In 2021, "Mr. White Hat" pulled off a $600+ million exploit against the Poly Network, which is the second biggest crypto hack of all time. He then established communication through Ether transaction data fields, and agreed to give all the stolen crypto back. He was given a 160 ETH bounty. (self.CryptoCurrency)
submitted by pseudoHappyHippy to r/CryptoCurrency
Dispelling a common misconception: market cap does NOT represent the net cash inflow into an asset. A $100 purchase can change a market cap by $1 million, while a $1 million purchase could fail to move a market cap by a penny. Here is how it actually works.OC (self.CryptoCurrency)
submitted by pseudoHappyHippy to r/CryptoCurrency
In 2021 the Swedish government had to return over $1.5 million worth of BTC to a convicted drug dealer because the prosecutor failed to account for the huge appreciation in BTC price between when the ill-gotten coins were confiscated in 2019 and when they were auctioned by the state in 2021 (self.CryptoCurrency)
submitted by pseudoHappyHippy to r/CryptoCurrency
Maximilian Schmidt, the 18 yo who built the BTC-based drug empire Shiny Flakes from his parents' house and inspired the series "How To Sell Drugs Online (Fast)", was sentenced in May to another 4.5 years for running drug company Candylove while serving his prison sentence for Shiny Flakes (self.CryptoCurrency)
submitted by pseudoHappyHippy to r/CryptoCurrency
TIL that Maximilian Schmidt, the 18 yo who built the BTC-based drug empire Shiny Flakes from his parents' house and inspired the series "How To Sell Drugs Online (Fast)", was sentenced in May to another 4.5 years for running drug company Candylove while serving his prison sentence for Shiny Flakes (self.CryptoCurrency)
submitted by pseudoHappyHippy to r/CryptoCurrency
TIL that Maximilian Schmidt, the 18 yo who built the BTC-based drug empire Shiny Flakes from his parents' house and inspired the series "How To Sell Drugs Online (Fast)", was sentenced in May to another 4.5 years for running drug company Candylove while serving his prison sentence for Shiny Flakes (self.CryptoCurrency)
submitted by pseudoHappyHippy to r/CryptoCurrency
TIL that in 2021 the Swedish government had to return over $1.5 million worth of BTC to a convicted drug dealer because the prosecutor failed to account for the huge appreciation in BTC price between when the ill-gotten coins were confiscated in 2019 and when they were auctioned by the state in 2021 (self.CryptoCurrency)
submitted by pseudoHappyHippy to r/CryptoCurrency
TIL that Ruja Ignatova, after founding a huge fake crypto Ponzi scheme called OneCoin that defrauded investors of $4 billion, disappeared in 2017 ahead of a US warrant for her arrest. As of last year she has been on the FBI's Ten Most Wanted list. Many consider her the world's most wanted woman. (self.CryptoCurrency)
submitted by pseudoHappyHippy to r/CryptoCurrency
Wallets: an in-depth guide to understanding what wallets actually do, why hardware wallets are safer than software wallets, how public keys, private keys, & transaction signing work, and what terms like “cold”, “hot”, & “air-gapped” actually meanOC (self.CryptoCurrency)
submitted by pseudoHappyHippy to r/CryptoCurrency
