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Cryptonauts, we love ya. Keep on sailing over that event horizon to a better future for us all. free from our fiat printing kleptocrats.
Crypto in today's FT! The crypto news that dare not speak it's name -
Kwasi is doing a "shock treatment" on the UK CLEAR!!! The UK is also printing a half billion for a NHS funding.
The Uen, the canary in the Modern Monetary Theory coalmine, is looking VERY sickly. Japan sold dollars for the first time since 1998.
The Bank of England is fighting with Treasury, unable to agree on rates decision. THAT's funny, it mimics the general fundamental analytic incongruence !! Consumer confidence hits a 1974 low, man that's low.
Turkey cuts rates ahead of an election despite 80% inflation.
The US Fed says gonna be a hard landing.
OK, THIS is cool - Damien Hirst, an artist who comes and goes in favor, sometimes photorealistic. 
Crypto that says crypto! Sammy's scuffle with the strange FCA attack on FTX AND on phone numbers that have nothing to do with FTX. 
That's about it for print crypto in the FT. The real story is as always, online. Hey it's FRIDAY!! we get the cryptofinance newsletter. First up: Jesse from Kraken resigns!!: 
Powell was an outspoken critic of "woke" politics. The Kraken culture pledged cult-like allegiance to the Mission. Jesse once said Kraken employees had first world problems - like if ya identify as a different race, can you then use the N-word??
Trabucco bought a boat, plenty of jokes about was it Su Zhu's "wow plenty" yacht. Not in the FT: 
Kraken is under investigation about Iran sanctions. Jesse called Ofac's attack on Tornado Cash "unconstitutional."
in tradfi, exciting CEO's are replaced by boring ones. But Jesse is gonna keep talkin.
Who is still leading on social media?? Sammy Fried, COINBASE Brian, and Lunatic Mikey Novogratz & Galaxy.
story: Not as young as supporters say? , many crypto players love the history, crypto is an idea bound to happen. E-cash started in 1990, FT.
Jesse was a lot of fun. Reading just his RECENT quotes, he is flinging red pills like a crazed monkey, firing at Fauci rewriting history, upset over porno for two year olds, and saying the big picture of ESG shows Bitcoin is a lot better than governments. We really hope he DOES stick around, dragging that Overton window as hard as he can.
The FT misses the traditional tech point - Pioneers who can run, build fast and change, are NOT the guys ya want running the place once things settle down. TradFi hasn't had anything like that ever. It is totally natural for Jesse to step on.
Jamie Dimon is famous for having execs step in for him while he does an emergency heart operation. Write an article about how $#(*$&#@$(*#&!!! NUTS HE is to go back to work so hard. What will he gain beyond what he has??
We don't care about Moro going down over the sloppy multi billion loan.
We DO care about the FT lying about why 3AC went down. Hint: it wasn't their brave bet on Bitcoin. FU indeed for that lie, which was deliberate. Dear readers know that 3AC made three hilarious giant wrong bets. Big #1 was LUNA, big #2 was staked ETH, and #3 was a regulatory arbitrage FAIL that Greyscale's fund would gain approval and move up. They then complicated the bets by leveraging them with EVERYONE they could, plus they actually ran the stETH through degen loops like on AAVE to lever EVEN MORE. Don't pin that monkey biz on BTC, FT. Two out of 5 FU's just for the BTC slur and the youth lie.
Next item: Wintermute 160 million hack, but they have 320 million left and will keep going.
The FT just copypasta's the story from web3isgoing great. Which is a shame, as dear readers know we love the funnies - and they are HERE baby!! Not in the FT, two big funnies. Wintermute are apparently total fumblebucks!!! in July WM sent the WRONG ADDRESS to Optimism, who then sent 20 million OP to the wrong address. Some intrepid hacker found out first and took most of them, then gave a lot back.
THIS hack only happened because Wintermute used a vanity address, namely starting with 0x0000000. Oh that's cute, like working in NYC in the 10001 zip code!!! Sort of. Except vanity addresses may be generated by a tool named Profanity. And the REAL head of security over at , Mr. Gupta, plus smart folks at , say Profanity generated wallets can be brute forced. Slowmist, the experts, confirm they think the Wintermute wallet WAS generated by Profanity. Let us note that Profanity and Wintermute are lousy brand names, attracting bad news.
Next, a rehash of the SEC case against Ian the influencer, who ran his own personal ICO and is going down, even as the SEC claims that PoS means they ARE the law in these parts. The FT quotes commentators being worried about ETH's "censorship resistance" credentials. The real story: we read a LOT of ETH papers today. We now firmly believe ETH's security and censorship resistance is NOT an issue.
announces a new board with bigwig ex-reghammerers. CZ sez this is a "testament to our focus on compliance." The FT links to their previously massively biased stories about BINANCE having trouble with regulators. Our fav - dear readers know Binance paid the Netherlands chump change in a fine and became legit with the Dutch at that time. Somehow the rabid crypto haters at the FT view that as an argument with a regulator. Funny, it was a
The Crypto Council for Innovation gives out an award, boring.
printed a warning against trading Terra 2.0. The FT thinks this is very funny, just like eating Fugu fish. FU, FT, heed the Japanese - those who eat Fugu fish are crazy, but those who do NOT eat Fugu fish are crazy too, and sad. Elsewhere in the FT, most UK health problems come from poor diet, so STFU.
Finally, Tether is under more pressure from NY courts, along with Bitfinex, to provide more backing docs. On the up side, trading on the pair for USDT/BTC has almost tripled this quarter. Great joy, the FT says USDT lost their peg this year. THAT's a CORRECTION compared to the usual FT lie that USDT "snapped" the peg. a lie, tho. USDT redeemed every red dollar ever asked for. The of USDT sagged on some exchanges ( who may have just been profiteering.)
Overall, , but TBF thanks, we are hungry for ANY crypto in the FT. Still, the headlines - censorship woes for ETH and "interesting" warning for Binance, just bother us. ETH is secure, more now than ever. The Binance warning is totally normal.
And 3AC did NOT go down from "brave bets on bitcoin." And Wintermute is FUNNY!!
AND, we love crypto people. AND, we gotta pass out now.
