Send in the Tether clones: TrueUSD, a “USD-backed stable cryptocurrency”
TrueUSD is a dollar-substitute cryptocurrency token that’s directly aiming itself at Tether’s user base.
Author: David Gerard
News: Kleiman v. Wright, Playboy TV, SEC vs crypto hedge funds, Coinbase gets UK banking, Bitfinex’ed hires Palley, Mt. Gox the Movie, Twitter bans
Featuring the trailer from Effortless French, a.k.a. Mt. Gox the Movie.
Google bans ads for dodgy financial “products,” including cryptos
After the Facebook ban, nobody should be surprised that Google AdWords is banning crypto ads too — along with several other dodgy financial “products.”
“Everything to do with cryptocurrencies and blockchains is the domain of fast-talking conmen.”
Elizabeth Sandifer was right (as usual) about the importance of a book having a good last line.
News: don’t pay ransomware, China, Japan, ICO plagiarism, fake exchange volume, cryptid-currency
Plus some good recent opinion pieces, and book news.
Mt. Gox crashes Bitcoin a second time, and there’s more to come
What crashed the price of Bitcoin in December, January and February? The Mt. Gox exchange’s bankruptcy trustee selling off the remaining coins to reimburse creditors, looks like.
Kodak pt 5: KodakCoin ICO Light Paper finally released!
WENN Digital have finally released their long-awaited KodakCoin ICO Light Paper! I go through this SAFT in detail. Summary: lol.
News: Kraken loses Japanese banking, Marshall Islands issues crypto, Québec vs miners, UK Labour vs cryptos, failed ICOs, Bitcoin usage declines, BTC Global
“The traditional banking partners that Kraken needs to work with are not able to keep up with the demands of the growing Bitcoin economy” — not Roger Ver, but what Kraken actually just claimed.
ICO tokens won’t fix journalism either, and certainly not with company scrip
Journalism is desperate for a way to survive economically. But ICO tokens predicated on automating away the human element probably aren’t it.
News: Financial Times, UK Parliament, SEC, Overstock, GDPR, France, Kleiman vs Wright, Lightning Network, IOTA
The big news: the SEC finally gets into asking ICO promoters what the hell they were thinking.