Cryptocurrency Contents Archive

Making moons almost compulsory to retain makes it looks like a shitcoin from an Investor's perspective.

If you plan on earning moons it is compulsory to hold 75% of the moons to avoid a penalty. Selling all your earned moons basically means no more earning moons in the future. No matter what reason are given it is very obvious this rule is implemented to maintain an inflated price that untimely benefits the whales. This sound like The squid game token *with extra steps.* Whales and top earners can easily sell 25% of their moons every month and still gain significant money. Its promoting holding just so the price doesn't tank. Although it is said it is to promote governance proposals which make sense as they need certain threshold. But this looks like an excuse from the point of view of an investor. # It's just not a good look where prices are stable not organically but because its forced. This holding is not the same as investors holding because they believe in the project. This just calls for a massive dump when the prices soar.

So Polygon went down, why’s no one talking about it?

Polygon had 150 block reorg https://polygonscan.com/block/39599624/f?hash=0x0b7e6c5e9fbae3e2dbd114e4836b52ffb1211820bf62bbbd3ddf859dd07c0fe1 Note that this is NOT an explorer issue, instead of believing, verify yourself. dApps also stopped working and faced issues. It’s absurd that no one seems to fairly address issues of Polygon as well, but if Solana goes down for 1 second, it is a centralised unable chain. When a third party wallet (Slope) was hacked, you guys were shitting on the chain (Solana). There’s a clear bias in here and I don’t understand why. If Solana is centralised (with 3k validators), how is Polygon not (with 100 validators)?

What is your favourite purchase that you made with money from crypto?

Contrary to popular belief there is some people out there who actually sell crypto for USD. 🎉 We don’t all have diamond hands and ride out the volatility. 💎👏 This question is for you legends who actually sell when the price is up! 📈 What is your favourite or most life changing purchase you have made by selling crypto for USD. Do you regret selling your crypto or has this purchase added significant value to your life? If you have more then one purchase, feel free to list more than one! I’m just curious to see how people have turned magic internet monies into real life objects that add value to their everyday life. Thanks for sharing!

Pantera Capital invests $10m in Ethereum MMORPG Worldwide Webb as players rush to claim land and enjoy the rich PVE/PVP experience

IMF Board 'Generally Agreed' Crypto Shouldn't Be Legal Tender

If something happens to you, what happens to your crypto?

Life can be rather fragile, I often think about some solutions as to how to organize shit so all the assets and money wouldnt be lost and my daughter could somehow retrieve them if something happened to me. I've considered one of those services for example emails provide that if the account isnt logged on in X time it sends a pre-defined email into pre-defined addresses. Perhaps better not to put actual seeds into that though.. so then would still have to figure out an actual safe way to store the seeds that the email could lead to. There are bank deposit box services too, but doesnt sound paying monthly for 60 years "for nothing". Have you thought about this and have you perhaps solved it?

You know this industry is f*cked up when coinbase launching a centralized "L2" with no fraud proofs and fully controlled by a 4/6 multisig cabal of insiders and VCs is met with euphoria and hype by the crypto community

"Controversial me" all day long, it is not controversial at all in my opinion. The new Base L2 launched by Coinbase is a centralized mess (just like all the other rollups like Optimism or Arbitrum on mainnet) and there's no more excuses. They are all controlled by a 4/6 multisig, 4 people control your funds, it is worse than a bank. Is it too much to ask out of this industry to not have centralized VC garbage that can be rugged entirely by a few insiders? It just feels like every single year I spend in crypto, more and more of my faith that we'll return to the OG vision of security and decentralization just disappears.

Reddit will announce market place before Gen 3

Gen 2 Avatars sold out in 48 hours I think, the popular ones went way faster. Reddit knows these are gonna sell out fast and start selling on secondary markets. They’re going to want to capitalize on that so they either make them more expensive, mint more, or get in on the secondary sales. In my opinion it makes way more sense to introduce their market for buying, selling, and trading and then drop Gen 3 so they get the secondary revenue. The only benefit to Reddit for an instant sell out is press, but they don’t make more money directly. If they had all the hype of the Gen 3 drop on their own platform it would get way more interaction and instantly return revenue. TLDR: Reddit would be missing out on a lot if they don’t introduce their own market place before Gen 3.

Steve Bannon's MAGA Crypto Coin Has Lost 95 Percent of Value

The IMF just said it doesn't want any other country in the world to adopt #Bitcoin. They're scared https://t.co/c08GEWeg17

Sam Bankman-Fried and FTX straw donors made tens of millions of dollars in illegal political contributions, DOJ alleges

What was your first bag? Let's see the results!

I made a different post asking what your first bag was, how it performed and if you still had it? Doing a quick look through it appears Doge was the winner with several others in contention though. I thought a poll might help to make it easier to see who comes out on top as the top OG bag maker. The below are the 4 most common I saw plus an other option and a dark horse. Let's see who the winner is. My vote is other as my first bag was Stellar (XLM). Thanks every body who casts a vote and to everyone in general I look forward to seeing the results. [View Poll](https://www.reddit.com/poll/11a4hed)

Bankman-Fried charged with hundreds of illegal campaign donations

Since the beginning of the Ukraine crisis a year ago, #Binance has remained committed to helping those affected locally and abroad. In our yearly report, you can read about @BinanceBCF's ongoing efforts since the early days of the crisis, as well as key initiatives.

Advantages DEX versus CEX - solid read :)