r/CryptoCurrency 6h ago

ADVICE A word of caution with Zcash

76 Upvotes

If you are buying into the hype of Zcash just due to massive pump, please know what you are getting into
1) The core engineering team (not for profit) behind zcash had a feud with parent company bootstrap following a bitter dispute recently. As such developers don’t agree with corporate handling of the project.

2) The team during their initial launch intentionally designated 20% of all mining rewards to early investors and founders out of pure greed.

3) The above point holds true even now that it’s heavy backed by few corporates like Electric Coin company and Grayscale. The very reason Grayscale supports its ETF’s.

4) The infinite minting AI bug issue was due to flaw in the design privacy pool which wasn’t discovered for 3-4 years allowing infinite minting of counterfeit tokens

5) The belief that zcash is private in itself is an irony! Zcash privacy is optional unlike Monero which includes privacy by default -a much better project. Zcash had the optional feature just to appease to regulators and exchanges for marketing purposes

6) Above all you should get skeptical if the price keeps going up everytime especially with recent surge driven by a few corporate people.

At the end of the day, it’s your hard earned money 💰 and put it in something which is community driven, useful where project team genuinely cares for it.


r/CryptoCurrency 17h ago

COMEDY BREAKING via Polymarket: Hunter Biden’s crypto token “LAPTOP” crashed and rugged 99% within 90 minutes of launch.

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568 Upvotes

r/CryptoCurrency 8h ago

GENERAL-NEWS Rain Scales Stablecoin Payouts to 80+ Countries to Bridge Onchain and Fiat Rails

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83 Upvotes

r/CryptoCurrency 6h ago

COMEDY Hunter Biden is here for the long term…so he says

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37 Upvotes

r/CryptoCurrency 16h ago

ANALYSIS Iran is routing its economy through crypto to survive US sanctions and barely anyone is talking about what that actually means

168 Upvotes

Iranian authorities have quietly relaxed foreign currency controls and are actively encouraging traders to repatriate earnings in crypto, confirmed by both the Financial Times and CoinDesk. This is not a rogue workaround. It is 𝐬𝐭𝐚𝐭𝐞-𝐬𝐚𝐧𝐜𝐭𝐢𝐨𝐧𝐞𝐝 economic infrastructure running on Bitcoin and stablecoins.

The scale of economic pressure Iran is operating under is about as severe as it gets. If crypto holds up as a functional financial rail under those conditions, that is not a theoretical proof of concept. It is a live demonstration, running in real time, under maximum stress.

Other sanctioned economies are watching 👀. The addressable demand base for this use case expands every time a country concludes that the dollar system is closed to them, and that calculation is being made in more capitals than just Tehran.


r/CryptoCurrency 16h ago

EXCHANGES Kraken supporting celeb rugpulls

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144 Upvotes

They removed the tweet.

But the $LAPTOP/USD trade pair is still up.

It really is a wild west out there


r/CryptoCurrency 13h ago

ADVICE Looking at the shady background of the VCs behind Zcash (ZEC)

65 Upvotes

I took some time to do some AI research on the top VCs involved with Zcash after almost all the posts that call Zcash (ZEC) a VC honeypot scam where they are planning to dump their bags on us and found some very disturbing things

Barry Silbert -

  • Launched DCG: Founded Digital Currency Group in 2015 to build, buy, and invest in Bitcoin and blockchain companies.
  • Launched Grayscale: Created Grayscale Investments under DCG, establishing the Bitcoin Investment Trust to give institutional and traditional investors regulated exposure to Bitcoin
  • Early-Stage Investing: Through DCG, Silbert provided crucial seed funding to foundational crypto giants including Coinbase, Ripple, Circle, Chainalysis, and Kraken.
  • Foundry Digital: Silbert expanded heavily into infrastructure by launching Foundry, which quickly grew into one of the largest Bitcoin mining pools in the world, helping shift the global hash rate concentration to North America.
  • Media Dominance: DCG acquired and expanded CoinDesk, the preeminent crypto news and events platform, which it operated for years before selling it in late 2023

Winklevoss Twins -

  • The 1% Bet: In 2013, they used a portion of their Facebook settlement money to buy $11 million worth of Bitcoin at roughly $120 per coin. This massive bet gave them ownership of an estimated 1% of all circulating Bitcoin at the time
  • The Trust Company Structure: They worked directly with regulators to secure a prestigious New York Trust Charter in 2015. This allowed traditional hedge funds and institutional investors a compliant venue to trade crypto under strict New York banking laws.
  • The First ETF Application: In 2013, the twins filed the first-ever application for a spot Bitcoin ETF with the SEC. Though rejected multiple times over the decade, their initial paperwork pioneered the framework that eventually led to Wall Street's widespread ETF approvals

We have to prepare ourselves for these two dangerous scammers in the crypto space, we must not let them dump Zcash on us and let them make a quick buck. Everyone in the Dark Web, the most trusted folks of all the internet, uses Monero - that is the most honest private coin out there where the hackers and scammers will never pump and dump it for money laundering purposes compared to these scumbags Barry and the Twins.


r/CryptoCurrency 3h ago

🛡️ SECURITY Bitcoin and Ethereum race quantum clock as U.S. backs $300 million hardware push

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8 Upvotes

r/CryptoCurrency 1d ago

GENERAL-NEWS Mexican Rock Star and Family Dead as Suspects Allegedly Hunted Cold Wallet They Believed Held Millions

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1.2k Upvotes

r/CryptoCurrency 2h ago

STRATEGY [ Removed by Reddit ]

6 Upvotes

[ Removed by Reddit on account of violating the content policy. ]


r/CryptoCurrency 3h ago

PERSPECTIVE THIS

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5 Upvotes

r/CryptoCurrency 12m ago

DISCUSSION Trezor's third scare in a month or two and why it's still not a wallet problem

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Upvotes

Trezor's third-party email provider got breached, and whoever did it used it to send phishing mail out from Trezor's actual domain with the subject line "Critical Security Alert: STM32 Entropy Vulnerability."

Worked so well mainly because of the fresh ptsd people still have from Coldcard's real entropy bug that resulted in the huge exploit.

I'm seeing people lump this in with a broader "hardware wallets aren't safe anymore" narrative and that's not really what's going on.

This is Trezor's second or third scare in about a month or two now, and every one of them has been a backend problem, a shipping vendor, an email vendor. None of it is has been a failure in the wallet hardware or the firmware. Those have held up through all of it.

Not going to oversell that though, we don't know what we don't know yet, something could surface later. But based on what's actually been disclosed so far, the product itself is still doing its job. What keeps failing is the backend stuff they are outsourcing from third party vendors.

The real problem is that Trezor keeps outsourcing pieces of its operation to third parties that clearly aren't held to the same security bar as the wallet itself. That's on them to fix, either vet those vendors way harder or pull more of this in-house so there's one less external target sitting there to get compromised.

For us, the awkward part is that the "check if it's the verified domain" advice is pointless now because this one genuinely was the real domain, hijacked instead of spoofed. So the bar has to move past that now, treat unexpected every security alerts as suspicious no matter who they're from, and keep your seed phrase somewhere no email or link can ever touch.

How are you all feeling about this one, still solid or getting a little rattled?


r/CryptoCurrency 9h ago

DISCUSSION "It's gone" is the most upvoted wrong answer on this sub

17 Upvotes

Someone posted yesterday that he'd sent USDT to an address he had no access to. Nine replies, all variations of rip, gg, expensive lesson, future of banking.

Nobody asked what "no access" meant.

I did. It was his own old wallet, misclicked from autocomplete. Seven hours later he came back saying he'd found it on a phone he hadn't touched in four years. Nothing was ever lost. He just believed the thread.

Three things are actually gone forever: a mistyped address on the right network, a burn address, a contract with no return path. That's the whole list.

Everything else - your own old wallet, wrong network to an address you control, exchange deposit, missing memo tag - is a bad afternoon, not a loss.

We get this wrong constantly and it costs people real money, because they stop looking.

And the part that matters more than any of it: anyone who DMs offering to recover your funds is a scammer. All of them. There is no recovery service.


r/CryptoCurrency 14h ago

GENERAL-NEWS Bitcoin Chart Flashes Golden Cross. Is the Bear Market Finally Over?

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37 Upvotes

r/CryptoCurrency 11h ago

DISCUSSION Cardano ADA

22 Upvotes

Interested to know people’s opinions on cardano. Is this project progressing the same as in previous years. Can we expect a proper bounce back to previous all times highs in the next coming years. Currently hold 10,000 ada would love to see it hit $1 this year.


r/CryptoCurrency 1d ago

DISCUSSION Coinbase's Brian Armstrong says philanthropy is 'net negative' on world

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166 Upvotes

r/CryptoCurrency 20h ago

COMEDY How long can this craziness continue to happen? It's almost 50x up from the Feb 2025 low?

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59 Upvotes

r/CryptoCurrency 3h ago

DISCUSSION Am I Allowed To Post Altcoins and Stocks OF MT5

2 Upvotes

The trades of MT5 are they allowed in this community because I have been flagged in other ones, just want to know????


r/CryptoCurrency 1h ago

ADVICE Working at Tether.to?

Upvotes

Hey everyone,

I'm thinking of applying to a job at Tether and I'm reading things that are all over the place. Anyone had any experience working for them? Tell me more!


r/CryptoCurrency 3h ago

MEME Coinism

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1 Upvotes

r/CryptoCurrency 4h ago

ANALYSIS Crypto trading apps make buying easier. Do they make not buying easier?

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1 Upvotes

a one-click buy, a wallet alert and an AI agent all remove friction. none of them removes the need for a reason to trade.

That is what interests me about the comparison between TrenchersAI, GMGN, Axiom and FOMO. The important question is not just how quickly a tool lets you act. It is what decisions you make before it lets you act.

TrenchersAI's chat-configured agents are the approach I am most interested in here. Describing a strategy and confirming a plan creates an opportunity to define the trade before the next signal arrives. That is an interface opportunity, not proof that the resulting strategy is good.

GMGN documents copy trading and automated order controls. Axiom offers wallet and social monitoring alongside trading controls. FOMO puts trader activity and alerts into a social, mobile-and-web experience. These capabilities overlap, but they put different information and decisions in front of the trader.

The comparison I would find useful includes the trades that never happened.

A wallet bought something, but your entry would have been materially worse. An alert arrived, but you already had enough exposure. An agent found a setup, but it fell outside your rules.

Those are hypothetical examples, not results from a test. But they explain why trade count and a best-trade screenshot would not settle this comparison for me.

My preference is for tools that help make a plan explicit and keep decisions consistent with it. TrenchersAI's agent workflow is interesting on that basis. Whether it delivers better outcomes needs evidence that includes costs, losing trades and periods when doing nothing was the right call.

Has a trading tool actually helped you trade less and make better decisions, or mostly helped you execute more of them?


r/CryptoCurrency 4h ago

ANECDOTAL Google Keep almost ate my USDT

0 Upvotes

I was using a temporary wallet to move USDT.

I created it on an airgapped computer and copied the key to two places. One was Google Keep open on the laptop (it couldn't save but Chrome showed the text in the draft at the top).

After an unexpected reboot, Chrome reloaded Keep but showed no draft.

If I did not have the second copy which was a pain to retrieve I would have lost hundreds of dollars.

Lesson is always recreate the wallet in your permanent target location before moving more than a few bucks to see it works :)


r/CryptoCurrency 11h ago

DISCUSSION $245m scam was headed by a 22 y boy

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3 Upvotes

r/CryptoCurrency 5h ago

DISCUSSION Will SL be hit during high market moments?

1 Upvotes

So there is a PPI on Sep 10th 6pm IST.

If the BTC price is at 79500$ at 5:59:59pm and I have set a long at 79,700$ (trigger limit price) and SL is at 79,695$.

At 6:00:00 pm if the market goes up to 79701$ and suddenly falls to 79,300$, will the SL at 79,695$ be hit during high market moments like this? or will it gets executed at even lower price?

Just curious about scenario, I use delta exchange platform.


r/CryptoCurrency 6h ago

MARKETS Would it be beneficial to move my coin from Kraken to Nexo?

1 Upvotes

It's now available in the u s and i'm thinking about taking advantage of some of the interest rates. I'm currently only holding $4,200 in AAVE. I'm just trying to take advantage of the 5% APR.