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Derisked out of $MXH due to this TX that bought 30% of the supply.
https://t.co/gkMT5v3olW
Tough to track down where the tokens went.
The team failed to provide an explanation but they stated they "addressed this before".
Riding risk free until I get to the bottom of this.
@thewarsend The wallet is not blacklisted. In fact that wallet never held any $MXH tokens.
I will make a more detailed update post in a bit but I do feel safer now after investigating.
More nodes are coming this week.
They also hinted at reducing the amount required in staking, which should further increase the APR.
And $KAS miners...
If you do not know much about $MXH, you should read my previous post about it:
https://t.co/FyHYDWWj1B
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Some quick math about $MXH:
Lowest tier $TAO miner requires 40k staked $MXH tokens, which currently costs around 4k USD.
The lowest tier miner generates ~0.4 $TAO per day. That's ~12 $TAO per month, currently valued at 3.2k USD.
That's a 960% sustainable APR.
The @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.
The @SECGov twitter account was compromised, and an unauthorized tweet was posted. The SEC has not approved the listing and trading of spot bitcoin exchange-traded products.