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More / Bitcoin Reddit - 2 years ago

USDC & DAI DEPEG? No problem I use BTC.

It's funny (not really) seeing how “cryptocurrencies” baked by centralized company die every year cause their centralized problems. There is a solution, USE BITCOIN. submitted by /u/nextMi [link] [comments]

More / Etherum Reddit - 2 years ago

Indian Bank denied crypto transaction

I tried buying crypto with my card on okx but my bank (indian bank) denied the transaction with no reason. I don't want to but crypto with INR instead I want to convert inr to usd or euro then buy crypto with usd or inr that way it's cheaper...

by COINS NEWS - 2 years ago

My Wallet Has Been Hacked For 270,000 USD - Please Help

I just checked my wallet after not using it for months because of the depeg and have seen my entire wallet of 270,000 USD is gone, transferred 17 days ago. It's all on my ledger which no one can possibly access, I have never typed my words in any...

by COINS NEWS - 2 years ago

Consider your risk profile with USDC currently.

Retail always thinks that it has a clue what's going on, but we don't. A lot of advice here is saying to keep your USDC based on X, Y and Z reasons. Retail always thinks that it has a clue what's going on, but we don't, nor do I. All...

by COINS NEWS - 2 years ago

USDC Depeg / Circle Megathread

USDC / Circle has confirmed that they have exposure to Silicon Valley Bank which failed yesterday. Their exposure is disclosed at $3.3 Bn As a result, USDC has currently depegged and is trading at 90c to a dollar. Circle have suspended USDC USD conv...

by COINS NEWS - 2 years ago

Let's Run the Numbers on DAI - Depegging and Collateral

With USDC and Circle exposure to SVB, I decided earlier today to move my stablecoin positions into DAI. Eight hours later, I kind of wish I had chosen something else, but I think it is worth looking into what happens in different SVB insolvency...

More / Bitcoin Reddit - 2 years ago

Daily Discussion, March 11, 2023

Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank yo...