c/crypto-news

There's a guy on Telegram selling fake USDT. To prove he's real, he pins a receipt to his channel — an actual transaction, "100,000 USDT, confirmed onchain," with a link you can click and verify. That's the trick. The receipt is real. What he sells you isn't. I clicked the receipt. Mostly to see what a scammer's wallet looks like. It wasn't his wallet. It was a 2-of-3 multisig — the kind of setup a company uses, three keyholders, two signatures to move anything. Weird thing for a Telegram scammer to be touching. So I pulled its history. Fifteen months. $812 million in. $807 million out. I read that twice. The wallet keeps almost nothing. It's not a wallet — it's a doorway, and money only ever walks through it. Somebody went to the trouble of institutional-grade key management to build a doorway. I wanted to know who was feeding it, so I went one step upstream to the wallet pouring money in. Except it wasn't a wallet pouring money in. It was 69,591 of them. Almost seventy thousand addresses, a couple thousand dollars each, all draining into one collector that bundles them and sweeps the total forward in $900,000 gulps. That's not customers. That's a funnel. And if each of those is a payment, a lot of them are people who got the exact scam I started from. At this point I'm just following the water downhill, and downhill is the cash-out. The money fans out and lands in a handful of addresses. Arkham has labels on three of them. OKX. Kraken. Binance. I want to be careful here, because it matters: those exchange labels come from Arkham, not the exchanges, and I'm not saying anyone at those companies knew anything. B ut the path is there. Every hop, every hash, on a public ledger, sitting in the open the whole time — the same open ledger those exchanges are legally required to watch. I opened a scammer's receipt because I was curious what was behind it. What was behind it was seventy thousand victims, a doorway nobody owns, and a clean exit through three of the biggest companies in crypto. All of it, every address: https://bitquery.io/investigations/812m-ghost-wallet-nobody-flagged submitted by /u/buddies2705 [link] [Kommentare]

Keep seeing two completely different takes on the 0 cost basis 1099-DA thing and honestly can't tell which is right. Some people treat it like a non-event, you just attach your real basis and move on. Then there's a steady stream of posts with CP2000 notices for gains they never made, saying it wrecked their spring. Not in the US myself so I'm just trying to get the actual shape of it before I assume it's as bad as it looks. For anyone who's already had a notice or a 1099-DA that was obviously wrong, which was it for you, annoying but fixable or an actual nightmare to unwind. submitted by /u/Educational_Cable405 [link] [Kommentare]

I've been following crypto for a while, but it still feels like there are major barriers to everyday cryptocurrency payments. Between volatility and pricing concerns, payment speed and fees, and the overall crypto wallet usability experience, paying with crypto often feels less convenient than traditional options. On top of that merchant adoption is still limited, and regulatory compliance requirements can make onboarding and spending more complicated than it needs to be. It seems like improving the user experience for daily spending and creating simpler, compliant access points could go a long way toward making crypto more practical. What do you think is the biggest obstacle preventing crypto from becoming a true everyday payment method? submitted by /u/Quiet-Miracle [link] [Kommentare]

I don’t. I run a boring weekly routine: Hold ETH for conviction. Keep stables for opportunity. That’s the whole game. What’s your Base routine look like? Check mine weekly - https://x.com/henry58290/status/2069986178829263073 submitted by /u/henry58290 [link] [Kommentare]

Over the last year, it feels like stablecoins have gone from being a crypto niche topic to something regulators, banks, and governments are actively paying attention to. They seem to be discussed more as payment infrastructure than as just another crypto product. What do you think is driving this shift? Growing adoption, cross-border payments, competition with traditional systems, or something else? submitted by /u/North-Exchange5899 [link] [Kommentare]

Lately, we've been hearing about the future of EVs, LLMs and AI, global warfare atrocities, data centers, drones, wifi signal being intercepted and used to locate shit, etc. technology is always in the headlines. So.. Where the hell is block-chain and crypto? I believed in this web3 future but the metaverse has essentially died, NFTs have come and gone, and I feel like I haven't read or heard shit about any companies, new advancements, big developments, mergers or acquisitions,....nothing since the ETFs were approved. Tech advancements keep coming and yet, this monumentous train of a development seems to have evaporated before ever leaving the station... Is it me? What is happening in this space? Maybe I just am not being vigilant in my information sourcing or it's being actively suppressed? Tell me the good news, please. submitted by /u/_Pudgybunny [link] [Kommentare]

Remember when Cardano peaked around #3 in 2021 with a market cap close to $90B? It spent roughly 5 years in the top 20 while Charles promised that peer-reviewed research would eventually translate into adoption. Today ADA’s market cap is a fraction of that, and newer chains with actual users and activity have passed it. Years of roadmaps, announcements and delays later. With ADA out of the top 20, Charles can focus on what really matters: gargling Trump’s balls. submitted by /u/badfishbeefcake [link] [Kommentare]

I keep seeing young people in Miami and online flexing Lambos, SVJs, watches, penthouses, crazy trips, and saying it all came from crypto. I know a lot of it is probably fake, rented, inherited money, paid promotions, or straight-up scams. I’m not here asking for some “100x coin,” paid signal group, or random person to DM me with a secret method. I’m trying to understand the real ways people actually make money in crypto. Are people making money from trading? Getting into coins early? Airdrop farming? DeFi? Memecoins? Arbitrage? Building tools? Launching projects? Working for crypto startups? Running communities? Creating content? Marketing? On chain research? Something else? I’m willing to work as hard as I need to, especially this summer because I’m going to have a lot of free time. I don’t want to just gamble and hope. I want to build actual skills, understand the game, and learn what paths are realistic for someone starting now. For people who have actually made money in crypto or worked in the space: What would you recommend learning first? What skills matter the most? What are the biggest traps beginners fall into? What should I avoid completely? Is it still realistic to make serious money in crypto starting now, or is most of the opportunity gone unless you already have money, connections, or an audience? I’m open to brutal honesty. I’d rather hear the truth than get hyped up and lose money. submitted by /u/FlamesFPS [link] [Kommentare]

Obviously crypto is gonna crypto regardless of who’s in power, but there’s no doubt that Trump stifled gains when crypto should have been peaking higher and is doing no favors for it at the moment and the past 1.5 years for that matter. Just senseless actions and empty promises to enrich himself while everything burns. submitted by /u/Gelato_Mulatto [link] [Kommentare]

I’m still here. Not selling unless things really go off the rails, but I just need to vent for a minute because I’m honestly exhausted by this market. I bought SOL in the low $20s, but I also bought ONDO above $2 at the top. I’ve ridden the ups and downs, took some profits here and there, but nothing significant. And now here we are again, supposedly “bottoming.” I’m tired of hearing respected voices like Tom Lee talk about how we’re in the bottoming process, while at the same time watching things like MSTR struggle. The mixed signals are mentally draining. To be clear, this isn’t the kind of struggle where I’m thinking about selling everything and walking away. It’s more the psychological side of it. The bears feel louder, the FUD feels stronger, and the uncertainty seems heavier than it did in previous cycles. I’m not looking for hopium or reassurance. I know everyone in this market deals with these emotions at some point. Just wanted to share where my head is at and see if anyone else is feeling the same. Thanks for listening. 🙏 submitted by /u/NoSleepDad2023 [link] [Kommentare]

let’s raise Wendy’s to $30 at a minimum peeps! submitted by /u/Abject-Ad778 [link] [Kommentare]

Money Money 💰 Money! Wendy’s is going to $100 submitted by /u/Abject-Ad778 [link] [Kommentare]