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.
Tag: russia
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.”
News: the collapse of Cred, Binance’s cunning plan, new US regulators, Bitcoin miners run out of cash
I ask one thing of you — please review Libra Shrugged!
News: A fool and his money are soon decentralised, Kodak rides again, Ledger data breach, $100k Bitcoin
And Bitcoin nearly hits $100,000! … for a very brief time.
News: Quadriga report, Coinbase VCs want to dump their dead altcoins, India to re-ban cryptos, Civil is dead
And some light summer reading.
Telegram ICO: most Russian investors take 72% payout, Telegram takes $500m of loans
Pavel Durov’s ICO plan went badly enough that Telegram Messenger itself might be affected.
“Thousands” of Bomb Threats in Russia After BBC Links Businessman and FSB with $450 Million Bitcoin Theft
Guest post by Cali Haan. Includes WEX, Alexander Vinnik and BTC-e.