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So again there is something going on with Trump and Epstein. I am not really involved in politics and I honestly didn’t dive too much in all this Epstein talk.
However what if there is something he is hiding, like SBF did and it causes the next crypto crash like in 2022.
Trump helped Crypto a lot pre and post election and he and his family are very crypto friendly and we don’t worry about over regulation or SEC heads like Gensler suing crypto exchanges left and right.
If it turns out he did something wrong and it leads to his impeachment or him stepping down, do you think it can be the catalyst for a potential crypto crash?
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So I found this on the prediction markets. I don't want to post the link but you all know what prediction website this is. Start with a P.
Currently there is a 6% chance that Satoshi will move some Bitcoins in 2025. Seems like its a risk free way to make 6%.
However what I noticed was that someone that bought around 341000 shares at around 11 cents, so someone is betting $37K, that some coins will be moved. Another user bet $25K that he also will move some coins.
So is there some conspiracy theory here, where someone close to Satoshi is betting on this market to score big? It can't be Satoshi himself because why turn $37K into $340K when you can just sell your billions of Bitcoin.
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So I’ve been involved with crypto for over a decade. Took security very seriously and never used a hardware wallet because I just didn’t think they were secure enough. I did my cold storage the old fashion way.
Come 2025 and I want to play around with networks such as Solana where I can really use an old offline laptop to sign every transaction.
So I have been looking at wallets and best buy seems to sell the Ledger Nano S plus locally.
I have a few questions. I watched YouTube videos and read reviews but I find they are bias and just want revenue from you giving them affiliate income.
The way the wallet is secure I am assuming the seed is never shown on the online computer just the wallet screen?
How do I make sure the unit was not tampered with? Someone could have returned it at Best Buy and shrink swapped it themselves?
Any security issues with the Ledger Nano wallet I should be aware of? I will never use the cloud seed storage obviously.
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I am sure you heard how the fed cut rates at 50 bps today, this is a surprise because Powell was usually dovish however this 50 bps cut seems aggressive since the US economy is fairly strong and there was a strong 25 bps consensus just until last week.
Now all of a sudden we get a 50 bps rate cut. Remember Sept 18 2008, we got a 50 bps rate cut also, and the rest is history.
What is your theory on why this massive cut was necessary? I think there is something in the data that suggests the economy is not as strong as most people think.
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Basically after finally 2 years, they finally released their airdrop. Unfortunately most people will be disappointed.
I had a couple of accounts that I used in hopes of getting an airdrop one day. I started in January of last year, and tried to use it from time to time monthly, I didn't abuse the network by having hundreds of accounts, so today I go and see if I am eligible and turns out "You are not eligible".
This is proof that you cannot take the airdrops too seriously. A couple of weeks ago the Eigenlayer airdrop disappointed many, then the Drift DEX airdrop and now the Zksync airdrop.
Did any of you succeed in getting the Zksync airdrop? I won't post any links, just go to their official website and find the link to Zknation for the airdrop checker.
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So I decided to stop using Uniswap because of their crazy 0.25% fees on major pairs like ETH/USDC. Decided to use 1inch instead.
I connect my wallet and some Fusion option comes up, it says 0 gas. I am thinking “wow, perfect”. So I do a swap because fees are low at 5-6 gwei.
I do the swap and it’s successful. I go and check my wallet and I was charged like $15 for the swap fee. I also noticed for a simple ETH/USDC swap, I had like 10 different hops. Went from USDC to USDT then WBTC then SOL then Some other coin and finally into ETH. It was a large transaction and very expensive.
Reading the docs on their website, it says it should be gas free but I am still charged gas. Anyone know what is going on here?
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I apologise if there is already an active thread on this but I couldn't find one. According to the bankrupcy company. They are planning on paying the claimants back 118%. This is confirmed by their twitter account. FTX Official There are also companies that are buying claims at 99% according to some Reddit users. The 18% extra is an interest that they are adding. So in the end everything worked out... customers were actually made "whole" like SBF promised. |
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So for the first time I had to use a bridge from ARB to ETH. I waited until the ETH fees were low enough and last weekend we got some 3 Gwei fees and I figured it would be the perfect time to bridge from Arbitrium to Ethereum.
Found a bridge called Synapse. I put in my details about which chain to use and to what destination chain. It was only $2.5 cost. I was like wow, amazing. I assumed it would be $2.5 plus some other gas fees.
So I nervously made the transfer and to my surprise the quotes were correct. Only $2.50 went towards fees, plus a 1 penny transaction gas fee on Arbitrum.
Then out of curosity I checked the ETH transaction and it turns out the Bridge had to pay almost $4 in gas just to make the bridge. So its a loss to them. Why would they do this? I verified the sent token and its not a fake scam token, everything seems legit. So why is the bridge operating at a loss?
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So I know there are a few places where you can be a LP and gain about 4% APR for your stablecoins like USDC and USDT.
You can also just keep it in your US savings account or buy bonds and get 5-6%. This I understand.
But I keep seeing these protocols like Mute.io which is KOI now and Zk Finance and they claim they pay 20% for staking your stable coins.
You need to add it to the pool and then add it to some farm. And you get 20%. My question is where is this 20% coming from?
On many LP you only get 3-4%. And they are paying 20%. I would understand if this was some memecoin which gave 20% APR because those are at risk of going -90% but for a stable coin, paying 20% almost sounds Ponzi like.
What is going on here ?
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So for the past few days it was impossible getting any transaction in. I had to switch RPC back and forth and set a high fee just to get a simple SOL transaction to send.
Turns out there is something called ORE which is POW mining on a POS chain. Sounds crazy doesn’t it.
Launched 4 days ago. Market cap is small like $7M so has potential.
I tried it out, took forever to install and after an hour with a laptop CPU I earned 0.0005 ORE which at the moment is worth about $0.50
So maybe if you guys still got tons of CPU’s laying around nothing doing anything you can do this for fun.
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Normally I wouldn’t start a topic when this can be easily googled because I am running into many scam bridges. Also went on Reddit and there are tons of links to bridges which drain your wallet.
So besides using a CEX what is a bridge one can use to bridge assets from the Ethereum (or any ETH l2 network like ARB) to the Solana chain?
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Brian Armstrong CEO of Coinbase says "We are dealing with a LARGE surge of traffic - apologies for any issues you encounter. The team is working to remediate."
This reminds me of 2017, 2021 when exchanges were crashes due to too much demand. Also prices were all over the place. Some exchanges hit $64K, while others couldn't do the the sheer demand. FUN TIMES AHEAD! |
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Say you have some USDC on the ETH network you want to swap for ETH.
Currently the fees are 30 Gwei, so if you use Uniswap on the ETH network the total fees will be around $25.
Wondering if there is any cheap way to bridge to another network, do the swap there, and bridge back. Just the USDC starts on the ETH network and the ETH needs to end up on the ETH network.
Anyway to save on fees doing this?
I am seeing that the fee to bridge from ETH to ZkSync ERA is $2 on Orbital.Finance but to bridge back its $15 dollars. I am confused why the fee is so cheap one way but expensive the other.
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Saw this cool animation when GPU mining went live for Bitcoin back in 2010. Anyone around back then? How was the GPU mining software released? Was it released in secret or was it just released for the public. Watching that animation its crazy how we had 2.5 minute block times and the difficulty adjustment was capped at 300% (set my satoshi apparently). Man sure would of liked to know about bitcoin back then. |
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So I wanted to do a transaction today and I look and again I need to pay something crazy like 200 sat/vbyte. Its also on the weekend. I look and of course there is some mempool spam going on.
Head over to Coinmarketcap and the only two coins that are pumping are ORDI and SATS. I noticed that whenever there is a mempool spam these are pumping and I am wondering how its related? What does transaction fees have to do with these coins going up slightly in value? I tried reading how Ordinals work but I am very confused since its nothing like regular mining or ERC20 tokens.
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Credit goes to Bitmex research at Despite the horrible selling by GBTC, their outflows were only $95M. I assumed they would sell $1B worth and $1B of positive flows would cancel out. Either way here are the numbers BITB +$237.9M HODL +$10.6M GBTC -$95.1M FBTC +$227M IBIT +$111.7M EZBC +$50.1M ARKB +$65.3M BTCO +$17.4M BTCW +$1M So its not bad as it looks. I think when BITO went live it had $500M in net positive flows. So why the selling? EDIT: Valkryie posted theirs at $29.4M so total right now is +$655M |
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Wondering if there is a service such as https://etherscan.io/tokenapprovalcheckerBut for the ZkSync network, I went to their main block explorer at https://explorer.zksync.io/However they have nothing similar available. Looking at the block explorer for my transactions how can I tell which granted "allow to spend" is it those which are labelled as "Self"? The Zksync block explorer is very minimal and hard to navigate compared to ARB or POLY. |
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Basically for the last 24 hours, its impossible to get a transaction in. I click submit at exactly the top of the hour, to the second, sometimes a second early and a second later. As soon as I submit it, 5 seconds later it says all slots are full. And if you check the total amount of transactions accelerated it increased by 100.
I think I tried like 6 times and each time the same result. I find it hard to believe that somehow 100 different people are submitting their transactions at that exact second. Anyone have any luck?
Few weeks ago when fees were 250Sat/byte you could get a few transactions in every hour, now its near impossible.
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Checking the block explorer and I see people paying crazy amounts to mint their ordinals. Like one guy paid $500 and he minted 10000 amount of ORDI.
Right now ORDI is $50. So he got $500,000 worth of ORDI just for spending $500 in mining fees? It can’t be right.
I am completely new to this Bitmap, Ordinals thing. Can someone explain how it works?
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