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Economy / Speculation / Number of transactions declining in last 2 months.
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on: June 13, 2021, 04:32:21 PM
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Had anyone noticed how drastically decreased the number of Bitcoin transactions in last 2 months? In last 5 years with the exception of 2018 Bitcoin had between 9 million and 10 million transactions every month. In April and May there was around 8 million and this month seems to be even below 7 million. There was no such bad month in the last 4 years. Is this a clear sigh we are already yin bear market or reasons are more fundamental and more serious for Bitcoin than just price and speculation.
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Bitcoin / Press / 2021-03-26 Yahoo! - Chainalysis Raises $100M, Demand for Blockchain Surveillance
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on: March 27, 2021, 01:48:29 PM
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Chainalysis Raises $100M, Underscoring Surging Demand for Blockchain Surveillance
Chainalysis, a blockchain tracking firm whose client base includes government investigators, crypto exchanges and even financial institutions, raised $100 million in a round that underscores surging demand for cryptocurrency compliance infrastructure.
Chainalysis is among the largest U.S. cryptocurrency investigation firms building software to untangle messy blockchain transaction histories. Crypto transfer records are publicly available but difficult for laypersons to decipher without context, such as flagged wallet addresses and blacklisted coins. https://sg.finance.yahoo.com/news/chainalysis-raises-100m-underscoring-surging-133002566.htmlBlockchain analysis is becoming one of the biggest crypto industries. Numerous companies are fighting for talent and offering their services to companies and institutions. Wide use of transparent ledger cryptocurrencies make this surveillance possible. |
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Alternate cryptocurrencies / Altcoin Discussion / Pornhub now accepting Monero
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on: December 13, 2020, 04:57:35 PM
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A year and a bit after Verge bought its way onto Pornhub and not sure how many months after Tron bought its way onto Pornhub it finally happened. Visa stopped offering its services to Pornhub, so they were forced to seriously looking into cryptocurrencies and finally add Monero as a payment option. I will not be surprised if after a year Monero become most used payment option on Pornhub. Why would people want their neighbours know they use Pornhub?  |
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Alternate cryptocurrencies / Altcoin Discussion / SushiSwap founder returns money and ask for forgiveness 😢
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on: September 11, 2020, 05:06:42 PM
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https://twitter.com/NomiChef/status/1304442495342796800  To everyone. I fucked up. And I am sorry.
$SUSHI migration went successfully and the journey of @SushiSwap began. I was fortunate to have a chance to help in the background and it was a very enjoyable moment in my life. Congrats for the successful migration!
I would like to apologize to everyone who I have caused troubles to. I was emotional, I was greedy, I was afraid. I made bad controversial decisions under pressure. And it hurt everyone. I failed your expectation and I am sorry.
@0xMaki @zippoxer @Sushi__ninja The early believers in the project. Thank you for joining the journey with me early. And sorry if I made you feel betrayed. I really appreciated your help bootstrap the project and push it forward.
@lawmaster @scott_lew_is @danielque @tomhschmidt @rleshner and other Crypto OGs. @DegenSpartan @mewn21 @intocryptoast and other degen friends. I failed your expectation. I am sorry.
@AndreCronjeTech Thank you for helping with some ideas and code. And very sorry for bringing a bad reputation to the DeFi movement.
@binance @cz_binance @nomorebear I am sorry that I may have caused you trouble. @haydenzadams @brendan_dharma sorry for being cocky. You guys are awesome builders.
Most importantly @SBF_Alameda. Thank you for your help getting SushiSwap back when I almost destroyed it. Same goes for other signers @AdamScochran @mickhagen @cmsholdings @sinoglobalcap
And there are probably hundreds of other people that I did not mention here, but well deserve an apology from me.
I have returned all the $14M worth of ETH back to the treasury. And I will let the community decide how much I deserve as the original creator of SushiSwap. In any currency (ETH/SUSHI/etc). With any lockup schedule you wish.
I will continue to participate in the discussion and technical implementation of SushiSwap in the background. But I will not have any control. Will not take any spotlight. Will not be part of the governance.
I hope that SushiSwap continues to evolve. Don't let my mistake deter it from being a 100% community-run AMM. The success of SushiSwap will set a precedent for many more community-run projects.
It has a lot of potential, don’t let my action alone fuck it up.
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Economy / Economics / How many months left until recession?
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on: August 03, 2019, 01:39:08 AM
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I found this picture on reddit. Now it is clear to me why Trump wanted interest rate to decline more. He will have slim chances for re election if recession hit already this year. Sadly recession this or next year will not help Bitcoin at all. We might even see new bottom.  |
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