Nope: Did Newsweek really find Bitcoin inventor Satoshi Nakamoto?
A long time ago, Newsweek appears to have incorrectly targeted an unemployed 64 year old in SoCal as being Satoshi Nakamoto. Some updates.
Crime: Astounding allegations of fraud surrounding FTX crypto exchange
The FTX crypto exchange is alleged to have involved billions of dollars in fraudulent spending of customer's investment money on self dealing by executives.
Crypto: Essentially all NFTs are now worthless
NFTs were always a ridiculous idea. Now almost all NFTs are worthless.
Crypto: WorldCoin pays poor people about US$60 to scan their eyes
WorldCoin is a crypto currency linked to a eye scan. To get people to have their eye’s scanned, they’ve been going through Africa and paying poor people a few dollars…
Crypto: Sam Altman wants iris scans of everyone in the world
An Orb, a Token and Money for Everyone: Worldcoin’s CEO on Crypto’s Most Daring Project (coindesk.com) He wants iris scans of everyone in the world to create a digital identification…
Why it is a good idea to ignore expert predictions
Adjacent headlines on CNBC this morning
Crypto, Finance: Bankman-Fried and most everyone connected to him may have been scammers, say some
But critics say Sam Bankman-Fried’s collapse shows that the movement was always morally compromised — “a con,” as author Anand Giridharadas put it — because it didn’t seem to care…
Crypto, Crime: FTX and “Effective Altruism”
Instead, MacAskill is the thinker perhaps most associated with the moral philosophy known as “effective altruism,” which was profoundly influential on Bankman-Fried, Alameda CEO Caroline Ellison and others in their…
Crypto: Just over half of Bitcoin addresses now at a loss
Just over 51%, or 24.6 million addresses of the total 47.9 million, are below purchase price on their investments, according to data provided by blockchain analytics firm IntoTheBlock. About 45%…
Finance: How did the grand cryptocurrency con happen? “Hero worship”
And while SBF’s FTX takes the cake for crypto’s biggest con in dollar terms, it’s noteworthy how many other conmen crypto has produced: Mt. Gox’s Mark Karpeles, QuadrigaX’s Gerald Cotton,…