News: Crypto crime statistics, Axie Infinity hack, Kevin Roose debunked, Lightning Network speed, NFT lawsuits
I shall henceforth be calling Bitcoin mining “extreme bingo.”
Tag: lightning network
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: Square goes Block, Wikipedia NFT, El Salvador Bitcoin City plans, where the Chinese mining rigs went
“Sound stupid? Great, you’re all caught up.”
Bitcoin myths: immutability, decentralisation, and the cult of “21 million”
Decentralisation was always a phantom. Every process in Bitcoin tends to centralisation. Plus: a history of Bitcoin Cash.
El Salvador passes its Bitcoin Law — and it’s a Tether scam
The El Salvador Bitcoin scheme is a barely-planned smash-and-grab.
El Salvador to adopt proprietary payment network denominated in Bitcoin
Dictators are good news for Bitcoin, as long as number goes up. The Lightning Network is also involved.
News: Coinbase goes public, Bitcoin hashrate goes down, NFTs go down, proof-of-space trashes hard disk market
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News: McAfee and BitMEX busted, don’t pay your ransomware, Morgan Beller leaves Libra, SEC beats Kik
Crypto asked for regulatory clarity, and they’re getting it! Good and hard.
News: London Football Exchange and Perth Glory, Ripple pays MoneyGram to be its friend, Libra not dead, IOTA still halted, Sweden’s not-a-CBDC
“I think sophisticated market investors can judge for themselves if 2+2 makes 5, or even 6. As Bruce Springsteen sang, ‘it’s just like Sister Ray said.’”
News: Hester Peirce and Bruce Springsteen, the $350,000 DeFi hack, FCoin exchange collapse, Voatz still bad, IOTA still broken, merchants still nonexistent
“It has been [0] days since the last inexplicably rare loss of customer funds from a Bitcoin exchange”