NBTV: Your Money, Your Data, Your Life

Too big to fail? @cz_binance mentioned a Bitcoin blockchain reorg yesterday, and it caused uproar in the crypto community. He's since taken the suggestion back. @Zaphoid and I chat live about what "Too big to fail" would mean for bitcoin, it's origins in the financial crisis of '08, and the Ethereum DAO bailoutTo watch the video version of this segment, visit: https://youtu.be/m73E3A576n4Support the show

Moments ago EOS burned 35 million EOS tokens, valued at over $170mil USD.They are reducincing inflation by 80%, which is a dramatic move. Ashe Oro, cofounder of freedomproxy.org, talks with me about what this means for the EOS ecosystem.To watch the video version of the segment, visit: https://youtu.be/7gWQ2t9c7aISupport the show

Just announced, Binance was hacked today, 7000 BTC stolen, which is around $40 mil.Earlier today CZ tweeted:"Have to perform some unscheduled server maintenance that will impact deposits and withdrawals for a couple hours. No need to FUD. Funds are #safu."Then 5 hours later this security breach update was released:https://binance.zendesk.com/hc/en-us/articles/360028031711-Binance-Security-Breach-Update"We have discovered a large scale security breach today, May 7, 2019 at 17:15:24. Hackers were able to obtain a large number of user API keys, 2FA codes, and potentially other info. ...The hackers were able to withdraw 7000 BTC ...The above transaction is the only affected transaction. It impacted our BTC hot wallet only (which contained about 2% of our total BTC holdings). All of our other wallets are secure and unharmed."Binance will cover these funds with their "SAFU fund" that was set up last year as a security measure for emergency situations like this.Withdrawals and deposits will be frozen for 1 week, but trading will continue. As a show of support, Justin Sun has offered 7000BTC in USDT to cover Binance if needed, but it seems like the SAFU fund has things in hand.Will update you with more details as they become available!To watch the video version of the segment, visit:https://youtu.be/VsihQAQCq1QSupport the show

Today I took my friend Tyler to the Bitcoin Banke (not to be confused with a regular bank, this one is much better) in New Hampshire, and the lovely people there gave him his first BCH! I took him to a patisserie where he made his first purchase, and he was blown away. Suffice to say, Tyler is a convert, and no longer a crypto skeptic :)Thanks Anypay.global for the crypto and the awesome afternoon!To watch the video version of this segment, visit https://youtu.be/1KrbkN3L9iISupport the show

Teaching people about Bitcoin can be really difficult, as the founders of the University of Louisville Blockchain Club have found. I visited their campus in Kentucky and we discussed how many students there are hesitant to get involved with Bitcoin, and why. But they discovered a pretty great marketing tactic that has helped them reach out to more people. Thanks for chatting with me, Tucker and Brandon!UofL Blockchain twitter: https://twitter.com/BlockchainUofLTo watch the video version of this segment, visit: https://youtu.be/xDLUCpxMA6USupport the show

The Crypto Lark interviewed me on his channel, here is part 1 of the interview where we talk about Institutional Investment and whether it's a Trojan Horse.Part 2 of the interview coming soon!Subscribe to The Crypto Lark here: https://www.youtube.com/user/larksongbird01To watch the video version of this segment, visit:https://youtu.be/S9q52xcRLiASupport the show

Australian taxation office cracks down on crypto usersWash trading exposed in new reporthttps://www.bti.live/reports-april2019/Fidelity released survey of 400 US institutional investors: - 22% already have exposure to digital assets- 47% view digital assets as having a place in their portfolios.Bitfinex commingling funds with Tether reserves: Bitfinex to launch $1billion token sale, Global Trading Solutions LLC suspected to be linked with bitfinex charges, Tether market peg stands strongCFTC chair: “The Commission anticipates new applications for clearinghouse registration resulting from the explosion of interest in cryptocurrencies; an area in which protection of the cryptocurrencies will be one of the highest risks.”Facebook Building Cryptocurrency-Based Payments SystemWashington State recognizes blockchain records as legally valid and enforceableBrave Browser reaches 1M monthly downloadsEOS REX (resource exchange) was launched meaning all voting EOS token holders can get passive incomeEOS resources just got 95% cheaper for dapp developersSmartcash sister coin Bitcoin Confidential launches(More on Bitcoin Confidential here: https://www.youtube.com/watch?v=Se42EJl0Vf4)Japan to Provide G20 With Crypto GuidanceBtc goes back over 6000Watch video version of the episode here: https://youtu.be/7gi4ArIzo80Support the show

Nic Carter, a Bitcoin historian and partner at Castle Island Ventures, chatted with us at the MIT Bitcoin Expo recently. In an effort to make fun of the trite criticism of Bitcoin made by most pundits and mainstream journalists, he made a 12-sided die where each side represents one of these popular criticisms. We go through each of these responses.To watch the video version of this podcast, please visit https://youtu.be/-X1kjjo-8doPlease check out Bruce Fenton's and my new channel, CypherStreet! Lot of great interviews coming :) https://www.youtube.com/channel/UCgLTYAZOR_giv_KGmSSoTMwSupport the show

Applied Cryptography Consultant Peter Todd chats with CypherStreet's Naomi Brockwell about where the term "CypherPunk" came from, and how it might apply to people in Bitcoin today. Please check out more videos like this from Bruce Fenton and me on the new channel "CypherStreet".To watch the video version of this pordcast, visit: https://www.youtube.com/watch?v=p_Gtz2GZZggSupport the show

Bitcoin Core developer Eric Lombrozo chats with Bruce Fenton about how decisions in Bitcoin are made. He explains the difference between Git, GitHub, and discusses how Bitcoin handles the danger of too much centralized power.If you'd like to watch the video version of this podcast, please visit: https://youtu.be/N3sYKCJ9Z1sPlease check out Bruce Fenton's and my new channel, CypherStreet! Lots of great interviews coming :)https://www.youtube.com/channel/UCgLTYAZOR_giv_KGmSSoTMwSupport the show