{"id":1616,"date":"2017-10-26T22:06:26","date_gmt":"2017-10-26T22:06:26","guid":{"rendered":"https:\/\/davidgerard.co.uk\/blockchain\/?p=1616"},"modified":"2018-04-25T18:24:50","modified_gmt":"2018-04-25T18:24:50","slug":"news-bitcoin-gold-craters-coinhive-dns-hijack-crypto-vs-credit-regulatory-sandboxing-australia","status":"publish","type":"post","link":"https:\/\/davidgerard.co.uk\/blockchain\/2017\/10\/26\/news-bitcoin-gold-craters-coinhive-dns-hijack-crypto-vs-credit-regulatory-sandboxing-australia\/","title":{"rendered":"News: Bitcoin Gold craters, CoinHive DNS hijack, crypto vs credit, regulatory sandboxing, Australia."},"content":{"rendered":"<ul>\n<li>How&#8217;s <a href=\"https:\/\/davidgerard.co.uk\/blockchain\/2017\/10\/06\/bitcoin-gold-a-new-bitcoin-full-history-fork-on-the-gpu-bitcoin-core-claims-bitcoin-and-btc-names\/\">Bitcoin Gold<\/a> going? Well, <a href=\"https:\/\/np.reddit.com\/r\/ethtrader\/comments\/786mnr\/bitcoin_gold_has_been_lying_on_their_webpage\/dorps2y\/\">the code doesn&#8217;t actually build yet<\/a>. If only they&#8217;d understood <a href=\"https:\/\/bitcointalk.org\/index.php?topic=118251.0\">the function of #include<\/a>! Also, there doesn&#8217;t appear to be any mining or a publicly available blockchain. Even <a href=\"https:\/\/bitcointalk.org\/index.php?topic=2253633.0\">Bitcointalk<\/a> wasn&#8217;t impressed. It&#8217;s interesting to see the &#8220;free money fork&#8221; model fail on literally the second attempt.<\/li>\n<\/ul>\n<ul>\n<li>Website Monero miner CoinHive&#8217;s <a href=\"https:\/\/torrentfreak.com\/pirate-friendly-coinhives-dns-hacked-user-hashes-stolen-171025\/\">DNS gets hijacked<\/a>, and the mined coins with it. Sorry for their loss.<\/li>\n<\/ul>\n<ul>\n<li><a href=\"https:\/\/ftalphaville.ft.com\/2017\/10\/23\/2195143\/do-crypto-enthusiasts-fear-credit\/\">Do crypto enthusiasts fear credit?<\/a> <b>tl;dr<\/b> yes, because the <a href=\"https:\/\/davidgerard.co.uk\/blockchain\/the-conspiracist-gold-bug-economics-of-bitcoin\/\">bitcoin ideology<\/a> doesn&#8217;t work or make sense. David Golumbia wrote an entire book (<a href=\"http:\/\/amzn.to\/2ypHz1R\">US<\/a>, <a href=\"http:\/\/amzn.to\/2z9aQuM\">UK<\/a>) on the theme.<\/li>\n<\/ul>\n<ul>\n<li>Why the Financial Conduct Authority&#8217;s &#8220;regulatory sandboxing&#8221; <a href=\"https:\/\/ftalphaville.ft.com\/2017\/10\/25\/2195224\/the-fca-wants-to-have-its-cake-and-eat-it-sandbox-edition\/\">may not work out well in practice<\/a>. With particular application to Distributed Ledger Technology.<\/li>\n<\/ul>\n<ul>\n<li>Australia <a href=\"http:\/\/www.afr.com\/news\/new-law-to-jail-cowboy-bitcoin-exchange-operators-20170821-gy0z4n\">regulated &#8220;cowboy&#8221; Bitcoin exchanges<\/a> a couple of months ago. Sadly, it&#8217;s only about money laundering, not actual utter cowboys like <a href=\"http:\/\/www.abc.net.au\/news\/2016-04-11\/australian-bitcoin-exchange-igot-on-verge-of-collapse\/7315894\">iGot<\/a>, who took retail investors for a ride.<\/li>\n<\/ul>\n<ul>\n<li>I don&#8217;t understand <a href=\"https:\/\/themerkle.com\/life-on-the-blockchain\/\">bitcoin fan fiction<\/a>. Still, at least it&#8217;s not set in Brazil.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Y&#39;all thought I was jokin. I&#39;m forreal leaving these on top of bibles at hotels. cc <a href=\"https:\/\/twitter.com\/NeerajKA?ref_src=twsrc%5Etfw\">@NeerajKA<\/a> <a href=\"https:\/\/t.co\/RbhlMwVuHD\">pic.twitter.com\/RbhlMwVuHD<\/a><\/p>\n<p>&mdash; Steven D. McKie\/ (@Steven_McKie) <a href=\"https:\/\/twitter.com\/Steven_McKie\/status\/921976036392181761?ref_src=twsrc%5Etfw\">October 22, 2017<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><center><a href=\"https:\/\/twitter.com\/Steven_McKie\/status\/921976036392181761\">#notacult<\/a><\/center><\/p>\n<br><br><div align=\"center\"><p><a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\"><img src=\"https:\/\/davidgerard.co.uk\/blockchain\/wp-content\/uploads\/2021\/10\/become_a_patron_button.svg\" alt=\"Become a Patron!\" title=\"Become a Patron!\" width=217 height=51><\/a><br><p style=\"align:center;\" class=\"patreon-badge\"><i>Your subscriptions keep this site going. <a href=\"https:\/\/www.patreon.com\/bePatron?u=8420236\">Sign up today!<\/a><\/i><\/p><\/div>","protected":false},"excerpt":{"rendered":"<p>Interesting to see the &#8220;free money fork&#8221; model fail on literally the second attempt.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[138,129,185,166,29],"class_list":["post-1616","post","type-post","status-publish","format-standard","hentry","category-uncategorised","tag-australia","tag-bitcoin-gold","tag-coinhive","tag-fca","tag-izabella-kaminska"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/1616","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/comments?post=1616"}],"version-history":[{"count":12,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/1616\/revisions"}],"predecessor-version":[{"id":6607,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/posts\/1616\/revisions\/6607"}],"wp:attachment":[{"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/media?parent=1616"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/categories?post=1616"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/davidgerard.co.uk\/blockchain\/wp-json\/wp\/v2\/tags?post=1616"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}