Cryptocurrency Contents Archive

Former $10 trillion BlackRock manager: "#Bitcoin will be part of everyone's portfolio" 🚀

Behold the Nautilus Cryptomine! The facility is expected to reach 300 MW when complete.

How are we already in 2022 and still using long and unreadable randomly generated wallet addresses

Idk about you but sending crypto to some address that looks like "fgrtd367hjgfciuu566744hjfghjjg576555fkphftolnfo48jongji" is freaking stressful, mobile UIs do a poor job in showing the entire address and you never know if you made a typo or deleted by accident something. You click send and pray... I've been using NEAR and it has completely ruined the UX of everything else for me and I just feel like its native human readable addresses should be a standard in the entire industry. If I'm withdrawing from an exchange all I have to do is just type "myname.near", short, easy to remember and verify. If I'm interacting with DeFi I can easily identify the smart contract that asks for permissions to avoid phishing scams. Seriously, how is this not the industry standard in 2022? We're shooting ourselves in the foot by using basically the same UX that has been around since bitcoin came out 13 years ago.

Ripple Founder Jed McCaleb Pocketed $3.1B in ‘Mind Blowing’ Gains From XRP Sales

#ETHEREUM IS UP 30% in 7 DAYS 🚀

It’s bad enough to lose access to my funds because of a loan to Three Arrows. It’s worse to find out they were already insolvent and used the loan to buy a fucking yacht.

Free markets are smarter than economists.

Three Arrows Capital founder bought a $50M yacht with borrowed funds for his company. Now his company is bankrupt but he probably not.

A few weeks ago 3AC has collapsed and filed for a Chapter 11 bankruptcy. Some reasons have been the LUNA-UST collapse but also a very bad business model of the exchange where the crypto hedge fund basically just borrowed money from many other companies without every repaying that and now even those companies are going bankrupt. So what did they do with that borrowed money, obviously they used it to improve their project and safety for their customers. Well from the $72M borrowed from Celsius, $50M directly went to the founder Su Zhu and he bought a yacht with that money. I mean apperantly the project was always supposed to be a total scam and their team never took it serious. Sadly there are still such projects out there so be careful what you trust in.

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Facebook's former Head of Messenger: #Bitcoin is "the most secure and trusted form of decentralized store-of-value and settlement." 👏 https://t.co/HW3qB4XTJK

The one thing that protects companies during a recession is cash flow

How to single-handedly end the bear market! 🐻 #meme #funny #joke #crypto #blockchain #finance #bear #market

Former Blackrock top executive Edward Dowd: “Bitcoin will eventually surpass gold”

But what about the ALTCOINS?

Seems as if altcoins are now out performing the bull weather monsters. Could it be that our risk appetite is returning? For example: ApeCoin rose 19% Polygon ramped up 25% While Cardono and ETH climbed 11% and 12% respectively. While the biggie BTC meagerly gained a 7.5% increase. Breaking out??? Maybe, maybe, maybe. I see this as kind of normal when other coins seem to outperform BTC when prices continue to fall. Maybe because they’re less liquid? Another factor that might be the driving force; and that is something about a “merge” that might take place the week of September 19. For ETH that just may be the cause of the recent surge. Would love to read others thoughts. Stay safe out there.

Three Arrows Capital creditors lent bankrupt fund $3.5 billion, court documents show