DPW restores hydroelectric plant in upstate NY for crypto mining. That’s good, right? And promotes the AntEater mining rig!
DPW would do far better just selling the electricity locally. This plan doesn’t make sense as a business.
News: Tether pump fails, ETFs rejected, China blocks more exchanges, NotPetya ransomware, how FOMO3D was won, XYO goes Reg A+
The possibility of it being worth someone’s while to just DDOS you is almost never mentioned as a problem with smart contracts.
News: WeChat ban, Virtual Commodity Association, MyHealthRecord and RMIT Blockchain, Venezuela, TRON guts BitTorrent, Inc., Bitfinex/Tether, Deloitte blockchain survey
The FOIA request denial from the CFTC over Bitfinex and Tether is particularly interesting.
Leaked: The KODAKCoin/KodakOne Confidential Offering Memorandum, 21 May 2018
It wasn’t widely circulated — but I have a copy of the KodakOne Confidential Offering Memorandum. The official, authoritative statement of what WENN Digital are trying to sell you.
News: Bitmain IPO, Bitcoin and Tether, Terpin v. AT&T, NVidia hates crypto, Vietman blocks mining rigs, Playboy v. GBT, Ethereum Ponzis, Bitcoin bail, Maersk v. shipping industry
Bitcoin explained: “imagine if keeping your car idling 24/7 produced solved Sudokus you could trade for heroin.”
Unikoin Gold and investment lawsuits — the 506(c) SAFT ICO that didn’t bother checking accreditation
To be fair, even an accredited investor should realise that if you’re buying “unicorn gold,” the name might be a warning sign.
SEC v. Tomahawk: “Free” ICO tokens constitute a sale of securities
ICO tokens are (almost certainly) securities — and “free” promotional bounties are a sale of securities.
News: $3b Bitcoin scam, BitConnect, Tezos ruling, bad ICO news, BitFi, Augur, Voatz
Alli and I really need to get on with the T-shirt and merchandise selection.
The JPEG Committee is “exploring Blockchain” — to put DRM into JPEG
Advancing the cause of DRMed JPEGs with a bit of applied blockchain.
The OKEx margin trading disaster — how crypto margin trading goes wrong
How the eye-watering margin leverage on crypto exchanges works in practice, and what happens when things go wrong.