News: UST fallout, Central African Republic fallout, Coinbase Custody not safe in bankruptcy, Catalonia and Russian bitcoins
History always repeats, but only the dumb stuff.
Tag: russia
News: Sam Bankman-Fried on DeFi ponzinomics, Grayscale ETF comments, Binance and Russia, El Salvador
You wouldn’t funge a car.
News: Facebook’s Zuck Bucks; Worldcoin wants your eyeballs; Bitcoin miners still can’t sell their coins; NFT gaming fails
“please note how they’ve taken the actual melbourne course design and just … pasted it onto the sydney image. so half the track is underwater.”
News: Crypto crime statistics, Axie Infinity hack, Kevin Roose debunked, Lightning Network speed, NFT lawsuits
I shall henceforth be calling Bitcoin mining “extreme bingo.”
News: Sanctioned Russians try to dump Bitcoin; no crypto ATMs in the UK; Bored Apes underwear fails; Associated Press NFT plan; football sponsorships; how Facebook’s Diem died
You can’t cash in billions of dollars of bitcoins instantly — but sanctioned Russians are trying.
Foreign Policy: Cryptocurrency Is No Fix for Russia’s Sanctions Woes
The reason is simple and obvious: the actual dollars don’t exist in the crypto trading system.
News: OpenSea phishing attack, BitMEX execs plead guilty, 2016 DAO hacker maybe found, Cryptsy indictment
“Please, God, I don’t ask for much from You. But give me this. A video of a sad cryptobro, trying to get a beat cop to make a police report about his stolen ape jpeg.”
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: Twitter hexagons, Binance plays at compliance, Bitcoin Widow tour, Russia
I changed my own Twitter avatar to a pentagon, to show my allegiance to the fiat petrodollar.
News: El Salvador Colón-Dollar, everybody hates BlockFi, Tether does CNBC
“One of the downsides of being both incompetent, unscrupulous and greedy is that you become very predictable.”