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Bad crypton news of the week

May 24, 2020

It’s been a good week for Bitcoin. The halving does not appear to do any harm to the main cryptocurrency as the dollar’s value rose more than 8% from the previous week. Ethereum has increased over 10%, This shows that the possibility of blockchain-based solutions is still very important. If you are taking this opportunity to issue digitized tokens or assets and are seeking legal advice on securities and regulation, you should speak to Josh Lawler from Zuber Lawler law firm. They sponsor the Bad Crypto podcast and are specialists in technology development, including blockchain.

One person who understands blockchain even better than Josh Lawler is Satoshi Nakamoto, and it seems the mysterious inventor was busy. Fifty bitcoins, which were mined just a month after the start of Bitcoin’s main network, were moved to two different Bitcoin wallets. It is not certain whether Nakamoto’s coins are hiding, but eleven years ago, few people mined with the original Bitcoin client. Craig Wright said he didn’t move the coins, which is a problem because he also told a U.S. court. that the address belongs to him. Oops!

In a further mysterious step, approximately $ 6 million was “saved” to STEEM in an anonymous transaction on Bittrex. The tokens of 64 STEEM accounts should be moved to an account called “community321” as part of a junction to prevent “malicious attacks” on the network. The account asked Bittrex to return it.

Bad crypton news of the week
Bad crypton news of the week

And in an even stranger move YouTuber Vin Armani has sent his family to the Northern Mariana Islands. He is preparing for the apocalypse Zombies of the corona virus.

With all this strange movement, it is refreshing to read a movement that has not taken place. BlockFi has reported a data breach. But no customer funds were lost, he says, which is more than Steems fork can say.. And it turns out that ISIS doesn’t really get Bitcoin to fund its evil methods. He doesn’t even have $ 300 million in a secret war chest.

In the congress The “Advanced Blockchain Law” calls for a survey on the use of technology and its introduction in the USA. Brett Guthrie (R-KY), who introduced the bill, is concerned that China will take the lead in the new technology.

Congress is not the only place where the blockchain becomes political. The Global Blockchain Council of the World Economic Forum has published its prison principles, a kind of bill of rights for blockchain. The 16 principles include ensuring that participants understand the risks and benefits of blockchain technology. that they can create, manage and store cryptographic secret keys independently; and that you can be sure that your data is protected. It would certainly be good to see China adopt a Bill of Rights.

The principles could help protect buyers and sellers at Shopify. The e-commerce platform now accepts cryptocurrency transactions with CoinPayments.

In other news, Ben Mezrich, the author of Bitcoin billionaires, a book about the Winklevoss twins, has written an episode of the billion dollar show. The episode focuses on a mining farm in a boarding school. However, this boarding school is not Hogwarts. J.K. Rowling still doesn’t understand Bitcoin, even though she tried.

And finally, Philip Euphrates Roqueforte (we’re pretty sure this isn’t his real name), Coinstools Chief Operating Officer, or POO (and we’re pretty sure that’s not his real title) announced the first part of Coinstool 50. It’s just a start, so it looks like Roqueforte is pushing her for a while.

Joel Comm He is an internet pioneer, best-selling author of the New York Times, futuristic speaker and co-moderator of the Bad Crypto podcast. It’s a fancy way of saying that spells words, says things, and likes to play with cryptos.

The views, thoughts and opinions expressed here are solely those of the author and do not necessarily reflect or represent the views and opinions of Cointelegraph.