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A Bitcoin Blunder for the Ages: $40 Billion Accidentally Given Away
An anonymous reader shares a report: The hundreds of prize payouts were mostly just a few bucks each, part of a promotional campaign by a South Korean cryptocurrency exchange. The total reward pot: 620,000 Korean won, or about $425. Then came a colossal mistake. A staffer for Bithumb, South Korea’s No. 2 crypto exchange, didn’t distribute 620,000 … ⌘ Read more

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AI.com Sells for $70 Million, the Highest Price Ever Disclosed for a Domain Name
Kris Marszalek, the co-founder and CEO of cryptocurrency exchange Crypto.com, has paid $70 million for the domain AI.com – the highest price ever publicly disclosed for a website name, according to the deal’s broker Larry Fischer of GetYourDomain.com.

The entire sum was paid in cryptocurrency to an undisclosed seller … ⌘ Read more

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Why This Is the Worst Crypto Winter Ever
Bitcoin has fallen roughly 44% from its October peak, and while the drawdown isn’t crypto’s deepest ever on a percentage basis, Bloomberg’s Odd Lots newsletter lays out a case that this is the industry’s worst winter yet. The macro backdrop was supposed to favor Bitcoin: public confidence in the dollar is shaky, the Trump administration has been crypto-friendly, and fiat currencies are under perceiv … ⌘ Read more

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Crypto News Outlet Cointelegraph Loses 80% of Traffic After Google Penalty For Parasitic Blackhat SEO Deal
Cointelegraph, once one of the most-visited cryptocurrency news sites, has seen its monthly traffic plummet from roughly 8 million visits to 1.4 million – an 80% drop in three months – after Google issued a manual penalty in October 2025 for the outlet’s partnersh … ⌘ Read more

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53% of Crypto Tokens Launched Since 2021 Have Failed, Most in 2025
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”More than half of all cryptocurrencies ever launched are now defunct,” reports CoinDesk, citing a new analysis by cryptocurrency data aggregator CoinGecko.

And most of those failures occurred in 2025:

The study looked at token listings on GeckoTerminal between mid-2021 and the end of 2025. Of the nearly 20.2 million tokens that entered … ⌘ Read more

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Fintech Firm Betterment Confirms Data Breach After Hackers Send Fake $10,000 Crypto Scam Messages
An anonymous reader quotes a report from The Verge: Betterment, a financial app, sent a sketchy-looking notification on Friday asking users to send $10,000 to Bitcoin and Ethereum crypto wallets and promising to “triple your crypto,” according to a thread on Reddit. The Betterment acco … ⌘ Read more

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Iran Offers To Sell Advanced Weapons Systems For Crypto
Iran is offering to sell advanced weapons systems including ballistic missiles, drones and warships to foreign governments for cryptocurrency, in a bid to use digital assets to bypass western financial controls. From a report: Iran’s Ministry of Defence Export Center, known as Mindex, says it is prepared to negotiate military contracts that allow payment in digita … ⌘ Read more

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Trump’s Social Media Business Is Merging With a Nuclear Fusion Company
Tony Isaac shares a report from CNN: President Donald Trump’s social media and crypto company is making a huge bet on a far different industry – nuclear fusion, a potentially lucrative albeit commercially unproven energy technology that could help power a suddenly electricity-starved economy. Trump Media and Technology Group Thursday … ⌘ Read more

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China, Iran Are Having a Field Day With React2Shell, Google Warns
A critical React vulnerability (CVE-2025-55182) is being actively exploited at scale by Chinese, Iranian, North Korean, and criminal groups to gain remote code execution, deploy backdoors, and mine crypto. The Register reports: React maintainers disclosed the critical bug on December 3, and exploitation began almost immediately. According to Amazon … ⌘ Read more

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JPMorgan Steps Further Into Crypto With Tokenized Money Fund
An anonymous reader quotes a report from the Wall Street Journal: JPMorgan Chase is joining the list of traditional financial firms seeking to bring blockchain technology to an investing staple: the money-market fund. The banking giant’s $4 trillion asset-management arm is rolling out its first tokenized money-market fund on the Ethereum blockchain. JPMo … ⌘ Read more

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Hollywood Director Found Guilty of Blowing $11 Million Netflix Budget on Crypto and Ferraris
Carl Rinsch, the director behind the 2013 Keanu Reeves film “47 Ronin,” has been found guilty of defrauding Netflix out of $11 million that was meant to fund a science fiction series called “Conquest,” which the streaming company ultimately cancelled in 2021 after Rinsch failed to meet any pro … ⌘ Read more

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TerraUSD Creator Do Kwon Sentenced To 15 Years Over $40 Billion Crypto Collapse
An anonymous reader quotes a report from Reuters: Do Kwon, the South Korean cryptocurrency entrepreneur behind two digital currencies that lost an estimated $40 billion in 2022, was sentenced in New York federal court on Thursday to 15 years in prison for fraud and conspiracy. Kwon, 34, who co-founded Singapore-based T … ⌘ Read more

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Trump Signs Executive Order For Single National AI Regulation Framework, Limiting Power of States
President Trump signed an executive order establishing a single federal AI regulatory framework that preempts state-level rules, aiming to centralize oversight of the rapidly growing AI industry. “The Trump administration, with the aid of AI and crypto czar David Sacks, has been purs … ⌘ Read more

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AES-GCM Optimizations Land In Linux 6.19 - Benefiting AMD Zen 3, AVX-512 CPUs Too
Google engineer Eric Biggers who is known for his many Linux crypto subsystem performance optimizations has seen his latest pull requests land in Linux 6.19. Notable among them are some AES-GCM optimizations benefiting AMD Zen 3 processors and separately AVX-512 processors also benefit too from this latest round of optimization work… ⌘ Read more

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UK Plans To Ban Cryptocurrency Political Donations
The UK government plans to ban political donations made in cryptocurrency over fears of anonymity, foreign influence, and traceability issues, though the ban won’t be ready in time for the upcoming elections bill. The Guardian reports: The government’s ambition to ban crypto donations will be a blow to Nigel Farage’s Reform UK party, which became the first to accept contribu … ⌘ Read more

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Bitcoin slinks to shadows as crypto bros turn to new kid on the blockchain
It remains a useful tool for some nefarious operators, including global crime gangs and questionable governments, but Bitcoin’s role has been usurped by stablecoins — one in particular. ⌘ Read more

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Gamers can earn cryptocurrency tokens but experts warn of risks
As the crypto sector expands its appeal beyond tech insiders, the gamification of cryptocurrencies is appealing to younger users, which experts warn is walking the line between gaming and gambling. ⌘ Read more

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SEC Must Not Let Crypto Companies ‘Bypass’ Rules, Stock Exchanges Say
The Securities and Exchange Commission’s possible plan to grant crypto companies relief from regulation to sell “tokenised” stocks risks harming investors, a group of stock exchanges said in a letter to the U.S. regulator this week. From a report: Several crypto companies plan to sell crypto tokens linked to listed equities to retail investors … ⌘ Read more

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Texas Buys $5 Million In BTC ETF As States Edge Toward First Government Crypto Reserves
Texas has purchased $5 million worth of BlackRock’s bitcoin ETF as an initial step toward creating the first state-level bitcoin reserve in the U.S.
“[O]ther states having previously invested in such funds with public-employee retirement money,” notes CoinDesk. “Michigan has been building such an inve … ⌘ Read more

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Harvard Has Almost Half a Billion Dollars in Crypto
An anonymous reader shares a report: Harvard is ramping up its holdings in cryptocurrency. The nation’s oldest university reported a $443 million investment in BlackRock’s iShares Bitcoin Trust in the third quarter. The school now holds 6.8 million shares of the exchange-traded fund, up from 1.9 million in the second quarter.

The digital currency amounts to a little less than … ⌘ Read more

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Bitcoin Erases Year’s Gain as Crypto Bear Market Deepens
655”Just a little more than a month after reaching an all-time high, Bitcoin has erased the more than 30% gain registered since the start of the year…” reports Bloomberg:

The dominant cryptocurrency fell below US$93,714 on Sunday, pushing the price beneath the closing level reached at the end of last year, when financial markets were rallying following Presiden … ⌘ Read more

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Some Americans Are Trying to Heat Their Homes With Bitcoin Mining
An anonymous reader shared this report from CNBC:

[T]he computing power of crypto mining generates a lot of
heat, most which just ends up vented into the air. According to
digital assets brokerage, K33, the bitcoin mining industry generates about 100 TWh of heat annually — enough to heat all of
Finland.This energy waste within a very energy- … ⌘ Read more

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Retail Traders Left Exposed in High-Stakes Crypto Treasury Deals
An anonymous reader shares a report: Executives are turning to a novel structure to fund crypto accumulation vehicles as investor appetite thins. They’re called in-kind contributions, and they now account for a growing share of digital-asset treasury, or DAT, deals. Instead of raising cash to buy tokens in the open market, DAT sponsors contribute … ⌘ Read more

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POLYVAL Work Bringing More Performance Gains To Linux Crypto Subsystem
Whenever seeing Linux kernel mailing list patches from Google engineer Eric Biggers it tends to be about performance optimizations to the Linux kernel’s cryptography subsystem. That was once again the case on Sunday with the newest patch series providing some nice gains… ⌘ Read more

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Trump AI Czar Says ‘No Federal Bailout For AI’ After OpenAI CFO’s Comments
Venture capitalist David Sacks, who is serving as President Donald Trump’s AI and crypto czar, said Thursday that there will be “no federal bailout for AI.” From a report: “The U.S. has at least 5 major frontier model companies. If one fails, others will take its place,” Sacks wrote in a post on X. Sacks’ comments came after Open … ⌘ Read more

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In-reply-to » A good blog post that makes some good points: Can I ethically use LLMs?

@eldersnake@we.loveprivacy.club This was an interesting read for sure! 👍 I don’t think it had anything I hadn’t already considered in terms of the ethical/moral points of view. I’m not sure where I stand myself either to be honest. I’ve forced myself to get familiar with the ecosystem and tooling, because in my line of work as a tech lead (staff engineer in sre) you don’t want to be that one guy that ya know 😉 Ethically/Morally though, I’m definitely with the sentiment of this post 😅 Much like the whole Crypto hype yaers back (if y’all remember?!) this is also one of the most energy hungry pieces of “tech” (if you can call it that?) in a while. Then there’s these other issues “stealing people’s work”, “reliance is causing humans to become cognitively weak and neural connections to shrink”, to name a few…

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I need to migrate away from Telegram
I will migrate away from Telegram. Enough is enough. After more and more features are behind the Telegram Premium paywall (which I understand to a degree) and the increasing integration of stars (a crypto scheme? — I have less understanding for that), now also Grok from xAI by right-wing extremist Elon Musk will be integrated. ⌘ Read more

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[ANN] CypherGoat launch - crypto exchange aggregator + giveaway

It is a crypto swap aggregator it automatically finds the best exchange rates from our partnered exchanges at no extra cost. You can then perform the swap on that exchange, without ever leaving our website! We currently support 12+ exchanges.

Links:

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Monero Dev Activity Report - Week 10 2025: 10 PRs, 0 Issues
This weekly report aims to provide a big picture view of Monero development activity, increase community support for existing devs and, hopefully, encourage new contributions.

1 - PRs (10, 6:4:0)

Opened (6)

monero-project/monero:

  • #98261 crypto: add function sc_1() (jeffro256)
  • #98272 crypto: add FCMP++ generators T, U, & V (jeffro256)
  • #98283 crypto: add Ed25519->X25519 conversion functions ( … ⌘ Read more

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Cake Wallet v4.23.3 pre-release available for testing
Cake Labs1 has released Cake Wallet beta version 4.23.32 for public beta testing:

This release brings a few minor bug fixes, migrates Quantex -> SwapTrade and re-enables them by default for swaps, and adds a new exchange called Kryptonim for buying and selling crypto in many jurisdictions.

Changes overview


Token whitelisting to better protect against scams
SwapTrade exchange enabled by default
UI enhancement ... ⌘ [Read more](https://monero.observer/cake-wallet-v4.23.3-pre-release-available-testing/)

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Walletverse submits CCS proposal to integrate Monero into their ‘community-driven crypto wallet’
The Walletverse 1 team has submitted a CCS proposal2 looking to integrate Monero into their community-driven crypto wallet 3:

This integration will enhance the privacy and functionality of the Walletverse wallet and contribute to the wider adoption of Monero by making it more accessible.

Total funding: 135 XMR.

ETA: 3+ months.

Milestones

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[ANN] MT #341: Is Monero keeping Bitcoin’s Cypherpunk dream alive? With Boaz Sobrado

In this episode Douglas Tuman interviews Boaz, a Forbes contributor who published a notable article about Monero last month. The discussion explores his background in crypto, starting from his experiences using Bitcoin for business operations in Cuba, to his current role as a writer for various crypto publications.

Links:

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[WTS] Collection clean out! 90% silver, gold panda, silver bullion, world coins, commemoratives, errors, toning, graded silver, red seal banknote, copper, state quarter album.

Bitcoin and Monero receive a 3% discount. Preference will be given to anyone willing to take large lots or use crypto. Take everything in the listing, and we’ll work out a good bulk discount! Feel free to send an offer on anything! I’m flexible on most pricing when it comes to selling in a lot (or for Bitcoin). Free shipping on purchases over $75.

Link: [ht … ⌘ Read more

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[ANN] MiCAR and the Monero Ecosystem

The European Union’s Market in Crypto-assets Regulation (MiCAR) comes into full effect on December 30th 2024. All ‘new’ obliged entities (crypto-asset service providers, token issuers, custodial wallet providers, stablecoin operators, etc) must be fully compliant on or before this date. Already existing crypto-asset service providers have until 1st July 2026 to demonstrate compliance and obtain their operating licence through their national competent authority, or cease operating/trading.

Links … ⌘ Read more

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Dadybayo submits CCS proposal to integrate Monero into ‘Unstoppable Wallet’
Dadybayo1 has submitted a CCS proposal2 looking to integrate Monero into Unstoppable Wallet 3, a non-custodial crypto mobile wallet:

The funding will enable us to allocate the necessary resources for research & development, testing, and deployment of Monero support on the Unstoppable wallet. [..] We do not plan to stop here and will continue working towards integrating various … ⌘ Read more

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