Cryptocurrency Contents Archive

Binance publishes proof of reserves website list 611,919 BCH liabilities but links to cold wallet with a balance of only 112,615 BCH. They literally have posted evidence that they have only fractional reserves.

https://www.binance.com/en/assets-proof screenshot: https://i.redd.it/i6fdch8e35z91.png Bitcoin Cash BCH Bitcoin Cash Proof of Assets 451,920 BCH qre24q38ghy6k3p...8hqmxmqqn28z85p BCH Wrapped Token 9,713 BCH BEP2 150,286 BCH Cold wallet backing: https://www.blockchain.com/bch/address/qre24q38ghy6k3pegpyvtxahu8q8hqmxmqqn28z85p Final Balance: 112,615 they fucked up on listing it for BCH. They listed their liabilities instead of the actual balance on their cold wallet. (they where not suppose to list their liabilities) They claim there is over 450,000 BCH on their cold wallet but if you look on the chain yourself you find it's only a 100K. Where does the 450,000 BCH number come from? Most likely they accidently gave away their BCH liabilities. If you still keep your BCH on Binance after knowing this ... there is no hope for you. Their cold wallet balance does not even cover the amount of Binance Pegged BCH they have on BSC - 160k + BCH.

White House: Crypto needs oversight to avoid harming Americans

"Bitcoin will be the winner because bitcoin is a digital commodity and it's the least controversial of everything" said MicroStrategy's Michael Saylor

Saylor on CNBC: Speaking for all the Bitcoiners, we feel like we're trapped in a dysfunctional relationship with "crypto" and we want out

EXCLUSIVE Bankman-Fried seeks $9.4 bln package for FTX rescue-sources

JPMorgan says FTX collapse fallout could cut the value of cryptocurrencies in half before it's over

Friendly Reminder: Get a Hardware Wallet

At no effort at all you can get a $60 hardware wallet (Nano S) and make sure that at least your Bitcoin and Ethereum are safely placed outside CEX territory. I mean, seriously... if after today you still aren't looking at ways to secure your crypto, you must be mad. It's not a stretch of the imagination that FTX won't be the only exchange that will meet its demise over the course of the next several months. We're seeing multiple liquidity runs and we should anticipate exchanges not acting in the interest of their customers. Regardless of how you see the cryptocurrency environment, it's still one primarily motivated by cashflow and getting rich quick schemes. A hardware wallet will totally disconnect you from the dangers of CEX or DEX and make sure you are the boss of your own currencies. Make sure you do!

Only Just a meme

TRX and FTX Manipulating Markets Through Using TRX As Only Withdrawable Asset And Disabling Deposits

Ethereum is the greatest asset on Earth

Ethereum is the only asset on Earth that does all of these, in a actually sustainable and satisfactory way: 1. Store of Value 2. Commodity 3. Money 4. Innately can generate income (capital asset) Even beyond cryptocurrency or decentralization, no other thing on Earth does all of these in a sustainable and satisfactory way

Republican lawmaker claims SEC chair was coordinating with FTX 'to obtain regulatory monopoly'

It’s time to consider an organized movement against @garygensler. He is as crooked as the day is long. He was literally working with SBF to checkmate the entire industry, It needs to be more than just tweets and letters. Going to be putting thought into this.

Technical Analysis does not work: Candlestick patterns are of little use in cryptocurrency trading - Peer-reviewed scientific paper shows conclusive evidence.

Tom Brady and other super wealthy investors lost big money in the FTX crypto collapse

Might not be much to some but I’m finally a half coiner. Safely stored off exchanges.