BitForex, the Singapore-based crypto exchange, attempted to bribe Modern Consensus this past week in an effort to get us to remove an old story about them that they didn’t like. We refused.
It’s one of the worst kept secrets in crypto: The recent rally in Bitcoin came from a massive issuance of tethers.
The Block is looking to raise $1.75 million from investors, according to documents reviewed by Modern Consensus. This follows last year’s raise of $2 million. Should the effort succeed, this second round of fundraising would value the cryptocurrency news and analysis site at $10 million.
Last week’s run-up in Bitcoin prices seemed like it would remain a mystery. Now comes word that China is contemplating a ban on mining and it all starts to make sense.