
Informed Crypto News
1,469 episodes — Page 29 of 30
Top Korean paper knew its award went to $3B crypto scam, victims say
Right-wing newspaper Chosun Ilbo has been accused of knowingly covering and awarding the KOK crypto scam back in 2022.
Nobody likes Bryan Johnson’s breakfast at the Network School
Students at the crypto-funded Network School in Singapore reportedly prefer the hotel’s breakfast buffet over Johnson’s “bunny food.”
DeFi yields exceed 60% APY on bitcoin with insane risks
Ultra-high yields on bitcoin-named tokens are available across a variety of interlinking, risk-compounding projects.
How Terra collapse nearly killed algorithmic stablecoins
The spectacular failure of Terra has caused money to flee from algorithmic stablecoins and has seen many abandon their plans.
Supreme Court won’t stop sale of 69,370 Silk Road bitcoins
The US Supreme Court declined to hear an appeal of a bankruptcy lawsuit that has prevented the liquidation of $4.4 billion worth of bitcoin.
AT&T security flaws exposed by Chinese hacks and crypto thefts
AT&T faces a major network breach by China and a reopened crypto theft case that could set a precedent for customer data protection.
Telegram a haven for crypto launderers and fraudsters, reports UN
The UN has found that criminal enterprises in Southeast Asia, including Chinese syndicates, reportedly make between $27.4B and $36.5B a year.
Bitcoin makes IMF hesitant to issue new loans to El Salvador
The IMF is still unhappy with El Salvador’s use of bitcoin at a sovereign level, and it’s pressing hard at the negotiation table.
Who is Len Sassaman, Polymarket’s top bet for Satoshi?
Polymarket users are betting that deceased cypherpunk Len Sassaman will be revealed as Satoshi Nakamoto in HBO’s documentary.
CZ’s release was supposed to launch Uptober — instead, we lost $200B
In an ironic twist of luck that few predicted, crypto prices apparently performed better while CZ was in prison.
Will HBO documentary unveil Bitcoin’s creator, Satoshi Nakamoto?
A documentarian claims to have discovered Satoshi Nakamoto’s true name and will supposedly unmask the mysterious Bitcoin creator this Tuesday.
Andre Cronje says someone stole his code to build a $1B DeFi project
Cronje claims that someone used his work to create an unauthorized copycat that amassed seven figures in total value locked.
Russian hackers are using deepfake porn sites to steal crypto
Russian ransomware group Fin7 has created at least seven different AI-generated deepfake sites that create non-consensual nude images.
Court rules prediction market Kalshi’s US election bets are legal
A judge has rejected the CFTC’s attempt to stop Kalshi from resuming its election prediction markets as the commission appeals.
Satoshi likely launched 51% attack on Bitcoin during early days
An in-depth review of 2009 blocks suggests it’s highly likely that Satoshi used hash power to reorganize Bitcoin’s blockchain.
VCs secretly cashed out rewards on ‘locked’ EIGEN tokens
EigenLayer once claimed that a majority of its token supply would be locked for a year. Days into its launch, insiders started cashing out.
EOS founder Dan Larimer predicts biblical apocalypse next week
Larimer claims that the biblical apocalypse will begin on October 9 and that mankind should prepare for “sudden destruction.”
India disconnects 20M phone numbers in ‘cyberslave’ crackdown
India is cracking down on international scam calls partly made by its own citizens, who have become ‘cyberslaves’ across South East Asia.
Starling Bank banned crypto but left financial system ‘open to criminals’
Starling banned crypto transactions in 2022, describing them as “high risk and heavily used for criminal purposes.”
3AC founders’ Three Arrowz Capitel memecoin crashes faster than 3AC
Kyle Davies and Su Zhu have launched Three Arrowz Capitel, a memecoin based on a misspelling of their failed hedge fund.
Cambodian crypto camp reporter jailed over Facebook, X posts
Mech Dara was charged with “incitement to disturb social security” and has been placed in pre-trial detention at Kandal Provincial Prison.
Bitcoin mining firm Proton says Swan lawsuit ‘fatally flawed’
Swan Bitcoin claims Proton stole the IP of its bitcoin mining business, but Proton claims that Swan doesn’t even own a majority stake.
Binance founder CZ made over $25 million per day while in prison, report
Although most of his wealth comes from equity in private companies, Forbes claims that CZ could personally have made billions while in prison.
Alleged crypto scammer gets a face reveal courtesy of ZachXBT
Crypto sleuth ZachXBT claimed that the alleged crypto scammer stole $650K while in the UK and confirmed his face was exposed in a video call.
Ohio senator re-introduces failed crypto tax plan
A state senator in Ohio has re-introduced a law that would somehow allow payment of taxes in volatile crypto assets.
Former Coinbase employee accused of ‘stealing’ code for PearAI
A creator of PearAI quit his job at Coinbase to start the firm but has since been accused of stealing code and illegal relicensing.
No, FTX creditors will not receive $16 billion today
Rumors of a $16 billion payout to victims of the FTX fraud circulated on social media. Some people thought they would receive money today.
Billionaire who introduced Tether to Northern Data leaves UK for Switzerland
Christian Angermayer claimed changes to the non-dom tax system would be “a bigger act of national self-harm than Brexit.”
Three DeFi hacks net $10 million in 48 hours despite ‘renaissance moment’
While Aave and Maker (now Sky) founders basked in a ‘DeFi renaissance moment,’ some less well-known projects were losing millions.
Britannia buys operations of fellow Tether bank Deltec
Deltec Bank and Trust has reportedly sold its lines of business to Brittannia bank and Trust, another Tether bank in the Bahamas.
Judge rules crypto protocols can be money transmitters without control
A judge has ruled on the compliance requirements for a crypto money transmitter — even if they do not control their users’ funds.
Is Binance founder CZ really getting out of prison today?
Disgraced Binance CEO Changpeng Zhao might be released from prison two days early due to a federal rule around weekend releases.
Swan Bitcoin lawsuit targets former executives, implicates Tether
A lawsuit filed by Swan Bitcoin against former executives alleges they stole the bitcoin mining operation with help from Tether.
Italian giant UniCredit eyes Commerzbank with German crypto ties
Commerzbank’s partnership with Deutsche Börse subsidiary Crypto Finance offers bitcoin and ether trading for corporate customers in Germany.
Is Bitcoin protected by the First Amendment as Michael Saylor says?
Michael Saylor and dozens of Bitcoiners have endorsed a new report claiming that bitcoin is free speech protected by the US Constitution.
Premier League crypto sponsor Sorare accused of unlicensed gambling in UK
Sorare claims its NFT trading game is not a gambling product and plans to fight the unlicensed gambling allegations in court.
Crypto investors burnt again by Israeli entrepreneur Moshe Hogeg
While a possible court trial is delayed in Israel, alleged scammer Moshe Hogeg has ticked off investors of his recent crypto project Tomi.
The many weird AI depictions of Michael Saylor
Michael Saylor has uploaded 473 Bitcoin-related AI-generated images, many featuring himself, since February last year.
Bill Maher says crypto mining uses 8% of world’s electricity — he’s wrong
Maher was lambasted online after he broadcast the false crypto figures on TV and to nearly 12 million followers on social media.

CHART: Everyone sentenced from FTX and Alameda
Caroline Ellison is the third individual related to the collapse of FTX to be sentenced. Two others will learn their fate later this year.
Do Kwon was leverage in South Korea airport deal, ex-minister claims
A former minister alleged that Do Kwon may have been a tool in a trade deal that would give South Korea control over Montenegro’s airports.
Ether has lost one-third of its bitcoin value in a year
Ether’s curious failure to reach a new high in bitcoin terms for more than seven years has investors scratching their heads.
TrueUSD firms dodge fraud claims with SEC settlement
TrueCoin and TrustToken have settled SEC charges of misrepresenting TrueUSD as 1:1 backed after funds were sent to a speculative, risky fund.
Caroline Ellison sentenced to two years for FTX-Alameda fraud
Caroline Ellison has been sentenced to two years in prison for her role in the FTX-Alameda Research fraud.
Diddy joins SBF, Avraham Eisenberg in ‘horrific’ Brooklyn prison
Sean ‘Diddy’ Combs was jailed at the Brooklyn Metropolitan Detention Center, which has been home to Bankman-Fried since his April sentencing.
Crypto colonists brand Balaji’s Network School fees ‘sketchy’
Applicants to Balaji Srinivasan’s Network School were told they had two days to pay a month’s rent up front despite not knowing its location.

Threadguy shouts one question at Trump, Polymarket calls it an interview
Polymarket confirmed that Threadguy’s 50-word exchange with Trump was an interview, settling a bet made after a hasty $25,000 NFT purchase.
What to expect at Caroline Ellison’s sentencing tomorrow
On September 24, Caroline Ellison of Alameda Research will receive her final sentence for the crimes she committed that harmed FTX customers.
Web3 gaming firm Immutable criticized for limited phishing warning
Ethereum gaming platform Immutable has been criticized for its response to a Discord phishing plot that didn’t include many public warnings.

Did Arthur Hayes dump the project he shilled at Token2049?
Attendees of Token2049 Singapore are laughing at Arthur Hayes apparently selling Pendle just 48 hours after pumping it on stage.