Cryptocurrency
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- grafician1
BREAKING: U.S. law enforcement officials say they have recovered millions worth of #Bitcoin that Colonial Pipeline paid to ransomware hackers.
- Krassy2
US recovers millions in cryptocurrency paid to Colonial Pipeline ransomware hackers
- so the FBI hacked the hacker's computer in Russia and got control over his bitcoin wallet ?uan
- crazy they actually got the money backdbloc
- Bullishgrafician
- translation: The Feds have control over crypto; therefore, crypto ain't de-centralizedKrassy
- translation: SOME of the money was recovered because the idiots spent in on the open market.sted
- The feds are not the federal reserve lolmonospaced
- shapesalad0
- I love this guy's (sorry) content, but fuck me I want to elbow him in the teeth for his thumbnails.5timuli
- Nairn1
From the land of the tulip...
"Netherlands must ban cryptocurrencies immediately: CPB head"
- renderedred0
Global banking regulators call for toughest rules for cryptocurrencies
- about time...all the douchebags that got rich with shit toxic tech .. its a shame.neverscared
- lol brrrrrrrrrrrrr goes the lamboAQUTE
- renderedred0
anybody here on bitclout? is it a scam? what's the opinion?
- You need to ask?grafician
- i want to know, asking my community for opinion.renderedred
- Only BTCbabydick
- NBQ000
Wait, what? PRiVCY( PRIV) coin is up about 40 million % (yes you read that right.
Yesterday 0.009'ish, today 3,643'ish
WTF??? What gives?
- is this a joke? if you've bought $100 you'd have 39million?Beeswax
- happy birthday coin not doing too bad either.shapesalad
- Seems too good to be true?NBQ00
- Pump & dump?GuyFawkes
- dumb & dumbneverscared
- I have 1 coin, I sell myself that coin at a higher price, then I do it again, passing the money back and forth from left hand to right and back again...monNom
- Then some sucker comes along and sees that there is a ton of trading in my coin, and the price is skyrocketing. They buy some from me and I cash out.monNom
- This is classic behaviour in penny stocks, and crypto's anonymity makes it just that much easiermonNom
- Cryptobro: yo exchange, let's pump X coin today please!
Exchange: *starts the bots*
X coin: too theee moooon baby!
Cryptobro: better sell fast, lambo incominggrafician - yes go to the moon... playing with sand like a toodler.neverscared
- drgs0
- bye byebabydick
- wasn't MArk Cuban shilling this recently?grafician
- https://twitter.com/…drgs
- ^"I got hit like everyone else. Crazy part is I got out"
So scam, much crazygrafician - More info here: https://irony-97882.…grafician
- neverscared0
- How could anything go wrong with all-digital??formed
- Crypto needs regulation. Everything I read is Binance is a fraud. Tether is a fraud. Lots and lots of fraud tarnishing the worthy projects.mandomafioso
- Krassy0
Spain court agrees to extradite McAfee founder to US
- neverscared0
'Big Short' investor Michael Burry warns the 'mother of all crashes' is coming - and predicts crypto and meme stocks will plummet
- i will buy when its for free... not even once.neverscared
- he deleted his twitter account two days ago or somethingBennn
- Again?! Was just reading his latest tweets...
Anyway, the SEC asked him to tone it down again?grafician - hacked.shapesalad
- neverscared0
Bitcoin requires so much computing activity that it eats up more energy than entire countries. One of the easiest and least disruptive things we can do to fight the #ClimateCrisis is to crack down on environmentally wasteful cryptocurrencies.
https://twitter.com/senwarren/st…
the cryptobros are fucked and its good
- it's also a fact, that the climatecrisis was caused before 2008 when BTC was created.
A US senator should first take a look at say 1 of her aircraft carriers.uan - I don't defend the cryptobros... I'm pretty sure they use the crypto algorithm in a wrong way for the planet.uan
- sure aircraft carriers are shit... as is cryptoneverscared
- it was born before, but thats a meaningless argument.neverscared
- i've seen claims that bitcoin is 75% from renewable sources. relocation of Chinese farms move to could make that better or worse, but i've heardkingsteven
- a ton of them are being bought up by folks with he intention of creating carbon neutral farms... there are other solutions, energy webs blockchain can issuekingsteven
- carbon certificates from the energy companies, multiple ways of making exchanges that only use renewables. musk isn't doing shit all about it thoughkingsteven
- so the pressure has to come from somewhere... it'll adapt quickly when it has tokingsteven
- *m̶o̶v̶e̶ ̶t̶o̶ *[is doing shit all / isn't doing shit]kingsteven
- Bitcoin doesn’t require all that energy. It is using it because it is profitable. It works with less also. Google mining difficulty adjustment.ESKEMA
- show us the claims then, or better facts... coz otherwise its bs speculation . china is shutting the down the mining i thought.neverscared
- i have heard thats bullshit propaganda from the cryptobros that they are moving farms.. i heard that crypto is getting its final blow... coz the system is soneverscared
- inherent idiotic and toxic.neverscared
- maybe post some links , coz all that i have heard without source is the apex of fake news.neverscared
- Bitcoin wast using this much energy years ago and it épocas working. What more proof do you need?ESKEMA
- it's also a fact, that the climatecrisis was caused before 2008 when BTC was created.
- neverscared0
Two brothers associated with one of South Africa’s largest cryptocurrency investment platforms, along with their $3.6 billion USD in Bitcoin, have vanished, according to Bloomberg.
The outlet reported that Hanekom Attorneys, a law firm in Cape Town, said they cannot locate Ameer and Raees Cajee, the founders of Africrypt, and have filed missing person reports to the Hawks, the country’s national police force. The firm also informed crypto exchanges across the world in case there is any attempt to convert the blockchain-backed coins.
- Not your keys, not your coinsESKEMA
- yet fundamentally no different than Binance, Coinbase or any other Crypto Exchange none of them are KYC compliant....jonny_quest_lives
- so yeah "not your keys not your coins"... you trade your money for the house casino chips once entering the exchange.jonny_quest_lives
- Exchange liquidity is the elephant in the room.jonny_quest_lives
- i should give coinbase a little more credit for at least doing the bare minimum of KYC compliance...jonny_quest_lives
- remains to be seen how well their funds are insured...jonny_quest_lives
- "To the extent U.S. customer funds are held as cash, they are maintained in pooled custodial accounts at one or more banks insured by the FDIC."jonny_quest_lives
- Our custodial accounts have been established in a manner to make available pass-through FDIC insurance up to the per-depositor coverage limit then in placejonny_quest_lives
- (currently $250,000 per individual). FDIC pass-through insurance protects funds held on behalf of a Coinbase customer against the risk of loss should any FDIC-jonny_quest_lives
- insured bank(s) where we maintain custodial accounts fail.jonny_quest_lives
- FDIC insurance coverage is contingent upon Coinbase maintaining accurate records and on determinations of thejonny_quest_lives
- FDIC as receiver at the time of a receivership of a bank holding a custodial account.jonny_quest_lives
- reading it one could assume each account is insured "currently $250,000 per individual)."jonny_quest_lives
- however: "they are maintained in pooled custodial accounts at one or more banks insured by the FDIC." makes one pause a bitjonny_quest_lives
- is each "pooled custodial account " only insured to $250,000 or does each coinbase individual trading account get the protection...jonny_quest_lives
- wild west...jonny_quest_lives
- No one should keep funds on exchanges, that’s the whole point. The exchanges serve to exchange.ESKEMA
- I guess people only learn the hard wayESKEMA
- neverscared-1
El Salvador's U.S. Bitcoin Partner Lacks Key Licenses
Strike is only licensed in one state despite being active across the United States and El Salvador.https://decrypt.co/73845/el-salv…
lol, after watchin that bitcoin conference from miami... i think this is just bound to fail because the people are so anti-intellectual .
- "This is amateur hour," said
steve_hanke
, an economist at John Hopkins Universityneverscared - Expected anything else?grafician
- sort of .. at least a little more than that neandterthaler rhetoric and vibe it gave off...neverscared
- rrrrightgrafician
- it's been over a decade and yet still nothing good came of crypto space so yeahgrafician
- Why El Salvador would choose bitcoin over all the available cryptos is beyond me. Bitcoin is useless.mandomafioso
- pretty sure that idiot president chose for everybody
now telling everybody the Gov will send $30 worth of BTC to each wallet the people open lolgrafician - BTC "maximalists": "it;s official, bitcoin was adopted as a currency in El Salvador, you can't touch us now"
BTC maximalists before: bitcoin is not a currency!grafician - corruption is high in the country , it makes sense..neverscared
- "This is amateur hour," said
- jonny_quest_lives0
Bro...
- parmazhan coin, broKrassy
- dip of the douchebagneverscared
- grafician-5
"UK financial watchdog bans crypto exchange Binance"
- "from offering certain services"fadein11
- like tradinggrafician
- Ontario, CA banned them too, Japan gave them a notice or something...
The house of cards is starting to shakegrafician - @graf, wrong - "Trading cryptocurrencies is not directly regulated in the UK, but other related activities — such as selling derivatives — do require approval."fadein11
- would be kool just to see the whole thing crumbling ...neverscared
- @fade are you joking? This refers only to Binance in this case, not other regulated brokers offering crypto tradinggrafician
- Binance hasn't been banned from trading crypto. It says it all in your link.fadein11
- @fade uhm, right, how about now: https://www.theblock…grafician
- People keep reading the wrong articlesGnash
- lol, are you reading anything, "regulated activities". Crypto trading isn't regulated in the UK yet. This is all about derivatives which are regulated.fadein11
- If what you believe is true the same would apply to Coinbase, but it doesn't because Coinbase don't offer regulated services like Binance.fadein11
- are you playing stupid or?grafician
- No, you aren't reading what you post, read again, slowly this time. The clickbait headline was misleading and clearly worked.fadein11
- also coinbase is regulated in the US and offers KYC while Binance is not (that subsidiary in the US is useless, just like this UK one now)grafician
- regulation is coming for sure and rightly so, but this isn't what you think it is.fadein11
- Binance hasn't been banned from trading crypto currency in the UK, it's all explained in your links.fadein11
- So you don't understand English but you're in the UK. Great.grafician
- so they can't do options, futures etc and also they can't do unregulated spot trading. what exactly are they useful for then?
smhgrafician - Also overall no, crypto won't survive regulation when the entire market is a scam.
And giving Coinbase as an example is dumb af when their shares are downgrafician - if you use Binance you can still buy and sell crypto. it's not a ban on trading crypto it's a ban on other regulated services.fadein11
- and they are issuing USDC and not having been properly audited in monthsgrafician
- Do you want me to pull out more quotes for you?fadein11
- also how exactly would you regulate Binance when they don't even have a proper HQ, they're an actual shell company, not even registered in some fiscal paradisegrafician
- I was just commenting on your misleading headline and link you didn't read or understand.fadein11
- so fadein11 start fucking reading articles and not comment nonsense lol
smhgrafician - Eh? That's exactly what is happening here. Some of the services they offer are regulated in the UK. I'm not arguing in favour of crypto, you just haven'tfadein11
- bothered to read it properly.fadein11
- I mean you can resort to insults if it helps with your lack of understanding of a very basic article.fadein11
- I gave you another article in the comments with more clear answers, yet you still don't get it, oh well
go ahead "buy and sell" on binance from the UKgrafician - I responded to that article, which said exactly the same as the first one. Some Binance services fall under UK regulation. Trading does not.fadein11
- It's okay to be wrong sometimes.fadein11
- again, it says in all the articles about this that also unregulated activities like spot trading (buy-sell) is banned, in the UK, sure, not internationallygrafician
- that is exactly what "banned in the UK" means, like I can still trade in the EU but you don't in the UK, clear for you now? damngrafician
- so legally you can't use Binance in the UK, if you risk it using the "international" version go ahead, but the articles are 100% right and you're wasting timegrafician
- https://www.bloomber…fadein11
- https://decrypt.co/7…grafician
- so if you're in the markets without understanding how these things work is worrisome...grafician
- you can use Binance in the UK, they just can't set up their new UK division until approved.fadein11
- prices are up on the news anyway.fadein11
- your link, there's even a bullet point for you at the top:
https://decrypt.co/7…fadein11 - mate, you seem tick - the idea was that you can't speculate anymore with Binance, just buy and hold or sell, that can be done with other brokersgrafician
- here, BBC makes it even more clear for you: https://www.bbc.com/…grafician
- so yeah, this might not affect the "international" Binance website, but this means you can't legally use Binance in the UK nowgrafician
- thanks, it took a while but you have just confirmed exactly what I said from the start. You can still buy and sell crypto on Binance.fadein11
- from your latest link:
"This means that people in the UK are not allowed to use Binance's services to speculate, or bet or bet, on whether the price of a...fadein11 - ...currency like Bitcoin goes up or down.
However, they are still allowed to use the website to purchase and sell crypto-currencies, which is not regulated"fadein11 - both links confirm exactly what I said from the start.fadein11
- uhm but that was literally NOT the point, the point was Binance is not regulated in the UK and remains unregulated worldwidegrafician
- for futures, options, trading cpds and stuff, the juicy stuff...buying and holding is for grandmasgrafician
- lol and that's exactly what I said... jesus, give up now.fadein11
- my first comment said that. then you said you could buy and sell crypto on Binance which is completely wrong. But seriously I'm bored now.fadein11
- *couldn'tfadein11
- you said you can buy and sell/hold, I said trading is over and I was right, go home you're drunkgrafician
- "if you use Binance you can still buy and sell crypto. it's not a ban on trading crypto it's a ban on other regulated services.
fadein11"grafician - graf doesn't give up, even if he's flat out wrong out of the gate and you show him how wrong over a dozen notes, he still won't shut the fuck upmonospaced
- fadein11 is right, obvioslymonospaced
- lol, the morons still at it. 2 links HE shared both disprove his drivel and he still rants on...fadein11
- The point was that Binance is banned from the UK, not that the UK is banning trading crypto overall, how is that hard to comprehend?! And how was I wrong?grafician
- read from the top, slowly, you stated numerous times Binance was banned in the UK. it isn't, the UK division they planned to open hasn't been given approval. Itfadein11
- never existed. Binance withdrew their application. It's a nuffink burger. Everyone uses the Binance app. Do you only use local websites in Romania or something?fadein11
- All your links clearly state buying and selling crypto via Binance isn't affected. Yet you still argue. It's quite funny now. But also boring. it's okay to befadein11
- wrong sometimes.fadein11
- https://www.fca.org.…grafician
- so the entire group is banned, how exactly am I wrong again?grafician
- sure, you can still access it, UK is not China to have it banned with the great firewall, but legally you can't use it, so I was rightgrafician
- the entire group isn't banned read the first paragraph, the UK division is banned because they withdrew their application. How many more times you tool. It's okfadein11
- to be wrong (again).fadein11
- I admire your conviction in failing to disprove you are wrong though. It's impressive.fadein11
- "Binance Markets Limited is not permitted to undertake any regulated activity in the UK. This firm is part of a wider Group (Binance Group)."fadein11
- Binance Markets Limited isn't "the entire group". it's all there in the first paragraph, read again.fadein11
- Not to mention "regulated activity" which isn't buying, selling and holding crypto lol. Regulated activity are derivatives. Which is totally the right thing forfadein11
- the FCA to do.fadein11
- shapesalad3
Regarding the binance.uk ban... it'll only be on this FCA listed acquisition rebranded as binance.uk where you won't be able to do futures/derivatives/leveraged trades. It's all ok via binance global. But the press loves some FUD.
- thisfadein11
- "CEO Changpeng Zhao has previously said in a Bloomberg interview the company is "very regulated."'
https://www.business…grafician - Binance is unregulated everywhere, it's basically BitTorrent but for cryptografician
- Anyway, question for you boys: if Binance is banned now in the UK how do you justify gains for tax purposes going forward using the "international" version?grafician
- I don't and never have used Binance.fadein11
- I use binance as wide range of coins, high liquidity and trading volume. It's ok. Nothings perfect.shapesalad
- Where do you think the price of Bitcoin will be in 10 years? Almost worthless, banned in most countriesneverscared
- Which countries have banned it so far? What does that tell you about those countries and the word 'freedom'.shapesalad
- let me reformulate... 5 years to almost worthless.neverscared
- ^make that 1 year or lessgrafician
- UK banned the entire group https://www.fca.org.…grafician
- no they didn't, read the first paragraph of your own link.fadein11
- neverscared0
https://www.bbc.com/news/technol… lawyer for two brothers who founded a South African Bitcoin investment firm has told the BBC they categorically deny any involvement in a "heist".
Africrypt, founded by Raees and Ameer Cajee, "absconded" with Bitcoin then valued at about £2.6bn ($3.6bn), according to a complaint to police.
A law firm - Hanekom Attorneys - made the complaint in April on behalf of a group of investors.
But there is uncertainty over exactly how much crypto-currency is missing.57582805