User found $17 million in his cryptocurrency wallet due to Coingecko failure
The CoinGecko service began displaying a 117,000,000% increase in the price of the Volt Inu token overnight as a result of the failure. The same data is shown by the blockchain browser Etherscan.
The disruption also affected cryptocurrencies.
One user shared a screenshot of MetaMask, with his $15 tokens valued at $17 million
CoinGecko started displaying Volt Inu data incorrectly back on February 21.
However, the error has still not been fixed by now.
π @TgBitcoin
The CoinGecko service began displaying a 117,000,000% increase in the price of the Volt Inu token overnight as a result of the failure. The same data is shown by the blockchain browser Etherscan.
The disruption also affected cryptocurrencies.
One user shared a screenshot of MetaMask, with his $15 tokens valued at $17 million
CoinGecko started displaying Volt Inu data incorrectly back on February 21.
However, the error has still not been fixed by now.
π @TgBitcoin
Why Bitcoin dropped, what does Ukraine have to do with it and what should investors expect?
On the evening of February 21, 2022, Russian President Vladimir Putin signed decrees "On Recognition of the Donetsk People's Republic" and "On Recognition of the Luhansk People's Republic."
Technically, the decision means Russia's recognition of the DNR and LNR's independence from Ukraine. News of this appeared on the Kremlin's official website.
Ukrainian President Vladimir Zelensky responded to the Russian authorities' decision with a statement that the country under his control would remain within its internationally recognized borders.
Participants of the cryptocurrency community noticed that the growing tension in the political arena has a negative impact on the dynamics of digital assets.
As the conflict between Russia and Ukraine escalated, major cryptocurrencies repeatedly went into decline.
Also amid the escalation of the political conflict, Russians faced a depreciation of the ruble against the U.S. dollar.
Now it is better to wait out the storm and avoid selling at a loss, nevertheless I won't even repurchase, as there may be a chance it's just the beginning of a fall.
π @TgBitcoin
On the evening of February 21, 2022, Russian President Vladimir Putin signed decrees "On Recognition of the Donetsk People's Republic" and "On Recognition of the Luhansk People's Republic."
Technically, the decision means Russia's recognition of the DNR and LNR's independence from Ukraine. News of this appeared on the Kremlin's official website.
Ukrainian President Vladimir Zelensky responded to the Russian authorities' decision with a statement that the country under his control would remain within its internationally recognized borders.
Participants of the cryptocurrency community noticed that the growing tension in the political arena has a negative impact on the dynamics of digital assets.
As the conflict between Russia and Ukraine escalated, major cryptocurrencies repeatedly went into decline.
Also amid the escalation of the political conflict, Russians faced a depreciation of the ruble against the U.S. dollar.
Now it is better to wait out the storm and avoid selling at a loss, nevertheless I won't even repurchase, as there may be a chance it's just the beginning of a fall.
π @TgBitcoin
Proposed EU Regulations Would Limit Bitcoin, Proof-of-Work Crypto Mining
European Union lawmakers are training their crosshairs on proof-of-work cryptocurrency mining amid concerns over its energy consumption.
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ππΌ @TgBitcoin
European Union lawmakers are training their crosshairs on proof-of-work cryptocurrency mining amid concerns over its energy consumption.
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ππΌ @TgBitcoin
USDT is only 5% backed by dollars
According to a recent audit, the company has $4.18 billion in its accounts, a figure that was $7.2 billion last year.
Commercial bonds are also down 21%, but Tether has a large amount of U.S. Treasury securities in its accounts, generating small profits.
π @TgBitcoin
According to a recent audit, the company has $4.18 billion in its accounts, a figure that was $7.2 billion last year.
Commercial bonds are also down 21%, but Tether has a large amount of U.S. Treasury securities in its accounts, generating small profits.
π @TgBitcoin
Moscow Exchange Index now down 52% from October all-time high.
Much worse than March 2020 pandemic drawdown.
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ππΌ @TgBitcoin
Much worse than March 2020 pandemic drawdown.
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ππΌ @TgBitcoin
'Glory To Ukraine:' Russian-Born Ethereum Creator Vitalik Buterin Says 'Very Upset By Putin's Decision'
Ethereum co-creator Vitalik Buterin has criticized Russian President Vladimir Putinβs decision to attack Ukraine, calling it a βcrime against the Ukrainian and Russian people.β
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ππΌ @TgBitcoin
Ethereum co-creator Vitalik Buterin has criticized Russian President Vladimir Putinβs decision to attack Ukraine, calling it a βcrime against the Ukrainian and Russian people.β
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ππΌ @TgBitcoin
Georgia may become one of the world's top mining centers in the future
Analysts claim already nearly 200 000 citizens are involved in crypto-mining in one way or another, and the global giant Bitfury has been successfully operating in the country for more than 5 years.
Experts highlight several key features for the future of the country's mining boom: not extra expensive electricity, environmentally friendly energy sources, sane regulation and not too high political risks.
Especially relevant at a time of mining in Kazakhstan β itβs not that tough to transport equipment to Georgia.
π @TgBitcoin
Analysts claim already nearly 200 000 citizens are involved in crypto-mining in one way or another, and the global giant Bitfury has been successfully operating in the country for more than 5 years.
Experts highlight several key features for the future of the country's mining boom: not extra expensive electricity, environmentally friendly energy sources, sane regulation and not too high political risks.
Especially relevant at a time of mining in Kazakhstan β itβs not that tough to transport equipment to Georgia.
π @TgBitcoin
The reaction to the invasion at 3:00am (UTC) was nearly instantaneous. Trade volumes 10x'ed as Bitcoin began a steep sell-off.
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ππΌ @TgBitcoin
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ππΌ @TgBitcoin
Weird situation occurred recently in Russia
Two "FSB officers" robbed a 21-year-old crypto-owner from St. Petersburg β by beating the man, "two men in leather jackets" seized the victim's phone and gained access to the cryptocurrency wallet, from which they withdrew about half a million rubles.
How the criminals found out about the owner of the cryptocurrency and whether he stored it on a centralized exchange β remains unknown.
π @TgBitcoin
Two "FSB officers" robbed a 21-year-old crypto-owner from St. Petersburg β by beating the man, "two men in leather jackets" seized the victim's phone and gained access to the cryptocurrency wallet, from which they withdrew about half a million rubles.
How the criminals found out about the owner of the cryptocurrency and whether he stored it on a centralized exchange β remains unknown.
π @TgBitcoin
European Parliament delays vote on crypto assets bill over proof-of-work debate
βͺοΈ Debate over proof-of-work mining, especially Bitcoinβs energy usage, has delayed votes on Europeβs long-awaited crypto markets directive.
βͺοΈ Initially scheduled for February 28, the rapporteur in charge of the votes has put them off indefinitely as a leak of amendments that many saw as PoW bans generated public outcry.
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ππΌ @TgBitcoin
βͺοΈ Debate over proof-of-work mining, especially Bitcoinβs energy usage, has delayed votes on Europeβs long-awaited crypto markets directive.
βͺοΈ Initially scheduled for February 28, the rapporteur in charge of the votes has put them off indefinitely as a leak of amendments that many saw as PoW bans generated public outcry.
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ππΌ @TgBitcoin
BTC ($500) giveaway to all new crypto exchange users!
Here's a detailed β‘οΈ instruction on how to get them.
WARNING! Promo code has a limit on the number of activations, hurry up while it's still activeβοΈππ»
https://telegra.ph/Giveaway-of-500-in-BTC-for-new-users-of-crypto-exchange-02-14
π @TgBitcoin
Here's a detailed β‘οΈ instruction on how to get them.
WARNING! Promo code has a limit on the number of activations, hurry up while it's still activeβοΈππ»
https://telegra.ph/Giveaway-of-500-in-BTC-for-new-users-of-crypto-exchange-02-14
π @TgBitcoin
BTC ($500) giveaway to all new crypto exchange users!
Here's a detailed β‘οΈ instruction on how to get them.
WARNING! Promo code has a limit on the number of activations, hurry up while it's still activeβοΈππ»
https://telegra.ph/Giveaway-of-500-in-BTC-for-new-users-of-crypto-exchange-02-14
π @TgBitcoin
Here's a detailed β‘οΈ instruction on how to get them.
WARNING! Promo code has a limit on the number of activations, hurry up while it's still activeβοΈππ»
https://telegra.ph/Giveaway-of-500-in-BTC-for-new-users-of-crypto-exchange-02-14
π @TgBitcoin
Weird situation occurred recently in Russia
Two "FSB officers" robbed a 21-year-old crypto-owner from St. Petersburg β by beating the man, "two men in leather jackets" seized the victim's phone and gained access to the cryptocurrency wallet, from which they withdrew about half a million rubles.
How the criminals found out about the owner of the cryptocurrency and whether he stored it on a centralized exchange β remains unknown.
π @TgBitcoin
Two "FSB officers" robbed a 21-year-old crypto-owner from St. Petersburg β by beating the man, "two men in leather jackets" seized the victim's phone and gained access to the cryptocurrency wallet, from which they withdrew about half a million rubles.
How the criminals found out about the owner of the cryptocurrency and whether he stored it on a centralized exchange β remains unknown.
π @TgBitcoin
Bitcoin collapsed by 8% after the start of military operation in Donbass
On the morning of February 24, bitcoin exchange rate fell to $34.3 thousand.
The largest by capitalization altcoins also dropped sharply over the past 24 hours.
In particular, Ethereum fell 12% to $2,300, Binance Coin saw its price drop 11% to $335 and XRP also plummeted 11% to $0.64.
The value of bitcoin dropped sharply after Russian President Vladimir Putin announced a "military operation" in Donbass.
In a video message, Ukrainian President Vladimir Zelensky said that the country was introducing martial law.
π @TgBitcoin
On the morning of February 24, bitcoin exchange rate fell to $34.3 thousand.
The largest by capitalization altcoins also dropped sharply over the past 24 hours.
In particular, Ethereum fell 12% to $2,300, Binance Coin saw its price drop 11% to $335 and XRP also plummeted 11% to $0.64.
The value of bitcoin dropped sharply after Russian President Vladimir Putin announced a "military operation" in Donbass.
In a video message, Ukrainian President Vladimir Zelensky said that the country was introducing martial law.
π @TgBitcoin
Financial sanctions are easier than ever for Russians to evade. Thank Bitcoin
Following Russia's invasion of Ukraine, it faces a plethora of international sanctions. Cryptocurrency could provide a means of evading them.
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ππΌ @TgBitcoin
Following Russia's invasion of Ukraine, it faces a plethora of international sanctions. Cryptocurrency could provide a means of evading them.
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ππΌ @TgBitcoin
The first city in the world to be heated by Bitcoin mining
North Vancouver's local energy utility company announced it was partnering with MintGreen to create heat for the city using renewable energy and bitcoin mining. β»οΈ
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ππΌ @TgBitcoin
North Vancouver's local energy utility company announced it was partnering with MintGreen to create heat for the city using renewable energy and bitcoin mining. β»οΈ
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ππΌ @TgBitcoin
S&P drawdowns 10% or more mark Bitcoin bottoms
Aug 2015 - $200 BTC
Feb 2018 - $6,000 BTC
Feb 2019 - $3,000 BTC
Mar 2020 - $4,000 BTC
Feb 2022 - $32,000 BTC
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Aug 2015 - $200 BTC
Feb 2018 - $6,000 BTC
Feb 2019 - $3,000 BTC
Mar 2020 - $4,000 BTC
Feb 2022 - $32,000 BTC
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ππΌ @TgBitcoin
Former SEC official: Ripple trial will drag on for years
Former US Securities and Exchange Commission (SEC) official Joseph Hall predicted on the Thinking Crypto podcast the Ripple lawsuit could drag on for more than a year.
According to Hall, do not expect the trial to end in 2022.
The regulator in late 2020 accused Ripple of selling $1.3 billion in unregistered securities under the guise of XRP tokens.
Hall claims the lawsuit won't end anytime soon since the parties are firmly entrenched in their positions and won't take the deal.
Hall himself is backing the XRP token issuer in the regulator's dispute with Ripple.
According to the former official, the situation seems odd because the Ripple network had been operating for years before it was brought to the attention of the SEC and sued.
π @TgBitcoin
Former US Securities and Exchange Commission (SEC) official Joseph Hall predicted on the Thinking Crypto podcast the Ripple lawsuit could drag on for more than a year.
According to Hall, do not expect the trial to end in 2022.
The regulator in late 2020 accused Ripple of selling $1.3 billion in unregistered securities under the guise of XRP tokens.
Hall claims the lawsuit won't end anytime soon since the parties are firmly entrenched in their positions and won't take the deal.
Hall himself is backing the XRP token issuer in the regulator's dispute with Ripple.
According to the former official, the situation seems odd because the Ripple network had been operating for years before it was brought to the attention of the SEC and sued.
π @TgBitcoin
Coinbaseβs Trading Volume Grew 850% in 2021 β With 89 Million Verified Users
The Nasdaq-listed cryptocurrency exchange Coinbase says the number of monthly transacting users on its platform rose to 11.4 million at the end of 2021, which was more than four times the previous year. In addition, Coinbaseβs trading volume grew more than 8.5 times from the previous year, and the number of verified users has risen to 89 million.
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ππΌ @TgBitcoin
The Nasdaq-listed cryptocurrency exchange Coinbase says the number of monthly transacting users on its platform rose to 11.4 million at the end of 2021, which was more than four times the previous year. In addition, Coinbaseβs trading volume grew more than 8.5 times from the previous year, and the number of verified users has risen to 89 million.
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ππΌ @TgBitcoin