Crypto treasury companies pivot to fringe tokens, stoking volatility fears
Bitcoin treasury = old and busted scam Random other cryptocurrencies = new hotness scam
PSA: c/Buttcoin is NOT affiliated with the Buttcoin X/Twitter account or any memecoin
Just a quick clarification, since there’s been confusion lately:
The Buttcoin community (including r/Buttcoin and its moderators) is not affiliated with the Buttcoin account on X/Twitter, nor with any recently launched “Buttcoin” cryptocurrency or memecoin.
We do not know who currently controls:
- the Buttcoin X/Twitter account, or
- the buttcoinfoundation.org website.
Neither account represents the Buttcoin community, and no endorsement has been given for any token, contract address, or crypto project.
Buttcoin has always been a criticism and satire community opposed to cryptocurrencies. Anyone claiming an "official buttcoin coin" or suggesting community backing is misrepresenting our position.
Trump Media unveils plan to distribute new cryptocurrency to shareholders
I'm sure this is exactly what shareholders want. /s
Forget about making a company profitable. It's an obvious grift at his point.
“Bitcoin Queen” gets 11 years in prison for $7.3 billion Bitcoin scam
cross-posted from: https://infosec.pub/post/37527321
A Chinese woman known as the "Bitcoin Queen" was sentenced in London to 11 years and eight months in jail for laundering Bitcoin from a £5.5 billion ($7.3 billion) cryptocurrency investment scheme. [...]
Crypto's Cryptic Texas Takeover
State regulators don't want you to know about the 60-plus Bitcoin mines guzzling public water and electricity—even though consumers are already paying the price.
https://www.texasobserver.org/crypto-energy-grid-texas-bitcoin-water/Open linkView original on lemmy.myserv.oneIsrael vs. Iran Is Still Raging... On The Blockchain
The cease fire between Israel and Iran does not appear to apply to cyber warfare. #Tether and other #stablecoin companies have been seizing a lot of Iranians' assets almost certainly at Israel's request... which is kind of funny when you know that:
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Tether has more or less openly encouraged Iranians to use Tether as a way to evade sanctions for years
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Benjamin Netanyahu's son Yair spends a lot of time with Tether's founders.
https://cryptadamus.substack.com/p/israel-vs-iran-on-the-blockchainOpen linkView original on lemmy.myserv.oneEpstein's Arrest Shook The Blockchain
Jeffrey Epstein's arrest seems to have set off a wave of suspicious crypto payments that have heretofore gone unexamined.
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The 2nd highest volume day in bitcoin history came a week after Epstein died.
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#Stablecoin transfer volumes doubled less than 48 hours after Epstein was arrested. In particular #Tether, the stablecoin whose money is managed by Epstein's next door neighbor and #Trump's current Secretary of Commerce, saw on chain volumes skyrocket.
Also there's the matter of a bunch of suspicious deaths among Epstein's crypto circle.
https://cryptadamus.substack.com/p/epsteins-arrest-shook-the-blockchainOpen linkView original on lemmy.myserv.one






