Elizabeth Warren Blames ‘Crypto Risk’ for Silvergate Bank’s Liquidation, Critics Dismiss Senator’s Claims as ‘Terribly Misinformed’

Elizabeth Warren Blames ‘Crypto Risk’ for Silvergate Bank's Liquidation, Critics Dismiss Senator’s Claims as ‘Terribly Misinformed’After Silvergate Bank announced its voluntary liquidation, U.S. senator Elizabeth Warren is attributing the financial institution’s downfall to “crypto risk.” According to Warren, she had previously warned about Silvergate. However, some critics are dismissing Warren’s opinion as “terribly misinformed” and claim that she is “tossing out egregious accusations.” Crypto Proponents Offer Different Perspectives on Silvergate […]

Go to Source

Powered by WPeMatico

Bitcoin Distribution Process Was ‘Fairest’ Possible System, Study Claims

Bitcoin Distribution Process Was 'Fairest' Possible System, Study ClaimsDan Held, co-founder of Interchange, published a summary on Thursday about the perceived fairness of Satoshi Nakamoto’s initial distribution of bitcoins. The director of the institutional-grade cryptocurrency portfolio management service argues that the Bitcoin protocol’s earliest cryptocurrency distribution processes remain the most honest and equitable to date, particularly in comparison with the methods favored by […]

The post Bitcoin Distribution Process Was ‘Fairest’ Possible System, Study Claims appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico