Hacker News with Generative AI: Cryptocurrencies

Director Charged with Fraud After Blowing $4M Netflix's Cash on Dogecoin (gizmodo.com)
During the heady early days of the Streaming Wars, Netflix spent more than $55 million on a sci-fi show created by the guy who directed the forgotten Keanu Reeves box office bomb 47 Ronin. According to a federal indictment, the director stole $11 million from the streaming giant and spent it on Dogecoin and Rolls Royces.

Fraud, Cryptocurrencies, Entertainment, Finance, Law

7 points by LinuxBender 13 days ago | 1 comments

2600 Magazine's Twitter account locked for posting info of DOGE employees (bsky.app)

Social Media, Security, Cryptocurrencies, Censorship

61 points by aestetix 24 days ago | 29 comments

Bitcoin Without a Fight (loeber.substack.com)
Dial the clock back by thirteen years. It’s the spring of 2012. Bitcoin is trading at five dollars a coin. You ask me “what would the world look like at $100,000 a coin?” When Bitcoin is 20,000 times more valuable? It’s unimaginable. Maybe the financial systems of some small countries have failed, and been taken over completely by Bitcoin. Surely it has become a popular currency.

Bitcoin, Cryptocurrencies, Finance, Speculation, Predictions

13 points by n0rlant1s 24 days ago | 3 comments

DOGE's chaotic effort to release billions of gallons of California's water (cnn.com)

California, Water Management, Cryptocurrencies, Dogecoin

19 points by zfg 26 days ago | 3 comments

Trump DeFi Project Grabbed Crypto Assets Ahead of White House Crypto Summit (gizmodo.com)
Say what you will about the Department of Government Efficiency, but there are some ways that the Trump administration has significantly cut down on bloat. For example, it used to take at least a little digging to identify if a President was favor-trading and self-dealing. Now it seems like it just happens out in the open. So streamlined!

Politics, Cryptocurrencies, Donald Trump

16 points by rntn 27 days ago | 1 comments

Strategic Corruption Reserve (popular.info)
President Trump is hawking a memecoin and collecting most of the revenue from the sale of a separate coin from a company called World Liberty Financial. Meanwhile, Trump is plowing ahead with his plan to create a federal "Crypto Strategic Reserve."

Politics, Cryptocurrencies, Memecoins

20 points by coloneltcb 28 days ago | 2 comments

Third of Remaining US Digital Service Employees Resign Rather Than Support DOGE (military.com)
More than 20 civil service employees resigned Tuesday from billionaire Trump adviser Elon Musk's Department of Government Efficiency, saying they were refusing to use their technical expertise to “dismantle critical public services.”

Politics, Employment, Technology, Cryptocurrencies

13 points by araes 36 days ago | 2 comments

SEAL Advisory on DPRK Threat to Crypto Exchanges (securityalliance.org)
Less than 12 hours ago, DPRK operatives stole over US$1.5 billion in Ethereum from Bybit.

Cybersecurity, North Korea, Cryptocurrencies, Exchanges

38 points by transpute 40 days ago | 12 comments

Elon Musk's Doge Wants to Be Notified About Any Requests for Oversight (bloomberg.com)
The government efficiency group also wants to be notified when there’s any attempt at oversight from Congress, inspectors general, even the Government Accountability Office.

Elon Musk, Government Oversight, Regulation, Cryptocurrencies, Dogecoin

32 points by TheAlchemist 44 days ago | 12 comments

DOGE's Records Could Be Sealed for Up to a Decade If Musk Gets His Way (businessinsider.com)
Elon Musk said that his Department of Government Efficiency would provide "maximum transparency." If DOGE gets its way, it will be nearly a decade before any of Musk's or his staffers' emails will be publicly available.

Elon Musk, Government Transparency, Cryptocurrencies, Lawsuits

18 points by zfg 48 days ago | 8 comments

"Largest data breach in US history": Three more lawsuits try to stop DOGE (arstechnica.com)
The US DOGE Service's access to the private data of ordinary Americans and federal employees is being challenged in several lawsuits filed this week.

Data Breaches, Lawsuits, Privacy, Cryptocurrencies, Dogecoin

17 points by CharlesW 49 days ago | 2 comments

Elon Musk's Doge Wants Access to the Treasury's Payment Systems (rollingstone.com)
Senior Treasury Department official David A. Lebryk is expected to step down from his position as fiscal assistant secretary after more than three decades at the agency. According to The Washington Post, Lebryk’s departure was prompted by a clash with surrogates of billionaire Elon Musk over their attempts to gain access to sensitive department payment systems.

Politics, Finance, Elon Musk, Cryptocurrencies, Government

72 points by belter 61 days ago | 16 comments

N Korea hackers stole $1.3B of crypto this year (bbc.com)
A total of $2.2bn (£1.76bn) in cryptocurrencies has been stolen this year, with North Korean hackers accounting for more than half that figure, according to a new study.

Cybersecurity, North Korea, Cryptocurrencies, Hacking

6 points by andsoitis 104 days ago | 1 comments

How to lose a fortune with one bad click (krebsonsecurity.com)
Adam Griffin is still in disbelief over how quickly he was robbed of nearly $500,000 in cryptocurrencies. A scammer called using a real Google phone number to warn his Gmail account was being hacked, sent email security alerts directly from google.com, and ultimately seized control over the account by convincing him to click “yes” to a Google prompt on his mobile device.

Cybersecurity, Scams, Cryptocurrencies

361 points by todsacerdoti 106 days ago | 368 comments

Trump picks venture capitalist David Sacks as AI and crypto 'czar' (theguardian.com)
Donald Trump announced on Thursday that he was nominating podcaster and former PayPal chief operating officer David Sacks to be his White House artificial intelligence and crypto czar, continuing a pattern of rewarding big donors with political power.

Politics, Artificial Intelligence, Cryptocurrencies, Venture Capital

5 points by pseudolus 118 days ago | 1 comments

Donald Trump Names David Sacks as White House AI and Crypto Czar (bloomberg.com)
Donald Trump says he is selecting venture capitalist David Sacks of Craft Ventures LLC to serve as his artificial intelligence and crypto czar, a newly created position that underscores the president-elect’s intent to boost two rapidly developing industries.

Politics, Artificial Intelligence, Cryptocurrencies, Business

13 points by kjhughes 118 days ago | 3 comments

The US Stablecoin Startup Fueling a $3B Boom in Africa (bloomberg.com)
Cryptocurrencies that track the dollar are becoming a popular workaround for companies stymied by currency shortages on the continent.

Cryptocurrencies, Africa, Finance, Startups, US

4 points by petethomas 133 days ago | 0 comments

Could DOGE cut $2T? The legal and practical reality of government reform (thedispatch.com)
Elon Musk and Vivek Ramaswamy might not cut trillions in spending, but there are thousands of ways to make government better.

Government Reform, Politics, Finance, Cryptocurrencies

25 points by wrineha2 137 days ago | 73 comments

Trump says Elon Musk to lead 'DOGE' office to cut 'wasteful' government spending (theverge.com)
President-elect Donald Trump has appointed Elon Musk and Vivek Ramaswamy to lead what he calls the Department of Government Efficiency — yes, the acronym is DOGE — to “pave the way” for his administration to “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies.”

Politics, Elon Musk, Government Spending, Cryptocurrencies

10 points by thunderbong 141 days ago | 0 comments

HBO Documentary Suggests Bitcoin Creator Satoshi Nakamoto Is Peter Todd (bloomberg.com)
A new HBO documentary about the origins of Bitcoin suggests that Satoshi Nakamoto, the pseudonymous creator of the original cryptocurrency, is likely Canadian software developer Peter Todd.

Bitcoin, Cryptocurrencies, Documentary, Technology, Conspiracy Theories

62 points by pat2man 176 days ago | 147 comments

Bye-bye Bitcoin, hello AI: Texas miners leave crypto for next new wave (cnbc.com)

Artificial Intelligence, Cryptocurrencies, Texas, Mining, Economy

20 points by pseudolus 258 days ago | 9 comments

Against choosing your political allegiances based on who is "pro-crypto" (eth.limo)

Politics, Cryptocurrencies, Financial Systems

78 points by bpierre 259 days ago | 23 comments

Pinned Tweet Ordered by UK Court – Craig Wright Not Satoshi Nakamoto (twitter.com)

Legal Cases, Cryptocurrencies, Bitcoin, Satoshi Nakamoto

60 points by esquivalience 260 days ago | 31 comments

Tell HN: FluenceLabs are pushing out crypto tokens to FOSS devs, unclear if scam (ycombinator.com)