#cryptocurrencies

Negative PID Inc.negativepid
2025-05-09

🔗 Curious about Blockchain but not sure where to start? Our article, "A Beginner's Guide to Blockchain," unravels the mysteries of this revolutionary technology! 🚀 Start your blockchain journey today and discover how it's shaping the future!
👉 negativepid.blog/a-beginners-g

🌐🔍

2025-05-08

Tell Congress: Ban Government Officials From Issuing
Add Your Name

has debased the office of the president to enrich himself and his family to a degree so unprecedented and extreme that it might seem almost comical if it weren’t so nakedly corrupt.

Among the most grifts are the “meme coins” launched earlier this year by both and his wife, .

act.citizen.org/page/82879/pet

Miguel Afonso Caetanoremixtures@tldr.nettime.org
2025-05-08

"The 220 wallets currently listed on the leaderboard of token holders hold a combined 12.5 million $TRUMP, notionally priced at around $137 million. These wallets likely represent fewer than 220 distinct individuals. Blockchain analysis shows several clusters of two or three wallets with similar trading patterns and funding sources, or wallets which have transferred tokens to other wallets on the leaderboard, suggesting some investors are qualifying for multiple spots through different wallets. Without access to identification documentation that will be submitted privately to the Trump team, only a small number of wallets can be connected to identifiable individuals with any degree of certainty based on public data.

161 of the wallets on the leaderboard, or 73%, likely belong to non-U.S. investors. This conclusion stems from tracking token transfers through offshore cryptocurrency exchanges that explicitly prohibit U.S. customers. While some Americans may have access to these exchanges because they operate foreign businesses, it is not trivial to establish such a business, and it’s generally prohibited to set up a shell company solely to circumvent trading restrictions. Some of these exchanges, namely Binance, have in the past encouraged customers to illegally circumvent their restrictions using VPNs or offshore shell companies, although regulatory enforcement actions in the past few years have limited the practice somewhat.3 Two wallets received transfers from US-only entities and so are likely American; an additional four are likely American based on their online presence. The remaining 53 have used exchanges and other trading platforms that allow US and non-US traders alike.

Of the top 25 “VIP” holders, who will also be treated to an exclusive pre-dinner reception with Trump and a tour,c 23 of them are individuals or entities likely based outside of the United States."

citationneeded.news/trump-meme

#USA #Trump #Memecoins #Crypto #Cryptocurrencies #Kleptocracy

Guardian LimericksguardianLimerick
2025-05-04

There once were some crypto buffs, rich and bold,
But their fortunes quickly turned cold.
Kidnappings took place,
The police joined the chase,
Their stories to be fully told.

theguardian.com/world/2025/may

Guardian LimericksguardianLimerick
2025-05-04

In France, police are on the case,
Investigating a wealthy disgrace,
Cryptocurrency kingpins,
Targeted for their winnings,
Kidnappers leaving no trace.

theguardian.com/world/2025/may

Guardian LimericksguardianLimerick
2025-05-04

There once were some crypto tycoons,
Whose wealth led to dark afternoons,
Kidnapped in France,
The police took a chance,
To solve these high-stakes crypto boons

theguardian.com/world/2025/may

Kevin Karhan :verified:kkarhan@infosec.space
2025-05-04

@Sibshops not really, it keeps stable at the €250-ish mark, so it's simply a jump in value tuat seems persistent. Whereas any ML would spike it for a bit and/or go down afterwards...

  • I don't have the necessary time nor resources to check for that, and given the rampant use of #Shitcoins and the fact that "Non-KYC Crypt-to-Crypto exchangers" have changing wallets as they don't want to tumble clean coins, it's really hard to evidence that.

If anything, #delisting|s of #Monero made it harder to do #AML & #CTF investigations since #Exchanges did keep record on the exact "coin" (like a Serial Number on a banknote), allowing for #cash-like tracing based off known date/time, wallet & coin correlation.

  • Kinda how #LEA|s inject small amounts of cash into organized crime to track correlations.

#Cryptocurrency #Shitcoin #Cryptocurrencies

Miguel Afonso Caetanoremixtures@tldr.nettime.org
2025-05-02

"When Donald Trump agreed to attend a dinner with the largest investors in his own-brand cryptocurrency, he transformed the TRUMP coin into something else entirely: a means of access to the sitting president. As a consequence, Trump could find himself at odds with constitutional prohibitions of bribery and corruption, experts claim.

Trump’s dinner announcement on April 23 instigated a trading frenzy that, on paper, added hundreds of millions of dollars to his net worth. Two subsidiaries of the Trump Organization, a conglomerate owned by the president, control 80 percent of the total supply of the coin, which shot up in price by almost 60 percent after the announcement. Those subsidiaries also profit from any surge in trading volume as rent-seeking intermediaries.

However, the dinner maneuver may have political consequences for Trump. In creating the opportunity for anybody with sufficient wealth to purchase an audience, Trump risks falling foul of a part of the US Constitution—the emoluments clauses—that prohibit the president from accepting gifts or financial compensation from foreign and domestic state actors. In a worst-case scenario for the president, the potential for negative optics could add fuel to calls for his impeachment."

wired.com/story/trumps-quest-f

#USA #Trump #Crypto #CryptoCurrencies #Memecoins #USConstitution #Kleptocracy #Corryption #RentSeeking #Emoluments

Benjamin Carr, Ph.D. 👨🏻‍💻🧬BenjaminHCCarr@hachyderm.io
2025-05-02

#RSA cofounder: The world would've been better without #cryptocurrencies
Adi Shamir, the S in the RSA algorithm and a cofounder of RSA Security, went off on #cryptocurrency, saying its early promise has been wasted. While he said Satoshi Nakamoto's paper on #Bitcoin and its #blockchain was "very lofty," its promise of becoming a decentralized way to exchange money digitally without government interference, or reliance on financial institutions, hasn't come through.
theregister.com/2025/04/29/cry

Client Info

Server: https://mastodon.social
Version: 2025.04
Repository: https://github.com/cyevgeniy/lmst