News: SEC getting annoyed, KodakCoin ICO doesn’t launch, Samsung mining chips, crypto and your security clearance, an incompetent Ponzi

• “When an ordinary person loses 10, 15, 25 grand, that makes a material difference in their lives and that’s bad,” says Jay Clayton, the head of the SEC, looking at cryptos and preparing his collection of sledgehammers, falling pianos and tons of bricks.

• Kevin Roose at the New York Times rips the KodakCoin ICO to shreds, and includes a comically meaningless diagram from the white paper. Matt Levine from Bloomberg quotes select portions with commentary. No, nobody who entered their email address has received their “Lite Paper” as yet. The ICO won’t happen for “several weeks” while the company sorts through the 40,000 “potential investors expressing an interest in the ICO,” which presumably means “people who asked for the lite paper.”

 

 

• Samsung is manufacturing Bitcoin mining ASICs (translation) for an unspecified Chinese miner.

• If you have a US security clearance, you need to disclose any crypto dealings — it counts as holding foreign currency.

• Tor-to-Web proxy onion.top was caught replacing Bitcoin addresses with its own address — but only on ransomware payment sites.

• Ethereum was invented to serve as an immutable public ledger of simple yet costly programming errors. Yet another “joke” Ponzi scheme coin is fully up to industry standard programming ability — a simple bug has locked up all the ether, about $1 million worth. Testnet, what’s that? YOLOOOO! And people are still sending them money!

• Can I Buy A GPU Yet?.xyz

• An accountant with experience of both cryptocurrency and auditing calls BS on Bitfinex/Tether’s statement about its breakup with its auditors.

• A Tether first: 30 million tokens destroyed!

 

https://twitter.com/Bitfinexed/status/958722551999598592

 

• If you’ve bought the Google Play Books PDF of Attack of the 50 Foot Blockchain — if you read it in the browser, does the “Download PDF” option work for you? Go to this page, select “My Books” at left, you should see it there — please click on the three vertical dots, see if downloading works for you and let me know.

 

this is the buttcoin we deserve https://t.co/oe3J0E5wKk pic.twitter.com/YR376PfWk5

— Buttcoin (@ButtCoin) January 31, 2018

 

This is just to say
I'd forgotten
the plums
that were in
me

and which
you were probably
saving
for breakfast

Forgive me
I was mining
Bitcoin
They're warm now

/Your internet-connected intelligent fridge

— Micro SF/F stories (@MicroSFF) December 2, 2017