1929

Nope.

Hilariously enough Bitcoin fell because Trump apparently went on Fox news and said Bitcoin was a scam and needed to be regulated.

1930

Clearly he’s pissed that he never got the idea to set up a Trump coin to shill to his cultists and make many millions before it was too late.

1931

Interesting, both that they have the key and that they’re willing to disclose the fact. I wonder if it’s the wallet of the hackers themselves or a mixer. Either way, presumably nobody’s using that wallet any more.

Edit: Looks from the affidavit like it’s an end-user wallet. Makes more sense.

1932

Does this mean the FBI can just seize your crypto whenever they feel like it? Do they have the tools to get your private keys? Hilarious.

1933

I suspect they have infiltrated Darkside

1934

Probably. Darkside hired “affiliates” to help them do their work, so they weren’t a closed knit group.

1935

Or maybe he found a way to short it and got on Fox to cash in.

1936

Or maybe more than one thing can cause bitcoin to gain or lose value.

1937

Since Bitcoin’s value is supported by literally nothing, essentially anything can cause its price to collapse.

1938

Fixed for you

1939

I didn’t see any difference in the two versions, substantively speaking.

1940

Now we’re talking! This is getting into real supervillain territory now.

1941

I want a one-way ticket out of this cursed timeline.

1942

Here’s an idea, maybe make those geothermal plants available for your country’s existing energy needs, which are currently 69% met from imported fossil fuels.

1943

I would bet money that he has a Bitcoin wallet that will have some amount of nearly untraceable transactions into it as a result of that decision. Same with Abbott in Texas.

1944

Maybe use the geothermal energy for literally any other, objectively more productive, use?

1945

Basel Committee proposes tough bank capital rules for crypto

It’s complicated, but it basically means that banks subject to Basel rules (all European banks, large US banks, and lots of other large banks around the world) would have to hold capital equal to the value of the crypto they own, unless they meet extremely stringent criteria. The crypto derivative rules proposed are also pretty interesting, being based on the notional rather than the value, but capped at the maximum loss. TLDR: it will be extremely expensive for banks to be exposed to most crypto-assets.

1946

Well, they might just have to create financial derivatives, futures and reverse factoring products to properly especulate stabilize the investment.

1947

They could put pieces of the shitty crypto currency holdings together with pieces of the really good crypto currency holdings oh wait never mind.

1948