How Effective Altruism Power Brokers Helped Make Sam Bankman-Fried
Like all tumors, this one should be excised: MacAskill’s continued presence at Oxford, in particular, is a nasty, dripping blemish on the face of the entire field of academic philosophy. Unfortunately, the FTX story has become an object lesson in how rarely such ailments are actually addressed at the very top of our society – how freely the cancer of greed and self-dealing has been allowed to spread its tendrils from Oxford to Stanford to MIT to the U.S. Congress, destroying the lives of normal people at every step of the way.
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feature While crypto-land is abuzz about JPMorgan’s plan to move U.S. dollars around via blockchain, a smaller New York bank has already been doing this for nearly two months. Since launching at the start of the year, Signature Bank’s blockchain-based Signet system has on-boarded more than 100 clients who are using it to send each…

Texas Man’s Alleged Use of PPP Funds for Crypto Instead of BBQ Has Feds Asking ‘Where’s the Beef?’
Jul 14, 2020 at 16:34 UTC(Brent Hofacker/Shutterstock)Texas Man’s Alleged Use of PPP Funds for Crypto Instead of BBQ Has Feds Asking ‘Where’s the Beef?’A 29-year-old Texas man is in A-1 trouble after being charged Monday with siphoning nearly $1 million in Payment Protection Program loans meant for a barbecue company into a cryptocurrency trading account.…

Venezuela’s Bitcoin Story Puts It in a Category of One
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Wyoming County Moves to Put Land Records on Blockchain
news A county in the blockchain-friendly state of Wyoming is planning to put its land registry on a distributed ledger. Teton County (pop. 23,265 ), which includes the town of Jackson and part of Yellowstone National Park, has signed a memorandum of understanding (MOU) with Medici Land Governance (MLG). The startup, majority-owned by Overstock.com’s blockchain investment arm…

Bitcoin News Roundup for Jan. 21, 2021
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Crypto Trader FalconX Unveils Institution-Friendly Custody, Trading and Credit Services
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Humpy the Whale Cost FTX, Alameda $1 Billion in Losses, Lawsuit Alleges
Compound DAO governance exploiter Humpy the Whale was among the targets of lawsuits brought by FTX’s estate last week. In 2021 and 2022 he allegedly bought massive amounts of illiquid tokens, pumping the price, and then used them to take out loans on the crypto exchange that were not repaid. His actions, which exploited a

Coinbase Adds Cross-Border Wire Transfers for Whales in Europe and Asia
news Crypto exchange Coinbase is launching cross-border wire transfers for institutional clients in Asia, the U.K. and Europe. Coinbase said in an announcement Tuesday that, for clients in countries where fiat payments rails aren’t yet available, the firm will now support inbound and outbound SWIFT transfers from non-US bank accounts. It added: “This new feature…