c/crypto-news

This may be a dumb question, but I’m having trouble resolving this. Primarily I’m looking at a Solana gaming project, the gist of it is: - token gates playing said game - the token acts as an in-game economy - in game efforts are rewarded with the token - there’s a gambling mechanic where you use said tokens to get items, half is burned, half is sent to treasury - the token is being openly framed as appreciating with growth This entire game is essentially an unregistered investment contract. Now my issue is, theres a lot of these games being openly developed and being speculated on X. No one is talking about the fact that this is illegal. I couldn’t find a single post reflecting said sentiment on X. Instead, people are speculating on these games and more of them are coming out. Why is this the case? Where is the enforcement? Is there some sort of loophole these games are using? submitted by /u/oneoffv [link] [Kommentare]

I feel we’re close to the tipping point when panic will set in and a sell off will significantly drop the current price point for BTC and ETH. Thoughts? submitted by /u/imeeme [link] [Kommentare]

If you're holding MOON on Arbitrum Nova, this affects you. What happened The Arbitrum DAO passed a proposal to "minimize" Arbitrum Nova. That means Nova isn't being shut down, but it's being moved into a maintenance-only state with reduced infrastructure, slower support, and stricter rate limits. Data availability shifts to Ethereum L1 blobs, and most service-provider contracts get deprecated. The short version: the chain keeps existing, but you should not plan to keep anything important on it. The timeline June 4 – September 2, 2026: 90-day migration window. Everything stays fully operational. This is when you move your tokens. After September 2: Nova drops to a minimized state. Bridging is still possible, but with less support and potentially fewer fast-bridge options available. You can technically still migrate after the deadline (the Arbitrum Canonical Bridge stays accessible through the Arbitrum Portal), but you'll have fewer tools and slower help. Don't wait. How to migrate your MOON There is no direct path to move MOON from Nova to Arbitrum One through the official Arbitrum Portal. You have two routes: Option A: Canonical route (via Ethereum) Move MOON from Arbitrum Nova to Ethereum via the Arbitrum Portal. Wait through the ~7-day challenge/confirmation period, then claim the token on Ethereum. Bridge MOON from Ethereum to Arbitrum One via the Arbitrum Portal. This is the slower route, but it doesn't depend on third-party liquidity. Option B: MoonBridge (direct Nova → One) moonbridge[.]cc bridges MOON directly between Arbitrum Nova and Arbitrum One (it also supports Ethereum and Gnosis). It's a 1:1 token bridge that I made for the CCMOON DAo, not a swap, so there's no price impact or slippage on your MOON. The one thing to watch is destination liquidity. If your transfer is larger than the available liquidity on the destination side, the portion that can't be filled is refunded (the fee on refunds is 1%, same as the 1% fee on fulfilled amounts, plus a relayer fee). For larger holdings, check the destination liquidity shown in the interface and split into smaller transfers if needed. Bottom line Move your MOON during the June 4 – September 2 window while everything still works smoothly. MoonBridge gives you a direct Nova → One path if liquidity covers your size; the canonical route through Ethereum always works but takes 7+ days. The Arbitrum Canonical Bridge will keep working after the window closes, but support and bridging options get thinner once Phase 3 kicks in. Ask questions below. submitted by /u/TimmyXBT [link] [Kommentare]

My boss sent me this post on LinkedIn since he knows I buy Bitcoin. This accuracy seems insane, and he's calling for lower. As someone who does DCA, this seems like a better option, but he only talks with companies. Thoughts? He's thinking of calling him and wants my thoughts, and I've no idea what to say. Update: Post link - www.linkedin.com/in/jackson-osborn submitted by /u/Thiccmas [link] [Kommentare]

After enough cycles you lose track of which exchange or lender blew up when, so I went back and put the major custody failures from 2014 to 2023 into one timeline with the actual figures. Running through them: Mt. Gox (2014): around 850,000 BTC gone. It wasn't a dramatic hack, the coins drained out over years behind balances that were simply faked. Anyone with funds on it saw no repayment until 2024. QuadrigaCX (2018): the CEO died and the company claimed he was the only one who could access the cold wallets, so ~CAD 169M was supposedly stuck. Then the auditors looked, and the wallets had been empty for eight months before he died. The Ontario regulator called it a Ponzi. 2022, the whole cascade: Three Arrows Capital (a hedge fund) over-leveraged itself into the ground and defaulted on the lenders that were funding it with customer deposits. Celsius, Voyager, BlockFi, and Genesis went down behind it inside about eight months. The "earn yield on your crypto" products had been lending those deposits into that leverage the entire time. FTX (2022): roughly $8B hole, customer funds routed to Alameda, SBF got 25 years. One detail worth knowing if you had money there: the estate is repaying creditors over 100%, but in dollars valued at the November 2022 petition date, when BTC was around $16k. It later ran past $90k, so the recovery measured in actual coins is far below what people lost. The annoying part is how little it changes from one to the next. The deposits were never just sitting there, you had no way to verify the custody, and when it broke you were an unsecured creditor in a bankruptcy instead of someone who owned coins. We have to talk about the other side too, because "just self-custody" isn't free advice. You need exchanges to actually buy and sell. Lose your seed phrase and there's no support line and no court to recover it. Some people are genuinely better off with a regulated, insured custodian. Full story: https://www.learnbitcoin.com/rabbit-hole/mt-gox-ftx-graveyard Corrections welcome. submitted by /u/LearnBitcoinCom [link] [Kommentare]

Hello beautiful community! Looks like we are on track from my previous post based off of the 4 year cycle. Try to get organized enough for the inevitable by this early fall. Good luck and remember to be patient! These drops eventually correct back to the upside. Especially after the halving. submitted by /u/jphillips8648 [link] [Kommentare]

The value comes from the manufactured perception of scarcity. You could theoretically trade it directly for goods or services, but nobody ever does. It only ever gets traded for fiat currency. You can really only ever buy them with fiat currency and sell them for fiat currency. Most people don't buy them because they think it's actually useful for anything, they only buy because historically they go up in value and they're pretty sure that'll be true forever. People tell you to buy as much as you can, and never sell because the longer you sit on it, the more it'll be worth someday. The value doesn't come from actually being intrinsically useful or worth anything. They're worth far more than other products of equal or better quality, only because for unknown reasons people have decided that it is. You can make your own at home, but it's very unlikely they'll be worth more than you spent making them. Am I talking about bitcoins or baseball cards? submitted by /u/Asleep_Onion [link] [Kommentare]

The text of the bill comes out on July 4th. Look at today as an example. Right as the US market opens all crypto tanks at the same time. They are trying to scam you. They are trying to scare retail into selling. I think the Clarity act will pass the senate in early July and after that it is a done deal. If you are selling now you are being scammed! Here is Senator Lummis talking about the Clarity act. https://www.youtube.com/watch?v=XnRuMRH60gE submitted by /u/divexpat [link] [Kommentare]