Is this the same Bald token that was being issued and traded in Coinbase's new Base network? I am very sorry to be again the messenger of bad news, however, if we are talking about the same token, this is a rugpull speculated to be created by Sam Bankman-Fried or someone who want to make it appear that it was him.  The rug-pulling of short-lived, heavily hyped meme coin bald (BALD) has a whole cast of characters, but is one of them Sam Bankman-Fried?
On-chain data suggests interactions between the memecoin BALD’s deployer contract and one of the wallets tagged by Nansen as belonging to Alameda Research - the trading company founded and controlled by Bankman-Fried. The data was cited by several blockchain sleuths on the social media platform formerly known as Twitter and later validated by CoinDesk.
Wintermute’s head of research, Igor Igamberdiev, tied another wallet address 0xccFa05 to Alameda, stating its owner showed strong technical capabilities and proved to be a savvy DeFi user: Trading on the first version of dYdX and Oasis, as well as voting on the first proposals from SushiSwap.Source https://www.coindesk.com/markets/2023/08/01/bald-token-rugpull-may-have-links-to-sam-bankman-frieds-alameda-data-shows/Rugpulled by Sam on FTX, rugpulled again on Bald token hehehehehee. |
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Just make it easy and buy Bitcoin on PayPal directly. But if you want to do it on Bitstamp, as said, you're fine. 1. Explore crypto articles. to learn about digital currencies and how they work.
2. Go to Finances. and select Crypto from the dashboard.
3. Choose your crypto. select Buy, and choose the amount you'd like to purchase. It's interesting but I don't see any feature related to cryptos on the website. Is it only available on their app for smartphones? Besides that do you know if it works in every country because I had to use a VPN and to log out from my Paypal account to be able to see the page from your link.  I am quite certain that it will not work in every country because of concerns on compliance usually in Europe and maybe in the same jurisdictions where big exchanges similar to Binance were banned. Also, I would be careful in logging in and using payment processors and exchanges with a VPN. They are unpredictable sometimes. |
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Twitter is mad at the following:  Apparently, in PayPal USD the issuer can enter an “asset protection mode” and “block” and “seize” assets. In addition to that it can raise the max issued limit without any problems. A lot of criticism about these features: “Bitcoin has fixed max issuance”, “Not your Keys, not your coins", "transaction censorship!" "Central issuer attack vector!" Well... what did you expect? If PayPal just wanted a cheap, reliable, censorship-resistant way of allowing their customer to transfer economic value, they would have implemented... Lightning. Well, you do realize that PayPal is a fully "official" payment system, plus a high-tech one, and is obliged to comply with ALL legislation. Including the possibility of blocking assets, as it is now with accounts and accounts in the system. There is an assumption - that in this stablecoin will be realized some mechanisms from the CDBC concept. What is this about ? It means that in all CDBC implementations there is a mechanism of total control and CENTRALIZED MANAGEMENT of accounts. I.e. if a "complaint" comes in, the wallet/transaction, as if "decentralized", will be suddenly blocked. This is not some "hidden mechanism", it is a requirement of regulators and legal framework, realized in the form of blockchain technology. Agreed and this is not only for solving a compliance nightmare. There are some people in social media who argue that because the real value and usage of Paypal's stablecoin comes from the users' ability to legally redeem it for real dollars. According to them, asset protection mode lessens the risk for users to receive PYUSD that Paypal might not be allowed legally to redeem. In any case, these are not my words or analysis, do not shoot the messenger heehhehe. My own analysis, I agree this is dangerous, however, what can we hope for from Paypal? We can only live in reality. |
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Why are the people in this thread very strict? You are acting like toxic maximalists hehehehehee.
Its just my instinctual reaction for any drive-by shitposter. Quite happy this thread is moderated. This guy in particular didn't even take the time to differentiate the type of game being played that we're discussing in this thread. He could have looked at the shape of the ball icon in the title for clues but didn't have time cause he's too busy shitposting from several different accounts. Worst of all, I know he copies news articles written in a foreign language and then translates them to English, but for the life of me I can't figure out what language it is. On Justin Fields, he might become a top 10 quarterback and he might also be ranked higher than Justin Herbert by the end of this season. Do not shake your heads, this will happen.
I dunno about that... what does Fields have to work with? Not much... I was not being serious hehehe. On Justin Fields, do not underestimate him, according to my gameboys he is 6th in the top rankings for quarterbacks and Justin Herbert on 7th. It also appears the we need to update our cheatsheets. Dalvin Cook was traded to the Jets and Zeke Elliott was traded to the Patriots. How does this impact Breece Hall and Rhamondre Stevenson? This might move them down the rankings, I reckon. |
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There is a sexy fighting kitten for UFC 292 with very provoking images that I was excited to share to everyone, however, after reflecting on my life I have made a decision to share only images of proper fighting ladies.On UFC 292, this is the very beautiful and formal Andrea Lee! She might also be very much underestimated for this fight vs. her Brazilian opponent who might only be full of hype.  Covered in towel after swimming Going to McDonald's for dinner In sportswear for training |
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@zasad@. Uncle Warren is one of the most successful and greatest of investors in the traditional market. How could we not like hehehe.
On why he does not invest everything in US treasuries, who can be certain on his investment tactics? We do not know. However, we can be certain that he wants to have cash that will always be prepared to buy certain value stocks that might be undervalued.
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It appears that I am not very updated to cryptonews as I would have liked hehe. I have always thought that Elon's companies have already sold all of the bitcoins held in their treasury on 2021 - 2022. In any case, it appears that Tesla has 10,725 bitcoins left in their balance sheet according to some articles, the speculation should presently be if Elon will give the command to sell them also. This will be head shaking because clown Elon declared bitcoin a long term investment on 2021 and he said that Tesla will accept it as payment. |
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I cannot stop laughing hehehehe.
Has anyone also noticed that there is always a scam accusation in 90% of the threads of every casino trying to promote their business in the forum? Many of the scam accusations are also started by new accounts. This is head shaking. The skeptical me would think that these people are hired and funded by fiat sportsbooks and casinos to spam and attack gambling services that are native to the cryptospace.
I cannot either. This guy created this account to post about it. He even published in the Bangladesh Local thread that the BC game is a scam and asked others not to play there without understanding that JB is playing money and it cannot be withdrawn. If someone has any currency in the Bc game balance, it also shows in fiat like USD or other currencies. If that coin does not show, anything means it is worthless. Sometimes we have to see such scam accusations while nothing happened, and the accuser acts like this is the end of the world. Look at his writing style. He used Capital letters to get the community's attention while proving himself DUMB. There are also other occurrences of scam accusations where the accuser is a newbie, however, the account was created before 2016 - 2017. I am not accusing that these are farmed accounts but it appear for me only that they might be farmed accounts being used for some purpose. How impossible would it be that someone can hire account farmers to provoke a certain group of users of casinos or services in the cryptospace? |
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@zasad@. I am not quite certain why hehehe. I also do not know what would be the best financial decision to manage $72 billion. However, if Tether and Paypal have trust the in American government and also have trust in their ability to once again get out of another economic crisis then for them it would be a good financial decision because they earn yield.
It is very much similar to us DeFi enjoyers who farm our stablecoins for yield but also taking the risk that the platform might be hacked or might be a rugpull hehehehe.
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My prediction. The future of Paypal in the cryptospace will be their stablecoin to cryptocoin swaps. Your fiat in their platform will need to be converted to PYUSD if you want to buy crypto. On Paypal UK, I reckon might begin to allow bitcoin and other cryptocoin purchases again when they are ready to issue their stablecoin for UK accounts and only allow cryptocoin purchases through their stablecoin. In any case, Paypal has also signed a partnership with Ledger hardware wallet. After launching an Ethereum-based stablecoin last week, PayPal, the $70B global payments firm, has launched a new fiat on-ramp for U.S. users in partnership with Ledger, a leading hardware wallet maker.
Ledger Live users can now purchase BTC, ETH, LTC, and BCH via a PayPal account, subject to state laws. PayPal noted that users who have previously purchased crypto via a PayPal account can access the service without undergoing additional identity verification.Source https://thedefiant.io/paypal-teams-up-with-ledger-on-fiat-onramp-for-us-users |
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Latest news on August 14 - Sam Bankman-Fried [criminal] used $100 million in customer funds for political donations in order to pass laws.
The word "donations" is misused in my opinion. Politicians who were willing to accept that money and thus seek to change legislation to suit the case could be considered complicit. This is called "bribery" and has no other designation. But we have not heard that any of these members have been suspended or held accountable. Even before the collapse of Ftx, Sam Bankman Fried was known to give money to some MPs and politicians without any legal reason for doing so. I find it strange that this is not punishable and is considered a "donation". Agreed and it would expose many politicians' names during the cross examinations in the trial. I would become very worried if I was the parents of Sam Bankman-Fried. If he goes to prison, he might become something similar to Jeffrey Epstein before he can say anything. I would say it in advance again, Sam did not kill himself.They might put something in his Adderall and declare that he died of an overdose.  Sam Bankman-Fried’s legal team is asking a U.S. district court judge to grant the former FTX CEO “uninterrupted access” to his daily prescribed medication while he is in jail. That includes Adderall for treatment of attention-deficit/hyperactivity disorder, or ADHD.Source https://www.cnbc.com/2023/08/14/sam-bankman-frieds-lawyer-demands-he-get-adderall-for-adhd-in-jail.html |
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@mk4. However, bitcoin's correlation with the more traditional markets has been going down. If this continues after every bull and bear markets, we might witness bitcoin being considered by traditional finance as an alternative investment for hedging. The interest on a spot ETF for bitcoin is clearly a sign of this. I shake my head to the doubters. The falling correlation has been noticed since July. Bitcoin's (BTC) fortune is no longer tied to sentiment in the U.S. stock markets.
The 90-day rolling correlation of changes in bitcoin's spot price to changes in Wall Street's tech-heavy equity index, Nasdaq, and the broader index, S&P 500, has declined to near zero. That's the lowest in two years, according to data tracked by crypto derivatives analytics firm Block Scholes.
The dwindling correlation with traditional risk assets means that crypto traders focusing solely on traditional market sentiment and macroeconomic developments may face disappointment.Source https://www.coindesk.com/markets/2023/07/05/bitcoin-is-no-longer-correlated-to-us-stocks/I couldn't count how many times bitcoin has correlated and de-correlated from traditional markets since the past. Who's to say it can't correlate sometimes soon again? I wouldn't make investment decisions based on this personally. Yes hehehe, I was assuming that the decorrelation would become stronger and continue as the traditional markets dump. However, what might also occur is the traditional markets dump on a higher percentage compared to bitcoin and make bitcoin appear like a more stable investment. Bitcoin has been on low volatility when it is not pumping. High volatility on only arrives when there is a pump. This might be our signal that bitcoin is entering a bull market or a trigger. |
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@zasad@. It appears that you were correct. However, I do not think that this is a condition imposed by the American government. Paypal might be following the business model of Tether. On July 31, Tether has reported that they have $72 billion in treasuries all earning yield. PayPal USD is “100% backed by U.S. dollar deposits, short-term U.S. Treasuries and similar cash equivalents,” according to a Monday press release. Additionally, PayPal’s stablecoin is redeemable 1:1 for U.S. dollars, which means one PayPal USD can be redeemed for one U.S. dollar and vice versa.Source https://www.cnbc.com/2023/08/10/paypal-launches-its-own-dollar-backed-stablecoin.html |
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Why are the people in this thread very strict? You are acting like toxic maximalists hehehehehee. You guys been watching the pre-season at all? I've been trying to catch some of the beginning of games where we see the starters. Obviously most are playing very little right now. Justin Fields and my Bears looked pretty interesting this past week. Though the two TDs were screen passes which doesn't really derive confidence out of me, need to see Fields in the pocket and making plays.
BTW I thought they were supposed to whittle down the pre-season to 2 weeks, or am I making that up?
I have not been watching any preseason games. I have been reading some articles and some of the news near the end of last year's regular season about injuries on certain players like Jonathan Taylor and Derrick Henry. I would not put them on top of my cheatsheet hehe. On Justin Fields, he might become a top 10 quarterback and he might also be ranked higher than Justin Herbert by the end of this season. Do not shake your heads, this will happen. |
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@harizen. On Tapales, what legacy? We should be honest, he is a good boxer but he has no potential to be something similar to Pacman or Inoue. I speculate that he might also lose if Casimero was given an opportunity to fight him.
Everything is business for Tapales. He knows Inoue wants to create a boxing legacy and he cannot have this if he cannot get the WBA and IBF championships. Inoue should pay the right amount.
Also, if Tapales will decide not to fight Inoue, I wish it would be Casimero and also wish that Casimero would win hehehehhee. Inoue vs. Casimero would be another fight the boxing fans would consider something like a superfight.
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@mk4. However, bitcoin's correlation with the more traditional markets has been going down. If this continues after every bull and bear markets, we might witness bitcoin being considered by traditional finance as an alternative investment for hedging. The interest on a spot ETF for bitcoin is clearly a sign of this. I shake my head to the doubters. The falling correlation has been noticed since July. Bitcoin's (BTC) fortune is no longer tied to sentiment in the U.S. stock markets.
The 90-day rolling correlation of changes in bitcoin's spot price to changes in Wall Street's tech-heavy equity index, Nasdaq, and the broader index, S&P 500, has declined to near zero. That's the lowest in two years, according to data tracked by crypto derivatives analytics firm Block Scholes.
The dwindling correlation with traditional risk assets means that crypto traders focusing solely on traditional market sentiment and macroeconomic developments may face disappointment.Source https://www.coindesk.com/markets/2023/07/05/bitcoin-is-no-longer-correlated-to-us-stocks/ |
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I am laughing it this news development. CZ accuses the SEC of a fishing expedition It might uncle Gary's turn to show everyone 4 fingers and tell CZ and everyone in social media that it is nothing but FUD hehehehehe. In any case, it appears Binance might not be taken down this year. Next year might be another story, however.  Binance has asked a court for a protective order against the United States Securities and Exchange Commission, accusing the regulator of undertaking a “fishing expedition” with its discovery requests.
In an Aug. 14 court filing, Binance argued while it’s worked in good faith with a June court order, the SEC has served overly broad and unreasonable discovery requests that seek “every single document in [Binance’s] possession related to customer assets.”
“BAM has worked in good faith, but the SEC has been steadfast in its belief that the Consent Order gives it carte blanche to investigate every aspect of BAM’s asset custody practices without any discernible limitation whatsoever,” it stated.Source https://cointelegraph.com/news/binance-files-motion-for-protective-order-against-sec |
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@Abiky. America is presently the leader of web3 and blockchain, however, it might not hold this position very long if uncle Gary and the SEC will continue cracking down on the cryptospace projects and services under their jurisdiction. This will cause investors and developers to invest and go to another jurisdiction where they are encouraged to create and develop new projects. In China's opening for the cryptospace, it will be Hong Kong first then Shanghai. This news update supports this argument. However, they might do this under whitelisting. On August 15th, Hong Kong Chief Executive John Lee Ka-chiu expressed that Web 3.0 is a new direction for the development of the Internet. Hong Kong maintains an open and inclusive attitude towards innovators worldwide engaged in virtual asset businesses and aims to create a conducive environment.Source https://twitter.com/wublockchain/status/1691288400765321216?s=12&t=fx2RmsbaS0qNJTJTdpNu2wSource of the news. Use a Google to translate. https://bau.com.hk/download.html?id=1140707314792357888&url=https://bau.com.hk/article/2023-08/14/content_1140707314792357888.json |
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@dansus021. It does not have a connection with the ETF. This might only be some politicians in the American congress trying to get some attention on Blackrock and MSCI's business with the Chinese and to make them stop providing investment inflows of American dollars in China.
America and China have not been very friendly recently because the Biden administration supports Ukraine in the war and China under president Xi has been in support of Russia.
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It appears bitcoin and the US stock market has reached a stage where they have presently become very loosely correlated. While the natives of the cryptospace are preparing for the bull market, there are investors in the stock market who are preparing for a big dump hehehe. According to a news update being shared in social media, Michael Burry of the Big Short has 93% of his portfolio in options puts. BREAKING :
Michael Burry just shorted the market with $1.6B
Bought $890M of $SPY Puts
Bought $740M of $QQQ Puts
This now makes up 93% of his entire portfolioSource https://twitter.com/burrytracker/status/1691121657526759424?s=12&t=fx2RmsbaS0qNJTJTdpNu2wThose puts will be 93% of his portfolio only if he decided to exercise them. After further analysis from the community, we want to clarify the recent Big Short from Burry's 13F filing
The $1.6B of puts represents how much it would cost to exercise those puts
It DOES NOT represent the actual amount Burry spent on themSource https://twitter.com/burrytracker/status/1691260567510728704?s=12&t=fx2RmsbaS0qNJTJTdpNu2w |
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