News for hackers. Stuff that matters.
Re:Mark Cuban loses $870K in hot wallet hack by eastbound on Saturday September 16, 2023 @02:05PM (#37537094)
I’ve transferred a few million dollars with CurrencyFair by now, the transfer across continents has always been less than 24hrs, the notification from my bank arriving before the emitter tells me it’s sent; only 4$ per transaction (so 0.003%) and the rate always within 0.5% of the stock exchange (less than the 2-3% it costs with Bitcoins).

Therefore the point of faster settlement and less burocracy doesn’t stand unless you are selling weapons, which proves that Bitcoin is only useful for criminal schemes.

Re:Mark Cuban loses $870K in hot wallet hack by baby on Sunday September 17, 2023 @07:23AM (#37543834)
State of the art crypto is instant payment, not “less than 24h”. For example, I get paid in crypto sometimes for work, I just get the money directly. The last gig I did in USD was like 2 weeks ago and I still haven’t seen the money in the bank account (altho bill.com has confirmed that it was sent)
Re:Mark Cuban loses $870K in hot wallet hack by eastbound on Sunday September 17, 2023 @08:24AM (#37544314)
But when does it matter?