Are ‘Pharma Bro’ and Barron Trump behind DJT token, and is Kraken being extorted?

Rise’n’Crypto

In over 150 episodes, we have never covered more crypto drama in a single episode than this one — not by a long shot. As usual, we’ll start with a rundown of Bitcoin in the past 24 hours, explaining why the price has felt stuck for so long, the insane number of short positions in BTC, and why one popular statistic about Bitcoin miners is misleading. Then it’s onto the drama, with Kraken claiming it is being extorted for $3 million by a mystery security research team, which then outed itself publicly, and Arkham has put out a $150,000 bounty to find out who is behind TrumpCoin, as rumors abound about “Pharma Bro” Martin Shkreli and Barron Trump.
Further reading:

• Why is Bitcoin price stuck?
• ‘Insane amount’ of Bitcoin shorters are hoping it won’t go to $70K
• Bitcoin miner reserves drop to lowest in 14 years
• Kraken says its being extorted following bug bounty report
• CertiK identified Kraken exploit, claims exchange ‘threatened’ its team
• ‘Pharma Bro’ claims Barron Trump holds private keys to DJT token

References:

So, grab yourself a coffee, and let’s get into it!

• @PastryEth's summary of key moments from Martin Shkreli's Space

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