sw-development-is.social is part of the decentralized social network powered by Mastodon.
A social place intended as a chill hangout place for software testers, developers, or just about anyone involved in delivering software and who is interested in both the technical as well as the social side of things. <br><br> sw-development-is.social is supported by the <a href="https://associationforsoftwaretesting.org/" target=“_blank”>Association for Software Testing</a>. <br><br> For more information about this instance,

Server stats:

23
active users

Learn more

#crypto

26 posts5 participants0 posts today
Molly White<p>Coinbase announces it's joining the S&amp;P 500 and then announces a serious data breach two days later</p><p>oof</p><p><a href="https://hachyderm.io/tags/coinbase" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>coinbase</span></a> <a href="https://hachyderm.io/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a></p>
Molly White<p>The only data Coinbase has disclosed about the scale of the breach is that it affects "less than 1% of Coinbase monthly transacting users", which seems super cagey</p><p><a href="https://hachyderm.io/tags/coinbase" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>coinbase</span></a> <a href="https://hachyderm.io/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a></p>
Nonilex<p>In its filing with the <a href="https://masto.ai/tags/SEC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>SEC</span></a> on Tuesday, <a href="https://masto.ai/tags/GDCultureGroup" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GDCultureGroup</span></a> confirmed its plans to buy $TRUMP — but again omitted any information about the entity that is financing the purchase.</p><p>Historically, the British Virgin Islands has been a favorite jurisdiction for overseas investors seeking to maintain confidentiality, because it is easy to set up a shell company there.</p><p><a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/emoluments" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>emoluments</span></a> <a href="https://masto.ai/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://masto.ai/tags/securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>securities</span></a> <a href="https://masto.ai/tags/POTUS4sale" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>POTUS4sale</span></a></p>
Nonilex<p>…The stmnt by <a href="https://masto.ai/tags/GDCultureGroup" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GDCultureGroup</span></a> did not mention any policy objectives. Xiaojian Wang, the chief exec, said the company was embracing “industrial transformation” through <a href="https://masto.ai/tags/cryptocurrencies" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cryptocurrencies</span></a> &amp; moving to “strengthen our financial foundation.”</p><p>It was unclear how exactly GD Culture Group had secured the funding to buy hundreds of millions of dollars of <a href="https://masto.ai/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a>. In its stmnt, the company did not reveal any info about the entity in the British Virgin Islands that agreed to purchase its stock.</p><p><a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>law</span></a></p>
Nonilex<p>…An analysis by NYT &amp; the <a href="https://masto.ai/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> forensics firm Nansen found that many of the coin’s buyers were based overseas in countries including Mexico, Singapore &amp; Australia.</p><p>Under federal <a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>law</span></a>, foreign investors are barred from donating to a political campaign or a president’s inaugural fund. But <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a>’s <a href="https://masto.ai/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> ventures have offered a new avenue for these overseas buyers to support him financially.</p><p><a href="https://masto.ai/tags/emoluments" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>emoluments</span></a> <a href="https://masto.ai/tags/securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>securities</span></a> <a href="https://masto.ai/tags/POTUS4sale" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>POTUS4sale</span></a></p>
Nonilex<p>In recent weeks, the <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> family has faced an intensifying backlash in Washington over its business dealings w/foreign countries.</p><p>On the <a href="https://masto.ai/tags/Senate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Senate</span></a> floor on Tues, Senator Chris Murphy, Democrat of Connecticut, spent 20mins walking through the various sources of overseas money pouring into the Trump family business, including the <a href="https://masto.ai/tags/memecoin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>memecoin</span></a>, a <a href="https://masto.ai/tags/RealEstate" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>RealEstate</span></a> deal involving the govt of <a href="https://masto.ai/tags/Qatar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Qatar</span></a> &amp; a separate $2 billion <a href="https://masto.ai/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> deal with a firm backed by the <a href="https://masto.ai/tags/UAE" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UAE</span></a>.</p><p><a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/emoluments" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>emoluments</span></a> <a href="https://masto.ai/tags/securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>securities</span></a> <a href="https://masto.ai/tags/POTUS4sale" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>POTUS4sale</span></a></p>
Nonilex<p>…any purchase by <a href="https://masto.ai/tags/GDCultureGroup" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GDCultureGroup</span></a> would be the first known example of a <a href="https://masto.ai/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>China</span></a>-linked firm buying <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a>’s <a href="https://masto.ai/tags/memecoin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>memecoin</span></a>. In its financial disclosures, the company has noted that its subsidiary, Shanghai Xianzhui, might be influenced by demands from the Chinese govt, though that is not unusual wording for a Chinese company.</p><p>“The Chinese government may intervene or influence its operations at any time,” the company said in an annual report in March.</p><p><a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/emoluments" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>emoluments</span></a> <a href="https://masto.ai/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://masto.ai/tags/securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>securities</span></a> <a href="https://masto.ai/tags/POTUS4sale" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>POTUS4sale</span></a></p>
Nonilex<p>“Make no mistake. These foreign entities &amp; governments obviously want to curry favor with the president,” said former Representative Charles Dent, a Pennsylvania Republican who was the chairman of the House <a href="https://masto.ai/tags/Ethics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Ethics</span></a> Cmte. “This is completely out of bounds &amp; raises all sorts of ethical, legal &amp; constitutional issues that must be addressed.”</p><p><a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/GDCultureGroup" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GDCultureGroup</span></a> <a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/emoluments" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>emoluments</span></a> <a href="https://masto.ai/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://masto.ai/tags/securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>securities</span></a> <a href="https://masto.ai/tags/POTUS4sale" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>POTUS4sale</span></a></p>
Nonilex<p>The purchase creates clear ethical conflicts, enriching <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a>’s family at the same time that the president tries to reach a deal that would allow <a href="https://masto.ai/tags/TikTok" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>TikTok</span></a> to keep operating in the <a href="https://masto.ai/tags/UnitedStates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>UnitedStates</span></a> rather than face a congressionally approved ban.</p><p>The announcement also shows how investors around the world, including some that have virtually no public footprint, have latched on to the president’s <a href="https://masto.ai/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> ventures to boost their own business prospects.</p><p><a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/emoluments" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>emoluments</span></a> <a href="https://masto.ai/tags/securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>securities</span></a> <a href="https://masto.ai/tags/POTUS4sale" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>POTUS4sale</span></a></p>
Nonilex<p>In its statement, <a href="https://masto.ai/tags/GDCultureGroup" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GDCultureGroup</span></a>, which is traded on the Nasdaq, said it would spend $300 million on a stockpile of <a href="https://masto.ai/tags/Bitcoin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Bitcoin</span></a> &amp; $TRUMP, using proceeds from a <a href="https://masto.ai/tags/stock" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>stock</span></a> sale to an unnamed entity in the British Virgin Islands, a popular tax haven. It confirmed that investment plan in a <a href="https://masto.ai/tags/securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>securities</span></a> filing late Tues.</p><p><a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/emoluments" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>emoluments</span></a> <a href="https://masto.ai/tags/securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>securities</span></a> <a href="https://masto.ai/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://masto.ai/tags/POTUS4sale" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>POTUS4sale</span></a></p>
Nonilex<p>But on Monday, <a href="https://masto.ai/tags/GDCultureGroup" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GDCultureGroup</span></a> became the latest business with foreign ties to seize on <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a>’s <a href="https://masto.ai/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> venture, which channels profits directly to the Trump family &amp; has generated conflicts of interest that have alarmed <a href="https://masto.ai/tags/ethics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>ethics</span></a> experts. (<a href="https://masto.ai/tags/Memecoins" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Memecoins</span></a> like $TRUMP are a type of <a href="https://masto.ai/tags/cryptocurrency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cryptocurrency</span></a> based on an online joke or celebrity mascot &amp; have traditionally not had any utility beyond speculation.)</p><p><a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/emoluments" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>emoluments</span></a> <a href="https://masto.ai/tags/securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>securities</span></a> <a href="https://masto.ai/tags/POTUS4sale" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>POTUS4sale</span></a></p>
Nonilex<p>A struggling technology company that has ties to <a href="https://masto.ai/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>China</span></a> &amp; relies on TikTok made an unusual announcement this week. It had secured funding to buy as much as $300 million of $TRUMP, the so-called <a href="https://masto.ai/tags/memecoin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>memecoin</span></a> marketed by <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a>.</p><p><a href="https://masto.ai/tags/GDCultureGroup" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>GDCultureGroup</span></a>, a publicly traded firm with a Chinese subsidiary, has only 8 employees, its public filings show, &amp; recorded zero revenue last year from an e-commerce business it operates on TikTok, the Chinese-owned video-sharing app.</p><p><a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://masto.ai/tags/securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>securities</span></a> <a href="https://masto.ai/tags/emoluments" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>emoluments</span></a></p>
Nonilex<p><a href="https://masto.ai/tags/POTUS4Sale" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>POTUS4Sale</span></a></p><p>Tiny Company With <a href="https://masto.ai/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>China</span></a> Ties Announces Big Purchase of <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Trump</span></a> <a href="https://masto.ai/tags/Cryptocurrency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Cryptocurrency</span></a></p><p>The firm, which produces content for TikTok, recorded no revenue last year, but it announced this week that a mysterious stock sale would allow it to invest heavily in the $TRUMP <a href="https://masto.ai/tags/memecoin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>memecoin</span></a>.</p><p><a href="https://masto.ai/tags/law" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>law</span></a> <a href="https://masto.ai/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://masto.ai/tags/emoluments" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>emoluments</span></a> <a href="https://masto.ai/tags/securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>securities</span></a> <br><a href="https://www.nytimes.com/2025/05/13/us/politics/trump-crypto-purchase.html?smid=nytcore-ios-share&amp;referringSource=articleShare&amp;sgrp=p&amp;pvid=6FEF6D2C-C9CE-4B86-8740-A5FD9085DACF" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">nytimes.com/2025/05/13/us/poli</span><span class="invisible">tics/trump-crypto-purchase.html?smid=nytcore-ios-share&amp;referringSource=articleShare&amp;sgrp=p&amp;pvid=6FEF6D2C-C9CE-4B86-8740-A5FD9085DACF</span></a></p>
Molly White<p>The Samourai Wallet case is on hold while the government decides whether to dismiss the criminal case based on Deputy Attorney General Todd Blanche’s instructions to deprioritize enforcement of crypto crime. They’re charged with operating an unlicensed money transmitting business and money laundering conspiracy.</p><p>Samourai defendants have also accused prosecutors of withholding evidence that FinCEN representatives didn’t believe Samourai was a MSB, and have requested a hearing about a potential Brady violation. Prosecutors argue this was not an official position by FinCEN, and that the evidence was disclosed in a sufficiently timely fashion.</p><p><a href="https://hachyderm.io/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://hachyderm.io/tags/cryptocurrency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cryptocurrency</span></a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpolitics</span></a> <a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpol</span></a></p>
Molly White<p>Also, the trial has begun against SafeMoon CEO John Karony, the thief suspected to have exploited Nomad bridge has been arrested, and Shaq has settled with FTX customers.</p><p><a href="https://hachyderm.io/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://hachyderm.io/tags/cryptocurrency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cryptocurrency</span></a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpolitics</span></a> <a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpol</span></a></p>
Molly White<p>Mango Markets exploiter Avi Eisenberg has been sentenced to four years in prison on a CSAM possession conviction. The judge delayed sentencing the crypto crime, suggesting he may grant a request for a retrial, but also noted the CSAM conviction will form the majority of his sentence.</p><p><a href="https://hachyderm.io/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://hachyderm.io/tags/cryptocurrency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cryptocurrency</span></a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpolitics</span></a> <a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpol</span></a></p>
Molly White<p>In the courts, Celsius founder Alex Mashinsky has been sentenced to twelve years in prison for the Celsius fraud, which resulted in customers losing over half a billion dollars.</p><p><a href="https://hachyderm.io/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://hachyderm.io/tags/cryptocurrency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cryptocurrency</span></a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpolitics</span></a> <a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpol</span></a></p>
Molly White<p>Crypto lending is making a comeback with the SEC standing down. The Nexo platform exited the US after paying $45 million in fines to regulators; now they’ve announced they’re coming back at an event they hosted in Bulgaria titled “Trump Business Vision 2025”, which featured Donald Trump Jr.</p><p><a href="https://hachyderm.io/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://hachyderm.io/tags/cryptocurrency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cryptocurrency</span></a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpolitics</span></a> <a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpol</span></a></p>
Molly White<p>The CFTC has dropped its appeal, ending a case against the Kalshi (non-crypto-based) prediction markets platform over its election betting markets. Donald Trump Jr. joined Kalshi as an adviser in January. </p><p><a href="https://hachyderm.io/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://hachyderm.io/tags/cryptocurrency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cryptocurrency</span></a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpolitics</span></a> <a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpol</span></a></p>
Molly White<p>Trump’s grifts are causing problems with crypto legislation. Dem Senators mounted unanimous opposition to the GENIUS Act stablecoin bill after Trump’s $2 billion deal. Some Congresspeople are calling for new legislation to limit officeholders’ crypto involvement.</p><p><a href="https://hachyderm.io/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> <a href="https://hachyderm.io/tags/cryptocurrency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>cryptocurrency</span></a> <a href="https://hachyderm.io/tags/USpolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpolitics</span></a> <a href="https://hachyderm.io/tags/USpol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>USpol</span></a></p>