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Items tagged with: Cryptocurrency



Will the cryptocurrency industry’s endemic fraud and risk-taking ultimately be backstopped by government bailouts, funded by taxpayers who may themselves have no exposure to crypto assets? Has crypto become too big too fail?

My latest in Businessweek: bloomberg.com/news/articles/20…

#crypto #cryptocurrency


I wonder if Coinbase routinely calls up newsrooms to try to blackball people who criticize them, or if I'm just special

#Coinbase #crypto #cryptocurrency


Ah there we go!

exposing the hawk tuah scam

youtube.com/watch?v=zUHq8AWR1R…

#hawktuah #scam #Cryptocurrency


#cryptocurrency #memecoins #InternetCulture #HawkTuah

'Upon launch, $HAWK jumped to a market cap of $500 million. Within minutes, the token crashed. Its current market cap is around $36 million. Hawk Tuah fans quickly took to social media to share how they lost thousands of dollars.

Things are starting to look a lot like 2021 all over again. '

mashable.com/article/celebrity…


Anyone who thinks they can still pay with cryptocurrency after the collapse of our civilization is beyond help. Would you trade something to eat for a USB flash drive in the end times?


#btc #Bitcoin #crypto #cryptocurrency #money #finance #Infrastructur #civilization #future #earth #economy #humanity


Well, I just talked about it an hour ago

Remember that 'Hawk tuah girl' from a video the internet for some reason went nuts on?

Ofc they couldn't just enjoy their fame but had to launch a #Cryptocurrency token and milking dry their audience

What's new...

coinmarketcap.com/nl/currencie…


Celsius CEO Alex Mashinsky has entered a guilty plea in his criminal fraud trial, which was scheduled to begin in about two months. His Celsius cryptocurrency platform collapsed in July 2022 after it couldn't meet customer withdrawal demands. Its failure was particularly devastating because it had actively marketed itself to customers as safer than banks, regularly telling customers that "banks are not your friends".

#Celsius #crypto #cryptocurrency


This #Child Made $30K #Rugging a #Solana #Meme Coin— Then #Crypto Degens Got #Revenge


Source: decrypt.co/292594/this-child-m…

But as the token hit a $1 million market cap, the #kid promptly sold and dumped his bag, resulting in the token’s price falling 54% in a matter of seconds. This has been defined as a rug pull by on-chain data visualization company, Bubblemaps.


...

After the rug, the kid created another token called I’m Sorry (SORRY), which hit a $4.5 #million market cap after he sold at the $400,000 level for just over $13,000. Then another token based on his dog (LUCY) hit a $3.8 million #market cap, after he split his supply, selling around $20,300 worth when the token was around a $700,000 market cap.


It's a mad world burning money...💰 🔥

#internet #marketing #news #cryptocurrency #finance #money #economy #fail #token


The #President of #ElSalvador, Nayib #Bukele, the first country to accept #Bitcoin as a legal #payment method, announced that they have made a #profit of 305 #million #dollars (approximately 11 billion TL) from their #cryptocurrency investments totaling 268 million dollars to date.


Source: en.haberler.com/el-salvador-ha…

El Presidente, please allow me to briefly explain #capitalism to you. As long as you do not sell bitcoins, the profit and the previous loss are only theoretical. El Salvador is a poor country and has no #money for #speculation. This means you have to take out expensive loans to pay #salaries in the state apparatus and so you make a loss and not a profit.

#news #technology #Software #Problem #economy #politics #fail #btc #future #trump #investment #dollar