Reddit Posts
Ledger refunds and REGULATION (EC) No 861/2007 - The European Small Claims Procedure
Ledger refunds and REGULATION (EC) No 861/2007 - The European Small Claims Procedure
Ledger refunds and REGULATION (EC) No 861/2007 - The European Small Claims Procedure
Understanding the Timeline of EU Directives for Cryptocurrency Gains
Three reasons why you should hook up your .com domain to ENS
Three reasons why you should hook up your .com domain to ENS
The new crypto Malware spreading via Youtube
Creating a situation to find out how much this sub believes in Bitcoin
The Cryptocurrency Community assembled to defeat a disastrous Proof-of-Work ban in the European Union and it actually worked. An analysis of a successful 72 hour-long campaign by ordinary European citizens and lessons learned for the future.
EU ban on PoW: dropped, but could come back
The current front page post about the European Union's "Proposal for EU Regulation on Markets in Crypto-Assets" does not mention the text banning stablecoin interest.
Loot's ecological token CGLD-will it be the next shib when it goes online?
What's everyone's favorite source for free Crypto? ie: Faucets
Standardized Wallet DNS Records instead of QR codes?
Why BTC will not be everyday currencies.
Mentions
Did you expect otherwise? This is the time when people just want to see the crypto bubble swelling more and more, Monero is a project that can shine only when true adoption will be done. People don't care about privacy when they still have difficulty using cryptos, keeping them safe, and not falling for malicious ads on tiktok. A friend of mine running a discord server for an NFT project tells me almost every day about users asking help for: 1) drained wallets after clicking some ad or after trying to sell fake NFTs they randomly receive 2) lost NFTs due to a "mysterious Burn button" they see in the interface (they lack all the basic knowledge and terminology, yet they click on anything like it's a videogame) 3) lost access to their private wallets because they don't understand the concept of "seed phrase" and they never wrote it down (not to mention the ones who put it in a TXT stored on Google Drive) Let's imagine ourselves in a future where any of that is not a problem anymore, where the hype has cooled off and the market volatility is stable like the stock market one, where the greater slice of people is the one interested in the use cases rather than in finding the next 1000x gem. Now we can talk about Monero utilities, even though I think that after full adoption, governments will do anything to declare Monero illegal or to deal with it like it's the Tor browser of cryptocurrencies.
Seed phrase > Plain TXT file > create 7zip archive of TXT file with password you will never forget (AES256 encryption) > upload to cloud storage. Have a dedicated laptop for interacting with your crypto, not your daily driver. Problem solved.
I would assume it's the same reason people say not to take a picture of your seed, or write it in a TXT file. When your system is compromised, someone else could potentially get a partial key to your coin. Yes, multisig makes it a little trickier, but less secure than some DIY solutions, IMHO.
Not at all true in the EU. The EU just this summer passed it's legislative framework for regulating crypto. This creates a similar regulatory framework for crypto as what exists for traditional markets, creates market harmonization, and an EU wide licensing system (passporting). https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52020PC0593 Meanwhile multiple EU states are year after year asking the EU to cap cash payments. Some EU states internally already have limits on cash payments. This is all done due to money laundering.
If MiCA becomes effective this is irrelevant. Since MiCA is a directive not a regulation, MiCA becomes effective in all EU member states in 2024. https://eur-lex.europa.eu/legal-content/DE/TXT/?uri=CELEX:32023R1114
[https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32023R1114](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:32023R1114) The official document published by the European Parliament regarding regulation of the markets in crypto-assets.
[MiCA](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CONSIL%3APE_54_2022_REV_1&qid=1685761381153) uses the term crypto-assets and gives them their own set of requirements and regulations that are completely different than US security laws. They're not the same. The Howey Test does not apply at all for the EU.
I haven't found any text stating the travel rule in https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52020PC0593, so I don't think it made it into the final law. Feel free to correct me if you find it. The closest parts are requirements for identifying sources of "conflicts of interest" and sources of "risk". There are lots of articles saying a 1K travel rule, but all forms of "1000" (e.g. 1,000, 1 000) aren't in there either.
Because it doesn't exist. Here's the actual text. Can't find it in there. https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52020PC0593 I see a lot of reports about a $1K travel rule, but I don't actually see it in there either.
Paper has no security compared to something that can be password protected, and cannot be backed up. If anyone finds your plaintext paper, your security is gone. Compared to say, an AES256-encrypted 7z container protecting a TXT file containing your seed-phrase. You're only as secure as your password behaviors. If anyone acquires your 7z, they'll be spending a long time attempting to brute force.
EU (just like everywhere) is pushing [crypto regulations](https://digital-strategy.ec.europa.eu/en/policies/regulatory-framework-blockchain) ahead. UK is closing its initial consultation at the [end of the month](https://www.gov.uk/government/news/uk-sets-out-plans-to-regulate-crypto-and-protect-consumers). We should have a a detailed proposal like the EU [MCA](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52020PC0593) within 12 months. My point was mainly due to the tax benefits for the company in Ireland vs UK. PS: Whatever CEX you use, make sure you know what country they are trading out of.
Yeah but, the address database is worse than the actual process. 36gb TXT file. fuck
This is me in Chill mode / Imagine if I were fired-up although, tbh...I may be amped by the scam-artist who TXT'd me (pretending to be my CEO) while I was redditing in the loo. Asking me to buy a bunch of Apple gift cards for an important customer as an appreciation gift. / Hucksters aholes dochebags everywhere you turn. All opting for a quick-easy buck & to screw over as many people as possible / and are proud of it... as if they built a legit business from it. Anyway... thx for the chill pill.
>I think every exchange will be forced to have some sort of proof of transparency by the government. [The European Commission's Regulation of Markets in Crypto-assets (MiCA)](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52020PC0593)
Encrypted notes exist. You can download Standard Notes and put your seed phrase in there. KeepassXC can store encrypted notes. You can make a virtual encrypted drive with VeraCrypt, store a TXT file with your seed phrase in it, then store it on Google Drive, OneDrive, etc. and as long as you made a randomized password 16+ characters long (if you're thinking how do I remember that, get a password manager), no one at Google, Microsoft or any hacker who gains access to their drives are cracking that encryption. You really don't need to do all the extreme crap with metal plates of your seed phrase. Just use encryption software, separate business from pleasure on your electronic devices and understand that there are no hot MILFs in your area, so stop clinking shady links.
I don't think that is particularly true. EU legislation coming in 2024 ([MiCA](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52020PC0593)), to my mind, is a decent balance between stringency to protect investors and leniency to promote innovation. The resulting market confidence in crypto should create a massive surge in adoption/investment. This influx of new money may even outsize the positive effect of btc halving.
Any domain can serve whatever TXT they want, it's exactly as decentralized as domain resolution is. I have my own at \[myusername\].com for example, and you're welcome to check out the TXT records on that domain if you wanna see the monero address I have published. Publicly accessible bitcoin nodes have virtually the same level of centralization. It's true that they don't necessarily require a domain (although practically speaking, few people will use your node without one), but they do still require a globally routable IP address and a server to sync and distribute the data.
A domain with unique TXT is pretty much centralized. A bitcoin node is just a copy of all the other nodes though...
No, it works with DNS TXT records so anyone with a domain can make their own. If TXT records are centralized, bitcoin nodes are be centralized by the same logic because both require globally routable IPs to accept incoming traffic.
But who has the final authority over [uniswap.org](https://uniswap.org) domain, where is that DNSLink TXT record physically stored (whose nameservers), and what if they maliciously change the TXT record or take away the domain? On top of that, how is your browser accessing IPFS? through cloudflare servers?
converted-round\_27\_proposed TXT file: [https://www.converter365.com/download-file/lYHL-N7a12MjX4fHdt6hPt-QHyjM2mDw/converted-round\_27\_proposed.txt](https://www.converter365.com/download-file/lYHL-N7a12MjX4fHdt6hPt-QHyjM2mDw/converted-round_27_proposed.txt) *Available for 24 hours*
[https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32014R0833&from=EN#d1e476-1-1](https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32014R0833&from=EN#d1e476-1-1) ​ >Article 5 It shall be prohibited to directly or indirectly purchase, sell, provide brokering or assistance in the issuance of, or otherwise deal with transferable securities and money-market instruments with a maturity exceeding 90 days, issued after 1 August 2014 by: (a) a major credit institution or other major institution having an explicit mandate to promote competitiveness of the Russian economy, its diversification and encouragement of investment, established in Russia with over 50 % public ownership or control as of 1 August 2014, as listed in Annex III; or (b) a legal person, entity or body established outside the Union whose proprietary rights are owned for more than 50 %by an entity listed in Annex III; or (c) a legal person, entity or body acting on behalf or at the direction of an entity referred to in point (b) of this paragraph or listed in Annex III. ​ [https://ec.europa.eu/info/sites/default/files/business\_economy\_euro/banking\_and\_finance/documents/faqs-sanctions-russia-crypto\_en.pdf](https://ec.europa.eu/info/sites/default/files/business_economy_euro/banking_and_finance/documents/faqs-sanctions-russia-crypto_en.pdf) > Article 5b(2) of Council Regulation (EU) No 833/2014 states that “it shall be prohibited to provide crypto asset wallet, account or custody services to Russian nationals or natural persons residing in Russia, or legal persons, entities or bodies established in Russia, if the total value of crypto assets of the natural or legal person, entity or body per wallet, account or custody provider exceeds EUR 10 000.” Given that the value of crypto-assets can fluctuate enormously, and over a short period of time, how should a service provider interpret this prohibition? > > EU service providers would breach the prohibition in Article 5b(2) if they were to hold crypto assets or the keys to crypto assets on behalf of Russian nationals or natural persons residing in Russia, or legal persons, entities or bodies established in Russia, with a total value exceeding EUR 10 000 per wallet, account or custody provider. EU crypto asset wallet, account or custody services providers should therefore put in place the appropriate safeguards and remedies to avoid ending up servicing clients in the conditions laid down by Article 5b(2). These safeguards and remedies should duly take into account the fact that the value of crypto-assets can fluctuate substantially over a short period of time.
> ‘crypto-asset service provider’ means any person whose occupation or business is the provision of one or more crypto-asset services to third parties on a professional basis; https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:52020PC0593&from=EN
The full amendment can be read there: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52021PC0422
The legislative process (including the final negotiations) will likely take at least 6 months. Seems that afterwards, the legislation would apply almost immediatly ([cf. article 32](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX:52021PC0422)). Regarding who this would apply to: >This Regulation shall apply to transfers of funds, in any currency, or crypto-assets, which are sent or received by a payment service provider, a crypto-asset service provider, or an intermediary payment service provider established in the Union. If I understand correctly, non-EU citizens would only be affected if they use an EU bank, exchange or payment provider. (Note that all the above is based on the first draft of the legislation, which is now being amended and negotiated).
> ‘crypto-asset service provider’ means any person whose occupation or business is the provision of one or more crypto-asset services to third parties on a professional basis; https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:52020PC0593&from=EN
Is it your private key in a keyfile? .TXT? ...you can restore with a keyfile on Cosmostation, but not keplr
This is total sh1t. The MiCA proposal doesn’t even mention proof of work, or the environment; https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52020PC0593
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02014L0042-20140519
Let me see if I understood correctly. You sent LRC from one wallet to another. You had your private key in .TXT format. But for that to work you have to disable 2FA ? Because your wrapper simply uses login credentials from .TXT as identifier I see you are on UAT, so I guess security is more laxed ?
This is where you fucked up big. Never store your info in unencrypted files. Evernote encrypts in transit, but not in storage. If you're storing such critical notes digitally, you need to encrypt the file with Veracrypt and use a strong password. Randomized and 32 characters long. If you want digital copies of your seed phrases, install Veracrypt, disconnect from the internet, then store a TXT file with your seed phrase in a Veracrypt vault. You can then store the file on a separate storage or upload it to Google Drive/OneDrive. A properly randomized password on Veracrypt isn't getting cracked. Use a password manager if you're not. If you're using a password manager already and your Evernote password was actually randomized, then you're probably infected with malware. A 16+ character long randomized password is not getting cracked, and you probably wouldn't remember a random password to accidentally leak it somewhere. If you do have malware, you need to clean up your online activities and improve your computer security habits.
I don't get something - this post is from 2 days ago explaining this document: [https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52020PC0593](https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52020PC0593) On the document itself, it says it's from September 24th, 2020. Not 2021. Does that mean that this framework exists for more than a year now? If so, why only now it's surfacing and getting headlights?
https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52020PC0593
I use [Trustdice](https://trustdice.win/faucet?ref=u_casinoboy). Although this is a casino site. However, after registration everything is very simple. Every 6 hours you can claim here unconditionally and also transfer collected at any time to your own wallet. They offer EOS, BTC, ETH, USDT, TXT and VITA.
So no digital version of your seed exists?....no digital photo of your seed uploaded to Gmail? No .TXT version stored on your computer or on a thumb drive etc......you only ever wrote the seed down on paper? How many copies? Where are they located; such as a super secret hiding place that I can't control access too or in my less secret safe that no one but me has access too? Just trying to narrow down some possibilities.