In an experiment, Claude ran a vending machine in the WSJ newsroom and lost $1,000+ after it dropped prices to zero, gave away a free PlayStation, and more
until someone pointed out this would fall afoul of the US Onion Futures Act of 1958. @andonlabs : Turns out journalists are better red-teamers than AI researchers. We've taught the...
In an experiment, Claude ran a vending machine in the WSJ newsroom and lost $1,000+ after it dropped prices to zero, gave away a free PlayStation, and more
until someone pointed out this would fall afoul of the US Onion Futures Act of 1958. @andonlabs : Turns out journalists are better red-teamers than AI researchers. We've taught the...
Internal Binance data and current and former employees say Chinese users traded ~$90B in crypto assets on the exchange in May 2023, despite China's crypto ban
Retaining its Chinese footprint will be crucial for Binance as it faces a global regulatory crackdown
Sources and documents: Binance and Binance.US are more intertwined than they have disclosed, sharing staff, finances, and an affiliated entity to trade crypto
Wall Street Journal :
Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence even after ex-executives pled guilty
think there shouldn't be a paying option anymore... Dave Weisberger / @daveweisberger1 : https://www.wsj.com/... It is tiresome to read SBF's half truths. 1/ His claims about Binan...
Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence even after ex-executives pled guilty
think there shouldn't be a paying option anymore... Dave Weisberger / @daveweisberger1 : https://www.wsj.com/... It is tiresome to read SBF's half truths. 1/ His claims about Binan...
Sam Bankman-Fried publishes a Substack post offering his account of how FTX collapsed, sticking to his claims of innocence, even as ex-executives plead guilty
Disgraced FTX founder Sam Bankman-Fried on Thursday published his account of how the crypto company collapsed.
A look at the rise and fall of Alameda Research, whose troubles began well before the crypto crash as the firm took big gambles, winning some and losing plenty
Some projects are just better when dead asap. 😥 Tom Gara / @tomgara : Also maybe this is common knowledge but I didn't realize that famous SBF origin story trade in Japan profited ...
A look at the rise and fall of Alameda Research, whose troubles began well before the crypto crash as it took big gambles, winning some and losing plenty
Trading firm took big gambles, winning some and losing plenty; ‘complete lack of a risk-management framework’
FTX says it has fired CTO Gary Wang, engineering director Nishad Singh, and Alameda Research CEO Caroline Ellison
The three executives and Mr. Bankman-Fried are said to have known FTX was using customer funds to plug a funding gap — FTX, the cryptocurrency exchange launched by Sam Bankman-Fr...
A look at the dispute between FTX's new management and Bahamian regulators over who should control the company's assets, and how the fight may affect customers
Liquidators in the Bahamas are embroiled in a dispute with FTX over who has control over crypto assets held in the country
Dutch authorities arrest a Tornado Cash developer suspected of involvement in concealing money laundering, two days after the US sanctioned the crypto mixer
- The Tornado Cash developer arrested by Dutch authorities on Wednesday is Alexey Pertsev, his wife has confirmed to The Block.
Dutch authorities arrest a Tornado Cash developer suspected of involvement in concealing money laundering, two days after the US sanctioned the crypto mixer
- The Tornado Cash developer arrested by Dutch authorities on Wednesday is Alexey Pertsev, his wife has confirmed to The Block.
The decentralization of crypto services like Tornado Cash leaves authorities without an enforcement target, making them difficult if not impossible to shut down
People copied the platform's code before GitHub took it offline —People are pulling funds from sanctioned accounts —They're sending funds to random Americans https://www.wsj.com/.....
Despite a cratering crypto market, many traders in Latin America still see crypto as a way to circumvent unstable or stagnant economies where they live
Caught between rocketing inflation and a cratering crypto market, many stick with Bitcoin. — • MEXICO CITY, MEXICO
Bitcoin fell to under $18K on Sat., below the high of $19,511 it hit during its last bull cycle in 2017, as ether dropped below $1K, both down 70%+ since Nov.
Bitcoin plunged through several closely watched price levels to the lowest since late 2020 as evidence of deepening stress within …
Hong Kong-based crypto lender Babel Finance suspends withdrawals and redemptions to “protect the interests of our clients”, citing “unusual liquidity pressures”
Dear Customers， Recently, the crypto market has seen major fluctuations … Muyao Shen / Bloomberg : Crypto Lender Babel Freezes Withdrawals as Industry Pain Spreads Andrew Rummer / ...
Bitcoin falls by 6%+ to below $20,000 for the first time since December 2020, the twelfth straight day of decline, as ether briefly dropped below $1,000
Bitcoin dropped below $20,000 for the first time since December 2020 as evidence of deepening stress within the crypto industry keeps piling …
Sources: BlockFi was among the groups that liquidated at least some positions held by Three Arrows Capital, which failed to meet margin calls this past weekend
BlockFi was among a clutch of firms that liquidated the Singapore-based group's positions — Three Arrows Capital failed …
Crypto hedge fund Three Arrows Capital is exploring options including asset sales and a rescue by another firm, and says it invested about $200M in Luna
Firm's founders say they still believe in the future of cryptocurrencies — Cryptocurrency-focused hedge fund Three Arrows Capital Ltd …