New Year, Same Schemes [Block #771180]
Looks like we’ve made it! Mandana and Ian celebrate their first anniversary of making the pod and Bitcoin’s 14th birthday. Hello terrible teens? Mandana wonders if Bitcoiners have learned their lesson yet when it comes to storage. Ian catches her up to the latest imploding crypto company. Seems like the Winklevoss twins’ (remember them? Think Facebook origin story) crypto exchange Gemini and Genesis, owned by Barry Silbert’s Digital Currency Group, just cost their customers $900 million worth of coins. Oh, and a non-crypto bank, Silvergate, may also collapse. Check your money storage folks! No one is safe.
Mentioned In Episode
* Spend Your Bitcoin
* Bitcoin core developer claims to have lost 200+ BTC in hack
* Sydney airport seizure of phone and laptop 'alarming', say privacy groups
* Bitcoin Hash Rate Suffers Near 40% Drop Amid U.S. Deadly Winter Storm
* Gemini vs DCG
* Genesis Owes Gemini Earn Users $900M: Report
* Winkelvii Public Letter to DCG
* Gemini Officially Terminates Crypto Earn Program Amid DCG, Genesis Spat
* Ukraine Partners With FTX, Everstake to Launch New Crypto Donation Website
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