I’m probably just nerding out but I’m actually really excited about this. Algorithmic traders used to rely on third-party libraries to interact with the Binance API. Well, Binance just rolled out a massive Library that covers pretty much everything from Spot trading to Loans as well as Staking and NFTs. Read more…
The phrase “If crypto is reliant on Binance to survive, then it is neither decentralized nor useful” touches upon two important concepts in the world of cryptocurrency: decentralization and utility. Let’s break down this phrase and analyze its implications: Decentralization: Decentralization is a fundamental principle in the world of cryptocurrency Read more…
So for a solo Bitcoin miner, it is needed around 260k kWh of electricity to mine one full Bitcoin. According to coingecko’s research from data taken from globalpetrolprices research, average electricity cost around the world would be $46.2k USD for this amount of electricity used. Meaning that with current prices Read more…
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The markets are digesting the August PMI reports on Thursday, with releases from France, Germany, the eurozone, the UK and the United States.
Welcome to the Daily General Discussion thread. Please read the disclaimer and rules before participating. Disclaimer: Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open Read more…
https://amycastor.com/2019/05/08/binance-hacked-to-the-tune-of-41-million-but-no-worries-funds-are-safu/ The hackers drained the exchange’s hot wallets, taking 7,000 bitcoin, worth approximately $41 million, in a single transaction. The hack only amounted to 2% of the exchange’s total holdings. Everything else was in its offline cold wallets. The exchange will use its Secure Asset Fund for Users (SAFU) Read more…
Suddenly a lot of twitter accounts and reddit posts in this sub are being posted about Binance, with all rumours and nothing to back up what they’re saying. How dumb do you have to be to fall into this trap? It even seems like many of you are cheering it Read more…
Only four of 10 Salvadorans who downloaded the state-run bitcoin (BTC) wallet Chivo said they still use it after obtaining the $30 bitcoin incentive dangled by President Nayib Bukele’s government, according to a report published by the U.S. National Bureau of Economic Research. “Most users who used Chivo after Read more…
Greetings from the Midwest! Decided to see if there has been any correlation between price of BTC and day of the week for the past year. Apologies for formatting – I’m typing this up on mobile. I took the price of BTC in USD at 11:59 UTC over the date Read more…