read.cash Log in
@ircrp

@ircrp in July 2021

@ircrp

Assuming we are in a bear market and history is to rhyme, this would be my boring plan for getting back in #CryptoTrading

@ircrp

Binance Deploys Crypto Monitoring 'Traveler' System to Comply With The Financial Action Task Force (FATF) Travel Rule ๐Ÿ“œhttps://news.bitcoin.com/binance-deploys-crypto-monitoring-traveler-system-to-comply-with-fatf-travel-rule/ The FATF Travel Rule comes from a recommendation on international standards on combating money laundering and financing of terrorism & proliferation for financial institutions and crypto companies. It requires collection of personal data onโ€ฆ

@ircrp

Yearn security team discloses an attack vector which could have allowed an attacker to liquidate debt on a leveraged Compound farming strategy leading to significant loss of user funds and opportunity to capture the liquidation fees. The finding of the attack vector comes from a security researcher (xyzaudits) who has been rewarded with the maximum bug bounty reward of $200,000 by Yearn. Source: https://github.com/yearn/yearn-security/blob/master/disclosures/2021-06-29.mdโ€ฆ

@ircrp

Following the post https://noise.cash/post/1x00pnz2 highlighting a vulnerability in ERC-20 Smart Contract of MATIC, there has been a very quick turnaround over the night from the Polygon team (formerly Matic) who have effectively removed the ability to pause their smart contract (the highlighted vulnerability) which has consequently lead to re-assessment by MakerDAO's internal auditor and conclusion that the vulnerability is no longer present. This will most definitely leadโ€ฆ

@ircrp

Demand for transactions on Bitcoin Core blockchain has fallen drastically today. The transaction cost, not so much. #CryptoTrading

@ircrp

In the UK Barclays Bank has started blocking payments to Binance until further notice #CryptoTrading

@ircrp

You never know what will happen with the crypto a Centralized Exchange holds for you, one of the tricks some smaller exchanges use today is to announce (sometimes quietly) delisting of a token and then introduce storage fees. In tough times I would not be surprised to see this happen even on the biggest exchanges. Source: https://twitter.com/cex_io/status/1412058856075583490 #CryptoTrading

@ircrp

Crypto Total market cap loses over 2% within minutes of further China driven FUD #CryptoTrading

@ircrp

Disrupting technologies tend to not be welcomed at first #NoiseCash

@ircrp

Close below $34,000 on BTC today might get the traders using Market Cipher an ugly combo of sell signals #CryptoTrading

@ircrp

At this point almost any stablecoin farming strategy outperforms the monthly gains from a Bank Savings Account within a day #NoiseCash

@ircrp

DXY looking for a breakout

@ircrp

Which stablecoin do you believe is the most decentralized one ?

@ircrp

DXY gets rejected with GBP gaining almost 1% in a day compared to USD

@ircrp

On August 23, 1989 after years of communist oppression, a gathering of a quarter of the population (two million people) from the Baltic States (Latvia, Estonia and Lithuania) has formed a 600 kilometre long human chain to show their hatred of communism, soon later restoring their beloved independences. #NoiseCash

@ircrp

Just received a suspicious letter, appears to be coming from pulsechain.com/hex.com attempting to get me into their sacrifice 'airdrop' shenanigans. I am pretty sure they've got my address from the Ledger data leak and wondering if such practices are even legal #NoiseCash

@ircrp

Alien World's TLM token is doing rather well at the time the total crypto market cap is taking a hit #CryptoTrading

@ircrp

An important security flaw in Apache Tomcat (popular Web Server) has been disclosed to the public, advising administrators to upgrade to newer versions for mitigations. The vulnerability comes from inconsistent interpretation of HTTP Requests (known as Smuggling) which when exploited can have a devastating impact on the business as it can lead to attacker bypassing security controls & gaining unauthorized access to sensitive data. Source:โ€ฆ

@ircrp

There is no software that is perfect since the beginning, and Bitcoin wasn't either. After more than a year of going live Satoshi had to 'roll back' the Bitcoin chain due to a value overflow incident which has granted two addresses over 90 billion of Bitcoins each. The incident in detail: https://en.bitcoinwiki.org/wiki/Value_overflow_incident #NoiseCash

@ircrp

Just noticed that Coinmarketcap has launched Diamond collectibles (something alike Coingecko's candies) which will be exchangeable for Rewards like Hoodies, NFTs & Mystery Boxes in the near future https://coinmarketcap.com/account/my-diamonds/ #NoiseCash

@ircrp

Some suppliers of Crypto ATMs like generalbytes are getting ready for the Financial Action Task Force (FATF) Travel Rule and are starting to propose changes to blockchains at the protocol level which could possibly help their clients stay more compliant in light of the upcoming regulations Source: https://twitter.com/ODELL/status/1416870405323767810/photo/1 Source 2: https://twitter.com/generalbytes/status/1416875410890108929 Slightly more information on the FATF Travel Ruleโ€ฆ

@ircrp

๐Ÿ‘€ noise.cash spotted in the wild #NoiseCash

@ircrp

We are in the third month of testing the previous ATH (2017) of BTC/Gold #CryptoTrading

@ircrp

Participants of the Flare ($FLR) Airdrop are waking up to the news of yet another Airdrop they will be eligible for, with a Songbird ($SGB) once only token distribution just announced for the Canary Network of Flare which will be used for battle testing before Flare Network finally goes live. More info: https://flare.xyz/introducing-songbird/ #NoiseCash

@ircrp

Not every coin which gets listed on Coinbase sees an upside within the first weeks #CryptoTrading

@ircrp

Tesla's bank in Europe has negative interest rates #NoiseCash

@ircrp

Looks like Jack just introduced Ethiopia's flag Emoji next to #ETH hashtags on Twitter #NoiseCash

@ircrp

Thorchain has suffered yet another exploit on its Etherum Router which has resulted in roughly $8 million funds being stolen and $RUNE price falling over 30% overnight. The attacker has left a note that it could've been much worse and decided to limit the damage to merely give a lesson to the team. Source: https://twitter.com/THORChain/status/1418360743523618825 #CryptoTrading

@ircrp

Heads up, if you have received UNIH token into your Etherum Wallet - DO NOT ATTEMPT TO SELL IT ! It will drain ALL YOUR $RUNE tokens. I am attempting to get my head around this issue and will attempt to write an article with the findings, it seems to be the first ever case I've seen where Approving a token on Uniswap V3 can lead to other tokens being automatically transferred out of your wallet (in this case $RUNE) Image source:โ€ฆ

@ircrp

Looking forward to the resurrection of some good old gaming #NoiseCash

@ircrp

Uniswap Labs bows to the regulators in a first ever case of blacklisting tokens shown on its interface. The change essentially blocks trading of 129 tokens including most notably Mirrored & Synthetix Assets (e.g. Mirrored Tesla, Mirrored Microsoft, Synth Netflix, Synth Euros) on uniswap.org app. It is worth to note the change was not introduced on the protocol level (i.e. the decentralized smart contracts), but on the uniswap.org frontend level. Sources: 1)โ€ฆ

@ircrp

Axie Infinity blow off top accompanied by the FOMO is really starting to tempt me into a little Short position #CryptoTrading

@ircrp

It is interesting that virtually all the crypto influencers will not shy to tell you how much they've gained on trading/staking/savings through centralized exchanges and offer you a bonus to join that platform, but never tell you how much they've gained off the referrals #NoiseCash

@ircrp

Some Airdrops are Evil Not every token that makes it into your wallet is there to make you a bit more rich, in fact in some cases quite the opposite. This was literally the case during 23rd of July 2021 when thousands of Etherum Wallet addresses were airdropped... Continue Reading: https://read.cash/@ircrp1/some-airdrops-are-evil-fbece867 #Readcash

@ircrp

On 22nd of July the Bitcoin Embassy Bar in Mexico City hosted a meetup with a friendly competition between Lightning Network and Bitcoin Cash aiming to pass on as many transactions as possible from one person to another. The result of this 2.5 minute competition was as follows: Lightning Network Group: 0 transactions BCH Group: 10 transactions ๐Ÿ“บ https://www.youtube.com/watch?v=VNx-x31rYfc #BitcoinCash

@ircrp

The latest Thorchain exploits have actually motivated me to learn the inner workings of EVM based Smart Contracts, hoping that this is a start of some good journey. Perhaps some day I could contribute a bit in some projects on Smart BCH (which by the way seems to be a week away from mainnet rollout) #NoiseCash

@ircrp

In reality the governments do not really care that the working class can't afford housing as long as there are the rich and investors on leverage propping up the housing market. #NoiseCash

@ircrp

With every week it feels like the downside risk is diminishing for Bitcoin Cash, after all we are about to close the 9th (Heikin-Ashi) weekly candle in the red. I can't promise but I strongly feel there are some green weeks ahead of us #CryptoTrading

@ircrp

EthCC[4] The streets of Dark Forest are paved with gold by Damian Rusinek A presentation from a security researcher with stories how millions of USD were exposed to easy exploitations. ๐Ÿ“บ https://www.youtube.com/watch?v=e_2A9bNgW24 #NoiseCash

@ircrp

TLM volume on Binance has increased significantly in the past two weeks #AlienWorlds

@ircrp

Crypto related problems ๐Ÿ˜… #Memes

@ircrp

Although the Decentralized Exchanges have been attracting big user base recently, they still barely compare to Centralized Exchanges in terms of number of Daily Trades & Trade Volume. Source: https://www.youtube.com/watch?v=MENA37i9RP0 #NoiseCash

@ircrp

One of the phenomenons of most popular Decentralized Exchanges is of the average trade size, which in past months has consistently been orders of magnitude higher to the Centralized Exchanges likely due to factors like high gas fees and front running/bidding wars. Source: https://www.youtube.com/watch?v=MENA37i9RP0 #NoiseCash

@ircrp

Youtube is starting to be notorious with recommending scam ads again in the past days #NoiseCash

@ircrp

A lot of rumours are going around that Amazon is lining up to accept Crypto payments and potentially roll out its own token. #NoiseCash

@ircrp

A cigarette advert back from 1953 attempting to convince people that Chesterfield was the best brand as apparently determined by the Scientist ๐Ÿ˜… #NoiseCash

@ircrp

There is no regulator that knows who Satoshi is and in the long run this is one of the most important things that he/she/them have done for our community. #BitcoinCash

@ircrp

Great to start the week on the green side, lets see where the bounce takes us #CryptoTrading

@ircrp

Almost $1 billion shorts liquidated in past 24 hours #CryptoTrading

@ircrp

Sentiment check: Do you think BCH will close above $570 this month ? #BitcoinCash

@ircrp

Whatever the FED does is not for Main Street, but for Wall Street #NoiseCash

@ircrp

What a great brand #NoiseCash

@ircrp

47.5 million worth of USD has been transferred in BCH for one tenth of a cent #NoiseCash

@ircrp

30 year mortgage rates slumped by 3.5% today #NoiseCash

@ircrp

The happiest day of my life #Memes

@ircrp

Over 5000 people watching gamers play Axie Infinity on Twitch.tv ๐Ÿ˜ฎ #NoiseCash

@ircrp

This is not even funny, but disgusting

@ircrp

French President in Polinesia is being treated like a flower King ๐Ÿ˜… #NoiseCash

@ircrp

Insane how much revenue Axie Infinity generated in past 30 days #NoiseCash

@ircrp

Rumours are that the next Olympics will have a competition in money printing ๐Ÿ˜… #NoiseCash

@ircrp

There appears to be a significant privacy bug explored in Monero's official wallet algorithm which is likely to expose the sender if it is performed within two blocks (~20min each) of receiving Monero. Therefore current advise is to wait at least an hour after receiving Monero, before sending it onward. Source: https://forum.monero.space/d/94-privacy-bug-decoy-selection-algorithm-ignores-very-recent-outputs Related issue: https://github.com/monero-project/monero/issues/7807โ€ฆ

@ircrp

Big changes happening at Binance in regards to withdrawal limits with brand new non KYC accounts being limited to only 0.06 BTC daily withdrawals and the same applying to existing non KYC accounts in a week time #CryptoTrading

@ircrp

According to a May 2020 report by the Federal Reserve over 1 in 5 Americans are unbanked or underbanked #NoiseCash

@ircrp

The biggest pain in the ass for the US Law enforcements is that overseas there are exchanges which do not comply with US regulations on crypto on-ramps and off-ramps, supposedly allowing sanction violators (like Iran who currently is 5th largest country in terms of mining) and criminals to get away with cash. #NoiseCash

@ircrp

While CZ is celebrating a sudden hike of transactions on BSC, the users are increasingly getting fed up with the slow & more costly transactions. #NoiseCash

@ircrp

Looks like the European Union has no shame and is set to go ahead with exempting private jets used for business & pleasure from the jet fuel tax. #NoiseCash

@ircrp

๐Ÿ‘€ BCH Attempting a breakout #CryptoTrading

@ircrp

It has been over two months since we have been in the fear zone in the Crypto Fear & Greed Index. Today is finally a day we have switched to a Neutral sentiment #CryptoTrading

@ircrp

Central Banks fear transparency, hence will never open source all of their code #NoiseCash

@ircrp

Tesla is set to move away from presenting its cars in Shopping Malls due to expenses #NoiseCash

@ircrp

Ladies & Gentlemen I present you the Shadowy Super-Coders the US Senate fears #Cryptocurrency

@ircrp

Value transacted vs Average Fees #CryptoTrading

@ircrp

Do you think the remote working shift is there to stay post pandemic or will it fade ? #NoiseCash

@ircrp

New York City to give out $100 for getting vaccinated ๐Ÿ˜ฎ #NoiseCash

@ircrp

Is there any good website with information about BSC fees ? #CryptoTrading

@ircrp

Wondering if crypto is so volatile in last hour due to Powell speaking #CryptoTrading

@ircrp

One topic that the media in UK fails to highlight is how enormous debt has been accumulated and by who. The British Government debt from 2020 was ยฃ2 trillion The British Banking System debt from 2020 was over $8 trillion, where the top bank HSBC is responsible for $2 trillion debt. Perhaps a good indication who owns the media. Source: https://www.caperata.com/hsbcs-debt-is-now-larger-than-the-uk-public-debt/ #NoiseCash

@ircrp

These days, users of Uniswap pay on average 11% more than necessary to execute a swap transaction and about 18% of them end up failing. Source: https://youtu.be/6MfcZGVeQsQ?t=114 #CryptoTrading

@ircrp

DXY selling off following FED speech, break 92 and we should be off to the races with crypto. Cheers Jerome ! #CryptoTrading

@ircrp

The government of Kazakhstan is launching a Pilot Project which will allow its citizens to buy cryptocurrencies using its FIAT currency through financial institutions and cryptocurrency exchanges registered with AFIC (Astana International Financial Centre) Source: http://www.coindeskkorea.com/news/articleView.html?idxno=74671 #CryptoTrading

@ircrp

A very strong Earthquake of 8.2 magnitude has shaken Alaska peninsula with immediate tsunami warnings prompting evacuation of populated parts of Alaska #NoiseCash

@ircrp

Funding rates starting to turn positive #CryptoTrading

@ircrp

The packs that I looked most forward to when I was a kid #NoiseCash

@ircrp

Market sentiment getting increasingly positive, Smart BCH just around the corner & DXY leaves bulls in disbelief. The time for BCH to shine just couldn't be better #CryptoTrading

@ircrp

BCH Breaking out with huge volume #CryptoTrading

@ircrp

USOIL up 10% in a week, one hell of a V shape recovery there #Trading

@ircrp

Biden urges States to distribute $100 to every newly vaccinated American from his $1.9 Trillion "American Rescue Plan" What about an airdrop to the early adopters Mr President ? ๐Ÿ˜† #NoiseCash

@ircrp

Just received a late night delivery from Tesco due to technical issues, more than half of the ordered water was not available due to shortage. The delivery guy has said we are actually lucky to get any water. #UnitedKingdom

@ircrp

The first days in the HOOD are typically not easy. Robinhood stocks lose almost 9% on the day of listing. #Trading

@ircrp

Holding the $530 zone as a support or even re-testing $515 would be a good sign of further rally ahead for BCH #CryptoTrading

@ircrp

Amazon shares down over 7% in pre-market after the company states they are expecting the sales growth to slow down in next quarters #Trading

@ircrp

Grayscale is not missing out, they know something is coming ๐Ÿ˜Ž #BitcoinCash

@ircrp

MEV (Miner Extractable Value) has become such a hot topic in the past few months that it has became one of the main talking points in US regulations. #NoiseCash

@ircrp

One of the most straight forward explanations I've heard to date about MEV, comes from Felix Leupold presentation on "Gnosis Protocol v2 Fighting the MEV Crisis with Batch Auctions one CoW at a time" and is as follows: "MEV comes from the fact that today in Etherum you have a block with multiple trades on the same token pair and they trade at different prices, and then you have searchers or miners that come in and try to buy the pair at the lowest price and sell it at theโ€ฆ

@ircrp

Consolidation after re-testing the previous breakout area around $515, lets give it some time to play out. #CryptoTrading

@ircrp

Whoops, someone has just exploited little known https://www.levyathan.finance/ smart contract and minted bazillion of their tokens. The attacker has then dumped 3,333,333 & 33,333,333,333 tokens respectively and pocketed over $100,000 in the process. Consequently the price decreased by 99,9966% #CryptoTrading

@ircrp

In the South of Venezuela there appears to be increasing number of people paying using tiny pieces of Gold nuggets, ironically they typically get wrapped and transported in the worthless Venezuelan bolivar bank notes. Video highlighting the practice: https://twitter.com/Naldoxx/status/1420761971440324614 #NoiseCash

@ircrp

So much heat around Binance in past days, yet so little signs of investors being worried #CryptoTrading

@ircrp

Wondering if the upcoming Google services policy change will essentially be game over for most crypto influencers profits from referral links & other related services #NoiseCash

@ircrp

I haven't been so bullish for BCH in quite a while, I think we are in for some ride #CryptoTrading

@ircrp

Patrick Zรผst is likely the first person in the world to focus his Bachelor Thesis on analysing & preventing a subset of MEV (Miner Extractable Value). #NoiseCash

@ircrp

There is no doubt that the biggest wealth transfer is happening right now before our own eyes, while most are distracted enough to not think of the long term consequences #NoiseCash

@ircrp

BCH meets Smart BCH #BitcoinCash

@ircrp

Smart BCH is now live ! Currently there are three nodes from BTC.com, ViaBTC, and Matrixport who joined as the genesis validators of the chain and more will be elected via on chain (BCH) voting in the future. It is capable of handling an astonishing 51,000 transactions per second and the Smart BCH team will soon follow up with instructions how to transfer funds from BCH to Smart BCH via its current simple gateway (aka bridge). For now everything is in very early stages andโ€ฆ

@ircrp

One of the biggest benefits of Smart BCH comparing to other EVM based chains (like Etherum, BSC) is of the built in MEV (Miner Extractable Value) mitigation achieved through pseudorandom transaction reorders. This basically means that when Validators propose a new block containing ordered transactions, the Smart BCH algorithm will reorder the transactions within the proposed block in a pseudo random way to mitigate the problem of front-running, sandwich attacks & other MEVโ€ฆ

@ircrp

๐ŸŽ… ๐Ÿ™ ๐ŸŽ„

@ircrp

Anyone here used SafePal hardware wallet ? Wondering if it is trustworthy and works efficiently with BCH #NoiseCash

@ircrp

My long term plan for navigating the market in case the bears manage to take it over. #CryptoTrading

@ircrp

There are daily trivias on Twitter from Alien Worlds with prizes to be won. Looks like I've been lucky enough to win one of them today, will update as soon as I find out what the prize is ๐Ÿฅณ https://twitter.com/AlienWorlds #AlienWorlds