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    Cryptocurrency Daily Discussion - October 25, 2020 (GMT+0)

    October 25, 2020

    Cryptocurrency Daily Discussion - October 25, 2020 (GMT+0)

    Daily Discussion - October 25, 2020 (GMT+0)

    Posted: 24 Oct 2020 05:11 PM PDT

    Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.

    Disclaimer:

    Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, 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 thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

    Rules:

    • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
    • Discussion topics must be related to cryptocurrency.
    • Comments will be sorted by newest first.

    To see prior Skeptics Discussions, click here.

    submitted by /u/AutoModerator
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    It's fine ��

    Posted: 25 Oct 2020 02:19 AM PDT

    Warning regarding fake ledger email

    Posted: 25 Oct 2020 02:24 AM PDT

    There is a fake email going out claiming to be from ledger regarding malware affected servers that have compromised the ledger live application, the email is very clean with no spelling errors and the email address is practically identical, it is however a .io email whereas ledgers actual emails end in .com

    Just a warning so that hopefully people do not fall for it, do not click the link in the email to download the "newest version" of ledger Live, instead always go direct to ledgers website.

    Edit:Its malware, not mallard, as far as I am aware no ducks are involved.

    submitted by /u/Jake123194
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    Unclaimed Moons Pool. What shall we do with it?

    Posted: 24 Oct 2020 09:09 PM PDT

    So 1st cut off is November 16th and on that date a pool is generated with unclaimed moons. I'm guessing this will be in the millions?

    What happens to this pool?

    Can we get a vote going on what to do with it or have the r/cryptoCurreency overlords already decided?

    My off the top of the head poll below.

    Mods feel free to delete or edit or add to this post and make an official version just wanted to get the conversation started and have this noticed and not lost in the noise of bigger threads.

    View Poll

    submitted by /u/TheGreatCryptopo
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    XRP Moving Approximately $3,000,000,000 in Remittances From US to Mexico, According to Founder of Crypto Exchange Bitso

    Posted: 24 Oct 2020 06:20 PM PDT

    (LIVE) Kevin Hart shouts out Bitcoin, Ethereum and other cryptocurrencies while hosting MDA Telethon

    Posted: 24 Oct 2020 06:39 PM PDT

    Where did NANO go wrong?

    Posted: 24 Oct 2020 08:29 PM PDT

    I just want to understand what exactly is NANO doing or did that stopping it from main stream adoption?

    I have tried it personally for transactions and its mind boggling how fast the transactions are and FREE. like it's literally free?
    isn't that what was the primary goal of Bitcoin to be easy, fast and free/low cost compared to traditional currencies?

    It has zero inflation, which, to me, is the most important thing combined with scalability.

    And yet it's barely holding on to the top 100 coins.

    So my question is if there is some big red flag which am missing or something the market knows that I don't?

    I am genuinely curious and concerned of the future of NANO and would like a healthy discussion about where exactly did nano go wrong. Do you think it can still survive?

    submitted by /u/send_nipples
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    [Phishing Alert] To all Ledger customer

    Posted: 25 Oct 2020 02:21 AM PDT

    [Phishing Alert] To all Ledger customer

    I got this mail: "Your Ledger wallet may be compromised

    Dear Nguyen,

    We regret to inform you that Ledger has experienced a security breach affecting approximately 85,000 of our customers and that the wallet associated with your e-mail address ([cx](mailto:cuongnq@me.com)[xxxx@yyy.com](mailto:xxxx@yyy.com)) is within those affected by the breach.

    Namely, on Saturday, October 24th 2020, our forensics team has found several of the Ledger Live administrative servers to be infected with malware.

    At this moment, it's technically impossible to conclusively assess the severity and the scope of the data breach. Due to these circumstances, we must assume that your cryptocurrency assets are at risk of being stolen.

    If you're receiving this e-mail, it's because you've been affected by the breach. In order to protect your assets, please download the latest version of Ledger Live and follow the instructions to set up a new PIN for your wallet.

    Sincerely,

    Ledger"

    Download link is https://ledgersupport.xxxxx then redirect to other page on image.

    Please report it with me. Of course, this is fake. Be careful.

    Other information:

    Addressing the July 2020 e-commerce and marketing data breach — A Message From Ledger's LeadershipWhat happened

    On the 14th of July 2020, a researcher participating in our bounty program made us aware of a potential data breach on the Ledger website. We immediately fixed this breach after receiving the researcher's report and underwent an internal investigation. A week after patching the breach, we discovered It had been further exploited on the 25th of June 2020, by an unauthorized third party who accessed our e-commerce and marketing database – used to send order confirmations and promotional emails – consisting mostly of email addresses, but with a subset including also contact and order details such as first and last name, postal address, email address and phone number. Your payment information and crypto funds are safe.

    (https://www.ledger.com/addressing-the-july-2020-e-commerce-and-marketing-data-breach)

    https://preview.redd.it/tcd2exf6l7v51.png?width=1172&format=png&auto=webp&s=28c4f4960fa2c4a2721d05636a200b1a298ce068

    https://preview.redd.it/wusifyf6l7v51.png?width=1748&format=png&auto=webp&s=56f46ccc44da935d62d57fe806cb30541eaa897c

    submitted by /u/cuongnq
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    I honestly agree

    Posted: 25 Oct 2020 02:31 AM PDT

    Warning: New scam mail targeting Ledger users! Using your name and email address!

    Posted: 25 Oct 2020 01:44 AM PDT

    There is a new scam email going around from "info@ledgersupport.io" and they have your name! Lot's of users are questioning if this is real on r/ledgerwallet do not trust this email!

    The email:

    Dear 'name',

    We are sorry to inform you that there has been a security breach affecting approximately 85,000 of our customers and that your e-mail address ('email') is within those affected by the breach.

    Namely, on Friday, October 23rd 2020, our forensics team has found several of the Ledger Live administrative servers to be infected with malware.

    In the current state of our knowledge, it is not technically possible to state the exact scope of the data leak. Due to that fact, we must assume that your cryptocurrency assets are at an immediate risk of theft.

    If you've used Ledger Live at any point from November 2019 to the present date, please download the latest version of the client and follow the instructions to set up a new PIN for your wallet.

    Sincerely,

    Ledger

    submitted by /u/Wulkingdead
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    Gold ‘breaking down’ against Bitcoin is highly bullish for BTC — Analyst

    Posted: 24 Oct 2020 08:52 PM PDT

    Central Bank Digital Currencies Are an Extension of the Flaws of Fiat Currencies, They Can’t Compete With Bitcoin

    Posted: 25 Oct 2020 03:04 AM PDT

    With an array of bans, card freezes, and tracking requirements imposed by national governments in opposition to cryptocurrency, regulation is getting stricter. Learning how to deal with it is crucial for the market to develop

    Posted: 25 Oct 2020 01:38 AM PDT

    FBI report on Bitcoin, back in 2012.

    Posted: 25 Oct 2020 03:20 AM PDT

    PSA: Elaborate phishing attempt to Ledger customers have been sent. Do not download Ledger Live From them!

    Posted: 25 Oct 2020 12:58 AM PDT

    PSA: Elaborate phishing attempt to Ledger customers have been sent. Do not download Ledger Live From them!

    Hey.

    I just received an elaborate phishing email which looks very real from Ledger, with my real name and email, most likely from the actual data breach.

    Do not press any links or especially download a new version of Ledger Live from them!

    ​

    https://preview.redd.it/wglnr9sd67v51.png?width=922&format=png&auto=webp&s=0a14874d6b9abf089ff350e38f1611cac0b0ffb4

    submitted by /u/numsu
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    Corporate disclosure is the only way to get crypto institutionalized

    Posted: 25 Oct 2020 01:27 AM PDT

    How US authorities are using old Anti money laundering tools to crack down on crypto

    Posted: 24 Oct 2020 06:07 PM PDT

    Bitcoin Technicals Suggest Bulls Likely To Target Fresh High above $13.5K

    Posted: 25 Oct 2020 02:17 AM PDT

    Large Bitcoin Holders Just Moved 80,000 BTC; Analysts Grow Cautious

    Posted: 24 Oct 2020 04:42 PM PDT

    IRS Releases Draft 1040 Instructions Adding Clarity To The Infamous Virtual Currency Question

    Posted: 24 Oct 2020 09:44 PM PDT

    Cryptocurrency Which Has Proof Of Burned Fiat Algorythm

    Posted: 25 Oct 2020 02:38 AM PDT

    I've just got an idea. Wouldn't it be awesome if there was a crypto with a PoB (Proof Of Burn) algorythm, and if what's getting burned would be fiat? Just imagine getting value by destroying fiat money. Earning crypto by showing the bankers your middle finger. Lads, this is our sweetest dreams getting real and at the same time also bankers worst nightmares.

    ​

    Since I am not a crypto developer I am kindly asking you to share this idea on social networks, so someone who could realize this idea can see this and implement it.

    ​

    Thank you for your attention and your fight for a better decentralized world!

    submitted by /u/Roy1984
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    Villanova University to Send Private Ethereum Blockchain Into Space to Test Inter-Satellite Communication

    Posted: 25 Oct 2020 02:19 AM PDT

    The Waltonchain sub

    Posted: 24 Oct 2020 11:32 PM PDT

    What on earth happened to this project? The sub should be required viewing for anyone new in the crypto space.

    If you're into an alt, especially a relatively small unknown one, don't get too attached.

    That place is a graveyard of failed tribalism. Fucking sad.

    submitted by /u/Diqiurenminbi
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    There is no Security Breach at Ledger, fake emails being sent to users!

    Posted: 25 Oct 2020 01:39 AM PDT

    “Holy Cow”: Industry Reacts to Bullish Bitcoin Analysis by JP Morgan

    Posted: 25 Oct 2020 01:37 AM PDT
    Read more
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