r/CryptoCurrency • u/Odlavso • 14d ago
GENERAL-NEWS Ledger CEO confirms that if subpoenaed by a government they would turn over the three encrypted shards giving them access to your wallet.
r/CryptoCurrency • u/002_timmy • 6d ago
GENERAL-NEWS Crypto influencer posts wallet address, tells followers they will get nothing, and has received over 300 ETH as a result
An influencer on crypto twitter, Pauly0x, has received 300 ETH simply by posting his address and telling his followers they will get nothing. 6 hours ago, Pauly0x posted his address with a gif telling his followers they'll get nothing. He also registered the ENS domain yougetnothing.eth. You can find the wallet here- https://etherscan.io/address/0x8DFD4f307B6011D4CB21007FD5658f0686523938
As a result, his followers decided to flood his wallet with Ethereum (and other coins). The crypto is flowing in like crazy. He's received 2x 10 ETH transactions, and 75 transactions of 1 ETH or more. In total, there are over 2600 incoming transfers.
He's been posting memes all day and has a goal of earning $1m in crypto. When I exported the TX history, there were 2620 TXs and 2404 unique sending addresses, which shocked me since I thought it was just a publicity stunt.
We try farming moons for a few hundred to a few thousand every month, and this guy figured how to earn $600k in an afternoon.
UPDATE: In the time it took to complete this post, the wallet is up to 300 ETH
r/CryptoCurrency • u/ChemicalGreek • 6h ago
GENERAL-NEWS It's Now Official The SEC Files 13 Charges Against Binance Entities and Founder Changpeng Zhao! The Most Important Info Summed Up And CZ's Reaction.
As many media already said, CZ and Binance is getting sued. In this post I try sum the most important info!
HERE IS THE OFFICIAL ANNOUNCEMENT OF THE SEC: https://www.sec.gov/news/press-release/2023-101
IF YOU CLICK ON THE ANNOUNCEMENT THE OFFICIAL PDF DOCUMENT OF THE COMPLAINT IS AT THE RIGHT OR BELOW. (DESKTOP/MOBILE)
Most important info:
"The Complaint also charges violations of critical registration-related provisions of the federal securities laws:
- Binance and BAM Trading with operating unregistered national securities exchanges, broker-dealers, and clearing agencies;
- Binance and BAM Trading with the unregistered offer and sale of Binance’s own crypto assets, including a so-called exchange token, BNB, a so-called stablecoin, Binance USD (BUSD), certain crypto-lending products, and a staking-as-a-service program; and
- Zhao as a control person for Binance’s and BAM Trading’s operation of unregistered national securities exchanges, broker-dealers, and clearing agencies."
ALLEGATIONS IN GENERAL:
- UNREGISTERED EXCHANGE, BROKER, AND CLEARING AGENCY
- UNREGISTERED OFFER AND SALE OF CRYPTO ASSETS
- FAILURE TO RESTRICT U.S. INVESTORS FROM ACCESSING BINANCE.COM
- MISLEADING INVESTORS
- BNB AND BUSD ARE SECURITIES ALONG THESE TOKENS/COINS: SOL, ADA, MATIC, FIL, ATOM, SAND, MANA, ALGO, AXS, and COTI
- ESCAPE THE REGISTRATION REQUIREMENTS OF THE FEDERAL SECURITY LAWS
- EVADING US REGULATORY
What do you guys think?
r/CryptoCurrency • u/TheGreatCryptopo • May 02 '23
GENERAL-NEWS Biden proposes 30% climate change tax on cryptocurrency mining
r/CryptoCurrency • u/partymsl • 1d ago
GENERAL-NEWS One single person lost $8M from the Atomic Wallet hack, over $35M have been stolen so far and even Phishing scam fake refunds are coming in. Be careful.
Yesterday the news broke of one of the biggest Crypto wallets ever being hacked and compromised, Atomic Wallet. This one likely hits very close to home as many here, including me, also had some of their assets on it thinking it would a safe choice.
Before we go towards a possible solution for all of these Wallets hacks and what I find is the best way to counter all of that uncertainty, let‘S look at the stats of this one. For that we are taking the held pf the on-chain detective ZachXBT, who has monitored the biggest losses so far.
Chart of the top 5 victims of Atomic Wallet, b ZachXBT
Here we can see the five biggest victims of this hack as of the latest update. One singular person even lost 7.96M USDT, another person lost 1875 ETH ($3.5M) and many more people lost many hundreds of thousands. The total combined losses have exceeded well above $35M, with the top 5 taking up $17M losses themselves.
Scammer putting out fake refund program
Moreover, ZachXBT has brought to attention that even during those tough times many scammers are targeting the victims with fake refund programs that will cost even more of your assets. Be really safe out there right now and only take news form the official Atomic Wallet account.
As to how we could find a solution to the many wallet hacks happening, from MyAlgo Wallet to now Atomic Wallet, for me this seems obvious: Just as we always told each other to not keep all our eggs in the same basked with our Crypto investments, the same applies for keeping you Crypto in wallet. Have multiple wallets and also hardware wallets to keep your Crypto safe and most importantly write down the seed phrase for all of them safely.
r/CryptoCurrency • u/ChemicalGreek • 5d ago
GENERAL-NEWS Binance will disable trading of privacy coins in France on June 26th! The tokens are DCR, DASH, ZEC, ZEN, PIVX, NAV, SCRT, XVG, FIRO, BEAM, XMR, MOB.
Binance decided to disable trading of privacy coins in France on June 26th. This is a measurement to comply with the local regulatory requirements. The privacy coins that will be disabled from trading are DCR, DASH, ZEC, ZEN, PIVX, NAV, SCRT, XVG, FIRO, BEAM, XMR, MOB.
Users from France got this e-mail today:
It's really a step backwards to regulate privacy cryptocurrencies. This means the local governments are trying to regulate things because of bad actors. Meanwhile bad actors are also using more cash FIAT than privacy cryptocurrencies.
Will this be the start or will it only stick to France?
EDIT: Binance users of Italy, Poland and Spain will have the same issue.
r/CryptoCurrency • u/ChemicalGreek • 4d ago
GENERAL-NEWS If you have funds on gate.io, please withdraw as precaution! Gate.io might have insolvency problems after the arrest of CEO Zhaojun and the Multichain treasury being backed by 30%.
This post is as precaution to withdraw your funds from gate.io! The Gate.io team might have insolvency problems after the arrest of CEO Zhaojun and the Multichain treasury being backed by 30%. Their native token is also falling drastically.
See it here:
Also Arkham is reporting some shady transactions:
As precaution I advice you to withdraw your funds from gate.io! This CEX also has moons listed so withdraw your moons too just to be safe.
Be safe there guys!
r/CryptoCurrency • u/ChemicalGreek • 15d ago
GENERAL-NEWS MetaMask will hold your crypto, if you haven't pay taxes. This was added when they adjusted their terms of service!
After all the ledger drama, we may see another one. MetaMask adjusted their terms of service and now they say that they have the right to withhold taxes where required.
Read it here:
This is not what decentralization looks like. I fear that more and more companies will try to control people and their funds where they can. Governments probably seek to some kind of centralization where they can intervene when possible.
This is also getting viral on Twitter:
What do you think about this situation? And where will this end?
r/CryptoCurrency • u/jormpt • 11h ago
GENERAL-NEWS Cardano founder Charles Hoskinson tops Zuckerberg and Kardashian in private jet pollution
r/CryptoCurrency • u/Fredzoor • 25d ago
GENERAL-NEWS Mysterious Wallet Created an Hour Before Elon Musk Tweeted About New Memecoin Nets 2,300% Profit: On-Chain Data
r/CryptoCurrency • u/NckyDC • 20d ago
GENERAL-NEWS If you have a Ledger Wallet, be aware of the latest Firmware update 2.2.1
For anyone staking or using Ledger as your wallet, be aware that the latest firmware update introduced an option for Recovery Seed Service.
The ledger team has yet to clearly outline the functionality of this but they already stated that this paid service will broadcast the seed to third-party companies (also not disclosed). This leaves the question as to what the options are for people who are not opted in. Can even their seed be broadcasted unknowingly?
This is a full betrayal of the Ledger who has always stated to never ever share the keys online. The community is very upset. Please have your voice heard in the ledger sub.
r/CryptoCurrency • u/dcdplex • 6d ago
GENERAL-NEWS Bankman-Fried charges should not be tossed, prosecutors say
r/CryptoCurrency • u/liveaskings • 2d ago
GENERAL-NEWS Bitcoin Millionaire and Crypto Founder Found Dead with Gunshot Wound
r/CryptoCurrency • u/seniorbatista19 • May 05 '23
GENERAL-NEWS PEPE tops $1 billion market cap even as Binance flags lack of utility
r/CryptoCurrency • u/002_timmy • 3d ago
GENERAL-NEWS Today, Crypto Influencer Ben.ETH's 3rd project in a month was rug pulled within minutes of it launch. Also today, Crypto Influencer Ben.ETH launches his 4th project in a month, this time a 10k NFT project with a .1 ETH mint price.
Ben.ETH is a "popular" crypto influencer. About a month ago, he launched a token called $BEN. A few days after it was released, the project was rug pulled and Ben.ETH made millions of dollars from the scheme.
Shortly after the $BEN fiasco, Ben.ETH announced another project, but this one was going to be better. He built up a bunch of hype and had a presale for his new token, $PYSOP. Shortly after being distributed, quite a bit of money was added to the LP. Ben.ETH took his overwhelming supply and swapped everything for ETH, leaving his project worthless and making off with millions.
Then, shortly after this fiasco, Ben.ETH announced a 3rd project. This time, he promised his followers, will be different. He learned from his prior mistakes. He was going allocate a whole 33% to users who bought the token on pre-sale. He was "only" going to keep 67% of the remaining tokens. This new token would be called $LOYAL, because Ben appreciates loyalty. He also decided to partner with this sub's favorite influencer, BitBoy.
What could go wrong? Well, today the token was released and this happened.
Immediately after, just a few hours ago, Ben.ETH tweets this-
Keep in mind, the image is Ben's PFP. In reality, it is literally just an orange square. Absolutely 0 effort whatsoever.
At .1 ETH for 10k mints, this will generate 1000 ETH (or ~$1.86 million).
Well, he has already minted 9000. He is saying the last 1000 will be given to $LOYAL holders, likely done as a way to curry favor. It has traded over 500 ETH so far (creator earnings are 5%) and the floor is .135 ETH, best offer is .112 ETH. It is the top collection over the last hour on OpenSea.
I can't believe how willing these people on crypto twitter to just give money to people who are, at best, grossly incompetent, and most likely, complete fraudsters and scammers. To add on top of it, the NFT is a membership. 1 membership is all someone needs for access to "future product." Yet, there's only 27% unique ownership on this NFT.
I simply don't understand this mindset. I'm also glad for Reddit and its web3 community for being significantly more intelligent. So, how many more scams will Ben.ETH be able to pull off?
r/CryptoCurrency • u/Odlavso • 13d ago
GENERAL-NEWS Ledger announces they will accelerate opensource road map and delay the release of Ledger recover Service.
Ledger finally caved to users complaints and have decided to delay the release of Ledger recover. They have also announced the will be accelerating their open-source roadmap to try and appease the customers who are changing hardware wallets and leaving Ledger.
Tweet from Ledger CTO
Ledger Open-source Roadmap
The CEO of Ledger also released a letter explaining the new path the company has decided to take.
we have made the decision to accelerate the open sourcing roadmap! We will include as much of the Ledger operating system as possible, starting with core components of the OS, and Ledger Recover, which won’t be released until this work is complete. Furthermore, we will open source the Ledger Recover protocol, enabling the community to have as much choice as possible over your self-custody,in addition to the service being fully optional.
The CEO has gotten a bit of backlash since he is still blaming the customers for not understanding the service instead of realizing that the majority of their current customers don't want this service.
our unintentional communication mistake took everyone by surprise and affected our customer’s ability to accurately understand Ledger Recover
Is this enough to keep current Ledger customers happy, or have they now lost the trust they had which can't be recovered easily?
r/CryptoCurrency • u/Dazzling_Lime2021 • 9d ago
GENERAL-NEWS Peter Schiff, despite saying Bitcoin has no value since inception, is now using Bitcoin Ordinals to sell art
No, this isn't April fools or a comedy post, he's really doing it.
It's comical to see him do this and I don't understand his logic here. If Bitcoin doesn't offer any value, how could you use it to sell art? When confronted on the reasoning for why he's responded with the idea that it's still a real, original oil painting and may hold it's value over time. There will be 50 total prints signed by him and the artist, each with a corresponding Ordinal. Looks like it's going to be auctioned off in NYC.
Whether he eventually admits it has value in the future or not, it doesn't really matter and Bitcoin doesn't need him. But if you're going to be against it but use the technology that really means you acknowledge it's worth.
Previous tweet from 2021:
r/CryptoCurrency • u/ChemicalGreek • 11d ago
GENERAL-NEWS ''The Reddit Rabbids Collectible Avatar Collection'' are out (and it's free)! More info and link in the post.
The Free ''The Reddit Rabbids Collectible Avatar Collection" NFTs are out!
It will redirect you to here:
Note that the supply is different from all the rabbids, so chose wisely!
Why this launch? (From the r/CollectibleAvatars sub)
"The Rabbids are infiltrating Reddit to celebrate the launch of the latest game in the franchise, Rabbids Party of Legends. We are joining forces to create this first gaming forward collection. Starting today, you will be able to claim one of the six amazing Reddit Rabbids Collectible Avatars to add to your Vault. For those familiar with the Rabbids, now is the time to add this to your personal Collectible collection, and for those who may be meeting them for the first time, it’s time to take the plunge
You can chose between those 6 avatars:
Photo from https://opensea.io/collection/reddit-rabbids-x-reddit-collectible-avatars
It's nice to see that Reddit is making this kind of collaborations with other games/companies. I hope to see more of these in the future.
Thanks for reading!
r/CryptoCurrency • u/Beyonderr • 28d ago
GENERAL-NEWS Someone just paid 64 ETH ($119K) in gas fees trying to buy a meme coin with 84 ETH ($156K)
Today, a user tried to buy a meme coin with 84 ETH on Uniswap and paid 64.01 ETH in transaction fee.
This was picked up by Whale Alert, a bot that shares big movements on Twitter.
People are mocking this user and saying that it must be Bitboy, because he doesn't not know how to swap on uniswap (see top post, lol).
While at face value it seems like an accident, various people are arguing that this was a voluntary move. Apparently he tried to buy some coin named FOUR and is up on the trade. But I cannot get this confirmed.
Information on the block is here
So much crazy news lately. From someone accidentally sending $1.5 million to the wrong address, to another person buying the wrong $PEPE in April and getting rugged instead of becoming a millionaire, to this person paying insane fees.
Never a dull week in crypto.
r/CryptoCurrency • u/CryptoIsThePlan • 13d ago
GENERAL-NEWS Coinbase to roll out 'Moving America Forward' national campaign for cryptocointelegraph.com
r/CryptoCurrency • u/Lord-Nagafen • 21d ago
GENERAL-NEWS OpenAI chief Sam Altman is close to raising $100 million for his eyeball-scanning Worldcoin crypto project, report says
r/CryptoCurrency • u/OneThatNoseOne • 7d ago
GENERAL-NEWS The Metaverse Has Depreciating Property Values - Top metaverse property platforms report up to 90% depreciation.thestreet.com
r/CryptoCurrency • u/Safe_Boot677 • 6d ago
GENERAL-NEWS Robert Kennedy Jr Slams SEC for Protecting Banks Instead of American People — Calls for Crypto-Friendly Commissioners – Bitcoin News
r/CryptoCurrency • u/Jeffscrazy • 27d ago
GENERAL-NEWS 2 whales dump $35.7m in ETH after the Ethereum Foundation and Vitalik Buterin sell
r/CryptoCurrency • u/zuchl • 4d ago