cryptosopher
@cryptomav.bsky.social
Experience: Lost $20K of crypto and NFT 😭
Mission: Helping crypto beginners avoid painful losses by sharing basics and tips
Mission: Helping crypto beginners avoid painful losses by sharing basics and tips
ETH broke new heights and thus you shouldn't be buying it now unless you adopt the same investment philosophy as Michael Saylor is for BTC.
When you go long term, it's always DCA buy.
When you go long term, it's always DCA buy.
August 25, 2025 at 5:00 PM
ETH broke new heights and thus you shouldn't be buying it now unless you adopt the same investment philosophy as Michael Saylor is for BTC.
When you go long term, it's always DCA buy.
When you go long term, it's always DCA buy.
BEWARE.
Especially for those who are trying to transfer your assets out of Tokenize Xchange into Gemini. You want to keep an eye and go for more established CEX. Once bitten twice shy - you don't want to jump from one frying pan into mala hot pot.
Especially for those who are trying to transfer your assets out of Tokenize Xchange into Gemini. You want to keep an eye and go for more established CEX. Once bitten twice shy - you don't want to jump from one frying pan into mala hot pot.
Winklevoss twins' Gemini reveals lower revenue and wider loss in US IPO filing
Gemini’s revenue fell and losses widened in the first half of 2025, the cryptocurrency exchange said in a U.S. IPO filing, joining a wave of digital-asset firms seeking to tap public markets.
www.reuters.com
August 16, 2025 at 2:58 PM
BEWARE.
Especially for those who are trying to transfer your assets out of Tokenize Xchange into Gemini. You want to keep an eye and go for more established CEX. Once bitten twice shy - you don't want to jump from one frying pan into mala hot pot.
Especially for those who are trying to transfer your assets out of Tokenize Xchange into Gemini. You want to keep an eye and go for more established CEX. Once bitten twice shy - you don't want to jump from one frying pan into mala hot pot.
This feels FTX-y despite BTCC being around for over a decade. Question is. Can't an exchange woo its audience via brick and mortar proposition. No diss to Jaren but he is not even known for crypto. BTCC may be using its own funds for this marketing. The question - is there really such a need.
Crypto exchange BTCC signs NBA star Jaren Jackson Jr as Brand Ambassador
BTCC’s first-ever sports sponsorship, the partnership marks a step in BTCC’s efforts to bring crypto closer to mainstream audiences.
fxnewsgroup.com
August 13, 2025 at 3:09 PM
This feels FTX-y despite BTCC being around for over a decade. Question is. Can't an exchange woo its audience via brick and mortar proposition. No diss to Jaren but he is not even known for crypto. BTCC may be using its own funds for this marketing. The question - is there really such a need.
Every crypto needs an USP. For ADA, their smart contract is geared for payroll. You can model it for bonuses. For example, - “If employee completes milestone X, release bonus Y”
The contract can also check ADA/USD via an oracle before fund release, thus ensuring a more stable outcome.
The contract can also check ADA/USD via an oracle before fund release, thus ensuring a more stable outcome.
August 11, 2025 at 12:22 PM
Every crypto needs an USP. For ADA, their smart contract is geared for payroll. You can model it for bonuses. For example, - “If employee completes milestone X, release bonus Y”
The contract can also check ADA/USD via an oracle before fund release, thus ensuring a more stable outcome.
The contract can also check ADA/USD via an oracle before fund release, thus ensuring a more stable outcome.
If you are new to crypto, this is worth looking into to understand what it would be like. As with any investment, never invest with money you cannot afford to lose. In many cases, whether it is a profit or loss depends on speed. HODL is not the strategy for most new cryptos.
Want to Invest 0.1 ETH in LYNO? Here’s How Many Tokens You’ll Get — and What It Could Be Worth in 2025 - Crypto Economy
The DeFi space is wildly abuzz with the new launch of LYNO, an AI-based cross-chain arbitrage protocol that is revolutionizing how traders earn money from
crypto-economy.com
August 11, 2025 at 12:27 AM
If you are new to crypto, this is worth looking into to understand what it would be like. As with any investment, never invest with money you cannot afford to lose. In many cases, whether it is a profit or loss depends on speed. HODL is not the strategy for most new cryptos.
Stable coins are backed by treasuries that are backed by demand for USD.
Cryptocurrency group Ripple buys stablecoin platform in $200mn deal
Investment follows passing of so-called Genius Act to regulate stablecoins in the US
www.ft.com
August 9, 2025 at 12:19 PM
Stable coins are backed by treasuries that are backed by demand for USD.
The Tokenize exchange saga is a mini FTX post 2022.
Not on the same scale but it points to a poignant fact - never let your guard down. Centralized exchanges are riskier because humans (greed, fraud) are involved.
As for DEX, the main risk is the smart contract. Impenetrable until someone does.
Not on the same scale but it points to a poignant fact - never let your guard down. Centralized exchanges are riskier because humans (greed, fraud) are involved.
As for DEX, the main risk is the smart contract. Impenetrable until someone does.
Stomper and mum have thousands stuck in Tokenize Xchange: Police investigating operator
The police are investigating AmazingTech and its related companies, including cryptocurrency trading platform Tokenize Xchange.
www.stomp.sg
August 7, 2025 at 2:38 PM
The Tokenize exchange saga is a mini FTX post 2022.
Not on the same scale but it points to a poignant fact - never let your guard down. Centralized exchanges are riskier because humans (greed, fraud) are involved.
As for DEX, the main risk is the smart contract. Impenetrable until someone does.
Not on the same scale but it points to a poignant fact - never let your guard down. Centralized exchanges are riskier because humans (greed, fraud) are involved.
As for DEX, the main risk is the smart contract. Impenetrable until someone does.
ETHEREUM Top 10 corporate holders.
August 7, 2025 at 7:45 AM
ETHEREUM Top 10 corporate holders.
The era of new money is picking up the pace in both tech and regulation. There is little reason not to learn about crypto. I see this as an irreversible development.
SEC Declares Stablecoins as Cash: XRP and RLUSD Set to Explode
SEC greenlights stablecoins as cash. XRP and RLUSD rise. SEC stablecoins cash ruling boosts adoption and investor confidence.
share.google
August 7, 2025 at 12:59 AM
The era of new money is picking up the pace in both tech and regulation. There is little reason not to learn about crypto. I see this as an irreversible development.
Triv has 3M registered users in Indonesia, out of a population of 283M. Potential 📈
MEXC Ventures Invests in Triv, Indonesia’s Leading Crypto Exchange, at $200 Million Valuation to Accelerate Southeast Asia Expansion - CaptainAltcoin
Victoria, Seychelles, 6th August 2025, Chainwire
captainaltcoin.com
August 6, 2025 at 12:10 PM
Triv has 3M registered users in Indonesia, out of a population of 283M. Potential 📈
Raising the bar for crypto in Singapore. It's definitely not the wild wild west in the island but how would this affect innovative efforts.
I guess only the strongest crypto firms survive. Aka those who can get funding to set up the compliance and legal processes to qualify.
Thoughts? 🤔
I guess only the strongest crypto firms survive. Aka those who can get funding to set up the compliance and legal processes to qualify.
Thoughts? 🤔
CNA Explains: Singapore's tightened crypto licensing rules – 'closing the door' or 'raising the bar'?
Come end-June, unlicensed firms that solely service customers outside Singapore will have to suspend or cease their unregulated activities.
www.channelnewsasia.com
August 5, 2025 at 12:25 AM
Raising the bar for crypto in Singapore. It's definitely not the wild wild west in the island but how would this affect innovative efforts.
I guess only the strongest crypto firms survive. Aka those who can get funding to set up the compliance and legal processes to qualify.
Thoughts? 🤔
I guess only the strongest crypto firms survive. Aka those who can get funding to set up the compliance and legal processes to qualify.
Thoughts? 🤔
The situation at Tokenize doesn't look too good.
Even small amounts withdrawals are taking forever. The level of anxiety for those with bigger portfolios is unimaginable. The 'bright' side is that MAS won't let them off the hook that easily and that probably is the final defence.
Even small amounts withdrawals are taking forever. The level of anxiety for those with bigger portfolios is unimaginable. The 'bright' side is that MAS won't let them off the hook that easily and that probably is the final defence.
August 2, 2025 at 9:28 AM
The situation at Tokenize doesn't look too good.
Even small amounts withdrawals are taking forever. The level of anxiety for those with bigger portfolios is unimaginable. The 'bright' side is that MAS won't let them off the hook that easily and that probably is the final defence.
Even small amounts withdrawals are taking forever. The level of anxiety for those with bigger portfolios is unimaginable. The 'bright' side is that MAS won't let them off the hook that easily and that probably is the final defence.
www.theonlinecitizen.com/2025/08/01/t...
If found true, this would be FTX 2.0 on a smaller scale.
FTX should be a constant reminder to all crypto investors that no matter what they said or claimed to be, the internals of such exchanges is a black box until confronted.
If found true, this would be FTX 2.0 on a smaller scale.
FTX should be a constant reminder to all crypto investors that no matter what they said or claimed to be, the internals of such exchanges is a black box until confronted.
Tokenize Xchange under probe in Singapore as MAS rejects licence, director charged
Singapore’s Tokenize Xchange is under investigation for alleged fraudulent trading. Its operator, AmazingTech, must cease operations after MAS rejected its licence application. Director Hong Qi Yu fac...
www.theonlinecitizen.com
August 2, 2025 at 12:59 AM
www.theonlinecitizen.com/2025/08/01/t...
If found true, this would be FTX 2.0 on a smaller scale.
FTX should be a constant reminder to all crypto investors that no matter what they said or claimed to be, the internals of such exchanges is a black box until confronted.
If found true, this would be FTX 2.0 on a smaller scale.
FTX should be a constant reminder to all crypto investors that no matter what they said or claimed to be, the internals of such exchanges is a black box until confronted.
Crypto is becoming an essential asset class of your portfolio just as stocks became so in the face of bonds decades ago.
Don't have to love it but study the reasons why and make an informed decision, not an emotional one.
Don't have to love it but study the reasons why and make an informed decision, not an emotional one.
August 1, 2025 at 5:24 AM
Crypto is becoming an essential asset class of your portfolio just as stocks became so in the face of bonds decades ago.
Don't have to love it but study the reasons why and make an informed decision, not an emotional one.
Don't have to love it but study the reasons why and make an informed decision, not an emotional one.
USA continues to surge ahead in this crypto race but since crypto is a decentralized asset, what does being the capital mean? I understand it for the US Dollar but crypto?
Probably it means they get to make most of the regulations pertaining to crypto usage.
Probably it means they get to make most of the regulations pertaining to crypto usage.
SEC rolls out 'Project Crypto' to make America the crypto capital of the world
The SEC is launching a commission-wide initiative known as “Project Crypto” to modernize its securities regulation scope. The goal is to establish America as the “crypto capital of the world” per President Trump’s ambition. The U.S. Securities and Exchange Commission (SEC) has announced “Project Crypto,” a new, Commission-wide initiative that is designed to modernize the […]
www.mitrade.com
July 31, 2025 at 11:47 PM
USA continues to surge ahead in this crypto race but since crypto is a decentralized asset, what does being the capital mean? I understand it for the US Dollar but crypto?
Probably it means they get to make most of the regulations pertaining to crypto usage.
Probably it means they get to make most of the regulations pertaining to crypto usage.
With Tokenize withdrawing their operations from Singapore, I set about searching for the next safe harbor. Turns out Gemini got the licence from MAS which wasn't awarded to Tokenize.
July 31, 2025 at 2:19 AM
With Tokenize withdrawing their operations from Singapore, I set about searching for the next safe harbor. Turns out Gemini got the licence from MAS which wasn't awarded to Tokenize.
HODL does not always make 💎, sometimes you get only Carbon. Especially in speculative crypto where recovery is not guaranteed most of the time.
July 30, 2025 at 1:27 AM
HODL does not always make 💎, sometimes you get only Carbon. Especially in speculative crypto where recovery is not guaranteed most of the time.
Bottom line. If you are making some money from crypto, just don't flex it and risk your own life.
Kidnappers are taking people for ransom around the world, but they don't want cash. Instead, they want crypto. Abductions and extortion are a growing concern in the crypto world, with cases rising alongside the price of bitcoin.
Crypto kidnapping: How armed gangs are hunting the internet's high rollers
Kidnapping and extortion are growing concerns in the crypto world, with cases rising alongside the price of bitcoin.
nbcnews.to
July 29, 2025 at 1:03 AM
Bottom line. If you are making some money from crypto, just don't flex it and risk your own life.
Inevitably the world will move into crypto with BTC, ETH and stablecoins as the bedrock. This is the only way to deal with the shortcomings of traditional finance with its sluggish and expensive transactions.
Unless capital can flow efficiently, many projects will not survive. DeFi is the 🔑
Unless capital can flow efficiently, many projects will not survive. DeFi is the 🔑
US Government Puts Stamp of Approval on Key Digital Asset in Historic First Move – Regulation Bitcoin News
SEC Chair confirms first-ever U.S. government stamp of approval on a key digital asset, signaling a breakthrough moment for blockchain adoption in mainstream financial infrastructure.
news.bitcoin.com
July 28, 2025 at 5:01 AM
Inevitably the world will move into crypto with BTC, ETH and stablecoins as the bedrock. This is the only way to deal with the shortcomings of traditional finance with its sluggish and expensive transactions.
Unless capital can flow efficiently, many projects will not survive. DeFi is the 🔑
Unless capital can flow efficiently, many projects will not survive. DeFi is the 🔑
XRP rises on the expectation of ETF inflows. This is becoming an old narrative as more crypto ETFs become available. Ultimately, it takes more than just the presence of spot ETFs.
www.coindesk.com
July 26, 2025 at 4:29 PM
XRP rises on the expectation of ETF inflows. This is becoming an old narrative as more crypto ETFs become available. Ultimately, it takes more than just the presence of spot ETFs.
Hard to understand why Singapore would reject Tokenize. Any insights?
MAS monitoring Tokenize Xchange's progress in returning assets, money to customers
The digital asset exchange said on Jul 20 that it had ceased operations in Singapore.
www.channelnewsasia.com
July 26, 2025 at 4:38 AM
Hard to understand why Singapore would reject Tokenize. Any insights?
In stock trading, there are strategies that lock the maximum loss. However, for crypto where flash crashes happen much more often, traders suffer big risk and loss because of the wild movements of the pricing and worst of all, it can happen anytime 24/7.
New to crypto? Invest rather than trade.
New to crypto? Invest rather than trade.
XRP takes the brunt of crypto selloff as $1bn liquidation flush hits market
XRP fell more than 10%. Ethereum traders weathered $200 million in liquidations in 24 hours. Analysts say this isn’t the end of the 2025 rally.
www.dlnews.com
July 24, 2025 at 2:52 PM
In stock trading, there are strategies that lock the maximum loss. However, for crypto where flash crashes happen much more often, traders suffer big risk and loss because of the wild movements of the pricing and worst of all, it can happen anytime 24/7.
New to crypto? Invest rather than trade.
New to crypto? Invest rather than trade.
If you focus on crypto pricing, you are aiming at the wrong metrics most of the time. It also saps your life away. Understand what Bitcoin is properly and why it matters to the economy at large. Then, invest in Bitcoin via DCA and be down to earth about it. Speculation gets no one nowhere.
July 24, 2025 at 2:44 PM
If you focus on crypto pricing, you are aiming at the wrong metrics most of the time. It also saps your life away. Understand what Bitcoin is properly and why it matters to the economy at large. Then, invest in Bitcoin via DCA and be down to earth about it. Speculation gets no one nowhere.
The one of its kind blockchain in China and it has a clear purpose - to facilitate Belt and Road transactions. With China getting more into the fray, there is gathering momentum for the crypto space.
Chinese blockchain Conflux launching offshore yuan-backed stablecoin
Chinese blockchain firm Conflux debuts Conflux 3.0 alongside a new offshore yuan-backed stablecoin to facilitate Belt and Road transactions.
cointelegraph.com
July 23, 2025 at 9:08 AM
The one of its kind blockchain in China and it has a clear purpose - to facilitate Belt and Road transactions. With China getting more into the fray, there is gathering momentum for the crypto space.
🫣That is how volatile crypto business is. A newly minted license request by MAS is sufficient to rock things up.
Tokenize Xchange to exit Singapore after being denied digital payment token licence
[SINGAPORE] Cryptocurrency exchange Tokenize Xchange will cease its Singapore operations from Sep 30. Read more at The Business Times.
www.businesstimes.com.sg
July 22, 2025 at 1:29 AM
🫣That is how volatile crypto business is. A newly minted license request by MAS is sufficient to rock things up.