Cryptocurrency Contents Archive

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2 years ago

(Jun 11, 2023 07:24)

Hacker drains Russian special services wallets, transfers funds to Ukraine

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79

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182

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2 years ago

(Jun 11, 2023 07:04)

We need a decentralized exchange with the functions of Binance/Coinbase

By the functions of Binance/Coinbase, I mean an exchange that is cross chain and has lots of coins and tokens listed. But ideally something that looks like Binance or Coinbase to a user. The US government is intent on killing centralized exchanges that serve US customers (which btw beautifully illustrates the problems with centralization) Is anyone working on this? I know it would be very technologically challenging given it would need to have decentralized liquidity providers (potentially split across multiple chains). Maybe something on an L2 where everything is wrapped? That's not ideal though because it isn't as simple as Binance or Coinbase and if we want mass adoption it needs to be simple af

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70

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19

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2 years ago

(Jun 11, 2023 10:37)

Democrats may lose youth votes over anti-crypto sentiments, warns Winklevoss

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36

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27

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2 years ago

(Jun 11, 2023 08:24)

A reminder to break this FUD doom and gloom mood: Halving event will be in ~10months, possibly followed by a bullrun

To cheer you all up I want to remind you about an event which will evenually lead to a new bullrun. It is the halving event, where the mining reward is cut in half. It happens every 4 years. Historically everytime when this event occured, a bullrun follows. In around ~10 months, the next halving event will happen! If history repeats for the 4th time, a great bullrun will be waiting for us. This bullrun will be very huge, incrredibly huge where life changing gains can be made. Instead of being sad and frustrated about the recent crash, we should be thankful for these soon ending discount sales prices. People who want to play it safe, can invest in the **B**ig crypto first, once we are very close to the halving event, they can go into alts if they like when altcoin season will bloom.

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41

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14

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2 years ago

(Jun 11, 2023 10:08)

It’s tempting to feel sorry for FTX nerd Caroline Ellison, but she should still go to prison

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79

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8

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2 years ago

(Jun 11, 2023 10:04)

I think Peter is starting to get it..

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15

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18

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2 years ago

(Jun 11, 2023 09:51)

SOL is not a security, says the Solana Foundation

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45

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5

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2 years ago

(Jun 11, 2023 08:21)

5 Stages of Crypto

Denial- the stage where you convince yourself that your Alts won’t be affected…..tell people you are “ in it for the tech” Anger- the stage where your Alts continue to go down the shitter and your friends keep asking “how’s the crypto world going?” when they already know the answer as they talk about dividends, funds, and being able to actually retire Bargaining- the stage where you convince yourself that DCA is still the way and say “ I’m just getting my cost basis down….it’s going to turn around if I can just keep investing” Depression- the stage where you realize lawsuits are real, lawsuits take extremely long to be resolved, some FUD is not make believe, and the money you had/have in crypto is producing nothing but pain as opposed to ROI. You spend a lot of time on the toilet. Acceptance- you realize that you should just stop throwing more money into the furnace and diversify your investments so hopefully, if all goes well, you can retire before you expire.

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27

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11

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2 years ago

(Jun 11, 2023 07:51)

Average Lifespan of a Fiat Currency is 50-90 years, US is at year 50.

Not to mention we’re overdue for a recession by next year. DCA or bust, right?

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15

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16

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2 years ago

(Jun 11, 2023 08:40)

Could El Salvador run a global BTC to FIAT on/off ramp service?

It seems like El Salvador with legal tender bitcoin and legal tender dollars would have no impediment to offering global exchange services. What am I missing? Why aren't they doing this? They could be the global hub for crypto exhange services.

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9

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24

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2 years ago

(Jun 11, 2023 10:49)

Solana, Cardano, Polygon Push Back Against SEC 'Security' Label

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26

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6

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2 years ago

(Jun 11, 2023 09:16)

Binance and Coinbase collectively lose $4B in outflows

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30

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5

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2 years ago

(Jun 11, 2023 09:55)

A sideways Bitcoin price could lead to breakouts in ETH, XRP, LDO and RNDR

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19

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3

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83% up

2 years ago

(Jun 11, 2023 09:26)

ETH staked is close to passing ETH on exchanges

It wasnt too long ago that people were very bearish about the merge. The great ETH unlock that would result in millions and billions being dumped onto the market. Similar to the Mt. Gox narrative it ended up as a nothing burger, with Ethereum sitting at 611,000 validators and 94,900 validators waiting to join the network. Staking has become such a popular form of yield farming that the amount staked is gonna do a [flippening](https://query.nansen.ai/public/dashboards/N66fdNAA5IucdnVchQGH4hQlEqAPfdpYUYHYYJ4N?org_slug=default) on the amount on exchanges. 5% is no joke if youre long ETH, and people are realizing that its much more beneficial than having ETH just sit there in a wallet. There are MMFs that offer 5% on T-bills for USD but those have deposit limits and lose money YoY up against the almighty money printer. Even given the uncertainty behind staking products and securities law nonsense with crypto people have proven to be very bullish on the merge

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12

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5

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83% up

2 years ago

(Jun 11, 2023 06:33)

I really don’t understand why ZEC (Z-Cash) is so unpopular.

I don't even remember when I saw a post about it here or a mention in a comment. It is one of the oldest cryptocurrencies that has been in the top 100 since its inception, and a few years ago it was also in the top 20. Together with the Monero, it is on the first rank of cryptocurrencies with the greatest anonymity of transactions, it is basically untraceable. It is also a classic Proof of Work cryptocurrency, which has been one of the most advantageous mining options for many years. The current price is absolutely insane, it's almost an All Time Low and I really don't understand how people ignore this. For example, such shitcoins as Solana or Algo are much more popular and have a larger community, while ZEC has a much greater potential for use and maybe there will come a time when we will all needs it. What do you think about it? Is here anyone who still buys ZEC? Also sorry for my English, not my primary language.

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43

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0

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