News for hackers. Stuff that matters.
Re:Binance Acquires FTX by gowings97 on Tuesday November 08, 2022 @02:13PM (#33522989)
The majority of stablecoins are a scam.
Re:Binance Acquires FTX by andirk on Tuesday November 08, 2022 @02:32PM (#33523190)
I earned $1,200 from Gemini's stablecoin GUSD's interest last year. Withdrew the extra and bought some nice pendant lights for my new kitchen.
Re:Binance Acquires FTX by rchaud on Tuesday November 08, 2022 @03:03PM (#33523560)
I understand many did well with Bitconnect too...
Re:Binance Acquires FTX by andirk on Tuesday November 08, 2022 @03:29PM (#33523868)
Not a stablecoin. Bitconnect is my favorite crypto scam so far! It was so obviously a scam, and the bros promoting it were even dumber than that shitcoin.

A lot of crypto projects can appear scammy because a handful of people are working on something and their token goes through the roof then crashes with no wrongdoing on the part of the project. Invest in projects, not coins!

Re:Binance Acquires FTX by yieldcrv on Tuesday November 08, 2022 @02:21PM (#33523090)
Okay, random non sequitur

This isnt a thread about stablecoins

Re:Binance Acquires FTX by colinmhayes on Tuesday November 08, 2022 @03:25PM (#33523817)
FTT is not a stablecoin