The reason? One of their former employees was suspected by law enforcement authorities of being involved in a questionable project. As a result, some senior managers were asked to cooperate in the investigation. Some funds of the exchange was also ordered frozen.
But why include all of the users' funds? Why the sudden freeze of the rest of the users' trading and withdrawal functions? Moreover, orders were all canceled. And, worse, "all leveraged exchange-traded fund positions will be liquidated." Finally, there's "no timeframe for resumption" of all activities.
I have a feeling that this is just a cover. I have a feeling they may be using the problems (if real) related to the former employee in order to do this or that, probably because their funds were not looking as good as they should. Is there any other side of the story available, or only what HotBit officials say? However, we'll find out in time. And the users having funds there.. yeah  not your keys, not your coins. |
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The stable digital currencies, also known as CBDCs have been gaining popularity in the last two years, especially after 2021 bull market.
This is a misunderstanding. Not all stable coins are CBDCs. CBDCs are Central Bank issued Digital currencies. Focus on Central Bank. They don't even have to be cryptocurrencies. Recently I was looking at some news about CBDCs implementation in Australia, and I was wondering if this is something that could cause trouble or confusion within a local economy as it moves forward. Countries like Canada have developed contingency plans for this system, although I'm not sure how small countries could be affected by this. What are your thoughts?
CBDCs are just a (another) digital form of the local currency. So the big economic impact can be only over the card processing companies (like Visa/Mastercard) which, in case of CBDCs will no longer earn millions from fees (of course, the shops will earn by not spending for those fees). And, as said, it's expected CBDCs will have a massive negative impact on privacy of its users. |
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Or there is a higher chance that it is Iran's CBDC called CryptoRial
This is something I don't understand. They can very well use any kind of IOUs in the same way, I don't see why CryptoRial is seen as a good choice. I mean, Iran can declare in any second they no longer recognize CryptoRial and other states get scammed. (I know, it's not very likely, but still... Bitcoin is safer option) any money sent through SWIFT can be stolen by SWIFT
With most of Russian banks being locked out of SWIFT, of course they are scared they'll face the same. The "stolen" part may be more a story for the public. Even more, by avoiding SWIFT they can also (re)sell Russian oil they may get at discounted price. The only thing the U.S. has to do is to add cryptocurrencies to this list and bingo: blocked again
Actually with crypto it won't be that easy, since one can buy/sell crypto P2P, avoiding the centralized platforms that enforce US rules. |
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That's right, one of the addresses.
And it's probably just the number of transactions. How to solve such a problem?
Electrum servers have a default limit for the history of transactions; most public servers have the default settings, hence you may have not much luck there. Some possible options would be: 1. Import the private key (safely) of only that one address into another wallet and try your luck - this may work because it will ask for history for only one address and not more. 2. Import the private key(s) into Bitcoin Core - but syncing means time and hardware (and a lot of disk space). 3. Find somebody who hosts an Electrum server that can be accessed from the internet (i.e. not for local use only) and ask him nicely to increase the limits until you do what you must, then move to a new wallet. |
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Ahaha, you all quarreled there already, although the embargo only on coal began to operate only today. By December, when the oil embargo comes into effect, different EU countries will begin to pull the blanket over themselves. The European Union is sewn together with too fragile threads from too different countries and Europeans are too accustomed to a high standard of living for the European Union to be able to maintain its unity in the face of severe energy shortages.
You've watched too much propaganda and have read too few real news. While shortages are indeed possible, it's the industry that will be affected most, not the population, exactly because the politicians love their seats. Already several European leaders and governments have resigned since the start of the special operation in shameless invasion of Ukraine, and they will all have to resign - because that is how democracy works. And they will be replaced by more sensible politicians who will be forced to abstract from politics and begin urgently solving the economic problems that have accumulated since the pandemic - because that is how democracy works. And in order to quickly solve economic problems, it is not a shortage of energy that is needed, but its excess, which Europe, with all its desire, has nowhere to get from except Russia. Think about it at your leisure.
Russia is overrated and time will show this. Yes, the "green plan" lunacy will have to be postponed for a while, and the supply routes will get redefined. Russia will be forced to sell less gas and oil on much lower prices. This means less income for a country that relies almost as much as the Arabs on the money coming from this sales. This means shortages your propaganda seems to forget about. Even more, you don't have to be rocket scientist to understand that the lack of money is not visible that much on short term, it's getting visible over years, when the infrastructure will fall apart. It's a bit ironic that you are preaching us the greatness of Russia, greatness this war has shown it was only a facade. European leaders going down? Of course some do, it happens all the time. I don't feel that it's much of difference from the pre-war COVID related days. It's part of how democracies work. And while you seem to be noticing only anti-Russians going down, I notice "friends of Russia" now helping Ukraine's defense (you know, democracy, freedom of choice...). However, I remember that Russia's traditional enemy was USA, not EU, still, the propaganda tells only about the harm EU took, and nothing about USA. And you know why? Because Putin's stupid war intended against NATO, just made NATO and USA stronger. ps It's strange that I'm telling you how democracy works, because you seem to have completely forgotten about it.  You seem to have no idea what democracy is. If a country is capable of developing sixth-generation fighters, it will somehow figure it out with passenger airliners.
I've missed this in the last post and I'll tell here. Somehow your whatever generation planes seem to remember far too good that they're heavier than the air. As I said, Russia's greatness was proven to exist only "on paper". |
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This should be a forum where Bitcoin is discussed, not where personal wars are waged the way people play with something called the DT system. The system we have now is quite satisfactory, but some individuals think that it is not good enough for them, or rather, they do not have enough influence to manipulate it.
A system in which the most influential would elect themselves and set the rules would obviously be tailored to those who are currently the loudest.
Actually imho it could make sense to change this or that to give less powers to some. This could maybe give some less room for manipulations. I'd say the minimum should be DT2 strength (2). That removes about half the users, and makes it less of a "burden" to include someone. This is a very interesting idea. I like it. Can we do this, please?  I still think "protesting" against DefaultTrust by emptying your Trust list is counter-effective. It may be better to remove DefaultTrust and leave your custom list.
I agree.
Something I've been thinking on was that it may be helpful to differentiate between "whose trust rating you want to see colored" and "who you want to vote for". This way the votes will also be clearer, this way people won't say that they trust this or that account because of some trades done and so on. |
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components for airplanes.
Iran is manufacturing plane components and is replacing whatever market Russia lost: Interesting, I didn't know. Thank you. And who promised that it would be easy? There are problems with airplanes, cars, microelectronics, software - they are serious and need to be addressed. Of course, Russia will cope with these challenges one way or another. But that won't stop the Russians from watching the impressive spectacle of EU energy suicide. Any sane person understands that it is impossible to replace the falling volumes of energy supplies either this winter, or even next. And with the planes, we'll come up with something, don't even hesitate. If a country is capable of developing sixth-generation fighters, it will somehow figure it out with passenger airliners.
Did it occur to you that in the same way as "it won't be easy, but Russia will cope", also EU will cope? Of course, it will not be easy, as it's a harsh awakening. But, as a friend of mine use to say, every kick in the ass produce another step forward. EU may do now (sadly under pressure) some moves they should have done from the first place. Right now, let's face it, it's a situation both sides are losing similarly and both sides can, similarly, evolve. |
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About a thousand Western companies left the Russian market, and this cost them hundreds of billions of dollars in direct losses (but this also negatively affects Russia's GDP figures). Is this a problem for Russia? Is. But this is not a dramatic problem and it is also an opportunity. When the market is freed, there is a free place on it for internal development or for substitution by imports from friendly countries.
I'm curious what will the "friendly countries" do about really important things there are very few companies produce them and they've put Russia onto sanctions list. It's easy to mock the exit of "sparkling water", but I've read not long ago about increasing problems caused by the lack of components for airplanes. The news tell that the industry has started cannibalizing some of the already broken planes to obtain components for the rest. Of course, this cannot work for long term. |
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That's correct, I knew that. And it may make sense if you do this with 10$, or 50$, maybe a bit more.
Does it though? $50 each from a million idiots, and the scammers totally honest unsuccessful cryptobusinesspeople can enjoy retirement. Not giving any money to these ponzi-like structures is the only way they can be defeated but sadly that's not gonna happen. That's correct, but 50$ is an amount people may be playing at the lottery, so trying their luck with whatever HYIP / Ponzi is not that uncommon. Unadvised, yes, stupid, yes, still, not uncommon, not a surprise. Anyway, it kinda interesting that I've never heard of these collapsing "platforms" before, so they must have worked out their marketing to not waste money on old scrooges like me and focus on the malleable yoof.
I've put altcoin announcements and HYIP both on ignore quite some time ago and.. I don't know, this may be the reason in your case too? |
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For a crypto beginner like me is the so-called whitepaper some I should count on when doing research? people are still talking about the whitepaper of crypto projects but few people said it doesn't matter.
If you are asking for this then I think that you're already doing something wrong. Be careful because most projects (tokens, altcoins, whatever) don't live up their promises (some are scam, some become scam, some are just unlucky or bad projects) and you will be tempted to invest your money into those. You may want to stick with Bitcoin until you understand (much!) better all those "offers". (LOL, previous post also tells "stick with bitcoin") |
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So... is anybody still keeping their money on various centralized platforms hoping for pennies? Reminding you that the majority of the crypto community is in for a quick buck. They don't care what's the risk as long as they get these interests. The fact is: They won't get these interests forever, because the lending platforms are just making high-risk investments for every dollar they receive. That's correct, I knew that. And it may make sense if you do this with 10$, or 50$, maybe a bit more. But when one already has thousands of USD invested into bitcoin, and when bitcoin is known to bring very big returns if one has the patience to wait for a couple of years... risking so much for so small benefits is pain stupid and I fail to understand it. I know that people are greedy. I know that greed can make them not think straight... but so many, with so much money falling for this kind of schemes... is... preposterous. |
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After looking at how several cliques and trolls manipulate the system to suit their own agenda
This is a valid point and, I don't know, maybe we should not wait for a "divine intervention" to fix this (although maybe a differentiation would be needed between trusting and empowering users). Because while some fight each other and may have both good intentions (yes, I know that in this context this statement can explode), some real trolls simply get stronger. I won't tell names since I don't have solid proof, so it's just a hunch. Maybe a new topic in Meta is needed to get ideas how to use better the current trust system. One idea that came into my mind was to select carefully a very short list of users we want to "empower". Or maybe it should be as wide as possible?! |
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When will these actors stop hacking from crpto industries
Really?! Probably never. As long as it's profitable, as long as companies don't protect themselves good enough, as long as people keep falling for phishing, I don't see why would they stop or how could they be stopped. Learn to protect your back. Teach others too. Sooner or (more likely) later people will stop falling for this kind of scams and then it will no longer be profitable for them do this. |
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but I feel like I should be using my votes..
This is what I've been also thinking - right now I give a bit too much power to some. While I do trust their feedback (or at least I do in most cases), giving them certain power can harm (power corrupts). Yet I didn't get to do anything (laziness and more), hence my trust list is unaffected for now. But maybe that will change. My initial plan was to just do some trimming here and there, but getting full cleanup looks appealing too. |
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Hodlnaut's problems began when they offered yields if their customers converted to Luna's UST stablecoin to receive yield. What Hodlnaut did was deposit their users' UST to a protocol which was a ponzi called Anchor where the protocol offered up to 19%. Hodlnaut gives their customers 13% and they keep 6% hehehe.
... and now most have ended up not receiving the 13% and not receiving back even their own money. And I would not be surprised if Hodlnaut has withdrawn their 6% long ago. Because the whole risk goes to the customers (I'm even surprised they've offered such a big part of the profit to the customers). |
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I don't think so. Bitcoin is not illegal and its current direction is getting adopted by large institutions. They can easily lobby against this kind of measures if it's the case.
Honestly, I don't think institutional investors are that interested in bitcoin being censorship-resistant or private, they rather value the "store-of-wealth" aspect of bitcoin that allows them sort of hedge against money printing. If some platforms or persons get banned for doing bitcoin, it is not a big deal as long as bitcoin works and produces new blocks. That's correct. But they will care to know Bitcoin maintains (or grows) its price, and that cannot happen if it's unmaintained, or if people are panicking that the devs cannot access the source code. Although I understand very well why the vast majority don't want to run a server, I tend to believe that our devs are not like the average Joe, nor like the average software developer. Also I think that some reputed entity will step up and say "hey, we've deployed this repository for you to use", in a somewhat similar way the whitepaper got "adopted" on many websites (I know that it's not that much similarity between the two, still...) |
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The site you provided doesn't appear to calculate the average from multiple sources like preev.com used to. It's only taking the price from Bitstamp:
... and it also not working for EUR, while, surprisingly, GBP and CAD do work (I didn't check the accuracy of conversion though). I see it's an adaptation of preev that also offers quotation for a couple of altcoins too. And I see that some special characters are not displayed correctly. However, it's a not-too-bad replacement while preev is down. |
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1. Betnomi: (where) having fun matters.
2. Betnomi: enjoy your stay!
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I'll add that many (newbies, kids) think that Martingale or similar strategies are a safe win. Of course, until they face a long enough losing streak... Does it count?
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Un S9i este un ASIC foarte vechi... Intre timp, Bitmain a scos S19 XP, care are o putere de 255 Th. S9i are 14 Th. Pe langa asta, NiceHash nu este cel mai bun loc pentru minerit
S9i a fost alegerea OP, nu a mea, eu doar am cautat un pic in stanga si in dreapta. Si poate ca nu as alege Nicehash pentru minat, dar softul de estimat ROI mi s-a parut foarte facil. Plus ca pe whattomine nu am gasit acest mirific S9i 14TH. Am gasit ceva care s-ar putea sa fie relativ apropiat (S9k/13.5TH), iar cifrele tot rau arata (am pus costul meu estimativ pe kWh) : https://www.whattomine.com/miners/71-bitmain-antminer-s9k?cost=0.17&cost_currency=USD |
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