cryptocurrency

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founded 6 years ago
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I'm new to this.I want to buy some crypto and store it on my phone or laptop. I'm buying crypto for online purchases and donations and not looking forward to trading. Which sites would you suggest for me to buy from and which wallets would you suggest?

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Zashi is turning one today—and we’re celebrating with something big. Zashi 2.0 is a complete redesign of the app, built around everything we’ve learned from you over the past year. While Zashi 2.0…

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I've been having to dig into some crypto savings and paying by converting to fiat. I've got a subscription that can be paid with crypto (which I've never done) and was gonna send from Ledger to a hot wallet to pay but I suppose I could just send it directly from Ledger yeah?

Without thinking about it I just assumed it'd be safer to transfer to a hot wallet but right before I did, I wondered why? I can't think of any reason paying directly from a cold wallet would have any risk compared to transferring out first. Would I have just wasted transfer fees or is there a good reason to transfer out first?

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I've used Trezor model T and Ledger Nano. Was wanting to explore other hardware wallets.

What hardware wallets do you recommend?

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Bitcoin mines—massive computing clusters generating cryptocurrency tokens—consume vast amounts of electricity. The amount of fine particle (PM2.5) air pollution created because of their electricity consumption and its effect on environmental health is pending. In this study, we located the 34 largest mines in the United States in 2022, identified the electricity-generating plants that responded to them, and pinpointed communities most harmed by Bitcoin mine-attributable air pollution. From mid-2022 to mid-2023, the 34 mines consumed 32.3 terawatt-hours of electricity—33% more than Los Angeles—85% of which came from fossil fuels. We estimated that 1.9 million Americans were exposed to ≥0.1 μg/m3 of additional PM2.5 pollution from Bitcoin mines, often hundreds of miles away from the communities they affected. Americans living in four regions—including New York City and near Houston—were exposed to the highest Bitcoin mine-attributable PM2.5 concentrations (≥0.5 μg/m3) with the greatest health risks.

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I had always kept my crypto and tokens in a local exchange called Nobitex but I heard that it is not the safest and best way of storing. So may I ask you, where have you had experienced storing your assets? if you ever migrated from one place to another, what was unsatisfying about your previous storage? where are you now?

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he said in a post on Truth Social.

“A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA,” the post said. “I will make sure the U.S. is the Crypto Capital of the World.”

“And, obviously, BTC and ETH, as other valuable Cryptocurrencies, will be at the heart of the Reserve,” he said in a follow-up post. “I also love Bitcoin and Ethereum!”

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Recently, the exchange Bybit suffered an attack that resulted in the loss of over $1.5 billion from a supposedly "cold" wallet. This incident highlights a larger issue: the complexity of the Ethereum blockchain, which can make even the most cautious institutions vulnerable to unforeseen attacks. Read more....

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cross-posted from: https://realbitcoin.cash/post/31779

Pump.Fun is a token launchpad which allows anyone to simply create their own token which then is issued by a smart contract to anyone who wishes to purchase. After 80% has purchased the remainder is added as liquidity on a DEX. The creator of the token also get a reward.

This concept has been ported over to Bitcoin Cash showcasing the advanced smart contract capabilities of Bitcoin.

Have a look @ https://bchpump.cash/pump

The tokens get deployed on Cauldron DEX https://app.cauldron.quest/

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I'm not a crypto guy but the ceo says, "Bybit is solvent even if this hack loss is not recovered, all of clients assets are 1 to 1 backed, we can cover the loss"

And I'm just wondering, wtf, how?

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"To ensure full compliance with these new regulations, we needed to act immediately..... removal of the DEX and bridge features from Komodo Wallet"

🚨 Make sure to remove all your funds and stop using this platform! Let's show them this is not OK. 🚨

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Roger Ver is currently facing politically motivated persecution after publishing 'Hijacking Bitcoin' and speaking out about the subversion of the Bitcoin project.

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cross-posted from: https://realbitcoin.cash/post/5757

Fiendish & Friends #10 - Noel Lovisa Founder & CEO of Code Valley talks Emergent Coding, a decentralised software development paradigm that sets to industrialise the way the world approaches software creation.

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The US Department of Justice (DOJ) has been authorized to sell approximately 69,370 Bitcoin seized in connection with the Silk Road darknet marketplace, a haul currently valued at around $6.5 billion, DB News reported Wednesday. The decision is set to end a years-long legal dispute over the BTC stash's ownership. On December 30, a federal judge ruled in favor of the DOJ's request to liquidate the crypto assets, the report said. Battle Born Investments, which had asserted a claim to the Bitcoin stash through a bankruptcy estate, ultimately failed in its bid to delay the sale.

As noted, the group had pursued a Freedom of Information Act (FOIA) request seeking the identity of "Individual X," who initially surrendered Bitcoin, but the effort also proved unsuccessful. Battle Born's legal counsel criticized the DOJ's handling of the case, alleging the department employed "procedural trickery" in its use of civil asset forfeiture to avoid scrutiny. The DOJ, in its arguments before the court, cited Bitcoin's price volatility as motivation for seeking a quick sale of the seized assets. A DOJ spokesperson, when contacted, stated, "The Government will proceed further consistent with the judgment in this case."

The update comes after the US Supreme Court refused to hear an appeal challenging the seizure of the Bitcoin stash, which was brought by Battle Born last October. The decision likely paved the way for the US government to sell Bitcoin, which was valued at $4.4 billion at the time. The US Marshals Service is expected to manage the liquidation process, which, if confirmed, will be one of the largest sales of seized crypto in history.

Abstract credit: https://slashdot.org/story/437425

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cross-posted from: https://realbitcoin.cash/post/1112

Bitcoin Cash is quickly becoming the go to chain where DeFi apps are being deployed since builders know they will not run into scaling issues which can threaten the growth of their apps.

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cross-posted from: https://realbitcoin.cash/post/208

Continuing the series, here’s my yearly recap article of everything important that happened in Bitcoin Cash over the last year.

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submitted 7 months ago* (last edited 7 months ago) by xtools@programming.dev to c/crypto@lemmy.ml
 
 

Hi Lemmy,

I'm Martin and have been working on a free and open-source, fully DIY crypto hardware wallet for a couple of months now. I' ve just published the first functional preview of the firmware, which can be built by anyone easily using Arduino IDE, and flashed to a variety of $5-off-the-shelve ESP32 boards from Aliexpress.

The first release will allow for storing up to 30 encrypted seed phrases, and Ethereum signing via Bluetooth Low Energy. Under the hood, it's powered by the cryptographic libraries written and used by Trezor.io.

Support for more interfaces and chains can be added fairly easily due to a modular structure, and there is a whole roadmap planned to extend functionality (starting with support for displays).

If you're interested to learn more, check out the README in the Colibri repository.

Please let me know what you think, and leave a 🌟 on Github if you like the project.

Also if there's anything that you've always missed in or been annoyed by a hardware wallet, your input would be greatly appreciated!

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