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This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/Dongerated on 2025-08-05 23:41:49+00:00.

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The original was posted on /r/cryptocurrency by /u/goldyluckinblokchain on 2025-08-05 20:53:53+00:00.

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The original was posted on /r/cryptocurrency by /u/KIG45 on 2025-08-05 19:47:29+00:00.

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The original was posted on /r/cryptocurrency by /u/QuirkyFisherman4611 on 2025-08-05 19:34:13+00:00.


Qubic shills like to use a website (that is related to Qubic, so no credibility at all) to show their "progress" in their 51% attack. Yesterday, this website showed Qubic at close to 50% hashrate, and now at 32%. The army of bots on X are quick to push this narrative as a "proof" that the attack works and Qubic is "just about" to cross the 51% line.

Well, this is all false. Monero is fine.

https://preview.redd.it/ryycy15l69hf1.jpg?width=610&format=pjpg&auto=webp&s=17b9d4456f586d130235b5b1b3ecb91e466861d7

The correct way to calculate Qubic's hashrate is to go on this website and subtract "Hashrate" from "Network Hashrate". This way, we can see the "unknown" hashrate from Qubic, since it does not share its API anymore.Right now, network hashrate is 5.15 GH/s and the pools are reporting 4.57 GH/s. This mean that everyone else, solo miners or unknown pools, AND Qubic, get a maximum of 0.58 GH/s (5.15 - 4.57), which is 11.4% of hashrate (0.58 / 5.15).

https://preview.redd.it/qkdi7p6x69hf1.png?width=723&format=png&auto=webp&s=3f6f0179ace693e82a54de3df7d19512cb4cf3ed

By using this correct way of calculating the hashrate, Qubic never went over 25% yesterday and even then it couldn't sustain this hashrate for more than a couple of minutes.

Qubic mined only 160 of the last 1000 blocks, an average of 16%. We are far, really really far from a 51% attack.

https://preview.redd.it/td7d2mgoi9hf1.png?width=734&format=png&auto=webp&s=3ab3287e1fd4501cf34d9a2fdb60a0c15f76af4b

So, yes, it seems those who said it was a pump and dump scheme based on propaganda more than reality were right.

Qubic failed miserably. But it helped to convince Monero lovers how important it is to mine and how easy it is.

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This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/CriticalCobraz on 2025-08-05 18:12:18+00:00.


The Cardano community has approved a proposal to spend $71 million from the treasury to fund network upgrades. The proposal, submitted by Input Output Global (IOG), aims to improve scalability, developer experience, and interoperability over the next 12 months.

Key projects include:

  • Hydra for fast, low-cost transactions
  • Ouroboros Leios a blockchain algorithm designed to increase throughput while maintaining security properties
  • Project Acropolis for easier onboarding of new developers

The proposal drew concerns from the community regarding costs, transparency, and accountability. To address these concerns, IOG will publish monthly updates, engineering timesheets, and quarterly budget breakdowns. Payments will be milestone-based, with oversight via smart contracts and a dedicated committee.

Timeline and Milestones

  • 12-month development plan
  • Payments will be released as upgrades are delivered
  • Monthly updates, engineering timesheets, and quarterly budget breakdowns will be published by IOG
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This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/002_timmy on 2025-08-05 16:09:35+00:00.

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The original was posted on /r/cryptocurrency by /u/Abdeliq on 2025-08-05 11:03:13+00:00.

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The original was posted on /r/cryptocurrency by /u/Odd-Radio-8500 on 2025-08-05 15:39:59+00:00.

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The original was posted on /r/cryptocurrency by /u/kirtash93 on 2025-08-05 13:45:45+00:00.

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The original was posted on /r/cryptocurrency by /u/DryMyBottom on 2025-08-05 13:17:49+00:00.

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The original was posted on /r/cryptocurrency by /u/Oopsfoxy on 2025-08-05 13:08:46+00:00.


Lately I’m just getting sick of CEXs. Every other day it’s “deposits suspended,” “withdrawals delayed,” or some random kyc pop-up that freezes my account right when the market’s moving. I’m stuck refreshing status pages and praying my funds don’t vanish. One minute everything’s normal, the next you’re locked out with “no ETA” while support ghosts you.

I’m running a grind trading strategy where dozens of tiny scalps stack up over the session, so every extra cent of maker-taker fees or downtime eats straight into my edge. Hidden withdrawal charges, forced conversions into obscure tokens , surprise maintenance windows, they add up faster than any losing trade. What I need now is something genuinely decentralized, and preferably not a gas guzzler on every click. I’m asking for just clean execution, deep liquidity, low slippage on mid-caps, and a transparent fee schedule that won’t rug me after I commit liquidity.

Any DEXs you guys swear by lately?

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The original was posted on /r/cryptocurrency by /u/andix3 on 2025-08-05 10:16:31+00:00.


This post is like a small warning for anyone that wants to do perps trading and saw that MEXC is having 0 fees and are baited by that.

DON'T TOUCH MEXC FUTURES.

Normal futures = casino for the average user.

Mexc futures = rigged casino where you cannot win in the long term at all.

I'm not an expert but I enjoy trading futures once in a while. It's like a side hobby that makes me a few hundreds bucks a month in profit. I became profitable on Gate and Binance and even on Avantisfi (which has quite high fees). But Mexc? Nope.

I applied the same strategies that I've used on Gate and on Binance and I got rekt every single time on Mexc. So I asked myself, how?

Well, when there's a high volatility of a coin - Gate decided to close it's futures option for that coin, compensate the people that got liquidated due to the fluctuation and list it back after a day or two with much less leverage allowed. And that seemed fair to me. you don't have liquidity? Don't allow people to trade above 5x.

Well, what does Mexc does in that case? Mexc has a fair price which they use to liquidate users. Basically, in a case when the price on futures is $1 and the fair price is $1.05 and you have liquidation at $1.05 - you're liquidated. So if you have some good market makers - they can easily pump the price on the spot price so you can liquidate a lot of users.

"Alright anon, you're biased, all the exchanges are doing that" - Yea, that's true. But none of them are as greedy and have such a well designed system for liquidations as Mexc.

And this is how they make a shitton of money. A shitton of money from forced liquidations and things that shouldn't be normal in crypto in 2025.

Closed my account and moving out to Gate, Binance, Avantisfi and Hyperliquid. F**k Mexc.

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The original was posted on /r/cryptocurrency by /u/diwalost on 2025-08-05 06:57:04+00:00.

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The original was posted on /r/cryptocurrency by /u/Realistic_Poetry5800 on 2025-08-05 01:44:47+00:00.

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The original was posted on /r/cryptocurrency by /u/AutoModerator on 2025-08-05 00:01:05+00:00.


Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating.

 

Disclaimer:

Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.

 

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This is an automated archive made by the Lemmit Bot.

The original was posted on /r/cryptocurrency by /u/Realistic_Poetry5800 on 2025-08-05 01:41:36+00:00.

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The original was posted on /r/cryptocurrency by /u/Dongerated on 2025-08-05 01:10:46+00:00.

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The original was posted on /r/cryptocurrency by /u/GreedVault on 2025-08-05 00:43:17+00:00.

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The original was posted on /r/cryptocurrency by /u/Next_Statement6145 on 2025-08-04 21:00:04+00:00.

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The original was posted on /r/cryptocurrency by /u/goldyluckinblokchain on 2025-08-04 20:04:41+00:00.

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The original was posted on /r/cryptocurrency by /u/Quanginni on 2025-08-04 19:42:42+00:00.

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The original was posted on /r/cryptocurrency by /u/DirectionMundane5468 on 2025-08-04 16:24:06+00:00.

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The original was posted on /r/cryptocurrency by /u/Every_Hunt_160 on 2025-08-04 16:54:05+00:00.

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The original was posted on /r/cryptocurrency by /u/KIG45 on 2025-08-04 15:25:39+00:00.

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The original was posted on /r/cryptocurrency by /u/DryMyBottom on 2025-08-04 12:43:17+00:00.

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