Since the GENIUS Act's passage in July, the total value of stablecoins circulating rose from ~$250B to $300B+, as they become the “respectable” face of crypto
Joel Khalili / Wired :
Q&A with Binance CEO Richard Teng on Changpeng Zhao being the exchange's biggest shareholder, cleaning up Binance, external oversight, finding an HQ, and more
Joel Khalili / Wired :
A look at Pump.Fun, a service for launching memecoins that has generated $350M+ in revenue via a 1% trading fee in the 12 months since its launch in Jan. 2024
Joel Khalili / Wired :
A US teen faces backlash for making ~$50K via a “soft rug pull” on Pump.Fun, which made $250M+ in less than a year and is struggling to protect users from scams
He didn't believe it at first. But when angry messages started to flood in, he realised his son was telling the truth—if not quite the full story. — www.wired.com/story/memeco... Natasha Bernal / @...
Q&A with Houseparty co-founder Ben Rubin on his new group messaging platform Towns, using the River Protocol, moderation, raising a $25M Series A, and more
Joel Khalili / Wired :
A look at a16z's Crypto Startup Accelerator, a Y Combinator-style program that provides $500K in funding and 10 weeks of coaching, most recently in London
complete with all the incomprehensible lingo, awkward convos, and bullishness you'd expect. But maybe, just maybe, there might be some good ideas there too. https://www.wired.com/... LinkedIn: Joel Kh...
US DOJ and state AGs sue to break up Ticketmaster parent Live Nation over alleged antitrust violations, following a DOJ probe and Taylor Swift fan complaints
Here's a Detailed Look at the 124-Page Filing Alexander Mallin / ABC News : Justice Department and 30 states seek breakup of Live Nation-Ticketmaster through major antitrust suit Business Insider : Th...
Q&A with Ethereum co-founder and Consensys CEO Joe Lubin on Consensys' lawsuit against the SEC, implications of the SEC classifying ETH as a security, and more
Joel Khalili / Wired :
A US judge sentences Sam Bankman-Fried to 25 years in prison for stealing from users of his now-bankrupt FTX crypto exchange and orders him to forfeit $11B+
Past 6 pm on December 29 … Matthew Russell Lee / Matthew Russell Lee's Newsletter : Aftermath: SBF Sentenced to 25 Years in Prison After Coin Flip and Presidential Aspirations Cited by Judge - Ellison...
In his new book, a16z VC Chris Dixon argues blockchain is a morally neutral tech that regulators must differentiate from the crypto industry's casino culture
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