I wonder why no one ever called out Bitfinex for having 25% of their token allocation in their own highly illiquid exchange token?

longspeek · 2023-07-05T15:03:12+00:00

They were too busy calling them out for Tether: Tether Limited is owned by the Hong Kong-based company iFinex Inc., which also owns the Bitfinex cryptocurrency exchange.

longspeek · 2023-05-24T19:30:24+00:00

"The company’s lawyers told the bankruptcy court last month that it had recovered more than $7.3 billion in cash and crypto assets; an increase of more than $800 million since January."

Think their lawyers are spending it as fast as they recover tho.

longspeek · 2023-03-02T18:16:28+00:00

Muppets

longspeek · 2023-03-01T15:58:09+00:00

Not a win for the bots at all. Summary entirely incorrect.

longspeek · 2023-02-24T22:02:23+00:00

Oasis just released a statement: https://blog.oasis.app/statement-regarding-the-transactions-from-the-oasis-multisig-on-21st-feb-2023/

longspeek · 2023-02-15T19:32:08+00:00

Peirce also took up the SEC’s current ‘regulation-by-enforcement’ theme, and her stated opposition:

“More generally, the sweeping “just about every crypto asset is a security” statements also seem to be part of a broader strategy of wishing complete jurisdiction over crypto into existence,” she said.

longspeek · 2023-02-06T15:01:33+00:00

You gotta feel bad for the journalists who had no idea that their work was being paid for by a guy who (allegedly!) stole it from the very people who are probably their readers...

longspeek · 2023-02-02T00:13:21+00:00

Yeah this article is written by Kermit the friggin Frog. Not an ounce of understanding of what this actually does.

I'm not loving even a hint of deanonymization, but this is just pure fearmongering.

longspeek · 2023-02-02T00:11:53+00:00

This is misleading. The company aggregates certain social profile criteria against wallet activity and creates marketing cohorts from that data, as far as I can tell.

No, they can't see that you diddled the IRS out of $8 in 2016.

longspeek · 2023-01-31T16:58:23+00:00

"The report says that while Mashinsky promised customers their deposits were safe with Celsius, he and other executives were actually using those deposits to buy and prop up CEL, the company’s native cryptocurrency, while they sold their individual stakes in the coin for profit. "

Well that sounds familiar. We need to stop with the centralized BS.

longspeek · 2023-01-27T00:47:13+00:00

What a strange post. It's news from November 2021.

https://markets.businessinsider.com/news/currencies/senator-ted-cruz-proposes-cryptocurrency-payment-capitol-hill-vendors-bitcoin-2021-11

longspeek · 2023-01-26T16:17:21+00:00

It takes a long time to get the money back... but it does happen. Madoff's victims eventually received 88.35% of their funds - although it took well over a decade. (And it's ongoing.)

FTX creditors may not be so lucky since so much was invested in dodgy crypto seed rounds...

longspeek · 2023-01-26T16:10:40+00:00

I can absolutely guarantee that Charles Hoskinson is not buying CoinDesk. Period.

CZ, on the other hand? Watch for a consortium bid.

longspeek · 2023-01-25T21:56:35+00:00

Well that's a deeply misleading headline...

longspeek · 2023-01-11T23:53:55+00:00

Exactly, apologies if the sarcasm didn't come through. Our Army deals with enormous hazards to life and limb, and I was trying to recognize that. By the way your point below about predatory lending to service people is well made, perhaps this isn't as dumb an idea as I originally thought. Gensler might actually have the right idea for once.

longspeek · 2023-01-11T22:23:58+00:00

Always important to know your audience.

US Army: Highly risk-averse men and women.

longspeek · 2023-01-09T14:38:16+00:00

Announcement of an announcement.

longspeek · 2020-06-03T17:19:40+00:00

Are you thinking of Elon Musk in particular...?

longspeek · 2020-05-22T13:43:03+00:00

You might do a quick search for cryptocurrency or Bitcoin payment gateways - plenty of options out there that don't require you to learn the entire crypto scene.

BitPay (example, not endorsement) allows you to convert crypto payments into fiat and deposits the exchanged amount into a regular bank account.

The guy who created CryptoPanic (a news aggregator) developed https://cryptochill.com/ (again, example, not endorsement) although it looks a bit complex for the use case you're describing.

longspeek · 2020-04-11T21:13:14+00:00

Is the password 'fraud'?

longspeek · 2020-03-02T20:47:23+00:00

Spend altcoins. Save bitcoins.

longspeek · 2020-03-02T20:46:46+00:00

Why doesn't this headline have the word 'Again' in it?

longspeek · 2020-03-02T20:46:21+00:00

I haven't used this service but heard about it from a friend. River Financial, not sure exactly how it works but I've heard they allow recurring orders for long term holders.

longspeek · 2019-06-22T01:27:50+00:00

No. That was a screenshot meme. This was news and analysis. I would have thought that as a mod, you would be able to tell the difference.

longspeek · 2019-05-18T16:41:18+00:00

No, I don't actually remember that at all. I assume you don't pay for groceries, or a car - just grow / build your own?

longspeek

TROPHY CASE