Hacker News with Generative AI: Cryptocurrency

Arrests "imminent" in eXch money laundering case after crypto seizure (monero.forex)
eXch, an instant crypto exchange long preferred by users desiring privacy, has abruptly and unexpectedly announced that they are shutting down their service.
Digital Payment System GNU Taler Gets Green Light to Operate in Switzerland (itsfoss.com)
GNU Taler, the privacy-preserving digital payment system, is now Swiss ready.
Trump Crypto Partner Is KuCoin – Which Is Banned in U.S. for Money Laundering (forbes.com)
Donald Trump’s crypto venture launched its stablecoin Wednesday on an exchange recently banned from the United States after admitting to violating anti-money laundering laws and agreeing to pay a $300 million fine.
Trump admin tells Supreme Court: DOGE needs to do its work in secret (arstechnica.com)
The Department of Justice today asked the Supreme Court to block a ruling that requires DOGE to provide information about its government cost-cutting operations as part of court-ordered discovery.
Coinbase says its data breach affects at least 69k customers (techcrunch.com)
Coinbase said at least 69,461 customers had personal and financial information stolen during a months-long data breach that it disclosed last week.
Milei shutters office investigating cryptogate $LIBRA scandal (batimes.com.ar)
President Javier Milei has dissolved a special investigative unit he himself established to probe alleged wrongdoing in his controversial promotion of the ‘$LIBRA’ cryptocurrency, 
Coinbase Data Breach Will Lead to People Dying, TechCrunch Founder Says (decrypt.co)
The founder of online news publication TechCrunch has claimed that Coinbase’s recent data breach “will lead to people dying,” amid a wave of kidnap attempts targeting high-net-worth crypto holders.
Senate Advances Crypto Regulation Bill with Bipartisan Support (nytimes.com)
The Senate on Monday revived a first-of-its-kind bill to regulate parts of the cryptocurrency industry, after a small number of Democrats who had joined the rest of their party in blocking the measure joined Republicans in allowing it to advance.
Coinbase becomes first crypto exchange to join the S&P 500 (latimes.com)
Coinbase on Monday became the first cryptocurrency exchange to join the Standard & Poor’s 500 index, marking a pivotal moment for the digital assets industry.
SEC SIM-swapper who Googled 'signs that the FBI is after you' put behind bars (theregister.com)
An Alabama man who SIM-swapped his way into the SEC's official X account, enabling a fake ETF announcement that briefly pumped Bitcoin, has been sentenced to 14 months in prison and three years of supervised release.
MinorMiner: We turn your kid's maths homework into Bitcoin (robertheaton.com)
Hello! Hello! Welcome, welcome. My name is Hobert Reaton, and I’m here in this shabby motel conference room to present you with yet another once-in-a-lifetime investment opportunity.
Dems are upset about DOGE's IRS hackathon, but the IRS says it never happened (theregister.com)
Congressional Democrats are again demanding answers from a federal agency over whether DOGE's latest tech makeover could put taxpayer data at risk.
The Crypto Anarchist Manifesto (1988) (csail.mit.edu)
A specter is haunting the modern world, the specter of crypto anarchy.
Coinbase says hackers bribed staff to steal customer data, demanding $20M ransom (cnbc.com)
Coinbase was hacked, breached <1% of MTU data (twitter.com)
Something went wrong, but don’t fret — let’s give it another shot.
Coinbase says customers’ personal information stolen in data breach (techcrunch.com)
Crypto giant Coinbase has confirmed its systems have been breached and customer data, including government-issued identity documents, were stolen.
Police investigating crypto kidnappings with execs tied up and fingers cut off (news.sky.com)
Authorities in France are investigating a series of kidnappings linked to the world of cryptocurrencies.
What has Elon Musk's Doge achieved? (ft.com)
What has Elon Musk’s Doge actually achieved?
MinorMiner: We turn your kid's maths homework into Bitcoin (robertheaton.com)
Hello! Hello! Welcome, welcome. My name is Hobert Reaton, and I’m here in this shabby motel conference room to present you with yet another once-in-a-lifetime investment opportunity.
Access to the United States' President for Sale via Meme Coin (mastodon.social)
A crypto founder faked his death. We found him alive at his dad's house (sfstandard.com)
Jeffy Yu was days away from his 23rd birthday when he appeared to take his own life Sunday in a video. A flattering obituary appeared, calling the aspiring crypto mogul “a visionary artist, technologist, and cultural force” and “a tech prodigy from an early age.” A memecoin in Yu’s honor went up for sale. But in the days that followed, online sleuths raised doubts about the video’s authenticity. The obituary disappeared.
San Francisco crypto founder faked his own death (sfstandard.com)
Jeffy Yu was days away from his 23rd birthday when he appeared to take his own life Sunday in a video. A flattering obituary appeared, calling the aspiring crypto mogul “a visionary artist, technologist, and cultural force” and “a tech prodigy from an early age.” A memecoin in Yu’s honor went up for sale.But in the days that followed, online sleuths raised doubts about the video’s authenticity. The obituary disappeared.
DOGE Is Bringing Back a Deadly Disease (theatlantic.com)
Cuts to agencies that protect workers’ lungs are going to result in the resurgence of a preventable illness.
The Crypto Racket (texasobserver.org)
The five members of the Navarro County Commissioners Court had rarely seen such a large audience for their Tuesday meeting as they saw in October 2024, when they weighed a Colorado-based company’s application for a multimillion-dollar tax abatement—an incentive to expand its already-established cryptocurrency mine near the small North Texas town of Corsicana.
Sam Altman Wants Your Eyeball (privacyguides.org)
Last week, OpenAI's CEO Sam Altman announced in San Francisco that the World project he co-founded, formerly known as Worldcoin, is opening six stores across the United States, allowing users of the project's app to scan their eyeballs.
Trezor's Multi-Layer Defense Against Supply Chain Attacks (trezor.io)
At Trezor, transparency is the cornerstone of security. Given our open-source ethos, security is a continuous journey, and we welcome any open security research that helps strengthen our products and protect our users.
Celsius founder Alex Mashinsky sentenced to 12 years for "unbank yourself" scam (arstechnica.com)
Alex Mashinsky—the disgraced founder of the Celsius Network cryptocurrency bank who deceived hundreds of thousands into losing billions with the catchy slogan "unbank yourself"—was sentenced to 12 years in prison on Thursday.
Celsius CEO Alex Mashinsky sentenced to 12 years in crypto fraud case (cnbc.com)
Crypto founder faked own death. We found him alive at his dad’s house (sfstandard.com)
Jeffy Yu was days away from his 23rd birthday when he appeared to take his own life Sunday in a livestream video. A flattering obituary appeared, calling the aspiring crypto mogul “a visionary artist, technologist, and cultural force” and “a tech prodigy from an early age.” A memecoin in Yu’s honor went up for sale.But in the days that followed, online sleuths raised doubts about the video’s authenticity. The obituary disappeared.
Standard Chartered apologizes for $120K Bitcoin price call, 'may be too low' (cnbc.com)