The trial may not happen until July, but before that Craig Wright will have to answer seven questions about the “bonded courier” who may—or may not—have brought him the data he needs to prove he created Bitcoin.
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Goodbye, Modern Consensus
Founding editor Lawrence Lewitinn looks back wistfully over two years of not caring if anyone liked him.
This isn’t an easy post for me to write. No, it’s not because I’m emotional about my final Modern Consensus post. Rather, it’s because I’m on vacation in Florida and spent much of the day on the beach. It’s snowing back in New York, where I’m headed next. The last thing I want to do on a lovely night like tonight is to write one of these boring, boo-hoo-I’m-no-longer-editor-in-chief kinds of posts.
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Did an inaccurate story claiming Chinese police raided Binance's Shanghai offices really knock $1,000 off the price of bitcoin? (Mussi Katz, via Flickr)EXCLUSIVE: The Block and Binance were working on a deal. Then a fight broke out.
A lucrative partnership was lost after a cryptocurrency billionaire called a reporting error malice and demanded that journalists act as cheerleaders
The Block and Binance were working on a potentially lucrative strategic partnership for more than a month, a source with knowledge of the negotiations told Modern Consensus. Then, on Nov. 21, the crypto news and research site published a story claiming that a police raid forced Binance out of its Shanghai offices. Not only was that wrong—at least about the police raid part—it enraged cryptocurrency exchange Binance’s billionaire CEO, Changpeng “CZ” Zhao. He promptly jumped on Twitter, telling his 450,000 followers that The Block’s story was a lie. There was no raid, he said, and Binance hasn’t had a Shanghai office for two years. During the four-day Twitter fight that…
