- The tale of Josh Garza and GAW Miners comes to an end. Well, almost; sentencing was to be in a week or so, but may wait until next year. Note that this is all about the SEC acting against the GAW Miners scam; they haven’t even got to PayCoin yet. There’s a novel-length story to be written about Garza, mostly on the theme that cryptocurrency is like catnip for serial scammers.
- Russia works to ensure that Bitcoin can flourish free from interference by legacy financial institutions. 1BTC=1BTC!
- Australia issues general guidance on how to conduct an ICO without breaking every law going. Here’s what this means. (HT Jeremy Byrne.)
- Tether finally releases its not-quite-an audit report! It’s not an audit, and says it isn’t. It doesn’t show anything to demonstrate that Tether is solvent. (r/buttcoin coverage?) But this is apparently all they have to show. “Bitfinexed” analyses it in detail.
- “You can replace the term ‘distributed ledgers’ with ‘shared Excel sheets’ in about 90 percent of talk about blockchain and finance” — Tracy Alloway. (See chapter 11 of the book.) FaunaDB uses the term “blockchain” with more honesty than most: “Distributed Ledger without the Blockchain.”
Catalan independence referendum protecting ballots with the blockchain pic.twitter.com/2WLLRfr2wv
— rich text. (@mendel) October 1, 2017
Your subscriptions keep this site going. Sign up today!