When i was on my crusade to get information as to why STEEM was an unknown token and had so few trading pairs, one of the exchanges i went to first is Bitfinex. First thing i did was pick up their Telegram account and asked a few question. It was quite active and there were a number of official mods working there.
So i went on asking:
Why you no list STEEM?! Its a da best!
The response i got was the usual “We will consider all projects that benefit our community”. Or some other generic crap like that.
My messages blow up. 5 DMs, all from Bitfinex “alleged moderators” asking me in broken english:
Hey friend, want to get your STEEM listed? I can do this for u.
I was like: HELL, YEAH!!!! Im going to be a star on STEEMIT if i get STEEM listed on Bitfinex!
No, haha.
What actually was funny is that a few of the mods that contacted me were legit mods that were just trying to grab some cash fast so i decided to play with them a little. Told them to get a legit representative of the Bitfinex team to contact me on my email and i would consider paying. haha. This is an email of a legit moderator that i received.
I mean, who in their right mind would fall for this. haha. He still wrote an email though. He took the time.
Another Moderator wasnt as open about it since he was on of the main mods in charge. But he hinted at it:
You could pay me and ill make it happen or i can give you the contact of the person in the support team.
hehe.
Out of the clear scammers there were a few funny ones. There was even one female avatar that was attempting to flirt with me in broken english.
You very handsome sir. Do you like my photos? I get you listing only for 5 Bitcoin.
In the end i managed to get in contact with the customer support and the answer was basically the one you always get: “We will consider every token at an undisclosed time in the future.” The take away being that even though they claim not to take payment for listings and there is some kind of system in place that somehow gets the community to vote on the tokens to list, it seems that you could very well pay for someone to push a token forward.
Just a short story to add to the Tether shadiness. 😀
The New York Attorney General’s office has alleged that crypto exchange Bitfinex lost $850 million and subsequently used funds from affiliated stablecoin operator Tether to secretly cover the shortfall.
According to a press release issued Thursday, NYAG Letitia James announced that she had obtained a court order against iFinex Inc., which operates both Bitfinex and Tether, ordering them to cease violating New York law and defrauding New York residents.
James said that an investigation by her department determined that iFinex “engaged in a cover-up to hide the apparent loss of $850 million of co-mingled client and corporate funds,” adding:
“New York state has led the way in requiring virtual currency businesses to operate according to the law. And we will continue to stand-up for investors and seek justice on their behalf when misled or cheated by any of these companies.”
As Dream dies and Wall Street exits, a string of new darknet markets (DNMs) has emerged to take their crown. The majority of these have only been operational for a matter of weeks, and have launched at a time when trust in DNMs is running low. The success or failure of these marketplaces will be pivotal in shaping the darknet’s crypto-powered economy in the months to come.
New Heads on the Darknet Hydra As the legend goes, for every head the hydra loses, two new ones take its place, and so it seems to be on the darknet. The loss of Dream and Wall Street has spurred four new DNMs, bringing the total of recently launched markets to six. The first of these, Cryptonia, promises two-of-three bitcoin multisig, a wallet-less escrow system, two-factor authentication, strong anti-phishing measures based on public key cryptography, and EXIF metadata stripper for images.
A new proposal by Vitalik Buterin, the creator of ethereum, suggests he is considering increasing rewards for validators who would secure the operation of the next version of the world’s second-largest blockchain.
Ethereum 2.0 is by far the biggest upgrade on the horizon for the ethereum blockchain, today valued at $17.5 billion. Its broader goal is to erase ongoing bottlenecks to transaction throughput and significantly decrease costs on the network.
Rather than relying on a proof-of-work consensus protocol whereby miners compete to bundle together blocks of transactions and add them to the ever-growing chain, ethereum 2.0 will rely on a proof-of-stake consensus protocol whereby validators stake their own funds and attest to blocks and transactions being created on the network.
Malta’s financial regulator has issued a note to the public regarding the risks of crypto assets and the possibility for scams, news outlet Times of Malta reported on April 25.
The Malta Financial Services Authority’s (MFSA) new guidance note intends to warn the public about cryptocurrency investments and related risks, and educate people on how to identify and avoid scams and fraudulent schemes.
The guidance reportedly outlines the most common types of digital currency-associated scams, which include fake iInitial coin offerings (ICOs), crowdfunding ventures promising higher gains which are availed of once the coin becomes active, and fake exchange platforms and fake e-wallet apps.
John McAfee, the eccentric antivirus pioneer known for his brushes with the law, said he has spoken with Bitcoin creator Satoshi Nakamoto and plans to reveal the person’s identity.
But the timing of the announcement is up in the air. After previously telling Bloomberg he would expose Nakamoto “within a week,” he backed off the plan. McAfee said Tuesday on Twitter the controversy could hurt his efforts to fight an extradition to the U.S. “People forget that I am a technologist,” he said. “I am one of the best.” In delaying the revelation, McAfee posted a letter from Mario Gray, his extradition lawyer, saying that exposing Nakamoto could make him the target of lawsuits — forcing him to defend himself “on many fronts.”
“Releasing the identity of Satoshi at this time could influence the trial and risk my extradition,” he said in a tweet. “I cannot risk that. I’ll wait
All exchanges, mining pools, node operators, and full node wallet users must upgrade to ZEN 2.0.17 prior to block #505212, April 26.
STEEM Trading Update by my friend @cryptopassion
Here is the chart of yesterday :
Here is the current chart :
Yesterday we were testing the support line at 0.39 and I was saying you that I was hoping it won’t break. It has been broken and as annonced, it created an acceleration in the drop. We are now stabilizing because we have a little bounce on the BTC from its support line but for sure STEEM did again a very bad drop yesterday… I will give you the next support in my next article.
Do take your money out of Tether. Then sit yourself down and try to explain why you had it there in the first place.? How many warnings do you need?
Do
Move your funds from Bitfinex. What were they doing there in the first place? Again, how many shots across the bow do you need?
Don’t
Do not run ahead like a headless chicken ‘screaming the sky is falling’ because Tether of all things may be in trouble.
Don’t
Pay Attention to this kind of Sensationalist Nonsense:
Bitcoin In Death Throes? Tether Comes Under Fire https://ethereumworldnews.com/bitcoin-5200-tether-news-traders-flee-bitfinex/ Hint…the headline was clickbait.
There are many people out there who want to get started in real estate, but have poor credit and let it become a roadblock. There are still ways to buy a home with poor credit and I’d like to talk about a few.
Three Ways to Buy a House With Poor Credit
1.) FHA Loans
Yes, that is right. I said FHA loans. Believe it or not to qualify for a 3.5% down FHA loan the minimum credit score is 580, which is basically the Mendoza line for poor credit.
If a person’s score is below that they still have a legitimate shot to
3M reported earnings yesterday and the results were bad. 3M earned $1.51 per share, in the first quarter vs. expectations of $2.50 per share. Revenue was $7.86 billion in the period, down 5% year over year and also falling short of Street forecasts of $8.09 billion.
3M also said it was laying off cutting 2,000 jobs and slashed their full year forecast. These results were enough for the stock price to have its biggest one-day decline in over 30 years.
“We continued to face slowing conditions in key end markets which impacted both organic growth and margins, and our operational execution also
