Cryptocurrency
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- grafician0
"1/ Nomad just got drained for over $150M in one of the most chaotic hacks that Web3 has ever seen. How exactly did this happen, and what was the root cause? Allow me to take you behind the scenes"
"12/ tl;dr a routine upgrade marked the zero hash as a valid root, which had the effect of allowing messages to be spoofed on Nomad. Attackers abused this to copy/paste transactions and quickly drained the bridge in a frenzied free-for-all"
- Aaaah yeees, Ethereum the grift that keeps on giving...grafician
- grafician0
"Just over $5.2 million in cryptoassets have been stolen so far from more than 7,900 Solana wallets, according to blockchain forensics firm Elliptic"
- neverscared1
Tesla has cashed out most of its bad bitcoin bet
https://www.businessinsider.com/…
makes since before it goes to the next fulminant nosedive.
- omahadesigns-5
I currently own $1000 of bitcoin. I bought it for like $2000 a year ago.
Should I sell and eat the loss?
- Who would buy?grafician
- If he can sell it it will be bought. lolmonospaced
- Lol @ „who would buy?“. Do you think $1k-2k peanut monies can’t be sold at the bid?NBQ00
- @ Omaha: if it’s not your life-savings then why sell, might as well hold it and see what happens with it in the next 5-10 years.NBQ00
- @mono crypto is zero sum game, omahadesigns needs to find a bigger fool to buy his bitcoingrafician
- What are you talking about? As if there's not enough liquidity to get rid of peanuts $$. There's billions worth of trading every day. 1k is nothingNBQ00
- 1000 lettucesisaca
- @NBQ I'm talking about the greater fool theory on which crypto is built on.
Doesn't matter the sum...grafician - Should You Buy The Dip?utopian
- buy high sell low.inteliboy
- neverscared0
‘Go home’: Honduran community fights against crypto colonialistsThe battle over land rights and sovereignty on the island of Roatán has galvanized the whole country
Jeff Ernst in Crawfish Rock
Tue 5 Jul 2022 10.00 BST
Straight ahead of Wilford Webster’s hilltop home, waves break over the turquoise waters that surround the reefs
offshore
https://www.theguardian.com/worl…
- grafician-5
Aaaand another one...
"The Vauld management wishes to inform that we are facing financial challenges despite our best efforts. This is due to a combination of circumstances such as the volatile market conditions, the financial difficulties of our key business partners inevitably affecting us, and the current market climate which has led to a significant amount of customer withdrawals in excess of a $197.7 m since 12 June 2022 when the decline of the cryptocurrency market was triggered by the collapse of Terraform Lab’s UST stablecoin, Celsius network pausing withdrawals, and Three Arrows Capital defaulting on their loans."
- Nothing like bear market to clear out the trash.shapesalad
- You can't say it's much better in the S&P500 - many zombie companies there, all part of that vanguard INDEX fund you all think is 'safe'.shapesalad
- @shape crypto is a house of cards, while the S&P is not ;)grafician
- and S&P index has decades and decades of real performance, real companies. Crypto is a ponzi scheme with nothing behind it.formed
- how many bailouts in those decades and decades of real performance?uan
- What does that have to do w performance of stocks? How many companies in that were bailed out?formed
- if they needed bailouts, specially the ones that drive the market, they didn't perform always well. their performance wasn't 'real'uan
- S&P is up 3000%+ over the last 30 years. That is 'real', like it or not.formed
- my point is, it's the same 'real' as crypto is. just has got more history.uan
- lol @bailouts :))))
lol @same real as crypto :))))grafician - the putin lover cant relate proper...neverscared
- It’s not the same.monospaced
- shapesalad0
So... bear market over?
https://twitter.com/Cristiano/st…
"Cristiano Ronaldo Proud to be partnering with Binance
Together we’ll give you the opportunity to own an iconic piece of sports history.
I’m excited to take this journey with all of you. Let’s change the NFT game with #Binance."
- doggydoggdog0
Where did the money go?
- Nairn1
"All the money was always gone".
- grafician-3
"Crypto lending company Babel Finance halts redemptions and withdrawals (babel.finance)"
"Notice
Dear Customers,
Recently, the crypto market has seen major fluctuations, and some institutions in the industry have experienced conductive risk events. Due to the current situation, Babel Finance is facing unusual liquidity pressures. We are in close communication with all related parties on the actions we are taking in order to best protect our customers. During this period, redemptions and withdrawals from Babel Finance products will be temporarily suspended, and resumption of normal service be notified separately. We apologize sincerely for any inconvenience caused.
Babel Finance
June 17, 2022"
- Aaaand another one bites the dustgrafician
- *POOF*formed
- lolKrassy
- naming your company "Babel," great choice...sarahfailin
- BTC still at $20kgrafician
- uan0
What happens to LUNA now?
looks like it wasn't delisted everywhere.
But trading is halted.what about the projects that were built around it?
- Trading resumed on Binance
https://pbs.twimg.co…drgs - x500 from the bottomdrgs
- Trading resumed on Binance
- omahadesigns0
Have any Coins skyrocketed lately or is this all pre-Elon on SNL when Doge went through the roof.
I put $50-100 on a handful as a gamble and all have seemed to go down.
- PhanLo-1
- Of course after running through a plethora of dickheads Jordan Peterson pops his head up near the end.
He's the dickheads dickhead.PhanLo - lol was he fucked on cheap cider and pills?face_melter
- ^Hehe. Good having you back Facemelter :-)PhanLo
- Of course after running through a plethora of dickheads Jordan Peterson pops his head up near the end.
- doggydoggdog0
Think Shib or Doge will ever go up?