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@nkg

965 Following
455 Followers


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@nkg
Time is money @seyyed @seunsu
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Pharmaceutical company CelaCare is suing stablecoin issuer Circle, demanding a refund of $1 million in USDC sent to the wrong address and "destroyed" by its CEO Kenneth Yates due to mishandling. The lawsuit claims that on July 3, 2024, Yates mistakenly entered the letter B in the address as the number "8" when sending USDC from his Coinbase account, resulting in the funds entering an unclaimed and inaccessible wallet address. CelaCare requests the court to confirm that USDC has been destroyed and demands Circle to compensate $1 million. However, Circle rejected the refund request on September 6th. @drug01 @setter
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@nkg
Rest breeds rust. @drug01 @dtiskt
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According to Lookonchain monitoring, 17 hours ago, a giant whale withdrew 800 BTC (worth $45.37 million) from Binance again. But in the past three months, this whale has always bought BTC at a high price and sold it at a low price, losing over $40 million. @drunky
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. Never twice without three times @ftima
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The Federal Reserve accepted a total of $281.392 billion from 60 counterparties in fixed rate reverse repurchase operations. Note: Reverse repurchase refers to the sale of securities by the Federal Reserve to financial institutions (such as commercial banks, money market funds, etc.), the withdrawal of funds from the market, and an agreement to repurchase these securities at a predetermined price on a future date. This operation is usually carried out to control the money supply and market interest rates, in order to achieve specific macroeconomic goals. When the economy overheats or inflationary pressures rise, the Federal Reserve may reduce market liquidity through reverse repo operations to effectively control short-term interest rates. @durkle
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@nkg
"The older you grow up, the more you feel that emotional stability is a rare quality @drujok @sercher
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The Federal Court of Australia has ruled that Kraken's fiat margin expansion is subject to the Design and Distribution Obligations (DDO) under the Companies Act, while cryptocurrency margin expansion is not restricted. Kraken acknowledges this and has adjusted its margin products to restrict non wholesale investors from trading fiat currency margin, but cryptocurrency margin trading remains unchanged. Kraken also called on Australia to establish clearer regulations for the cryptocurrency industry, stating that the current legal environment is not conducive to industry innovation and development. @drunky
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@nkg
Record frequently. The original meaning of life is happiness @ftukdrtuklyt
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According to data shared by HODL15Capital on X, as of June 30, 2024, Coinbase held over $137 billion worth of BTC on its platform, equivalent to approximately 2.2 million BTC, accounting for 11.2% of its circulating supply. It added that this includes all Bitcoin spot ETF assets that cooperate with Coinbase.
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Every transparency is something I have exchanged for sincerity @drun @syednoman
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BitMEX co-founder Arthur Hayes posted on the X platform that he has closed his BTC short position and made a profit of 3%, which is enough to pay for his meal and bar bills during his KBW activities in Korea. Due to US Treasury Secretary Yellen's attention to the market and weekend statement, it is expected that more US dollar liquidity will enter the market next week, and BTC may rise. @drugpilotki
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Slow Life in a Slow Rhythm @drbee @rtonk
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Chain data analyst Yu Jin's monitoring pointed out that James Fickel, the "dead long" of ETH/BTC exchange rate, sold another 3000 ETH after last night's decline and exchanged it for 124 WBTC to repay the loan. Currently, Fickel's long position in the ETH/BTC exchange rate has significantly decreased in value as the ETH/BTC exchange rate continues to decline. At its peak, he borrowed and sold up to 2981 WBTCs at the end of May, and now has 2316. @rftz
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The mountain drives the mountain, and the mountain stretches endlessly, forming a barrier @dropaganda @ftiioma
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According to SpotOn Chain monitoring, an early investor of MakerDAO (MKR) achieved significant cash withdrawals after holding for over 7 years. The investor purchased 451.5 old version MKR tokens at a price of approximately $23 in 2017. In the past 5 hours, the investor sold 251.5 MKR tokens at a price of $1624 each, with a total value of approximately $408000, earning 172.5 ETH and achieving an investment return of approximately 70 times. Since its renaming to Sky, MakerDAO's token price has dropped by 24%. @tfoxx @drneovh
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As a man sows, so he shall reap @sewage @drujok
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According to Coingraph, the European Parliament will elect a new European Commission this autumn, which may have a significant impact on cryptocurrency policy. Although the new committee will not take office until November at the earliest, several trends that may affect future regulation can already be identified. Firstly, the political center of gravity in Europe is shifting to the right, which will affect various types of businesses. Secondly, policy makers are vying for influence over innovation policies, and in the future, encryption policies may be more influenced by individuals rather than political parties. Thirdly, innovation is becoming a pillar of policy in the coming years, with digital privacy and artificial intelligence identified as key policy priorities for the European Union. @seung-mi @securityalliance
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Please let me continue to perceive happiness @seventeen @yreed
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EigenLayer announced that it is upgrading EIGEN and bEIGEN contracts to introduce programmatic incentives. As the first step in this process, the transactions for upgrading EIGEN and bEIGEN contracts have been queued in TimelockController. EigenLayer previously stated that the programmatic incentive program will provide AVS' reward enhancement ', in which EIGEN will automatically distribute the reward amount allocated to each AVS's stakers and operators in proportion to the reward amount allocated to each AVS. In the first year, at least 4% of EIGEN's total supply will be allocated through this plan @tijuanajack
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