mathstodon.xyz is one of the many independent Mastodon servers you can use to participate in the fediverse.
A Mastodon instance for maths people. We have LaTeX rendering in the web interface!

Server stats:

2.8K
active users

#cryptocurrencies

5 posts5 participants0 posts today

"Trump is continuing to enrich himself through his various crypto projects, most recently attempting to pump the price of his TRUMP memecoin by enticing the top 220 holders with invitations to a private dinner with him at his Washington, DC golf course. The top 25 of those receive an “Exclusive Reception before Dinner with YOUR FAVORITE PRESIDENT!” and a “Special VIP Tour”.

It seems to be working: as of writing, the second entry on the leaderboard is a wallet that purchased 400,000 $TRUMP shortly after the announcement for around $5.3 million.1 Another later purchaser achieved the #3 spot by purchasing over 650,000 $TRUMP for a whopping $8 million — interestingly, funded by a Binance account, suggesting that the wallet holder is not based in the US.2

$8 million in $TRUMP purchases, funded by a Binance transfer
The fourth-place spot is also occupied by a wallet that was funded by Binance, which purchased $3 million in $TRUMP. In first place is Justin Sun, who has used the TRUMP holdings belonging to his HTX cryptocurrency exchange, notionally priced at $14.6 million, to secure an invite."

citationneeded.news/issue-82/

Citation Needed · Issue 82 – E-molumentsAs Celsius victims detail their devastation even under the weak crypto regulations of the past, the Trump administration continues to dismantle those same rules while he pumps his personal memecoin with promises of private access

"El comunicado no puede ser más explícito en su intención. Ordena a la Unidad de Integridad del Mercado y Grandes Fraudes “dejar de controlar las criptomonedas”. También instruye a los fiscales del estado a “no presentar cargos por violaciones de la regulación en casos que involucren activos digitales”. No podrán investigar ni perseguir delitos como transferencias de dinero no autorizadas, ofertas de valores no registradas, operaciones de corredores y agentes de Bolsa no registrados y cualquier infracción de los requisitos de registro bajo las leyes de Valores Bursátiles, Productos de Inversión o de Secreto Bancario. Libera a las cripto de reportar cualquier incidencia vinculada con crímenes financieros típicos de la industria, como el lavado de dinero o la financiación ilegal, a menos que sepan “concretamente” que el acusado “ha violado conscientemente y de manera deliberada un requisito específico”.

Las razones parecen obvias. La industria de las criptomonedas recaudó más de 200 millones de dólares para Trump en 2024. A cambio, Trump ha sido muy generoso con el sector. Una de las primeras órdenes ejecutivas del presidente fue la creación de una reserva federal de Bitcoin y otras criptomonedas emitidas por algunos de sus principales donantes. De momento, ha usado reservas que Justicia y las agencias federales han confiscado en sus operaciones contra cibercriminales, pero ahora amenaza con usar las reservas de oro federales para engordar las de Bitcoin."

elpais.com/opinion/2025-04-10/

El País · Criptos sin ley: el plan de TrumpEl sueño de un sistema monetario digital fuera del control de los bancos centrales está a punto de cumplirse. Muy conveniente si quieres operar con grandes cantidades de dinero de forma clandestina durante una recesión
#USA#Trump#Crypto

"A Monday night memo from Deputy Attorney General Todd Blanche, citing Trump’s crypto executive orders, has dismantled the Department of Justice’s National Cryptocurrency Enforcement Team (NCET) and directed the agency’s Market Integrity and Major Frauds Unit to “cease cryptocurrency enforcement”.1 The memo also directs prosecutors to “not charge regulatory violations in cases involving digital assets including but not limited to unlicensed money transmitting..., violations of the Bank Secrecy Act, unregistered securities offering violations, unregistered broker-dealer violations, and other violations of registration requirements under the Commodity Exchange Act” unless they have specific knowledge that the defendant knowingly and willfully violated a specific requirement — erecting a major barrier to prosecuting such cases.

The National Cryptocurrency Enforcement Team, established in October 2021 and merged with the computer crimes section in July 2023, helped investigate and prosecute cases including the historic Binance case [I44] — which was based on charges that the DOJ is now explicitly discouraged from prosecuting. "

citationneeded.news/issue-81/

Citation Needed · Issue 81 – Crypto crime is legalTrump continues to dismantle crypto enforcement while expanding his personal crypto empire
#USA#Trump#Crypto
Replied in thread

@katrinakatrinka @digyoursoul @molly0xfff OFC, it has all the drawbacks of "self-custody cash, but digital"...

I just see #Monero as a better alternstive to an #AMEX, #VISA, #MasterCard or #PayPal!

And unlike Other #Cryptocurrencies it's free of #SmartContracts and #NFTs so not on the perpetual tire fire that is @web3isgreat ...

  • Not gonna claim it's better than #Euro banknotes, but unless you have a bank account in #SEPA where you can use #wero, it's the fastest way to do #CashlessPayments remotely/online...

"As the Trump administration continues the process of establishing a regulatory environment maximally beneficial to the cryptocurrency industry, Trump is doing the only thing you might expect of him: increasing his business interests in the crypto sector so that he too can personally profit.

His Trump Media organization, which is the business entity behind the Truth Social platform, has announced a partnership with the Singapore-based Crypto.com to launch various exchange-traded products of the both crypto and non-crypto varieties. The overseas Crypto.com is a bit of an odd choice in partner, given the press release’s emphasis that the project will have a “Made in America focus”.6

Though the details were scarce, the press release suggested the crypto ETFs would “include a unique ETF basket of cryptocurrencies incorporating Bitcoin, Cronos, and other crypto assets.” (Cronos is the token issued by Crypto.com subsidiary Cronos Labs.) All of this will happen via the “Truth.Fi” brand, a business venture announced by Trump Media in February [I76]. There has been some controversy over this deal in the crypto world, centering around a decision by Crypto.com and Cronos to fund the deal by “reissuing” tokens notionally worth $7 billion that had been burned (ostensibly permanently destroyed) in 2021.7 The proposal was unpopular among many Cronos holders, and comments on the proposal were universally negative."

citationneeded.news/issue-80/

#USA #Trump #Crypto #Cryptocurrencies #PonziSche,e

Citation Needed · Issue 80 – Aimed at benefiting the digital assets industryAs the US government lays a very favorable groundwork for the crypto industry, Trump positions himself for maximum personal profit

"According to a memo circulating among State Department staff and reviewed by WIRED, the Trump administration plans to rename the United States Agency for International Development (USAID) as US International Humanitarian Assistance (IHA), and to bring it directly under the secretary of state. The document, on which Politico first reported, states that as part of its reorganization, the agency will “leverage blockchain technology” as part of its procurement process.

“All distributions would also be secured and traced via blockchain technology to radically increase security, transparency, and traceability,” the memo reads. “This approach would encourage innovation and efficiency among implementing partners and allow for more flexible and responsive programming focused on tangible impact rather than simply completing activities and inputs.”

The memo does not make clear what specifically this means—if it would encompass doing cash transfers in some kind of cryptocurrency or stablecoin, for example, or simply mean using a blockchain ledger to track aid disbursement."

#USA #USAID #Trump #Blockchain #Crypto #Cryptocurrencies #HumanitarianAid

arstechnica.com/tech-policy/20

Sign for USAID
Ars Technica · Trump administration’s blockchain plan for USAID is a real head-scratcherBy WIRED

"I have returned from my quick trip to Austin for a few days at the South by Southwest conference. Last time I was there, Silicon Valley Bank fell apart, which made for a rather entertaining weekend to spend as a fly on the wall around the various tech executives who make their pilgrimages to the conference. By that point in 2023, the shine had already mostly worn off on the crypto excitement compared to the crypto extravaganzas that characterized SXSW during crypto’s peak hype years.

This time, although crypto prices are back up, crypto excitement didn’t seem to be.
(...)
There was a great panel about “Openness Under Pressure”, which touched on similar points as my recent newsletter about open access amid widespread AI scraping. Bluesky CEO Jay Graber took the mainstage for a keynote with the inimitable tech journalist (and Bluesky board member) Mike Masnick. She wore an oversized black t-shirt printed with black text that read mundus sine Caesaribus (“a world without Caesars”). It was immediately recognizable to those who had seen Mark Zuckerberg’s custom black-on-black aut Zuck aut nihil (“Zuck or nothing”) shirt at a Meta event last year, an egomaniacal play on aut Caesar aut nihilb and a nod to the emperor after whom Zuckerberg has long styled himself.

Her message was clear: we need a world resilient to the outsized power of Zuckerbergian billionaire emperors. And we need platforms that are, as she and Masnick put it, “billionaire-proof”. I couldn’t agree more.

Sadly, for now we remain in a very much not billionaire-proof world, so I will now update you on how that’s all been going."

citationneeded.news/issue-79/

Citation Needed · Issue 79 – Mundus sine CaesaribusThe crypto industry frees itself from the last remnants of SEC oversight, and Solana tries to appeal to its target demographic by bashing trans people