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2841  Other / Archival / Re: FTX - Derivatives Exchange. My Review on: April 26, 2022, 04:07:17 AM
It appears that FTX might become the most dominant major player in the American crypto market hehehe. Sam Bankman Fried and also his VC and market making team at Alameda Research are presently beginning to conquer everything. There was an article that Alameda market makers are the largest borrowers of USDT, rumored to control more than 33% of USDT issued.

In any case, has anyone tried using FTX.us before? How good is it if compared with Coinbase or Binance.us?



Sam Bankman-Fried, the founder and CEO of crypto exchange FTX, met Goldman Sachs (GS) CEO David Solomon in the Caribbean to discuss potential collaborations between the two firms, the Financial Times reported Thursday.

The two chief executives discussed Goldman Sachs advising FTX, which was valued at $32 billion in January, on future funding rounds and taking a role in a potential initial public offering (IPO), according to the report, which cited people familiar with the matter.


Source https://www.coindesk.com/business/2022/04/21/goldman-sachs-eyes-collaboration-with-crypto-exchange-ftx-as-ceos-meet-report/
2842  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: April 26, 2022, 01:11:58 AM
There are speculations that Samuel Deebo might leave the 49ers, however there is no news on why he wants to leave or where he will be traded. Will it be as simple as he only want to leave California? If it is really his reason, I speculate that he might be moving somewhere in Texas hehehe. It might also be Nevada?



While we still don’t know the precise reason(s) for Samuel’s trade request, the fact that it’s gotten to this point counts as a failure, at some level, by the team. Unless the sole reason is he doesn’t want to be in San Francisco, the 49ers could have said or done something to keep the relationship from disintegrating to this point. And even if it’s as simple as Deebo not wanting to live and work in California and nothing more, his decision to disclose his desire to seek a trade suggests that there’s a level of animosity that shouldn’t exist between an NFL team and such an important player.

Source https://sports.yahoo.com/deebo-samuel-continues-intent-leaving-235904205.html

It could be as simple as he wants a ring. Wink

For a ring, does this imply that he wants to go to Kansas? There is no more Tyreek Hill in Kansas anymore hehehe. It might also be to the Packers. I just read an article that there is also no more Davante Adams in Green Bay.

It might also be the Cowboys? Amari Cooper also was traded to Cleveland. They might have a chance for a good performance in the playoffs. There is also Tampa Bay.
2843  Economy / Gambling discussion / Re: 🏈🏈 The American Football Discussion Thread 🏈🏈 on: April 26, 2022, 12:15:30 AM
There are speculations that Samuel Deebo might leave the 49ers, however there is no news on why he wants to leave or where he will be traded. Will it be as simple as he only want to leave California? If it is really his reason, I speculate that he might be moving somewhere in Texas hehehe. It might also be Nevada?



While we still don’t know the precise reason(s) for Samuel’s trade request, the fact that it’s gotten to this point counts as a failure, at some level, by the team. Unless the sole reason is he doesn’t want to be in San Francisco, the 49ers could have said or done something to keep the relationship from disintegrating to this point. And even if it’s as simple as Deebo not wanting to live and work in California and nothing more, his decision to disclose his desire to seek a trade suggests that there’s a level of animosity that shouldn’t exist between an NFL team and such an important player.

Source https://sports.yahoo.com/deebo-samuel-continues-intent-leaving-235904205.html
2844  Economy / Services / Re: [OPEN] BitLucy.com 🎰 Signature campaign ⚽🏏🥊🏀 7 EURO Free bet 777 users! 🔥 on: April 25, 2022, 10:33:58 AM
Current number of post (Including this one): 2185
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2845  Bitcoin / Bitcoin Discussion / First African country adopts Bitcoin as official currency on: April 25, 2022, 04:47:47 AM
Are we witnessing only the beginning of bitcoin's adoption as legal tender around the world? What would the world be like if more developing countries and 3rd world countries adopt bitcoin and begin trading each other using bitcoin? Everyone knows I am a skeptic and have speculated these countries accepting bitcoin as legal tender are only doing it for publicity. However, I am presently not certain of this anymore hehe.



The Central African Republic has become the first country in Africa to adopt Bitcoin as a payment currency. In a worldwide first, the National Assembly unanimously adopted the bill to help put the country’s plan for economic recovery and peacebuilding on track.

The minister of digital economy, post services and telecommunications, Gourna Zacko, and the minister of finance and budget, Calixte Nganongo, initiated and submitted the draft law establishing both the legal framework for cryptocurrency regulation and Bitcoin as an official currency in the Central African Republic.


Read in full https://forbes.mc/article/first-african-country-adopt-bitcoin-legal-currency-central-african-republic
2846  Alternate cryptocurrencies / Altcoin Discussion / Re: Public service announcement for Metamask users, Apple IOS IpadOS versions on: April 25, 2022, 03:05:06 AM
@masterrex. Agreed. For those users who underestimate this and think that this will not happen to them, be careful because this type of attack has a victim already. Where the floor prices presently are for MAYC, there might be more than $200k in NFTs stolen from this user.



Hey y’all, let’s see how amazing this community can be. My entire wallet was just stolen. Totally wiped out, MAYC 28478, MAYC 8952, MAYC 7536

Gutter cat 2280 , 2769, 2325
Also stole 100k in ape coin.
Looking for all the help I can get.

100kreward 
@BoredApeYC @GutterCatGang

This is how it happened, Got a phone call from apple, literally from apple (on my caller Id) Called it back because I suspected fraud and it was an apple number. So I believed them
They asked for a code that was sent to my phone and 2 seconds later my entire MetaMask was wiped


Source https://mobile.twitter.com/revive_dom/status/1514751885126914051?s=12
2847  Alternate cryptocurrencies / Altcoin Discussion / Re: Why I think Defi and NFTs will be the most important elements in the cryptospace on: April 23, 2022, 04:23:11 AM
Defi and NFTs will not only be important elements in the cryptospace, I reckon Defi will be the main element that will serve as basic infrastructure for all digital items created in the cryptospace. This will include NFTs as mentioned and will also serve cryptocoins like Bitcoin, Ethereum, other altcoins and stablecoins. Defi can also serve casinos, DAOs and many other usecases.

Before I had a wider understanding about Defi, I thought it was only another new scam in the cryptospace that will be forgotten. This is because I thought Defi would try to serve real world assets of value that will be tokenized. I was clearly very wrong in this type of thinking. It was when I was beginning to witness the longterm cultural value of NFTs when I realized of Defi's importance as an infrastructure for anything with value in the cryptospace.

In any case, there are Defi projects in the cryptospace already serving NFTs to provide liquidity for them. I speculate they will be the next 10x - 100x projects.

DeFi won't be a thing as long as crypto people are using it to run away from regulators when they should embrace and integrate regulations.
For now they work as a proof of conceptbut RegDeFi is where we should be headed. Even Andre Cronje who is basically the godfather of DeFi wants to focus on regulation focused projects now.

https://www.coindesk.com/tech/2022/04/19/defi-developer-andre-cronje-teases-new-regulation-focused-crypto-projects/

Here's a project that's currently furthest ahead in tech and Regdefi:
https://www.youtube.com/watch?v=LqDTGk6yuBg

NFTs on the other hand can be used for lots of things.


I disagree because there will always be users in the cryptospace who will always be willing to use Defi's infrastructure because the need it. They will need it for loans, they will need it for yields, they will need it for swaps and many other usecases.

Regulators cannot do anything to enforce the law because those smart contracts are immutable.

Also, you should not trust Andre's words. He rugpulled his followers and made more than $1 billion and he returns with an article telling everyone that regulation is needed in Defi? This is head shaking.
2848  Alternate cryptocurrencies / Altcoin Discussion / Public service announcement for Metamask users, Apple IOS IpadOS versions on: April 22, 2022, 03:37:42 AM
Disable icloud automatic backups for Metamask or turn off icloud backups to avoid unrequested backups for the data in your device. Also login to your icloud.com account to see which of your data have been uploaded without your knowledge. You might have personal selfies that you do not want others to see hehehehe.



If you have enabled iCloud backup for app data, this will include your password-encrypted MetaMask vault. If your password isn’t strong enough, and someone phishes your iCloud credentials, this can mean stolen funds.

Read in full https://mobile.twitter.com/metamask/status/1515727239391809536?s=12
2849  Economy / Speculation / Re: Terra cofounder Do Kwon is the one who is pumping Bitcoin on: April 22, 2022, 02:14:13 AM
It appears that there is a new entry in the algorithmic stable coin market. Justin Sun and his USDD hehehe. According to their development team, USDD will also hold a reserve worth $10 billion similar to Terra's UST. However, it might not be 100% in bitcoin. They only mentioned $10 billion of highly liquid assets. I am quite certain bitcoin will be a big portion of this and it will certainly provide more buy pressure for bitcoin.



TRON DAO joined hands with major blockchain players to launch USDD (Decentralized USD), the most decentralized stablecoin in human history, making finance accessible to all by applying mathematics and algorithms. As a result, it enjoys perpetual existence without relying on any centralized entities.

The roadmap of TRON-based USDD consists of four stages—1.0 Space, 2.0 ISS, 3.0 Moon, and 4.0 Mars—echoing both mankind’s and TRON's efforts in future space exploration. In 1.0 Space, the USDD management will be entrusted to the TRON DAO Reserve and other major blockchain institutions. The former will be tasked to provide custody service for the $10 billion worth of highly liquid assets raised from initiators of the blockchain industry, use them as an early-stage reserve, keep the exchange rate of USDD stable, and enforce convertibility fully.


Source https://www.hejustinsun.com/post/an-open-letter-on-the-issuance-of-usdd-a-decentralized-algorithmic-stablecoin-on-tron
2850  Alternate cryptocurrencies / Altcoin Discussion / Re: Why I think Defi and NFTs will be the most important elements in the cryptospace on: April 21, 2022, 04:50:03 AM
The idea of decentralized finance may be good and very promising, but the prevailing question until today is that which particular decentralized platform in the whole wide defi space is truly decentralized? It is easy to claim decentralization, but upon investigated very closely, will there be any single defi project that is really decentralized?

The idea of decentralization is that there won't be any single point of failure. Looking closely at defi projects, could we give at least a single defi project that doesn't have a single point of failure?

I have a similar criticism and have created threads about them a few times. What I can tell you is it is arguable for both sides between if someone replies yes and no. Where would you argue for if you think there is a single point of failure?

In any case, this thread is not about that argument. It is an argument about Defi as infrastructure for digital goods, fungible or nonfungible.

This might be a antagonistic opinion, however, I reckon the NFT market might become more popular than the fungible cryptocoin market. The cultural value of NFTs appear to be very underestimated by much of the users in the cryptospace.

Also, to the skeptics of Defi as an infrastructure for digital goods. 2 years ago I might agree, however, similar to bitcoin's skeptics, the skeptics of Defi who say it will die in a few years will also be proven wrong.
2851  Bitcoin / Bitcoin Discussion / Re: Elon musk is for crypto or just for attention to boost Tesla, SpaceX? on: April 20, 2022, 02:42:19 AM
Anyone up on current events have already heard that Elon has bought enough shares in the former company of Jack Dorsey(inwhich starting next month is when he is officially departing) that he can essentially take control of the entire Twitter corporation.
With the hostile takeover of Twitter they have introduced the poison pill so it can not happen even if he did want to go that route.
https://www.forbes.com/sites/abrambrown/2022/04/17/twitter-takeover-musk-dorsey-board-tweets/?sh=3f733a165728

What is weird is this tweet Musk has put out channeling Elvis:
https://finance.yahoo.com/news/elon-musk-cryptic-tweet-channeling-002758490.html

The story of Elon Musk & wanting complete control of Twitter continues and gets stranger by the day.

It appears that we might have fallen for Elon's tricks again. I speculate that Elon only wants to pump his twitter stocks similar to how he pumps dogecoin. By tweeting about them hehehe. This is only a speculation, however.

Elon Musk bought 9% of twitter stock and filed with the SEC a proposal telling everyone that he wants to buy the whole company for $54.20 a share. This filing allows him legally to tweet and say anything to pump the stock in social media. Very much similar to the way he pumps dogecoin hehehehehee.
2852  Alternate cryptocurrencies / Altcoin Discussion / Why I think Defi and NFTs will be the most important elements in the cryptospace on: April 20, 2022, 01:05:12 AM
Defi and NFTs will not only be important elements in the cryptospace, I reckon Defi will be the main element that will serve as basic infrastructure for all digital items created in the cryptospace. This will include NFTs as mentioned and will also serve cryptocoins like Bitcoin, Ethereum, other altcoins and stablecoins. Defi can also serve casinos, DAOs and many other usecases.

Before I had a wider understanding about Defi, I thought it was only another new scam in the cryptospace that will be forgotten. This is because I thought Defi would try to serve real world assets of value that will be tokenized. I was clearly very wrong in this type of thinking. It was when I was beginning to witness the longterm cultural value of NFTs when I realized of Defi's importance as an infrastructure for anything with value in the cryptospace.

In any case, there are Defi projects in the cryptospace already serving NFTs to provide liquidity for them. I speculate they will be the next 10x - 100x projects.
2853  Alternate cryptocurrencies / Altcoin Discussion / Re: Ronin hack blamed to North Korean hackers by American government on: April 19, 2022, 04:11:15 AM
Agreed, the smart contracts are immutable. I speculate that Tornadocash's statement is only for the purpose of protecting itself from the government. They make it appear that the sanctioned wallets are really blocked, however, everyone in the community knows this is impossible to do hehe.

These are just bureaucratic mechanisms, I understand. All these statements about blocking are made for accountability, nothing more. If it were possible to block tornado cash, it would have been done long ago and mixing of stolen ETH would have been prevented. But regulators understand that they are powerless against decentralized services, that's why we see these ridiculous statements.

Agreed again, this is nothing more than a frontend block by Tornadocash. Another development team can fork Tornadocash and allow all coins from all sources to be mixed and use all the same smart contracts as Tornadocash.

@Yogee. I am only skeptical if the Lazarus group is really from North Korea. Also do not trust everything you read in the news.
2854  Economy / Gambling discussion / Re: [Boxing]: Canelo Alvarez vs Dmitry Bivol - May 7 on: April 19, 2022, 03:26:24 AM
@TravelMug. There will presently be more of a chance on a trilogy after GGG's performance vs. Murata. The excitement is only beginning, I reckon.

In any case, @bisdak @Boafeng and other real boxing fans in this thread, if someone asked you if Bivol is Canelo's hardest challenge after his fight vs. GGG, would your answer be a yes or a no?
2855  Bitcoin / Press / Re: [2022-03-23]Thailand Bans Use of Cryptocurrencies as a Method of Payment on: April 18, 2022, 03:25:59 AM
The law will be in force, yes, however can it be enforced or will it create more problems for the government? Similar to what you were saying, no can enforce the ban on transactions that are happening privately.

I think you are overemphasizing the possible problems that could arise for the government from such a law, especially if we take into account that this is a country that has quite strict laws that have in some way made society obedient. Of course, there are always those who do something illegal, but they are a minority that the police and the judiciary are focusing on. Such a law has been in place in Turkey for more than a year, and I have not read anywhere that it has created any problems for their government.

Yes I might be, however, it does not change the reality that enforcement of the ban will be hard. Also, on my original argument, they will have no choice but to remove the law. The cryptospace is not something similar to illegal drugs where the government should ban it. It is unstoppable game changing technology. I speculate that the emergence of the cryptospace will be something similar to the fax machine. During the 1980s in America, it was said that it was decreed that fax messages were a type of mail and all fax machines were needed to be registered and stamped in the post office. The law was removed of course and I am certain it be similar to laws limiting the usage of the cryptospace.
2856  Alternate cryptocurrencies / Altcoin Discussion / Re: Ronin hack blamed to North Korean hackers by American government on: April 18, 2022, 01:28:56 AM
Also, what can the treasury department do if those coins went to Tornado Cash for mixing?

I read the news today that Tornado Cash will be blocking sanctioned addresses. It was posted on their Twitter feed:

https://twitter.com/TornadoCash/status/1514904975037669386

Quote
Tornado Cash uses @chainalysis oracle contract to block OFAC sanctioned addresses from accessing the dapp.
Maintaining financial privacy is essential to preserving our freedom, however, it should not come at the cost of non-compliance.

Although the blocking is only provided at the frontend level of the application, the smart contract itself remains the same as before. So this blocking can be bypassed by simply using the smart contract directly.

So far, Tornado Cash has received about 27,000 ETH of the stolen 173,600 ETH

Agreed, the smart contracts are immutable. I speculate that Tornadocash's statement is only for the purpose of protecting itself from the government. They make it appear that the sanctioned wallets are really blocked, however, everyone in the community knows this is impossible to do hehe.

Also, what if the hackers transfers the coins to another address then sends them to Tornadocash within 1 minute?

Does anyone have any articles or other news that proves it is the North Korean hacking group Lazarus that has hacked Ronin or we only trust the sauces of the United States treasury department? I think that we should very skeptical of this until they show how they concluded that the Lazarus group was really the hacker.
I tried to look around the sources that tied the hack has something to do with the alleged group, and I didn't even see there is a single plausible reason that the hack can be concluded to the Lazarus group. After all, I don't even think that Chainalysis and the US entities would disclose the investigation, if they truly have proof and decided to disclose it, that will only make those group can readdress their strategy about obfuscating the coins.

Are there sources proving without doubt that the Lazarus group are North Korean? How do we know?
2857  Economy / Services / Re: [OPEN]FortuneJack.com| Signature Campaign | Sr. Members+ ~ Earn up to $100/Week! on: April 16, 2022, 12:58:55 AM
I am also willing to accept the rate for sr. member. Thank you.

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2858  Economy / Gambling discussion / Re: [Boxing] Errol Spence Jr vs. Yordenis Ugas 3-Belt Welterweight Unification Match on: April 15, 2022, 04:50:11 AM
For now, let's leave the discussion about it as this thread is for Ugas and Spence.

Exactly, let's discuss other things after this Saturday's fight.

Below are some options, actually my favorites options as most of my boxing bets are coming from this kind of market. Betting on Spence via Decision is not so attractive but for me this fight is money on the bag for Spence but I doubt he could KO Ugas. Your thoughts.



Errol Spence to win by decision is clearly the best choice for this fight, however, are we not underestimating Ugas? Similar to Spence he has a jab that he can use intelligently, he has good counter punches similar to what we have witnessed vs. Pacman and he can also pressure his opponent in the ring. Considering that this might be a close fight and boxing is a corrupt sport, I reckon also gamble on the draw hehehehe.
2859  Alternate cryptocurrencies / Altcoin Discussion / Ronin hack blamed to North Korean hackers by American government on: April 15, 2022, 04:12:27 AM
Does anyone have any articles or other news that proves it is the North Korean hacking group Lazarus that has hacked Ronin or we only trust the sauces of the United States treasury department? I think that we should very skeptical of this until they show how they concluded that the Lazarus group was really the hacker.

 Also, what can the treasury department do if those coins went to Tornado Cash for mixing?



The U.S. Treasury Department alleged that North Korean hacking group Lazarus is tied to a more than $600 million theft of cryptocurrency from the Axie Infinity-linked Ronin bridge.
The Treasury Department added an Ethereum address to its sanctions list on Thursday. Wallet profiler Nansen had labeled the sanctioned address as a “Ronin Bridge Exploiter” when checked by CoinDesk Thursday. It held 148,000 ETH at publication time. CoinDesk independently confirmed that the wallet is tied to the Ronin exploit.

Crypto analytics firm Chainalysis tweeted that the address “was involved in the Ronin hack.” Tracing firm Elliptic estimated that 14% of the stolen funds had already been laundered by Thursday.

A Treasury Department spokesperson said the department had worked with the FBI to investigate the Lazarus Group and Advance Persistent Threat 38 (another North Korean entity believed to use malicious programming to steal funds).

"Identification of the wallet will make clear to other VC actors, that by transacting with it, they risk exposure to US sanctions. This demonstrates Treasury’s commitment to use all available authorities to disrupt malicious cyber actors and block ill-gotten criminal proceeds," the spokesperson said. "There may be mandatory secondary sanctions requirements on persons who knowingly, directly or indirectly, engage in money laundering, the counterfeiting of goods or currency, bulk cash smuggling, or narcotics trafficking that supports the Government of North Korea or any senior official or person acting for or on behalf of that Government."


Read in full https://www.coindesk.com/policy/2022/04/14/us-officials-tie-north-korean-hacker-group-to-axies-ronin-exploit/
2860  Bitcoin / Press / Re: [2022-03-23]Thailand Bans Use of Cryptocurrencies as a Method of Payment on: April 15, 2022, 03:01:29 AM
The question was really something that does not need an answer. It is a challenge on how the government of Thailand can enforce a ban on cryptocurrencies where a group of people can use it for ICOs, Defi and NFTs. Will sending digital art or gift card tokens also be banned? What is their definition of cryptocurrencies.

I've already answered you, but for some reason, you don't want (or can't) understand that no one can ban personal transactions or anything that happens privately. The thing is that this should not be done by business entities, and I guess it is logical that the law applies to all cryptocurrencies.

The government of Thailand would be creating more problems for themselves and they might not have the budget and the knowledge to solve these problems. I predict the removal of these restrictions in 3 years.

What problems? The law will be in force, anyone who does not respect it and is caught will be punished, whoever manages to get under the radar will not be punished, the thing is very clear. You underestimate Thailand as a country ruled by completely different rules, and @buwaytress described it well - they simply have a tradition of strict control that did not arise yesterday or 10 years ago.

I was agreeing with your reply. I was always telling everyone that enforcement of the law on cryptocoins transactions would be a problem for regulators. It would be harder if the coins used are anonymous coins similar to Monero. However, the question is how would the government define digital items by law. This is why I bring up digital art and gift cards which are really just software tokens which can be a problem depending on how the law defines it.

The law will be in force, yes, however can it be enforced or will it create more problems for the government? Similar to what you were saying, no can enforce the ban on transactions that are happening privately.
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