News: more coal-powered Bitcoin mining, Colorado vs. ICOs, Bitfinex withdrawal issues, the decline of “blockchain”
Bitfinex’s banking arrangements are fine — so long as you don’t try to get your money out.
Attack of the 50 Foot Blockchain
Blockchain and cryptocurrency news and analysis by David Gerard
Bitfinex’s banking arrangements are fine — so long as you don’t try to get your money out.
“The market can stay irrational longer than you can retain hope for humanity.”
The Bitfinex crypto exchange has discovered a truly remarkable solution to its banking problems — but don’t tell anyone. ‘Cos snitches get stitches.
If a dollar costs 85 cents … you have to wonder what’s up with that dollar.
“Cryptos Drop Day After Summer Solstice = Occult Manipulation?” um, ok
Plus good papers, opinion pieces and followups. And why surveys claiming amazing mainstream crypto uptake!! are made-up rubbish. Also, go hear Edmund Schuster and Angela Walch on Tuesday afternoon.
The FOIA request denial from the CFTC over Bitfinex and Tether is particularly interesting.
And there’s a Wikipedia article on the Kodak KashMiner.
No, there wasn’t a double-spend on Tether — just an exchange error. And the Lightning Network still doesn’t work. And don’t forget Intelligence Squared on Monday!
“I hate these extremely rare occurrences of crypto exchanges getting hacked once a week.”