Cryptocurrency News & Discussion

The original post: /r/cryptocurrency by /u/longiner on 2024-10-08 15:47:46.

The original post: /r/cryptocurrency by /u/goldenbuyer02 on 2024-10-08 15:32:43.

The original post: /r/cryptocurrency by /u/Mr_Hodlerr on 2024-10-08 15:32:04.

Since 2022, Solana has seen a notable drop in its core developers, while Ethereum's numbers have been steadily climbing. Even though Solana's price has experienced solid growth during this time, the decline in its core developer community is certainly something worth investigating further. A strong and engaged developer community is essential for keeping the ecosystem healthy, innovative, and thriving in the competitive landscape of crypto.

Core developers and TVL on Solana

https://preview.redd.it/iq0bcofswjtd1.png?width=1566&format=png&auto=webp&s=12e1d929616b0426342224d26b77aad72d02c196

Source: Defilama

Core developers and TVL on ETH

https://preview.redd.it/f7cwtatuwjtd1.png?width=1539&format=png&auto=webp&s=8fc570c1bc20d7d95b512668690dd22c8a2f2f13

Source: Defilama

Market Performance of Solana

https://preview.redd.it/n5fvo8xwwjtd1.png?width=1387&format=png&auto=webp&s=2d21d9ace06bc959a00f536a54471cafae1263f9

Source: crypto investment calculator

Market Performance of Smart Contract Industry

https://preview.redd.it/vb8mwu70xjtd1.png?width=1124&format=png&auto=webp&s=9754c0c1a9a1ba9240f7f13bb99ce6a94b8e4c50

Source: crypto portfolio calculator

The original post: /r/cryptocurrency by /u/hiorea on 2024-10-08 15:20:38.

The original post: /r/cryptocurrency by /u/Extreme_Nectarine_29 on 2024-10-08 15:06:54.

The original post: /r/cryptocurrency by /u/InclineDumbbellPress on 2024-10-08 15:02:50.

The original post: /r/cryptocurrency by /u/miskinasde on 2024-10-08 13:41:51.

The original post: /r/cryptocurrency by /u/WellThatsNoExcuse on 2024-10-08 13:19:34.

It seems to be an increasing problem for folks who come into possession of crypto from outside the walled garden of CEXs who try to bring them inside the wall: the crypto has been sprinkled with the dust of "illicit" crypto, i.e. it's been mixed with the proceeds from some sort of criminal activity and has been traced through blockchain analysis.

The CEX is then likely to either freeze and eventually seize it, along with the rest of the clean crypto in the same wallet. Naturally with blacklists changing by the minute, this is a risk for any transaction entering the walled garden.

This is a little bit similar to counterfeight currency, where the black market usually discounts it from 50-80%, because it causes a risk of being seized at the point of sale or transfer (At retail, perhaps just the loss of a large bill or two, at a wholesale drug deal, the risk of loss could probably include ones good health or life as well)

So, I'm curious...is there a similar risk discount to blacklisted crypto, as it likely needs to stay outside of the walled garden, and is harder to turn into useful cash, or is it so mixable that it's not really a problem after all? If so, what does it run?

The original post: /r/cryptocurrency by /u/Extreme_Nectarine_29 on 2024-10-08 13:07:46.

The original post: /r/cryptocurrency by /u/PeachLemonBerry on 2024-10-08 11:29:22.

Just putting a post here to alert all future potential users of an exchange called Exorce.

I feel like an idiot for not seeing the red flags early on before depositing $25,000 into their exchange.

There is no information available about them on the internet currently and I'm hoping that this post will deter at least one person in the future from making the same mistake as me.

After testing a few small withdrawals I deposited a larger amount into their platform. Once the time came to withdraw my funds in full they accused me of insider trading and blocked withdrawals on my account.

I became suspicious and started researching them more thoroughly, turned out the awards on their website are fake, the company doesn't actually seem to be registered anywhere and the physical address on their website doesn't actually house their businesss.

They then said that I need to pay an "insurance fee" of 25% of the current account balance in order to unfreeze my account, which I did. Then they came to me again and said there was an issue with identifying the wallet which the deposit came from so I need to do it again.

At this point I'm cutting my losses. A very bitter pill to swallow of course but I've learnt an important lesson in only using trusted and verified platforms for trading. I feel like an absolute idiot right now.

The original post: /r/cryptocurrency by /u/indexcap on 2024-10-08 11:05:39.

The original post: /r/cryptocurrency by /u/Billaaaaayyyy on 2024-10-08 10:35:35.

The original post: /r/cryptocurrency by /u/hiorea on 2024-10-08 09:38:30.

The original post: /r/cryptocurrency by /u/kirtash93 on 2024-10-08 08:18:44.

The original post: /r/cryptocurrency by /u/coinfanking on 2024-10-08 06:26:20.

Creditors of the collapsed cryptocurrency exchange FTX are poised to receive up to $16.5bn (£12.6bn) under a bankruptcy plan approved in the US on Monday.

The deal will allow former customers to recover a sum worth about 119% of what they had in their accounts at the time of bankruptcy, according to FTX.

The original post: /r/cryptocurrency by /u/Abdeliq on 2024-10-08 06:05:36.

The original post: /r/cryptocurrency by /u/jack-jackson-the2nd on 2024-10-08 03:37:09.

The original post: /r/cryptocurrency by /u/CrossPuffs on 2024-10-08 02:31:25.

The original post: /r/cryptocurrency by /u/TheRivalxx on 2024-10-08 00:34:04.

The original post: /r/cryptocurrency by /u/CryptoDaily- on 2024-10-08 00:00:24.

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The original post: /r/cryptocurrency by /u/InclineDumbbellPress on 2024-10-07 23:31:03.

The original post: /r/cryptocurrency by /u/This-Opportunity-350 on 2024-10-07 20:27:40.

The original post: /r/cryptocurrency by /u/sadiq_238 on 2024-10-07 19:14:08.

The original post: /r/cryptocurrency by /u/Extreme_Nectarine_29 on 2024-10-07 17:03:14.

The original post: /r/cryptocurrency by /u/hiorea on 2024-10-07 16:14:07.