Daily crypto news update & discussion

Gradually, gradually it is taken shape

2 Likes

A mi parecer el encanto de la criptografía es la no regulación, además que postestad tiene un “país” para regular una cosa que se considera creada del pueblo?

2 Likes

⁠$656M lost from crypto hacks, scams, and rug pulls in H12023: Report

Approximately $215 million of stolen assets have since been recovered.

@Prince-Onscolo our Chief security officer
Please what can you say about this?

2 Likes

the amount of funds recovered is impressive but still need to work harder. These guys are not stopping now. We need to stay alert. Now what is making it difficult is, real projects or let me say trusted projects are also rug pulling and teams using investors money. So crypto is becoming like it’s all about luck. Because you don’t know who will rug pull next or who is using investors money

2 Likes

But i thought to use KuCoin you have to do this mandatory KYC, thats what i know from personal experience with the platform so it doesn’t surprise me at all.

KYC is really needed for CEX, cos its one of the ways we can track down money stolen that ends up on CEX platforms.

2 Likes

Thanks for this Awareness
You have been creating since
Day one.

Yes crypto rugpull has been on
The high side,
You don’t know who is next to
Rugpull you.

Now it a game to be safe while investing

4 Likes

Not just kucoin cex to do kyc
Yes, in addition I believe or understand this to be
Mandatory levels of kyc

Just like mandatory level 3 kyc ( for example)

Yes kyc are very helpful to know who is who
And most especially for transparency sake.
Just like houbi .

1 Like

OK it was available but not compulsory as other Cexs do but now it is compulsory. They have given some time frame. Personally I was using it without KYC but I just did and it is simple

2 Likes

yeah we should always be on alert. Invest what you can afford to lose. One friend of mine lost almost $200k in this Celsius issues. He had a monthly automatic buy on that platform and look at what happened. Now they have promised them 30-35% or so and some other things but whether they will get it or not, only God knows

We should be smart and #klever these days or else we will be poorer than before lol.

May God help us :pray:

4 Likes

Yes, it possible to use it then without complete kyc verification.
And that comes with users limitations, like trading and deposit limits, which some users can still use .

But the mandatory method, will have everyone
With completed kyc verification process

2 Likes

The paranoid of investing what we can afford to lose
Is increasing for me… Maybe to eat some food with it.
.lols.

Talking about getting a refund from a broken cex is something ONLY God knows.

I have similar experiences with One Tron smart contract then called. TRON CHAIN, AND EXPLICITY …( I know @manfred_jr will recalled this).

In NUTSHELL, the had a so called rugpulled.
And the promised us a refund.
Till tomorrow … Nothing of such…
The rest of the team… nowhere to be found…

So it’s a lesson we have to learn.
This both on cex or Dex.

3 Likes

hahahaha “till tomorrow”

Hmmm we pray things turn out right

2 Likes

Lols
My brother, Some of this rugpulled
Claiming refund is not something
We hope on prayer that the refund.

Most refund not possible…

1 Like

I just wanna get in the ring with Andreas Kartrud in an MMA settings bro, I feel hurt about my lost investments in TronChain.

1 Like

Hmmm. Guess I’m in the same ring too.

Maybe it will be 2 on 1 match…
No DISQUALIFICATION Match.

We have been promised refund.

Just check their Telegram page.
It has been set to auto delete.

At some point u stopped hoping and realized I ( we ) lost all

3 Likes

:joy::joy::joy::joy::joy: oh but in the case of Celsius, another company is now operating it.

To be frank I have little faith in that tho

3 Likes

Well, let see how the will go about customer trust and refund…

Having faith on them … well not as a faith Financial adviser.

2 Likes

JUST IN: Elon Musk says unverified Twitter users will be limited to viewing 300-600 tweets per day.

Lols,. I say bye bye to Twitter addiction.
Now all addiction to this Forum

1 Like

I have never believed any project that says it will refund users after a rugpull because 99% of the time it never happens

3 Likes

Lols
Thanks you bro.
The first question I would asked is

If the promised refund…
Why then did they go on rugpull?

1 Like