— HEX, Richard Heart
The Highest of Stakes with Richard Heart encapsulates the narcissism of crypto
In his latest review, Cas Piancey explains why Hex founder Richard Heart's documentary The Highest of Stakes is actually essential viewing.
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Kenyan police reportedly seize Worldcoin machines in warehouse raid
Worldcoin was suspended in Kenya last week with authorities citing “a number of legitimate regulatory concerns that require urgent attention.”
Canadian police now use Chainalysis to track and return stolen crypto
Canadian police using Chainalysis Reactor now have the ability to trace transactions, track suspects, and see where funds have been deposited.
Kyle Davies thinks dumping US citizenship may beat prosecutors — experts don’t
Kyle Davies renounced his citizenship back in 2020 before the collapse of 3AC. However, this is unlikely to save him from US prosecutors.
Brian Armstrong revealed Binance sold all its USDC in Coinbase earnings call
In a Q2 earnings call, Coinbase chief Brian Armstrong unexpectedly said that USDC was stronger now that Binance has liquidated.
Pub owner convinced ‘hundreds’ in UK village to invest in shitcoin
The quaint village of Winchmore Hill invested in the crypto Koda, only for it to plummet in price soon after. Entire life savings are gone.
eToro sued down under over ‘wholly inadequate’ customer checks
ASIC says that eToro's lax screening test for its contract for difference product could have led to “a significant risk of consumer harm."
— DeFi
Curve exploit shows DeFi still far from decentralized in 2023
DeFi 2023 was supposed to solve the problem of centralized crypto collapses in 2022 like FTX, Celsius, Voyager, and Terra LUNA.
On-chain data shows Justin Sun controls virtually all stUSDT
Around 99% of stUSDT is controlled by Justin Sun and Justin Sun-connected entities such as Huobi, despite lacking the promised DAO.
— Crypto
Minnesota’s biggest crypto scam: Man loses $9M to LinkedIn seductress
A scammer posing as a woman on LinkedIn convinced a man to leave his wife and send $9M in a record-breaking crypto scam for Minnesota.