Very uncool Ledger - you effectively force anyone to buy and enter the seed into a new device. Ledger Nano S is fucking goated. I understand you're a business but don't play with backwards compatibility guys (many rely on LNS!). You're one of the few trusted parties out there and now you start censoring new features & access because of business rationale. Fucking uncool. https://developers.ledger.com/docs/news

BIG NEWS: Federal appeals court says Treasury overstepped its authority when sanctioning immutable smart contracts deployed by the @TornadoCash devs because they are NOT property of a foreign person or entity. "The immutable smart contracts at issue in this appeal are not property because they are not capable of being owned. More than one thousand volunteers participated in a “trusted setup ceremony” to “irrevocably remov[e] the option for anyone to update, remove, or otherwise control those lines of code.” And as a result, no one can “exclude” anyone from using the Tornado Cash pool smart contracts. In fact, because these immutable smart contracts are unchangeable and unremovable, they remain available for anyone to use and “the targeted North Korean wrongdoers are not actually blocked from retrieving their assets,” even under the sanctions regime. Simply put, regardless of OFAC’s designation of Tornado Cash, the immutable smart contracts continue operating. And furthermore, because the software continues to operate regardless of the sanctions, and the blockchain technology “allows peer-to-peer transfers . . . without requiring the recipient to consent to transfer,” some users may become liable whenever someone transfers them digital assets via Tornado Cash, even without their knowledge or consent." Further, OFAC's longstanding practice of including "contracts" and "services" as property doesn't apply here, because these smart contracts aren't contracts or services. On the services point, "No human effort is expended by the immutable smart contracts. And even by the Department’s definition, the immutable smart contracts, which are nothing more than lines of code, are less like a “service” and more like a tool that is used in performing a service. That is not the same as being a service.” Moreover, they aren't ownable, so even under OFAC's own regulations they aren't property that can be sanctioned. In sum, they cannot be blocked under federal law. They certainly can't be blocked as an exercise of OFAC's discretion. This does NOT mean that the rest of Tornado Cash is out of bounds for Treasury/OFAC too. The issue was about smart contracts with no admin key. A good win. One which the Supreme Court would be unlikely to reverse. Another case where Loper Bright helped because the court wasn't required to defer to a permissible reading by the agency. Kudos to @coinbase (@iampaulgrewal) for being a big driver of this.

gm, Kiwi received a mini-grant from @ensdomains! Thanks, ENS! We are happy to keep using ENS to display users' names, descriptions, avatars, and links on their Kiwi profiles (picrel) PS: If you'd like to learn more about using your ENS on Kiwi, click on the quoted tweet👇

🤔 How did Farcaster, a small crypto/Web3 version of Twitter, just raise $150M at a $1B valuation? Dune Analytics says they have 45k daily active users, which is microscopic. But even that number is MASSIVELY inflated by spambots. How & why I think @a16z is siphoning money 🧵

A Bitcoin OG holding at least 80,009 $BTC($8.69B) woke up after 14+ years of dormancy and transferred out 40,000 $BTC($4.35B) today! This OG controls about 8 wallets, 2 of which received 20,000 $BTC($15,600 at the time, $2.18B now) on April 2, 2011, when the price of $BTC was 0.78. The other 6 wallets received 60,009 $BTC($202K at the time, $6.52B now) on May 4, 2011, when the price of $BTC was $3.37. Today, 4 wallets transferred out 40,000 $BTC, while 4 more wallets remain dormant. Address: 1KbrSKrT3GeEruTuuYYUSQ35JwKbrAWJYm 12tLs9c9RsALt4ockxa1hB4iTCTSmxj2me 1P1iThxBH542Gmk1kZNXyji4E4iwpvSbrt 1CPaziTqeEixPoSFtJxu74uDGbpEAotZom 1f1miYFQWTzdLiCBxtHHnNiW7WAWPUccr 1BAFWQhH9pNkz3mZDQ1tWrtKkSHVCkc3fV 14YK4mzJGo5NKkNnmVJeuEAQftLt795Gec 1ucXXZQSEf4zny2HRwAQKtVpkLPTUKRtt

We created the world's first and only fully anonymous on-chain DAO with token-weighted voting. Everything about the DAO is anonymous. DAOs are meant to be political and subversive. • The DAO cannot be seen on-chain. It's looks like random data. • The treasury is dark. Payments to and from are unlinkable and amounts are hidden. • Voting tokens owned by members are anon. You cannot see who is a member nor what shares they hold. • Proposals are anon. You cannot see which DAO they belong to. Nothing is revealed. They are invisible. • Voting on proposals does not reveal your identity. The vote and its amount is invisible. • Any smart contract can be called such as sending funds from the treasury. • DAO actions remain hidden. For example payments reveal nothing about the treasury, and the receiver stays anon. Everything is dark. In 2020 there was a story about squad wealth, democratic empowerment and the (3, 3) meme. DAOs were envisioned as the post-corporate online future for mobilization and wealth creation of communities. This vision got stuck and eventually fizzled out. DAOs are subversive. DAOs must be anonymous. Imagine an authoritarian regime comes to power. They are oppressing your people. With an anon DAO, you can mobilize as a squad to resist and defend freedom. But with a transparent DAO, the regime's secret police will arrest you. In many countries this leads to torture and execution. More than ever we need anonymous DAOs to defend freedom. Lets create the future internet. Lets create free society. Globalism will end. Its time we got serious. With anonymous DAOs squads form an on-chain orgs. This org has governance rules in the contract. The DAO can raise funds for a cause. Then the funds are managed by the team. Anon DAO members are anonymous, uncensored and sovereign. Cryptocurrency's promise was to deliver the economic paradigm of the internet. But we're not there yet. Nobody wants to setup their company on a transparent blockchain. This makes DAOs useless. > "We’ve reached the point where if we take further steps on privacy, that harms the advertising industry and the things that we think are useful and contribute positively to the web, but also has a whole bunch of collateral implications," says Martin Thomson, a distinguished engineer at Mozilla. Instead we see Firefox say this. The tech industry depends on surveillance and data harvesting, manipulating people with psychology to make you addicted and click ads. It's perverse and wrong. Instead cryptocurrency offers the path forwards. Finally tech can be political and subversive. Tech is able to flourish and be useful for people. Anon DAOs are only the first step. Online orgs need anon tooling for tasks, documents, collab and much more. DarkFi is the only team in crypto working on this. Everyone else is captured chasing narratives and liquidity. They forgot the true power of cryptocurrency. Expect us. Let there be dark. ▽