Dang! That's a lot of red flags indeed.
I wouldn't want to put my hard earned money in the care of someone who has a history of "accidentally" sending their investors asset into the wrong person. 😅
I have less than $1000 on Cronos and Crypto.com wallets combined. I'll let it ride. See what happens. Some of it is a $140 DeFi loan.
If Crypto.com does go down, it simplifies my crypto landscape more. I have mostly decided to shuttle between wallets and exchanges using stablecoin. All I really need is a stablecoin gateway to deposit into Hive.
Most of the this crypto companies are structured badly from a financial perspective. How can your second largest reserve be a meme coin? This is the reason why a massive fluctuations in prices tend to make them insolvent because the value plummets and liquidity is squeezed.
I guess from now before the possible crash happens, many can withdraw their funds and sell the cronos token.
All of the exchanges are dangerous right now and I am sure that people are checking over every single detail they can from the exchanges right now. After all, everyone is scared and they want to make sure there aren't any issues.
I am not really sure that Crypto.com will be the real next and I am also afraid about Gate.io, that potentially have faked the Proof of Reserves at the end of October, thanks to a transfer from Crypto.com.
Besides, Crypto.com logo is already under removal from the ex-Staples Center in Los Angeles, where Lakers and Clippers play their home-matches.
I am going to publish today the content about the Reserves audit from Gate.io
https://twitter.com/1498592204209676289/status/1591750272048861185
The rewards earned on this comment will go directly to the people( @howzat ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
Very soon™
Going down for sure!
Posted Using LeoFinance Beta
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Things are really getting out of hands
Hard timez
Dang! That's a lot of red flags indeed.
I wouldn't want to put my hard earned money in the care of someone who has a history of "accidentally" sending their investors asset into the wrong person. 😅
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If it fall more, I going to buy small cro ... just for fun to see what going to happen in next year.😆
Lol
:))) also if it falls more... you can get there Visa card very low price ;) use this to get it .
Ahan... I didn't know that.
;)
They base the card level on fiat value, not CRO quantity like they used to do.
Posted Using LeoFinance Beta
oh ... so they was know it can go very low .... ok..ok
That actually sounds pretty smart!
Buy a bunch of crypto before they collapse and send it to yourself!
I have less than $1000 on Cronos and Crypto.com wallets combined. I'll let it ride. See what happens. Some of it is a $140 DeFi loan.
If Crypto.com does go down, it simplifies my crypto landscape more. I have mostly decided to shuttle between wallets and exchanges using stablecoin. All I really need is a stablecoin gateway to deposit into Hive.
Posted Using LeoFinance Beta
Most of the this crypto companies are structured badly from a financial perspective. How can your second largest reserve be a meme coin? This is the reason why a massive fluctuations in prices tend to make them insolvent because the value plummets and liquidity is squeezed.
I guess from now before the possible crash happens, many can withdraw their funds and sell the cronos token.
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I just read about this situation and I believe this is the next Domino that is free falling. And is going to have some large repercussions.
Definitely the news of this contributed to the market being down.
Not your keys not your crypto and the criminal negligence on sending ions of $ smells like an inside job.
All of the exchanges are dangerous right now and I am sure that people are checking over every single detail they can from the exchanges right now. After all, everyone is scared and they want to make sure there aren't any issues.
Posted Using LeoFinance Beta
I am not really sure that Crypto.com will be the real next and I am also afraid about Gate.io, that potentially have faked the Proof of Reserves at the end of October, thanks to a transfer from Crypto.com.
Besides, Crypto.com logo is already under removal from the ex-Staples Center in Los Angeles, where Lakers and Clippers play their home-matches.
I am going to publish today the content about the Reserves audit from Gate.io
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https://ecency.com/hive-167922/@mikezillo/is-gate-io-the-next
Here is the article I was anticipating you some information from. Let me know what you think!
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Lol the crypto market is burning.
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