‣Reddit user says a single wallet on NiceHash controls 51%+ of the hashrate of Dash ‣NiceHash responds: Lease more hash power from us to shore up against a 51% attack ‣You could also shore up with used ASIC miners for a bargain discount these days ‣NiceHash could make it impossible for hashrate buyers to coordinate an attack ‣Or, you could be the next one to join the bank run on your small alt coin and hodl btc Earlier in January on reddit.com/r/Cryptocurrency, a user by the name of /u/Flenst pointed out that Slovenian hash power broker NiceHash is powering over
Canadian-based QuardigaCX says they can’t find their cold storage wallets. In a notice published on its website, the crypto exchange says they have filed an application for protection under the Companies’ Creditors Arrangement Act (CCAA), a Canadian law which deals with bankruptcies in Canada. For the past weeks, we have worked extensively to address our liquidity issues, which include attempting to locate and secure our very significant cryptocurrency reserves held in cold wallets, and that are required to satisfy customer cryptocurrency balances on deposit, as well as sourcing a financial institution to accept the bank drafts that are to be
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By CCN.com: Circle CEO Jeremy Allaire says humanity can’t survive the digital age without crypto because its decentralized nature and resiliency make it indispensable. Allaire made the remarks at the 2019 World Economic Forum in Davos, Switzerland. Allaire says cryptocurrency skeptics are merely that way because they’re unfamiliar with the new technology. ‘Cryptography is Fundamental to the … Continued
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My guess: The financial whales that are making hundreds of times the money they pay for that, by pushing the price down and shaking the weak masses out of their coins.
Just HODL, and keep accumulating. These bearish periods are exactly the best times to buy.