Tornado Alley (PROG)

[fuagf]

Beyond the Bitcoin Bubble

2014 - "Kids Are Using Bitcoin to Buy Fake IDs Online"

Yes, it’s driven by greed — but the mania for cryptocurrency could wind up building something much more important than wealth.

By STEVEN JOHNSONJAN. 16, 2018

https://www.nytimes.com/2018/01/16/magazine/beyond-the-bitcoin-bubble.html

Long and 'heavy'. Keen interest? Somewhat clued in already? Settled? If so
press go to that one. For me it could take years. LOL anyway, here's more.

--

Why does everyone keep talking about Blockchain?

Jonatan Alava For Technology’s Sake Jan 8

https://blog.hellobuild.co/why-does-everyone-keep-talking-about-blockchain-ed4b5acb03dd?gclid=CjwKCAiAqIHTBRAVEiwA6TgJw60fYV2YWTZtGjAEknXSJFDz7rphOUIhnK2wiYOuIZ1z-yfeucjVrhoC5UcQAvD_BwE

--

The First Blockchain ETFs Launched on Nasdaq, NYSE Today

Nikhilesh De Jan 17, 2018 at 15:00 UTC

Reality Shares Advisors and Amplify Trust ETF launched the first blockchain-based exchange-traded funds (ETFs) on Nasdaq and the New York Stock Exchange Arca today.

Both funds went live on their respective exchanges at 9:30 a.m. EST. Reality Shares' Nasdaq NextGen Economy ETF (BLCN) opened at $24.20, while Amplify's Transformational Data Sharing ETF (BLOK) started closer to $20.

Both ETFs will exclusively invest in blockchain-based companies, according to a previous CoinDesk article. When the prospectuses were first filed in November 2017, the companies noted that investing in blockchain startups could be risky, as there are few regulations on the technology and companies may not necessarily turn a profit.

However, the prospectuses also noted that the funds would only invest in companies with a market capitalization of greater than $200 million and which had a six-month daily trading average of at least $1 million.
https://www.coindesk.com/the-first-blockchain-etfs-have-launched-on-the-nasdaq-exchange/

--

Bitcoin Crashes to Below $10,000 as Cryptocurrency Scams Scare Investors

[VIDEO: fears of regulation crackdown in China and South Korea. Major hacks recently. Millions disappeared overnight.]

By Jen Wieczner January 17, 2018

[...]

Although hacks and scams have plagued cryptocurrency exchanges worldwide, even afflicting leading platform Coinbase, the San Francisco-based exchange that has been likened to the industry’s “Goldman Sachs,” a new report this week also shone a light on the acute threat facing South Korea. Recorded Future, a cybersecurity firm, published an analysis Tuesday laying out evidence that North Korean hackers—the same group, known as Lazarus, blamed for the infamous hack of Sony Pictures Entertainment in 2014—were systematically targeting and plundering South Korean cryptocurrency exchanges.

Meanwhile, hackers used a different method of attack last weekend to steal $400,000 worth of the cryptocurrency Lumens, used on the Stellar digital payment system, from an online wallet service called BlackWallet. The wallet service has been offline ever since.
http://fortune.com/2018/01/17/bitcoin-bitconnect-price-scam/