You Want $1K XRP? You’ll Need Iron Nerves — Or ‘Mental Illness’, Analyst Says
A pro-XRP software developer sparked fresh debate this week by saying it takes “serious conviction” to hold volatile coins like XRP through long, wild swings. Related Reading: Bitcoin Whale Goes Big — $255M Longs Opened Before Trump–China Summit Vincent Van Code said holding XRP all the way to $1,000 — let alone $10,000 — would take “mental illness.” His comments have drawn attention not just for the blunt wording but for the story they tell about the human side of crypto risk. Holder Psychology Under Stress According to Van Code, the real test begins long before a coin hits big numbers.....
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Mental health is a serious issue that affects the Bitcoin community as much as any other — and should not be stigmatized.
A shortage of mental health services in the future could be solved with a Web3-powered mental health support network, suggests academics. Decentralized mental health services could be the answer to the looming shortage of mental health professionals, according to professors from John Hopkins University based in Baltimore.Speaking to Cointelegraph, Dr. Johannes Thrul from the John Hopkins School of Mental Health postulated that the mental health support sector could take a page from Decentralized Autonomous Organizations (DAOs) by offering support services in a decentralized system.Dr.....
The Iron Titanium token (TITAN) value has quaked a great deal after the project suffered from what the team called “the world’s first large-scale crypto bank run.” After touching a high of $64 per token on Wednesday, the project slid to near zero and remained worthless on Thursday afternoon. Iron Finance Claims Project Suffered from a ‘Bank Run’ The world of decentralized finance (defi) is exciting but it also comes with major risks stemming from smart contract exploits, flash loans, and alleged bank runs. That was the case for the Iron Finance project, as the....
The Iron Finance stablecoin fiasco caused cries for regulation and shed light on the importance of complete collateralization. The cryptoverse has been overrun with negative events lately. One of the most recent ones was the Iron Finance bank run that occurred on June 16. Iron Finance is a multi-chain, partially collateralized stablecoin protocol with the main goal of providing a dollar-pegged stablecoin to be used for DeFi applications. It was the first large-scale bank run in the cryptocurrency market.Iron Finance’s stablecoin, IRON, is a partially collateralized token soft pegged to the....
The Iron Rail Diner's co-owners Kim Linn and Terry Linn stand next to a "DOGE Coins Accepted Here" sign. You may have heard of The Iron Rail Diner, the diner that has become known in the Dogecoin community for its acceptance and embrace of Dogecoin. The Iron Rail Diner is a diner in Maryland which has graciously accepted Dogecoin, along with Bitcoin and Litecoin. The Diner's co-owner, Terry Linn, is active on the dogecoin subreddit, where he asks for ideas and shares the latest Iron Rail Diner news. Yesterday, Iron Rail hosted a "Dips for Doge" event in which the community's donations paid....