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Post #10261
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Post #10260
4.69K
Post #10259
4.87K
🤯 Netflix Sets Premiere for FTX Drama
Netflix announced the premiere date for the series The Altruists, which depicts the collapse of FTX on November 19. The story centers on Sam Bankman-Fried and Caroline Ellison, two idealists accused of embezzling $8 billion. FTX went bankrupt in November 2022, and Bankman-Fried was arrested the following December.
Julia Garner and Anthony Boyle star as Ellison and Bankman-Fried. The eight-episode series is partly based on articles from New York Magazine.
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Netflix announced the premiere date for the series The Altruists, which depicts the collapse of FTX on November 19. The story centers on Sam Bankman-Fried and Caroline Ellison, two idealists accused of embezzling $8 billion. FTX went bankrupt in November 2022, and Bankman-Fried was arrested the following December.
Julia Garner and Anthony Boyle star as Ellison and Bankman-Fried. The eight-episode series is partly based on articles from New York Magazine.
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- ❤ 13
- 👎 4
- 🤣 4
Post #10258
4.46K
Post #10257
4.18K
Post #10256
4.75K
😆 Trump Sued Over Paid Early Access to Posts
Trump Media launched Truth API, offering traders and hedge funds ultra-fast access to posts from ten key Truth Social accounts, including Trump, for about $1.2 million per year.
The Intercept and Freedom of the Press Foundation, backed by CREW, sued Trump over selling early access to his official statements. They argue this gives paying clients earlier access to government info than journalists and the public, violating the First and Fifth Amendments.
For $1.2 million annually, clients get Trump's posts milliseconds before others, a potential edge for algorithmic trading.
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Trump Media launched Truth API, offering traders and hedge funds ultra-fast access to posts from ten key Truth Social accounts, including Trump, for about $1.2 million per year.
The Intercept and Freedom of the Press Foundation, backed by CREW, sued Trump over selling early access to his official statements. They argue this gives paying clients earlier access to government info than journalists and the public, violating the First and Fifth Amendments.
For $1.2 million annually, clients get Trump's posts milliseconds before others, a potential edge for algorithmic trading.
✅ Follow @cryp
- 🤣 17
- ❤ 3
- 🔥 3
- 👎 2
Post #10255
4K
Post #10254
4.11K
Post #10252
4.63K
Post #10251
4.46K
👩🍳 Hyperliquid Seeks US Market Entry for Perpetuals
Hyperliquid currently blocks US users due to regulatory risks. Its Policy Center is negotiating with the CFTC to establish a workable framework for on-chain decentralized perpetual futures.
In May, the CFTC approved the first regulated perpetual futures in the US, such as those on Kalshi, and eased routing through foreign platforms. However, direct access to Hyperliquid remains closed for US residents. HYPE rose 2% briefly.
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Hyperliquid currently blocks US users due to regulatory risks. Its Policy Center is negotiating with the CFTC to establish a workable framework for on-chain decentralized perpetual futures.
In May, the CFTC approved the first regulated perpetual futures in the US, such as those on Kalshi, and eased routing through foreign platforms. However, direct access to Hyperliquid remains closed for US residents. HYPE rose 2% briefly.
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- 🔥 14
- ❤ 6
Post #10250
4.18K
💰 Bitcoin Miner Revenue Hits 10-Year Low
Bitcoin miners' revenue from network transactions has fallen to 0.69% of total earnings, a decade low. Mining one bitcoin costs $78,254 while the price is around $64,100, making mining unprofitable without a price rise.
The network's computing power dropped 33% since October last year, from 1.3 ZH/s to 898 EH/s. Many firms now shift their supercomputers to AI tasks.
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Bitcoin miners' revenue from network transactions has fallen to 0.69% of total earnings, a decade low. Mining one bitcoin costs $78,254 while the price is around $64,100, making mining unprofitable without a price rise.
The network's computing power dropped 33% since October last year, from 1.3 ZH/s to 898 EH/s. Many firms now shift their supercomputers to AI tasks.
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- 🤯 5
- 🔥 4
- ❤ 3
Post #10249
4.38K
Post #10248
4.49K
Post #10247
4.68K
Post #10246
5.47K
🤝 US-Japan Plan to Strengthen Yen Could Boost Bitcoin
Arthur Hayes outlines a US-Japan strategy to strengthen the yen, now undervalued and frustrating the US, China, and Japan. Raising rates by the Bank of Japan risks crashing Japanese bonds. Forcing Japan to sell US assets would destabilize Treasuries.
Japan’s Ministry of Finance pledges US Treasuries to the Federal Reserve via FIMA, using the dollars to buy yen—creating fresh Fed money. This requires lifting the $60 billion FIMA cap and letting GPIF join.
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Arthur Hayes outlines a US-Japan strategy to strengthen the yen, now undervalued and frustrating the US, China, and Japan. Raising rates by the Bank of Japan risks crashing Japanese bonds. Forcing Japan to sell US assets would destabilize Treasuries.
Japan’s Ministry of Finance pledges US Treasuries to the Federal Reserve via FIMA, using the dollars to buy yen—creating fresh Fed money. This requires lifting the $60 billion FIMA cap and letting GPIF join.
✅ Follow @cryp
- ❤ 8
- 🔥 2
Post #10245
3.82K
😊 Strategy to Resume Bitcoin Buying This Year
Strategy plans to return to active Bitcoin purchases within this year. After a seven-week pause, the company is temporarily increasing its dollar reserves, which have reached $4.75 billion. Since the start of this year, Strategy has bought 175,000 BTC and sold about 7,000 BTC.
The CEO noted the current bear cycle has lasted around eight months, consistent with historical patterns for BTC. He emphasized Strategy faces no financial issues, holding roughly $55 billion in Bitcoin and enough funds to cover dividends for about 2.7 years.
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Strategy plans to return to active Bitcoin purchases within this year. After a seven-week pause, the company is temporarily increasing its dollar reserves, which have reached $4.75 billion. Since the start of this year, Strategy has bought 175,000 BTC and sold about 7,000 BTC.
The CEO noted the current bear cycle has lasted around eight months, consistent with historical patterns for BTC. He emphasized Strategy faces no financial issues, holding roughly $55 billion in Bitcoin and enough funds to cover dividends for about 2.7 years.
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- ❤ 16
- 👍 2
- 🔥 1
Post #10244
3.84K
Post #10243
4.13K
😏 Vitalik Updates Ethereum Roadmap Priorities
Vitalik revised the Ethereum roadmap, raising quantum security priority while downgrading VDFs and most EVM improvements.
Verkle trees are replaced by ZK-friendly PBT. Privacy is now a core goal with privacy pools, wormholes, and keyed nonces. New features include zkzk-frames and leanSPHINCS for post-quantum scaling.
The spec is streamlined for formal verification with AI. The focus is on specialized scalable mechanisms, favoring STARKs and AI over rushing upgrades.
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Vitalik revised the Ethereum roadmap, raising quantum security priority while downgrading VDFs and most EVM improvements.
Verkle trees are replaced by ZK-friendly PBT. Privacy is now a core goal with privacy pools, wormholes, and keyed nonces. New features include zkzk-frames and leanSPHINCS for post-quantum scaling.
The spec is streamlined for formal verification with AI. The focus is on specialized scalable mechanisms, favoring STARKs and AI over rushing upgrades.
✅ Follow @cryp
- ❤ 11
- 👍 2
Post #10242
3.57K
😙 Standard Chartered Raises Chainlink Price Target
Analysts at Standard Chartered raised their price forecast for Chainlink (LINK) to $200 by the end of the decade. They see growth potential about 25 times its current level near $8.
The forecast is based on Chainlink's role as a key infrastructure provider for tokenized assets. Jeff Kendrick, head of digital asset research at Standard Chartered, called it the "only end-to-end platform" covering the full lifecycle of tokenized assets in DeFi and traditional finance.
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Analysts at Standard Chartered raised their price forecast for Chainlink (LINK) to $200 by the end of the decade. They see growth potential about 25 times its current level near $8.
The forecast is based on Chainlink's role as a key infrastructure provider for tokenized assets. Jeff Kendrick, head of digital asset research at Standard Chartered, called it the "only end-to-end platform" covering the full lifecycle of tokenized assets in DeFi and traditional finance.
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- ❤ 11
- 🤔 2
- 🤣 2
- 🔥 1
Post #10241
3.96K
🇮🇷 Iran Rejects Talks with Trump Until End of Term
Iran has refused negotiations with Trump until the end of his term. An advisor to the Iranian parliament speaker confirmed no agreement will be made.
Tehran demands $300 billion compensation for opening the Strait of Hormuz, asset unfreezing, and US troop withdrawal. Iran and Oman are coordinating a new shipping route. Trump demands compensation from Iran for American casualties and protesters.
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Iran has refused negotiations with Trump until the end of his term. An advisor to the Iranian parliament speaker confirmed no agreement will be made.
Tehran demands $300 billion compensation for opening the Strait of Hormuz, asset unfreezing, and US troop withdrawal. Iran and Oman are coordinating a new shipping route. Trump demands compensation from Iran for American casualties and protesters.
✅ Follow @cryp
- 🤣 16
- ❤ 10
- 💯 7
- 👎 2
- 👍 1