Welcome to the cryptocurrency group on Zapread!
Fell free to post about cryptocurrencies.
"A few days ago on the famous bitcoin talk cryptocurrency forum, the announcement of a new token for play appeared (as the developer claims), but with a deep ethical meaning: we are talking about ZuckBucks (ZBUX) the anti-pound token . Let's analyze it.
What is ZBUX?
The site https://zuckbucks.cash/ describes ZBUX like this:
ZBUX is an ERC20 token which can be used to do absolutely nothing. Want to buy a cup of coffee with your ZBUX? Too bad! Need to pay your bills? Better use another currency! Zuckerberg's already incredibly overinflated bank account? Now we're getting somewhere! Remember, it's only a waste of money if you don't believe in tech (or, if it's inherently useless, which this is). Be good, be bold, and buy ZBUX (because some random person on the internet says so).
So this token has no use !!!
What is ZBUX used for?
Also approved by the 4chain community for the basic concept, the meme coin ZBUX serves to ethically and amusingly counteract what Libra has recently presented: a centralized digital currency and therefore controlled by a few that deviates from the concept of cryptocurrency by violating the bases that distinguish a cryptocurrency such as the resistance to censorship that libra does not possess..."
"Changpeng Zhao (CZ), CEO of major crypto exchange Binance, has announced that the platform plans to fully resume deposits and withdrawals tomorrow. CZ made the announcement in a security incident update published on May 12.
As reported, Binance had suspended deposits and withdrawals as it worked to rehaul its security systems in the aftermath of a major hack on May 7, which resulted in the theft of around 7,070 bitcoin (BTC) from the exchange’s hot wallets — worth over $40 million at the time.
In the latest update, the CEO kept details of the exchange team’s post-hack actions scarce, telling the public that he would reveal more information once the platform had fully resumed all of its operations. He thus briefly outlined that:"
“Our team is making progress and has been working through the weekend. In the past few days, we have made some significant overhauls to our system, with a large number of advanced security features added and/or completely re-architected. We will share details on some of the changes later.”
https://cointelegraph.com/news/post-hack-binance-plans-to-re-open-withdrawals-and-deposits-tomorrow
"Cryptocurrency exchange Binance has reported what appears to be its largest hack to date.
In a post on the exchange’s site, Binance’s CEO Changpeng Zhao said a single account was affected, leading to the lost of 7,000 bitcoin, valued about $40 million at the current price of $5,815.
The hack comes at an inopportune time for the exchange, which is preparing for the public launch of a fully decentralized version of its services.
“We must conduct a thorough security review,” CZ wrote. “The security review will include all parts of our systems and data, which is large.”
Interestingly, CZ claims no users will be effected by the hack, and that the lost funds will be covered by the Secure Asset Fund for Users (SAFU) set up last year..."
Didn't CZ have the audacity to even think loudly about the rollback to before the stolen funds.... Never used binance and now definetly never will!
I think the coverage from Forbes is very poor it wasn't a single account but one transaction coordinated across multiple accounts. This coin telegraph article is a bit more detailed.
“Just look at LINK/PAX, 100k LINK was traded in a 1m candle and reached
$9999 USD. That allows you to effectively move all the funds to a few
accounts with withdrawal privileges of >100 BTC.”
I don't see any improvement to bitcoin than a fake price stability. Back when "macro economics" started to be a field some people believed you could control everything with Inflation control by printing money or changing the interest of the central banks! Well that resulted in 2007/2008. You can't steer money without controlling people ... even if its a nice pyramid scheme idea to make people hold money for long time!
"Elizabeth Greenwood was traveling the Philippines back in 2013 while her rental car crashed into another vehicle in Manila. According to many spectators, the American traveler had suffered grave injuries. The doctors at the local hospital declared her dead. The local Manila authority issued her death certificate.
The story later served as a backbone to the book ‘Playing Dead: A Journey Through the World of Death Fraud,’ written by the same person who was pronounced dead, the Elizabeth Greenwood. In reality, the author was investigating the Philippines fake death mafia. In an interview to the Telegraph, she admitted that the idea arrived in her when she was fancying how it would be to circumvent her massive student debt.
Greenwood’s research found that people wanting to run away from debts or personal responsibilities have gone to the lengths of faking their deaths. There is a whole industry ready with their “death kits,” in which people can hire doctors, administrators, and witnesses for as little as $100. Philippines and India are among the most sought-after countries to get a ‘fake real death certificate’ easily.
So when the head of a crypto exchange decided to take a philanthropic trip to one of these countries and later died under mysterious circumstances with the keys of millions of dollars worth of crypto, people are finding it difficult to digest the story. QuadrigaCX, the exchange, is facing accusations of lying about their CEO Gerald Cotton’s death to orchestrate what people believe is an exit scam from Day One..."
Interesting experiment - I wonder where it will go. If anything, we should learn something of this approach.
Cool well.. I'm going to add it to the lightning directory. This is something anyone can do by the way I'm currently making a guide on how to that.
You will also earn 50% of the vote share, what happens is you add the site to the directory and you get the share until the owner put's a claim code into there website and the share get's transferred to them.
I added Zapreads on so your welcome to come and claim it and then every time someone votes and pays the 99 satoshi to rate you will get a share.
These results have great implication imo. Turkey a country with inflation problems adopt crypto faster than a rich country like Belgium or Luxembourg whre people are closer to risk markets etc. So I read this as: "Bitcoin works and help people"