crypt1d

7 ms·

1.
by crypt1d 1y ago
In general I support this but the idea starts to fall apart real quick if your primary place of work is in front of a computer.
2.
Tell HN: A friendly reminder to check your (Gmail) spam folder
2 points by crypt1d 2y ago|2 comments
3.
by crypt1d 2y ago
Paypal does this as well. They'll convert to your card's currency automatically and the option to revert is hidden behind an inconspicuous "See other currency options" prompt
4.
by crypt1d 2y ago
This never would have happened if all these orgs used a blockchain. /sarcasm /but is it really?
5.
BlackRock Launches Its First Tokenized Fund, Buidl, on the Ethereum Network(businesswire.com)
2 points by crypt1d 2y ago|0 comments
6.
by crypt1d 3y ago
Farcaster has been a nice refreshment for me. Currently a lot of developer types are present on the platform and I've seen lots of insightful conversations there.
7.
by crypt1d 3y ago
Tokens are frozen "in-place" pending investigation. It differs from how it works with btc, because the government does not have control of the private keys that manage the addresses in question - so they go to Tether who controls
8.
by crypt1d 3y ago
Neither of those statements is true. Bitcoin seized by US government is often sold off in auctions[1]. Tether seized by the government could also be redeemed for fiat eventually, following due process. [1] - https://www.forbes.co
9.
by crypt1d 3y ago
I spent a good chunk of my youth in the kafana, AMA :) Joking aside, my feelings about it are mixed. I have fond memories of good laughs and parties with friends, but also can't help but notice a lot of black outs and hangovers the day
10.
by crypt1d 3y ago
Not really. SEC investigations are civil, not criminal. They might end up paying a fine, but there is no risk of jail time or anything similar. Also, while I like Kraken as an exchange, its market share is not significant enough for it to m
11.
by crypt1d 3y ago
The rumour about Binance indictment by DoJ has been going around for 1-2 years now. Its one of the last remaining pieces of major news that could have potentially negatively affected the industry. After two years of prosecutions, regulatory
12.
by crypt1d 3y ago
While I can see how it helps clear the bad image of the industry, the two are not directly related. The ETF was/is going to get approved regardless.
13.
by crypt1d 3y ago
Happy to see this whole thing finally coming to an end, its a nice wrap to the dead market we've had for the past 2 years. I'm excited for 2024 in crypto!
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Binance CEO CZ in Discussions to Step Down as Criminal Investigation Ends(forbes.com)
9 points by crypt1d 3y ago|0 comments
15.
US Seeks More Than $4B from Binance to End Criminal Case(bloomberg.com)
123 points by crypt1d 3y ago|56 comments
16.
by crypt1d 3y ago
from what I know, they still have their stake, but they will eventually sell it
17.
by crypt1d 3y ago
Worth a lot. It probably would have been enough to plug the hole from stealing customer funds, if he managed to stay afloat for a few more months. Ah, the irony.
18.
by crypt1d 3y ago
Linkedin is one of those 'necessary evil' services that we all agree to use because everyone else does, but nobody actually likes. While I realise the network effect is hard to break, I look forward to somebody finally disrupting
19.
by crypt1d 3y ago
I am really impressed by what the tailscale folks have been building. I use their product suite regularly and have nothing but good things to say about it. I will be tinkering with this mod as well starting next week ;) keep it up guys!
20.
by crypt1d 3y ago
Wow. I had the same issue in my previous apartment (where I was using the Marcus chair), but I could never figure it out. I just always assumed its a faulty monitor.
21.
by crypt1d 3y ago
We seem to have a arrived at a stage of collective thought in which every action which is not directly confrontational against those that have a different belief system, is seen an acknowledgement of its support. Discussions on any topic ha
22.
by crypt1d 4y ago
Regulated activity here refers to futures and options trading, which was indeed unavailable on Binance for UK residents for a while now. Spot trading is a different story.
23.
by crypt1d 4y ago
I used to wonder this a lot as well. It struck me as odd that a crowd of people with whom I'd often share a lot of the same values and beliefs, would be pretty much point blank against a whole industry that I've been so heavily in
24.
by crypt1d 4y ago
disappointed to see them still selling these with 8gb RAM. More than a dozen chrome tabs and a few discord servers has been enough to crash/significantly slow down my m1 mac mini edit: the ad says up to 24/32GB of ram, but seems l
25.
by crypt1d 4y ago
Its a pretty big leap from "you cannot withdraw this particular stablecoin at the moment, use another one" to "you cannot withdraw your cash". Devil is in the details.
26.
by crypt1d 4y ago
USDC withdrawals have been enabled again, but I don't suppose that's HN front-page worthy as much as the panic inducing titles. https://twitter.com/binance/status/1602708590271385600?s=20&...
27.
by crypt1d 4y ago
I guess we'll have to agree to disagree then. If customers didn't want their USDC deposits converted, they shouldn't have used Binance. Its not a public service company. Same goes for your expectations of custody, they never
28.
by crypt1d 4y ago
Fair question. Although, in practice, I don't think they would buy USDC via BUSD, but use their cash reserves for that. The cash reserves correspond (allegedly) 1:1 to BUSD so they would need to burn equivalent amount of BUSD as well.
29.
by crypt1d 4y ago
> Interesting. Because a lot of people think they're an exchange and use BInance as such. ...that's what I said? > What? Someone trusted Binance to store USDC. The conversions should not have happened. Conversions were annou
30.
by crypt1d 4y ago
Not sure I follow. Why would they mint BUSD if people are withdrawing other coins? BUSD is just USD denominated in tokens on chain, each token represents 1 usd at their bank so they cannot (or rather, should not) mint more than they have in

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