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      "body": "Not indicating that the content you copy/paste is not your original work could be seen as [plagiarism. ](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/)\n\nSome tips to share content and add value:\n- Using a few sentences from your source in “quotes.” Use HTML tags or Markdown. \n- Linking to your source\n- Include your own original thoughts and ideas on what you have shared.\n\nRepeated plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/steemitabuse/@cheetah/cheetah-bot-explained).\n\nCreative Commons: If you are posting content under a Creative Commons license, please attribute and link according to the specific license. If you are posting content under CC0 or Public Domain please consider noting that at the end of your post. \n\nIf you are actually the original author, please do reply to let us know!\n\nThank You!",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://cointelegraph.com/news/the-strange-story-of-tether-the-digital-money-that-claims-it-isnt-money",
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      "body": "Tether’s official website has a surprise hidden in its “legal” section:\n\n“Once you have Tethers, you can trade them, keep them, or use them to pay persons that will accept your Tethers. However, Tethers are not money and are not monetary instruments. They are also not stored value or currency.\n\nThere is no contractual right or other right or legal claim against us to redeem or exchange your Tethers for money. We do not guarantee any right of redemption or exchange of Tethers by us for money. There is no guarantee against losses when you buy, trade, sell, or redeem Tethers.”\n\nMixed messages\nNaturally, you have to dig a bit to find that statement. Simply going to the website’s homepage brings up an entirely different message. There, tether tokens are touted as “Money built for the internet.” Potential users are told that these tokens are a “stable currency,” “100% backed,” “transparent” and “secure.”\n\nOne might be forgiven for wondering if the marketing department and legal team work for two entirely different companies. The message could hardly be more conflicted.\n\nSister companies\nIt has long been known that Bitfinex and Tether are associated with each other. For instance, when Bitfinex’s banking at Wells Fargo was cut off, Tether joined Bitfinex’s lawsuit against the bank. A Bitfinex employee posted to one of several reddit threads today, under the handle “bfx_drew,” saying:\n\n“I'd like to correct two common misapprehensions:\n\nBitfinex does not own Tether. It is a sister company with a minority percentage of overlap in shareholders.\n\nNo banking? Institutional customers move 6-7 figures of fiat in and out daily.”\n\nAnd also to introduce a new piece of information: Tether is undergoing a balance sheet audit.”\n\nOne user made a skeptical comment about the audit, asking if the Tether audit would remain in “coming soon” status indefinitely, like Bitfinex’s own audit. In reply, bfx_drew offered a bet of 5 BTC that Tether’s audit will in fact be completed this year.\n\nLack of transparency\nTether assures users that:\n\n“Every tether is always backed 1-to-1, by traditional currency held in our reserves. Our reserve holdings are published daily and subject to frequent professional audits.”\n\nDespite this, the site gives no information about its auditor and does not make any audit reports available. Also, one wonders why bfx_drew boasts that Tether is currently undergoing an audit when, in the company’s own words, they are regularly audited. If in fact such audits are routine, why call special attention to this one?\n\nHow it all works\nSupposedly every tether token in existence--at present, over 300 million of them--is backed by US dollars in Tether’s bank account. When a Tether business partner deposits US dollars in Tether’s bank account, Tether creates a matching amount of tokens and transfers them to that partner.\n\nHowever, without published audit results, there is no way to know whether these tokens are fully backed. Tether insists that they are not operating a fractional reserve system, but they either cannot or will not prove it.\n\nEven worse, it may not matter, since Tether is adamant that their tokens aren’t actually redeemable as money in any event.\n\nFunny money?\nDeeper consideration of the matter brings to mind a rather troubling question. If Tether is not legally obligated to redeem their tokens for money--as they insist--why would anybody in their right mind deposit millions of dollars in Tether’s bank account? Why would any of Tether’s business partners give the company US dollars in exchange for a token that Tether plainly insists is worthless?\n\nIs it possible that there are no deposits, and Tether simply creates more tokens and transfers them to itself, or to sister company Bitfinex? Without audited financials, nobody knows.\n\nMeet “Spoofy”\nNot long ago, Cointelegraph published an article on a mysterious trader nicknamed “Spoofy” who seemed to be manipulating the price of Bitcoin, primarily on Bitfinex. He allegedly does so by “spoofing”--placing large buy and sell orders with no intention of actually allowing them to be executed. Spoofy is also believed to actively engage in “wash trades,” where he sells into his own buy orders (or vice versa) to generate fake trading volume.\n\nThe same blogger who initially posted the expose on Spoofy, BitCrypto’ed, recently made another intriguing post. He suggests that Spoofy and/or Bitfinex themselves could be using tether tokens as collateral to trade Bitcoin on margin.\n\nBitCrypto’ed suggests that Tether could create unbacked tokens and transfer them to Bitfinex. There they could be used to back margin positions on Bitcoin. Once the price of Bitcoin goes up, the margin positions could be closed and the unbacked tokens destroyed.\n\nConspiracy theory?\nIf this all sounds too much like a conspiracy theory, perhaps it is. At present there is no evidence to definitively prove any of the allegations. However, plenty of questions do come to mind. Perhaps the most curious one is this: under the present circumstances, who in their right mind would deposit millions of dollars into Tether’s bank account?\n\nWhen Tether and Bitfinex had their banking ties cut, there were around 66,000,000 tether tokens in existence. Today, there are 319,501,508--nearly five times as many. It seems totally irrational that deep-pocketed entities would deposit nearly $250,000,000 with a company that currently has limited banking connections.\n\nIn short, even if Tether did decide to redeem tokens that the company insists it is not obligated to redeem, how could they? Without banking partners, there would be no way to transfer the funds.\n\nNonetheless, Bfx_drew insists that certain parties transfer “six or seven figures” in and out of Tether every day.\n\nIndeed, Bitfinex and Tether both seem to have some relationship with certain Taiwanese banks, although only for Taiwanese customers. Are we to assume that Taiwanese nationals are the sole driving force behind the creation of hundreds of millions of tether tokens over the last few months?\n\nThe strangest thing of all\nMore bizarre by far is that people still trade in tether tokens every day. So far, the tokens have maintained their $1 peg quite well. One wonders how long it will be until somebody tries to redeem a large number of tokens, and what will happen if Tether simply says “no.”\n\nAltcoin News\nBitcoin Price\nBitfinex\nBitcoin Exchange",
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      "title": "Just How Anonymous are Bitcoin Transactions?",
      "body": "Users of the digital currency Bitcoin have the option either to reveal their identity or to be anonymous when sending transactions.\n\nHow to identify the parties in a Bitcoin transaction\nIn order to transact using Bitcoin, neither the sender or the receiver are required to identify themselves or provide any other personal information.\n\nHowever, many transactions contain some clues that could help identify the parties involved. Among the clues are the amounts of Bitcoin transacted, the time stamps and the IP address of the sender. Additionally, coins used in a transaction might be “tainted,” or associated a user’s known Bitcoin addresses.\n\nTo identify the Bitcoin users, these clues would be combined with additional information about them that could be sourced from Internet service providers (ISP), Bitcoin exchanges, Bitcoin web wallets, spyware on the Bitcoiners’ device and the Bitcoiners themselves.\n\nRetaining anonymity in Bitcoin transactions\nBitcoiners can remain fully anonymous during their transactions by utilizing some good Bitcoin privacy practices. These strategies will prevent other individuals or groups from securing additional information that could reveal their identity.\n\nSome of the recommended strategies are using Bitcoin services that ensure the Bitcoin users will remain anonymous during and after the transactions, utilizing a virtual private network (free or paid), and using a new address for every transaction.\n\nOther tips include setting strong security and privacy settings on one’s devices and apps, using an operating system with good privacy features such as Linux, and keeping one’s antivirus up to date to effectively prevent spyware in order to avoid malware from changing destination wallets.\n\nFollowing Bitcoin breadcrumbs\nAnonymity does not mean a person could get away with major crimes. In fact, several Bitcoin-related crimes have led to perpetrators getting busted as a result, as proven by this Forbes experiment.\n\nBitcoin Breadcrumbs\n\nImage: Science Mag\n\nWhile Bitcoin may allow fast and decentralized ways to move funds, it does not necessarily give sufficient cover to conduct illegal activities.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttp://bleacherreport.com/articles/2728046-clemson-basketball-cancels-exhibition-in-barcelona-after-van-crashes-into-crowd",
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      "permlink": "clemson-basketball-cancels-exhibition-in-barcelona-after-van-crashes-into-crowd",
      "title": "Clemson Basketball Cancels Exhibition in Barcelona After Van Crashes into Crowd",
      "body": "The Clemson University men's basketball team cancelled an exhibition game scheduled for Thursday night in Barcelona after a van crashed into a crowd of people in the Spanish city.\n\nCBS News and CNN provided further details about the developing situation. Clemson Athletics announced everybody from the Tigers' travel party is safe and the group is planning to return home Friday, as originally anticipated.\n\n\"Our thoughts are with the people of Barcelona and those injured at this time,\" the statement concluded.\n\nClemson was slated to take on Barcelona All-Stars to complete the overseas preseason tour. The team's managers posted an update on social media saying the apparent attack took place right outside their hotel and confirmed they were on lockdown as a result.\n\nDanny Moran of The Oregonian noted the Oregon State University men's basketball team was also in Barcelona for a separate event. Like Clemson, he noted everyone in Spain from the Beavers' program \"is safe and accounted for\" following the the incident.\n\n\nOSU Athletics Communications relayed a statement confirming the team's safety and added officials are \"determining the remaining schedule\" for the trip, which was expected to last through Aug. 25.\n\n\"The Oregon State University community extends its thoughts and prayers for all those injured and affected by this incident,\" the statement read.\n\nBeavers head coach Wayne Tinkle told KOIN in Portland the crash occurred directly outside of the team's hotel during a team meal. \n\nTulane athletic director Troy Dannen confirmed the Green Wave men's basketball team was in the city at the time and was safe. \n\nThe Arizona men's basketball team also released a statement saying it was safe after the attacks. The team sent more information to CNN's Jillian Martin (obtained via email):\n\n\"The entire Arizona Basketball travel party on the Spain trip has been accounted for and is safe following the situation in Barcelona today. Our thoughts are with those affected by today’s events. We have decided to cancel our third and final exhibition of the tour and are currently working on travel plans to return home.\"\n\nTexas A&M released a similar statement regarding their women's team, which is currently traveling in Spain:\n\nView image on Twitter\nView image on Twitter\n Follow\nTexas A&M Athletics ✔@12thMan\nStatement from Texas A&M Athletics about @aggiewbb in Spain #12thMan\n1:54 PM - Aug 17, 2017\n Replies   57 57 Retweets   170 170 likes\nTwitter Ads info and privacy\nIn July, Tigers head coach Brad Brownell noted the importance of the tour, per Will Vandervort of the Clemson Insider.\n\n\"We are in that environment together for 10 days and we all get to see each other in a lot of different ways and that can be really special when you have a group that gets along as well as this team already gets along,\" Brownell said. \"I think this year's team will be a group that really, really likes each other. I think they really have a kindred spirit about them.\"\n\nClemson won each of its first three games in Spain.",
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      "author": "steemitboard",
      "permlink": "steemitboard-notify-frankoloco1-20170817t193239000z",
      "title": "",
      "body": "Congratulations @frankoloco1! You have completed some achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/posts.png)](http://steemitboard.com/@frankoloco1) Award for the number of posts published\n\nClick on any badge to view your own Board of Honor on SteemitBoard.\nFor more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)\n\nIf you no longer want to receive notifications, reply to this comment with the word `STOP`\n\n> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://cointelegraph.com/news/josh-garzas-sentencing-could-be-postponed-until-january-2018",
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      "permlink": "josh-garza-s-sentencing-could-be-postponed-until-january-2018",
      "title": "Josh Garza’s Sentencing Could Be Postponed Until January 2018",
      "body": "The sentencing of cryptocurrency scammer Josh Garza could be delayed until January 2018. The infamous Garza was arrested in early 2017 and was scheduled for sentencing in October 2017.\n\nReports indicate that this delay was requested by both the prosecution and defense, due to the scheduling obligations of counsel. The court, however, still must approve the motion.\n\nGarza’s alleged crimes\nGarza is among the most hated personalities in the cryptocurrency market. He has pled guilty to scamming investors. His modus operandi was creating cryptocurrency platforms or companies, attracting customers or investors, and then declaring bankruptcy.\n\nAmong the firms established by Garza were PayCoin, ZenMiner, ZenCloud, and GAW Miners. All of these firms declared bankruptcy in 2015. Authorities claim that Garza stole more than $9 mln from those who invested in his companies.\n\nGarza is also facing charges filed by the US Securities and Exchange Commission (SEC) in which he was charged with securities fraud. Those charges stem from actions taken by Garza with respect to his companies GAW Miners and ZenMiner.\n\nGarza has already pleaded guilty to all charges filed against him. He could face up to 20 years in prison for his crimes. What is not yet clear is whether Garza will be ordered to pay restitution.\n\nThe possible postponement of sentencing is expected to prolong the agony of the victims of Garza’s scams. Given this, it will be interesting to see how the court will rule on the proposed rescheduling.",
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