Visions of Blockchain Magazine S01E04 | Page 38

Megaphone Monday 8th January -15% on the Market The same day, we learned that the South Korean authorities wo- uld ban the exchanges. (South Korea represented at that time between 15 to 20% of the market). Later in the day, CoinMarketCap posted on Twitter the exclusion of data from some Korean trades. According to Mr. Chez, site creator, many users complained about inaccurate quotes, but he did not realize the impact this step wo- uld have. Nevertheless, according to Alexa Internet (Amazon’s service), Co- inMarketCap has since moved from 142nd to 117th place in the ranking of the most visited sites in the world, surpassing even the Chinese online retailer Alibaba and most of the american news medias. This is a good result for a company that does not have an office and that uses mainly Twitter and Facebook accounts to communicate with the outside world. The website does not contain employee information, nor any con- tact information, with the exception of an email address. 30th January 2018, Media Propaganda While the Bitcoin stagnates for 7 days on it’s resistance - 7 AM: The SEC puts an end to one of the biggest ICOs in the world - 10 AM: The US regulation summons Bitfinex to appear - 11 AM: Facebook bans all crypto/ico ads - 2 PM: Banks close their doors at Cryptopia The subpoena for TETHER was issued on 6th December 2017, but the news was released on 30th January. Why wait 55 days to post this subpoena with all the bad news on the same day? It smells of insider trading...