"Binance has acknowledged a 'clerical error' that means it currently keeps reserves for almost half of its 94 Binance-peg tokens worth over $539 million mixed up with customer funds inside a $16.5 billion exchange wallet." 🏆


bloomberg.com/news/articles/20

#binance #binancesmartchain #stablecoin #cryptocurrency #championstyle #cryptocalypse #bnbchain #bnb #busd #pax #usdp #paxos

Last updated 2 years ago

Luis_Fierro :lambda2: · @Luis_Fierro
33 followers · 201 posts · Server econtwitter.net

Another crypto company bits the dust

Today, BlockFi filed voluntary cases under Chapter 11 of the U.S. Bankruptcy Code.

twitter.com/blockfi/status/159

#cryptocalypse

Last updated 2 years ago

Zsolt Sándor 👍 · @zsoltsandor
118 followers · 5370 posts · Server mastodon.social

Walking around Meet Taipei today, someone pushed me a pamphlet for a blockchain firm with a giant logo slapped on top of it.

Me: "You guys do know that FTX collapsed last week, right?"
Person: "Yeah, it looks terrible, doesn't it?"
Me: "Maybe tell your bosses to place an urgent order of new pamphlets with a local printer rather than giving these out."

Must be tough running a blockchain/crypto firm these days.

#cryptocalypse #ftx

Last updated 2 years ago

rue · @rue321
17 followers · 77 posts · Server mastodon.online
rue · @rue321
17 followers · 77 posts · Server mastodon.online

#cryptocalypse

Last updated 2 years ago

😷 Jan Wildeboer · @jwildeboer
4158 followers · 13173 posts · Server social.wildeboer.net

A loss of around 14 billion USD in market cap should be tough to fix. A very stable coin?

#sarcasm #UST #cryptocalypse

Last updated 3 years ago