Bitcoin and cryptocurrency round-up: 1 March 2018 - finder.com.au

Bitcoin and cryptocurrency round-up: 1 March 2018

Posted: 1 March 2018 6:32 pm
News

cryptocurrency volatility bad

What happened?

Take a look at the Waltonchain mishap, the first legal tender cryptocurrency and the blockchain disruption of fine arts and collectibles.

Plus read about crypto ups, crypto downs and bitcoin-exchange safety.



1. You can't erase mistakes from the blockchain.

One errant tweet results in a whole lot of potentially unrecoverable price damage and almost certainly unrecoverable reputation damage.

Waltonchain really stepped in it.

2. Fiat and crypto, walking down the isle together.

The Marshall Islands will be releasing the first ever legal tender cryptocurrency.

What does a status as legal tender mean for a coin? Quite a lot it turns out.

3. On the block in a whole new way.

The $2 trillion fine arts and collectibles industry is almost certainly going to experience some much-needed disruption. And they'll love it.

4. Up and down.

Up.

Down.

5. Now that's entertainment.

"In a blistering grand finale, each team has to hype PaleoPeteCoin™, a cryptocurrency backed by activated almond futures."

6. Stay safe. Or as safe as you can in bitcoin.


Disclosure: At the time of writing the author holds ETH, IOTA, ICX, VEN, XLM, SALT, 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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