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VOICE ARCHIVE

Jack Niewold

@jackniewold
17 posts
2024-07-19
Ryan Selkis hoping that ‘we’ send a legal immigrant and greencard holder home is absolutely despicable behavior. The industry needs to call him out. Period. His behavior is erratic and no matter what your opinion is on Trump, Ryan Selkis has proven himself to be little more than
2024-07-19 View on X
CoinDesk

Messari CEO Ryan Selkis says he ran “too hot” with X posts this week calling for war and sending immigrants back, after Messari leadership told him to cool it

Nick Baker / CoinDesk :

2022-12-13
Binance holdings as of today; still $63b in value and plenty of stables/BTC/ETH FTX was a ponzi built on illiquid investments that held no customer deposits. Once one asset was illiquid they all were. Binance has always looked to operate above-the-board, I'm optimistic for now https://twitter.com/...
2022-12-13 View on X
The Block

Changpeng Zhao seeks to reassure Binance users on USDC outflows, saying they can “withdraw any other stablecoin”; Nansen shows $1.6B in ETH outflows in 24 hours

- Binance CEO Changpeng Zhao has addressed major USD Coin outflows.  — Some $1.6 billion has been withdrawn …

2022-11-20
Occam's Razor says that Sam has worked out a deal with the Bahamanian gov't for immunity, and that's why he's running his mouth. FTX at peak valuation was bigger than the yearly GDP of the Bahamas, and the $400m he's handed over is equivalent to their entire yearly tax revenue.
2022-11-20 View on X
Wall Street Journal

A look at the dispute between FTX's new management and Bahamian regulators over who should control the company's assets, and how the fight may affect customers

Liquidators in the Bahamas are embroiled in a dispute with FTX over who has control over crypto assets held in the country

2022-08-09
Chinese crypto miner Chandler Guo was the first to talk about the idea of a PoW fork, and with good reason. As a miner, he'll have to shut down his ETH mining operation. He'd love for the continued existence of an Ethereum PoW network. https://twitter.com/...
2022-08-09 View on X
Bloomberg

A look at potential Ethereum forks, led by some miners, who face grim prospects after the Merge to a proof-of-stake model that's expected as early as September

what they don't seem to realize is that so far there is no plan to change the chain ID for replay protection (EIP-155). That means anything you do on one chain can be replayed by a...

IS A CIVIL WAR COMING TO CRYPTO? Ethereum's merge is coming, and with it comes the risk of a blockchain fork that could split the network in two. So, what are the odds of a viable Ethereum fork? How could it happen? And what does it mean for crypto investors? Read on:
2022-08-09 View on X
Bloomberg

A look at potential Ethereum forks, led by some miners, who face grim prospects after the Merge to a proof-of-stake model that's expected as early as September

what they don't seem to realize is that so far there is no plan to change the chain ID for replay protection (EIP-155). That means anything you do on one chain can be replayed by a...

(TL;DR, probably not, but it's possible) First, we've got to get caught up on the merge. The merge is Ethereum's transition from it's current consensus algorithm (Proof-of-Work/PoW) to a new, more scalable system called proof-of-stake/PoS. It has a ton of benefits: https://twitter.com/...
2022-08-09 View on X
Bloomberg

A look at potential Ethereum forks, led by some miners, who face grim prospects after the Merge to a proof-of-stake model that's expected as early as September

what they don't seem to realize is that so far there is no plan to change the chain ID for replay protection (EIP-155). That means anything you do on one chain can be replayed by a...

2022-08-08
Chinese crypto miner Chandler Guo was the first to talk about the idea of a PoW fork, and with good reason. As a miner, he'll have to shut down his ETH mining operation. He'd love for the continued existence of an Ethereum PoW network. https://twitter.com/...
2022-08-08 View on X
Bloomberg

A look at potential Ethereum forks, led by some miners, after the shift to a proof-of-stake model, called the Merge, expected as early as September

A monkey wrench is about to be thrown into the already complicated transition that the Ethereum blockchain is slated to go through soon.

IS A CIVIL WAR COMING TO CRYPTO? Ethereum's merge is coming, and with it comes the risk of a blockchain fork that could split the network in two. So, what are the odds of a viable Ethereum fork? How could it happen? And what does it mean for crypto investors? Read on:
2022-08-08 View on X
Bloomberg

A look at potential Ethereum forks, led by some miners, after the shift to a proof-of-stake model, called the Merge, expected as early as September

A monkey wrench is about to be thrown into the already complicated transition that the Ethereum blockchain is slated to go through soon.

(TL;DR, probably not, but it's possible) First, we've got to get caught up on the merge. The merge is Ethereum's transition from it's current consensus algorithm (Proof-of-Work/PoW) to a new, more scalable system called proof-of-stake/PoS. It has a ton of benefits: https://twitter.com/...
2022-08-08 View on X
Bloomberg

A look at potential Ethereum forks, led by some miners, after the shift to a proof-of-stake model, called the Merge, expected as early as September

A monkey wrench is about to be thrown into the already complicated transition that the Ethereum blockchain is slated to go through soon.

2022-06-14
THE CELSIUS BLOWUP, EXPLAINED. Huge sectors of crypto are imploding, and crypto unicorns might be coming down with it. Luna was first, but now $10b giant Celsius is facing insolvency and even bankruptcy. Let's dive in:
2022-06-14 View on X
CoinDesk

Binance paused bitcoin withdrawals for a few hours on Monday “due to a stuck transaction causing a backlog”; the company says BTC withdrawals have since resumed

CEO Changpeng Zhao attributed the issue to a “stuck transaction,” and promised a quick fix. Source: @cz_binance , @binance , and @cz_binance .

THE CELSIUS BLOWUP, EXPLAINED. Huge sectors of crypto are imploding, and crypto unicorns might be coming down with it. Luna was first, but now $10b giant Celsius is facing insolvency and even bankruptcy. Let's dive in:
2022-06-14 View on X
Bloomberg

Major cryptocurrencies crash as the crypto market cap falls below $1T: bitcoin drops 15%+ to ~$22K, ether drops 16%+ to ~$1.2K, and Solana drops 7%+ to ~$28

(Any views expressed below are the personal views of the author … Mitchell Clark / The Verge : BlockFi and Crypto.com lay off hundreds of staff as coins slump Dylan LeClair / Bitco...

2022-02-09
What do: • $4 billion in missing $BTC • Female rapper RAZZLEKHAN • Forbes magazine • the US Department of Justice Have in common? A thread on the 2016 Bitfinex hack, its resolution, and the implications. The strangest crypto story of the year (so far, at least): 🧵👇
2022-02-09 View on X
Washington Post

The US DOJ arrests two people in New York and seizes ~$3.6B worth of bitcoin allegedly stolen in a 2016 Bitfinex hack, its “largest financial seizure ever”

The Justice Department announced Tuesday it had seized more than $3.6 billion in bitcoin allegedly stolen as part …

But here's where the story gets weirder. While they were $BTC billionaires on paper, the couple had laundered the money via, among other things, purchasing $500 gift cards from Walmart, Uber, https://hotels.com/, and Playstation. They couldn't even access most of the money https://twitter.com/...
2022-02-09 View on X
Washington Post

The US DOJ arrests two people in New York and seizes ~$3.6B worth of bitcoin allegedly stolen in a 2016 Bitfinex hack, its “largest financial seizure ever”

The Justice Department announced Tuesday it had seized more than $3.6 billion in bitcoin allegedly stolen as part …

On January 31st, on-chain observers began to see strange activity around the wallets holding the funds from the hack. It seemed strange to many observers as the funds were consolidating without any privacy-seeking behavior (mixing, use of Monero, Tornado Cash). https://twitter.com/...
2022-02-09 View on X
Washington Post

The US DOJ arrests two people in New York and seizes ~$3.6B worth of bitcoin allegedly stolen in a 2016 Bitfinex hack, its “largest financial seizure ever”

The Justice Department announced Tuesday it had seized more than $3.6 billion in bitcoin allegedly stolen as part …

This has big implications for both LEO and BTC, as it represents a huge block of BTC that will come on the market. With selling methods like TWAP as well as OTC deals, it's likely that it doesn't affect the $BTC market too much, but $4 billion is a decent chunk. https://twitter.com/...
2022-02-09 View on X
Washington Post

The US DOJ arrests two people in New York and seizes ~$3.6B worth of bitcoin allegedly stolen in a 2016 Bitfinex hack, its “largest financial seizure ever”

The Justice Department announced Tuesday it had seized more than $3.6 billion in bitcoin allegedly stolen as part …

Today, the DOJ announced that the hacked $BTC, now worth $3.6 billion had been recovered. No one had ever really lost track of the $BTC even as those controlling the wallets had tried to hide their trail using now-defunct AlphaBay, Monero, and gift cards. https://twitter.com/...
2022-02-09 View on X
Washington Post

The US DOJ arrests two people in New York and seizes ~$3.6B worth of bitcoin allegedly stolen in a 2016 Bitfinex hack, its “largest financial seizure ever”

The Justice Department announced Tuesday it had seized more than $3.6 billion in bitcoin allegedly stolen as part …

Although they knew where the funds were, they didn't yet know who was behind the hack or how to recover them. Tracing exchange accounts to India-based emails, they linked the $BTC to the business and personal accounts of two people: Ilya Lichtenstein and his wife Heather Morgan. https://twitter.com/...
2022-02-09 View on X
Washington Post

The US DOJ arrests two people in New York and seizes ~$3.6B worth of bitcoin allegedly stolen in a 2016 Bitfinex hack, its “largest financial seizure ever”

The Justice Department announced Tuesday it had seized more than $3.6 billion in bitcoin allegedly stolen as part …