Daily: Lightning Network Strikes Pizza! / IOTA Wallets hacked / NVIDIA GPU price gouging

3년 전

Bitcoin scaling is coming ! Users have used the the lightning network to order pizza. 3rd party IOTA seed generators revealed to be scam, leading to wallet hacks.
1:10 Market Analysis
3:00 Lightning Network’s Pizza Day?
4:34 Emptied IOTA Wallets: Hackers Steal Millions Using Malicious Seed Generators
6:24 Shinhan Bank Will Support Cryptocurrency Exchanges
7:05 NVIDIA Tells Retailers To Sell To Gamers, Not Cryptominers As GPU Shortage Causes Extreme Price Gouging

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Thanks for the update. Great update on IOTA and Lightning network.

Security of Wallets is becoming the biggest concern now.. We need to find ways in order to secure our wallet.

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True

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In the case of IOTA it was not a security issue. You can make the securest wallet ever but if people send you the money cause they have no knowledge no security issue can handle that.

Crypto is still at the very beginning and even John Mcafee states it takes a lot of concentration

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This I do agree with. I would say people not educated enough in cryptocurrency and the wallets is the biggest security issue. People are chasing "Lambos" and have no idea that this is about investing in new blockchain technology companies. They will do anything to get rich quick if that means doing weird things in a fishy website and then lose all there money. Afterwards have the nerve to blame these wallets and start calling everything a ponzi scheme. These are also usually the "weak hands" whos see a little bit of red so they panic sell all there coins and take huge loses. Give a man a short pump and he will eat for a day, Teach a man Crypto and he will HODL that shit and the Lambos will come to him.LMAOO!

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Great! HAHA yes exactly, when dealing with this stuff one must differntiate a lot but those people just are not able to do so.

I am sure the most experienced already made mistakes but are able to differntiate between "I made a mistake" and "the company was hacked"

kind of http://www.turnofftheinternet.com/

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I’ve been following Michael since about March, last year. If I’m not mistaken, this is the second Iota hack he’s addressed in that time.

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No I am not talking about michael, he explains it very well and what happend.

You must differntiate between a hack and people thorw money out of the window. All this guy or girl did was : "here is the window - thorw it there" and the people did it. In a cutting edge technology like iota focussing on msm iot this is not forgiven. If it would be a coin focused on userexpierience I would maybe understand it.

Iota was not hacked nor the wallet. I can give you the securest wallet, pin it on your back put chains on it give you the key and tell you not to unlock it. Someone comes along telling you to unlock it and throw your money out of the window, if you do it no lock, no key, no security will help it, if you throw it out of the window it will fall out of the window.

And then you come along and say "your money was stolen"

Well if you throw it out the window I would not say it was stolen

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Dang! If there’s an award for Most Detailed Explanation, you win.

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Well I tryed to explain it in a language so it can be understood as the above is actually common sence in my opinion

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Thank you!

Well waiting for that day when people can easily use cryptocurrency to order pizza.

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Yes, everything starts with Pizza.

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People already order stuff with cryptocurrency. Im waiting for the day i can actually buy stuff with my shitcoins! #paccoin #embercoin #bytecoin #dogecoin lol

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Yah I got dogecoin too and want to get profit from it before these coins go away completely. I think most of these cryptos will vanish once big institutions are officially involved and start using cryptocurrency. So far small investors, retailers are driving price of these crappy coins. FUD and fomo is playing a big role.

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"I have one of the crazies bitcoin stories and it involves two pizzas like this!" (from those annoying Tai Lopez commercials, lol)

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Dash

Hello, you have reached Papa Johns how may we help you?
Hi, I would like to order a large private jet with triple gold plating and extra Lamborghini's.
Would you like any dipping sauce with that sir?
No thanks, just the gold jet and Lamborghini's will be fine.
No problem sir, that will be 10,000 bitcoin.
WHAT... no way I'm HODLing this shit till the end of time!

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Lolz.

The guy who bought the pizza with all those bitcoins must have regretted it

The Iota hack is very concerning to say the least.

For IOTA (and other platforms that uses similar "string" for log-in) one of the main items for user interface that must be improved, is the log-in procedure. It is not practical in the long run to have 100 different 81 characters string saved all over the place and use it on the go. There has to be a better way.

Nice post.. It seems interresting i followed and up voted. Please keep doing your great work @boxmining

NVIDIA beats AMD everywhere except mining :P

great post thanks for sharing mate

Thanks for posting! I found your youtube channel yesterday! I watched a number of great videos. Just wondering if you have asked the founder of binance about adding steem. I know he explained that he doesn't look after adding coins and has a team that looks after that. Just wondering if you had a take on if binance will ever add steem? Also do you know Da Hong Fei account here on steemit?

Good news round up, thanks! I personally do not invest in any cryptos that I cannot store on my hardware wallet.

Hahahahahahaahahah
I love this video. Very good title. Lol

The first trade in cryptocurrency world was 10000 BTC for a piece of pizza.

120M USD for a pizza

You got me on the pizza thing XD

3rd party IOTA seed generators revealed to be scam , guess what im not sursprised

The analogy beetween lightning and starbuck tabs was great!

Amazing how this ecosystem is competing and challenging one another to get the best resulst. How will this all unfold.. there is now no barrier, there is no finish line.

Why is your hair so greasy today?

Pineapple on pizza

Pizza has some very negative connotations for me...

your post is always awesome tho we do not have banks that accept bitcoin and the other crypto currency but i wish to be in china someday to shop with these money

Yea! I've heard before about Problems with IOTA’s hash function as well: Cryptographic vulnerabilities in IOTA

It seems interresting i followed and up voted. Please keep doing your great work

wow nice video
i following your writing
thank you @boxmninig for the good news

So glad I found you here 😊