I’M BEING BLACKMAILED??

IM BEING BLACKMAILED!?

Someone used my school email, (somehow they have my password and email I guess) to tell me that they have my personal info and they will send damaging content to my contacts if I don’t send them 1,500 dollars through Bitcoin. I’m only 16, I’m freaked out and confused. Someone please help!!

Here is the entire thing they just sent me: Hi. I have bad news for you. Unfortunately, something bad happened.

One of your credentials was compromised, and that led to a chain of events that I will explain to you now. Using your password, our team got access to your email. We downloaded all data, and with some effort used it to get access to your backup files. Nothing could have prevented this.

The data that we have downloaded, contains your personal photos and videos, chats, documents, emails, contacts, your browsing history, notes, social media history and more, including some deleted files.

I am sure that you dont want any part of your private information to be seen by other people. And you can stop this. If we dont get what we are asking for, we will use this information against you.

If you are not sure of what can be done, just imagine what would happen if we use your email and phone number to send the most private and damaging content to your contacts. That would be very damaging to you.

However, there is a solution. You can avoid this mess by paying a fee to delete the files we have. So let's make this simple. You pay $1500 USD, and there will be nothing to worry about. No chats, no photos, nothing.

Use Bitcoin to make the transfer. Wallet address is 1JaSs2bTAYVbj6jaqD5Mjfs8gSLYgvYCrK , it's unique and we will know that you made the payment immediately. You have 2 days to make the transfer, that's reasonable. Take care.

Our adventure will begin as soon as the IKONIC Metaverse is operational

Our adventure will begin as soon as the IKONIC Metaverse is operational. There's been a lot of work put into it. We'd want to see the metaverse through the eyes of a gamer. As part of the IKONIC ecosystem's social aspect, we want to create metaverse spaces where artists and fans may meet. Participants in a virtual or web-based room session will require appropriate NFTs, such as a microphone and speakers, in order to participate. Watching sporting events with friends is a great way to commemorate your friends' accomplishments. Use your NFTs as party and event tickets, for example. Perhaps your NFTs will now serve a different function.

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#IKONIC #CRYPTO #BSC #BINANCE #BITCOIN

Ghostwriter for Christian erotica

Note: Please don't be an asshole when commenting. If you don't like the post, simply move on.

I have a writing project in mind and I need an erotica ghostwriter. The idea is to write a short story (maybe 13 chapters?) based on real-life events and it will only be for my eyes.

I'm seeking a female writer. This is because: (1) I find it easier to work with women, (2) The story will be written from the female-main-character's perspective, (3) It is more fun to talk about sexual things with a woman while being aroused.

Payment will be in crypto (Bitcoin or Monero). In case you don't know how to exchange crypto for dollars, I'd be more than happy to explain.

If after the initial chat you agree to take on the job, I'll make a one-off payment of $50 for the time that will be spent on analysis and structuring of chapters. I'm thinking a chapter would be between 2000 and 2500 words. I'm not looking for publishable material so a chapter shouldn't take too long to write.

The main characters in the story are Christians and so you should at least know the gospel as well as be familiar with some verses from from the Bible (especially the New Testament). The story will have a strong element of intermixing sexuality with spirituality and there will be many scenes verging on sacrilege.

DM to discuss more if interested. Your first message should, at the bare minimum, state: (1) whether you have faith in Christ or not, (2) what your limits are and if you have triggering topics, (3) what your pay rate per word is, (4) a sample of your erotica (two or three paragraphs is sufficient), (5) why you think you'd be suitable for the job.

Funding Rates Fall To Yearly Lows Following Bitcoin’s Fall Below $29,000

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Bitcoin has had a rough couple of weeks leading up to this moment and the effects of this are still being felt all across the board. This has seen bitcoin’s price crumble below $30,000 once more. Along with this fall has come some other brutal news for the digital asset. One of these has been the funding rates, whose massive dive has shown increasingly bearish momentum among the largest traders.

Funding Rates Take A Dive The Bitcoin funding rates had been in a bit of a lull even as the price of BTC had begun taking its beat-down at the $40,000 level. Mostly, it had remained neutral or below neutral so the sudden drop in funding rates is no surprise. However, the degree to which it had dropped had been more cause for concern. This time around, funding rates have taken a nosedive that has sent them towards yearly lows.

Related Reading | How The Tether Peg Could Predict Raging Bitcoin Volatility

Arcane Research reports that the plunge had come in the midst of the sell-offs that had rocked the market last week. This had seen funding rates drop across major exchanges in the space. Most notably on May 12th when the funding rate had fallen to a -0.0042% on the biggest exchange, Binance. 

Funding rates decline to yearly lows | Source: Arcane Research An interesting note is that funding rates, despite trending in the negative territory, have not been this low since July of 2021. This means that this is the most significant dip that has been recorded in the market in the space of a year. 

Traders were already bearish before now, resulting in the neutral funding rates that were recorded the previous week. However, this proves that the larger market is expecting more bearish trends and are therefore making moves to protect themselves.

Bitcoin Long Liquidations Is The Trigger After the decline below $30,000, bitcoin had recorded one of the most brutal liquidation trends in recent memory. Liquidations had reached as high as $0.73 billion in bitcoin liquidated in a single day, culminating in the highest liquidation event recorded since the December 4th crash. 

BTC price declines below $29,000 | Source: BTCUSD on TradingView.com Future and perp traders had obviously borne the brunt of this and this, in turn, had negatively affected the funding rates. The perpetual markets trading substantially below the spot market following the liquidations had contributed greatly to the plummet in funding rates.

Related Reading | Crypto Carnage Causes Flight To Bitcoin Safe Haven, Dominance Demonstrates

The funding rates had begun to recover after May 12th though. Briefly returning to the neutral territory before once more plummeting back down. However, the fall rate has not been as deep as the previous fall. 

Funding rates still remain well below neutral at the time of the report, which means that perp traders are still very bearish on the market, and as such, are not putting as much money into the digital asset.

Featured image from Cryptocoin Spy, charts from Arcane Research and TradingView.com Follow Best Owie on Twitter for market insights, updates, and the occasional funny tweet… 

𝗪𝗮𝗹𝗹 𝗦𝘁𝗿𝗲𝗲𝘁 𝗱𝗶𝘃𝗲𝘀; 𝗨𝗦 𝗵𝗼𝘂𝘀𝗶𝗻𝗴 𝘀𝘁𝘂𝗰𝗸 𝗶𝗻 𝘀𝘂𝗽𝗽𝗹𝘆-𝗰𝗵𝗮𝗶𝗻 𝗿𝘂𝘁; 𝗖𝗵𝗶𝗻𝗲𝘀𝗲 𝘁𝗿𝗼𝘂𝗯𝗹𝗲 𝗲𝘃𝗲𝗿𝘆𝘄𝗵𝗲𝗿𝗲; 𝗔𝘂𝘀𝘀𝗶𝗲 𝘄𝗮𝗴𝗲 𝗴𝗿𝗼𝘄𝘁𝗵 𝗺𝘂𝘁𝗲𝗱; 𝗨𝗦𝗧 𝟭𝟬𝘆𝗿 𝟮.𝟴𝟵%; 𝗴𝗼𝗹𝗱 𝗮𝗻𝗱 𝗼𝗶𝗹 𝗱𝗼𝘄𝗻; 𝗡𝗭$𝟭 = 𝟲𝟯.𝟮 𝗨𝗦𝗰

Earnings reports from Walmart and Target show that retailers can't raise prices fast enough to maintain margins and earnings are taking a hit.

US mortgage applications were down a sharpish -11% last week but at least their mortgage interest rates did not rise further.

American housing starts remain high but in a rut principally due to supply chain inhibitions because completion levels aren't rising. Building permit approvals remain at historically high levels.

The US Treasury ran another bond tender, this time for their 20 year bond and it was very well supported. Despite the demand, the median yield rose to 3.22% at this even, well above the 3.03% at the prior equivalent event a month ago.

Average new home prices in China's 70 major cities rose by just +0.7% in the year to April, slipping from a timid +1.5% gain a month earlier. But 50 of those 70 cities recorded house price falls from the prior month, 4 recorded no change, and of the 16 that recorded a gain, none exceeded +1%. Shanghai recorded no change, presumably because it was locked down. This was the weakest rise in new home prices since October 2015, as Beijing's deleveraging campaign triggered a liquidity crisis in some major property developers.

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In all of Shanghai, population 25 mln (in a greater metro region of 41 mln people), their car dealers sold zero new cars in April. Not even one. But because they order in advance, they still had to buy inventory. It must be tough.

A senior Chinese central banker is "being investigated" for suspected leaking of official economic statistics, after Beijing criticised the central bank for not adequately aligning itself with the party. There is no comeback for him now. The Central Commission for Discipline Inspection said that Sun Guofeng, who was until earlier this month head of the monetary-policy department, is being investigated for “suspected serious violation of laws and discipline.” It didn’t disclose any specifics but it earlier issued a report saying "the building of financial regulations is relatively sluggish" and blames the bank for not meeting President Xi's targets for "promoting deepening financial reform".

Australian wages rose +2.4% in the year to March, marginally better than the +2.3% in the year to December, but not as strong as expected (+2.5%). Even the q-on-q was a tad disappointing (annualised +2.8%), and this won't really bolster the RBA's case for a quicker return to 'normal' for monetary policy.

The UST 10yr yield will start today -8 bps lower at 2.89%. The UST 2-10 rate curve is flatter at +24 bps and their 1-5 curve is also flatter at +84 bps. Their 30 day-10yr curve is a tad steeper at +240 bps. The Australian ten year bond is now at 3.33% and down -11 bps. The China Govt ten year bond is down -2 bps at 2.82%. And the New Zealand Govt ten year is unchanged at 3.63%.

On Wall Street, the S&P500 could not hold yesterday's gain and is down a very sharp -4% in Wednesday afternoon trade. Overnight, European markets were all down about -1.3% except London which down -1.1%. Yesterday, Tokyo ended up +0.9%, Hong Kong ended up +0.2% but Shanghai fell -0.3%. The ASX200 ended its Wednesday session up +1.0% and the NZX50 ended up +1.1%. These new levels seem unlikely to hold today however.

The price of gold starts today down -US$2 since this time yesterday at US$1816/oz.

And oil prices are -US$3.50 lower today and now just over US$106.50/bbl in the US, while the international Brent price is now just over US$107.50/bbl.

The Kiwi dollar will open today almost -½c weaker against the US dollar, now at 63.2 USc. Against the Australian dollar we are little-changed at 90.5 AUc. Against the euro we are almost unchanged at 60.3 euro cents. That all means our TWI-5 starts today at 70.6 which is down -30 bps from this time yesterday.

The bitcoin price has fallen -3.5% from this time yesterday and is now at US$28,989. Volatility over the past 24 hours has been high at +/- 3.4%.

Source: Interest.co.nz

Bitcoin Pizza Day is almost here and a new Cryptizen wants to celebrate too 🍕

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https://i.redd.it/kc0705rdw6091.gif

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Here's how to meet BitGolem:

🛒 1 open-edition & 2 limited-editions available

⏰ Drop begins 19 May, 13:00 UTC

🪂 4 editions airdropped to Cryptoverse holders

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Shop the Drop: https://crypto.com/nft/drops-event/b7e7902c38016065780b19bc3c4d3d4b

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🦁 Mane Netizens will get to shop the drop 30 mins in advance

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❗️ To qualify, ensure that your #LoadedLion is in your Crypto.com NFT account

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Full details: https://crypto.com/events/cryptoverse-bitcoin-golem

𝗗𝗮𝗶𝗿𝘆 𝗽𝗿𝗶𝗰𝗲𝘀 𝗳𝗮𝗹𝗹 𝗮𝗴𝗮𝗶𝗻; 𝗨𝗦 𝗿𝗲𝘁𝗮𝗶𝗹 𝘀𝘁𝗿𝗼𝗻𝗴; 𝗙𝗲𝗱 𝘀𝗶𝗴𝗻𝗮𝗹𝘀 𝗺𝗼𝗿𝗲 𝗿𝗮𝘁𝗲 𝗵𝗶𝗸𝗲𝘀 𝗮𝗻𝗱 𝗿𝗲𝘁𝘂𝗿𝗻 𝘁𝗼 𝗻𝗼𝗿𝗺𝗮𝗹 𝗺𝗼𝗻𝗲𝘁𝗮𝗿𝘆 𝗽𝗼𝗹𝗶𝗰𝗶𝗲𝘀; 𝗨𝗦𝗧 𝟭𝟬𝘆𝗿 𝟮.𝟵𝟳%; 𝗴𝗼𝗹𝗱 𝘂𝗽 𝗮𝗻𝗱 𝗼𝗶𝗹 𝗱𝗼𝘄𝗻; 𝗡𝗭$𝟭 = 𝟲𝟯.𝟲 𝗨𝗦𝗰

There was another dairy auction today, and another fall in overall prices. This time they fell -2.9% in USD terms and -1.6% in NZD terms. That means from the mid-March peak they are down -15%. The main fall today was for the core WMP price, down -4.9% on top of the -6.5% fall at the prior event two weeks ago. Yes, pencils will be out checking whether another cut to the farmgate payout price is required.

US retail sales came in strong for April, up +8.2% above year-ago levels but perhaps just as expected. That caps a fourth good consecutive monthly rise.

US industrial production also came in well above year-ago levels, up +5.8%. Recent gains have been running higher.

US Fed officials were out talking up their policy positions. Chairman Powell said they will not hesitate to keep raising interest rates until inflation falls in a clear and convincing way.

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In China, their main bond trading platform for foreign investors has quietly stopped providing data on their transactions, a move that will heighten concerns about transparency in the nation’s US$20 tln debt market after record outflows. The suspicion is that they are now hiding even faster outflows than they have previously reported.

The UST 10yr yield will start today +9 bps higher at 2.97%. The UST 2-10 rate curve is just a little flatter at +27 bps while their 1-5 curve is actually steeper at +87 bps. Their 30 day-10yr curve is much steeper at +239 bps. The Australian ten year bond is now at 3.44% and up +9 bps. The China Govt ten year bond is little-changed at 2.84%. And the New Zealand Govt ten year is up +6 bps at 3.63%.

On Wall Street, the S&P500 is up +1.2% in Tuesday afternoon trade. Yesterday, Hong Kong ended up a huge +3.3% and Shanghai ended up +0.7%. The ASX200 ended its Tuesday session up +0.3% but the NZX50 ended down -0.2%.

The price of gold starts today up +US$2 since this time yesterday at US$1818/oz.

And oil prices are -US$2.50 lower today and now just under US$110/bbl in the US, while the international Brent price is now just over US$110.50/bbl.

The Kiwi dollar will open today firmer against the US dollar, now at 63.6 USc and a +70 bps rise. Against the Australian dollar we are little-changed at 90.6 AUc. Against the euro we have dipped slightly 60.3 euro cents. That all means our TWI-5 starts today at 70.9 which is up +30 bps from this time yesterday.

The bitcoin price has risen back +0.9% from this time yesterday and is now at US$30,028. Volatility over the past 24 hours has been moderate at +/- 2.1%.