Rob Stevens

This is a story about John Phillips, a Rome-based journalist who last year was convicted for libelling the UN Food and Agriculture Organisation and ordered to pay > €80k airmail.news/issues/2023-4-…

Great to see @FortuneMagazine's first crypto ranking go live. I spent the past few months devising the methodology and executing the research — a tough challenge but rewarding when it all came together. fortune.com/ranking/crypto/

@leomschwartz yes, basically. blockfi's fine was $100 million, eg, and regulators are slow to catch on. exchanges also tend to argue that cryptocurrencies are not securities and try to be at least somewhat careful about which ones they list (eg the crypto rating council).

@Rob_Stevens_ Presumably Kraken calculated that it would be more expective to go through the process and register than just end the (very lucrative) program, or maybe they were just worried about the liabilities associated

Here's maybe a stupid question: Why doesn't Kraken just register its staking product with the SEC? Would that just be prohibitively expensive?

"is do kwon in charge of hiring?" tfl press guy: no! "our source says do tried to hire him " tlf press guy: no...comment!

from Do Kwon's comeback⬇️ bit.ly/crypto_fugitiv…

@davidnotdave @balajis it's allowed many small publications to do without copy editors.

@balajis “Microsoft Word now has spell check. Who needs editors! Citizen journalism will win”

The end of corporate journalism is now in sight. If you want a quick writeup, ChatGPT will do it faster. If you want original reporting, Twitter will do it cheaper. And if you want serious fact checking, on-chain analysis will do it better. Citizen journalism will win.

Read my full story at @izakaminska's @theblindsp0t: the-blindspot.com/the-great-kitc… (5/5)

He quit after a year – 10 kilograms lighter. “This should be illegal,” he said. (4/5)

“Hell” – that’s how one Spanish chef describes his time at one of London’s three-Michelin-starred restaurants. (1/5)

@iam0x00 did you ever get this to work?

Exclusive to the Blind Spot: Robert Stevens investigates why all the fine dining staff quit in 2022 ($$) the-blindspot.com/the-great-kitc…

@Dave_Clare1 @JBSDC @CFTC probably because it undergirds so much of the market. it's also issued by a centralized organization, making it an obvious target for legal action if it falls foul of the regulations.

.@CFTC saying that not just BTC but ETH and Tether are commodities under the Commodity Exchange Act in their charged indictment against SBF.

Mining bosses are panicking. After Bitcoin crashed and energy costs spiraled over the summer, mining firms that took out expensive short-term loans to buy hardware during the bull run now teeter on bankruptcy. trib.al/5ZaeXAZ

@JBSDC @CFTC agree, although the act defines commodities as anything (except onions and cinema ticket receipts!) "in which contracts for future delivery are presently or in the future dealt in." that's p much all crypto, no?

@Rob_Stevens_ @CFTC Recapitulation of it still noteworthy.

Only a handful of crypto companies are buying mining rigs these days. trib.al/8L1mJDi

OpenDAO airdrops SOS token for users of OpenSea's NFT marketplace; the token, unaffiliated with OpenSea, is up ~10x in two days as watchers debate its prospects (@rob_stevens_ / Decrypt) decrypt.co/89325/sos-toke… #a211226p6" target="_blank" rel="nofollow noopener">techmeme.com/211226/p6#a211…