QUOTE OF THE DAY
“Whether you think you can or think you can’t, you’re right.”
Bitfinex To Terminate U.S. Services By November 9
Bitfinex has announced its plan to terminate all services for U.S. individual customers by November 9th 2017. Their announcement comprised a follow-up to a statement issued in August, which indicated the company was suspending all new requests for account verification from U.S. individuals.
Tezos At Risk Of Complete Collapse
At least that's what the word on the street is, the Wall Street Journal that is.
Paul Vigna from WSJ reports:
A lawyer representing the Breitmans on Sunday sent a nine-page letter to the foundation’s board, demanding that its founder and president, Johann Gervers be removed, or they would withdraw their support from the project.
Mr. Gevers, in an email, wrote that “the Breitmans have attempted to bypass the Swiss legal structure and take over control of the foundation, and have acted destructively, causing months of delays in the Tezos project.”
Remeber folks, Tezos had one of the year’s biggest initial coin offerings this year, raising around $232 million token. And now they're trying to convert it into dolla dolla bill y'all
Also remember that under the terms of the Tezos coin offering, there’s no guarantee participants will ever receive a single Tez. Participants agreed to accept the risk that the project “may be abandoned.”
What Else Is Going On?
My Current Sentiment: Neurtral