Don’t Fall For The Biggest Mistake In Bitcoin
Bitcoin is highly technically-secure as a protocol, meaning that there is only one reason why you’d ever lose your coins: human error. As with many things, people are the biggest security vulnerability in Bitcoin and, as we know, humans are far harder to fix than code. Two stories from last month showed how far we are from solving Bitcoin’s security challenge. At the beginning of October, federal prosecutors charged crypto trading platform BitMEX with facilitating unregistered trading violations. Two weeks later, one of the world’s largest crypto-fiat exchanges suspended withdrawals....
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During a discussion published on March 12, 2022, the billionaire entrepreneur and venture capitalist, Peter Thiel discussed how he built Paypal with fellow co-founders Max Levchin, David Sacks, and Luke Nosek. Toward the end of the hour-long conversation, the topic quickly turned to cryptocurrencies and Thiel stressed that his “biggest mistake” during the last ten years “was getting too late and too little into bitcoin.”
Paypal Co-Founder Peter Thiel Reveals the Biggest Mistake He’s Made in the Last Decade
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Peter Schiff has never hidden his distaste for Bitcoin, but his latest comment on X has added a new twist to his long-running feud with the cryptocurrency. The economist, known globally as one of BTC’s most persistent skeptics, admitted that he made a major mistake when he first encountered it more than a decade ago. […]
No one is immune to bad decisions when it comes to crypto investing and Mark Cuban is an example of that. The billionaire recently revealed that he too had made a grave investing mistake that had cost him a lot of money. Cuban opened up to the New York Times in a recent report about […]
Sam Bankman-Fried, founder and former CEO of the now-defunct cryptocurrency exchange FTX, tagged the decision to hand over the firm to a new leader during the bankruptcy saga his “single biggest mistake.” According to the former crypto executive, this move deterred him from saving the company from collapsing at the last minute. ‘I Could […]
NEAR was one of the big movers in today’s trading session, as prices fell by almost 10% on Friday. RUNE and EOS also slipped to end the week, with the latter also dropping by double-digits in the session. Near Protocol (NEAR) NEAR was one of the biggest tokens to fall on Friday, as a red wave swept over cryptocurrency markets to end the week. Following a peak of $17.12 on Thursday, NEAR/USD dropped to a bottom of $15.12 during today’s trading session. As a result of this drop in price, NEAR fell below its recent support level of $15.45, for the first time since the start of....