Binance CEO Zhao Morphs Into Bitcoin Grouch in Crypto Twitter Brawl

Bitcoin bull Changpeng Zhao, the CEO of Binance, has earned a reputation as an affable, laid-back guy enjoying the meteoric success of his popular cryptocurrency exchange. But is Zhao’s nice-guy persona merely an act? It seems that way, based on a testy Twitter exchange Zhao (who goes by “CZ”) had with several cryptocurrency reporters this weekend. Fake Bitcoin-Trading Volume Scandal Erupts The brouhaha erupted after Zhao reacted to a bombshell Bitwise report indicating that 95% of spot bitcoin trading volume is fake. “Sadly, most investors who can’t tell real versus fake volume also won’t read such a detailed report,” he

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Crypto Troll Launches Communist Manifesto into Space Using Bitcoin

In a bit of an obvious troll move,  Motherboard used the testnet version of a Lightning Network message embedding service to embed the closing lines of the Communist Manifesto on the testnet Bitcoin blockchain. Obvious trolling is obvious: many in the crypto community are vehemently anti-communist. A strong contingent prefers no government at all, outside of crypto consensus. Communist Manifesto Now Immutably Embedded in Bitcoin Testnet Journalist Jordan Pearson writes: “I used a satellite service from blockchain technology company Blockstream. In 2017, Blockstream launched a service that beams the Bitcoin blockchain down from satellites covering North and South America, Africa,

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$46 Billion Flows into Chinese Stock Market, Should Launch Dow Higher

  Following MSCI’s decision to increase the weight of Chinese onshore shares in its widely-cited emerging market index, over $ 46 billion is set to pour into the stock market of China, a move that could kick the ongoing Dow Jones recovery into an even higher gear. The SSE Composite, which tracks all stocks traded at the Shanghai Stock Exchange, has spiked from 2,464.36 points to 2,994 points since January 3, by more than 21 percent within a 2-month span. It’s Mostly About the Trade Deal, the Same Catalyst to the Dow Jones On March 3, Chinese President Xi Jinping reportedly

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Exit Scam? Mismanagement? Coinbase Digs Into Failed Crypto Exchange QuadrigaCX’s ‘$150 Million Loss’

Brian Armstrong, the CEO of Coinbase, one of the world’s largest crypto exchanges, said that the company conducted internal research on the QuadrigaCX case. QuadrigaCX has been claiming that Gerald Cotten, its CEO, passed away with sole control over its cold wallets containing $ 150 million in various cryptocurrencies including Bitcoin and Ethereum. However, independent researchers claimed that there is not enough evidence to prove the existence of cold wallets operated by Cotten. Armstrong also stated that balances from the QuadrigaCX cold wallets were moved out in early 2018. 1. We identified clusters that look like QCX's "cold storage", were controlled

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