commonopoly
4.7K posts
commonopoly
@commonopoly_
two sides to every strawberry
Katılım Mart 2009
3.8K Takip Edilen17.4K Takipçiler
@naiivememe You mean like taking someones old tweet and writing it again and posting it?
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$BTC
Every weekend that done what guys?
Killa@KillaXBT
Out of the last 19 weekends: - 10 pumped into Sunday - 4 dumped - 5 had no directional movement Saturdays are usually slow, while late Sunday is when volatility picks up. Every weekend that dumped led to further $BTC downside during the following week, and every weekend that pumped eventually reversed.
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WHY IS NO ONE IN THE MEDIA ASKING WHY THE FUCK JARED KUSHNER IS FUNCTIONING AS A U.S. DIPLOMAT IN RUSSIA, UKRAINE, ISRAEL AND NOW IRAN?
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Millions of files related to Jeffrey Epstein suggest the existence of a 'global criminal enterprise' that carried out acts meeting the legal threshold of crimes against humanity, a panel of independent experts appointed by the UN Human Rights Council says reut.rs/3OnDpPM
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@My_Nigma @intocryptoverse common indicators for every indication
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Historically, Bitcoin goes below both the realized price and the balanced price in bear markets.
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I am the Chief Operations Officer at Bithumb.
South Korea's second-largest cryptocurrency exchange.
On Thursday, we ran a promotional event.
A "lucky box" campaign.
Very popular in Korea.
Users complete tasks.
Users receive rewards.
Small rewards.
2,000 Korean Won.
That's $1.40 American.
Enough for a coffee.
Maybe a small one.
One of our employees made an error.
A small error.
In the dropdown menu.
He selected "BTC" instead of "KRW."
Bitcoin instead of Korean Won.
Same first letter.
Easy mistake.
Instead of 2,000 Won, we sent 2,000 Bitcoin.
Per user.
To 695 users.
2,000 Bitcoin is $142 million.
Per user.
We created $44 billion in Bitcoin.
From a dropdown menu.
Our actual reserves are 50,000 Bitcoin.
We distributed 620,000 Bitcoin.
12 times our reserves.
The math didn't work.
The system didn't care.
The system processed the request.
Very efficiently.
The users noticed.
Immediately.
They saw $142 million in their accounts.
Some of them tried to sell.
Quickly.
Very quickly.
500 Bitcoin hit our order books.
In minutes.
The price crashed 17%.
On our platform only.
Bitcoin dropped to $55,000 on Bithumb.
Bitcoin stayed at $66,000 everywhere else.
That's called a "reverse Kimchi premium."
Usually Korea pays more for Bitcoin.
Today Korea paid less.
Because we broke the market.
With a dropdown menu.
We froze the accounts.
Within 35 minutes.
Very fast response.
To our own mistake.
We recovered 99.7%.
That's almost everything.
The other 0.3% was withdrawn.
About $2.2 million.
Gone.
Before we noticed.
What we did.
To ourselves.
Someone asked if we were hacked.
We were not hacked.
Our security is excellent.
Our dropdown menus are less excellent.
Someone asked how this happened.
I said: "Human error."
The human is employed.
Still.
We're reviewing our processes.
The process was: select currency, enter amount, click send.
The employee selected the wrong currency.
Entered the right amount.
Clicked send.
The process worked perfectly.
The human didn't.
Our CEO released a statement.
"All assets are secure."
The assets were never insecure.
We just created 12 times more of them.
Temporarily.
For 35 minutes.
$44 billion in 35 minutes.
Created and recovered.
Very efficient.
The global market didn't notice.
Bitcoin stayed stable.
Only our users noticed.
695 of them.
Woke up millionaires.
For 35 minutes.
Then woke up with frozen accounts.
And a support ticket.
We're working with police.
On the $2.2 million.
That was withdrawn.
By users.
Who moved faster than us.
They saw $142 million.
They didn't ask questions.
They clicked "withdraw."
I would have too.
That's not our official position.
Our official position is: "We are cooperating with authorities."
Authorities want to know who got away.
With our mistake.
Someone asked if affected users will be compensated.
We're reviewing the situation.
"Reviewing" means deciding.
"Situation" means we gave away $44 billion.
And want it back.
Most of it came back.
Automatically.
Because it was phantom Bitcoin.
Not real Bitcoin.
Just numbers on a screen.
That people tried to sell.
For real money.
Some succeeded.
$2.2 million worth.
That's 0.005% of the accident.
Very contained.
Our stock dropped.
Briefly.
Then recovered.
Like the Bitcoin.
The market forgives.
Dropdown menus.
Someone asked what we learned.
I said: "We're implementing additional verification steps."
Additional means more than one.
We had one.
Now we'll have two.
Maybe three.
Before sending $44 billion.
Someone asked if this could happen again.
I said: "We take operational security extremely seriously."
Extremely is an adverb.
Adverbs describe how we do things.
Not whether we do them.
The lucky box promotion continues.
With enhanced controls.
The prizes are still small.
2,000 Won.
$1.40.
We double-checked the dropdown.
Three times.
Anyway, we remain committed to providing a secure trading experience!
The statement said so.
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commonopoly retweetledi
@phvnk @PPPhunks @CryptoPhunksV2 @v3phunks @FastFoodPunks @piv_piv @visualizevalue @robopunks2048 Fresh fillet
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