#cryptocurrency

179 posts · Last used 10h

Crypto and AI super PACs spent $250 million on the midterms. In competitive races, their candidates got clobbered: nine losses out of 12 called so far, including Ohio, where crypto spent $64 million and still couldn’t beat Sherrod Brown. https://www.citationneeded.news/2026-election-results/ #crypto #cryptocurrency #AI #artificialIntelligence #USpol #USpolitics #midterms
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Crypto- and AI-focused super PACs have poured nearly $250 million into this year’s elections. Tonight we find out what it bought. Here’s my guide to the races to watch, where the money went, and which results could embarrass the industry: https://www.citationneeded.news/2026-election-guide/ #crypto #cryptocurrency #AI #ArtificialIntelligence #USpol #USpolitics #citationNeededNewsletter
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North Korea’s timing was inconsiderate; I’m in the middle of an election night guide to crypto and AI super PAC spending (subscribe to get it before Tuesday!). But I wrote up a primer on the Binance hack, answering questions I’ve gotten about North Korea: https://www.citationneeded.news/its-always-north-korea/ #crypto #cryptocurrency #binance #NorthKorea #DPRK
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Updated: Binance estimates its losses at ~$3B+, making this the largest exploit in crypto history — twice the size of 2025’s Bybit hack, now in second place. Binance blames a compromised devops laptop. North Korea, also behind Bybit, is the suspected culprit. https://www.citationneeded.news/binance-theft/ #binance #crypto #cryptocurrency
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I wrote up what we know about the Binance hack so far. By my best estimate, Binance is out $1.5–$3 billion after stablecoin issuers froze what they could. Changpeng Zhao is promising Binance will cover it, but he’s legally barred from running the company. https://www.citationneeded.news/binance-theft/ #binance #crypto #cryptocurrency
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i’ve been writing about crypto for a while now, but this new addition to the $TRUMP memecoin website fine print may be the most blatant “lol you suckers are our exit liquidity” i’ve seen so far (CIC Digital is just a shell company Trump uses for the $​TRUMP memecoin and some other projects; it’s wholly owned by Trump’s revocable trust) #crypto #cryptocurrency
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@benroyce@mastodon.social @mattblaze@federate.social Same as the tobacco industry. The tactics are the same predatory #cronycapitalism that arise from no #laws or regulation. Some #cryptocurrency has legitimate uses. Others do not. Buyer beware. Do your research if curious or a collector of limited market quantities. Supply and demand etc. etc. I can't blame people for collecting stupid junk.
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@benroyce@mastodon.social @mattblaze@federate.social Guys, the rug would have been "pulled out" before an #IRS tax structure was adopted to mange capital gains on #cryptocurrency sales. Now, I predict that there will be a culling in the crypto markets because there are nearly thousands of worthless grift within the market as you have correctly identified. Time, adaption and adoption should create the culling cycle eventually. Big risk is big reward or cascade failure.
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@Jazone@theforkiverse.com @mattblaze@federate.social right but i'd say the entire sector is a grift it has no applications, besides as a casino whose selling point is tech hype. it's 2026: nothing useful has been adopted from #cryptocurrency it started out full of dreams, which is fine. normal. noble even but there's a lot of that in tech: dead ends and all cryptocurrency offers now is this endless hype and nothing but harvesting money from the impressionable
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🕵️ #Crypto Coin Fan Community Update $CIA Price: $ USD 1 Hour Change: 6 Hour Change: 24 Hour Change: $CIA Market Cap: $ USD Liquidity: $ USD 2tkoGDwxfhGhHQrFFMJeVKwif75yGwgoyE9WM7UDpump #Solana #blockchain #cryptocurrency ⚠️ Disclaimer: This coin was named after @JohnKiriakou@privacysafe.social by fans and is not administered or controlled by him. All investments carry risk. This is not financial or investment advice.
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“The rent-a-GPU business, which emerged from #cryptocurrency miner #ArkonEnergy, filed a Form S-1 registration statement with the US Securities and Exchange Commission (SEC) on Friday….The #FinancialTimes previously reported that the company was targeting a valuation of up to $35 billion. The filing shows how costly Nscale's expansion has been. #Revenue surged from $10.4 million to $140.6 million in the six months to June 30, but its #NetLoss widened from $368.9 million to $1.02 billion over the same period.” #GPU to #crypto to #AI to Stockmarket. Losses all the way down.
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🕵️ #Crypto Coin Fan Community Update $CIA Price: $ 0.00001154 USD 1 Hour Change: 6 Hour Change: -1 24 Hour Change: -1 $CIA Market Cap: $ 11,534 USD Liquidity: $ 12,673 USD 2tkoGDwxfhGhHQrFFMJeVKwif75yGwgoyE9WM7UDpump #Solana #blockchain #cryptocurrency ⚠️ Disclaimer: This coin was named after @JohnKiriakou@privacysafe.social by fans and is not administered or controlled by him. All investments carry risk. This is not financial or investment advice.
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🕵️ #Crypto Coin Fan Community Update $CIA Price: $ USD 1 Hour Change: 6 Hour Change: 24 Hour Change: $CIA Market Cap: $ USD Liquidity: $ USD 2tkoGDwxfhGhHQrFFMJeVKwif75yGwgoyE9WM7UDpump #Solana #blockchain #cryptocurrency ⚠️ Disclaimer: This coin was named after @JohnKiriakou@privacysafe.social by fans and is not administered or controlled by him. All investments carry risk. This is not financial or investment advice.
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The Clarity Act cloture vote has failed by a 49–50 margin; well short of the 60 votes needed. No Democrats crossed over to vote for the bill, and three Republicans voted against. Senator Collins’ (R-ME) NO vote on Clarity was the most surprising today. She was defending the bill to constituents as recently as last week. My guess is she did not believe the bill had a chance to pass, and was more worried about defending a yes vote as her re-election prospects look slimmer. #crypto #cryptocurrency #USpol #USpolitics
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