cryptocurrency

Everyone, including you, should withdraw their XMR Monero to their own wallet. Providers like Kraken can switch off the support of XMR Monero, as they have already done in many regions of the world, e.g. the entire European Union!

• Create Your Monero Wallet
• Verify your Kraken account: Make certain that your Kraken account is fully checked out. This includes sending proof of identity and proof of where you live.
• Go to the section that says “Withdrawal”. Find the “Funding” tab at the top of the page after you’ve logged in. Then click on it and choose “Withdraw.”
• Choose XMR as the currency you want to withdraw.
• Add Your Withdrawal Address: Copy&Paste the address of your wallet
• Confirm Your Withdrawal Address by email or with your authenticator app
• Choose how much to withdraw
• Submit your withdrawal request
• it could take a while for the transaction to be confirmed

inspired by How to withdraw XMR from Kraken?-

Bitcoin also won’t put gas in your car or provide medical care for your family. To be clear, I mean this literally. I realize people have made millions and billions speculating in Bitcoin. They can use that money to buy food, gas, and medical care, but the point is that Bitcoin doesn’t actually produce these items or anything else that we directly consume.

That may seem obvious, but this simple point is important to anyone interested in thinking about Bitcoin seriously. If our economy is facing supply constraints, as was the case at times in the recovery from the pandemic recession, Bitcoin will not help address the problem. It does not produce any of the goods and services that people need.

If Bitcoin, or other crypto currencies, sell for high prices, it means that the people who hold these currencies can command more of a limited supply of goods and services. In other words, high priced crypto is a recipe for inflation, in the same way as would be the case if the government just dropped trillions of dollars from the sky for people to grab on the streets and in their backyards.

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Earlier today, in federal court in Brooklyn, Charles O. Parks III, also known as “CP3O,” pleaded guilty to wire fraud for operating a large-scale illegal “cryptojacking” operation. As part of the scheme, Parks defrauded two well-known providers of cloud computing services out of more than $3.5 million worth of computing resources in order to mine cryptocurrency worth nearly $1 million. The proceeding was held before United States Magistrate Judge Cheryl L. Pollak. When sentenced, Parks faces up to 20 years in prison.

Is the advice influencers share about cryptocurrency of real investment value? A new paper suggests that it isn’t.

The city editor of the Financial Times’ popular op-ed section, Alphaville, has apologized for its years of staunchly negative bitcoin (BTC) coverage. As the world’s largest crypto surpassed $100,000 per coin, they took a brief moment to self-reflect.

Pump Science, a so-called “DeSci” game that utilizes memecoin platform Pump Fun, has reportedly had its crypto wallet hijacked and used to create fraudulent tokens, after its private key was left public in the codebase.

The Customs and Border Protection Agency (CBP) is holding certain imports of Antminer ASICs at ports of entry to the United States, Blockspace has learned.

The Fifth Circuit Court of Appeals determined that the Office of Foreign Assets Control (OFAC) exceeded its authority by adding Tornado Cash to its Specially Designated Nationals and Blocked Persons (SDN) List.

Texas’ utility regulator on Thursday adopted a rule requiring cryptocurrency mining facilities connected to the state’s main electric grid to register with the state’s grid operator.

HTX, the crypto exchange advised by controversial figure Justin Sun, recently redeemed 5,182 wrapped bitcoin (WBTC) worth approximately $500 million, according to the official WBTC dashboard.

World Network — previously Worldcoin — is offering anybody willing to pay a $100 deposit the chance to buy and operate one of its controversial eye-scanning orbs — but details behind the financial incentives remain murky.