Simplistic calculations of El Salvador’s bitcoin holdings assume that a rally to $100K would allow IMF loan repayment. It probably won’t. Source link
Warren Payne
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A timeline of Tether’s run-ins with US courts and law enforcement traces back over a decade, but its market cap has steadily grown. Source link
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Coinbase
Adding bitcoin to balance sheets doesn’t always mean big wins
by Warren Payneby Warren PayneAdding bitcoin to a company’s balance sheet has been a terrific decision for the few winners and a terrible decision for others. Source link
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Coinbase
Coinbase restrictions almost ruined crypto trader’s wedding
by Warren Payneby Warren PayneCoinbase user Griffin McShane says he almost lost his wedding venue of choice after the crypto exchange locked his account. Source link
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Coinbase
Japanese man sentenced to 3 years after creating crypto ransomware with AI
by Warren Payneby Warren PayneIn a reported legal first for Japan, the man was sentenced for abusing generative AI to create code for crypto ransomware. Source link
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Coinbase
OpenAI tool used to create voice bot that can drain crypto wallets
by Warren Payneby Warren PayneComputer scientists used OpenAI’s GPT-4o model, in tandem with a number of other freely available tools, to carry out phone-based scams. Source link
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Phantom, a cryptocurrency wallet popular on Solana, is currently experiencing downtime due to a “major incident” with the backend. Source link
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Coinbase
Why didn’t Donald Trump and Joe Rogan mention bitcoin or crypto?
by Warren Payneby Warren PayneJoe Rogan’s three-hour interview with Donald Trump avoided the topic of crypto, right as his recent crypto project flopped… Curious! Source link
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Coinbase
Marc Andreessen’s crypto-trading AI breakthrough is human-operated
by Warren Payneby Warren PayneThe crypto world is entranced by the dawn of supposed AI-managed hedge funds. Unfortunately, A16z and other humans are actually responsible. Source link
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Coinbase
CHART: Crypto election markets and polls show very different odds
by Warren Payneby Warren PayneOn Monday, Donald Trump’s odds of US election victory were 66% on crypto-friendly Polymarket but just 48% on The Hill. What gives? Source link