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Bitcoin Daily: Hackers Contribute Crypto To Charities; Bitcoin Crests $12K

PYMNTS

A hacking organization released receipts for $10,000 in charitable contributions to two groups made through bitcoin, the BBC reported. The hackers published the contribution in addition to tax receipts for 0.88 in bitcoin ( valued at approximately $10,515 as of 7:04 P.M. The price of bitcoin was $11,954.07

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The Beginning Of The End For Bitcoin?

PYMNTS

Bitcoin has been riding a bit of a rollercoaster in the past few weeks since hitting an all-time high of more than $4,800 per digital coin on Aug. To continue the rollercoaster analogy, the cryptocurrency’s value has been on a steep climb all year, and it stands to reason that bitcoin’s skyrocketing value must eventually slow and reverse.

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Fizzle Of The Week: The NYC Amazon HQ That Will Never Be

PYMNTS

A small group of politicians put their own narrow political interests above their community — which poll after poll showed overwhelmingly supported bringing Amazon to Long Island City — the state’s economic future and the best interests of the people of this state,” the governor said in a statement. First in that line was Governor Cuomo. “A

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On Radical Markets

Vitalik Buterin

Third, the economic ideas and challenges that the book brings up are ideas that have also been explored, and will be continue to be explored, at great length by the blockchain community for its own purposes. Harberger taxes. What do Posner and Weyl talk about? See also: “ Property Is Only Another Name for Monopoly ”, Posner and Weyl.

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2021 GonzoBanker Awards

Gonzobanker

Simultaneously the bank invested in Paladin Fraud, Trabian Technology, and Chartwell Compliance to provide compliance and risk management solutions in the complex and connected web of fintech partnerships. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. Like how does that play into our communities? 82% to over 2.3%

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The 40 Fintech Graduates from Y Combinator (YC)

Fintech Labs Insights

Zidisha [link] We are pioneering the first online microlending community to connect lenders and borrowers directly across international borders - overcoming previously insurmountable barriers of geography, wealth and circumstance. Pay with with Dwolla or Bitcoin, and manage all your orders in one place. Then set and forget them.

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Hard Problems in Cryptocurrency: Five Years Later

Vitalik Buterin

Problem: create a blockchain design that maintains Bitcoin-like security guarantees, but where the maximum size of the most powerful node that needs to exist for the network to keep functioning is substantially sublinear in the number of transactions. One of the main problems with Bitcoin is the issue of price volatility.