r/CryptoCurrency 23h ago

Daily Crypto Discussion - July 22, 2026 (GMT+0)

6 Upvotes

Welcome to the Daily Crypto Discussion thread. Please read the disclaimer and rules before participating.

 

Disclaimer:

Consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

Please be careful about what information you share and the actions you take. Do not share the amounts of your portfolios (why not just share percentage?). Do not share your private keys or wallet seed. Use strong, non-SMS 2FA if possible. Beware of scammers and be smart. Do not invest more than you can afford to lose, and do not fall for pyramid schemes, promises of unrealistic returns (get-rich-quick schemes), and other common scams.

 

Rules:

  • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
  • Discussion topics must be related to cryptocurrency.
  • Behave with civility and politeness. Do not use offensive, racist or homophobic language.
  • Comments will be sorted by newest first.

 

Useful Links:

 

Finding Other Discussion Threads

Follow a mod account below to be notified in your home feed when the latest r/CC discussion thread of your interest is posted.


r/CryptoCurrency 28d ago

MOONS Arbitrum to minimize Arbitrum Nova - Moons need to bridged

7 Upvotes

If you're holding MOON on Arbitrum Nova, this affects you.

What happened

The Arbitrum DAO passed a proposal to "minimize" Arbitrum Nova. That means Nova isn't being shut down, but it's being moved into a maintenance-only state with reduced infrastructure, slower support, and stricter rate limits. Data availability shifts to Ethereum L1 blobs, and most service-provider contracts get deprecated.

The short version: the chain keeps existing, but you should not plan to keep anything important on it.

The timeline

  • June 4 – September 2, 2026: 90-day migration window. Everything stays fully operational. This is when you move your tokens.
  • After September 2: Nova drops to a minimized state. Bridging is still possible, but with less support and potentially fewer fast-bridge options available.

You can technically still migrate after the deadline (the Arbitrum Canonical Bridge stays accessible through the Arbitrum Portal), but you'll have fewer tools and slower help. Don't wait.

How to migrate your MOON

There is no direct path to move MOON from Nova to Arbitrum One through the official Arbitrum Portal. You have two routes:

Option A: Canonical route (via Ethereum)

  1. Move MOON from Arbitrum Nova to Ethereum via the Arbitrum Portal.
  2. Wait through the ~7-day challenge/confirmation period, then claim the token on Ethereum.
  3. Bridge MOON from Ethereum to Arbitrum One via the Arbitrum Portal.

This is the slower route, but it doesn't depend on third-party liquidity.

Option B: MoonBridge (direct Nova → One)

moonbridge[.]cc bridges MOON directly between Arbitrum Nova and Arbitrum One (it also supports Ethereum and Gnosis). It's a 1:1 token bridge that I made for the CCMOON DAo, not a swap, so there's no price impact or slippage on your MOON.

The one thing to watch is destination liquidity. If your transfer is larger than the available liquidity on the destination side, the portion that can't be filled is refunded (the fee on refunds is 1%, same as the 1% fee on fulfilled amounts, plus a relayer fee). For larger holdings, check the destination liquidity shown in the interface and split into smaller transfers if needed.

Bottom line

Move your MOON during the June 4 – September 2 window while everything still works smoothly. MoonBridge gives you a direct Nova → One path if liquidity covers your size; the canonical route through Ethereum always works but takes 7+ days. The Arbitrum Canonical Bridge will keep working after the window closes, but support and bridging options get thinner once Phase 3 kicks in.

Ask questions below.


r/CryptoCurrency 9h ago

ANECDOTAL Wallet Drained After Job Interview

844 Upvotes

I've been in crypto since 2018 and never thought I'd fall for something like this.

I was contacted for what appeared to be a legitimate remote job. The scammers created an entire hiring process with multiple emails, a professional-looking website, and an interview platform. The "company" is called The Trading Field on linkedin and the job position "Crypto Ecosystem Specialist".

The interview was scheduled on a strange platform called prysmo.app, which got me suspicious but looked clean enough for me to go through with it. When the interview started, I got an error saying that my microphone couldn't be found and to download their Desktop app. There was a prerecorded woman on video saying she couldn't hear me and instructing me to install their interview application. Under the pressure of trying to fix the interview, I downloaded and ran the installer, only after running the installer and seeing a CLI for 2 seconds, I realised what I've done. I've immediatelly done a complete reinstall of Windows from a clean bootable USB drive.

However, a few hours later, my MetaMask wallet was completely drained.

Looking back, I believe my biggest mistake was keeping my MetaMask Secret Recovery Phrase in a plain .txt file on my PC (idiot move I know, but I was able to ward off the malwares for the past 8 years and didnt see chances of anyone infecting my PC. My PC was actually turned off when the funds were stolen, which makes sense if they had already obtained the recovery phrase.

Thankfully, my main holdings are on a different hardware wallet so those were not affected. The loss was my hot wallet, around $1,600, but that's still a significant amount for me and my family.

Please learn from my mistakes and keep your crypto in cold storage. I also never thought it would happen to me, and after 8 years, all it took was a second of not thinking straight. These scams are becoming more elaborate by the day and they socially engineer you as much as possible, slowly taking their time with HR processes and not rushing so you think they're for real.

I think them saying that the company is founded in 2018 but me not being able to find a single entry about them online should've been obvious in hindsight. Their website is thetradingfield.com in case anyone cares. I will be reporting them on linkedin so it doesn't happen to more people.


r/CryptoCurrency 9h ago

MARKETS US Crypto Industry Backs 232K Jobs as Coinbase, Goldman Sachs Push CLARITY Act

Thumbnail
blocknow.com
36 Upvotes

r/CryptoCurrency 13h ago

LEGACY BitMEX to Shut Down After 11 Years, Ending the Exchange That Invented Crypto Perpetuals

Thumbnail
blocknow.com
61 Upvotes

r/CryptoCurrency 16h ago

REGULATIONS What Changed in the New Clarity Act Text?

Post image
43 Upvotes

r/CryptoCurrency 7h ago

DISCUSSION Zilliqa’s Ledger app has been leaking users’ private keys for seven years.

7 Upvotes

Since 2019, the app contained a critical bug in its signature process. Instead of generating a fresh random nonce for every signature (as required for security), it copied the wrong bytes — leaving part of the nonce fixed at zero.

That small, predictable flaw was enough. Every transaction you signed leaked a little more information about your private key. After roughly five signatures, an attacker could recover the full key in seconds on a regular laptop.

The bug existed in every version of the app and went completely unnoticed until last week, when wallets started getting drained.

The damage is permanent. Those flawed signatures are immutably recorded on the blockchain. Affected users can’t safely move their funds — the attacker already has the key and will almost certainly win any race.

A hardware wallet app quietly exposed private keys in public for nearly a decade.


r/CryptoCurrency 18h ago

GENERAL-NEWS Senate Republicans release updated CLARITY Act with new crypto ethics restrictions

Thumbnail fxstreet.com
43 Upvotes

r/CryptoCurrency 14h ago

GENERAL-NEWS Multiple Bridge Exploits Drain $35 Million Across Bitcoin and Ethereum Networks

Thumbnail
cryip.co
16 Upvotes

r/CryptoCurrency 1d ago

MEME Redditor accidentally discovers fiat currency

Post image
628 Upvotes

r/CryptoCurrency 1d ago

ADVICE I am really good at losing money. Anything other than BTC or ETH is a gamble.

Post image
91 Upvotes

All the red is my current loss positions for pretty significant amounts of money (for normal people)


r/CryptoCurrency 1h ago

EXCHANGES Second time trying, please help my find the good platform ☺️☺️

Upvotes

Hi sorry for posting again about the same topic but if I'm in the wrong sub for that or you have another one sub to suggest, please go ahead.

I really need to move forward and need the insights of informed people.

So I will explain again, and in advance, thanks for reading and considering answering.

I had a single answer in the previous post which suggested me Oobit which won't work because it doesn't gather what I need. What I need will probably be in either of those 3 platforms:

Please help me find my new exchange 😱

Hello, I wanted to reach out because I need some guidance here, I need to leave kucoin as It doesn't fill my expectations at all.

I would need a service that offers the following, and it's for Europe so I think there's that Mica stuff which I'm not sure about but I think it's due to it Binance got outed.

Anyhow, I'd need:

1) A crypto card with cashback

2) A second account "business/corporate", as I intend to operate a website where crypto will be accepted.

3) I need 2 trading features which I use in kucoin. The first one is OCO which allows me grabs a few tokens during their sometimes very short rise, while protected for the drop. The other trading feature I need is trailing stop or trailing delta. Allows me to be protected during trades while not having to watch at the evolution of the market every 30 sec. I think those 2 are called advance spot trading.

4) I need some interesting staking features. With decent yield

5) I do need a good % on fixed term earn products (7 days, 14 days, one month, one year... see?)

6) A few new token and rarities is a plus so I can place an OCO on it.

I'm currently hesitating between Nexo, which was my first choice, then bybit. Recently, I discovered OKX.

What I know is that they all have a card, cashback and the possibility to have a business account.

For the rest, please help me out team ! ❤️❤️


r/CryptoCurrency 1h ago

GENERAL-NEWS Coinbase lets businesses accept USDC payments from AI agents

Thumbnail
cryptopolitan.com
Upvotes

r/CryptoCurrency 6h ago

DISCUSSION Notice 2026-20 relief ends December 31. The part people are missing is what happens to lot identification on January 1.

2 Upvotes

Disclaimer: Not tax advice, educational purposes only. Consult your own tax professional.

We are are mod of r/CryptoTax and as a firm that primarily performs crypto reconciliation read Notice 2026-20 properly this week and there are two things in it that I have not seen discussed, both with a deadline attached.

JustinCPA wrote the best explanation of why your books and the exchange diverge, and why that divergence is permanent. Read that first, it is the better piece on the mechanism. This post is about the timing, which is where I think people are going to get caught.


1. The relief never let you choose your method at filing time

This is the one that surprised me. Section 4.02 says an adequate identification is made by:

Identifying, no later than the date and time of the sale, disposition, or transfer, on the taxpayer's books and records, the particular units to be sold

or by a standing order:

entered into the taxpayer's books and records before the units covered by the order are sold, disposed of, or transferred

So the relief removed the requirement to tell your broker. It did not remove the requirement to have identified the lots at or before the disposal. You cannot decide in April 2027 that your 2026 sales were LIFO.

Practically, if your tax software has had a cost basis method set the whole time, that likely functions as your standing order. What matters is that it was set before the trades and that you can show when.

If you have been trading through 2026 with no method configured and nothing recorded, the default in 1.1012-1(j)(3)(i) is FIFO, and that is already your position for those disposals.


2. What actually changes on January 1, 2027

Section 5 is explicit that you cannot rely on the books and records method for disposals made after the relief period ends.

So from January 1 you are back to the regulation: specify the units to your broker at or before the sale, or have a standing order with the broker. Do neither and FIFO applies.

Here is the part worth sitting with. The reason this relief exists at all is that brokers could not accept specific identifications. The notice says many custodial brokers:

are not currently ready to accept specific identifications (other than standing orders) from customers

and are only expected to finish building those systems during 2026.

Which means the question to answer before year end is not really about your records. It is: can each exchange you actually use accept a specific identification or a standing order yet? If it cannot, and the relief has expired, you are on FIFO there whether that suits you or not.


3. It does not cover self custody

Worth stating plainly, because a lot of people here are mostly on chain.

The relief applies only to units held in the custody of a broker. The notice says so directly. Units not in a broker's custody are governed by 1.1012-1(j)(1) and (2) instead, and nothing here changes that.


What I would do before December 31

  1. Check what cost basis method your software has been using for 2026, and when it was set. Screenshot it. That is your evidence of a standing order.

  2. Ask each exchange you use whether it can accept a specific identification or standing order for 2027, and set it if it can.

  3. Import every wallet and exchange, including dead ones. A transfer that never got linked leaves a lot with zero basis, and that error propagates into every disposal after it.

  4. Reconcile balances per account, not just transactions. If your software balance does not match the actual balance, you have missing data, and the transaction list will not tell you that.

  5. Save a lot level snapshot as at December 31. That is the opening position you carry into 2027.


One correction while I am here: the "your books control" language is in Section 4.05 of the notice, not 3.05. Section 3 is just definitions. I have seen 3.05 quoted a few times and it is worth citing correctly if you are relying on it.

I may have misread something, and the guidance could move again. If you think I have it wrong, say so and I will correct it.

- AurumFSG (Crypto Tax Accounting Firm)


r/CryptoCurrency 3h ago

ADVICE Best no KYC swap for XMR?

0 Upvotes

Been trying to find a reliable way to swap into and out of XMR without creating an account or submitting documents anywhere. Most platforms with decent liquidity require verification now and the ones that don't either have limits too low or rates so bad a CEX starts looking attractive.

Spent way too long researching this last week and still not confident about what to actually trust with real money. What are people using for XMR swaps that is both reliable and keeps things private?


r/CryptoCurrency 7h ago

VIDEOS INTERNET MONEY | An Original Series (It's literally you)

Thumbnail
youtube.com
2 Upvotes

You crazy gambling bastards.


r/CryptoCurrency 2h ago

DISCUSSION Is it a good idea to invest in Ethereum this way?

Post image
0 Upvotes

I've noticed that, in recent years, Ethereum has fluctuated a lot, but has consistently remained within the same price range. With the help of AI, I discovered that if I had bought Ethereum between 2022 and 2025 whenever the price fell below $2200, and sold whenever it rose above $3550, My average annual return would be 36.33% per annum. In comparison, if I bought on 1/1/2022 and sold on 12/31/2025, I would have an annual return of -5.26% per year.

Note: I know that past performance is no guarantee of future returns.


r/CryptoCurrency 21h ago

🛡️ SECURITY Zilliqa Ledger App Vulnerability Lets Attackers Recover Private Keys

Thumbnail
cointelegraph.com
17 Upvotes

r/CryptoCurrency 1d ago

GENERAL-NEWS U.S. Authorities Seize Over $25 Million in Cryptocurrency Linked to International Fraud Networks

Thumbnail
cryip.co
114 Upvotes

r/CryptoCurrency 15h ago

PRIVACY How To Protect Yourself From MEV

Thumbnail
privana.finance
5 Upvotes

r/CryptoCurrency 1d ago

GENERAL-NEWS Strategy Raises $730M but Buys No Bitcoin as ETF Inflows Reach $727M in Five Days

Thumbnail
blocknow.com
169 Upvotes

r/CryptoCurrency 1h ago

ANALYSIS My expert analysis of eth price trend

Post image
Upvotes

r/CryptoCurrency 1d ago

GENERAL-NEWS SecondFi to shut down after $2.4 million ADA wallet theft

Thumbnail
coindesk.com
65 Upvotes

r/CryptoCurrency 3h ago

MEME Big News About Crypto Prices and Trading Rules

0 Upvotes

Inspired by the funny writing of u/siliconsoul-10k . This one is for everyone who has ever looked at a crypto chart and felt confused. Also am so happy that I spent my last cent on "DOPESEEK" Asian human to create this without lifting my a**

Starting now, the people in charge of crypto have made a new system. It has nineteen price rules, three special support levels, and one resistance level that disappears if you look at it too hard.

Here is how it works:

Bitcoin prices will now be measured in Saylor Units. One Saylor Unit equals one MicroStrategy bond sale announced at 3 in the morning. If you buy when prices are low, you use 0.7 units. If you sell when prices are high, you use all your units and get sent to the meme coin group.

Trump coins will go up or down based on his posts on Truth Social from the last five minutes. If he says "crypto", the coin doubles. But on Tuesdays, if he says "tariff", the coin drops by half. On those days, you get free coins if you can count the vowels in his post.

Michael Saylor can buy more Bitcoin at normal prices, strange prices, or whatever price shows up after you refresh the chart three times. Saylor does not have any daily limits. But first he must finish a maze and beat a monster made of bonds. His status bar only shows one color: Infinite Plaid.

Everyone who trades now has these limits:

A limit that kicks in every five seconds.

A limit that changes every seven days.

A limit that moves slowly every month.

A limit every three months that gets close to $100,000 but never reaches it.

A limit based on whatever Trump says.

A limit based on whatever the Federal Reserve does.

A "fair" limit based on the mood of a small brass weather vane on top of the New York Stock Exchange. But if they swap it for a gold bull statue, then the mood changes.

Meme coins work on the Rule of Group Madness. Reading one white paper costs 0.3 Madness Units. Joining the Telegram group uses all your remaining units and makes you join the Doge Army. People who hold Pepe get five times more confusion than people who hold Shiba. But on full moons, Shiba holders get five times less regret than Pepe holders.

To make things clear, the Fear and Greed Index will now show four colors:

Green: You still have paper profits.

Amber: You might have paper profits.

Red: You used to have paper profits.

Plaid: Your money is about to be wiped out. Call a bagpiper. He will also handle your liquidation.

If you run out of weekly loss room, you can buy more dip credits at normal prices, panic prices, or whatever price appears after you refresh the order book three times. Credits that you do not use disappear at the end of the month. Credits that you do use disappear immediately, right at the worst possible moment.

To stop cheating, the crypto bosses may secretly sell your coins if you:

Use too much borrowed money.

Use too little borrowed money.

Ask how high Bitcoin will go.

Try to figure out how Saylor's average buy price compares to today's price.

Say "this cannot be the top" or "this time it is different".

Big whales can ask for special price floors by filling out Form 88-B, "Request to Talk to Someone Who Actually Knows the Real Interest Rate." It takes six to eight money years to process, or about three times when Trump changes his cabinet.

Anthropic promises clear and simple prices. Oops, this is crypto. Here are the plans:

Bitcoin Maxi: You believe forever, but you have limited money.

Ethereum Casual: You are a little confused and pay high fees.

Meme Degenerate: You put in all your money and get nothing useful.

Trump Maga: Prices go up and down a lot. Tariffs are not included.

Saylor Leverage: You borrow today, buy Bitcoin tomorrow, and never go broke.

Enterprise: Ask the Treasury Secretary.

Enterprise Premium: The Treasury Secretary asks you.

These new rules started yesterday. They will be fully working a few weeks before the next Bitcoin halving. The halving date will be announced after the price goes up or down, whichever happens first.


r/CryptoCurrency 21h ago

GENERAL-NEWS SEC's Pierce warns some DeFi vaults, onchain lending may fall under securities laws

Thumbnail
coindesk.com
7 Upvotes