Lots of them are L1s: 14: Sui. Level 1. 23 Aptos: L1 built by the Facebook crypto lead; remember Libra/Diem? Interestingly Libra/Diem was sold to Silvergate which was one of the banks that went under in

It's actually a remarkably simple system The calculation of the gains themselves is a pain though. I can't see crypto going mainstream in the UK unless they get some form of tax simplification.

Happy New Year 2024 one and all!!!

In reverse order... 4: Electric Rabbit: Flip-hop Electric switches and tumbling rabbit 3: Water Whale: Merluna Water and size 2: Grass Raccoon: Guttersnipe Sniping from the grass - always in trouble 1:

I think you can recover anything sent to the wrong address through a manual process but like it says above, that can close that at any time.

I'm also a big fan of game theory in crypto. But I think that in general, approaches which aim to restrict the supply of a coin (such as lock-up periods for coins or incentives to power up) are only useful

Yes, I think this is the right direction. Although it still feels like a competitor for twitter rather than reddit / discord. The latter tend to have communities as the driving force. Then the threads

Tether is a licence to print money. They have mainly cash assets which must be yielding 5% but pay out no interest! Compare that to USDC 4% or HBD 20%. I've really no idea why anyone holds it. There are

There's quite a lot of work going on around self sovereign identity (SSI). I follow cheqd ( as it's part of the cosmos ecosystem and I know there are other projects out there as well in other ecosystems.

I think that Hive should consider its niche. Hive isn't in competition with the big social media sites, like twitter. The rewards pool isn't large enough to be a consideration for celebrities, nor influencers.

I think the price will just continue dropping through the streampay 30 day period. There is too much sell pressure. I am probably just going to harvest each day and sell into stAtom.

Welcome back!

Announcement: "In such a case, Circle, as required by law under stored-value money transmission regulation, will stand behind USDC and cover any shortfall using corporate resources, involving external

That means that the worst has already happened. USDC dumped to $0.92 which would be fair market value even if the whole $3.3b is lost forever. I think a worse scenario is: Circle restarting 1:1 redemptions

From what I've read they invested $80bn in 10 year mortgage-backed securities to generate yield when rates were down at 1.5%. So it sounds like a huge asset-liability duration mismatch. Which bit them

Being VC money, it is possible many simply had balances that exceed that level. It's this. It's where start-ups hold their cash. Something like 90% uninsured. Circle (USDC) is stated as having some deposits

I switched on a power down when the markets started to show some life at the turn of the year. Managed to grab 20% more Hive on this pump but only on a couple of months' worth. I think it's worth it when

UK is the same. Exchanging one crypto for another counts as a disposal for capital gains. Spending crypto counts as a disposal for capital gains. Sending crypto to someone else counts as a disposal for

Yes, I'm slowly scaling back in when I see opportunities through the bear market. But it can be easy to lose half your stack if you go too early!

I meant on the internal market for the swap. Probably should have said trade! I'm not a huge fan of where Hive-Engine has ended up either. Back in the days of "SMTs are coming" it felt like there