Ep. 40. Dodgy Words from Binance, Vitalik Buterin Savages Faketoshi and Bluezelle's CEO Pavel Bains

Binance billionaire Changpeng Zhao makes a few very dodgy statements on a potential exchange that Simon and Sara both agree might be more than a little bit biased. Ethereum falters with the influx of ASIC mining rigs in the market. Simon explains the new powerful miner and the pair wonder if the era of Ethereum making money for ordinary people is coming to an end. Vitalik issues a scathing takedown on a man claiming to be Satoshi Nakamoto without any real proof. The SEC delivers a knockout blow to Mayweather endorsed ICO after the founders are charged with fraud and a host of false executives are uncovered. We discuss what thos means for other ICOs and how transparent the SEC is around these takedowns. Bitcoin is still overvalued to the surprised of no-one in a recent study. Although Sara does appreciate the nuances addressed. Further damage to Bitcoin with Reddit refusing to accept the cryptocurrency any longer. Although if no-one’s using it can it really be called a currency? John McAfee makes waves in the crypto space with news that he’s charging over $100K for promotional tweets for ICOs. It’s a funny story that’ll probably make you laugh but it’s noted that what McAfee’s doing affects real people and there a question mark over the legitimacy of these tweets. Amber Baldet leaves JP Morgan in a positive way for both sides. It’s a loss for the investment bank but after establishing their blockchain platform Quorum, Amber is ready to set off on a new venture. Rounding off the show we have an interview with Pavel Bains from Bluezelle And if you enjoyed our tweet of the week why not send us your best tweets? See if you can get a shout out on the show! We hope you enjoy the show and, as ever, don't forget to subscribe. Want to join the conversation on all the topics discussed? Tweet the show @bchaininsider and if you really love the show, why not leave us a review on iTunes? Special Guest: Pavel Bains. Links: How a Billionaire Crypto King Built the No. 1 Exchange in Just 8 Months Ethereum falls after rumors of a powerful mining chip surface SEC Halts Mayweather-Endorsed ICO, Charges Founders With Fraud Bitcoin is Still Overvalued Reddit Stops Accepting Bitcoin John McAfee is charging $105,000 for tweets promoting ICOs Amber Baldet Leaving JPMorgan To Start New Venture