Credit : Matt Levine, Bloomberg

The crypto.

A growing number of Coinbase customers are complaining that the cryptocurrency exchange withdrew unauthorized money out of their accounts. In some cases, this drained their linked bank accounts below zero, resulting in overdraft charges. …

Coinbase declined to comment on how many users are affected, what the underlying cause of the problem is, and whether it will refund overdraft charges resulting from its duplicate transactions. “We’re aware of the issue and will be posting updates via Reddit, Twitter and our company blog,” a spokesperson said in an email. “We’ll be reaching out to affected users to solve the issue as required, as well as posting updates via social channels.”

You know what I say around here: The eventual fate of all Bitcoin exchanges is to lose their customers’ Bitcoins. But Coinbase is different. It is not a grubby dangerous Bitcoin bazaar but a clean well-lit modern Bitcoin supermarket, “the layman’s introduction to the volatile world of cryptocurrencies” with easy bank-account linkages, thorough compliance programs and a New York Bitcoin license. And so instead of losing your Bitcoins, it loses money directly from your traditional regulated bank account! It’s … kind of the worst of all worlds?

Elsewhere Atari crypto blockchain blah blah blah, you know the drill:

The company says it is investing in a “crypto platform” that will use its own digital currency, the “Atari Token.” It can be used to – you guessed it – play video games.

They should hire the “Pocketful of Quarters” kid, he is way better at naming cryptocurrencies than they are. “Atari Token,” come on.