Unstoppable Domains is bringing the fight for free speech to the domain level after raising $4 million Series A from Draper venture capital. The plus side to operating a decentralized domain registry is that the government or domain providers will not be able to take it down. Control of your own content puts freedom of speech back into the users hands which could be the first big step to web 3.0 https://www.coindesk.com/decentralized-domain-registry-raises-4-million-from-draper-boost-vc
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I've always been a bit suspicious about mixers. The websites were always so sketch imo like as if they couldn't be more obvious. I'm not exactly sure if this was the first or not but it sounds like it may have been a big bust for Europe
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that's actually pretty brilliant and I would want one for sure. I didn't even think of blockchain for that application until I saw this
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https://elixxir.io/prelixxirPrivacy platform Elixxir just released their mobile application for testnet to users for both iOs and Android. I just gave it a go and would have to say the UX is impressive. There's a wallet and even a instant messaging dapp integrated within it. Would like to know your thoughts about it too
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Haha hard to choose just one name but maybe relate it to my twitter handle? idk
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I think this is a lesson to be learned by everyone. Exchanges need to implement better compliance through third party companies to help with tracking like they did with Ciphertrace. Companies need to be more aware of their flaws and just general UX. We need to have a better way to teach people how to transact, store and educate others.
Just like crypto doesn't work without community we need to learn together as a community.
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There's no business without a crime story. In that same business you will also see people that can say they made a lot of money. There's crime and fraud in crypto yes, but if I may ask, how did you get to 1.2 Billion calculation?
from the article it's the total of the Bitfinex exchange scam plus all the other smaller scams or stolen funds found
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You would have to ask cyber security firms like ciphertrace to be able to trace the exact addresses that were owned by Satoshi and whether or not the money inside is still spendable. I believe it is something like the first ten blocks but I am not sure
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With the recent Binance hack of 7,000 BTC cyber security firm Ciphertrace pointed out that the reason hackers were able to obtain API keys, 2FA codes and other info was due to hacking hot wallets using a two factor approach, social engineering and SIM card porting of phone numbers. What Dave Jevans recommends moving forward is a 3FA approach. Has anyone used this or what are your thoughts? https://cryptobriefing.com/binance-promises-to-cover-7000-btc-lost-in-hack/
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I've been really interested in the interoperability projects and coins. Those to me are the most promising and where I want to put my energy
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Binance said that they are going to repay the lost funds and they responded immediately. I think they did exactly what needs to be done in a timely response. I also found it interesting that one of their compliance firms CipherTrace responded in how the hack may have happened due to a two-factor authentication rather than a three. Read it here: https://decryptmedia.com/6930/binance-hack-security-breach
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I agree I think this is a massive impact on the crypto community until something can match the impact WeChat has made
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It does not seem likely in my book. I think all three pose a different unique use case and if anything I strongly believe the competition is good. I imagine us having multiple coins and being able to interact utilizing interoperability
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I've just learned about unstoppable domains https://unstoppabledomains.com/ which is a pretty cool concept in my book. Instead of having a long key to share with people it can be as easy as a domain name ex: hellothere.zil What are your thoughts on this concept? Will this make crypto less intimidating?
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I am not surprised that Sweden would be first to go cashless. I feel like as a society they are always ahead of the rest of the world whether it's healthcare, environmental care and now moving to a decentralized economy
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There's a lot of theft on exchanges, hackings. So sorry for those who lost their assets there. Lots of scam ICOs too. There's nothing we can do about it but doing thorough research on where to trade and invest. As for me, I would rather put my assets in my wallet than leave it on exchange
Keeping the coin in your wallet is of course the safest, but if you want to sell coins you still have to use exchanges because that's where you need liquidity in this market. I think anything can happen to your property and cannot say anything because this market is very risky and we must check carefully when receiving or sending. I personally recommend choosing a hard wallet to ensure the best asset if you have long-term investment needs What are your thoughts on money laundering? Can that still happen outside of exchanges?
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