Crypto collapse: Fortress custody hack, Binance stonewalls SEC, FTX to dump its crypto, Genesis sues DCG, New York restricts crypto listings
The hardest part of crypto custody is that every crypto company appears to be run by Bozo the Clown.
Tag: michael novogratz
News: blockchain MEP Eva Kaili corruption arrest, Nigerian CBDC rewrite, BBC blockchain misadventures
RMS Titanic NFTs: You wouldn’t download a corpse.
News: World Wildlife NFT, Diem sale details, ECCB DCash offline
Admittedly, NFTs are not as bad as that time the WWF ended up funding mercenaries to rape, torture and kill suspected poachers. Whoops!
News: DRM on JPEG images on the blockchain, BlockFi user data breached, TornadoCash mixer goes full DAO, the plant cuttings asset bubble
If you could put two flies crawling up a wall on the blockchain, I’m pretty sure crypto day traders would bet on fly futures.
News: Numbers go down, MakerDAO, but mostly coronavirus
You can’t buy pies with bitcoins. Or respirators.
News: NY AG on Bitfinex/Tether’s New York ties, Craig Wright tries to move Kleiman v. Wright, IRS on criminal investigations into crypto, regulators still hate Facebook Libra, Trump vs Libra and Bitcoin, more crypto exchange hacks
Perhaps iFinex can argue that two plus two only appears to make four, when actually it makes three, or five, or six hundred and sixty-six.
News: Georgia state senator jailed over Bitcoin miners, Bitmain CEOs, stablecoin money laundering, FCA, Kleiman v. Wright, Deltec and Tether, notes from the crash
“In reality, ‘blockchain’ has always just been an attempt to ride crypto’s cool factor. So if coins crash, people stop caring about blockchain.”
Everipedia: The Wikipedia for being wrong … but on the blockchain
Everipedia is not going to revolutionise the world of knowledge production.