Yeah, that _is_ pretty wild.
I'm all for neutrality and think it's fine not to freeze DPRK accounts if you're aspiring to be a DEX.
But then don't go ahead and do it three weeks later to save yourself $10m from *checks notes* bad risk management on your JellyJelly market
so just to recap
- WSJ journalists (Angus Berwick & Ian Talley) write a flurry of articles citing Elliptic data claiming that PIJ (Hamas affiliate) raised $93m in crypto (and cites BitOK claiming Hamas raised $41m) [1]
- Sen Warren uses this article to claim that Hamas raised "over $130m" in crypto. This article is her SOLE citation in her letter. The entire letter depends on the WSJ article [2]
- Over 100 member of Congress sign the letter, which asks for the Biden admin to further crack down on crypto
- Chainalysis comes out with an article disputing the WSJ claims, saying that instead of $82m of terror financing, the real figure is around $450k. It's unclear which wallets they are referring to. Either way, it looks like the WSJ analysis is vastly overstated [3]
- WSJ refuses to follow up or retract, instead writing more articles relying on their claims
[1] archive.ph/hdcWc
[2] warren.senate.gov/imo/media/…
[3] chainalysis.com/blog/cryptoc…
CT is flooded with "I know some bad news, but cant share rn". Its engagement farming at its worst. Sure, there may be more bodies that float to the surface, but i'm confident these fools dont know who or when.
Its hard to overstate the tremendous benefit that will accrue to West Texas from the coincidence of the three below events:
Renewable energy tax credit
BTC Genesis Block
Ukraine war/NG forward curve re-pricing
Hot take: real education has actually been deflationary, not inflationary
You can learn everything you need and more from the internet / socializing on the internet
I don't know anyone who has paid money to learn crypto; kids in India are learning Solidity and gapping up
Great thread on the state of defi derivatives. Given the reg crackdowns on Binance and the self imposed leverage reductions by Chinese exchanges there is clearly an opportunity.
Cross collateral is a vital element and it remains to be seen whether we see enough focus on a single L2 to facilitate it or whether we see a move to performant L1s like Solana.
We will never launch a token. And everyone retweeting this, following us, and dropping their ETH address below will never get a shitload of them. Seriously.
Who wants a doge sweatshirt? Giving away 100!
Retweet this and follow @Blockfolio and @WSBChairman for a chance to get a doge sweatshirt. Recipients will be randomly selected. #DogeDay