TL:DR: Proof of Stake is a regressive capital tax system. It leads to the rich getting richer, subsidised by the poor. The post below explains why this is the case and why this is worrying from a security perspective as this leads to ever less security and decentralization over time. I'm using ETH as an…
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I checked the BTC rainbow chart this morning for the first time in ages and discovered a new band had been added. It is below “Basically a fire sale” and is called “1 BTC = 1 BTC”. When did this happen? I’ve always been conscious that rainbows are symmetrical, they go down as well as…
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submitted by /u/PreventableMan [link] [comments]
submitted by /u/Nerolation [link] [comments]
Between September 2021 and mid-June 2022, Samsung invested in 13 crypto/blockchain companies thus making the South Korean corporation the most active among the top 40 corporations. Google’s parent Alphabet firm, on the other hand, tops the category of top corporations that participated in the biggest funding rounds. 40 Corporations Invest $6 Billion According to the […]
submitted by /u/fudge_u [link] [comments]
Senator Andrew Bragg on Monday released a draft bill aimed at regulating crypto exchanges, stablecoins, and the digital yuan.
A founder of a DEX competitor to GMX said on Sept. 2 that an exploit could be pulled off on GMX which could leave GLP holders short. 16 days later, it happened.
I was on Yahoo's front page and they had this article posted from Motley Fool. I was very surprised to see it mentioned Ravencoin. We're getting closer! https://www.fool.com/investing/2022/09/17/2-cryptos-are-hidden-winners-in-ethereum-merge/?source=eptyholnk0000202 submitted by /u/beast6228 [link] [comments]
At some point, it was like a cardinal sin to have bought your cold wallet from a third party vendor such as Ebay, or Amazon. It was always "Get it directly from their site" or have some good basis of data hygiene. Now? You can even get it on BestBuy. Next, there will be other…
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