well greyscale is part of this group https://dcg.co/portfolio/whom own alot of bitcoin businesses. including coinbase though due to the large group of sister companies. expect that those sister companies would keep a sister that messed up 'afloat' in bad times but if they couldnt stay afloat. EG if greyscale super messed up had no backup resources/drain the spare resources of sister companies to the bone to previously stay afloat and then had to go bankrupt. expect lots of things to be affected, including coinbase |
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What he meant "China want to control everything" is the CCP intervening businesses in the country. JackMa for example wants to hold IPO for the Antgroup and then CCP, stopped it whereby we as outsiders of China are not able to participate.
and how many mining farms have gone public on america's nasdaq you will find that the ones that are listed. they are not actually applying as 100% mining company. but termed on the application as vague services to get around certain application restrictions american SEC has EG https://www.investopedia.com/markets/quote?tvwidgetsymbol=CANCanaan, Inc. provides computing solutions to solve problems. Currently, the firm is focused on the research and development of technology, including such areas as AI chips, AI algorithms, AI architectures, system on a chip (SoC) integration and chip integration. It also provides a suite of AI service solutions. The company was founded by Li Jia Xuan, Liu Xiang Fu and Zhang Nan Geng in 2013 and is headquartered in Beijing, China. we know canaan is into bitcoin mining and is their main income stream. but sssshhhh, the SEC accepted them as a nasdaq listed company for its 'computer solutions' and 'ai research' descriptor take all the ETF applications american SEC has received over the last half decade. we are still waiting for s single one to get accepted. i remember half a decade ago bitmain was playing the same game by talking about themselves as a semiconductor company doing research in AI to get passed a few issues china had. by changing to define themselves as a cryptocurrency mining group doesnt play well in multiple countries. where as sticking with 'semiconductor' and 'ai' does allow them some recognition and acceptance Would you say China's government did it better than any government after banning BTC mining? Or would they come up with a regulation one day?
I don't see situation like holding money withdrawals from banks only happens in China, it happens everywhere even in Canada.
well UK/america banned/prohibited multiple drugs and it took about 100 years to then licence/permit public use well UK/america banned/prohibited alcohol and it took multiple years to then licence/permit public use so i wont consider a licence/regulated use situation to be a 'never gonna happen' story but we cant tell how long exactly it might take for them to sort out a path to be able to regulate/police crypto where it cant be abused and unpunished for those that go to extremes of using it maliciously (stealing electric/scammers/hackers/etc) |
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You can hand over your knowledge and contributions by leaving your account alone. I've seen good new accounts surpass me in whatever measure you can think of  i know some people think that merits and acitivity of user account stats wins favour for things like Sig campaigns thus makes people think forum usernames then have value to sell.
but if you are messing around in the game of selling accounts, you are playing the penny game wasting time for little return while missing out on where the big money lays.
Think it's really hard to step off the penny game for a lot of people. Some a matter of pure economics, where a penny is worth something (and they can't see beyond the penny or the dollar, or never thought it was possible). i understand today there are many third world countries that see even $0.10 an hour as a good income. but setting their long term future of inheritance for their kids, to just inherit an account doing minimum income seems a lil short sighted. nothing wrong with people trying to make some passive income now. but dont set career/lifetime/inheritance goal on just plodding along. as that is not a good inheritance plan to progress prospects of your offspring. |
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these criminals dont use botnets/malware or webextensions to mine bitcoin. When I did the math, I checked for Monero. CPU mining combined with privacy features makes it the perfect coin for a botnet. but monero has 'some' competing 'good miners' so the share of the ~430 a day coin. is not all going to end up in a botnets hands. there are many crap coins, with no real block mining competiton. this most reward can go to a botnet/malware, whilst also being such an unknown crapcoin no one spots the abuse happening to care to even want to fight it.. there are some that make blocks in seconds (meaning far less than 10cent of CPU power to make a block) but had coins market rate at more then 3x of that cost. it doesnt need to be coins worth $150 a coin at 430coin a day rate(like monero) to make it worth cheating people scammers, hackers and just generally malicious people can do it on many coins. 30,000 botnets using a crap coin of 100 coins every 60 seconds where cpu cost is 0.04kwh electric =0.02 per cpu/hour =0.000333 per cpu/min =0.00000333 per cpu/coin =0.0999 per 30k botnet electric abuse per coin(not actual cost to hacker. but network underlying value cost per coin) ~$0.10 network value per coin, but coin market rate is $0.50 per coin meaning $50 a block(minute) meaning $72k a day, where botnet gets most of the coins per day thus most of that $72k without causing speculation fear/changes of prices compared to monero $64.5k a day where botnet would get less share of that amount and would cause more speculation fear and drop price thus lose out more. so yea there are many many crap coins that are not even worth a dollar each. but adding up how many coins are produced and the lack of competition meaning a botnet can get a large share of the daily coins means they can botnet/malware mine a few different crapcoins and net a nice hefty reward |
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mining pool nodes collate transactions into a block and stick to the rules so they can have their blocks accepted by the network to then spend the reward they attached to their block. whether thats spending their reward with average users or merchants. by being on the same chain accepted list of blocks as the majority of merchants/users.
the most important audit nodes(full nodes verifying) are majority the merchant/service/exchange nodes (known as economic nodes/supernodes) because people want to spend their value with these nodes so its important these economic nodes dont allow double spends or try to counterfeit transactions (accept large value unconfirmed tx) or hack those nodes or accept bad blocks and many other reasons.. as thats just bad business that costs them losses if they dont do it correctly.
EG accepting and following a chain of bad blocks. means they are throwing themselves off the good clean network. thus losing business. because majority of cases. those blocks get orphaned (unless a following occurs where it becomes an altcoin by continually building ontop bad blocks, and users end up also following said bad blocks), in which case. the merchant would still prefer to follow a good chain, to be in sync with other merchants and users wanting good security and functionality. (rather than the altcoin)
regular users want to be on the chain of blocks that is most valid and accepted with the majority of the network so that they can spend/receive their funds with other users direct or spend/receive funds through main merchants. where the symbiosis is everyone collectively wants a good clean chain that everyone follows rather then altcoins with their individual flaws, faults and issues
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these criminals dont use botnets/malware or webextensions to mine bitcoin. the hashrate vs reward is not worth it.
instead they do it to mine crapcoins that have current speculatively high prices compared to the underlying value(mining cost) thus if they are wasting $30k electric of hacked users electric. they probably making $90k on a crap coin that is speculating its price 3x above its crap coin cpu/gpu mining cost
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i know some people think that merits and acitivity of user account stats wins favour for things like Sig campaigns thus makes people think forum usernames then have value to sell. but if you are messing around in the game of selling accounts, you are playing the penny game wasting time for little return while missing out on where the big money lays. dont rely on sig campaign or account sales as your main desire of income. its meant as a passive pocket money side bonus for some. while they start a business or create a project to actually better their lives. its not meant to be a case of wanting to protect a username for life as an investment in-of-itself. because obviously if there hundreds of millions of user accounts where in 60 years everyone will have legendary status. the value of accounts goes down due to the abundance of numbers of accounts available to sell so concentrate on other methods of income via learning about bitcoin. not by simply trying to post random posts to get a forum status The major advantage of bitcoin is not easy transaction process as you emphasised. Bitcoin transaction and storage is not as simple as you portrayed it to especially an illiterate layman. I have seen people run into issues while doing Bitcoin transactions. I have seen many loss their Bitcoin because of inability to save it for long period of time. The best advantage I can say is for security and liberty.
there are many many options to store the private key/seed. there is no limit to options that make it easier for people to keep long term. your not forced to keep one copy and have to protect it with your like (unlike a gold nugget) if you consider bitcoin from the prospective of 'if you had to make a transaction using only pen and paper' then yes noticing the cryptography of signature proofs make it very complicated (i read the code and done stuff some in that area for other projects(re-typing it out not pen/paper ofcourse), so i know its not childsplay) but from the process of a user experience. just copy and pasting an address/qr code scanning, typing in an amount and pressing send. it is easy. compare it to bank notes. to pay someone you have to physically go to a bank ATM type in a pin number get the cash. travel physically else where and hand it to the recipient. is less easy compare it to debit card fiat. for an online purchase having to type in a long number, expiry date, CVV number. your name, billing address. and sometimes have the bank do a random security 2factor check. is less than easy for me bitcoin is easier to secure value in what fiat world would describe as a offshore trust account. its simpler in bitcoin by just paying a bitcoin multisig address in the bitcoin world. no bank managers are needed no accountant or no lawyers to contract multiple people to a trust needed. you simply fund a bitcoin multisig address and its done, funds are safe. and control is equally shared between who you hand keys to without giving any of them individual control. |
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we didnt build asics to be binary resistant.
we used binary systems asics to be stronger, efficient than singular home use domestic systems of binary.
instead of trying to avoid quantum.
people will use quantum to boost the hashrate. no fork needed. just the future generations of asics will be quantum based where the difficulty will make it expensive for even quantum 'pcs' to try
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Is it just me, or is Challenge 2 vague and confusing? Also, I would have thought recent events would leave people a little wary of attempting to create artificial pegs algorithmically. I think I'd feel more comfortable if no one managed to claim the reward for that one.  That. What's the benefit of pegging your Lightning balance to USD? And how exactly is this supposed to work? Like, creating 1 L-USD for each 3,000 Lightning sats? Doesn't make any sense. Bitcoin is free money; a currency on its own. And so is USD. Whoever wants to switch, utilize trading. all 3 challenges are not for fangirls to claim like some bitcoin puzzles announced over the years. its for devs to integrate LN functionality into wallets with different features AKA dev bounties, AKA sponsored features, AKA commission for developers. the idea presumably.. is obvious allow atomic swap between lets call it mcent and msat. so that people can do decentralised exchanging of pegged fiat to pegged bitcoin, off chain and off bank everyone (apart from certain people who pretend they dont know) understands that LN is its own network that can bridge to many chains. meaning the challenge in question is looking for Ln devs to make a USD stable coin segwit compatible and thus lock compliant to easily then allow a gateway into LN to then have it where LN channels can be cent/micro-cent based balance. or any other way to get a USD stable coin to lock/bridge to LN its not about converting a litecoin pegged 'lit' or a bitcoin pegged 'msat' to be worth some USD amount. its about having USD stablecoin locks/pegs to something like mcent balance in LN |
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gotta love the Q2 report.. pretending its over 250TW usage https://bitcoinminingcouncil.com/wp-content/uploads/2022/07/2022.07.19-BMC-Presentation-Q2-22-Presentation.pdf253 TWh ENERGY CONSUMED BY BITCOIN MINING ON THE WORLD'S ELECTRIC GRID2
2BMC ESTIMATED BITCOIN MINING ENERGY USE (June 30, 2022). the report says it is sourcing its data from the BMC "estimates" gotta love a BMC report using itself as its source..... however.. the BMC "estimates" of said source page.. is saying https://bitcoinminingcouncil.com/bitcoin-mining-electricity-mix-increased-to-59-5-sustainable-in-q2-2022/Additionally, year-on-year it is estimated that the global Bitcoin Network’s technological efficiency grew by 46%, from 14.4 EH per gigawatt (GW) in Q2 2021 to 21.1 EH per GW in Q2 2022. well we know the hashrate for the YEAR was below 210EH average.. but lets extreme the numbers purely for easy math and pretend the year was actually 210EH average all year, just for giggles 210EH all year would be= 10GW an hour =240 GW a day = 87.6TW a year yep at most extreme. 87.6TW a year.. not 253 .. heck.. lets run some more math.. at 52.5k blocks per year 328125btc a year and lets say a 4cent per kw electric is about $10678.86 in just electric per btc at the giggly extreme rate i mathed and wait for it.. drum roll.... $30841.90 per BTC at the BMC Q2 reports usage of 253TW .. just for electricity cost so yea.. their math is wrong on MANY levels. because if their math was right. and you then add in the hardware cost of mining(asic equipment cost ontop) it means that the world is all mining at a loss even if they all everywhere mined for 4cents/kw.. .. further math. so the source of bmc source says its doing 21.1eh per 1GW so lets work out how they found that 'efficiency' 21.1EH for 1GW =21,100,000thash for 1,000,000kw =21,100thash for 1000kw =21.1thash for 1kw =95th for 4.5kw again looks like they are using bad efficiency for 2022 after all we have 140th for 3.01kw in 2022 after all we have 110th for 3.25kw in 2021 after all we have 95th for 3.25kw in 2020 after all we have 56Th for 2.52kw (s17 in apr2019) after all we have 28Th for 1.59kw (s15 in dec2018) seems they are average 'estimating' the efficiency that is roughly the s17 from april 2019 batch/time period, but using that as the 2022 efficiency number |
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i stil laugh everytime i read badeckers post
so badecker. as a male you think its your right to decide a females choice/freedoms
ok. so if someone was to trespass on your property. lets have it so you then have to shelter that person for 9 months. and nourish it, no questions asked. no choice. as soon as they enter your property. you cannot kick them out, turn them away, or shoot them for trespassing.
i know you are a gun loving nut that wants a gun incase someone unwanted invades your property.. so killing someone in your personal space is ok with you.. so why are females not allowed the same freedom/choice
i find it funny how a pro-gun. pro personal property guy. is too sheep follower to trends of his fangirlism of republican chants. that he does not even think about what he is chanting and how one chant is the complete opposite of another chant but he still chants for both policies even when they contradict each others policies of end result/purpose.
badecker pretends to want freedom, choice, no government overreach. but then chants that he wants government to force laws and remove choice/freedoms.
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just because a burger existed prior to 'mcdonalds' does not mean the mcdonalds brand has no creativity when it first came out
the first goat that got randy with a female buffalo to breed off the first cow, does not mean that 'man' did not invent the burger(from cows). it does not mean because burgers come from cows that the cow made the first burger
just because sheep make wool. does not mean that fashion designers are not creative
does not mean that shirts, sweaters and socks were never invented.
the guy that invented the wheel, first electric engine. is not the inventor/creator of a tesla car
...
satoshi created and invented bitcoin.
founders are people that start their own company.. bitcoin is not even a company. ..
bitcoin did not pre-exist in its form just waiting for someone to look under a rock and shout "found it" like lost property
bitcoin was created. many things had to be pieced together in a unique formation never seen before. thus it was created and invented and not by those names over the 40 years. bitcoin was put together(created and invented) by satoshi
if people think that bitcoin is actually not created/invented in 2008-9 and instead is just something that existed for 40 years. then you must think that a pizza is just wheat or a tomato or cheese. and not something different than those separate ingredients that went into making it
wheat has been around for millions of years
domesticated chickens(eggs) for 10 thousand years
tomatos 50 millions of years
but pizza .. not that long in comparison, and not just found under a rock naturally.
bitcoin was not "found" no company was set up with co-founders.. bitcoin didnt pre-exist for upto 40 years and just waiting for someone to spot it. it was created and invented by one person that seen lots of ingredients and mixed it all together into a unique recipe no one else thought of
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We're starting to see that the market is no longer that strong when someone influences it.
elond did not influence it. (EG tweet storm) it was MEDIA exaggerating things and people are no longer fools to MEDIA we know that elon/tesla did not sell coins the day media decided to report the story. we also looked at the amount of coin sold weeks before media speculation and seemed it as old news that was already 'priced in' thus not a factor worthy of reacting to. its the case that MEDIA is getting slow, taking to long to find worthy stories and that some people are starting to get wise to media tricks though there are some in this topic that just clickbait fall for headlines and think that date of headlines/post is date of event. and ned correcting several times before it gets through to them, so still some education is needed |
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They bought around February - March 2021 so 30-50k which means they sold at a loss adding power to the April - May crash.
no they didnt elon bought his stash in-before december 2020. he reported it on the december 2020 filings.. .. those filings entered the media circus of speculation viral commenting about it in feb-march 2021 We aren't talking about Elon here but Tesla. when i refer to elon. i am referring to the tesla stash.. because elon is tesla..(same human brain deciding.. even if its a diferent biological body or busines entity connected to that brain) here is MEDIA talking about a buy in feb 2021 for tesla (i still see it as elon buying it due to him being CEO obviously) https://www.cnbc.com/2021/02/08/tesla-buys-1point5-billion-in-bitcoin.htmlbut IDIOTS call that the signal that elon/tesla bought in february 2021.. NOPE the article refers to a sec filing by tesla(elons company) of december 2020 https://www.sec.gov/ix?doc=/Archives/edgar/data/1318605/000156459021004599/tsla-10k_20201231.htmso the coins sold in 2022 are coins acquired pre december 2020 if you want to knit pick the name. of ethier company or human.. they are the same human decision maker but different name of entity.. but its all talking about the same stash of coin. coins purchased pre december 2020 and sold early-mid 2022 |
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3nm is years away from being used in miners.
as far as i know, is most miner using 7nm technology that already use by many company
TSMC started doing 7nm in 2016. but bitmain waited a couple years before renting foundry fabricator time and started only making 7nm batches of chips in 2017-8(the s15 range BM1391 chips) why did they wait and not just buy some fabricator time slots in 2016.. obvious answer.. its cheaper to wait it out a bit. (let the fabricator rental costs come down a bit) yes the efficiency gain of watts/hash is 45% better in the 3nm compared to current nm chips but if the chip itself(due to production cost) is more. then the efficiency:economics does not equate to be any more rewarding, and instead more costly to mine on new equipment if the equipment cost is too high take this years batch they have 2 variants of 19 generation ill use as an example https://shop.bitmain.com/product/detail?pid=00020220711185109085o99L6nF90644Bitcoin Miner T19 Hydro - 145thash - 5438watt hardware cost $2,175 https://shop.bitmain.com/product/detail?pid=00020220210152002039CHAR8f2i0636Bitcoin Miner S19 XP - 140thash - 3010watt hardware cost $11,620 as you can see the wattages are different by far but the hashrate are about the same (3%+-margin of error) but the hardware costs are more noticable. now guess which one is cheaper to mine with if based on a 4cent/kw electric cost and spreading the hardware across 2 years answer below(scroll over to see white text) [answer:
answer. T19 wins even though it uses 5kw instead of the s19 at 3kw
math:
hashrate 210000000thash
T19 -145thash 5.4kw:
1448275.862asics running to produce 210exahash
7875724.138kw used per hour to do 210exa
$315028.97 spent per hour at $0.04 electric rate
$8400.77electric cost per btc
$3150000000 hardware cost of 1.448m asics
$4800 hardware cost per btc, where costs are spread over 2 years (total cost/105k blocks/6.25coin)
so cost per btc of electric+hardware=
$13.2k
s19XP - 140thash 3kw
1500000 asics running to produce 210exahash
4515000kw used per hour to do 210exa
$180600 spent per hour at $0.04 electric rate
$4816electric cost per btc
17430000000 hardware cost of 1.5m asics
$26560 hardware cost per btc, where costs are spread over 2 years (total cost/105k blocks/6.25coin)
so cost per btc of electric+hardware=
31376
] |
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And the thing to gain from this is,,, not a single person in crypto is even surprised by this news  ofcourse no one is surprised. but it happens in the fiat market too a couple years ago i simply asked a couple exchanges if they would release data not about specific customers, but about their services total deposits/withdrawal amounts per day and they said that is was private business data. meaning its something that gained them an advantage as a business over competitors. so yes exchanges do have alot more data then you think. even before their customers make an order. there are teams on exchanges that can see the in-flows and out-flows of coin/fiat and know before it hits the market the chances of large market movements approaching, via knowing the fiat:btc ratio of reserves, by knowing if they are buyer heavy or seller heavy..thus able to arbitrage the market before the deal is done by customer(s) ofcourse exchanges should not be trading on its own market using information it knows pre-customer activity. but i wouldnt be surprised if they do arbitrage deals based on the customer info they have. you would think that, if two different companies with 2 different sets of customers. where customers have their own random sentiments and decisions of pricepoints they want to buy in at or sell at.. you would/should notice a general difference in the small spikes and dips of prices on different exchanges. but when 2 exchanges are literally like for like even to the small wiggles.. then its obviously most of the trade is arbitrage and not customer random purchase/sells (binance in grey and green, coinbase in white and blue- screenshot of chart taken on live data while writing this post)  even if there was 'some' arbitrage and 'some' customer randomness(fair balance). you would notice 'some' inconsistencies. but when they are this mirrored. its mostly arbitrage orders taking place across markets rather than customer orders independently on each market |
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only able to purchase (1pence-)£1-£5
and you call that 'onboarding bitcoin', seems a small limit you wish to apply.(knowing the current bitcoin fee's will eat into that quick. especiially a 1pence purchase...)(heck even btc tx fee's for LN locking would eat this.. unless your using pre locked coin of balance in LN to be imbound to ln customer that have NOTHING to do with the multisig sharing process of the lock, thus not having actual bitcoin until they decide/able to close session, where they are then hit with the surprises of bitcoin network experience.. )
i understand from a regulatory prospective this allows you to avoid KYC headaches by being way below money service business requirements. but the low amounts seem too low for an effective and worthy bitcoin purchase
i feel you are actually talking about onboarding them to LN as thats the only practical way to give people 1pence-£5 of crypto without losing value instantly in fee's
from a training, teaching, education respect of talking to your customers.. i do hope you mean asking a user to download a BITCOIN wallet and tell you a BITCOIN address so they can have some UNLOCKED bitcoins on their own private key without any custodian service or multisig partner authorisation requirement.. you know the actual bitcoin experience..
.. .. and not be asking customers to download a LN wallet and open a channel with a service('fastbitcoin' LN hub node) that has readily available outbound(imbound to customer) msats., locking them into the other network thats nothing like bitcoin
if it is the case of 'onboarding them' via a LN wallet. please be sure you dont confuse them by pretending they are experiencing bitcoin network features.
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In other words one person out of thousands who are pump and dumping shitcoins is charged with insider trading. They should take a look at some social media to see the pump and dump groups that are scamming people on a daily basis.
In any case, what's up with all these negative Coinbase news that keeps coming out recently? It's not like these things haven't been going on from the start of the company.
the company having a bad time right now. they recently fired a lot of their employees. and then I heard they shut down their newly launched NFT marketplace which was a total failure and now this insider trading case, seems they are having a lot of issues specially from management. it could be beginning of fall of one of the biggest blockchain companies in the world. with all the NFT scams and the opensea DOJ thing in recent months, i think its not a technical issue that coinbase pulled back from. but a business/regulation risk decision to hold off from jumping on the NFT bandwagon. too much regulatory headache for a niche gamer token thing. NFT are not usually 'traded' like daytrading assets/coins. NFT is more of a retail purchase/auction model, which doesnt really fit the income creation method coinbase likes(day trading is their wheelhouse) I think Coinbase are the target for negative news, because their enemies know that if they can take down one of the biggest exchanges in the Crypto scene, then they will put a serious dent in Crypto currency adoption. It is a lot like hackers going for the juiciest target, because they know that these centralized companies get the highest trading volume.
coinbase is sister company to alot of crypto business. so i dont see them dying quickly if they were to die. binance however is more of a solo company with more at risk to die with one fatal shot. but coinbase would need multiple hits from multiple directions to inflict lasting damage they are well supported by the other sister companies. but with that said. if there was a supposed organised attack on the DCG. EG yes coinbase is sisters with greyscale that is suing the SEC. then putting a dent into coinbase can snowball effect cause dents in the sister companies too. (ill let the tin foil hat guys play that hint out.. ) |
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i wouldnt be so sure its a competitor
i mean coindesk is a news outlet owned by the same group as coinbase. and they were one of the first to announce the story
Yeah, it was more of a off the cuff statement. I didn't genuinely believe it was a competitor, but the amount of news recently we've seen, and it being negative I just found it funny. Like I said, better to have this negative news coming out, now there's less eyes on Bitcoin news. when a business is on a low, but can survive. it is the best time to open up all the trash publicly and let it all get put out on display. then next year. up, up up up up win win win. many businesses when they know they are going to show a financial 'paper' loss to share holders, use that year to really go low and maximise losses. then the next year is pure gains. I'm wondering what the circumstances of this was, since I bet there's a lot of insiders doing this sort of thing, it's been documented in other industries quite often, so either the person was very obvious in what they were doing, or it was just a random spot check.
only a small special team knew weeks-months ahead of coins that would be added to coinbase, so it narrowed down the possible employees to look into I know you said they looked at the pumping, and dumping, and that's what triggered it. However, surely that happens a lot? I don't watch particular tokens enough to actually be aware, but I suspect they get a lot of pumping, and dumping?
it wasnt just that pump and dumps happened. it was the timing coincidence of certain tokens before coinbase told the public they were going to add it, meaning only a select few knew of the up coming adding of the token to the market listing. thus too coincidental that particular coins were pumped right when the secret talks happened internally about future market list additions, where the general public wouldnt know(yet) and most employees didnt even know |
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In any case, what's up with all these negative Coinbase news that keeps coming out recently? It's not like these things haven't been going on from the start of the company.
Yeah, I was thinking the same. Almost like a competitor is going after them. i wouldnt be so sure its a competitor i mean coindesk is a news outlet owned by the same group as coinbase. and they were one of the first to announce the story https://www.coindesk.com/podcasts/coindesk-podcast-network/ex-coinbase-manager-among-3-arrested-on-crypto-insider-trading-charges-tesla-sells-75-of-its-bitcoin/https://www.coindesk.com/policy/2022/07/21/us-authorities-arrest-3-including-former-coinbase-manager-on-insider-trading-charges/while other media were just copy and pasting other media, coindesk already had a postcast out explaining it Although, I guess if you're Coinbase it's best to get all the negative news out of the system while not many people are buying, and there's been a decrease in user base.News is often forgotten about,
sounds more like it although it's hard to believe this is the first time it has happened, and weird how they've basically singled out one person, as there was likely many in their investigations.
well this was from one investigation.. of a highly noted and publicly commented on pump and dump coincidence that happened over the last year. something they couldnt ignore or brush under the rug coinbase also got rid of alot of other employee's recently that were deadweight for many reasons so im sure they spotted a few other employees doing less then good activities, which made the choice to remove them easy |
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