by COINS NEWS - 2 days ago
Like what if we had some state authority (that way it cannot be stolen) print out crypto vouchers. 0.1 bitcoin, 1 bitcoin, 10 bitcoin, 100 bitcoin etc. Then we could use them to trade in daily life at stores and such. We could even set up physical br...
by COINS NEWS - 2 days ago
https://preview.redd.it/dp4c6xvhstyh1.png?width=474&format=png&auto=webp&s=807c8be0dc967aded387ab9a548b48e6c7e374e7 From Bloomingbit: A hacker tied to the Binance breach is converting stolen assets into Ether to evade asset freezes....
by COINS NEWS - 2 days ago
Apparently $6.3 billion in crypto can disappear in about 20 minutes. That's roughly $5 million per second. ???? I couldn't resist turning this whole disaster into a little browser game called SAFU OR NOT SAFU. ???? Play it here: https:/...
by COINS NEWS - 2 days ago
I know a few things about RWA privacy. I think institutions use privacy platforms to trade tokenized assets to ensure their positions are not public. I am somewhat aligned with them here. A fund managing millions probably doesn't want competito...
by COINS NEWS - 2 days ago
âMy hope is that the Bitcoin community will essentially find a path over the coming couple of quarters,â Not sure how to make it more clear. He had no incentive to "FUD". His company is taking action and he knows it is important for the...
by COINS NEWS - 2 days ago
I posted this yesterday but it got deleted by Reddit's spam filters. I'm hoping to hear what the greater crypto community thinks about Monero. submitted by /u/Radio-Free-Canada [link] [comments]
by COINS NEWS - 2 days ago
I've played these games before. So many times have I played these games before. The coins pumping today is just so phony and bullshit. I've been in crypto for long enough to know that the biggest exchange in crypto doesn't just get hacked...
by COINS NEWS - 3 days ago
This year it seems like nothing is safe anymore. Cold Card devices were hacked into. There have been instances of Ledger devices no longer being secure even when bought from official authorized sources. Now Binance gets hacked. People have even told...
by COINS NEWS - 3 days ago
Unpopular opinion: the Binance hack isnât the real story. Everyoneâs talking about the $6.36B. Iâm looking at what saved the other $2.7B. It wasnât decentralization or code. It was Tether, Circle, and Ripple hitting a freeze button. Arbitrumâs Securi...
by COINS NEWS - 3 days ago
The crypto world is reeling after a hacker drained billions of dollars from Binance, the worldâs largest digital currency exchange, on Thursday. The full details of the hack are still emerging, but the broad strokes of what happened are becomin...
by COINS NEWS - 3 days ago
Event Date Amount stolen (at the time) Recovered? 1. Mt. Gox Feb 2014 $450M Partial 2. Coincheck Jan 2018 $534M No 3. LuBian Dec 2020 $3.5B No 4. Poly Network Aug 2021 $611M Yes (nearly) 5. Ronin Mar 2022 $625M Partial (~10%) 6. BNB To...
by COINS NEWS - 3 days ago
I was reading with interest this article on TRM about the Finance hack. In it, they mentions Binance wallets on multiple chains have been left dry. I also remembered reading about Binance allegedly manipulating crypto markets. Do you guys think this...
by COINS NEWS - 3 days ago
I swapped USDC and got a few tokenized stocks on Solana a few weeks ago just to see how they work. The buying process was pretty simple. I didn't need a brokerage account, and the tokens showed up almost instantly. But I'm still not clear on...
by COINS NEWS - 3 days ago
I haven't needed to use Crypto since at least half a decade ago, I wanted to make some purchases today and oh my god, what the fuck happened? It's far more difficult and way more regulated than any regular currency, plus the fees the fucking...
by COINS NEWS - 3 days ago
The power to rescue funds from a DeFi contract and the power to rewrite that contract are two different things, but today a single admin key often holds both. Many DeFi smart contracts are upgradeable, meaning an admin key can swap out the code gover...
by COINS NEWS - 3 days ago
About the Binance hack, I saw three different numbers in the last few hours: 5.6B: pinned post on this subreddit 6.3B: https://www.youtube.com/watch?v=DHCIWzNFp4s 8.9B: https://www.youtube.com/watch?v=Pw0ehu59r8A Which one of these is true? I also...
by COINS NEWS - 3 days ago
Binance has suspended all withdrawals after the worldâs largest cryptocurrency exchange fell victim to what appears to be the biggest heist in history. The exchange put the âestimated total impactâ of the hack at about $6.3bn and said around $...