Hacker News with Generative AI: Cryptocurrency

The Cryptocurrency Scam That Turned a Small Town Against Itself (nytimes.com)
How did a successful, financially sophisticated banker gamble his community’s money away?
The Incompetence of Doge Is a Feature, Not a Bug (wired.com)
Within just the last week or so, Elon Musk’s DOGE hit team of mostly young, almost exclusively male engineers and executives have done the following:
DOGE has 'god mode' access to government data (theatlantic.com)
DOGE has achieved “God mode.” That’s according to an employee in senior leadership at USAID, who told us that Elon Musk’s Department of Government Efficiency now has full, unrestricted access to the agency’s digital infrastructure—including total control over systems that Americans working in conflict zones rely on, the ability to see and manipulate financial systems that have historically awarded tens of billions of dollars, and perhaps much more.
Building a Bitcoin Exchange with FOSS BTC Pay Server (btcpayserver.org)
Did DOGE Take Credit for Spending Cuts Related to President Carter's Death? (lawfaremedia.org)
Inaccuracies on DOGE’s website raise questions about DOGE’s activities and transparency.
Libra Token's Co-Creator Claimed He Paid Argentinian President Milei's Sister (coindesk.com)
A key player behind the Libra token bragged about buying access to Argentine President Javier Milei's inner circle months before the memecoin's scandalous launch and crash.
Theory on Jack Dorsey Is Satoshi (twitter.com)
Who Runs Elon Musk's Doge? Not Musk, the White House Says (nytimes.com)
Who, exactly, runs the so-called Department of Government Efficiency?
Elon Musk's Doge Targets US Gold Reserves (ibtimes.co.uk)
Billionaire Elon Musk's Department of Government Efficiency (DOGE) has been driving massive changes across US federal agencies and institutions in an attempt to trim unnecessary spending and redundant workforce for transparency and enhanced operational throughput.
Musk signals DOGE could look into gold at Fort Knox (thehill.com)
Tech billionaire Elon Musk signaled Monday that he will be looking into Fort Knox, where the United States has a massive and heavily secured gold reserve.
Argentina president faces impeachment calls over crypto crash (bbc.com)
Argentine President Javier Milei is facing impeachment calls - and legal action accusing him of fraud - over his promotion of cryptocurrency on social media.
Jack Dorsey called out as Satoshi Nakamoto (twitter.com)
Doge-affiliated employee expected to seek access to IRS system (nbcnews.com)
An IRS employee who is affiliated with the Department of Government Efficiency is expected to seek access to an IRS system that houses sensitive taxpayer information, according to an administration official.
Man who lost $800M Bitcoin in landfill wants to buy the garbage dump (cnn.com)
Javier Milei backtracks on $4.4B memecoin after 'insiders' pocket $87M (coindesk.com)
Argentina's president Javier Milei has backtracked on a tweet promoting a memecoin called Libra, which rose to a $4.4 billion market cap before plunging by more than 95%.
Argentinian president backs away from LIBRA memecoin after 90% crash (dlnews.com)
Argentinian President Javier Milei is now distancing himself from the catastrophic launch of the Solana-based memecoin $LIBRA, which saw its market cap collapse from $4.5 billion to just $200 million within hours.
Are DOGE's Claims of Social Security Payments to 150-Year-Olds Way Off Base? (slashdot.org)
Men claiming to be from DOGE show up at San Francisco City Hall, demand records (cbsnews.com)
San Francisco city officials are investigating after three men who claimed to be from the Department of Government Efficiency (DOGE) showed up at City Hall on Friday demanding records from offices before fleeing.
DOGE 'Audits': A Mask for Corruption, Not Efficiency (medium.com)
The so-called “audits” conducted by the Department of Government Efficiency (DOGE) are anything but.
DOGE.gov website can be edited by anyone (mashable.com)
Need more proof that Elon Musk's DOGE team, apparently in charge of making the U.S. government more efficient, has no idea what they're doing?
New Bitcoin ETF Promises 100% Downside Protection Against Price Volatility (coindesk.com)
A new bitcoin-focused exchange-traded fund issued by global investment management firm Calamos hit the market on Wednesday.
Billionaire Airbnb Co-Founder Is Said to Take Role in Musk's Doge (nytimes.com)
One of Elon Musk’s closest friends, a billionaire co-founder of Airbnb, is taking a role in President Trump’s administration to help Mr. Musk carry out his drive to slash the federal bureaucracy, according to a person with knowledge of the matter.
DOGE's Website Is Just One Big X Ad (wired.com)
At a press conference in the Oval Office this week, Elon Musk promised the actions of his so-called Department of Government Efficiency (DOGE) project would be “maximally transparent,” thanks to information posted to its website.
Elon Gives DOGE Updates to World Governments [video] (youtube.com)
BrewDog's James Watt Launches 'Shadow DOGE' to Take on UK Government (thenational.scot)
BREWDOG founder James Watt has launched an unofficial government watchdog which he has styled after Elon Musk’s programme in the US.
Court Documents Shed New Light on DOGE Activity at Treasury Department (zetter-zeroday.com)
New court documents shed light on what a 25-year-old DOGE employee named Marko Elez did inside Treasury Department payment systems. They also provide extensive new details about which systems Elez accessed, the security precautions Treasury IT staff took to limit his access and activity, and what changes he made to the systems. The documents indicate that the situation at Treasury is more nuanced than previously reported.
DOGE staffer is trying to reroute FEMA funds (dropsitenews.com)
DOGE has gained access to FEMA’s core financial management system, according to sources within FEMA, and “has been embedded for days now.”
Musk appears at White House defending DOGE's work but acknowledging mistakes (apnews.com)
President Donald Trump’s most powerful adviser, Elon Musk, made a rare public appearance at the White House on Tuesday to defend the swift and extensive cuts he’s pushing across the federal government while acknowledging there have been mistakes and will be more.
Dark Money Groups Want the Government to Bet Big on Crypto (jacobin.com)
Right-wing dark money groups are lobbying for the US and state governments to invest billions of dollars in Bitcoin reserves, jeopardizing public funds and the environment alike.
Implementing the President's "DOGE" Workforce Optimization Initiative (whitehouse.gov)
To restore accountability to the American public, this order commences a critical transformation of the Federal bureaucracy.