Crypto Weekly: Bitcoin crashes, Tether prints $500M+ USDT and Schnorr signatures explained!
This week in Crypto Weekly we examine the market crash that happened this week, explain what is going on with Tether (USDT) and talk about scaling with Schnorr signatures.
Links on topics mentioned
- Bitcoin crashes: https://www.theverge.com/2018/1/18/16905040/bitcoin-crash-cryptocurrency-value-ethereum-regulation
- Tether hacked (last year): https://www.theverge.com/2017/11/21/16684296/tether-cryptocurrency-stolen-30-million-hack
- Tether prints large sums of USDT: https://www.bitsonline.com/tether-continues-printing-usdt/
- Potential risks regarding Tether: http://fortune.com/2017/12/05/bitcoin-btc-price-usd-tether-limited-bitfinex/
- Bitfinex'ed Twitter account: https://twitter.com/Bitfinexed
- Vitalik leaves Fenbushi: https://techcrunch.com/2018/01/15/vitalik-buterin-fenbushi-capital-exit/
- Greg Maxwell leaves Blockstream: https://bitcoinist.com/core-dev-greg-maxwell-exits-blockstream/
- Schnorr Signature paper released: https://www.coindesk.com/bitcoin-devs-release-long-awaited-schnorr-paper-for-scalability-gains/
I would say the downward trend of BTC also involved the crash of bitconnect but definitely the perfect storm of the things you mentioned as the likely larger part of it. Nice vid!
Thanks! Didn't want to give BitConnect any more attention, glad that saga is over. Hope people start doing more research into this stuff so we don't end up in a similar situation. :)
Resteeming again!
By the way, did you read about Dogecoin Cash hardfork (not Dcash!!) by Doger Ver?
I'm not entirely sure if it's a serious effort or a joke, but I wouldn't be surprised to actually see it happen. Would love to hear your opinion on it! :)
Haha, I hadn't heard of that but love the fake name :) Alts are alts and I wish them all the best. I don't have any significant amount of DOGE, personally.
You're the best there is, Jackson. But stay humble. :)
Thank you very much for this informative video/article.