Don’t take me down to Bitcoin City: El Salvador Volcano Bonds delayed
Zelaya blames the war in Ukraine. Did all those buyers disappear? Surely they weren’t all freshly-sanctioned entities.
News: no crypto in 401(k) retirement plans, more Bitcoin ETF rejections, NFTs on Instagram, Jamaican CBDC
“EBSA expects to conduct an investigative program aimed at plans that offer participant investments in cryptocurrencies and related products.”
News: Sanctioned Russians try to dump Bitcoin; no crypto ATMs in the UK; Bored Apes underwear fails; Associated Press NFT plan; football sponsorships; how Facebook’s Diem died
You can’t cash in billions of dollars of bitcoins instantly — but sanctioned Russians are trying.
News: FCA versus UK crypto, Infura sanctions on Ethereum, BitMEX Reed headed for trial, India
This is the cyberpunk future we deserved — the first NFT rugpull by a nation-state.
Foreign Policy: Cryptocurrency Is No Fix for Russia’s Sanctions Woes
The reason is simple and obvious: the actual dollars don’t exist in the crypto trading system.
El Salvador Bitcoin: No naked day-trading; Chivo Pets; AstroCasino
“Oh! Sweet mother of baby Jesus!” — a quote from one Salvadoran on seeing that Twitter video of the NFT casino.
El Salvador Bitcoin: Tether buys itself a country; and why Chivo sucks
El Salvador adopting Bitcoin wasn’t the particular Tether scam I originally thought — but it’s turning out to be a different, and bigger, one.
News: OpenSea phishing attack, BitMEX execs plead guilty, 2016 DAO hacker maybe found, Cryptsy indictment
“Please, God, I don’t ask for much from You. But give me this. A video of a sad cryptobro, trying to get a beat cop to make a police report about his stolen ape jpeg.”
Cryptocurrency, blockchains and markets — Queen’s University Belfast, Tuesday 22 February 2022
I did a talk for William Quinn’s final year fintech class at Queen’s University Belfast. 1 hour talk, 1 hour questions.
News: BBC pulls crypto documentary, sports NFT failures, mining in Siberia
“Does Anyone else working in a crypto company feel this is all a scam?”