The Crapto Thread

we promise if you turn yourself in no harm will befall you!

Not onion:

It’s believed that they got hacked because they used a product to create a vanity crypto address that starts with 000000… instead of random digits. Turns out that the product that generates those vanity addresses uses a not-secure-enough algo to do so, and you can brute force the private keys. Oops!

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:vince3:

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Hope springs eternal!

https://twitter.com/JacobCanfield/status/1572663395211481091?t=HEUEY2akANsmnvsSPWUwZA&s=19

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The silence is deafening.

Eli5

Guy had $50k 40x leveraged long. He was up 100k but moments later price dipped slightly and he lost everything on a margin call automatic liquidation

oh man, the loud “Holy shit , you’re fucked” buzer at the end

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Good luck with this

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https://twitter.com/BBCWorld/status/1574431638527811587?t=OQNty0kMDlUrY50hs9SSLg&s=19

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Where in the world is crypto grifter boss Do

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In honor of Ethereum’s merge, which saw the blockchain move from a proof-of-work consensus mechanism to proof of stake, Chipotle said it would be offering a steep 99.95% discount—the estimated reduction of Ethereum’s energy consumption—if customers paid in ether.

The obstacle to using cryptocurrency as actual currency is making it user friendly, which has proved a challenge. To facilitate ETH-powered transactions, Chipotle partnered with the digital payments company Flexa, the maker of an Android and iPhone app called SPEDN.

Unlike other crypto wallets, SPEDN doesn’t allow users to buy crypto using a bank account—the only way to deposit ETH is to transfer it from another wallet. So, I opened my Coinbase app and copied in the address, sending $1.50 in ETH over to SPEDN (with an additional network fee of 45 cents, or about 30%).

When the fateful moment arrived and I asked if I could pay in ETH, the cashier, as expected, answered blankly that she had no idea what the hell I was talking about.

Solution: free burrito because employee and manager have no idea how to do this

The possibilities, the future. CRYPTO. Fortune favors the brave.

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:vince1:

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https://twitter.com/greg16676935420/status/1575261724982255618?t=lLxtoPGg8Z7Java2m6zz5Q&s=19

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https://www.bloomberg.com/news/articles/2022-09-28/crypto-crash-was-good-for-industry-weeded-out-tourists

:leolol:

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