It isn’t unusual for 30 year wunderkinder to think that they are bulletproof, but it is at best unusual for one to undertake serious estate planning without addressing such an existential operational risk for the firm grounded in the same eventuality.
Apropos of nothing, I really like the design of Bloomberg's website. Although those Taboola/Outbrain links can get to fuck.
I can't stand it, though it's a lot better than it was immediately after the redesign. At least they've got rid of the silly gradients, sliding panels and parallax scrolling columns. But it's still a mess with stories repeated at several different places on the page and no real structure. And don't get me started on what happens when you click into a story and foolishly scroll too far, losing the URL in the process.
I haven't seen the earlier version. It's mostly the colour scheme and typeface I find appealing. Although I've just noticed the keep-scrolling-and-we'll-load-another-article and I really don't like that. I prefer my webpages to have an end.
Cold wallets that were supposed to hold up to $180 million of Quadriga clients' money have been empty since last April, according to blockchain experts at court-appointed monitor Ernst and Young.
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The report also revealed that 14 user accounts "may have been created outside the normal process by Quadriga... It appears that the Identified Accounts were created under various aliases."
"The Monitor was further advised that deposits into certain of the Identified Accounts may have been artificially created and subsequently used for trading on the Quadriga Platform," the report said.
The report said those 14 accounts were associated with "a significant volume of transaction activity, including trading and withdrawals of cryptocurrency to wallet addresses not associated with Quadriga."
On blockchain vs Bitcoin, I’d recommend this book as readable and brilliant.
Written by my current boss (and friend) who I first worked for at Lehman’s, but I’m not the only person who thinks this is great. Witty and with a mildly leftist perspective.
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