In April, Coinbase announced changes to its user agreement that added two clauses further limiting class action lawsuits and requiring lawsuits to be filed in New York. The changes apply to disputes initiated after May 15.
On May 14, Coinbase disclosed a data breach.
behold: multi-multi-factor authentication
new lorna shore single confirming my hypothesis that this band is incapable of releasing anything besides masterpieces
Coinbase announces it's joining the S&P 500 and then announces a serious data breach two days later.
oof.
“Don’t hurt anyone. Never bully people weaker than yourself. Help out those in need. Some would say that these rules are obvious. But the truth is, the obvious is no longer obvious in today’s world. What’s worse is that some people even ask why. They don't understand why they shouldn't hurt other people. It's not a simple thing to explain. It’s not logical. But if they read books they will understand. It’s far more important than using logic to explain something. Human beings don’t live alone, and a book is a way to show them that.”
Rintaro did his best to explain to the invisible listener.
“I think the power of books is that—that they teach us to care about others. It’s a power that gives people courage and also supports them in turn.”
Rintaro broke off for a moment, biting his lip.
“Because you seem to have forgotten,” he resumed with all the strength he could muster, “I’m going to say it as loud as I can. Empathy—that's the power of books.”
it’s low-res, but allow me to attempt to share some of my morning joy with you
sometimes you have to choose a book by its cover. found this one while reshelving at the library this morning and am greatly looking forward to reading it.
Alex Mashinsky has been sentenced to twelve years in prison for his Celsius fraud, which culminated in the mid-2022 collapse of his US-based cryptocurrency lending firm with customers suffering losses of more than half a billion dollars.
The GENIUS Act stablecoin bill has stalled in the Senate with key Democrats — including some of its early co-sponsors — voting against it. Democratic opposition increased after Trump’s World Liberty Financial cryptocurrency platform released its own stablecoin, allowing the president to profit from transactions including a $2 billion deal between the Emirati state-owned investment firm and the Binance crypto platform.
Senators who voted against the bill include Ruben Gallego (AZ), Mark Warner (VA), Lisa Blunt Rochester (DE), Andy Kim (NJ), Kirsten Gillibrand (NY), and Angela Alsobrooks (MD). Gallego was one of the top recipients of crypto industry campaign funds in 2024, receiving $10 million in crypto super PAC backing.
A trader bought 6,000 $TRUMP on April 21, two days before the announcement that top holders would be invited to dinner with the president. They sold it a few hours after the announcement two days later caused the token price to go up, earning $33k on the trade. Impressive timing!
