El Salvador: Bukele goes full dictator, Chivo theft, Bitcoin Towers
Bitcoin is not the biggest problem in El Salvador right now — it’s Bukele using the gangs to go as full dictator as he thinks he can get away with.
Tag: bitfinex
News: Crypto crime statistics, Axie Infinity hack, Kevin Roose debunked, Lightning Network speed, NFT lawsuits
I shall henceforth be calling Bitcoin mining “extreme bingo.”
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.
Could Morgan and Lichtenstein have done the 2016 Bitfinex hack? I’m not ruling it out
The hack reeks of social engineering for insider information, not sophisticated computer science brilliance.
News: El Salvador phone tapping, Bitcoin in Tonga, Associated Press NFTs, books
President Bukele’s office denies everything, and doubtless won’t rest until they find the real hacker.
News: El Salvador volcano bonds to sell for tethers, Bitcoin didn’t cause Kazakhstan riots, lawsuits on the blockchain, MobileCoin live on Signal, Craig Wright sued again
Bitfinex Securities will not charge a fee for this. They’re just being nice, see.
News: Dead Man’s Switch broadcast, Australian regulation, NSW housing, gaming NFTs, Jean-Louis van der Velde of Tether
Bitcoin fans are gullible. Talk to them about the future of money, throw in a few buzz words and they believe any garbage.
El Salvador: A $1 billion Bitcoin bond, to set up … Bitcoin City!
The Bitcoin City plan is a recycled version of a previous plan to lease 10% of El Salvador to China.
Tether’s bad month: CFTC, Bloomberg, Reggie Fowler
Large crypto traders stick by Tether because there’s nowhere else for them to go — Tether is the only game in town.
The CFTC settlement with Tether and Bitfinex: $42.5 million in fines
Clearing down the backlog. There’s plenty more Tether here to come …