Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Peter Schiff Says Bitcoin Still Has a Long Way to Fall — Values BTC at $10K

Economist and gold bug Peter Schiff says bitcoin still has a long way to fall after the collapse of crypto exchange FTX. He also believes that $10K is the real price of bitcoin, warning that “The lion’s share of the selling has not even started yet.” Schiff Predicts ‘Bitcoin Still Has a Long Way to […]

Genuine question. Are we all in it just for the money?

So as the title suggests I hear and see a lot of conversation about crypto, the potential bright future it can hold and doing away with fiat money etc. But I've got to be honest, I'm in it for the money. I got super lucky during the rise of the Elon investors and rode the…
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Daily General Discussion – November 20, 2022 (GMT+0)

Welcome to the Daily General Discussion thread. Please read the disclaimer and rules before participating.   Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading,…
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‘FTX Accounts Drainer’ Now Holds Over 250,000 ETH, Address Is the 27th Largest Ethereum Wallet

The exploiter responsible for siphoning millions of dollars in ERC20 tokens and ethereum from FTX has added more ether to the entity’s holdings. The wallet is now situated in the top 30 largest wallet positions in terms of ethereum holdings. The address dubbed the “FTX Accounts Drainer” now holds 250,735 ethereum on Saturday, Nov. 19, […]

PSA: Scam NFTs are never safe to interact with. Here’s why.

In the comments of a recent post I noticed a huge amount of misunderstanding around how to safely deal with the free NFTs that randomly appear in your wallet. Stuff like: Do not do this. Do not do this either. This scam also exists but dangerous to claim nfts themselves are harmless. It would be…
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New York Fed and 9 Major Banks to Test ‘Interoperable Network of Central Bank Wholesale Digital Money’

Nine major financial institutions and the Federal Reserve Bank of New York have started to experiment with a digital dollar proof of concept to see if distributed ledger technology can improve settlement between central banks, commercial banks, and regulated non-banks. The New York Fed details that the proof of concept will be done in a […]

Communicating with the Ethereum Blockchain

If someone wants to send eth not from an exchange, but directly from the Ethereum blockchain, how can they do that? From my limited tech knowledge, my understanding is that when you go to a website and type a web address in your browser, you are communicating with the server of the website that you…
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Cautious Reminder that Moons have heavily centralizing factors.

I know most active contributors here place a great deal of value in moons, some of us have over $10,000 worth of these community points currently. But in the wake of being more attentive against centralized exchanges, we must not fool ourselves and pretend moons have any significant difference. First of all, yes, earning moons…
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Will the FTX situation make defi and non-custodial wallets better?

I’ve been wondering if there will be a shift in the Defi space after the FTX situation. When I try to get my friends that are new to crypto to use metamask instead of keeping their wallet on an exchange they always complain that it’s complicated. Do you think the FTX situation will push non-custodial…
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