Ep. #58- Ethereum News: Bitfinix “Loss Socialization”, Attacker Withdraw 8/31, Interest Rates

Originally Uploaded On August 7th, 2016
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In Today’s News, Bitfinix has put out a statement that they will be online soon, whilst causing their Bitcoin exchange wallet users over 36% of the money that they had on the site. They shall incur no damages, yet some think this may not hold up in court. Will Bitfinix’s reputation and site proceed to thrive after the circumstances? Were they in on the job?

Also, a reminder of the hacker’s ability to withdraw and FULLY control the stolen funds on August 31st. What will happen to cryptocurrency prices, if he floods, or slowly sells those, vast sums in the markets with sell walls?

In this quick update, I share some of the latest sentiments surrounding the Ethereum and Ethereum Classic communities, to assist you in making the proper investment decisions!
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