Just when you thought the world was ready to forget the catastrophic collapse of FTX and the conviction of its once-untouchable founder Sam Bankman-Fried, a photo of the incarcerated former executive along with a handful of other prisonmates hit Twitter, thanks to Tiffany Fong.
First photo of Sam Bankman-Fried in jail at MDC Brooklyn. (December 17, 2023) pic.twitter.com/QlENjjmeQG
Fong, who herself calls attention to the absurdity of her involvement in the FTX drama (“it’s just like this random fucking chick wandered into this very serious situation,” she told Rolling Stone), secured the image after befriending Bankman-Fried's former prisonmate "G Lock,” who referred to the FTX founder as his “son” and issued a call to U.S. President Joe Biden to pardon his now-bearded friend.
wow front page of @rollingstone how FUN!! like i said, “i’m so out of place in this story. it’s just like this random fucking chick wandered into this very serious situation.” 🤣 hahaha pic.twitter.com/BTFhEySPnG
Sufficiently scandalized, Crypto Twitter then enrolled in a course in crypto history.
Perhaps the best thing to come out of the U.K. high court trial over whether litigious computer programmer Craig Wright is the pseudonymous creator of Bitcoin, Satoshi Nakamoto, are the archives of correspondence between Nakamoto and his collaborators (which include first Bitcoin transaction recipient Hal Finney and no one named Wright) that have been unearthed and entered into evidence.
First came emails between Nakamoto and cryptographer and cypherpunk Adam Back—CEO and co-founder of Blockstream—going back well before Bitcoin's launch.
NEW: Adam Back's complete email history with Satoshi Nakamato was entered in the court records today
Then came the testimony and associated email archives of computer scientist and software developer Martti Malmi, an early Bitcoin contributor who went by the nickname Sirius.
By July 2009, Satoshi was tired, saying he "needed a break" from Bitcoin.
Intriguingly, while Bitcoin is hailed today as a solid investment (acknowledged by regulated financial markets in the form of new and red-hot spot exchange traded funds) that's also an anonymous means of payment, Nakamoto was hesitant to tout either trait, asking to remove related promises from the Bitcoin website.
In the degen suburbs of Crypto Twitter, it was oddly a corporate shakeup that got tweeps tweeting, as Greg “Garga” Solano announced that he was returning to Yuga Labs as its CEO—replacing Daniel Alegre, who came over from Activision but lasted less than a year at the helm.
Some news to share:
I am stepping back in as CEO of Yuga Labs. Wylie and I are grateful for all the contributions and operational rigor Daniel has brought to the company, and appreciate his thoughtfulness and mentorship over the past year. I’m reinvigorated to be taking the…
“We want to unshackle the BAYC team at Yuga as much as possible to execute against its vision," Garga wrote. To do so, he promised to reinvigorate Otherside and position it as ”the living room of Web3,” and to lean more into gaming—from ”mass market,” fun titles like Dookey Dash to more “crypto native mechanics and platforms.”
Finally, Twitter was the root of a briefly viral false rumor that Google was killing its immensely popular Gmail email service. No, Google is not killing Gmail—something the tech giant had to affirm—but it sparked enough of a controversy that it prompted fans of Elon Musk to ask whether he had a competitive service in mind as part of his “everything app” ambitions.
Criminals are blackmailing YouTube creators into adding malicious crypto-mining malware to their videos, according to research from cybersecurity firm Kaspersky.
The hackers have been taking advantage of the growth in Russia of Windows Packet Divert drivers, which enable internet users to circumvent geographic restrictions.
Kaspersky’s systems have detected these drivers on 2.4 million devices over the past six months, with each successive month since September witnessing an increase in download...
Asset manager VanEck registered a trust company for an Avalanche (AVAX) exchange-traded fund in Delaware on Monday, mirroring moves made prior to its other spot crypto ETF forays.
The registration comes as other institutions in the U.S. race to offer new crypto products under the Securities and Exchange Commission’s now more crypto-friendly regime, covering larger digital assets like Solana, XRP and Dogecoin, and more recently, smaller ones in spot ETF applications.
On Monday, Rex Shares and Osp...
Bubblemaps, a popular on-chain visualization tool and crypto sleuthing firm, has launched its BMT token on Solana (SOL) and Binance Smart Chain (BNB) ahead of the launch of its investigation platform: Intel Desk.
But onlookers weren’t happy with how the launch went down because it appeared the firm had control of 94% of the supply. Bubblemaps, however, say this is very different from the scams it has called out in the past—mostly due to its transparency.
BMT peaked at a $90 million market cap on...