This isn’t a big new hurdle, and is something I’m working on now. I am committed to keeping protections for non-money transmitting developers safe without tying law enforcement’s hands to hold bad actors accountable.
Fold just announced Fold Business, a new B2B platform that lets employers give recurring Bitcoin bonuses through existing payroll.
Employers send one USD invoice per pay cycle, while Fold handles the Bitcoin conversion, custody, and built-in vesting to encourage retention.
Steak ’n Shake is already live with the program for over 10,000 hourly workers.
The U.S. Senate passed a House Joint Resolution (H.J. Res 140) in a 50–49 vote to overturn a 20-year ban on mining near the Boundary Waters Canoe Area Wilderness.
This legislation removes protections for roughly 250,000 acres in the Superior National Forest, allowing the development of potential copper-sulfide mining in the watershed.
6 months ago KuCoin admitted fault for my $300K liquidation. Here's what happened since.
I took a Google Meet with their Head of Futures. I went to an in person meeting at Tribes in Dubai Mall with their Global Business Director. I sent 10+ proposals. I gave them every possible way to make this right.
On the call they took full responsibility. They admitted the liquidation was caused by broken infrastructure. Their platform failed and they said so themselves.
But here's the part that's hard to believe. Their Head of Futures couldn't understand basic futures mechanics. I had to explain how margin, liquidation and order book depth works to the person running the futures division at a top 10 exchange.
The person responsible for resolving my case didn't understand the product that caused it.
Their first offer: bring us $2.5 billion in trading volume and you can "earn it back." I did the math for them live in the chat. $10,000 per 100M volume. That's 0.01% return. To recover $250K I would need to generate the monthly volume of a top 50 institutional desk. For free.
I said no.
Their second offer was worse. $20K upfront, but only if I hit 1,000 active users and $300M in volume first. Then a $30K "cashback" that requires KuCoin's manual approval.
I said no again.
Their third offer was even worse than the second. $10K/month. Halved the numbers from the deal they already couldn't close. After an in person meeting. After a Google Meet. After weeks of negotiations.
Every single offer came with the same condition: delete the tweets, stop talking, and come work for us as a KOL. Promote the exchange that wrongfully liquidated me. Bring them users. Make them money. Then maybe they'd consider giving back what they took.
I told them in the chat: "It's like someone steal from me $250K and then tells me come work for me and you'll make it back (maybe)."
Their response? "Let me think about it."
Then silence. Weeks of silence. I had to chase them for every single reply. Christmas came and went and I gave them a final deadline January 6th. They came back with yet another lowball.
KuCoin had their Head of Futures, their Global Business Director, and multiple senior reps in this group chat. They all saw every message. They all went quiet when it mattered.
Today I'm releasing the full 30 minute Google Meet recording and the complete Telegram history. Every message. Every offer. Every time they went silent. You'll hear them admit fault and then watch them do nothing about it.
They had 6 months to make this right. They chose silence.
Video drops today.
Hundreds of millions of people throughout the world are immersed in extreme poverty. Yet, disproportionate wealth remains in the hands of a few. It is an unjust scenario, in the face of which we cannot fail to question ourselves and commit to change things. There is no lack of resources at the root of disparities, but the need to address solvable problems related to a more equitable distribution of wealth, to be achieved with moral sense and honesty.
Sure, bitcoin is dead.
Over 731,000 BTC (~$51.9 billion) moved across 572,454 transactions in 144 blocks, settled in 24 hours.
For context, Visa processes ~$41B/day.