Time to go to bed at 11 to wake up at 5 to write a story for 7 that I should have written yesterday, or the day before, or the day before, instead of 4 hours before 9, when I start work
Mike McCaffrey had a secret penthouse in the Bahamas but he was too cheap to buy his own $30 drink. I hope you enjoyed that Macallan, buddy. I didn't appreciate the bill.
SCOOP: The chief architect of Solana's once mighty stablecoin exchange Saber hid behind anonymous developer accounts to pump billions of dollars into his DeFi empire.
SCOOP: JPMORGAN LAUNCHES IN-HOUSE BITCOIN FUND
“I am not a Bitcoin supporter," Jamie Dimon has said. “On the other hand, clients are interested and I don’t tell clients what to do.”
The SEC's Salt Lake City office – notorious in the crypto world for its failed fraud lawsuit against DEBT Box – will shut down after seeing "significant attrition" among its staff, some of whom were pushed out over the case.
Exactly one year ago CoinDesk's Ian Allison exposed Alameda Research's kinda funky balance sheet
It set off a chain of events that led to this day: the conviction of Sam Bankman-Fried on massive fraud charges
This is the power of journalism
Crypto has proven to be Tulipmania. As prices rise, tulip bulbs and
#crypto
currencies multiply until supply swamps demand at previous market clearing prices.
JUST IN: Wells Fargo has registered a private bitcoin fund with U.S. regulators, becoming the latest mega-bank with an indirect crypto investment vehicle for its wealthiest clients.
@RealDannyNelson
reports
(corrected link)
I genuinely believe that the normalization of anonymous rumor-spreading accounts is against the public interest.
These accounts have no accountability, no transparency, no editors, no code
They amass massive followings publishing salacious maybe truths
1/n
In my latest
@CoinDesk
story I pull back the curtain on "KOL rounds." In the old days crypto projects paid shills like BitBoy to promote their tokens. Now they bring the influencers onto the cap table, offering sweetheart terms that don't always see daylight. Is it kosher?
👇 🧵
LIVE FROM COURT: CZ has arrived in the Seattle courtroom where he'll soon be sentenced in the US case against Binance. He's wearing a light blue striped tie and navy suit. The courtroom gallery is nearly full.
@TheMessenger
The person who wrote this tweet, who produced this video, who scheduled the socials is already fired… and all the stories associated with it are gone
Do you ever wake up and say: “gee, I really wish I could trade onion futures today!”
Well, you can’t. Because this is America. And in America we don’t let you speculate on onion futures.
Solana moonbois who would like to personally attack me and my work can message me, right to my wallet, using
@saydialect
. I have the handle (@)Dnelson
I will be answering you from my
@solanamobile
phone
*Clickety-clack* went their keyboards at 11:59 a.m. on this Monday as big-haired
@barrett_io
, dual-wielding Red Bulls, strode past three rows of hungry
@mtnDAO
devs.
@TheBullShiller
@CoinDesk
@360_trader
If you'd read the article you'd learn that paying for large Coinbase orders via PayPal costs you ~3x more than via Coinbase's other $25k-a-day options, like ACH transfers
Just trying to help ppl with open minds make informed decisions with their money
“If you're going to put a billion dollars onto a crypto network, you don’t want it to be 100 things. You want it to be one thing: the most secure, rock solid, dependable, bulletproof structure you can possibly imagine”-Michael Saylor,
#Bitcoin
maximalist
My latest investigates crypto compliance “hypocrisy.”
Projects don’t want to tangle with US securities law. So they try not to let Americans claim airdrops.
Are Americans listening? No. Even legal insiders say they don’t. This might one day haunt the US scene.
1/🧵
I'll be working in tandem with these two steady hands (and with our standout editing team) as Managing Editor, News Desk. Together we'll drive forward CoinDesk's leading coverage of this industry
Personal update: Starting today, I will be the Managing Editor of companies/business for
@CoinDesk
, with
@0x_bae
as my deputy. Will cover/oversee a lot more than just crypto mining, with the help of THE best and the smartest team I have ever had the pleasure to work with!
The reporter who snagged FTX “leaked financials” spotlighting 1000% revenue growth (WOW) was in the Bahamas yesterday interviewing the very effective altruist:
@SBF_FTX
.
HMMMM I wonder who would leak such a winning report?
Aragon has blocked me from seeing its tweets. I am just trying to do my job as a reporter. Activist investors tell me that Aragon's team believes I am being paid by them to report on them (I am not).
I am still waiting on Aragon to respond to the following emails.
Microstrategy cycled thru gold, derivatives, equities, real estate in its search for a place to park nearly $500 million cash, Saylor said. They settled on bitcoin
As the only
@realDannyNelson
, I am eager to start my career with the New York Islanders. Regretfully, my time representing Binance in court must now come to an end.
We’ve got 5 weeks to go in Sam Bankman-Fried’s trial. Go behind the headlines and inside the courtroom with CoinDesk’s pop-up newsletter
In today’s edition I wrote about growing tensions between the judge and his defense team
The hotly anticipated release of Solana NFT collection "Madlads" is delayed until Friday after surging internet traffic overwhelmed the project's minting.
Not subscribed to the SBF trial newsletter?
Many attending lawyers and reporters are. I'm working on deputy clerk Andy. The U.S. Marshals, too. (Judge Kaplan is a reach)
I queue at 5:000am daily to pencil PRISTINE COURTROOM COLOR.
sign up NOW!
Yesterday I ate two cheesesteaks whiz wit, talked about JawnCoin and got piss drunk.
This morning im listening to WIP as i rush the steps
BIRDS BY 90 BABY
Parrot Finance’s promoters sold investors an $83 million vision of innovative crypto lending markets governed by the $PRT token
Now they’re asking those investors to walk away with pennies on the dollar — while possibly keeping millions for themselves
MSM is out of its league with crypto.
So far, only
@CoinDesk
,
@decryptmedia
,
@TheBlock__
and
@MuyaoShen
(an industry specialist at
@crypto
) have covered North Korea's role in one of the biggest hacks in crypto history
Beats like this demand expertise. Adapt or die
This is one of the most fascinating, complicated, crazy, mind numbing stories I’ve written at CoinDesk. I tried to give up on it many times but it kept getting pulled back in. Politics, technology, governance, philosophy…. Give it a read!
Might be the most exciting all-nighter of my professional career
I promise you, the fruits of
@skesslr
's labor will not disappoint!
WE RIDE AT DAWN (pacific time)
SCOOP: Polygon Labs paid $4 million in 2022 to host Starbucks' fated entrance into crypto: the Odyssey NFT loyalty program, which is shutting down this month
Solana has released key details about its second crypto phone, called Seeker. I sat down with the project’s manager Emmett Hollyer to learn more for
@coindesk
I've been identity-checked a lot in the past few weeks. CoinDesk reporters will never ask for your keys, tell you how much an article costs or invite you to their discord server.
Also, the fact that I don't have a blue check is MEANINGLESS.
Founders: don’t fall for these scammers pretending to be journalists in your DMs! These folks are using verified accounts that look quite believable.
They will send you a PDF to sign which contains some virus — don’t fall for it.
If you ever have any concern, ask them what
NEW: Solana DeFi developers are racing to rescue Serum DEX amid fears the on-chain trading hub could become compromised following the collapse and hack of FTX, which controls its keys.
JUST IN: The Texas State Securities Board is alleging that
@CelsiusNetwork
’s interest-bearing crypto deposits are unregistered securities.
@realDannyNelson
reports
FloorDAO's loss of $2.5 million to a rebel faction highlights the growing effort by activist investors to hold DAOs accountable for their past promises.
Read the updated saga here:
Tomorrow’s SBF trial newsletter features the phrases “voluntarily defenestrated” and “legal whoopsie daisy” in the same sentence
You should probably sign up
Don't give The Block a free pass for circulating a market manipulation that it DID NOT VET BEFOREHAND and only then bothering to check with BlackRock.
CoinDesk learned the hard way and we adjusted accordingly.