Jack Morse

Trump pardons Silk Road creator Ross Ulbricht Trump said he had called Ulbricht's mother to let her know he had granted her son a full pardon.

"Ulbricht was found guilty of charges including conspiracy to commit drug trafficking, money laundering and computer hacking."

sherwood.news/crypto/new-c...

Trump launched a meme coin and it became worth $32 billion overnight Companies associated with the president-elect own as much as 80% of the supply.

The next four years are going to be something...

"The meme website says 80% of the supply is held by Trump Organization affiliate CIC Digital, and a CIC co-owned entity called Fight Fight Fight LLC."

MicroStrategy isnt the only business buying up bitcoin sherwood.news/crypto/ten-w...

Meta Deletes Trans and Nonbinary Messenger Themes Amid a series of changes that allows users to target LGBTQ+ people, Meta has deleted product features it initially championed.

New: Meta has deleted trans and nonbinary Messenger themes, as well as the blog posts announcing them. Happens the same week that it has changed its rules to allow users to say LGBTQ+ people are "mentally ill"

www.404media.co/meta-deletes...

The wonderful @jonkeegan.com out here doing God’s work, figuring out how much time each ad-supported streaming platform spends on ads sherwood.news/tech/just-ho...

FTX customers could finally get their money back as reorganization begins It took two years, and while some investors are not holding their breath for the money, they’re surprisingly still bullish on crypto overall....

“You’re sort of living in hope, but at the same time, with anything like this, you bite the bullet and consider you will never get your money back.”

Montenegro orders extradition of Terraform lab co-founder Do Kwon to United States Montenegrin Justice Minister Bojan Bozovic has ordered the extradition of Terraform Labs co-founder Do Kwon, also wanted by South Korea, to the United States, the ministry said on Friday.

Looks like Do Kwon of "I don't debate the poor" fame will face charges in the US.

Jump’s crypto subsidiary agrees to a $123 million settlement as terraUSD’s fallout continues to sting Regulators said the firm mislead the public about the stability of an algorithmic stablecoin....

"Jump is said to have profited $1.28 billion from its arrangement with Terraform Labs."

Well, someone is impersonating me on here. Likely with the goal of running some crypto scam at a future date. @jackmnn.bsky.social is the fake. Block and report, please? Thanks!

Crypto traders are betting on a bitcoin “Santa Claus rally” On, Comet! on, Cupid! on, Donder and bitcoin!...

Hoping for a merry Cryptomas.

Bitcoin and meme coins ruled 2024, but ethereum bulls are ready for 2025 After a not-so-great year, experts say the winds are turning for ethereum and that all-time highs could be around the corner....

“'I predict that the price of ETH will hit $10,000 in 2025,' Johansen said, adding that staking will be the foundation for new fixed-income products and financial services."

He tried to prank the DMV. Then his vanity license plate backfired big time. It seemed like a good idea at the time.

reminds me of mashable.com/article/dmv-...

CoinDesk staffers wrote letter to Bullish calling Justin Sun retraction 'outrageous' ahead of leadership firings CoinDesk’s parent company Bullish fired three senior editorial staffers, including Editor-in-Chief Kevin Reynolds, after the letter was written.

This is not good!

"CoinDesk’s parent company Bullish has fired three senior editorial staffers, including Editor-in-Chief Kevin Reynolds as well as Deputy Editors-in-Chief Nick Baker and Marc Hochstein"

I believe that's just a draft from the Bitcoin Policy Institute.

Crypto Recorded 'Santa Claus Rally' 8 Times in Last 10 Years | CoinGecko Find out how much effect the Santa Claus Rally has had on the crypto market over the last 10 years, both in the week leading up to and after Christmas.

"From 2014 to 2023, crypto experienced the Santa Claus rally effect 8 out of 10 times post-Christmas, with total crypto market capitalization rallying between 0.69% to 11.87% over a one-week timeframe from December 27 to January 2."

The Trump administration is poised to be a boom for crypto. Here’s all his personal exposure in DeFi Trump faces “glaring” crypto conflicts of interest as he returns to the White House....

“'If I want to buy influence with Trump as president,' Naylor hypothesized, 'I can do it that way,' through WLFI token purchases."

Penguins climb over apes in NFT prices Pudgy Penguins, a once forgotten NFT project, was brought back to life after entrepreneur Luca Netz swooped in and purchased the brand for 750...

I... honestly did not see that coming?

I, for one, am Shock Tuah'd that Haliey Welch's crypto tanked The viral social media star, to podcaster, to questionable crypto launch pipeline remains robust....

"My personal take is that I just don’t see how anyone could have bought Hawk Tuah coin and expected any outcome other than immediately losing everything." - @jackraines.bsky.social

Microsoft shareholders slap down a proposal to buy bitcoin, bucking an emerging corporate trend The tech giant’s shareholders decided against following in the footsteps of MicroStrategy, Tesla, and MARA as bitcoin sits near a record high....

MARA buys up more bitcoin sherwood.news/crypto/marat..., while Microsoft shareholders say "no thanks"

sherwood.news/crypto/micro...

Bitcoin price hits $100K for first time in history The price of Bitcoin has reached $100,000 for the first time in history, capping a year of massive growth and adoption for the world’s first cryptocurrency.

BTC hits a hundo

A chart showing higher engagement on Bluesky for several news stories compared to Threads and X

Something is happening with engagement on Bluesky. I ran a little analysis looking at a few recent news stories from NYT, WSJ and CNN across X, Threads and Bluesky and it looks like engagement on Bluesky is much higher when you account for the size of the platforms.
sherwood.news/tech/bluesky...

Crypto spikes the football this Thanksgiving as diehards prep their “I told you so” With the price of bitcoin approaching $100,000, crypto traders say this year they’re actually looking forward to Thanksgiving conversations....

Notably, trading volume isn't expected to spike alongside the gloating.

Kraken to close NFT marketplace, shift focus to other projects Kraken's NFT marketplace will enter withdrawal-only mode on Nov. 27 and completely shut down on Feb. 27, 2025.

"After Nov. 27, 2024, users will no longer be able to list, bid on or sell items on Kraken's NFT marketplace; they will only be able to withdraw assets."

Trump is good for crypto, but are Trump’s crypto projects doing well? We took a look at World Liberty Financial and Trump’s NFTs since the election...

Trump's crypto projects look to be missing out on the rally.

Does RFK Jr. really store “most” of his money in bitcoin? We found out. Some hard numbers on the size of RFK Jr.’s bitcoin stash...

"According to the US Office of Government Ethics disclosure form, as of the August 7 update Kennedy had between $500,001 and $1,000,000 worth of bitcoin with Fidelity Crypto."

FTX CTO Gary Wang avoids prison for role in $8bn fraud Gary Wang is the latest FTX insider to dodge an extended prison sentence for his role in the fraud that led to the company's collapse in 2022.

Gary Wang, FTX's former CTO, gets sentenced to time served.

Former exec at Alameda Research...

"He also agreed to give up his 53-foot yacht, ‘Soak My Deck’, which he bought in March 2022 for $2.51mn. Trabucco appears to still be in San Francisco from the filing signature."

Why surging Memecoins are on the verge of a ‘supercycle’ Crypto’s memecoin market explosion has triggered expectations of what’s in store for the sector next year.

"supercycle" in crypto heds as a top signal 🤔

www.dlnews.com/articles/mar...

Shaq takes the L on NFT lawsuit, agrees to pay $11 million Astrals featured 10,000 “metaverse-ready avatars” on solana...

"Shaq and his son launched Astrals in March of 2022. The suit claimed that investors in the project had purchased unregistered securities, which Shaq reportedly hyped at his gigs as 'DJ Diesel.'"