Screen capture from the web platform here

Fiwind is one -if not THE- greatest fintech/exchange/neo-bank from Argentina, used daily for traders and other market operators. There is not much info about it yet.

Fiwind official X account tweeted this a moment ago.

"This morning we suffered an attack on a cloud service, for which attackers were able to access our domains, in which they modified the visible messages and designs thereof.

This attack only affected the front end of the websites, all funds are under control.
We are working to return the service to normal."

Users haven't been able to access neither the web platform or the mobile app.

Also, after that statement they published that tweet, the alleged attackers changed the webpage message adding "All users' wallets have been compromised", so people are not really happy or calm about this.

Hello everyone today I found out that I got my country's scholarship for high schoolers which will grant me around 150$ in local currency every month. I was looking to invest 50$ every month into crypto. Honestly this came as a shock to me so I'm asking for some advice from the more experienced folk out here. My biggest questions are: what exchange should I use, should I even invest with only 50$/month and even what coin should I invest in and is there something you think I should know before actually spending money? Any help will be much appreciated.

Pardon if this is the wrong place to ask such questions.
Basically, I'm trying to buy some Steam Gift Card codes using USDT but I can't find a trustworthy site anywhere. Or rather I don't know which site is actually trustworthy. After a bit of research, apparently sites like CoinsBee, CoinGate, Ar-Pay etc. are scams. But, I don't know how true they are as only a few people has made such claims and they are years old. I can not find a single result regarding this topic anywhere that's not years old.
Bottom line is, I'm looking for a site where I can buy Steam Gift Cards with Crypto knowing that I won't get scammed and will get the code delivered preferably instantly. The former is more important.
Again, sorry if this isn't the right place to ask such questions!

Imagine someone offers you a 100-unit Monopoly bill in exchange for your phone. Would you accept it? Probably not. But why?

It’s not because the bill is made of paper or because Monopoly is a game - it’s because those 100 units don’t represent anything outside the game. They exist only within the rules of Monopoly. There’s no way to compare them against real-world goods and services because they serve no purpose beyond their ability to be exchanged.

Now, imagine that instead of 100 units, the bill says 500 or even 1,000 units. Would that change anything? No. The number of units is irrelevant if there is no external purpose anchoring them to reality. Without something to compare against, a rational exchange is impossible. If you agreed to the trade, you’d essentially be giving away your phone for free, with the bill merely acting as a marker signifying that.

Cryptocurrency units have the same fundamental problem as the units on the Monopoly bill. What do they represent outside of just being assigned to addresses, signifying that holders of these addresses gave up electricity or another purposeful item? What purpose do they serve beyond mere exchangeability? None. Their entire existence is limited to moving from one market participant to another.

They are stored on blockchains, recorded in digital wallets, and assigned to addresses, but that’s it. Whether an address holds one unit or a million, those units don’t serve any external function and, therefore, don’t create any reference point for comparison against real goods and services.

Unlike Monopoly or cryptocurrency units, fiat currency units have a purpose beyond market exchange, which provides them with an external reference point. They can:

A) Redeem bank loans. Commercial banks put these units into circulation through loans and accept them back to settle those loans. Borrowers use them for this purpose daily.

B) Redeem collateral held by banks. If borrowers default on their loans, banks foreclose on their property - cars, houses, land, etc. As financial institutions, banks cannot keep this property. They are legally required to close the issued but unpaid loans, meaning they must withdraw the units from the market. That’s why they redeem them at auctions for foreclosed property.

C) Redeem government bonds. Central banks put these units into circulation by purchasing government bonds, which is why governments need them to repay those bonds.

These functions create a reference point for currency units. For example, if 10,000 units can save a car from foreclosure, those units have a reference point in the car. If they can save a house, they have a reference point in a house. And because a car and a house have practical uses, like goods and services do, we can compare them to other goods and services. This makes it possible to measure the purchasing power of the units in terms of real-world items.

Since cryptocurrency units serve no purpose outside of being exchanged, there is no reference point to compare them against anything real. This makes them markers, not money.

But markers of what? Markers of participation in schemes where people give away purposeful items for free with the hope that other participants will give them more such items in the future. When you see something like “ETH/USD 3,100,” it is a fake market quote. It is not the price of an asset being exchanged since all assets have purposes outside market exchange. Instead, it represents a participant giving away 3,100 units of a real asset for free and being assigned one digital unit to mark their participation in the scheme. With no external purpose for the unit, the participant is left waiting for another participant to bring them something purposeful, continuing the cycle.

This operation is a classic pyramid-like, participation-driven scheme. The only difference is that instead of hierarchical lists, it uses digital markers to track participants. Since anyone with basic technical knowledge can create such a scheme and write code to track it, we are witnessing an inflation of these marking systems- falsely labeled as cryptocurrencies. The right name would be "cryptomarkers." All schemes tracked by these systems are bound to collapse, as they rely entirely on the continuous influx of new participants contributing purposeful items, with nothing sustaining them beyond that.

I'm currently learning about crypto, and today I'm diving into BIP85.

I understand the concept behind it and how it allows for deterministic generation of multiple independent seed phrases from a single master seed.

However, this raises an important security concern:

Is there any way to verify that the seed phrase given to me during wallet creation is truly random and not derived from a master seed controlled by someone else?

If it were derived, it could potentially be used to access my wallet later.

Current situation of moons is confusing for potential moon buyers.

Price is showing fake volatility jumps just from the price difference on cex/dex.

1. We need a sticky post with a call to boycot all cex that do not allow to deposit and/or withdraw until they solve the issues.

2. Update all pages to confirm Arbitrum One as valid moons. There are still official pages that state that nova is the newest chain! This is confusing for new users and probably blocks buying on camelot. Unknown exchange and sidechain (Arb one) that is not even mentioned in the main sub.

3. Proposal: If mods receive moons for their work, maybe switch to paying them in $ to reduce sell pressure and if they want moons they can buy and turn their payments into buying pressure. How can we pay in $? Create a treasury that gets filled by banner rentals. Make banner rentals x% $ and y% burned moons.

Hello, I have remaining crypto on my 2 wallets that show when I log in to my account with www.genesis-mining.com. It's fractions of BTC and ETH. I had 2 mining contracts dated 7 years ago, that are expired NOW for 5 years.

I would like to have the fractions of ETH and BTC remaining on these wallets transferred to my personal ledger, but I don't know how to do that.

I contacted their customer service by email but they say I entered the 2 wallets addresses myself and that I'm cheating. However, the two wallets addresses I see on my client profile are linked to my client account with my email are MY wallets. I do not type anything, the 2 wallets addresses appear automatically.

Anyone know how I can recover my crypto and have them transferred to my personal ledger? (worth roughly 1500usd today). Thanks