Bitcoin and cryptocurrency round-up 21 June 2018

Posted: 21 June 2018 6:23 pm
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What's happening in cryptocurrency?

Read about Tether's dithers, the need for cybersecurity standards, where privacy leaves the world, refugees and blockchain ID, and Ripple's price analysis.

1. Tether audit reveals that Tether has not been audited

To whom it may concern,

Please excuse Tether from being audited today. It's not feeling very well.

Sincerely, A totally not shady law firm with ex federal judges and even a former FBI guy. C'mon, what more do you want? You can trust us.

PS: We're not money laundering. Our casino is just really popular. Pinky promise.

2. One simple trick to not being hacked for $30 million

No one knows what it is because no one's formalised it yet.

The relatively sorry state of even the highest level crypto-cyber-security leaves a lot of room for formal standards.

3. A compelling case for crypto libertarian nonsense

The right to privacy is a hot topic, and it's only going to heat up as unbreakable encryption becomes more common.

To find the best way to prepare the world, you ask those who have been preparing the longest.

4. Gut-wrenching human rights catastrophe. On the blockchain

There's never been a better time to invest in the ground level of Syria's unfolding human rights crisis.

Setting aside questions of doing well vs. doing good, digital identity is playing an interesting key role.

Ripple price analysis: Working at altitude edition

Ripple's hands were sweating as it reached for the next ladder rung. "Don't look down," it repeated to itself, mostly by habit at this point.

"Oy, XRP!" the call came from below. "Someone's busted into Bithumb!"

Ripple's grip faltered, and its sweaty hands desperately clutched the air. The harness jerked taut, knocking the wind from its lungs.

Ripple dangled, winded and ticked off but very much alive.

Disclosure: At the time of writing, the author holds ETH, IOTA, ICX, VET, XLM, BTC and NANO.

Disclaimer: This information should not be interpreted as an endorsement of cryptocurrency or any specific provider, service or offering. It is not a recommendation to trade. Cryptocurrencies are speculative, complex and involve significant risks – they are highly volatile and sensitive to secondary activity. Performance is unpredictable and past performance is no guarantee of future performance. Consider your own circumstances, and obtain your own advice, before relying on this information. You should also verify the nature of any product or service (including its legal status and relevant regulatory requirements) and consult the relevant Regulators' websites before making any decision. Finder, or the author, may have holdings in the cryptocurrencies discussed.

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