Citation Needed
Trump tries to breathe life back into the crypto markets’ “Trump pump” while federal regulatory agencies wash their hands of any crypto industry oversight
checking in on decentralized assets intended to be independent from governments and big banks
It’s a shame to see Sci-Hub falling for web3 hype and adding a pumpfun memecoin ticker to their webpage. Blockchain-based DNS does not automatically mean “decentralized”, and 3DNS — the company behind .box — is based in the US and would be subject to US court orders.
![Sci-Hub is now available on two new domains: [redacted] and [redacted].box. What is special here is that .box domain is blockchain-based, which makes it decentralized and somewhat more resistant to censorship (hopefully!) The domain address was donated to Sci-Hub by user. The website also runs a new version of Sci-Hub with boxed design (under construction at the moment, but will be running on all mirrors soon)](https://storage.mollywhite.net/micro/fb648a2c0d38e8029316_Screenshot-2025-02-17-at-2.39.42---PM.png)
Someone unaffiliated with Sci-Hub created the memecoin, claiming to be fundraising, but said only 20% of proceeds would go to Sci-Hub. Founder Alexandra Elbakyan herself condemned this.
Read · Feb 14, 2025
Citation Needed
Cryptocurrency companies have co-opted legitimate concerns about banking discrimination to fight regulation — and Congress is buying it
I recently helped the New York Times with blockchain analysis for this story on the Trump memecoin, where more than 800,000 wallets lost money.
Although early reporting suggested the SEC would likely look to “potentially freeze some litigation that does not involve allegations of fraud”, the first case the SEC has proposed freezing is SEC v. Binance: a case alleging serious fraud and knowing violation of US securities laws.
Citation Needed
Crypto exchanges face legal troubles, and Trump’s crypto empire grows as regulations are slashed and enforcement is sidelined.
What could contribute more to government efficiency than by securing lucrative contracts for your crypto donors to implement inefficient technology that is uniquely suited to solving problems you don’t have?
Citation Needed
Trump horrifies even some of his crypto-steeped fans by launching a memecoin before his inauguration, and a flurry of activity from the new administration signals what’s in store for the crypto world in the next four years.
