Happy Thursday, Blockfolians
Yesterday, it turns out, was insane. In our Highly Relevant Reading we mentioned that Coinbase and Gemini had been compromised. Turns out, it was friggin’ everyone.
The narrative, predictably, was all about a “bitcoin scam.” Here’s what we think about this.
In fact, we feel strongly enough about this that we wrote an entire blog post about it.
Still, for all the crap, it was hard not to be excited about this message from a sitting member of Congress.
To learn more, check out this amazing timeline from The Block
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Highly Relevant Reading
Remember that IRS deal with Coinbase that people we’re getting pissed about? It’s on.
A Canadian startup has accused ConsenSys of stealing its code. Rough.
Zcash has executed a planned hard fork that makes mining private
Research suggests that the hacker was an avid BitMEX user
The man isn’t wrong.
A Really Unimpressively Small Number We Should Be Paying Attention To
That’s the total amount of all the BTC received by the hackers. Doesn’t really seem worth the effort tbh.
Now THAT’S the response we were looking for.