El Salvador: Chivo Network back end leaked; 200 Athena ATMs; Bitcoin Trust Fund law
Yesterday: a leaked diagram of the back end for the Chivo network. Today: the law to set up the Bitcoin trust fund.
Author: David Gerard
“I don’t like crypto, but blockchain is revolutionary” bingo card
From Reddit /r/buttcoin, by Its_Raining_Giraffes. Reposted with permission.
News: Facebook abandoning Libra/Diem, Soulja Boy vs. Atari, Kurson arrested again, El Salvador
The Diem Association is “effectively a zombie organization.” Ya think?
El Salvador Bitcoin Law: draft bank regulations released for consultation
BCR won in negotiations with the government. Bitcoin will be allowed into the financial system only insofar as it’s regulated to the hilt. It could never have been otherwise.
El Salvador and Bitcoin: news, gossip, rumours and reading the tea leaves
El Salvador’s Bitcoin Law takes effect on 7 September! Is everything in place and ready? Of course it isn’t.
News: the Senate has mild contempt for Bitcoin, Tether and USDC attestations, DeFi Money Market and Poloniex settle with SEC, Poly Network hack
Bitcoin is anti-fragile! Except against governments.
News: El Salvador, Binance vs Malaysia, Goldman Sachs non-blockchain ETF, Virgil Griffith
Withdrawals are temporarily unavailable due to unscheduled scheduled maintenance. Funds are absolutely safe.
Tether criminally investigated by Justice Department — When The Music Stops podcast
Number go up! Because there’s trouble at Tether.
News: El Salvador Colón-Dollar, everybody hates BlockFi, Tether does CNBC
“One of the downsides of being both incompetent, unscrupulous and greedy is that you become very predictable.”
Summer reading for the cryptocurrency skeptic: part 1
Phew, what a scorcher! Why not sit back with a book or ten on the most fascinating subject in the world: financial shenanigans.