Official CryptoCurrency Thread (Bitcoin, Litecoin, Ethereum & More)

JahFocus CS

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read a little about it and wanted to ask about the bitgrail scandal. DId that have anything to do with the XRB founders or was that just an exchange? The news surrounding it is old and hard to understand since I wasn;t there in real time. XRB seems to have been a decent coin though

The NANO team didn't have anything to do with the BitGrail scandal; they actually supported the successful lawsuit against the BitGrail owner. The scandal really hurt NANO's momentum and muddied its name unjustly.
 

JahFocus CS

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Looking to earn some passive income on your crypto assets, or access financial services such as collateralized loans outside of the big banks? Celsius is a respected platform in the space that offers a suite of financial services to, as they say, help you "Unbank yourself."

Tap in to CryptoCast #013 presented by Cream Scheme to learn about the Celsius platform and how you may consider fitting it into your financial strategy. Referral link in the video description so you can earn $40 in free BTC!



Also available for listening on Spotify, Apple Podcasts, and SoundCloud.
 

Prodigital

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I'm just gonna spam this out there Million (link)

This YouTube named Techlead created his own crypto 2 days ago with 1 million pre mined max supply, and invested 1million dollars of his own to get it started. Its currently at a mkt cap of ~5million.

I've never seen an easier play in my life, some I'm holding. If this gets any real word of mouth going its going its gonna take off, and if it actually becomes a legit project with utility, it's going astronauts status.
 

stealthbomber

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man im really reading thru the last few pages of this and some of y'all are gonna lose a lot :manny:

low mkt cap =/= growth potential :gucci:

buying into projects with no utility or team :why:

im not even claiming to be an expert but the shilling and belief y'all have in these wack azz tokens :usure:

"its not a purse, its a bag :sadbron:"
 

Xyrax

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I'm just gonna spam this out there Million (link)

This YouTube named Techlead created his own crypto 2 days ago with 1 million pre mined max supply, and invested 1million dollars of his own to get it started. Its currently at a mkt cap of ~5million.

I've never seen an easier play in my life, some I'm holding. If this gets any real word of mouth going its going its gonna take off, and if it actually becomes a legit project with utility, it's going astronauts status.


This dude that created this coin just exit scammed it and made millions off of people on the rug pull:

YouTuber TechLead Accused of Scam as Million Token Plummets | Crypto Briefing

The account that minted the token was found to have dumped large batches of the token on the open market, and it's now trading over 64% off record highs.

Following the crash, accusations of a pump-and-dump scam started emerging on Twitter. Those following the situation were quick to note that large amounts of liquidity had been taken off Uniswap by the same address that minted the Million tokens.

At the same time, other users found that a previously inactive account had bought over $100,000 worth of Million tokens before the price increase.

It didnt collapse all the way so apparently hes been on Twitter etc trying to get people to buy more so he can dump the rest of his holdings for millions more.

Be careful out there brehs. :francis:

Altcoins are fun during the bull market but once alt season ends, it gets ugly.
 

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This dude that created this coin just exit scammed it and made millions off of people on the rug pull:

YouTuber TechLead Accused of Scam as Million Token Plummets | Crypto Briefing



It didnt collapse all the way so apparently hes been on Twitter etc trying to get people to buy more so he can dump the rest of his holdings for millions more.

Be careful out there brehs. :francis:

Altcoins are fun during the bull market but once alt season ends, it gets ugly.

e88DyOK.png
 

Prodigital

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This dude that created this coin just exit scammed it and made millions off of people on the rug pull:

YouTuber TechLead Accused of Scam as Million Token Plummets | Crypto Briefing



It didnt collapse all the way so apparently hes been on Twitter etc trying to get people to buy more so he can dump the rest of his holdings for millions more.

Be careful out there brehs. :francis:

Altcoins are fun during the bull market but once alt season ends, it gets ugly.
Accusations, the guy addressed it in a video. He still has 1 million of his own money locked in. It's difficult to explain how liquity pools work, I don't even understand it. But the idea that he's going to rugpull would lead him exposed IRL, have the government after him for pulling a ponzi.

The reason I think this is a good project is the guy has a lot to lose by lying or scamming. It's also very easy to see what's happening on ether scan. His wallet for example has exactly what he says, and you can clearly see it.

I'm up 5x right now lol. Choose your risk wisely, not gonna tell anyone to deny their gut, but think it through.
 

JahFocus CS

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CryptoCast #014 presented by Cream Scheme is now LIVE! It is the 2nd installment in a 3-part mini-series covering some leading platforms offering interest-bearing crypto accounts, and the subject of this episode is Voyager.

Tap in to CryptoCast #014 presented by Cream Scheme to learn about the Voyager platform, how it stacks up to some competitors, and how you may consider fitting it into your financial strategy. Referral link in the video description so you can earn $25 in free Bitcoin on Voyager!



Also available for listening on Spotify, Apple Podcasts, and SoundCloud.
 

wenndigo

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folks need to load up on Ethereum before a single Ether is too expensive for the average person. Take that retirement train...
 

DaRealness

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Hackers steal $600m in major cryptocurrency heist

Hackers have stolen some $600m (£433m) in what appears to be one the largest cryptocurrency heists ever.

Blockchain site Poly Network said hackers had exploited a vulnerability in its system and taken thousands of digital tokens such as Ether.

In a letter posted on Twitter, it urged the thieves to "establish communication and return the hacked assets".

In scale, the hack is on par with huge recent breaches at exchanges such as Coincheck and Mt Gox.

In its letter Poly Network said: "The amount of money you have hacked is one of the biggest in defi [decentralised finance] history.

"Law enforcement in any country will regard this as a major economic crime and you will be pursued.

"The money you stole are [sic] from tens of thousands of crypto community members, hence the people."

Poly Network said a preliminary investigation found a hacker exploited a "vulnerability between contract calls".

It urged various exchanges to block deposits of the coins, after millions of dollars in tokens were transferred to separate cryptocurrency wallets.

About $267m of Ether currency has been taken, $252m of Binance coins and roughly $85 million in USDC tokens.


The BBC is not responsible for the content of external sites.View original tweet on Twitter
Changpeng Zhao, chief executive of Binance, said his firm was aware of the hack, but added there was only so much he could do.

He said the group was "co-ordinating with all our security partners to proactively help".

"There are no guarantees," he added.

Poly Network is a decentralised finance - or Defi - provider, which allows users to transfer tokens tied to one blockchain to a different network.

'All-time high'
Cryptocurrency systems such as Ether and Binance were developed independently, so have struggled to work in conjunction with each other.

Losses from fraud in the Defi sector hit an all-time high of $474m in the first seven months of the year, a report from research company CipherTrace said on Tuesday.

But losses from crime in the overall cryptocurrency market dropped sharply to $681m, compared to $1.9bn for the whole of 2020 and $4.5bn in 2019.

Last week, the US Securities and Exchange Commission (SEC) charged Defi lender Blockchain Credit Partners and two of its top executives for raising $30m through allegedly fraudulent offerings.

The case is the SEC's first involving securities in the Defi space.
 

JahFocus CS

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CryptoCast #015 presented by Cream Scheme is now live, wrapping up the 3-part mini-series on platforms offering interest-bearing crypto accounts. This episode covers BlockFi.

Tap in to learn about BlockFi, their offerings, and how you can leverage the platform within your financial strategy. Referral link in the vid description so you can earn $10 in free Bitcoin on BlockFi!



Also available for listening on Spotify, Apple Podcasts, and SoundCloud.

CryptoCast #014 presented by Cream Scheme is now LIVE! It is the 2nd installment in a 3-part mini-series covering some leading platforms offering interest-bearing crypto accounts, and the subject of this episode is Voyager.

Tap in to CryptoCast #014 presented by Cream Scheme to learn about the Voyager platform, how it stacks up to some competitors, and how you may consider fitting it into your financial strategy. Referral link in the video description so you can earn $25 in free Bitcoin on Voyager!



Also available for listening on Spotify, Apple Podcasts, and SoundCloud.
 

5010

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Depends on what Bitcoin does. :manny: I like to be modest with price expectations in crypto. Closing between $2-3 going into 2022 feels more realistic right now. Wouldn't be surprised if it doesn't cross $5 until the the next halving tbh.

...Might have underestimated the market response to smart contracts going live. :whew:
 

JahFocus CS

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CryptoCast #016 presented by Cream Scheme shifts gears from the mini-series covering platforms offering interest-bearing crypto accounts to take a look at the $1 trillion U.S. infrastructure bill that legislators attached anti-crypto provisions to.

Tune in for the clearest and most concise summary of what the bill means for the crypto space and market participants.



Also available for listening on Spotify, Apple Podcasts, and SoundCloud.

CryptoCast #015 presented by Cream Scheme is now live, wrapping up the 3-part mini-series on platforms offering interest-bearing crypto accounts. This episode covers BlockFi.

Tap in to learn about BlockFi, their offerings, and how you can leverage the platform within your financial strategy. Referral link in the vid description so you can earn $10 in free Bitcoin on BlockFi!



Also available for listening on Spotify, Apple Podcasts, and SoundCloud.
 
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