— Crime, South Korea
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.
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— Balaji Srinivasan, Bryan Johnson
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.
— Luna, Stablecoins
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.