Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

FTX funds are being drained! A Hack or Insider Job!

submitted by /u/diwalost [link] [comments]

DO NOT UPDATE YOUR FTX APP: Funds being drained actively from user accounts

UNINSTALL YOUR FTX APP AND DO NOT INTERACT WITH ANY FTX SERVICES There are rumors of a hack ongoing at FTX with many users reporting that their account have been drained of their balance. An FTX app update was pushed earlier and it’s possible that this loaded some kind of Trojan that enables them to…
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forgot about gas fee question

If I forgot about the gas fees and already sent an Erc20 token over to a wallet can I add ethereum to the receiving wallet post transaction for it to process? I looked up my address and on the the ethereum is now on chain. What do I guys think is it lost? submitted…
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The unfolding of SBF’s empire: A Rudderless ship led by a hedonistic captain where orgies and nepotism ran rampant in the Bahamas

In case you haven't heard already, SBF's empire was revealed to be run by himself and 10 of his flatmates in the Bahamas. (See: Link here) Yes, they ran TWO multi-billion dollar companies (FTX and Alameda) like a bunch of hedonistic kids and nobody publicly found out until this debacle unfolded. What did that Rudderless…
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Sam Bankman-Fried was playing League of Legends during fundraising Zoom call with Sequoia Capital. Source: Sequoia’s SBF profile article.

Financial Times posted an article on it too The Zoom went well for all concerned. SBF looked relaxed as he answered questions, talking, as he usually does, in complete paragraphs about topics of extreme complexity [1]. Ramnik Arora, FTX’s head of product and another ex-Facebook engineer, remembers the meeting clearly: “We’re getting all these questions…
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White House, US Senators Call for Proper Crypto Oversight

The White House and members of the U.S. Senate Banking Committee have called for proper cryptocurrency regulation following the collapse of crypto exchange FTX. “Without proper oversight of cryptocurrencies, they risk harming everyday Americans, and this is something that clearly we monitor and we see as an important issue,” said White House press secretary Karine […]

The Fictitiousness Of The Consensus Algorithm, The Failure Of Decentralization, And The Emergence Of Nonblockchain (The content is very long. Pre-scrolling is recommended.)

Definition The blockchain is operated based on a plurality of nodes configured in a P2P method. Countless transactions are submitted moment by moment from clients all over the world towards countless nodes spread all over the world. The results of these transactions are recorded on all nodes, and in particular, the contents should be the…
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CryptoCom SHIB allocation is BULLISH. They’re not stupid. ALSO: make sure to check new Shibatreats Reward portal, i claimed like $1880 in $BONE airedrop. HODL SHIB

So yeah, few people close to me have been questioning, isnt it a scarey thing that cryptocom could dump their tokens and give us another zero, but nah. this is not a fly by night scammy FTX clone, they are regulated as shit and really have their stuff together, they will be one of the…
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FTX started transferring millions to unknown wallets

submitted by /u/Picoton [link] [comments]

Sam Bankman-Fried’s crypto empire ‘was run by a gang of kids in the Bahamas’ who all dated each other

submitted by /u/TomatilloFabulous602 [link] [comments]