them welcoming in AI scraping (rather than trying to add a consent signal to allow users to communicate preferences for the scraping that is already happening).
https://github.com/bluesky-social/proposals/tree/main/0008-user-intents
#BlueSky #AI

2025-03-14 18:48:34 UTC

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Instead of worrying about “wait, not like that”, I think we need to reframe the conversation to “wait, not only like that” or “wait, not in ways that threaten open access itself”.
#OpenAccess #AI #Wikipedia
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2025-03-14 18:47:48 UTC

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But if we want to create a world in which every single human being can freely share in the sum of all knowledge, we should stop attempting to wall off the commons.
#OpenAccess #AI #Wikipedia
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2025-03-14 18:46:36 UTC

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The impulse is often to tighten the licenses, or stop publishing under free licenses (if at all). But this threatens to destroy the very commons we set out to build.
#OpenAccess #AI #Wikipedia
https://media.hachyderm.io/media_attachments/files/114/162/264/643/705/754/original/170e25831d07ea19.png
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2025-03-14 18:44:55 UTC

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The free and open access vision is inspiring, but there are instances in which people who freely license their work go “wait, no, not like that”. People reselling their free works, tech companies profiting off their FOSS code, and AI companies training on their material.
#OpenAccess #AI #Wikipedia
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2025-03-14 18:43:53 UTC

Newsletter: The real threat isn't AI using open knowledge — it's AI companies killing the projects that make knowledge free. The future of free and open access isn't saying “wait, not like that” — it’s saying "yes, like that, but under fair terms”.
https://www.citationneeded.news/free-and-open-access-in-the-age-of-generative-ai/
#OpenAccess #AI #Wikipedia