Tootfinder

A new stablecoin is coming to Europe.
#crypto

Nine major European banks join forces to issue stablecoin
The stablecoin aims to become a trusted European payment standard in the digital ecosystem and is expected to be first issued in the second half of 2026.

"Wintermute reported that the median crypto token price drop was around 54%, and more than 90% of tokens lost more than 10% of their value"
#Crypto is and always was a hungry scam that eats suckers. Don't be a sucker. Don't touch crypto.

Anatomy of a crypto meltdown
October 2025 brought the most dramatic crypto flash crash of all time, but it was only a dress rehearsal for the systemic crisis the industry is building toward.

Wow. I just got my first abandoned/frozen #crypto #wallet #scam call.
He knew my name, obviously had my number, but that shit leaks all the time.
Email address? Dunno mate, you tell me. If you're calling from the excha…

"As trading activity spiked on [#Crypto] exchanges and prices whipsawed, multiple centralized platforms suffered glitches. Binance’s site went completely down at one point, and customers reported unexplained account freezes, unsuccessful trades, and automated protections like stop-losses failing to trigger"
Again, of course. People build crypto exchanges because they want to get ric…

Anatomy of a crypto meltdown
October 2025 brought the most dramatic crypto flash crash of all time, but it was only a dress rehearsal for the systemic crisis the industry is building toward.

"#crypto leverage — whether through borrowing programs, margin trading, or perpetual futures — creates a cycle of risk that can rapidly snowball"
Again, of course. Leverage was one of the main drivers of the great crash of 1929. People then mortgaged their houses to buy stocks; now, to buy #Bitcoin

Anatomy of a crypto meltdown
October 2025 brought the most dramatic crypto flash crash of all time, but it was only a dress rehearsal for the systemic crisis the industry is building toward.

"The Coinwatch #crypto tracking platform accused market makers of 'desert[ing] their responsibility', and #blockchain analyst YQ alleged 'they executed a coordinated withdrawal at the optimal moment to minimize their losses while maximizing subsequent opportunities"
Of cour…

Anatomy of a crypto meltdown
October 2025 brought the most dramatic crypto flash crash of all time, but it was only a dress rehearsal for the systemic crisis the industry is building toward.

It's been a while since I've last used #crypto (and by that I don't mean coins but oldschool #cryptography : encrypting and signing mails, etc.), and lately I've only used #gpg …

#crypto has 3 pluralities, each with less security guarantees and more caveats:
1. encrypt-to-self (like passwords, data-at-rest)
2. encrypt-to-someone-else (like p2p messaging)
3. encrypt-to-a-group (group messaging)
and bonus 1 "encrypt"-to-everyone (plaintext) :)

"Some have accused centralized [#Crypto] exchanges of minimizing their own losses at their customers’ expense by intentionally halting trading or withdrawals under the guise of 'technical difficulties'. Indeed, it is suspiciously common for supposedly highly sophisticated centralized exchanges to suddenly experience glitches or announce urgent 'maintenance' under far less volat…

Anatomy of a crypto meltdown
October 2025 brought the most dramatic crypto flash crash of all time, but it was only a dress rehearsal for the systemic crisis the industry is building toward.

OH JESUS FUCKING CHRIST.. COME. ON.
We literally don't deserve to survive this extinction level event we're making for ourselves.
#crypto #cryptocurrency

oh stop whining about how #cryptocurrency is a #fraud, its #fake, its a #ponzi scheme. Ill have you know crypto is _perfectly_ safe and _com…

web3 is going just great (@web3isgreat@indieweb.social)
Attached: 1 image Paxos accidentally mints more than twice the global GDP in PayPal stablecoins October 15, 2025 https://www.web3isgoinggreat.com/?id=paxos-accidental-mint