QUOTE OF THE DAY
“Patience is bitter, but its fruit is sweet.”
A Postmortem on the Parity Multi-Sig Library Self-Destruct
Yeah so, remember that "hack," which saw the "accidental" deletion of the code library which supports Parity's multi-signature wallets...yeah, currently there are no immediate solution to renewing access to those funds.
So those 500k Ether + miscellaneous additional tokens are currently gone.
It's okay tho, because the Parity team understands. I mean, just read what they wrote.
"We recognise that the issue has, among other things, caused distress and anxiety about the future of projects and funds in our community and we are working hard to explore all feasible solutions."
Distress? Nah bruh, I'm cool, you just lost all my money and potentially crippled the project I've worked on for a few years out of my life. But I'm cool. Believe me.
Jeez, this is some goon-like behavior.
You can read their latest announcement here.
Founder Of Bitstamp Becomes Slovenia’s 6th Richest Person
Damian Merlak started from the bottom (if you start anywhere is Slovenia, it's the bottom) and now he's rich.
Damian's net worth is now around ~122 million euro's (which is like 144 million dollars).
But this is not news to us, because we all know exchanges print money.
Anyways, kudos to Damian! You can read more about him here.
Monetary Authority Of Singapore Publishes “Guide to Digital Token Offerings”
Bitcoin News reports that the Monetary Authority of Singapore (MAS) has published a “guide to digital token offerings”, which seeks to elaborate upon how initial coin offerings (ICOs) will be subject to Singapore’s securities laws.
You can read more about this here.
THINGS I LIKE
How Ridiculously Easy It Is For The Rich To Avoid Taxes
Jan D. Weir explores how ridiculously easy it is for the rich to avoid taxes. (I can't wait to be rich!)
You can read his article here.
My Current Sentiment: Neutral.